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:

• Application
  • Networking And Communication
  • Consumer Electronics
  • Automotive
  • MI And I
  • Aerospace And Defense
• Geography
  • APAC
  • North America
  • Europe
  • South America
  • MEA

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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:

• Selective Soldering Equipment Market size
• Selective Soldering Equipment Market trends
• Selective Soldering Equipment Market industry analysis

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

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist selective soldering equipment market growth during the next five years
• Estimation of the selective soldering equipment market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the selective soldering equipment market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of selective soldering equipment market vendors

Table Of Contents :

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Networking and communication - Market size and forecast 2019-2024
• Consumer electronics - Market size and forecast 2019-2024
• Automotive - Market size and forecast 2019-2024
• Aerospace and defense - Market size and forecast 2019-2024
• Market opportunity by Application

Customer Landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• 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
• Seika Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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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.