Pin Insertion Machine Market - Forecasts from 2018 to 2023

The pin insertion machine market was valued at US$243.51 million in 2017 and is projected to expand at a CAGR of 6.08% over the forecast period to reach US$346.92 million by 2023. The trend of manufacturing smaller mechanical, optical, and electronic products is driving the growth of pin insertion machine market. Moreover, its ability to provide cost effective and precise techniques is supplementing the growth of the market.

Research Methodology

The report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segments which have been covered as part of the report.

Market Dynamics

This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides industry regulation as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of pin insertion machine. Complete industry analysis has also been covered through Porter’s five forces model as a part of this report section.

Segmentation

Segments covered under the pin insertion Machine market report are as below:

By Technology
Press-Fit
Surface Mount Technology
Through Hole Technology

By Method
Manual
Semi-Automatic
Fully-Automatic

By Industry
Consumer Electronic
Healthcare
IT & Telecommunication
Industrial Machinery
Others

By Geography
Americas
North America
South America
Europe Middle East and Africa
Europe
Middle East and Africa
Asia Pacific

Key industry players profiled as part of this report are Spirol International Corporation, CMS Electronics, Colibri Technologies Pte. Ltd., TE Connectivity Ltd., Autosplice Inc., Assembly & Automation Technology, Inc., Visumatic Industrial Products, and FINECS Co., Ltd.