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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Selective soldering equipment is used to solder the components of printed circuit boards. Flow soldering is a type of soldering in which the electronic components are soldered on both sides of the printed circuit board system utilising through-hole technology. On moulded modules that can be damaged by the heat produced by wave soldering, selective soldering is employed.
Electronic components can be attached to printed circuit boards at a reasonable cost by using selective soldering. Due to the many benefits selective soldering has over traditional hand soldering, the selective soldering equipment market is expected to expand in the future.
The growing need for printed circuit boards in the electronics industry is anticipated to fuel the market for selective soldering equipment.
The Global soldering equipment market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
New GT90 and GT120 Soldering Systems introduced by Metcal Due to the inductive heating technology they employ, the GT90 and GT120 provide industry-leading performance. They are also Metcal's first platforms with changeable temperature that have been made available to the public.
The GT90 is a single port soldering station that outperforms competing 75-120 watt systems by a wide margin. It uses a 90 watt power source. It is the best and most economical choice for single iron operations on the manufacturing line and is compatible with Standard and Ultrafine tips.
The GT120 is a single port soldering station that uses a 120 watt power supply. It has performance that is superior to similarly priced 150â200 watt systems in the competitive space and on par with 250âwatt systems that are significantly more expensive.
For every single iron soldering application, the GT120 is suitable since it works with Ultrafine, Standard, and High Thermal Demand tips.
The only products on the market that combine inductive heating technology with temperature control are members of the GT family of soldering systems. In comparison to rivals' resistive heating systems offered in the same product category, the GT systems have a substantial performance advantage thanks to their quicker time to temperature, faster thermal recovery, and more stable temperature during soldering.
The GT120 is the highest-performing and most versatile soldering station on the market today, offering performance beyond anything else on the market today and the capacity to handle applications requiring the smallest components to the largest thermal loads.
It is perfect for soldering in production settings, research and development facilities, applications requiring exceptionally high heat loads, and soldering under a microscope.
Both units are powered by an external power source, which enables a more compact design to free up bench space and enhance the system's quality and lifespan.
Additionally, they have a user-friendly user interface, password-protected programmes for temperature lockout and range selection, as well as a USB port to update software and power accessories like fans, lights, cameras, or even a mobile phone.
The entire system for each model consists of a soldering station with an external power source, one hand-piece, and a work-stand to handle a range of soldering and rework applications utilising the accompanying tips and cartridges.
The world's first digital soldering equipment with a fume extractor is being released, according to Fly Carve. This all-in-one soldering kit offers consistent high-quality soldering while preserving a healthier fume-free soldering environment.
It combines a high-precision digital soldering iron, a potent fume extractor with 1.8 CMM(m3/min) of suction power, and an all-metal circuit board holder.
The two-in-one Fly Carve F1 smokeless smart soldering station uses a ceramic heating core and a high conductivity temperature transmission mechanism to speed up the soldering process and achieve a quick warm-up speed, heating from 0° to 400°C in just six seconds.
To safeguard the lungs and general health, the Fly Carve F1 greatly lowers the hazardous gases released during soldering with a specialised fume extractor design and 1.8 CMM(m3/min) suction volume.
A cutting-edge microprocessor chip is incorporated into this smart soldering iron to precisely manage temperature. It reliably maintains a temperature variance of only 37°F to safeguard solder heads and other components.
Over the past few decades, electronics have seen a significant lot of change, yet intriguingly, the instruments used to create and maintain them have essentially remained the same. In order to give customers the most potent features and the highest level of safety, we set out to modernise this necessary tool with the Fly Carve F1 digital soldering iron.
In order to do this, we used premium materials to construct our tool before adding a cutting-edge microcomputer chip and pre-programmed shortcuts to deliver flawless temperature management and a more dependable, convenient workflow.
The most significant change was the addition of a specialised fume extraction system to collect, filter, and eliminate dangerous smoke and gases. These characteristics work together to create Fly Carve F1 the ideal soldering tool. Now, professionals, manufacturers, and amateurs can all operate swiftly, confidently, and safely.
With fume absorption units in a reusable three-layer filter to scrub unclean air and restore clean air into the working area after HEPA and chemical filtration, the Fly Carve F1 maintains the air safer.
Due to the flexibility of a 360-degree rotating extraction tube, it is simple for the operator to gather dangerous exhaust fumes for a more secure working environment. For increased effectiveness, it also has an electronic circuit board clamp.
North America
The North American market, particularly the USA, will be one of the prime markets for Soldering Equipment Market due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive.
Europe
The European market, particularly Western Europe, is another prime market for Soldering Equipment Market due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for Soldering Equipment Market are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period.
Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe.
There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of Soldering Equipment Market in the region.
Asia
Asia will continue to be the global manufacturing hub for Soldering Equipment Market over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries.
There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon.
Africa
Africa is expected to see the largest growth in Soldering Equipment Market over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape.
RoW
Latin America and the Oceania region will showcase growth over the forecast period in Soldering Equipment Market aIn Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to growth of other industries in the region.
| Margin Comparison (Highest to lowest) | Region | Remarks |
| 1 | Europe | The supply chain demands and the purchasing power in the region enable suppliers to extradite a larger margin from this region than other regions. This is for both locally manufactured as well as imported goods and services in the region. |
| 2 | North America | Due to the high spending power in this region, the margins are higher compared to the rest of the world, but they are lower than Europe as there is higher competition in this region. All the suppliers of goods and services target USA as a main market thereby decreasing their margins compared to Europe |
| 3 | Asia | Lower purchasing power, coupled with higher accessibility of services in this regions doesnât enable suppliers to charge a high margin making it lower than Europe and North America. The quality of goods and services are also affected due to this aspect in the region |
| 4 | Africa and ROW | The margins are the lowest in this region, except for Australia and New Zealand as the countries in this region donât have much spending power and a large portion of the products and services from this area is exported to other parts of the world |
USAâ $210 billion is allocated to federal R&D with main focus on health research, clean energy, semiconductor manufacturing, sustainable textiles, clean energy, and advanced manufacturing. Investments by private players are mainly focused on technological development including 5G infrastructure and AI in the region.
Europeâ EIC is investing â¬1 billion to innovative companies in sectors like AI, biotechnology, and semiconductors. There is also a focus on developing the ecosystem in the continent as well as improving the infrastructure for developing industries such as electric vehicles and sustainable materials. Private players are targeting data centers, AI, battery plants, and high end technological R&D investments.
Asiaâ There are investments to tackle a range of scientific and technological advancements in this region mainly coming in from China, India, South Korea, and Japan. This will include artificial intelligence, 5G, cloud computing, pharmaceutical, local manufacturing, and financial technologies. Many countries are aiming to be digital hubs including Saudi Arabia.
Africaâ Investments in the region are focused on improving the technological capabilities in the region along with socio-economic development and growth. Private participants of investments in this region is venture capital dominated who are targeting the various growth elements of the region as social stability improves. The major industries are fintech, easier lending, and manufacturing.
Latin Americaâ The focus in the region is for fintech, e-commerce, and mobility sectors. There are also investments in improving manufacturing in the region. Local investments is focused on improving the healthcare, and transportation infrastructure in the region. The region is attracting foreign investments to improve their ability to utilize the natural resources present in the region.
Rest of the Worldâ The investments in this region are focused on clean energy, green metals, and sustainable materials. Funds in Australia are focused on solar energy and battery technologies, along with high end futuristic areas such as quantum computing. The main countries of private investment in ROW will be Australia, Canada, and New Zealand.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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