Asia Pacific Press Fit Connector Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Compliant Pressing and Cold Press-in) and Application (Automotive, Telecommunications, Military and Aerospace, Medical, and Others)
Market Introduction
APAC is the major market for press fit connectors as rising urbanization, increasing population, and growing industrial sector have increased the demand for power in countries such as China and India. China, Japan, India, and South Korea are among the major manufacturing hubs in APAC. China and Japan are among the largest producers of electronic products. South Korea is one of the world’s largest manufacturers of semiconductor equipment, and its semiconductor industry contributes significantly to its GDP. India produces radio receivers, metal manufactures, railway rolling stock, automobiles, bicycles, and precision instruments. China has also made considerable progress in the field of engineering. Other Asian countries primarily concentrate on producing durable consumer goods. Japan, Singapore, Malaysia, Taiwan, and South Korea are at the forefront of computer hardware manufacturing, software development, and information processing. Raised requirement of press fit connectors in aerospace & defense sector is the major factor driving the growth of the APAC press fit connector market.
The COVID-19 pandemic has severely impacted APAC due to wide disease spread; countries in this region are among the highly populated, which leads to the greater risk infection spread. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has affected major economies such as China, India, Australia, and Japan, which are experiencing inflation. India is the worst-hit country by the pandemic in this region. Many global brands and technological companies are headquartered in the region. The limitations imposed by governments to control the spread of COVID-19, the impact of the disease on populations of different countries in the region, and current inability to utilize production capabilities are the key factors impacting press fit connector market in Asian countries. Therefore, the COVID-19 pandemic is likely to continue to hinder the press fit connector market growth in APAC.
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Market Overview and Dynamics
The press fit connector market in APAC is expected to grow from US$ 3,283.18 million in 2021 to US$ 4,618.34 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2021 to 2028. Press fit connectors have a high demand in the networking and communication sector as they enable enhanced connectivity and reliability. Syneo, a precision tooling and machine manufacturer, is using the compliant-pin technology to produce highly reliable electromechanical interconnects without using solder. This is being achieved through the insertion of a specially stamped terminal into a plated-through hole (PTH) of a printed circuit board (PCB). Further, advancements in connector technology are leading to improvements in device performance along with offering better space utilizing solutions. The press fit connector market players are developing high-speed end connectors for Serializer/Deserializer (SERDES) applications, such as supercomputing, high-speed networking, and supercomputing. In April 2019, Fairview Microwave Inc., a brand of Infinite Electronics introduced a new series of high-speed PCB connectors, supporting the high data rates. These newly launched connectors are designed for high-speed networking and supercomputing applications, as they support high data rate transfers. The growing consumption of high-speed networking devices and computers is a major supporting the press fit connector market growth. The increasing adoption of consumer electronics such as digital cameras; printers; TVs; gaming consoles; and connected devices such as laptops, tablets, PCs, and smartphones is further driving the demand for high-speed connectivity. To meet these requirements, advanced connectors are introduced in the market to facilitate faster, efficient, and compact interfaces. Thus, the demand for press fit connector devices is increasing with the rising consumption of computers, networking devices, cloud servers, and advanced electronics in the telecommunications sector.
Key Market Segments
The APAC press fit connector market has been segmented based on type, application, and country. Based on type, the market is segmented into cold press-in and compliant press-in. The compliant press-in segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. In terms of application, the market is segmented into automotive, telecommunications, military & aerospace, medical, and others. The automotive segment dominated the market in 2020 and military & aerospace segment is expected to be the fastest growing during the forecast period.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on press fit connector market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Amphenol ICC; Aptiv PLC; Autosplice; AVX Corporation; Diehl Stiftung & Co. KG; Fujitsu Limited; Molex, LLC (Koch Industries, Inc.); Positronic; SAMTEC, Inc.; Sumitomo Electric Industries, Ltd.; and TE Connectivity Corporation are among others.
Reasons to buy report
- To understand the APAC press fit connector 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 APAC press fit connector market
- Efficiently plan M&A and partnership deals in APAC press fit connector 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 APAC press fit connector market
- Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.
APAC Press Fit Connector Market Segmentation
APAC Press Fit Connector Market –By Type
- Compliant Press-in
- Cold Press-in
APAC Press Fit Connector Market –By Application
- Automotive
- Telecommunications
- Military and Aerospace
- Medical
- Others
APAC Press Fit Connector Market -By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Press Fit Connector Market -Company Profiles
- Amphenol ICC
- Aptiv PLC
- Autosplice
- AVX Corporation
- Diehl Stiftung & Co. KG
- Fujitsu Limited
- Molex, LLC (Koch Industries, Inc.)
- Positronic
- SAMTEC, Inc.
- Sumitomo Electric Industries, Ltd.
- TE Connectivity Corporation
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Press Fit Connector Market – By Type
1.3.2 APAC Press Fit Connector Market – By Application
1.3.3 APAC Press Fit Connector Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Press Fit Connector Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC Press Fit Connector Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Continuous Flourishment of Telecommunications Sector
5.1.2 Increase in Use of Electronics and Infotainment Systems in Automotive Sector
5.2 Key Market Restraints
5.2.1 High Cost of Connectors and Technical Challenges
5.3 Key Market Opportunities
5.3.1 Raised Requirement of Press Fit Connectors in Aerospace & Defense Sector
5.4 Future Trends
5.4.1 Development of Smart Cities
5.5 Impact Analysis of Drivers and Restraints
6. Press Fit Connector Market – APAC Market Analysis
6.1 APAC Press Fit Connector Market Overview
6.2 APAC Press Fit Connector Market Forecast and Analysis
7. APAC Press Fit Connector Market – By Type
7.1 Overview
7.2 Press Fit Connector Market Breakdown, By Type, 2020 & 2028
7.3 Compliant Press-in
7.3.1 Overview
7.3.2 Compliant Press-in Press Fit Connector Market Revenue and Forecasts to 2028 (US$ Mn)
7.4 Cold Press-in
7.4.1 Overview
7.4.2 Cold Press-in Press Fit Connector Market Revenue and Forecasts to 2028 (US$ Mn)
8. APAC Press Fit Connector Market – By Application
8.1 Overview
8.2 Press Fit Connector Market Breakdown, By Application, 2020 & 2028
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive Market Revenue and Forecasts to 2028 (US$ Mn)
8.4 Telecommunications
8.4.1 Overview
8.4.2 Telecommunications Market Revenue and Forecasts to 2028 (US$ Mn)
8.5 Military and Aerospace
8.5.1 Overview
8.5.2 Military and Aerospace Market Revenue and Forecasts to 2028 (US$ Mn)
8.6 Medical
8.6.1 Overview
8.6.2 Medical Market Revenue and Forecasts to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)
9. APAC Press Fit Connector Market – Country Analysis
9.1 Overview
9.1.1 APAC Press Fit Connector Market Breakdown, By Key Country
9.1.1.1 China Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.1.1 China Press Fit Connector Market Breakdown, By Type
9.1.1.1.2 China Press Fit Connector Market Breakdown, By Application
9.1.1.2 Japan Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.2.1 Japan Press Fit Connector Market Breakdown, By Type
9.1.1.2.2 Japan Press Fit Connector Market Breakdown, By Application
9.1.1.3 India Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.3.1 India Press Fit Connector Market Breakdown, By Type
9.1.1.3.2 India Press Fit Connector Market Breakdown, By Application
9.1.1.4 South Korea Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.4.1 South Korea Press Fit Connector Market Breakdown, By Type
9.1.1.4.2 South Korea Press Fit Connector Market Breakdown, By Application
9.1.1.5 Australia Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.5.1 Australia Press Fit Connector Market Breakdown, By Type
9.1.1.5.2 Australia Press Fit Connector Market Breakdown, By Application
9.1.1.6 Rest of APAC Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.6.1 Rest of APAC Press Fit Connector Market Breakdown, By Type
9.1.1.6.2 Rest of APAC Press Fit Connector Market Breakdown, By Application
10. APAC Press Fit Connector Market- COVID-19 Impact Analysis
10.1 Overview
11. APAC Press Fit Connector Market - Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Positronic
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
12.1.6 Key Developments
12.2 TE Connectivity 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 Amphenol ICC
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 Autosplice
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 Fujitsu Limited
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
12.6 SAMTEC, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Molex, LLC (Koch Industries, Inc.)
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Aptiv PLC
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Diehl Stiftung & Co. KG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Sumitomo Electric Industries, Ltd.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 AVX Corporation
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. APAC Press Fit Connector Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. China Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 3. China Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 4. Japan Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 5. Japan Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 6. India Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 7. India Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 8. South Korea Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 9. South Korea Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 10. Australia Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 11. Australia Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 12. Rest of APAC Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 13. Rest of APAC Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 14. Glossary of Terms, press fit connector Market
LIST OF FIGURES
Figure 1. APAC Press Fit Connector Market Segmentation
Figure 2. APAC Press Fit Connector Market Segmentation – By Country
Figure 3. APAC Press Fit Connector Market Overview
Figure 4. APAC Press Fit Connector Market, By Type
Figure 5. APAC Press Fit Connector Market, By Application
Figure 6. APAC Press Fit Connector Market, By Country
Figure 7. Asia Pacific PEST Analysis
Figure 8. Press Fit Connector Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. APAC Press Fit Connector Market Impact Analysis of Drivers and Restraints
Figure 11. APAC Press Fit Connector Market, Forecast and Analysis (US$ Mn)
Figure 12. APAC Press Fit Connector Market Breakdown, By Type, 2020 & 2028 (%)
Figure 13. APAC Compliant Press-in Press Fit Connector Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. APAC Cold Press-in Press Fit Connector Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. APAC Press Fit Connector Market Breakdown, By Application, 2020 & 2028 (%)
Figure 16. APAC Automotive Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. APAC Telecommunications Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. APAC Military and Aerospace Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. APAC Medical Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. APAC Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. APAC Press Fit Connector Market, By Key Country- Revenue 2020 (US$ Million)
Figure 22. APAC Press Fit Connector Market Breakdown, By Key Country, (2020 & 2028)
Figure 23. China Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 24. Japan Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 25. India Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 26. South Korea Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 27. Australia Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 28. Rest of APAC Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 29. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- Amphenol ICC
- Aptiv PLC
- Autosplice
- AVX Corporation
- Diehl Stiftung & Co. KG
- Fujitsu Limited
- Molex, LLC (Koch Industries, Inc.)
- Positronic
- SAMTEC, Inc.
- Sumitomo Electric Industries, Ltd.
- TE Connectivity Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC Press Fit Connector 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 APAC Press Fit Connector 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 APAC market trends and outlook coupled with the factors driving the Press Fit Connector 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