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COVID-19 Impacts: Global Selective Soldering Equipment Market Will Accelerate at a CAGR of Almost 6% Through 2020-2024 | Increasing Electronics Production to Boost Growth | Technavio


Technavio has been monitoring the global selective soldering equipment market size and it is poised to grow by USD 42.21 million during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. EBSO GmbH, Hentec Industries Inc., Illinois Tool Works Inc., Japan Unix Co. Ltd., Juki Corp., Kurtz Holding GmbH & Co. Beteiligungs KG, Nordson Corp., Pillarhouse International Ltd., SEHO Systems GmbH, and Seika Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing electronics production has been instrumental in driving the growth of the market. However, the rising cost pressure might hamper market growth.

Selective Soldering Equipment Market 2020-2024 : Segmentation

Selective Soldering Equipment Market is segmented as below:

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Selective Soldering Equipment Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our selective soldering equipment market report covers the following areas:

This study identifies the growing development of high-speed selective soldering equipment as one of the prime reasons driving the selective soldering equipment market growth during the next few years.

Selective Soldering Equipment Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the selective soldering equipment market, including some of the vendors such as EBSO GmbH, Hentec Industries Inc., Illinois Tool Works Inc., Japan Unix Co. Ltd., Juki Corp., Kurtz Holding GmbH & Co. Beteiligungs KG, Nordson Corp., Pillarhouse International Ltd., SEHO Systems GmbH, and Seika Corp. Backed with competitive intelligence and benchmarking, our research reports on the selective soldering equipment market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Selective Soldering Equipment Market 2020-2024 : Key Highlights

Table Of Contents :

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Application

Customer Landscape

Geographic Landscape

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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