Selective Soldering Equipment Market 2021 - Increasing demand for technologically advanced electronic products is likely to lead to drive massive growth

Selective soldering equipment is used for soldering the components of printed circuit boards. It is the process of flow soldering where the soldering method is done by through-hole technology and the electronic components are soldered on both the sides of the printed circuit board system. Selective soldering is done on the molded modules which may get damaged because of heat caused by wave soldering. Selective soldering is a cost effective method for mounting the electronic components on printed circuit boards. Various advantages of selective soldering over traditional hand soldering is expected to eventually boost the selective soldering equipment market. Increasing demand for printed circuit boards in the electronics industry is set to drive the selective soldering equipment market.

Rising Demand for Consumer Electronics to Drive the Global Selective Soldering Equipment Market

Growth of the electronics sector due to advances in IOT and increasing demand for technologically advanced electronic products is likely to lead to increased usage of selective soldering equipment. Selective soldering equipment are cost effective and require less maintenance. They perform better and work efficiently compared to traditional manual soldering. Low cost of operation, easy processing, and affordable component parts are the major factors expected to drive the global selective soldering equipment market.

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Increasing Technological Advancements to Create Better Opportunities for the Selective Soldering Equipment Market Globally

Selective soldering equipment reduces manual and wave soldering cost. The highly flexible and accurate soldering process machines have gained popularity among customers. Selective soldering equipment targets the specific areas on the board for the soldering process. Manufacturers are focusing to improve the soldering techniques to cater to the rising demand for efficient and reliable soldering systems. Thus, product innovation and high-volume manufacturing machines are expected to create better opportunities in various application areas and industries such as aerospace and defense, network and communications, and automotive industry. Growing penetration of smartphones and expansion of the consumer electronics industry is expected to drive the global selective soldering equipment market during the forecast period.

Asia Pacific to Lead the Global Selective Soldering Equipment Market

In terms of region, the global selective soldering equipment market can be divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa.

Europe includes the country-level analysis for U.K., Germany, France, and Rest of Europe. North America selective soldering equipment market country-level analysis includes Canada, the U.S., and Rest of North America. The South America selective soldering equipment market is segmented into Brazil, and Rest of South America. Analysis and forecast of the selective soldering equipment market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Middle East & Africa covers the market analysis for GCC countries, South Africa, and Rest of Middle East & Africa.

The market in Asia Pacific is likely to witness maximum demand for selective soldering equipment from 2019 to 2027 due to growth of the electronics industry.

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Key manufacturers operating in the global selective soldering equipment market are:

Manncorp
JUKI CORPORATION
Nordson Corporation
EBSO GmbH
RPS Automation
Kurtz Holding GmbH & Co. Beteiligungs KG
SEHO Systems GmbH
Illinois Tool Works, Inc.
Japan Unix Co., Ltd.
Seika Corporation

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