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Global Soldering Stations and Accessories Market Size, Share: By Product: Soldering Guns, Soldering Iron, USB Microscope, Wire Cutter, Safety Glasses, Others; By Application: Satellite Navigation Systems, Electronic Consumer Goods, Cellular Phones, Others; By Sales Channel: Regional Analysis; Competitive Landscape; 2024-2032
Global Soldering Stations and Accessories Market Outlook
The global soldering stations and accessories market size reached approximately USD 1.13 billion in 2023. The market is further projected to grow at a CAGR of 6.7% between 2024 and 2032, reaching a value of USD 2.04 billion by 2032.
Key Trends in the Market
A soldering station refers to an electrical device used for completion of soldering tasks. The soldering station comprises of soldering tip cleaners, control units, holders, stands, and desoldering tools, among other accessories. Some of the tools are connected to a control unit that consists of display areas, electrical transformers, and temperature adjustment knobs.
- The rising requirement for maintenance and repair of printed circuit boards and electronic devices owing to the expansion of the manufacturing, aerospace, and automobile sectors is boosting the soldering stations and accessories market growth.
- The growing deployment of advanced technologies including machine learning and artificial intelligence in soldering stations and accessories for enhancing the quality and efficiency of the equipment and offer innovative solutions to various industries is bolstering the market expansion.
- The increasing requirement for network infrastructure development due to the expansion of the telecommunications sector is providing lucrative growth opportunities to the market. Additionally, the rapid adoption of hybrid and electric vehicles due to rising environmental concerns is propelling the demand for soldering stations and accessories as they aid in high precision soldering, which is essential for manufacturing various components in such vehicles.
Global Soldering Stations and Accessories Market Analysis
On the basis of product, the market is divided into soldering guns, soldering iron, USB microscope, wire cutter, and safety glasses, among others. Based on application, the market is classified into satellite navigation systems, electronic consumer goods, cellular phones, automotive dashboards, and medical equipment, among others.
On the basis of sales channel, the market is bifurcated into offline and online. Based on region, the soldering stations and accessories market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- HAKKO Corporation
- OK International, Inc. (Metcal)
- Apex Tool Group, LLC (Weller Tools GmbH)
- X-Tronic International Inc.
- Kurtz Holding GmbH & Co. Beteiligungs KG
- Antex (Electronics) Limited
- JBC Soldering SL
- Jameco Electronics
- Guangzhou Yihua Electronic Equipment Co., Ltd.
- Aoyue International Limited
- Others
Market Share by Application
Electronic consumer goods are anticipated to account for a significant soldering stations and accessories market share. The rising requirement for high performance, cost efficient, and easy to use devices due to increasing shift in consumer preferences and technological advancements is propelling the demand for consumer electronics. Soldering stations and accessories are used for repairing and manufacturing printed circuit boards and various other electronic components.
Market Share by Region
North America is expected to witness significant growth over the forecast period. This growth can be attributed to the expansion of the refurbishing sector in the region and increase in manufacture of sophisticated semiconductor devices. The rise in spendings upon electronic devices due to increasing disposable incomes is bolstering the soldering stations and accessories market demand. The rapid adoption and availability of novel technologies in North America is also offering lucrative growth opportunities to the market.
Competitive Landscape
HAKKO Corporation is one of the leading producers and distributors of high-quality tools used for fume extraction, soldering, and desoldering. The soldering stations and accessories provided by the company are deployed by various sectors around the globe.
OK International, Inc. (Metcal) is known for delivering innovative and market leading dispensing and soldering solutions in industrial and electronic product assemblies. The company was founded in 1946 and is headquartered in California, United States.
Apex Tool Group, LLC (Weller Tools GmbH) is one of the leading manufacturers of soldering stations and accessories. Due to the high quality and innovative features provided by the products manufactured by the company, they are used in different sectors across the globe.
Other soldering stations and accessories market key players include X-Tronic International Inc., Kurtz Holding GmbH & Co. Beteiligungs KG, Antex (Electronics) Limited, JBC Soldering SL, Jameco Electronics, Guangzhou Yihua Electronic Equipment Co., Ltd., and Aoyue International Limited, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Sales Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Soldering Stations and Accessories Market Analysis
8.1 Key Industry Highlights
8.2 Global Soldering Stations and Accessories Historical Market (2018-2023)
8.3 Global Soldering Stations and Accessories Market Forecast (2024-2032)
8.4 Global Soldering Stations and Accessories Market by Product
8.4.1 Soldering Guns
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Soldering Iron
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 USB Microscope
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Wire Cutter
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Safety Glasses
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Soldering Stations and Accessories Market by Application
8.5.1 Satellite Navigation Systems
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Electronic Consumer Goods
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Cellular Phones
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Automotive Dashboards
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Medical Equipment
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Soldering Stations and Accessories Market by Sales Channel
8.6.1 Offline
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Online
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Soldering Stations and Accessories Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Soldering Stations and Accessories Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Soldering Stations and Accessories Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Soldering Stations and Accessories Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Soldering Stations and Accessories Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Soldering Stations and Accessories Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 HAKKO Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 OK International, Inc. (Metcal)
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Apex Tool Group, LLC (Weller Tools GmbH)
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 X-Tronic International Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Kurtz Holding GmbH & Co. Beteiligungs KG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Antex (Electronics) Limited
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 JBC Soldering SL
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Jameco Electronics
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Guangzhou Yihua Electronic Equipment Co., Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Aoyue International Limited
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Soldering Stations and Accessories Market: Key Industry Highlights, 2018 and 2032
2. Global Soldering Stations and Accessories Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global Soldering Stations and Accessories Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global Soldering Stations and Accessories Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Soldering Stations and Accessories Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Soldering Stations and Accessories Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
7. Global Soldering Stations and Accessories Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
8. Global Soldering Stations and Accessories Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Soldering Stations and Accessories Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Soldering Stations and Accessories Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Soldering Stations and Accessories Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Soldering Stations and Accessories Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Soldering Stations and Accessories Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Soldering Stations and Accessories Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Soldering Stations and Accessories Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Soldering Stations and Accessories Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Soldering Stations and Accessories Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Soldering Stations and Accessories Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Soldering Stations and Accessories Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Soldering Stations and Accessories Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 1.13 billion in 2023.
The market is projected to grow at a CAGR of 6.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2.04 billion by 2032.
The major market drivers include expansion of the aerospace sector and increasing deployment of advanced technologies.
The key trends fuelling the growth of the market include increasing requirement for network infrastructure development due to the expansion of the telecommunications sector and rising requirement for maintenance and repair of printed circuit boards and electronic devices due to growing popularity of consumer electronics.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The applications of soldering stations and accessories include satellite navigation systems, electronic consumer goods, cellular phones, automotive dashboards, and medical equipment, among others.
The key players in the market are HAKKO Corporation, OK International, Inc. (Metcal), Apex Tool Group, LLC (Weller Tools GmbH), X-Tronic International Inc., Kurtz Holding GmbH & Co. Beteiligungs KG, Antex (Electronics) Limited, JBC Soldering SL, Jameco Electronics, Guangzhou Yihua Electronic Equipment Co., Ltd., and Aoyue International Limited, among others.
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