South America 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
SAM includes several developing nations such as Brazil, Argentina, Chile, Peru, and Colombia. The press fit connector market is rising rapidly in SAM, owing to mounting government support and escalating adoption of advanced technologies. The countries in SAM are attracting huge FDIs on the back of cheap labor and low entry barriers and interest rates. For instance, Argentina is concentrating on attracting FDIs by easing import restrictions, signing international bilateral agreements, and lifting foreign investment restrictions. Such initiatives are expected to facilitate the development of different sectors across the region, promoting the growth of the press fit connector market in the country. Brazil is the most advanced country in SAM, and it leverages several technologically advanced solutions to maintain or uplift its image. The government of the country is also making substantial progress in boosting its transportation and automotive industries.
South American countries have been witnessing growth in a number of industries over the past few years. Industries such as automotive, aerospace, and equipment manufacturing have experienced a fair growth rate; however, the COVID-19 outbreak has created a significant turmoil among the manufacturers across the industries. Brazil has the highest number of COVID-19 cases, followed by Peru, Chile, Colombia, and Ecuador, among others. The government of South America has taken an array of actions to protect its citizens and contain the COVID-19 spread. Although, Brazil has the largest industrial sector, it is the worst-hit country due to COVID-19 outbreak. This situation highlights limited resources and investments toward product developments, which has slowed-down the adoption of consumer electronics. This factor has negatively impacted the growth of the press fit connector market.
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Market Overview and Dynamics
The press fit connector market in SAM is expected to grow from US$ 252.66 million in 2021 to US$ 334.04 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028. Communication has the utmost importance in the aerospace & defense sector to ensure the seamless integration of systems on a plane as well as on the ground. The connectors are developed to meet standards such as VITA and VPX protocols to ensure connectivity even in critical situations and harsh environments. Advancements in the aerospace industry in the form of lightweight aircraft, long-range connecting devices, and unmanned aerial vehicles (UAVs) are pushing the boundaries of connectivity techniques and creating demand for advanced connector systems. Digitalization, remote control, and other advanced technologies are taking control over maneuvers operations, which is creating demand for high-speed data transfers solutions. Companies providing press-fit connectors are also developing new products for ensuring overall compliance with the aerospace & defense industry standards. Therefore, with the growing need for connectors for communication systems, the demand for press fit connectors also increases.
Key Market Segments
The SAM 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 SAM 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; Diehl Stiftung & Co. KG; 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 SAM 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 SAM press fit connector market
- Efficiently plan M&A and partnership deals in SAM 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 SAM press fit connector market
- Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.
SAM Press Fit Connector Market Segmentation
SAM Press Fit Connector Market –By Type
- Compliant Press-in
- Cold Press-in
SAM Press Fit Connector Market –By Application
- Automotive
- Telecommunications
- Military and Aerospace
- Medical
- Others
SAM Press Fit Connector Market -By Country
- Brazil
- Argentina
- Rest of SAM
SAM Press Fit Connector Market -Company Profiles
- Aptiv PLC
- Fujitsu Limited
- Diehl Stiftung & Co. KG
- 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 SAM Press Fit Connector Market – By Type
1.3.2 SAM Press Fit Connector Market – By Application
1.3.3 SAM Press Fit Connector Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Press Fit Connector Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM 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 Price of Connectors and Technical Challenges
5.3 Key Market Opportunities
5.3.1 Surge in 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 – SAM Market Analysis
6.1 SAM Press Fit Connector Market Overview
6.2 SAM Press Fit Connector Market Forecast and Analysis
7. SAM 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. SAM 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. SAM Press Fit Connector Market – Country Analysis
9.1 Overview
9.1.1 SAM Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2 SAM Press Fit Connector Market Breakdown, By Key Country
9.1.2.1 Brazil Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.1.1 Brazil Press Fit Connector Market Breakdown, By Type
9.1.2.1.2 Brazil Press Fit Connector Market Breakdown, By Application
9.1.2.2 Argentina Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.2.1 Argentina Press Fit Connector Market Breakdown, By Type
9.1.2.2.2 Argentina Press Fit Connector Market Breakdown, By Application
9.1.2.3 Rest of SAM Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.3.1 Rest of SAM Press Fit Connector Market Breakdown, By Type
9.1.2.3.2 Rest of SAM Press Fit Connector Market Breakdown, By Application
10. SAM 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 Diehl Stiftung & Co. KG
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 Sumitomo Electric Industries, Ltd.
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
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. SAM Press Fit Connector Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Brazil Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 3. Brazil Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 4. Argentina Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 5. Argentina Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 6. Rest of SAM Press Fit Connector Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 7. Rest of SAM Press Fit Connector Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 8. Glossary of Terms, SAM press fit connector Market
LIST OF FIGURES
Figure 1. SAM Press Fit Connector Market Segmentation
Figure 2. SAM Press Fit Connector Market Segmentation – By Country
Figure 3. SAM Press Fit Connector Market Overview
Figure 4. SAM Press Fit Connector Market, By Type
Figure 5. SAM Press Fit Connector Market, By Application
Figure 6. SAM Press Fit Connector Market, By Country
Figure 7. South America PEST Analysis
Figure 8. Press Fit Connector Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. SAM Press Fit Connector Market Impact Analysis of Drivers and Restraints
Figure 11. SAM Press Fit Connector Market, Forecast and Analysis (US$ Mn)
Figure 12. SAM Press Fit Connector Market Breakdown, By Type, 2020 & 2028 (%)
Figure 13. SAM Compliant Press-in Press Fit Connector Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. SAM Cold Press-in Press Fit Connector Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. SAM Press Fit Connector Market Breakdown, By Application, 2020 & 2028 (%)
Figure 16. SAM Automotive Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. SAM Telecommunications Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. SAM Military and Aerospace Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. SAM Medical Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. SAM Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. SAM Press Fit Connector Market Breakdown, By Key Country-Revenue 2020 (US$ Million)
Figure 22. SAM Press Fit Connector Market Breakdown, By Key Country (2020 & 2028)
Figure 23. Brazil Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 24. Argentina Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 25. Rest of SAM Press Fit Connector Market Revenue and Forecast to 2028 (US$ Mn)
Figure 26. Impact of COVID-19 Pandemic in South America Country Markets- Aptiv PLC
- Fujitsu Limited
- Diehl Stiftung & Co. KG
- 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 SAM 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 SAM 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 SAM 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