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Convection Rework Handheld & Systems-Global Market Insights and Sales Trends 2024

Convection Rework Handheld & Systems-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1815513

No of Pages : 107

Synopsis
The global Convection Rework Handheld & Systems market size is expected to reach US$ 49 million by 2029, growing at a CAGR of -3.0% from 2023 to 2029. The market is mainly driven by the significant applications of Convection Rework Handheld & Systems in various end use industries. The expanding demands from the Consumer Electronics, Electrical Communication, Automotive Electronics and Scientific Research, are propelling Convection Rework Handheld & Systems market. Optical Alignment, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Non-optical Alignment segment is estimated at % CAGR for the next seven-year period.
The Convection Rework Handheld & Systems market, which involves equipment used for reworking and soldering electronic components, is influenced by several drivers and restrictions. These factors impact the growth and development of the market. Here are some key drivers and restrictions affecting the Convection Rework Handheld & Systems market:

Drivers:

Electronics Industry Growth: The expansion of the electronics manufacturing industry, including consumer electronics, automotive electronics, and aerospace electronics, drives the demand for convection rework equipment.

Miniaturization of Electronics: The trend toward smaller and more densely packed electronic components necessitates precise and efficient rework solutions, boosting the market for convection rework systems.

Advancements in Surface Mount Technology (SMT): The adoption of SMT components and printed circuit boards (PCBs) with smaller form factors increases the need for convection rework equipment for component installation and removal.

Lead-Free Soldering: The shift toward lead-free soldering materials, which require higher temperatures and precise control, drives the adoption of convection rework systems.

Repair and Refurbishment: The growing market for electronic repair and refurbishment services, including mobile phone repair and computer maintenance, increases the demand for handheld and benchtop convection rework tools.

Increased Component Complexity: The complexity of electronic components, including Ball Grid Arrays (BGAs) and Quad Flat Packages (QFPs), necessitates precise rework solutions, which convection rework systems can provide.

Environmental Regulations: Environmental regulations and directives require the use of lead-free solder and environmentally friendly processes, which are facilitated by convection rework systems.

Advanced Heating Technologies: The development of advanced heating technologies, such as infrared and hot air reflow, improves the performance and efficiency of convection rework systems.

Restrictions:

Cost: High-quality convection rework systems and handheld tools can be expensive, potentially limiting adoption, especially for small and medium-sized businesses.

Skills and Training: Operating convection rework equipment requires specialized skills and training, and a shortage of skilled technicians can be a restriction.

Component Sensitivity: Delicate electronic components can be sensitive to temperature and may be damaged during rework if not handled properly, posing a risk.

Complexity: The complexity of reworking advanced packages like BGAs and chip-scale packages (CSPs) can be challenging, and not all technicians may be equipped to handle such complexity.

Technological Obsolescence: Rapid advancements in technology may render older convection rework systems and handheld tools obsolete, requiring regular updates and investments.

Safety Concerns: The use of high temperatures and potentially hazardous materials in rework processes requires strict safety measures and precautions.

Regulatory Compliance: Compliance with regulations, such as RoHS (Restriction of Hazardous Substances) and WEEE (Waste Electrical and Electronic Equipment), can be challenging and impact the use of certain materials and processes.

Market Competition: The market for convection rework equipment is competitive, with various manufacturers offering a range of solutions, leading to price pressures and product differentiation challenges.

Overall, the Convection Rework Handheld & Systems market plays a crucial role in the electronics manufacturing and repair industries. While cost, skills, and safety concerns exist, the need for precise and efficient rework solutions in the ever-evolving electronics sector is expected to drive continued growth and innovation in this market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Convection Rework Handheld & Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Convection Rework Handheld & Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Convection Rework Handheld & Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Convection Rework Handheld & Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Convection Rework Handheld & Systems covered in this report include OK International, Den-On Instruments, Finetech, Ersa, VJE, Advanced Techniques, Air-vac, Seamark and Dinghua, etc.
The global Convection Rework Handheld & Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
OK International
Den-On Instruments
Finetech
Ersa
VJE
Advanced Techniques
Air-vac
Seamark
Dinghua
Shenzhen Shuttle
Atten
Gmax
Global Convection Rework Handheld & Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Convection Rework Handheld & Systems market, Segment by Type:
Optical Alignment
Non-optical Alignment
Global Convection Rework Handheld & Systems market, by Application
Consumer Electronics
Electrical Communication
Automotive Electronics
Scientific Research
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Convection Rework Handheld & Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Convection Rework Handheld & Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Convection Rework Handheld & Systems Market Overview
1.1 Convection Rework Handheld & Systems Product Overview
1.2 Convection Rework Handheld & Systems Market Segment by Type
1.2.1 Optical Alignment
1.2.2 Non-optical Alignment
1.3 Global Convection Rework Handheld & Systems Market Size by Type
1.3.1 Global Convection Rework Handheld & Systems Market Size Overview by Type (2018-2029)
1.3.2 Global Convection Rework Handheld & Systems Historic Market Size Review by Type (2018-2023)
1.3.3 Global Convection Rework Handheld & Systems Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Convection Rework Handheld & Systems Sales Breakdown by Type (2018-2023)
1.4.2 Europe Convection Rework Handheld & Systems Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Convection Rework Handheld & Systems Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Convection Rework Handheld & Systems Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Convection Rework Handheld & Systems Sales Breakdown by Type (2018-2023)
2 Global Convection Rework Handheld & Systems Market Competition by Company
2.1 Global Top Players by Convection Rework Handheld & Systems Sales (2018-2023)
2.2 Global Top Players by Convection Rework Handheld & Systems Revenue (2018-2023)
2.3 Global Top Players by Convection Rework Handheld & Systems Price (2018-2023)
2.4 Global Top Manufacturers Convection Rework Handheld & Systems Manufacturing Base Distribution, Sales Area, Product Type
2.5 Convection Rework Handheld & Systems Market Competitive Situation and Trends
2.5.1 Convection Rework Handheld & Systems Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Convection Rework Handheld & Systems Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Convection Rework Handheld & Systems as of 2022)
2.7 Date of Key Manufacturers Enter into Convection Rework Handheld & Systems Market
2.8 Key Manufacturers Convection Rework Handheld & Systems Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Convection Rework Handheld & Systems Status and Outlook by Region
3.1 Global Convection Rework Handheld & Systems Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Convection Rework Handheld & Systems Historic Market Size by Region
3.2.1 Global Convection Rework Handheld & Systems Sales in Volume by Region (2018-2023)
3.2.2 Global Convection Rework Handheld & Systems Sales in Value by Region (2018-2023)
3.2.3 Global Convection Rework Handheld & Systems Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Convection Rework Handheld & Systems Forecasted Market Size by Region
3.3.1 Global Convection Rework Handheld & Systems Sales in Volume by Region (2024-2029)
3.3.2 Global Convection Rework Handheld & Systems Sales in Value by Region (2024-2029)
3.3.3 Global Convection Rework Handheld & Systems Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Convection Rework Handheld & Systems by Application
4.1 Convection Rework Handheld & Systems Market Segment by Application
4.1.1 Consumer Electronics
4.1.2 Electrical Communication
4.1.3 Automotive Electronics
4.1.4 Scientific Research
4.1.5 Others
4.2 Global Convection Rework Handheld & Systems Market Size by Application
4.2.1 Global Convection Rework Handheld & Systems Market Size Overview by Application (2018-2029)
4.2.2 Global Convection Rework Handheld & Systems Historic Market Size Review by Application (2018-2023)
4.2.3 Global Convection Rework Handheld & Systems Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Convection Rework Handheld & Systems Sales Breakdown by Application (2018-2023)
4.3.2 Europe Convection Rework Handheld & Systems Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Convection Rework Handheld & Systems Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Convection Rework Handheld & Systems Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Convection Rework Handheld & Systems Sales Breakdown by Application (2018-2023)
5 North America Convection Rework Handheld & Systems by Country
5.1 North America Convection Rework Handheld & Systems Historic Market Size by Country
5.1.1 North America Convection Rework Handheld & Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Convection Rework Handheld & Systems Sales in Volume by Country (2018-2023)
5.1.3 North America Convection Rework Handheld & Systems Sales in Value by Country (2018-2023)
5.2 North America Convection Rework Handheld & Systems Forecasted Market Size by Country
5.2.1 North America Convection Rework Handheld & Systems Sales in Volume by Country (2024-2029)
5.2.2 North America Convection Rework Handheld & Systems Sales in Value by Country (2024-2029)
6 Europe Convection Rework Handheld & Systems by Country
6.1 Europe Convection Rework Handheld & Systems Historic Market Size by Country
6.1.1 Europe Convection Rework Handheld & Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Convection Rework Handheld & Systems Sales in Volume by Country (2018-2023)
6.1.3 Europe Convection Rework Handheld & Systems Sales in Value by Country (2018-2023)
6.2 Europe Convection Rework Handheld & Systems Forecasted Market Size by Country
6.2.1 Europe Convection Rework Handheld & Systems Sales in Volume by Country (2024-2029)
6.2.2 Europe Convection Rework Handheld & Systems Sales in Value by Country (2024-2029)
7 Asia-Pacific Convection Rework Handheld & Systems by Region
7.1 Asia-Pacific Convection Rework Handheld & Systems Historic Market Size by Region
7.1.1 Asia-Pacific Convection Rework Handheld & Systems Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Convection Rework Handheld & Systems Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Convection Rework Handheld & Systems Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Convection Rework Handheld & Systems Forecasted Market Size by Region
7.2.1 Asia-Pacific Convection Rework Handheld & Systems Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Convection Rework Handheld & Systems Sales in Value by Region (2024-2029)
8 Latin America Convection Rework Handheld & Systems by Country
8.1 Latin America Convection Rework Handheld & Systems Historic Market Size by Country
8.1.1 Latin America Convection Rework Handheld & Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Convection Rework Handheld & Systems Sales in Volume by Country (2018-2023)
8.1.3 Latin America Convection Rework Handheld & Systems Sales in Value by Country (2018-2023)
8.2 Latin America Convection Rework Handheld & Systems Forecasted Market Size by Country
8.2.1 Latin America Convection Rework Handheld & Systems Sales in Volume by Country (2024-2029)
8.2.2 Latin America Convection Rework Handheld & Systems Sales in Value by Country (2024-2029)
9 Middle East and Africa Convection Rework Handheld & Systems by Country
9.1 Middle East and Africa Convection Rework Handheld & Systems Historic Market Size by Country
9.1.1 Middle East and Africa Convection Rework Handheld & Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Convection Rework Handheld & Systems Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Convection Rework Handheld & Systems Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Convection Rework Handheld & Systems Forecasted Market Size by Country
9.2.1 Middle East and Africa Convection Rework Handheld & Systems Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Convection Rework Handheld & Systems Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 OK International
10.1.1 OK International Company Information
10.1.2 OK International Introduction and Business Overview
10.1.3 OK International Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.1.4 OK International Convection Rework Handheld & Systems Products Offered
10.1.5 OK International Recent Development
10.2 Den-On Instruments
10.2.1 Den-On Instruments Company Information
10.2.2 Den-On Instruments Introduction and Business Overview
10.2.3 Den-On Instruments Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Den-On Instruments Convection Rework Handheld & Systems Products Offered
10.2.5 Den-On Instruments Recent Development
10.3 Finetech
10.3.1 Finetech Company Information
10.3.2 Finetech Introduction and Business Overview
10.3.3 Finetech Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Finetech Convection Rework Handheld & Systems Products Offered
10.3.5 Finetech Recent Development
10.4 Ersa
10.4.1 Ersa Company Information
10.4.2 Ersa Introduction and Business Overview
10.4.3 Ersa Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Ersa Convection Rework Handheld & Systems Products Offered
10.4.5 Ersa Recent Development
10.5 VJE
10.5.1 VJE Company Information
10.5.2 VJE Introduction and Business Overview
10.5.3 VJE Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.5.4 VJE Convection Rework Handheld & Systems Products Offered
10.5.5 VJE Recent Development
10.6 Advanced Techniques
10.6.1 Advanced Techniques Company Information
10.6.2 Advanced Techniques Introduction and Business Overview
10.6.3 Advanced Techniques Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Advanced Techniques Convection Rework Handheld & Systems Products Offered
10.6.5 Advanced Techniques Recent Development
10.7 Air-vac
10.7.1 Air-vac Company Information
10.7.2 Air-vac Introduction and Business Overview
10.7.3 Air-vac Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Air-vac Convection Rework Handheld & Systems Products Offered
10.7.5 Air-vac Recent Development
10.8 Seamark
10.8.1 Seamark Company Information
10.8.2 Seamark Introduction and Business Overview
10.8.3 Seamark Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Seamark Convection Rework Handheld & Systems Products Offered
10.8.5 Seamark Recent Development
10.9 Dinghua
10.9.1 Dinghua Company Information
10.9.2 Dinghua Introduction and Business Overview
10.9.3 Dinghua Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Dinghua Convection Rework Handheld & Systems Products Offered
10.9.5 Dinghua Recent Development
10.10 Shenzhen Shuttle
10.10.1 Shenzhen Shuttle Company Information
10.10.2 Shenzhen Shuttle Introduction and Business Overview
10.10.3 Shenzhen Shuttle Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Shenzhen Shuttle Convection Rework Handheld & Systems Products Offered
10.10.5 Shenzhen Shuttle Recent Development
10.11 Atten
10.11.1 Atten Company Information
10.11.2 Atten Introduction and Business Overview
10.11.3 Atten Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Atten Convection Rework Handheld & Systems Products Offered
10.11.5 Atten Recent Development
10.12 Gmax
10.12.1 Gmax Company Information
10.12.2 Gmax Introduction and Business Overview
10.12.3 Gmax Convection Rework Handheld & Systems Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Gmax Convection Rework Handheld & Systems Products Offered
10.12.5 Gmax Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Convection Rework Handheld & Systems Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Convection Rework Handheld & Systems Industrial Chain Analysis
11.4 Convection Rework Handheld & Systems Market Dynamics
11.4.1 Convection Rework Handheld & Systems Industry Trends
11.4.2 Convection Rework Handheld & Systems Market Drivers
11.4.3 Convection Rework Handheld & Systems Market Challenges
11.4.4 Convection Rework Handheld & Systems Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Convection Rework Handheld & Systems Distributors
12.3 Convection Rework Handheld & Systems Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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