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Soldering in Electronics Assembly Market to 2028 : Growth of Electronic Industry

Soldering in electronic assembly means joining different types of metals by melting solder. Solder is a metal alloy usually made of tin and lead which is melted using a hot iron. The iron is heated to temperatures above 600°F, which is then cooled to create a strong electrical bond between components. Soldering in electronic assembly is used in various types of industries such as HVAC/R, aerospace, automotive, oil & gas, mining, electrical & power management, electronics, and pharmaceutical markets.

GENMA Europe GmbH, Indium Corporation, Fusion Incorporated, AIM Metals & Alloys LP, and MacDermid Alpha Electronics Solutions –Prominent Market Participants in Soldering in Electronics Assembly Market

The growing use of lead-free soldering products have increased the demand for solder in electronics assembly products. Lead-free soldering in electronic assembly is an alternative to the traditional lead solders, which were widely used since the inception of the soldering process. Many factors such as lead free solders have better electric connectivity than lead products, better for the environment, and lack of toxic components provide lead-free soldering an edge over alternative soldering assembly.

The top five companies in the soldering in electronics assembly market are GENMA Europe GmbH, Indium Corporation, Fusion Incorporated, AIM Metals & Alloys LP, and MacDermid Alpha Electronics Solutions. The above listing of key players is derived by considering multiple factors such as overall market insights, dynamic trends, revenue, current general aviation portfolio, new product launches, market initiatives, investment in technology up-gradation, mergers & acquisitions, and other joint activities. A few of the important market initiatives and product developments from the industry are mentioned below:

Year News Region
2022 AIM Solder rolled out their new low-voiding, no clean solder paste, V9. The new product is designed to solve industry’s extreme challenges. V9 lowers voiding to as low as 1% on BGA and <5% on BTC components while exhibiting stable print performance on fine feature devices over 12 hours. North America
2020 Metcal- Soldering equipment manufacturer introduced CV-5200 Connection Validation Soldering System- a new soldering and rework system. This system utilizes advanced sensors and software to ensure constant and reliable solder joints. North America