Soldering Robot Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022 to 2028

Description

Soldering Robot Market size is valued at USD 117.1 million in 2021 and expected to reach a value of USD 171.5 million by 2028, growing at a CAGR of 5.6% during the forecast period 2022-2028. In recent years, the soldering robot industry has experienced exceptional growth, which is expected to continue in the coming years. Rising investments in research and development activities, the entry of new players, product innovation, technological advancements, effective resource allocation, and growing competition among business rivals to expand its regional and customer base are all factors contributing the soldering robot market growth. In the near future, positive government policies and incentives, as well as favorable regulations, are expected to determine the growth of the soldering robot market. Furthermore, Customers’ spending capacity will expand as their disposable income rises, which will help the soldering robot industry grow even more. The market is grown significantly due to developments in the IT and computer science sectors. For numerous purposes, the IT and computer science industries use various electronics and electrical devices. Due to the increased demand for electronic gadgets, the soldering market will experience significant expansion in the next years. In the coming years, the growing importance of the electronics industry in many industry areas will be a major market driver. In this era of technological growth, the automotive industry makes extensive use of electronics for a variety of functions. In terms of technologies in the soldering device, rework station, and vacuum pickup, the robotic soldering process has seen several developments. The availability of real-time connectivity and remote access from many locations expands the product market. Furthermore, the advent of laser robots for mass production, which will increase performance and reduce manufacturing time, is likely to propel the product market even further. The laser soldering robot industry is being boosted by highly sophisticated procedure-oriented businesses. For example, the screen-printing technique necessitates highest level of precision when putting paste on PCBs because any imperfection would result in joint disruption, wasting time, resources, and money. The high-demand electronics aftermarket is likely to drive growth in a similar manner.

Key Developments:

In May 2021, to help meet the growing demand for its antiseptic products, EMist and Flex, and accelerate the production of its Ex-7000 Backpack Disinfectant Sprayer. The EMist EX-7000 is the industry’s first and only intelligent electrostatic disinfectant sprayer. Using advanced EPIX Charge Detect™ Technology, the system ensures even application, increased coverage, and reduced chemical and labor costs.

In Sept 2019, Accurex Partnered with Apollo Seiko Japan. The Indian electronic and biotechnology industries will benefit from the new company’s after-sales service and application assistance.

In Nov 2019, Thermaltronics Launched New Solder Robot to Simplify Soldering Applications. The TMT-R8000S Solder Robot System, a single-head soldering robot, is designed for simplified soldering applications but still contains vision/mapping, fiducial markings, and dynamic laser height control, as well as the same IP software as the company’s successful tabletop system.