Global Reflow Soldering System Market Revenue Reached $1077 Million in 2023

The reflow soldering system is mainly used to solder electronic components onto PCB boards, and it is a key link in the SMT (Surface Mount Technology) process. The reflow soldering system mainly includes two parts: a conveying device and a heating device. The conveying device is responsible for transferring the PCB board to the heating device, and the heating device is responsible for melting the solder and then soldering electronic components together with the PCB board.
Overview of Market Development and Analysis of Segmented Markets
According to our research data, the total revenue of the global reflow soldering system market in 2023 was $1077 million. From the perspective of market trends, the global reflow soldering system market will continue to maintain stable growth in the coming years. On the one hand, with the continuous development of electronic products towards lightweight and miniaturization, the application range of reflow soldering systems will become increasingly broad; On the other hand, with the continuous upgrading of the manufacturing industry, enterprises have increasingly high requirements for the performance and stability of reflow soldering systems, which will promote the continuous technological upgrading and innovation of reflow soldering systems. It is expected that the global reflow soldering system will increase to $1201 million by 2025.
From the perspective of product types, reflow soldering systems can be divided into convection reflow soldering systems and condensation reflow soldering systems based on the different reflow methods. Among them, the convection reflow soldering system occupies a dominant position in the market. According to our research data, the global revenue of the reflow soldering system segment in 2023 was $687 million, with a revenue share of 63.84%.
From the perspective of downstream applications, the application of reflow soldering systems mainly involves consumer electronics, automotive electronics, and communication fields. Among them, the consumer electronics sector is the largest downstream application market for reflow soldering systems.

Global Reflow Soldering System Market Revenue Forecast and Market Segment Analysis 

Global Reflow Soldering System Market Revenue Forecast and Market Segment Analysis

Source: www.globalmarketmonitor.com

From a regional perspective, the Asia Pacific region was the industry's largest revenue market. According to our data, the revenue of the reflow soldering system market in the Asia Pacific region in 2023 was $489 million, accounting for 45.38% of the global total revenue; North America and Europe became the second and largest markets in the global reflow soldering system industry with revenue shares of 25.61% and 21.26%, respectively; The markets in Central and South America, the Middle East, and Africa were relatively small, with revenue shares below 5%.

Global Reflow Soldering System Market Revenue and Share by Region in 2023

Regions

Market Revenue (Million USD)

Share

North America

276

25.61%

Europe

228

21.26%

Asia Pacific

489

45.38%

Central & South America

44

4.11%

Middle East & Africa

40

3.73%

Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "China Reflow Soldering System Industry Market Research Report 2023-2029".

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