Selective Soldering Global Market To Reach $218.8 Million By 2030: Innovations Drive Growth

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Dublin, April 05, 2023 (GLOBE NEWSWIRE) -- The "selective soldering: global strategic business report" report has been added to ResearchAndMarkets.com's offering.
The global market for Selective Soldering estimated at US$149.1 Million in the year 2022, is projected to reach a revised size of US$214.8 Million by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030.

Networking & Communication, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$71.7 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Medical, Industrial, & Instrumentation segment is readjusted to a revised 5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $43.6 Million, While China is Forecast to Grow at 4.3% CAGR
The Selective Soldering market in the U.S. is estimated at US$43.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$37.7 Million by the year 2030 trailing a CAGR of 4.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.
Select Competitors (Total 17 Featured) -

• DDM Novastar LLC
• Ebso GmbH
• epm Handels AG
• ERSA GmbH
• ITW EAE
• Japan Unix Co. Ltd.
• Juki Corporation
• Pillarhouse USA, Inc.
• SEHO Systems GmbH
• Shenzhen JT Automation Equipment Co., Ltd.
• Tai`an Puhui Electric Technology Co., Ltd.
• Tamura H.A. Machinery, Inc.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Attributes:

Report Attribute	Details
No. of Pages	183
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$149.1 Million
Forecasted Market Value (USD) by 2030	$214.8 Million
Compound Annual Growth Rate	4.7%
Regions Covered	Global

Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• A Prelude
• Recent Market Activity
• Selective Soldering - An Overview
• Selective Soldering Machines and Equipment - Key Features and Uses
• Growth of SMT Equipment and Flexible PCBs Form Strong Base for SSE Demand
• Growth of Flexible Printed Circuit Boards - A Business Case for SSE
• Selective Soldering Still Enjoys Growth despite Shift from TH to SMT Component
• Laser Soldering - An Important Selective Soldering Process
• Types of Selective Soldering Processes and Their Features
• Market Outlook
• Established ECMS Industry Drives Demand for SSE in Asia-Pacific
• Competition - A Brief Note
• Price-based Competition
• Selective Soldering - Global Key Competitors Percentage Market Share in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Trend-Setting Technologies
• Intensifying R&D to Foster Growth
• Lead-Free Solder Emboldens Growth Opportunities
• Small but Persistent Demand for Through-Hole Components Drives Growth
• Automation - A Buzz Word in Selective Soldering Market
• Automated Selective Soldering of SMT Components
• Automated Selective Soldering Need of the Hour for Soldering PCBs with Double-Sided SMT Content
• Innovations Drive Selective Soldering Market Growth
• Selective Aperture Tooling over Wave Solder
• Mass Selective Dip Solder Foundation
• Miniature Wave Selective Solder Fountains
• Laser Selective Soldering System
• Selective Flux Applicators
• Advantages of Miniature Wave Selective Soldering over Wave Soldering
• No-Clean Flux Encourages Efficiency in Selective Soldering
• Cost and Quality Issues Drive Industry towards Selective Soldering
• Shrinking Component Size Paints Brighter Prospects
• Next Generation Electronics: A Tantalizing Opportunity for Selective Soldering
• Challenges Associated with Use of SSE

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

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• global market for selective soldering

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