Asia Pacific Soldering in Electronics Assembly Market Forecast to 2028 -Regional Analysis - by Product (Wire, Paste, Bar, Flux, Bar, and Others)
The Asia Pacific soldering in electronics assembly market is expected to grow from US$ 805.89 million in 2023 to US$ 1,101.38 million by 2028. It is estimated to grow at a CAGR of 6.4% from 2023 to 2028.
Robotics in Soldering is Fueling Asia Pacific Soldering in Electronics Assembly Market
With the introduction of Industry 4.0 in manufacturing, the adoption of automation for mass customizations plays a crucial role in large-scale production in a shorter time. Robots provide precision in soldering products in electronic assembly and improve overall productivity. Market players provide such soldering robots and machinery to reduce the downtime of the production process and provide accurate results. The adoption of robotics for automation in soldering in electronics assembly contributes to the soldering process's production output, propelling the market's growth. Robotic soldering also plays an important role in optimizing printed circuit board (PCB) assembly to reduce and eliminate human error. The controlled and repeatable process increases the productivity and profitability of the PCB assembly process. Thus, there is a rise in the adoption of soldering robots by companies. For instance, Indium Corporation manufactures flux-cored solder wire with the help of soldering robots. In July 2022, Indium Corporation partnered with SAFI-Tech to develop no-heat and low-heat solder and metallic joining products, where the Indium Corporation can use its soldering robots to manufacture the newly developed products. Thus, the adoption of robotics in soldering is expected to be a trend in the Asia Pacific soldering in electronics assembly market during the forecast period.
Asia Pacific Soldering in Electronics Assembly Market Overview
The Asia Pacific soldering in electronics assembly market, based on country, is segmented into Australia, China, India, Japan, South Korea, and the rest of APAC. Over the years, China, India, and Taiwan have become major electronics manufacturing countries across the globe. The wide presence of electronics manufacturers across the region is driving the market growth. A few electronics manufacturers in the region are Samsung Electronics; Integrated Micro-Electronics, Inc.; Venture Corporation Limited; and Fabrinet Company Limited. The constant innovation by these companies coupled with expansion plans to increase their market share boost the demand for soldering, thereby contributing to the APAC soldering in electronics assembly market growth. The automotive industry across APAC is experiencing a significant growth over the years. Countries such as India, China, Indonesia, South Korea, and Thailand have experienced a significant rise in vehicle production volume in 2022, according to the International Organization of Motor Vehicle Manufacturers. Additionally, regional and global automotive manufacturers are investing in establishing new vehicle production plants across the region.
Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Soldering in Electronics Assembly Market Segmentation
The Asia Pacific soldering in electronics assembly market is bifurcated into product and country.
Based on the product, the Asia Pacific soldering in electronics assembly market is segmented into wire, paste, bar, flux, and others. The wire segment held the largest share of the Asia Pacific soldering in electronics assembly market in 2023.
Based on country, the Asia Pacific soldering in electronics assembly market has been categorized into China, India, Japan, South Korea, Taiwan, and the Rest of Asia Pacific. Our regional analysis states that China dominated the Asia Pacific soldering in electronics assembly market in 2023.
AIM Metals & Alloys LP, Fusion Inc, Indium Corp, KOKI Co Ltd, Lucas-Milhaupt Inc, MacDermid Alpha Electronics Solutions, and Superior Flux & Manufacturing Co are the leading companies operating in the Asia Pacific soldering in electronics assembly market.
Robotics in Soldering is Fueling Asia Pacific Soldering in Electronics Assembly Market
With the introduction of Industry 4.0 in manufacturing, the adoption of automation for mass customizations plays a crucial role in large-scale production in a shorter time. Robots provide precision in soldering products in electronic assembly and improve overall productivity. Market players provide such soldering robots and machinery to reduce the downtime of the production process and provide accurate results. The adoption of robotics for automation in soldering in electronics assembly contributes to the soldering process's production output, propelling the market's growth. Robotic soldering also plays an important role in optimizing printed circuit board (PCB) assembly to reduce and eliminate human error. The controlled and repeatable process increases the productivity and profitability of the PCB assembly process. Thus, there is a rise in the adoption of soldering robots by companies. For instance, Indium Corporation manufactures flux-cored solder wire with the help of soldering robots. In July 2022, Indium Corporation partnered with SAFI-Tech to develop no-heat and low-heat solder and metallic joining products, where the Indium Corporation can use its soldering robots to manufacture the newly developed products. Thus, the adoption of robotics in soldering is expected to be a trend in the Asia Pacific soldering in electronics assembly market during the forecast period.
Asia Pacific Soldering in Electronics Assembly Market Overview
The Asia Pacific soldering in electronics assembly market, based on country, is segmented into Australia, China, India, Japan, South Korea, and the rest of APAC. Over the years, China, India, and Taiwan have become major electronics manufacturing countries across the globe. The wide presence of electronics manufacturers across the region is driving the market growth. A few electronics manufacturers in the region are Samsung Electronics; Integrated Micro-Electronics, Inc.; Venture Corporation Limited; and Fabrinet Company Limited. The constant innovation by these companies coupled with expansion plans to increase their market share boost the demand for soldering, thereby contributing to the APAC soldering in electronics assembly market growth. The automotive industry across APAC is experiencing a significant growth over the years. Countries such as India, China, Indonesia, South Korea, and Thailand have experienced a significant rise in vehicle production volume in 2022, according to the International Organization of Motor Vehicle Manufacturers. Additionally, regional and global automotive manufacturers are investing in establishing new vehicle production plants across the region.
Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Soldering in Electronics Assembly Market Segmentation
The Asia Pacific soldering in electronics assembly market is bifurcated into product and country.
Based on the product, the Asia Pacific soldering in electronics assembly market is segmented into wire, paste, bar, flux, and others. The wire segment held the largest share of the Asia Pacific soldering in electronics assembly market in 2023.
Based on country, the Asia Pacific soldering in electronics assembly market has been categorized into China, India, Japan, South Korea, Taiwan, and the Rest of Asia Pacific. Our regional analysis states that China dominated the Asia Pacific soldering in electronics assembly market in 2023.
AIM Metals & Alloys LP, Fusion Inc, Indium Corp, KOKI Co Ltd, Lucas-Milhaupt Inc, MacDermid Alpha Electronics Solutions, and Superior Flux & Manufacturing Co are the leading companies operating in the Asia Pacific soldering in electronics assembly market.
1. INTRODUCTION
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. ASIA PACIFIC SOLDERING IN ELECTRONICS ASSEMBLY MARKET LANDSCAPE
4.1 Market Overview
4.2 Asia Pacific PEST Analysis
4.3 Expert Opinions
5. ASIA PACIFIC SOLDERING IN ELECTRONICS ASSEMBLY MARKET - KEY MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growth of Electronic Industry
5.1.2 New Product Developments
5.2 Market Restraints
5.2.1 Increased Cost of Raw Materials
5.3 Market Opportunities
5.3.1 Increase in Miniaturization in Electronic Industry
5.4 Future Trends
5.4.1 Robotics in Soldering
5.5 Impact Analysis of Drivers and Restraints
6. SOLDERING IN ELECTRONICS ASSEMBLY MARKET - ASIA PACIFIC ANALYSIS
6.1 Asia Pacific Soldering in Electronics Assembly Market Overview
6.2 Asia Pacific Soldering in Electronics Assembly Market Revenue Forecast and Analysis
7. ASIA PACIFIC SOLDERING IN ELECTRONICS ASSEMBLY MARKET ANALYSIS - BY PRODUCT
7.1 Overview
7.2 Asia Pacific Soldering in Electronics Assembly Market, By Product (2022 and 2028)
7.3 Wire
7.3.1 Overview
7.3.2 Wire: Soldering in Electronics Assembly Market Revenue and Forecast To 2028 (US$ Million)
7.4 Paste
7.4.1 Overview
7.4.2 Paste: Soldering in Electronics Assembly Market Revenue and Forecast To 2028 (US$ Million)
7.5 Bar
7.5.1 Overview
7.5.2 Bar: Soldering in Electronics Assembly Market Revenue and Forecast To 2028 (US$ Million)
7.6 Flux
7.6.1 Overview
7.6.2 Flux: Soldering in Electronics Assembly Market Revenue and Forecast To 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Soldering in Electronics Assembly Market Revenue and Forecast To 2028 (US$ Million)
8. ASIA PACIFIC SOLDERING IN ELECTRONICS ASSEMBLY MARKET - COUNTRY ANALYSIS
8.1 Overview
8.1.1 Asia Pacific: Soldering in Electronics Assembly Market, by Key Country
8.1.1.1 Taiwan: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.1.1 Taiwan: Soldering in Electronics Assembly Market, By Product
8.1.1.2 China: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.2.1 China: Soldering in Electronics Assembly Market, By Product
8.1.1.3 India: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.3.1 India: Soldering in Electronics Assembly Market, By Product
8.1.1.4 Japan: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.4.1 Japan: Soldering in Electronics Assembly Market, By Product
8.1.1.5 South Korea: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.5.1 South Korea: Soldering in Electronics Assembly Market, By Product
8.1.1.6 Rest of Asia Pacific: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.6.1 Rest of Asia Pacific: Soldering in Electronics Assembly Market, By Product
9. INDUSTRY LANDSCAPE
9.1 Overview
9.2 Market Initiative
9.3 Product Development
9.4 Mergers & Acquisitions
10. COMPANY PROFILES
10.1 Lucas-Milhaupt Inc
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Fusion Inc
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Indium Corp
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 KOKI Co Ltd
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Superior Flux & Manufacturing Co
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 MacDermid Alpha Electronics Solutions
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 AIM Metals & Alloys LP
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
11. APPENDIX
11.1 About The Insight Partners
11.2 Word Index
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. ASIA PACIFIC SOLDERING IN ELECTRONICS ASSEMBLY MARKET LANDSCAPE
4.1 Market Overview
4.2 Asia Pacific PEST Analysis
4.3 Expert Opinions
5. ASIA PACIFIC SOLDERING IN ELECTRONICS ASSEMBLY MARKET - KEY MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growth of Electronic Industry
5.1.2 New Product Developments
5.2 Market Restraints
5.2.1 Increased Cost of Raw Materials
5.3 Market Opportunities
5.3.1 Increase in Miniaturization in Electronic Industry
5.4 Future Trends
5.4.1 Robotics in Soldering
5.5 Impact Analysis of Drivers and Restraints
6. SOLDERING IN ELECTRONICS ASSEMBLY MARKET - ASIA PACIFIC ANALYSIS
6.1 Asia Pacific Soldering in Electronics Assembly Market Overview
6.2 Asia Pacific Soldering in Electronics Assembly Market Revenue Forecast and Analysis
7. ASIA PACIFIC SOLDERING IN ELECTRONICS ASSEMBLY MARKET ANALYSIS - BY PRODUCT
7.1 Overview
7.2 Asia Pacific Soldering in Electronics Assembly Market, By Product (2022 and 2028)
7.3 Wire
7.3.1 Overview
7.3.2 Wire: Soldering in Electronics Assembly Market Revenue and Forecast To 2028 (US$ Million)
7.4 Paste
7.4.1 Overview
7.4.2 Paste: Soldering in Electronics Assembly Market Revenue and Forecast To 2028 (US$ Million)
7.5 Bar
7.5.1 Overview
7.5.2 Bar: Soldering in Electronics Assembly Market Revenue and Forecast To 2028 (US$ Million)
7.6 Flux
7.6.1 Overview
7.6.2 Flux: Soldering in Electronics Assembly Market Revenue and Forecast To 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Soldering in Electronics Assembly Market Revenue and Forecast To 2028 (US$ Million)
8. ASIA PACIFIC SOLDERING IN ELECTRONICS ASSEMBLY MARKET - COUNTRY ANALYSIS
8.1 Overview
8.1.1 Asia Pacific: Soldering in Electronics Assembly Market, by Key Country
8.1.1.1 Taiwan: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.1.1 Taiwan: Soldering in Electronics Assembly Market, By Product
8.1.1.2 China: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.2.1 China: Soldering in Electronics Assembly Market, By Product
8.1.1.3 India: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.3.1 India: Soldering in Electronics Assembly Market, By Product
8.1.1.4 Japan: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.4.1 Japan: Soldering in Electronics Assembly Market, By Product
8.1.1.5 South Korea: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.5.1 South Korea: Soldering in Electronics Assembly Market, By Product
8.1.1.6 Rest of Asia Pacific: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
8.1.1.6.1 Rest of Asia Pacific: Soldering in Electronics Assembly Market, By Product
9. INDUSTRY LANDSCAPE
9.1 Overview
9.2 Market Initiative
9.3 Product Development
9.4 Mergers & Acquisitions
10. COMPANY PROFILES
10.1 Lucas-Milhaupt Inc
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Fusion Inc
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Indium Corp
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 KOKI Co Ltd
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Superior Flux & Manufacturing Co
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 MacDermid Alpha Electronics Solutions
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 AIM Metals & Alloys LP
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
11. APPENDIX
11.1 About The Insight Partners
11.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Taiwan: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 3. China: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 4. India: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 5. Japan: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 6. South Korea: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of Asia Pacific: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 8. List of Abbreviation
Table 1. Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Taiwan: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 3. China: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 4. India: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 5. Japan: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 6. South Korea: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of Asia Pacific: Soldering in Electronics Assembly Market, By Product - Revenue and Forecast to 2028 (US$ Million)
Table 8. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Soldering in Electronics Assembly Market Segmentation
Figure 2. Asia Pacific Soldering in Electronics Assembly Market Segmentation - By Country
Figure 3. Asia Pacific Soldering in Electronics Assembly Market Overview
Figure 4. Asia Pacific Soldering in Electronics Assembly Market, by Product
Figure 5. Asia Pacific Soldering in Electronics Assembly Market, by Country
Figure 6. Asia Pacific - PEST Analysis
Figure 7. Asia Pacific Soldering in Electronics Assembly Market: Impact Analysis of Drivers and Restraints
Figure 8. Asia Pacific Soldering in Electronics Assembly Market Revenue Forecast and Analysis (US$ Million)
Figure 9. Asia Pacific Soldering in Electronics Assembly Market, By Product (2022 and 2028)
Figure 10. Wire: Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. Paste: Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Bar: Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Flux: Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others: Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia Pacific: Soldering in Electronics Assembly Market, by Key Country - Revenue (2022) (US$ ‘Million)
Figure 16. Asia Pacific: Soldering in Electronics Assembly Market Revenue Share, by Key Country (2022 & 2028)
Figure 17. Taiwan: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. China: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. India: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Japan: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. South Korea: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Rest of Asia Pacific: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
Figure 1. Asia Pacific Soldering in Electronics Assembly Market Segmentation
Figure 2. Asia Pacific Soldering in Electronics Assembly Market Segmentation - By Country
Figure 3. Asia Pacific Soldering in Electronics Assembly Market Overview
Figure 4. Asia Pacific Soldering in Electronics Assembly Market, by Product
Figure 5. Asia Pacific Soldering in Electronics Assembly Market, by Country
Figure 6. Asia Pacific - PEST Analysis
Figure 7. Asia Pacific Soldering in Electronics Assembly Market: Impact Analysis of Drivers and Restraints
Figure 8. Asia Pacific Soldering in Electronics Assembly Market Revenue Forecast and Analysis (US$ Million)
Figure 9. Asia Pacific Soldering in Electronics Assembly Market, By Product (2022 and 2028)
Figure 10. Wire: Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. Paste: Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Bar: Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Flux: Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others: Asia Pacific Soldering in Electronics Assembly Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia Pacific: Soldering in Electronics Assembly Market, by Key Country - Revenue (2022) (US$ ‘Million)
Figure 16. Asia Pacific: Soldering in Electronics Assembly Market Revenue Share, by Key Country (2022 & 2028)
Figure 17. Taiwan: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. China: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. India: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Japan: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. South Korea: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Rest of Asia Pacific: Soldering in Electronics Assembly Market - Revenue and Forecast to 2028 (US$ Million)
