| Product Code: ETC044419 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In 2024, Saudi Arabia`s soldering equipment market experienced a notable increase in imports. This trend reflected the growing demand for advanced electronic manufacturing solutions in the country. The rise in imports indicated a shift towards adopting more sophisticated soldering technologies in the local market.
The Saudi Arabia soldering equipment market is expected to register a CAGR of 4.8% during the forecast period, 2025-2031. The major factors driving the growth of this market are growing demand for consumer electronics, increasing investment in renewable energy and technological advancements. However, environmental concerns regarding toxic fumes and high cost associated with these equipments restrain the growth of this market.
Increasing development in consumer electronics industry is propelling the growth of soldering equipment market. In addition to that, constantly decreasing prices as well as increased availability of semiconductor components owing to advanced technologies have further resulted in a surge in demand for electrical products including televisions, smartphones and computers among others; all such devices require reliable permanent connections made by using solder joints which are created by using various types of soldering equipments such as wave solders, manual/automatic selective solderers etc., thus boosting its sales. Increasing Investment in Renewable Energy: Governments across countries have been focusing on developing new renewable energy sources owing to rising global warming issues which has subsequently led to huge investments being made towards research & development activities for solar power projects; along with other components used within solar modules like ribbon wires also require electronic systems such as connectors or pins etc., which need joining via welding process thereby fuelling up the sale of various types of welding equipments including those related to slodering processes too; hence contributing significantly towards its overall sales volume over recent years on an annual basis.
Low consumer awareness about soldering equipment in Saudi Arabia, and Lack of skilled and trained personnel in the local labor force to use this sophisticated equipment leading to higher cost overheads for companies operating in the country due to additional training costs.
The COVID-19 pandemic has had an immense impact on almost every sector of industry, including that of soldering equipment markets in Saudi Arabia as well as other countries around the world. The disruption caused by lockdowns and travel restrictions has caused a significant decrease in orders placed by customers, leading many major players such as Panasonic Electric Works Co., Ltd., Kester Inc., Tokyo Seimitsu Co., Ltd., etc.,to reduce production capacities and even temporarily shut down their plants across various regions including China, Japan and Europe among others ?? all having direct implications on global availability levels coupled with supply chain disruptions further contributing towards increased lead times and delivery delays creating friction between buyers & sellers alike.
Major players dominating the industry include Panasonic Electric Works Co., Ltd (Japan), Kester Inc (USA), Tokyo Seimitsu Co., Ltd (Japan), Weller Tools GmbH (Germany), Apollo Solder Technology Corporation(Taiwan) , Desco Industries Inc.(USA).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Soldering Equipment Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Soldering Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Soldering Equipment Market - Industry Life Cycle |
3.4 Saudi Arabia Soldering Equipment Market - Porter's Five Forces |
3.5 Saudi Arabia Soldering Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Soldering Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Soldering Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the electronics manufacturing industry in Saudi Arabia |
4.2.2 Increasing adoption of automation in manufacturing processes |
4.2.3 Technological advancements in soldering equipment |
4.2.4 Government initiatives to promote local manufacturing |
4.2.5 Rising demand for consumer electronics in the region |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from global soldering equipment manufacturers |
4.3.3 Lack of skilled labor in operating advanced soldering equipment |
4.3.4 Regulatory challenges related to environmental and safety standards |
4.3.5 Economic uncertainty impacting investments in manufacturing sector |
5 Saudi Arabia Soldering Equipment Market Trends |
6 Saudi Arabia Soldering Equipment Market, By Types |
6.1 Saudi Arabia Soldering Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Soldering Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Soldering Equipment Market Revenues & Volume, By Reflow Soldering, 2021-2031F |
6.1.4 Saudi Arabia Soldering Equipment Market Revenues & Volume, By Induction Soldering, 2021-2031F |
6.1.5 Saudi Arabia Soldering Equipment Market Revenues & Volume, By Hot-Bar Reflow, 2021-2031F |
6.1.6 Saudi Arabia Soldering Equipment Market Revenues & Volume, By Laser Soldering, 2021-2031F |
6.1.7 Saudi Arabia Soldering Equipment Market Revenues & Volume, By Mechanical and Aluminum Soldering, 2021-2031F |
6.2 Saudi Arabia Soldering Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Soldering Equipment Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.3 Saudi Arabia Soldering Equipment Market Revenues & Volume, By Networking & Communication, 2021-2031F |
6.2.4 Saudi Arabia Soldering Equipment Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Saudi Arabia Soldering Equipment Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.6 Saudi Arabia Soldering Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Soldering Equipment Market Import-Export Trade Statistics |
7.1 Saudi Arabia Soldering Equipment Market Export to Major Countries |
7.2 Saudi Arabia Soldering Equipment Market Imports from Major Countries |
8 Saudi Arabia Soldering Equipment Market Key Performance Indicators |
8.1 Percentage increase in the adoption rate of automated soldering equipment |
8.2 Average time taken for training new operators on advanced soldering equipment |
8.3 Number of government contracts awarded for promoting local manufacturing using soldering equipment |
8.4 Percentage reduction in defects or rework in soldering processes |
8.5 Average energy consumption per unit of soldered product |
9 Saudi Arabia Soldering Equipment Market - Opportunity Assessment |
9.1 Saudi Arabia Soldering Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Soldering Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Soldering Equipment Market - Competitive Landscape |
10.1 Saudi Arabia Soldering Equipment Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Soldering Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |