The press fit connector market was valued at $8.6 billion in 2022 and is estimated to reach $13.4 billion by 2032, exhibiting a CAGR of 4.8% from 2023 to 2032.
A press-fit connector is a connecting technique used in electronics that does not require soldering since it uses mechanical pressure to firmly link connections to printed circuit boards.
The necessity for dependable connections, trend toward miniaturization, requirement for high-speed data transmission, environmental concerns, and demand for rework ability are driving the expansion of the press-fit connector market. The widespread use of press-fit connectors in a variety of sectors and applications is because of all these components taken together.
In order to use this connection method, connector pins must be created with precise dimensions and shapes to fit into plated through-holes on the PCB. When the connector pins are forced into these holes during assembly, a gas-tight connection is created that improves signal integrity and guarantees reliable electrical performance. In cases where soldering may be difficult or unfeasible, such as high-frequency applications, miniature devices, and circumstances requiring immediate repairs or replacements, press-fit connections are used.
The growing need for production processes that are more automated and efficient are fueling the demand in the market. Automation has emerged as an important strategy as companies work to increase productivity and lower manufacturing costs. Press-fit connections, which work with automated assembly systems, are a natural fit for this trend. Press-fit connections, where the connectors are placed with exact force into pre-designed holes, are particularly suited for integration with robots and automated machines because of their precise nature.
Automated production lines are being used more often by manufacturers in a variety of industries, such as automotive, consumer electronics, and medical equipment, to increase throughput while preserving consistent quality. By providing quick, repeatable, and precise assembly without the complications of soldering, which can be more difficult to automate due to temperature control and solder joint quality problems, press-fit connections help with this shift.
For the purpose of analysis, the press-fit connector market scope covers segmentation based on material, application, and region. The report provides information on various materials including brass and stainless steel. Furthermore, the major applications covered in the study include automotive, electronic, and data and communication. In addition, it analyzes the current market trends across different regions such as North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players operating in the press-fit connector market include TE Connectivity Ltd., Amphenol Corporation, Fujitsu Limited, HARTING Technology Group, Japan Aviation Electronics Industry, Ltd., J.S.T. Mfg. Co., Ltd., Radial, Samtec Inc., and Interplex Holdings Pte. Ltd.
A press-fit connector is a connecting technique used in electronics that does not require soldering since it uses mechanical pressure to firmly link connections to printed circuit boards.
The necessity for dependable connections, trend toward miniaturization, requirement for high-speed data transmission, environmental concerns, and demand for rework ability are driving the expansion of the press-fit connector market. The widespread use of press-fit connectors in a variety of sectors and applications is because of all these components taken together.
In order to use this connection method, connector pins must be created with precise dimensions and shapes to fit into plated through-holes on the PCB. When the connector pins are forced into these holes during assembly, a gas-tight connection is created that improves signal integrity and guarantees reliable electrical performance. In cases where soldering may be difficult or unfeasible, such as high-frequency applications, miniature devices, and circumstances requiring immediate repairs or replacements, press-fit connections are used.
The growing need for production processes that are more automated and efficient are fueling the demand in the market. Automation has emerged as an important strategy as companies work to increase productivity and lower manufacturing costs. Press-fit connections, which work with automated assembly systems, are a natural fit for this trend. Press-fit connections, where the connectors are placed with exact force into pre-designed holes, are particularly suited for integration with robots and automated machines because of their precise nature.
Automated production lines are being used more often by manufacturers in a variety of industries, such as automotive, consumer electronics, and medical equipment, to increase throughput while preserving consistent quality. By providing quick, repeatable, and precise assembly without the complications of soldering, which can be more difficult to automate due to temperature control and solder joint quality problems, press-fit connections help with this shift.
For the purpose of analysis, the press-fit connector market scope covers segmentation based on material, application, and region. The report provides information on various materials including brass and stainless steel. Furthermore, the major applications covered in the study include automotive, electronic, and data and communication. In addition, it analyzes the current market trends across different regions such as North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players operating in the press-fit connector market include TE Connectivity Ltd., Amphenol Corporation, Fujitsu Limited, HARTING Technology Group, Japan Aviation Electronics Industry, Ltd., J.S.T. Mfg. Co., Ltd., Radial, Samtec Inc., and Interplex Holdings Pte. Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the press fit connector market analysis from 2022 to 2032 to identify the prevailing press fit connector market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the press fit connector market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global press fit connector market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Material
- Stainless Steel
- Brass
By Application
- Automotive
- Electronics
- Data and Communication
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- TE Connectivity Ltd.
- Amphenol Corporation
- HARTING Technology Group
- J.S.T. Mfg. Co., Ltd.
- Radiall
- Samtec Inc.
- Interplex Holdings Pte. Ltd.
- Fujitsu Limited
- Japan Aviation Electronics Industry, Ltd.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: PRESS FIT CONNECTOR MARKET, BY MATERIAL
CHAPTER 5: PRESS FIT CONNECTOR MARKET, BY APPLICATION
CHAPTER 6: PRESS FIT CONNECTOR MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, the press fit connector market was valued at $8.7 billion in 2022, and is estimated to reach $13.5 billion by 2032, growing at a CAGR of 4.8% from 2023 to 2032.A press-fit connector, also known as a press-fit terminal or press-fit technology, is a technique of joining electronic components or connections to a printed circuit board (PCB) that does not need the use of solder.
The dependability and longevity of press-fit connectors are well recognised. Press-fit connectors, unlike typical soldered connections, do not rely on heat or solder, lowering the danger of thermal damage and assuring a longer lifespan. This dependability is especially important in areas like aircraft, automotive, and industrial equipment, where reliable and long-lasting connections are needed.Press fit connections offer a small and space-saving option, making them a favourite choice for producers of smartphones, tablets, wearables, and other portable devices as the trend towards miniaturisation in electronics continues.
Over time, press-fit connections can save money. While the initial investment is slightly greater than for soldered connections, the absence of soldering operations lowers production costs and potential repair fees. Furthermore, their dependability reduces maintenance and replacement costs, making them an appealing solution for a variety of applications.The increased emphasis on environmentally friendly and sustainable manufacturing methods will most certainly increase the usage of press fit connections, which reduce the need for lead-based solder and encourage eco-friendly practises. In summary, the prospects in the press fit connection market are found in automotive, 5G infrastructure, miniaturisation, and sustainability trends, putting it for continuous growth in the foreseeable future.
High-speed data transmission and high-frequency signal integrity are in great demand across industries such as telecommunications, data centres, and consumer electronics. Press-fit connections provide good signal integrity and impedance matching, making them ideal for applications requiring high signal quality. Press-fit connectors are extremely adjustable and configurable to accommodate a wide range of form factors and needs. This adaptability is critical in areas such as telecommunications and automobiles, where multiple connections may be required for specific applications or changing standards. As manufacturing processes become more automated, press-fit connections correspond with the trend towards automated assembly lines. They may be incorporated into automated manufacturing processes, increasing efficiency, and lowering labour costs.
The development of 5G technology, as well as the construction of data centres to serve the digital age, creates a significant demand for high-speed, low-latency data transfer. With their low contact resistance and great signal integrity, press fit connectors are critical components in major infrastructure projects, providing a significant growth opportunity.The continuing miniaturisation trend in consumer electronics, as well as the need for stylish, small gadgets, create potential for press fit connections. They are perfect for smartphones, wearables, and other portable devices because to their space-saving design and solderless connection.
The emphasis on sustainability and environmentally responsible production processes is encouraging the use of press fit connectors as a lead-free and environmentally friendly alternative to traditional soldering procedures, thus extending their market potential.Because of their dependability in high-vibration and severe situations, press fit connectors are crucial components in industrial automation equipment.
The global press-fit connector market is segmented into material, application, and region. On the basis of material, it is categorized into brass and stainless steel. Stainless Steel generated the largest revenue in 2022. As per application, it is fragmented into automotive, electronic, and data and communication. Automotive dominated the market in 2022.Region wise, the press-fit connector market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the study include TE Connectivity Ltd., Amphenol Corporation, Fujitsu Limited, HARTING Technology Group, Japan Aviation Electronics Industry, Ltd., J.S.T. Mfg. Co., Ltd., Radiall, Samtec Inc., and Interplex Holdings Pte. Ltd. The players in the market have been actively engaged in the adoption various strategies such as acquisition, product launch and expansion to remain competitive and gain advantage over the competitors in the market. For instance, in November 2022,Interplex released its multi-row board-to-board (BTB) connector product. It is a snap-in biscuit design. This ingenious interconnect allows multiple connector units to be stacked together. This means interconnections can be appropriately sized while avoiding the need for them to be custom built.
Key Market Insights
By material, the stainless-steel segment was the highest revenue contributor to the market. However, the same segment is estimated to be the fastest growing segment during the forecast period.The automotive segment generated the largest share in 2022 and expected to follow the same trend during the forecast period.
Based on region, Asia-Pacific was the highest revenue contributor, accounting for $4.2 billion in 2022, and is estimated to reach $7.08 billion by 2032, with a CAGR of 5.61%.
Companies Mentioned
- TE Connectivity Ltd.
- Amphenol Corporation
- HARTING Technology Group
- J.S.T. Mfg. Co., Ltd.
- Radiall
- Samtec Inc.
- Interplex Holdings Pte. Ltd.
- Fujitsu Limited
- Japan Aviation Electronics Industry, Ltd.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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