Soldering in Electronics Assembly Market Analysis and Scope (2024 to 2028)
Soldering in Electronics Assembly Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2 Billion |
Market Size by 2028 | US$ 2.62 Billion |
Global CAGR (2023 - 2028) | 5.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2028 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The global soldering in electronics assembly market size is segmented based on product. Based on product, the market is segmented into wire, paste, flux, bar, and others. By region, the soldering in electronics assembly market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).
GENMA Europe GmbH, Indium Corporation, Fusion Incorporated, AIM Metals & Alloys LP, and MacDermid Alpha Electronics Solutions are among the key soldering in electronics assembly market players operating worldwide.
The soldering in electronics assembly market players are mainly focused on the development of advanced and efficient products.
- In 2021, Electronics manufacturing services provider “Foxconn Technology Group” and semiconductor company “MediaTek” announced a collaboration to develop new 5G solutions for smart manufacturing and Industry 4.0 applications. This collaboration could lead to new advancements in the soldering electronics industry.
- In 2020, Soldering equipment manufacturer “Metcal” partnered with electronics distributor “Farnell” to expand its product offerings and reach new customers in Europe.