Press Fit Connector Market

The global Press Fit Connector market was valued at 67.43 Million USD in 2021 and will grow with a CAGR of 4.99% from 2021 to 2027, based on Research newly published report.

The prime objective of Press Fit Connector Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Press Fit Connector Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Press Fit Connector Market studies the Press Fit Connector market. By their name, press-fit connectors are pressed through properly dimensioned plated-through holes on a printed circuit board (PCB). This technology is an alternative to the soldering method and offers a number of advantages over its more traditional counterpart. With press-fit connectors, you can eliminate a number of negative aspects that come along with soldering: thermal stress on the PCB, cold solder joints, shorts (caused by solder bridging), and the elimination of lead-free solder, which introduces its own set of problems. Press-fit connectors are also easily repaired, more environmentally friendly, and cost effective.Press-fit connectors are pressed through properly dimensioned plated-through holes on a printed circuit board (PCB). Press-fit technology is an alternative to the soldering method and offers a number of advantages over its more traditional counterpart. Press-fit connectors, can eliminate a number of negative aspects that come along with soldering such as thermal stress on the PCB, cold solder joints, shorts caused by solder bridging, etc. Press-fit connectors are also easily repaired, more environmentally friendly, and cost effective. Press Fit Connector industry is relatively concentrated, manufacturers are mostly in the North America, Europe and Japan, among them, Europe accounted for more than 35.87% of the total production volume of global Press Fit Connector in 2017. TE is the world leading manufacturer in global Press Fit Connector market with the market share of 32.84%, in terms of revenue, followed by Samtec, Amphenol, Molex, JST and JAE. Compared to 2016, Press Fit Connector market managed to increase revenue by 8.71 percent to $6797.15 million worldwide in 2017 from $6252.72 million in 2016. Overall, the Press Fit Connector market performance is positive, despite the weak economic environment.

By Market Verdors:

• TE Connectivity
• Samtec
• Amphenol
• Molex
• Hirose
• JAE
• JST
• HARTING
• Yamaichi
• ERNI
• Fujitsu

By Types:

• Brass Connecter
• Stainless Steel Connecter

By Applications:

• Automotive Electronics
• Electronic Product
• Aerospace

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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