Soldering robot is mainly a machine to carry out soldering, which is a procedure of linking items with the help of melting as well as putting a filler metal into the joint. Soldering robot helps in enhancing the production, along with reduced involvement of human efforts. Moreover, it makes sure that the soldering is carried out with exceptional quality for each and every joint. This machine is ideal for various activities involved in manufacturing various appliances and electronics. Conventionally, almost all the solders included lead in them. However, due to growing environmental and health concerns, the need for lead-free alloys was raised for electronics and various plumbing activities. Taking into account the growth of the global soldering robot market, QYR Consulting has lately published a new report names, “Global Soldering Robot Market Report, History and Forecast 2014 - 2025.” According to the report, the global soldering robot market was US$ 148 mn in 2018 and is expected to reach US$ 300 mn by the end of 2025. The global soldering robot market is predicted to exhibit a healthy CAGR of 10.5% during the forecast period of 6 years, i.e. between 2019 and 2025.
4-axis Robot to Gain Popularity in the Near Future
As far as the product is concerned, the global soldering robot market is segregated as 6-axis robot, 5-axis robot, 4-axis robot, 3-axis robot, and 2-axis robot. The 4-axis robot is expected to grab a handsome share in the market owing to increasing popularity of this technology. Based on application, the soldering robot market is divided into consumer electronics, appliances electronics, automotive electronics, and others. Consumer electronics is expected to witness substantial growth in the near future owing to extensive application of soldering robots in this sector.
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North America to Emerge as a Frontrunner in the Coming Years
North America is expected to occupy a major share in the coming years. Technological advancements in the US are expected to contribute significantly to the soldering robot market growth. Asia Pacific will witness significant growth in the near future owing to growing consumption in the economies such as China and India. Rapid development of technology and increasing production are some of the key factors driving the soldering robot market in China. Moreover, Japan, Korea, Southeast Asia, and Taiwan are anticipated to emerge as the key consumption countries. On the other hand, Europe may hold a conspicuous share in the coming future owing to the increasing usage of soldering robots.
Key players operating in the global soldering robot market include Cosmic, Japan Unix, HAKKO, Tsutsumi Electric, Apollo Seiko, Janome, Unitechnologies, Quick, and Flex Robot.
Novel Innovations and Additional Features to Boost the Market Growth
With the help of technological advances, companies are coming with novel innovations to raise the efficiency level of the soldering robots. It has been observed that the need for soldering robots is extensively increasing across numerous sectors including appliances electronics, automotive electronics, and consumer electronics. This scenario has urged the manufacturers to introduce advanced technology and proficient robots. Manufacturers are also adding additional functions to the soldering robots in order to raise the quality, accuracy, and speed of the operations and lessen the time consumption.
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