Middle East and Africa Solder Materials Market Forecast to 2030 - COVID-19 Impact and Regional Analysis By Product (Wire, Paste, Bar, Flux, and Others), and Process (Screen-printing, Robotic, Laser, Wave/Reflow)
Middle East and Africa Solder Materials Market Forecast to 2030 – COVID-19 Impact and Analysis - by Product (Wire, Paste, Bar, Flux, and Others), and Process (Screen-printing, Robotic, Laser, Wave/Reflow)
Number of Pages: 69
Market Introduction
The Middle East & Africa region includes countries such as South Africa, Saudi Arabia, the UAE, and the rest of MEA. The solder materials are highly preferred in these regions. The electronics industry in the MEA is considered to be one of the fastest-growing sectors. The MEA is an evolving market for electronics owing to the increased demand for smart electronics products in the region. The market for MEA is experiencing rapid development with the growth of markets such as Dubai, Abu Dhabi, and Iran. These markets are expected to expand and stimulate the demand for solder materials. The demand for solder materials in the printed circuit boards is another reason that has been contributing to the expansion of the solder materials market in this region. New investment and better marketing strategies have led to the capture of market share in the MEA region. The market is highly dominated by the use of solder materials in the electronics industry, but with the growth of the market, the demand for solder materials as a PCB solder is also increasing.
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Market Overview and Dynamics
The solder materials market in MEA is expected to grow from US$ 72.42 million in 2019 to US$ 99.23 million by 2030; it is estimated to grow at a CAGR of 3.0% from 2020 to 2030. Solder is basically a fusible metal alloy utilized to create a permanent bond between metal work pieces. Solder is melted in order to adhere to as well as connect the pieces together after cooling, which further requires that an alloy suitable for use as solder with a lower melting point than the pieces being joined. Over the years, an increase in spending toward R&D activities related to solder materials has been initiated by several research institutions, centers, and industries. Further, research on such materials is gaining momentum, which is attributable to their properties, such as toughness along with ductility, better strength, and high electrical conductivity, making them ideal for diversified industrial applications. The market for solder materials embarks numerous opportunities, and, therefore, manufacturers are continuously looking forward to aligning the use of these materials with different application bases. These continuous R&D initiatives is bolstering the growth of the MEA solder materials market.
COVID 19 pandemic has hampered the growth of the MEA solder materials market. Saudi Arabia has the largest COVID-19 cases in the Middle East and Africa region, and is followed by South Africa and UAE, among others. UAE was the first country in Middle East and Africa to report a confirmed case of COVID-19.
Key Market Segments
In terms of product, the wire segment accounted for the largest share of the MEA solder materials market in 2019. In terms of process, the wave/reflow segment held a larger market share of MEA solder materials market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the MEA solder materials market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Fusion Incorporated, Indium Corporation, Kester, KOKI Company Ltd., and Stannol GmbH & Co. KG.
Reasons to buy report
- To understand the MEA solder materials market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA solder materials market
- Efficiently plan M&A and partnership deals in MEA solder materials market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA solder materials market
- Obtain market revenue forecast for market by various segments from 2020-2027 in MEA region.
MEA SOLDER MATERIALS MARKET SEGMENTATION
MEA solder materials market, by Product
- Wire
- Paste
- Bar
- Flux
- Others
MEA solder materials market, by Process
- Screen-Printing
- Robotic
- Laser
- Wave/Reflow
MEA solder materials market – By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
Company Profiles
- Fusion Incorporated
- Indium Corporation
- Kester
- KOKI Company Ltd
- Stannol GmbH & Co. KG.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Solder materials Market, by Product
1.3.2 MEA Solder materials Market, by Process
1.3.3 MEA Solder materials Market – By Country
2. Key Takeaways
3. Research Methodology
3.1.1 Data Collection:
3.1.2 Primary Interviews:
3.1.3 Hypothesis formulation:
3.1.4 Macro-economic factor analysis:
3.1.5 Developing base number:
3.1.6 Data Triangulation:
3.1.7 Country level data:
4. Solder Materials Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Expert Opinion
5. Solder Materials Market – Key Industry Dynamics
5.1 Key Drivers
5.1.1 Availability of Various Products
5.1.2 Increasing Demand from Electronic Industry
5.2 Key Restraints
5.2.1 Imposition of various regulations by Authorities upon the Solder Materials
5.3 Key Opportunities
5.3.1 Continuous R&D Initiatives
5.4 Future Trends
5.4.1 Increasing Use of Automatic Solder Over Manual Solder
5.5 Impact Analysis of Drivers and Restraints
6. Solder Materials Market – MEA Market Analysis
6.1 Solder Materials Market Overview
6.2 MEA Solder Materials Market –Revenue, and Forecast to 2030 (US$ Mn)
6.3 Market Positioning – Key Market Players
7. MEA Solder Materials Market Analysis – By Product
7.1 Overview
7.2 MEA Solder Materials Market Breakdown, By Product, 2019 & 2030
7.3 Wire
7.3.1 Overview
7.3.2 Wire in Solder Materials Market, Revenue Forecast to 2030 (US$ Mn)
7.4 Paste
7.4.1 Overview
7.4.2 Paste in Solder Materials Market, Revenue and Forecast to 2030 (US$ Mn)
7.5 Bar
7.5.1 Overview
7.5.2 Bar in Solder Materials Market, Revenue and Forecast to 2030 (US$ Mn)
7.6 Flux
7.6.1 Overview
7.6.2 Flux in Solder Materials Market, Revenue and Forecast to 2030 (US$ Mn)
7.7 Others
7.7.1 Overview
7.7.2 Others in Solder Materials Market, Revenue and Forecast to 2030 (US$ Mn)
8. MEA Solder Materials Market Analysis – By Process
8.1 Overview
8.2 MEA Solder Materials Market Breakdown, By Process, 2019 & 2030
8.3 Screen-Printing
8.3.1 Overview
8.3.2 Solder Materials Market Revenue Via Screen-Printing Revenue and Forecast, to 2030 (US$ Mn)
8.4 Robotic
8.4.1 Overview
8.4.2 Solder Materials Market Revenue Via Robotic Revenue and Forecast, to 2030 (US$ Mn)
8.5 Laser
8.5.1 Overview
8.5.2 Solder Materials Market Revenue Via Laser Revenue and Forecast, to 2030 (US$ Mn)
8.6 Wave/Reflow
8.6.1 Overview
8.6.2 Solder Materials Market Via Wave/Reflow Revenue and Forecasts to 2030 (US$ Mn)
9. Solder Materials Market – Country Analysis
9.1 Overview
9.1.1 MEA: Solder materials Market, by Key Country
9.1.1.1 South Africa: Solder materials Market – Revenue and Forecast to 2030 (US$ Mn)
9.1.1.1.1 South Africa: Solder materials Market, by Product
9.1.1.1.2 South Africa: Solder materials Market, by Process
9.1.1.2 Saudi Arabia: Solder Materials Market – Revenue and Forecast to 2030 (US$ Mn)
9.1.1.2.1 Saudi Arabia: Solder materials Market, by Product
9.1.1.2.2 Saudi Arabia: Solder materials Market, by Process
9.1.1.3 UAE: Solder materials Market – Revenue and Forecast to 2030 (US$ Mn)
9.1.1.3.1 UAE: Solder materials Market, by Product
9.1.1.3.2 UAE: Solder materials Market, by Process
9.1.1.4 Rest of MEA: Solder materials Market– Revenue and Forecast to 2030 (US$ Mn)
9.1.1.4.1 Rest of MEA: Solder materials Market, by Product
9.1.1.4.2 Rest of MEA: Solder materials Market, by Process
10. Impact of COVID-19 Pandemic on MEA Solder Materials Market
10.1 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Merger and Acquisition
11.2 Product News
11.3 Strategic Recommendations for the New Entrants
11.3.1 Government Regulations
11.3.2 Development of Sustainable Solder Materials
11.3.3 Total Solder System along with Technical Expertise Offered to Customers
11.3.4 Strategic Investment in R & D and New Product Development
11.3.5 Business Development Through Alliances and Collaboration
11.3.6 Diversification of Application Base of Solder Materials
11.3.7 Focus on Quality Product Offerings
11.3.8 Geographical Expansion in New Markets
11.3.9 Price Competitiveness
11.4 Strategic Market Developments
12. Key Company Profiles
12.1 Fusion Incorporated
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Indium Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Kester
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products And Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 KOKI Company Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Stannol GmbH & Co. KG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. MEA Solder Materials Market –Revenue and Forecast to 2030 (US$ Mn)
Table 2. South Africa Solder Materials Market, by Product – Revenue and Forecast to 2030 (US$ Mn)
Table 3. South Africa Solder Materials Market, by Process – Revenue and Forecast to 2030 (US$ Mn)
Table 4. Saudi Arabia Solder Materials Market, by Product – Revenue and Forecast to 2030 (US$ Mn)
Table 5. Saudi Arabia Solder Materials Market, by Process – Revenue and Forecast to 2030 (US$ Mn)
Table 6. UAE Solder Materials Market, by Product – Revenue and Forecast to 2030 (US$ Mn)
Table 7. UAE Solder Materials Market, by Process – Revenue and Forecast to 2030 (US$ Mn)
Table 8. Rest of MEA Solder Materials Market, by Product – Revenue and Forecast to 2030 (US$ Mn)
Table 9. Rest of MEA Solder Materials Market, by Process – Revenue and Forecast to 2030 (US$ Mn)
Table 10. Glossary of Terms, MEA Solder Materials Market
LIST OF FIGURES
Figure 1. MEA Solder Materials Market Segmentation
Figure 2. MEA Solder Materials Market Segmentation – By Country
Figure 3. MEA Solder Materials Market Overview
Figure 4. MEA Solder Materials Market, by Process
Figure 5. MEA Solder Materials Market, by Country
Figure 6. MEA Solder Materials Market, Industry Landscape
Figure 7. MEA: PEST Analysis
Figure 8. Expert Opinion
Figure 9. MEA Solder Materials Market Impact Analysis of Drivers and Restraints
Figure 10. MEA Solder Materials Market – Revenue and Forecast to 2030 (US$ Mn)
Figure 11. MEA Solder Materials Market Breakdown, By Product, 2019 & 2030 (%)
Figure 12. MEA Wire Market Revenue and Forecast, 2017–2030 (US$ Mn)
Figure 13. MEA Paste Market Revenue and Forecast, 2017–2030 (US$ Mn)
Figure 14. MEA Bar Market Revenue and Forecast, 2017–2030 (US$ Mn)
Figure 15. MEA Flux Market Revenue and Forecast, 2017–2030 (US$ Mn)
Figure 16. MEA Others Market, Revenue and Forecast, 2017–2030 (US$ Mn)
Figure 17. MEA Solder Materials Market Breakdown By Process, 2019 & 2030 (%)
Figure 18. MEA Solder Materials Market Revenue Via Screen-Printing Forecast, to 2030 (US$ Mn)
Figure 19. MEA Solder Materials Market Revenue Via Robotic Revenue and Forecasts to 2030 (US$ Mn)
Figure 20. MEA Solder Materials Market Revenue Via Laser Revenue and Forecasts to 2030 (US$ Mn)
Figure 21. MEA Solder Materials Market Revenue Via Wave/Reflow Revenue and Forecasts to 2030 (US$ Mn)
Figure 22. MEA: Solder materials Market Revenue Share, by Key Country (2019 and 2030)
Figure 23. South Africa: Solder materials Market– Revenue and Forecast to 2030(US$ Mn)
Figure 24. Saudi Arabia: Solder Materials Market– Revenue and Forecast to 2030(US$ Mn)
Figure 25. UAE: Solder materials Market– Revenue and Forecast to 2030 (US$ Mn)
Figure 26. Rest of MEA: Solder materials Market– Revenue and Forecast to 2030(US$ Mn)
Figure 27. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
The List of Companies - Middle East and Africa Solder Materials Market
- Fusion Incorporated
- Indium Corporation
- Kester
- KOKI Company Ltd
- Stannol GmbH & Co. KG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA solder materials market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the MEA solder materials market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the solder material market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution