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Electric Soldering Iron - Global Market Insights And Sales Trends 2024

Published on: Nov 2023 | From USD $3350 | Published By: QY RESEARCH | Number Of Pages: 112

An electric soldering iron is a hand tool used to heat solder, usually from an electrical supply at high temperatures above the melting point of the metal alloy. This allows for the solder to flow between the workpieces needing to be joined.

This soldering tool is made up of an insulated handle and a heated pointed metal iron tip. Good soldering is influenced by how clean the tip of your soldering iron is. To maintain cleanliness, a user will hold the soldering iron and use a wet sponge to clean the soldering iron tip prior to soldering components or making soldered connections.

In addition to the soldering iron, solder suckers are an important part of the soldering setup. If excessive solder is applied, these small tools are used to remove the solder, leaving only that desired.

The global Electric Soldering Iron market size is expected to reach US$ 986.4 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Soldering Iron in various end use industries. The expanding demands from the Manufacturing and Repairing, are propelling Electric Soldering Iron market. Soldering Pencils, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Soldering Guns segment is estimated at % CAGR for the next seven-year period.

Global key manufacturers of electric soldering iron include Weller, Hakko, Kurtz Ersa, JBC Tools, Metcal and Guangzhou Yihua, etc, with a total share about 60%.

Asia-Pacific holds the highest market share by region over 40%, followed by North America(25%) and Europe (20%).

Soldering stations, pencils and guns are three major types of the product, where top 1 segment is soldering station, with a share over 75%.

In terms of application, manufacturing makes up most, about 70%.

Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Soldering Iron, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:
This report provides in-depth analysis of the global Electric Soldering Iron market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Electric Soldering Iron market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Soldering Iron sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Electric Soldering Iron covered in this report include Weller, Hakko, Kurtz Ersa, JBC Tools, Metcal, Guangzhou Yihua, Den-On Instruments, Prokit's Industries and Sorny Roong, etc.

The global Electric Soldering Iron market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation
Company Profiles:
Weller
Hakko
Kurtz Ersa
JBC Tools
Metcal
Guangzhou Yihua
Den-On Instruments
Prokit's Industries
Sorny Roong
Antex
Shenzhen Atten
Quick Intelligent
X-Tronic International
HSGM
RYOBI Tools
Proxxon

Global Electric Soldering Iron market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Electric Soldering Iron market, Segment by Type:
Soldering Pencils
Soldering Guns
Soldering Stations

Global Electric Soldering Iron market, by Application
Manufacturing
Repairing

Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Soldering Iron manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Soldering Iron in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.

1 Market Overview
1.1 Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global Revenue by Type: 2021 Versus 2022 Versus 2027
1.3 Market Analysis by Application
1.3.1 Overview: Global Revenue by Application: 2021 Versus 2022 Versus 2027
1.4 Global Market Size & Forecast
1.4.1 Global Sales in Value (2017-2027))
1.4.2 Global Sales in Volume (2017-2027)
1.4.3 Global Price by Type (2017-2027) & (US$/Unit)
1.5 Global Production Capacity Analysis
1.5.1 Global Total Production Capacity (2017-2027)
1.5.2 Global Production Capacity by Geographic Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Market Drivers
1.6.2 Market Restraints
1.6.3 Trends Analysis
2 Manufacturers Profiles
**This is for each company**
2.1.1 Company Details
2.1.2 Company Major Business
2.1.3 Company Product and Services
2.1.4 Company Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
3 Sales by Manufacturer
3.1 Global Sales in Volume by Manufacturer (2020-2022e)
3.2 Global Revenue by Manufacturer (2020--2022e)
3.3 Key Manufacturer Market Position in Market
3.4 Market Concentration Rate
3.4.1 Top 3 Manufacturer Market Share
3.4.2 Top 6 Manufacturer Market Share
3.5 Global Production Capacity by Company
3.6 Manufacturer by Geography: Head Office and Production Site
3.7 New Entrant and Capacity Expansion Plans
3.8 Mergers & Acquisitions
4 Market Analysis by Region
4.1 Global Market Size by Region
4.1.1 Global Sales in Volume by Region (2017-2027)
4.1.2 Global Revenue by Region (2017-2027)
4.2 North America Revenue (2017-2027)
4.3 Europe Revenue (2017-2027)
4.4 Asia-Pacific Revenue (2017-2027)
4.5 South America Revenue (2017-2027)
4.6 Middle East and Africa Revenue (2017-2027)
5 Market Segment by Type
5.1 Global Sales in Volume by Type (2017-2027)
5.2 Global Revenue by Type (2017-2027)
5.3 Global Price by Type (2017-2027)
6 Market Segment by Application
6.1 Global Sales in Volume by Application (2017-2027)
6.2 Global Revenue by Application (2017-2027)
6.3 Global Price by Application (2017-2027)
7 North America by Country, by Type, and by Application
7.1 North America Sales by Type (2017-2027)
7.2 North America Sales by Application (2017-2027)
7.3 North America Market Size by Country
7.3.1 North America Sales in Volume by Country (2017-2027)
7.3.2 North America Revenue by Country (2017-2027)
7.3.3 United States Market Size and Forecast (2017-2027)
7.3.4 Canada Market Size and Forecast (2017-2027)
7.3.5 Mexico Market Size and Forecast (2017-2027)
8 Europe by Country, by Type, and by Application
8.1 Europe Sales by Type (2017-2027)
8.2 Europe Sales by Application (2017-2027)
8.3 Europe Market Size by Country
8.3.1 Europe Sales in Volume by Country (2017-2027)
8.3.2 Europe Revenue by Country (2017-2027)
8.3.3 Germany Market Size and Forecast (2017-2027)
8.3.4 France Market Size and Forecast (2017-2027)
8.3.5 United Kingdom Market Size and Forecast (2017-2027)
8.3.6 Russia Market Size and Forecast (2017-2027)
8.3.7 Italy Market Size and Forecast (2017-2027)
9 Asia-Pacific by Country, by Type, and by Application
9.1 Asia-Pacific Sales by Type (2017-2027)
9.2 Asia-Pacific Sales by Application (2017-2027)
9.3 Asia-Pacific Market Size by Region
9.3.1 Asia-Pacific Sales in Volume by Region (2017-2027)
9.3.2 Asia-Pacific Revenue by Region (2017-2027)
9.3.3 China Market Size and Forecast (2017-2027)
9.3.4 Japan Market Size and Forecast (2017-2027)
9.3.5 Korea Market Size and Forecast (2017-2027)
9.3.6 India Market Size and Forecast (2017-2027)
9.3.7 Southeast Asia Market Size and Forecast (2017-2027)
9.3.8 Australia Market Size and Forecast (2017-2027)
10 South America by Country, by Type, and by Application
10.1 South America Sales by Type (2017-2027)
10.2 South America Sales by Application (2017-2027)
10.3 South America Market Size by Country
10.3.1 South America Sales in Volume by Country (2017-2027)
10.3.2 South America Revenue by Country (2017-2027)
10.3.3 Brazil Market Size and Forecast (2017-2027)
10.3.4 Argentina Market Size and Forecast (2017-2027)
11 Middle East & Africa by Country, by Type, and by Application
11.1 Middle East & Africa Sales by Type (2017-2027)
11.2 Middle East & Africa Sales by Application (2017-2027)
11.3 Middle East & Africa Market Size by Country
11.3.1 Middle East & Africa Sales in Volume by Country (2017-2027)
11.3.2 Middle East & Africa Revenue by Country (2017-2027)
11.3.3 Turkey Market Size and Forecast (2017-2027)
11.3.4 Egypt Market Size and Forecast (2017-2027)
11.3.5 Saudi Arabia Market Size and Forecast (2017-2027)
11.3.6 South Africa Market Size and Forecast (2017-2027)
12 Sales Channel, Distributors, Traders and Dealers
12.1 Sales Channel
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.2 Typical Distributors
12.3 Typical Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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