Middle East and Africa 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
Saudi Arabia, South Africa, and the UAE are among the key countries in the Middle East & Africa. The growing focus of the governments across the region to promote the use of electric vehicles and increased awareness about energy storage solutions in the renewable-based power sector is expected to drive the demand for press fit connectors. Countries like Saudi Arabia and the United Arab Emirates are becoming early adopters of electric vehicles in this region. For instance, The Saudi Arabian Standards Organization (SASO) has plans to issue regulations for the use of electric cars. In the United Arab Emirates, the Road Transport Authority (RTA) has issued advisory and worked to develop efficient charging stations. This rise in the adoption of electric vehicles will increase the production of press fit connectors as this technology is increasingly replacing the soldering technology. For instance, United Arab Emirates promote plans of green mobility solutions and as part of its plan to have 25% of the city’s trips converted into driverless journeys by 2030, the city completed the construction of 200 charging stations in the emirate by 2018, Mounting electronics and infotainment systems in the automotive sector and burgeoning developments in-network services such as 5G are also driving the growth of the MEA press fit connector market. Development of smart cities is the major factor driving the growth of the MEA press fit connector market.
Middle East & Africa comprises South Africa, the UAE, Saudi Arabia, and other countries. South Africa recorded the highest number of COVID-19 cases in the Middle East & Africa region and is followed by Saudi Arabia and the UAE. The Middle East & Africa region has a smaller number of companies operating or offering market-specific solutions. The countries such as the UAE and South Africa are adopting advanced electronics such as smartphones, smart wearables, and IoT connected devices. Increasing focus of governments toward industrialization is supposed to drive the market growth in Middle Eastern countries.
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Market Overview and Dynamics
The press fit connector market in MEA is expected to grow from US$ 505.18 million in 2021 to US$ 702.10 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028. Connected cars, driverless cars, modern telematics, and advanced infotainment systems are among the modern trends in the automotive sector, which are bolstering vehicle sales. Electric and infotainment systems require advanced connectors to support faster rates of data transfer. Thus, with increasing electrification of vehicles and the rising adoption of telematics in them, the demand for press fit connectors is also on the rise. These new connected cars will create demand for 15 FAKRA/HSD connectors. The connectors are integrated to establish a connection between coaxial cable and transceivers and receivers located in FM signals, vehicle GPS, satellite radio, cellular communications, and safety applications, among others. Hence, with increasing thrive for advanced connectivity in cars and other vehicles, the demand for the press fit connectors is also increasing. Further, with the growth of the connected vehicle trend, the demand for durable electrical and electronic systems is also growing. Applications such as in-vehicle navigation, infotainment, and electric and hybrid drivetrains require many new connections. As a result, companies operating in these business segments are opting for the press-fit connector technology to augment and replace solder joints. A press-fit connection, which is highly reliable, includes an elastic pin and a plated through-hole (PTH). The PTH is drilled into a layered circuit board that is electroplated, typically with copper, to create the circuit on insertion of the press-fit pin. The press fit connector market players are also introducing new products for supporting evolving needs of the automotive industry, especially regarding high-speed connectivity solutions. Therefore, the growing use of advanced electrical systems in vehicles is contributing to the press fit connector market growth.
Key Market Segments
The MEA 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 MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Aptiv PLC; Fujitsu Limited; Molex, LLC (Koch Industries, Inc.); SAMTEC, Inc.; Sumitomo Electric Industries, Ltd.; and TE Connectivity Corporation are among others.
Reasons to buy report
- To understand the MEA 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 MEA press fit connector market
- Efficiently plan M&A and partnership deals in MEA 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 MEA press fit connector market
- Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.
MEA Press Fit Connector Market Segmentation
MEA Press Fit Connector Market –By Type
- Compliant Press-in
- Cold Press-in
MEA Press Fit Connector Market –By Application
- Automotive
- Telecommunications
- Military and Aerospace
- Medical
- Others
MEA Press Fit Connector Market -By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
MEA Press Fit Connector Market -Company Profiles
- Aptiv PLC
- Fujitsu Limited
- Molex, LLC (Koch Industries, Inc.)
- 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 MEA Press Fit Connector Market – By Type
1.3.2 MEA Press Fit Connector Market – By Application
1.3.3 MEA Press Fit Connector Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Press Fit Connector Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Press Fit Connector Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Continuous Flourishment 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 Cost 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 – MEA Market Analysis
6.1 MEA Press Fit Connector Market Overview
6.2 MEA Press Fit Connector Market Forecast and Analysis
7. MEA 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. MEA 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. MEA Press Fit Connector Market – Country Analysis
9.1 Overview
9.1.1 MEA Press Fit Connector Market Breakdown, By Country
9.1.1.1 UAE Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.1.1 UAE Press Fit Connector Market Breakdown, By Type
9.1.1.1.2 UAE Press Fit Connector Market Breakdown, By Type
9.1.1.2 Saudi Arabia Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.2.1 Saudi Arabia Press Fit Connector Market Breakdown, By Type
9.1.1.2.2 Saudi Arabia Press Fit Connector Market Breakdown, By Application
9.1.1.3 South Africa Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.3.1 South Africa Press Fit Connector Market Breakdown, By Type
9.1.1.3.2 South Africa Press Fit Connector Market Breakdown, By Application
9.1.1.4 Rest of MEA Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.1.4.1 Rest of MEA Press Fit Connector Market Breakdown, By Type
9.1.1.4.2 Rest of MEA Press Fit Connector Market Breakdown, By Application
10. MEA Press Fit Connector Market- COVID-19 Impact Analysis
10.1 Overview
11. Press Fit Connector Market - Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 TE Connectivity Corporation
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 Fujitsu Limited
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 SAMTEC, Inc.
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 Molex, LLC (Koch Industries, Inc.)
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 Aptiv PLC
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 Sumitomo Electric Industries, Ltd.
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
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. MEA Press Fit Connector Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. UAE Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 3. UAE Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 4. Saudi Arabia Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 5. Saudi Arabia Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 6. South Africa Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 7. South Africa Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 8. Rest of MEA Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 9. Rest of MEA Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 10. Glossary of Terms, press fit connector Market
LIST OF FIGURES
Figure 1. MEA Press Fit Connector Market Segmentation
Figure 2. MEA Press Fit Connector Market Segmentation – By Country
Figure 3. MEA Press Fit Connector Market Overview
Figure 4. MEA Press Fit Connector Market, By Type
Figure 5. MEA Press Fit Connector Market, By Application
Figure 6. MEA Press Fit Connector Market, By Country
Figure 7. Middle East & Africa PEST Analysis
Figure 8. Press Fit Connector Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. MEA Press Fit Connector Market Impact Analysis of Drivers and Restraints
Figure 11. MEA Press Fit Connector Market, Forecast and Analysis (US$ Mn)
Figure 12. MEA Press Fit Connector Market Breakdown, By Type, 2020 & 2028 (%)
Figure 13. MEA Compliant Press-in Press Fit Connector Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. MEA Cold Press-in Press Fit Connector Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. MEA Press Fit Connector Market Breakdown, By Application, 2020 & 2028 (%)
Figure 16. MEA Automotive Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. MEA Telecommunications Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. MEA Military and Aerospace Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. MEA Medical Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. MEA Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. MEA Press Fit Connector Market Breakdown, By Country –Revenue 2020 (US$ Million)
Figure 22. MEA Press Fit Connector Market Breakdown, By Country, 2020 & 2028(%)
Figure 23. UAE Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 24. Saudi Arabia Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 25. South Africa Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 26. Rest Of MEA Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 27. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets- Aptiv PLC
- Fujitsu Limited
- Molex, LLC (Koch Industries, Inc.)
- 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 MEA 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 MEA 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 MEA 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