Laser Soldering Robots Market Size, Share, Growth and Industry Analysis by Type (Floor Type, And, Table Type), By Application (Consumer Electronics, Appliances Electronics, Automotive Electronics, And, Others) Regional Forecast By 2031

Laser Soldering Robots Market Report Overview

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The global laser soldering robots market size is anticipated to be worth USD 97.9 million in 2022 & the market is projected to touch USD 353.35 million in 2031 with a CAGR of 14.0% during the forecast period. 

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Laser soldering robots help in carrying out laser soldering which is primarily a process of non-contact. With the help of this method risks of damaging very minute components can be minimized. Robots are programmed in such a way that they have the capacity to produce micro-sized laser beams.

Optical technology is a new technology that has been integrated in the robots. These robots are widely used in several sectors like automobiles, machinery, defense, consumer electronics, and, automotive electronics. Electrically stable connections can also be created with the assistance of laser soldering. The above-mentioned factors are propelling the laser soldering robots market growth.

COVID-19 Impact: Shutdown of Industries During Pandemic Decreased Market Share

The pandemic of COVID-19 caused a serious disruption in the functioning of several industries. The major reason for the shutdown of all the factories was lockdowns. The spreading of coronavirus at a very rapid rate led to the shutdown of many industries.

Laser soldering robots are used in many commercial sectors for producing micro-sized beams. However, due to strict social distancing norms most of the industries had to either stop operating or they had to operate at half of their capacity. Skilled workforce was not readily available. Disruption in supply of logistics and raw materials were the major factors that restrained the growth and development of the market during pandemic.

LATEST TRENDS

"Incorporation of Advanced Optical Technology to Increase Market Growth"

A new trend that has recently been witnessed in the market is usage of advanced optical technology. Sometimes robots and machines will have to handle very tiny particles or components. While doing so such delicate parts might get damaged. Therefore, robots are programmed to give out laser sized beams which are of micro in size. These beams are helpful in soldering iron tips that are extremely small.

Using optical technology can help in giving the right solution for soldering parts that are either very narrow or micro. Such parts are mainly used in electronic equipments that are very dense. Desktop laser soldering robots are also newly introduced in the market. All of these are identified as the latest trend in the market.

Laser Soldering Robots Market Segmentation

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• By Type:

The market can be divided on the basis of devices into the following segments:

Floor type, and, table type. The floor type segment is anticipated to dominate the market during the forecast period.

• By Application:

Based on application, the market share is bifurcated into the following segments:

Consumer electronics, appliances electronics, automotive electronics, and, others. The consumer electronics segment is expected to dominate the market during the forecast period.

DRIVING FACTORS

"Wide Application of Laser Soldering Robots to Amplify Market Growth"

As these robots are widely used in several sectors, they have high demand all over. Some of the sectors where they are used are automobiles, machinery, defense, consumer electronics, automotive electronics, and appliance electronics. All of these sectors work with intricate particles and usage of laser soldering robots becomes a necessary.

The procedure of laser soldering is completely dependent on the type and material of the solder. Laser irradiation is performed for certain types of solder wire. They have the capability for extremely fine soldering. Air jets are also installed into these robots as they are very helpful in removing flux. All of these factors have helped in driving the laser soldering robots market share.

"Controlled Heating Provided by Soldering Robots to Impede Market Growth"

Laser robots help in focusing a beam of laser on particular area which is hard to reach. With the help of laser, they perform controlled heating technique. While this is performed, there is a transfer of energy to the particular soldering location. The, major use of a soldering robot is to eliminate any kind of mechanical contact.

Electrically stable connections can also be created with the assistance of laser soldering. The materials that have to be used are brought into contact of moisture. Once they are wet, they get solidified. When laser soldering is employed there the shape and location of heating areas can be very easily controlled. Other components are not damaged due to heat as laser soldering robots are very efficient in precisely locating the area that has to be soldered. The thermal effect on the surroundings is very less.  All of these are propelling the market growth.

RESTRAINING FACTOR

"Requirement of Precise Calibration While performing Soldering to Bring Down Market Share"

One of the major drawbacks of using laser robots is that there must be precise calibrations while performing the procedure of soldering. Without proper allocation of points it becomes highly difficult to carry out soldering. This can become a prominent disadvantage.

Without precision, the quality of soldering will get affected. The cost involved in this procedure is also high. Setting up laser soldering requires huge investments. When compared to traditional systems the cost can sometimes be double. All of these factors can hamper the market growth.

Laser Soldering Robots Market Regional Insights

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"Asia Pacific to Dominate Market Share During Forecast Period "

Asia Pacific dominates the market during the research period. The country that contributes to majority of the market share in Asia Pacific is China. It is one of the largest laser soldering robots markets occupying more than one-fourth of the market share. Many factors have helped in the development of the market.

The rapid growth of consumer electronics and automotive electronics in many countries of Asia Pacific has fueled the development of the market. Soldering is also majorly used in construction sector. Usage of laser will also decrease the thermal impact on the surroundings.

Key Industry Players

"Leading Players adopt Acquisition Strategies to Stay Competitive "

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

LIST OF TOP LASER SOLDERING ROBOTS COMPANIES

• Anewbest (U.S.)
• Huahan Laser (China)
• Quick (Belgium)
• Ruize Technology (China)
• Japan Unix (Japan)
• Flex Robot (Singapore)
• Laeing Laser (U.S.)
• VI Laser (Switzerland)
• LMT Laser (U.S.)
• Apollo Seiko (U.S.)
• Wuhan Boliante (China)

Report Coverage

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations and dynamics.