Selective Soldering Equipment Market Scope
Selective soldering is the process of selectively soldering using the soldering tool refers as selective soldering equipment, these are specially designed tools for producing highly customized connections of both copper and aluminum as well. It is used for printing the circuit boards and molded modules which can be damaged by the heat generated by the reflow oven by the conventional surface mount technologies. The growing use of selective soldering equipment over the traditional hole insertion components is one of the major driving factors of growth due to the huge application of the use of SMT technologies as it has significantly changed the ratio on electronic boards among the surfaces.
The Selective Soldering Equipment market study is segmented by Type (Standalone, In-line and Modular), by Application (Automotive, Medical, Network & Communication, Industrial, Consumer Electronics, Aerospace and Defense and Others (Electrical works, etc.)) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA estimates that Global Manufacturers will contribute to the maximum growth of Global Selective Soldering Equipment market throughout the predicted period.
Kurtz Holding GmbH & Co. Beteiligungs KG (Germany), Pillarhouse International Ltd. (United Kingdom), RPS Automation LLC (United States), SEHO Systems GmbH (Germany), Vitronics Soltec Corp (United States), ACE Production Technologies (United States), Blundell Production Equipment (United Kingdom), JUKI Automation (Japan) and Nordson Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Japan Unix Co., Ltd. (Japan) and Seika Corporation (Japan).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Selective Soldering Equipment market by Type, Application and Region.
On the basis of geography, the market of Selective Soldering Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
Recently, Nordson Corporation has acquired assets of ACE Production Technologies, Inc., a Spokane, Washington based designer and manufacturer of selective soldering systems used in a variety of automotive and industrial electronics assembly applications.
In February 2021, 1 Click SMT Technology Co. United States-based company has introduced the es High Flexibility, High Production Selective Soldering Machine in North America named as The MAS-i2 a three-section conveyor system, For soldering, the system is equipped with two individual solder pots in two individual Z-axis.
- Technological Advancements in the Equipment
- Implementation of 5G Technology
- Increased Demand for Consumer Electronics
- Low-Cost of Operation and Easy Processing
- Growth in the Electronics Sector
- Growing Demand from End-users
- High Cost of Selective Soldering Equipment
- Fluctuations in the World Economy
Key Target AudienceSelective Soldering Equipment Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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