Europe 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
The press fit connector market in Europe is segmented into France, Germany, Russia, Italy, the UK, and Europe. Compared with the Nordic and Eastern European countries, western European countries are more developed and technologically advanced. Europe has gone through the initial adoption phase of electric mobility, and the gradually increasing momentum behind EV adoption – both from the consumer and the automotive industry are fueling the demand of press fit connector in the automotive industry. Automobile manufacturers of the region has observed an unprecedented demand for electric vehicles (EVs) in the last few years. For instance, in the Europe, the EVs sales jumped from 43% in 2020 from 2019. However, the sales passenger plug-in electric cars for in 2020 is 1,367,138. Additionally, due to the growing environmental concerns, governments of several European countries are implementing stringent regulations on carbon emissions from automobiles. Due to these initiatives, there is an increase in sales of hybrid electric vehicles (HEVs), which, in turn, is bolstering the market growth in the region. Moreover, the growing application of networking devices coupled with flourishing automotive, telecommunication, and computer networking sectors and rapid digitalization favored by the increasing penetration of smart devices are the factors that will raise the demand for press fit connectors in the European region. Furthermore, increasing investment for the industrial infrastructure development and upsurging ITES and data center industry in Germany has significantly propelled the demand for press fit connectors market in Europe because of the presence of prominent market players, technical advances, and an increase in the use of press fit connectors in various applications in the region. Continuous progress of telecommunications sector is the major factor driving the growth of the Europe press fit connector market.
Due to increased number of COVID-19 cases, the European market also witnessed a sluggish growth in the press fit connector market in the first half of 2020. Countries such as Russia, France, Spain, and the UK had a major count of COVID-19 cases. The semiconductor industry in Europe resumes growth at a slower rate compared to other markets, such as Asia and the U.S. The demand from industrial and automotive electronics has witnessed a substantial hit than consumer electronics due to the impact of COVID-19 pandemic. Post lockdown market has witnessed healthy growth rate owing to the increasing demand for advanced electronics devices to restart the facilities, operations, commercial places, and transportation.
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Market Overview and Dynamics
The press fit connector market in Europe is expected to grow from US$ 2,155.27 million in 2021 to US$ 2,887.02 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028. Various governments are taking initiatives to propel the development of smart cities in their respective economies. TE Connectivity launched a 56-position VPX footprint-compatible connector designed for rugged, high-speed applications. Press-fit stacking connectors address the need for 10 Gbps digital signals in high-density packaging. The company is engaged in providing intelligent traffic analysis and route planning services in large cities. Further, the Smart Cities Mission of Indian government focuses on promoting the development of sustainable and inclusive cities that offer essential infrastructure for ensuring provide a decent quality of life, coupled with a sustainable and clean environment with the deployment of smart solutions. The initiative of Indian government toward green and smart cities is providing impetus to the companies offering products enabled with the press-fit technology, encouraging the development of energy-efficient and economical press-fit connector systems. Thus, the development of smart cities is becoming a significant trend in the press fit connector market, contributing to its growth.
Key Market Segments
The Europe 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 Europe 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; Dietze Group; Fujitsu Limited; Molex, LLC (Koch Industries, Inc.); Positronic; PROVERTHA; Connectors, Cables and Solutions GmbH; SAMTEC, Inc.; Sumitomo Electric Industries, Ltd.; and TE Connectivity Corporation are among others.
Reasons to buy report
- To understand the Europe 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 Europe press fit connector market
- Efficiently plan M&A and partnership deals in Europe 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 Europe press fit connector market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
Europe Press Fit Connector Market Segmentation
Europe Press Fit Connector Market –By Type
- Compliant Press-in
- Cold Press-in
Europe Press Fit Connector Market –By Application
- Automotive
- Telecommunications
- Military and Aerospace
- Medical
- Others
Europe Press Fit Connector Market -By Country
- Germany
- France
- Italy
- Russia
- UK
- Rest of Europe
Europe Press Fit Connector Market -Company Profiles
- Amphenol ICC
- Aptiv PLC
- Autosplice
- AVX Corporation
- Diehl Stiftung & Co. KG
- Dietze Group
- Fujitsu Limited
- Molex, LLC (Koch Industries, Inc.)
- Positronic
- PROVERTHA Connectors, Cables and Solutions GmbH
- 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 Europe Press Fit Connector Market – By Type
1.3.2 Europe Press Fit Connector Market – By Application
1.3.3 Europe Press Fit Connector Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Press Fit Connector Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Press Fit Connector Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Continuous Progress of Telecommunications Sector
5.1.2 Growing Use of Electronics and Infotainment Systems in Automotive Sector
5.2 Key Market Restraints
5.2.1 High Price of Connectors and Technical Challenges
5.3 Key Market Opportunities
5.3.1 Growing 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 – Europe Market Analysis
6.1 Europe Press Fit Connector Market Overview
6.2 Press Fit Connector Market Forecast and Analysis
7. Europe 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. Europe 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. Europe Press Fit Connector Market – Country Analysis
9.1 Overview
9.1.1 Europe Press Fit Connector Market Breakdown, By Key Country
9.1.1.1 Germany Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.1.1 Germany Press Fit Connector Market Breakdown, By Type
9.1.1.1.2 Germany Press Fit Connector Market Breakdown, By Application
9.1.1.2 France Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.2.1 France Press Fit Connector Market Breakdown, By Type
9.1.1.2.2 France Press Fit Connector Market Breakdown, By Application
9.1.1.3 Italy Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.3.1 Italy Press Fit Connector Market Breakdown, By Type
9.1.1.3.2 Italy Press Fit Connector Market Breakdown, By Application
9.1.1.4 UK Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.4.1 UK Press Fit Connector Market Breakdown, By Type
9.1.1.4.2 UK Press Fit Connector Market Breakdown, By Application
9.1.1.5 Russia Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.5.1 Russia Press Fit Connector Market Breakdown, By Type
9.1.1.5.2 Russia Press Fit Connector Market Breakdown, By Application
9.1.1.6 Rest of Europe Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.6.1 Rest of Europe Press Fit Connector Market Breakdown, By Type
9.1.1.6.2 Rest of Europe Press Fit Connector Market Breakdown, By Application
10. Europe Press Fit Connector Market- COVID-19 Impact Analysis
10.1 Overview
11. Europe 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 Dietze Group
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 Autosplice
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 Fujitsu Limited
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 SAMTEC, 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 Molex, LLC (Koch Industries, Inc.)
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 Aptiv PLC
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 Diehl Stiftung & Co. KG
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 Sumitomo Electric Industries, Ltd.
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
12.12 AVX Corporation
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 PROVERTHA Connectors, Cables and Solutions GmbH
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Europe Press Fit Connector Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Germany Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 3. Germany Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 4. France Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 5. France Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 6. Italy Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 7. Italy Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 8. UK Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 9. UK Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 10. Russia Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 11. Russia Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 12. Rest of Europe Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 13. Rest of Europe 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. Europe Press Fit Connector Market Segmentation
Figure 2. Europe Press Fit Connector Market Segmentation – By Country
Figure 3. Europe Press Fit Connector Market Overview
Figure 4. Europe Press Fit Connector Market, By Type
Figure 5. Europe Press Fit Connector Market, By Application
Figure 6. Europe Press Fit Connector Market, By Country
Figure 7. Europe – PEST Analysis
Figure 8. Press Fit Connector Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. Europe Press Fit Connector Market Impact Analysis of Drivers and Restraints
Figure 11. Europe Press Fit Connector Market, Forecast and Analysis (US$ Mn)
Figure 12. Europe Press Fit Connector Market Breakdown, By Type, 2020 & 2028 (%)
Figure 13. Europe Compliant Press-in Press Fit Connector Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. Europe Cold Press-in Press Fit Connector Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. Europe Press Fit Connector Market Breakdown, By Application, 2020 & 2028 (%)
Figure 16. Europe Automotive Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. Europe Telecommunications Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Europe Military and Aerospace Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. Europe Medical Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. Europe Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. Europe Press Fit Connector Market, By Key Country- Revenue 2020 (US$ Million)
Figure 22. Europe Press Fit Connector Market Breakdown, By Key Country, 2020 & 2028(%)
Figure 23. Germany Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 24. France Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 25. Italy Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 26. UK Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 27. Russia Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 28. Rest of Europe Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 29. Impact of COVID-19 Pandemic in Europe Country Markets- Amphenol ICC
- Aptiv PLC
- Autosplice
- AVX Corporation
- Diehl Stiftung & Co. KG
- Dietze Group
- Fujitsu Limited
- Molex, LLC (Koch Industries, Inc.)
- Positronic
- PROVERTHA Connectors, Cables and Solutions GmbH
- SAMTEC, Inc.
- Sumitomo Electric Industries, Ltd.
- TE Connectivity Corporation
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- Highlights key business priorities in order to assist companies to realign their business strategies
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Press Fit Connector market, as well as those hindering it
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