Electric Soldering Iron Gun Market in Good Shape in 2019; COVID-19 to Affect Future Growth Trajectory 20202030 July 2020
Report Id : REP-GB-11955
Status : Ongoing www.futuremarketinsights.com I
Category : Retail and Consumer Products /company/future-market-insights
@futuremarketins I
Š 2019 Future Market Insights, AllI Rights/company/future-market-insights Reserved www.futuremarketinsights.com I @futuremarketins
About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client.
Research Capabilities
Customized Research Syndicated Research
Customized Research Syndicated Research Investment Research Social Media Research
Sector Coverage
Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment
Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas
Subscription Information
For detailed subscription information please contact
Investment Research
Hari. T (Sr. Manager - Global Business Development)
Social Media Research
Email: hari.t@futuremarketinsights.com
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268
www.futuremarketinsights.com I
@futuremarketins I
/company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
2
Research Methodology (1/2) Systematic Research Approach 1 Market profiling
2 Formulating discussion guide
3 Developing list of respondents
4 Data collection
5
Data validation
6
Data analysis
Insights
7
In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. FMI formulates a detailed discussion guide to conduct expert and industry interviews FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts FMI conducts interviews with industry experts, industry players, distributors and retailers Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry FMI delivers industry insights and information in the required format (PDF)
Data Collection
Research & Intelligence
Data Filter & Analysis
Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain
Actionable Insights
A Primary Research
SOLUTION
Market participants
Key strengths
Product portfolio
Mapping as per value chain
Key focus segments
Key industry experts
Channel study
B
Developments
Desk Research
Market dynamics
Products
Conclusions
C Company Analysis
Primary Research #
Business Solution
Linkedin Zoominfo Salesforce Avention
Secondary Research #
Company websites Company annual reports White papers Financial reports
Paid Publications#
Factiva GBI Genios Meltwater
# includes sources of databases
www.futuremarketinsights.com I
@futuremarketins I
/company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
3
Electric Soldering Iron Gun Market Analysis Almost every electronic device used today has a PCB (printed circuit board) and the components of PCBs are attached using a soldering technique. For assembling and repairing of PCBs, the need for proper soldering of joints is necessary for the efficient working of electronic devices, and therefore, due to this factor, the demand for electric soldering iron gun is rising. The adoption of electric soldering iron gun is increasing in various industries including aerospace, automotive, manufacturing, construction, and medical due to the growing electrification and adoption of advanced electronic equipment in these industries. The ever-growing demand for high performance, low power, and highly integrated wireless devices for wide range of applications and growing deployment of automation systems in industries is creating potential growth opportunities for the electric soldering iron gun market. Moreover, manufacturers around the world are focusing on adopting electric soldering iron guns for the quick and effective soldering process and to overcome the downsides of hand soldering www.futuremarketinsights.com I
@futuremarketins I
/company/future-market-insights
Š 2019 Future Market Insights, All Rights Reserved
4
Electric Soldering Iron Gun Market Analysis Electric Soldering Iron Gun Market: Market Dynamics The continuous growth in demand of IoT devices, smart grids, and wireless devices along with the ongoing developments in the industrial automation sector are the key factors driving the growth of electric soldering iron gun market.
Moreover, the rapid growth in electric vehicles, rising industrialization, and increasing penetration of multi-functionality electronic equipment in industries are propelling the growth of electric soldering iron gun market. Furthermore, the increasing demand for automated soldering equipment is generating the potential growth opportunities for the electric soldering iron gun market. Apart from this, the growing investments in expanding manufacturing and fabrication activities, especially in the construction, automotive, oil & gas Download Methodology of this Report @ https://www.futuremarketinsights.com/askus/rep-gb-11955 www.futuremarketinsights.com I
@futuremarketins I
/company/future-market-insights
Š 2019 Future Market Insights, All Rights Reserved
5
Electric Soldering Iron Gun Market Analysis Impact of COVID-19 on Electric Soldering Iron Gun Market Future Market Insights is constantly monitoring the impact of COVID-19 on the world economy. The electronics and semiconductor industry is expected to be some of the hardest hit sector by the COVID-19.
As Asia Pacific accounted for largest share in the global semiconductor and electronics market, the disruption in this region amid COVID-19 outbreak is likely to have a significant impact on companies across the globe and up and down the electronics value chain. The COVID-19 pandemic has brought disruptions in slowing down the supply chain and the fall in business confidence and efforts towards the innovation. In addition, various manufacturing hubs were temporarily idled to contain COVID-19’s spread which has a huge impact across the electronics value chain, from materials to final products. Owing to these factors, the growth of electric soldering iron gun market is expected to contract in first three quarters of 2020, due to tumbling production and shutdown of manufacturing facilities across the globe. www.futuremarketinsights.com I
@futuremarketins I
/company/future-market-insights
Š 2019 Future Market Insights, All Rights Reserved
6
Electric Soldering Iron Gun Market Analysis Owing to these factors, the growth of electric soldering iron gun market is expected to contract in first three quarters of 2020, due to tumbling production and shutdown of manufacturing facilities across the globe.
However, according to estimates, if the COVID-19 pandemic situation gets controlled during Q4, 2020, the electric soldering iron gun market is expected to recover soon and is projected return to growth by Q4, 2021. Furthermore, despite the growing uncertainty and panic, the investments towards wireless and automated devices is expected to create potential growth opportunities for electric soldering iron gun market and thus, the long-term outlook remains positive for electric soldering iron gun market.
Electric Soldering Iron Gun Market: Competition Landscape Most of the leading players in the electric soldering iron gun market are focusing on entering into collaborations and partnerships with local and regional distributors and resellers to enhance their market presence and customer base.
So on‌ www.futuremarketinsights.com I
@futuremarketins I
/company/future-market-insights
Š 2019 Future Market Insights, All Rights Reserved
7
Electric Soldering Iron Gun Market Analysis Electric Soldering Iron Gun Market: Segmentation The electric soldering iron gun market has been segmented on the basis of end use industry.
By End Use Industry • Automotive • Consumer Electronics • Medical
• Manufacturing • Aerospace & Defense
Click here to Order a free sample
• Construction
• Others
For more insights on the ASEAN Automotive Aftermarket, you can request a report sample with full TOC www.futuremarketinsights.com I
@futuremarketins I
/company/future-market-insights
© 2019 Future Market Insights, All Rights Reserved
8
To know more about us, please visit our website:
www.futuremarketinsights.com For sales queries or new topics email us on:
sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com
Thank You Future Market Insights Global & Consulting Private Limited (FMI) www.futuremarketinsights.com I
@futuremarketins I
/company/future-market-insights
Š 2019 Future Market Insights, All Rights Reserved
9