In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Press Fit Connector market for 2018-2023.
This report 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 $6252.72 million in 2016. Overall, the Press Fit Connector market performance is positive, despite the weak economic environment.
Over the next five years, LPI(LP Information) projects that Press Fit Connector will register a 5.7% CAGR in terms of revenue, reach US$ 9470 million by 2023, from US$ 6800 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Press Fit Connector market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Stainless Steel Connecter
Segmentation by application:
This report also splits the market by region:
Middle East and Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Press Fit Connector consumption (value and volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Press Fit Connector market by identifying its various subsegments.
Focuses on the key global Press Fit Connector manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Press Fit Connector with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Press Fit Connector submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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