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Press Fit Connectors Market, By Type (Solid Press-in and Compliant Press-in), By Application (Automotive, Electronic, Data & Communication), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

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    • Positronic
    • TE Connectivity Corporation
    • Amphenol ICC
    • Dietze Group
    • Autosplice
    • Fujitsu Limited
    • SAMTEC, Inc.
    • Molex, LLC(Koch Industries, Inc.)
    • Aptiv PLC
    • Diehl Stiftung &Co. KG
    • Sumitomo Electric Industries, Ltd.
    • AVX Corporation
    • PROVERTHA Connectors, Cables and Solutions GmbH
    • Mill-Max Mfg. Corp.

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ksm 24.06.13

Global press fit connectors market is estimated to be valued at USD 8.92 Bn in 2024 and is expected to reach USD 12.50 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.

Report Coverage Report Details
Base Year: 2023 Market Size in 2024: US$ 8.92 Bn
Historical Data for: 2019 to 2023 Forecast Period: 2024 to 2031
Forecast Period 2024 to 2031 CAGR: 4.90% 2031 Value Projection: US$ 12.50 Bn
Figure. Press Fit Connectors Market Share (%), By Region 2024
Press Fit Connectors Market - IMG1

Press fit connectors are witnessing widespread adoption across diverse industry verticals, owing to their ease of installation and inherent tolerance for misalignment. These connectors enable fast and tool-less joining of electric wires or cables without the need for soldering or screw fastening. The self-holding press fit design allows components to snap securely into place with uniform contact pressure for reliable transmission of signals and power. This promotes miniaturization of devices while reducing assembly time and costs. Recent years have witnessed growing preference for press fit connectors in medical devices, industrial automation equipment, automotive electronics, and consumer appliances seeking robust yet compact interconnect solutions.

Market Dynamics:

Global press fit connectors market growth is driven by rising demand for compact electronic products across industries. Miniaturization of devices requires interconnect technologies that occupy minimal space without compromising on conductivity. Press fit connectors meet this need efficiently while facilitating faster and easier on-site repairs. Growing automation trend in manufacturing boosts usage of press fit connectors in industrial robotics, machine tools, and process control systems. However, strict quality control during high-volume production to ensure uniform contact pressures can hamper the market growth. Meanwhile, ongoing R&D towards development of press fit connectors with increased pin counts and current ratings is widening the scope of applications.

Key features of the study:

This report provides in-depth analysis of the global press fit connectors market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global press fit connectors market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Positronic, TE Connectivity Corporation, Amphenol ICC, Dietze Group, Autosplice, Fujitsu Limited, SAMTEC, Inc., Molex, LLC (Koch Industries, Inc.), Aptiv PLC, Diehl Stiftung & Co. KG, Sumitomo Electric Industries, Ltd., AVX Corporation, PROVERTHA Connectors, Cables and Solutions GmbH, Mill-Max Mfg. Corp.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global press fit connectors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global press fit connectors market

Market Segmentation

  • By Type
    • Solid Press-in
    • Compliant Press-in
  • By Application
    • Automotive
    • Electronic
    • Data & Communication
  • By Regional
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
  • Key Players
    • Positronic
    • TE Connectivity Corporation
    • Amphenol ICC
    • Dietze Group
    • Autosplice
    • Fujitsu Limited
    • SAMTEC, Inc.
    • Molex, LLC (Koch Industries, Inc.)
    • Aptiv PLC
    • Diehl Stiftung & Co. KG
    • Sumitomo Electric Industries, Ltd.
    • AVX Corporation
    • PROVERTHA Connectors, Cables and Solutions GmbH
    • Mill-Max Mfg. Corp

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Opportunities
  • Regulatory Scenario
  • Industry Trend
  • Merger and Acquisitions
  • New system Launch/Approvals
  • Impact of the COVID-19 Pandemic

4. Global Press Fit Connectors Market, By Type, 2019-2031, (US$ Billion)

  • Introduction
    • Market Share Analysis, 2024 and 2031 (%)
    • Y-o-Y Growth Analysis, 2020-2031
    • Segment Trends
  • Solid Press-in
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)
  • Compliant Press-in
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)

5. Global Press Fit Connectors Market, By Application, 2019-2031, (US$ Billion)

  • Introduction
    • Market Share Analysis, 2024 and 2031 (%)
    • Y-o-Y Growth Analysis, 2020-2031
    • Segment Trends
  • Automotive
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)
  • Electronic
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)
  • Data & Communication
    • Introduction
    • Market Size and Forecast, 2019-2031, (US$ Billion)

6. Global Press Fit Connectors Market, By Region, 2019-2031, (US$ Billion)

  • Introduction
    • Market Share Analysis, By Region, 2024 and 2031 (%)
    • Y-o-Y Growth Analysis, 2020-2031
  • North America
    • Regional Trends
    • Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
      • U.S.
      • Canada
      • Europe
    • Regional Trends
    • Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
      • U.K.
      • Germany
      • Italy
      • France
      • Russia
      • Rest of Europe
      • Asia Pacific
    • Regional Trends
    • Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
      • China
      • India
      • ASEAN
      • Australia
      • South Korea
      • Japan
      • Rest of Asia Pacific
      • Latin America
    • Regional Trends
    • Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
      • Middle East & Africa
    • Regional Trends
    • Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
    • Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
      • GCC Countries
      • South Africa
      • Rest of the Middle East & Africa

7. Competitive Landscape

  • Company Profiles
    • Positronic
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments/Updates
    • TE Connectivity Corporation
    • Amphenol ICC
    • Dietze Group
    • Autosplice
    • Fujitsu Limited
    • SAMTEC, Inc.
    • Molex, LLC (Koch Industries, Inc.)
    • Aptiv PLC
    • Diehl Stiftung & Co. KG
    • Sumitomo Electric Industries, Ltd.
    • AVX Corporation
    • PROVERTHA Connectors, Cables and Solutions GmbH
    • Mill-Max Mfg. Corp.

8. Analyst Recommendations

  • Wheel of Fortune
  • Analyst View
  • Coherent Opportunity Map

9. Research Methodology

  • References
  • Research Methodology
  • About us and Sales Contact
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