Market Analysis and Insights: Global Hand Soldering Market

Hand soldering is to connect two points. These points can be component or PCB layer or wire. Hand soldering melts a metal wire, called solder, and flows over the two points. Hand Soldering Iron is powered by electric power, which heats a rod, on tip of which the solder melts and helps to join. On cooling the points are together as solid. Soldering helps to connect electronic components to perform many functions.

Due to the COVID-19 pandemic, the global Hand Soldering market size is estimated to be worth US$ 552.9 million in 2022 and is forecast to a readjusted size of US$ 713.8 million by 2029 with a CAGR of 3.5% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Soldering Iron accounting for % of the Hand Soldering global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Electronics Manufacturing segment is altered to an % CAGR throughout this forecast period.

The major manufacturers in the global Hand Soldering market are Weller (Ape Tool Group), JBC and Kurtz Ersa, etc. The top 1 manufacturer account for about 45% of the market share.

Europe is the largest market for hand soldering with about 40% market share, followed by China and Europe with about 23% and 20%.In terms of product, soldering station is the largest segment, with a share over 55%. And in terms of application, the largest application is electronics manufacturing, followed by electronics repairing.

Global Hand Soldering Scope and Market Size

The global Hand Soldering market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Hand Soldering market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Soldering Iron

Soldering Stations

Others


Segment by Application


Electronics Manufacturing

Electronics Repairing

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Weller (Apex Tool Group)

HAKKO

JBC

Kurtz Ersa

QUICK Soldering

Metcal (OK International)

GOOT (Taiyo Electric)

Hexacon

PACE

JAPAN UNIX

Thermaltronics

Esico-Triton

American Beauty

Apollo Seiko

Aoyue

AirVac