Advances in Technologies Widen Market Opportunities for Press Fit Connector Use September 20, 2021
Press Fit Connector Market: Introduction
Transparency Market Research delivers key insights on the global press fit connector
market. In terms of revenue, the global press fit connector market is estimated to
expand at a CAGR of ~5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global press fit connector market.
The global press fit connector market is broadly affected by several factors, including increasing applications in a wide range of sectors, rising adoption of advanced technology, and developments in the automotive industry. Thus, expanding applications of press fit connectors in different sectors is propelling the global market.
Press Fit Connector Market: Dynamics
The reliability of the press fit technology is influencing its use in aerospace and medical industries, as press fit connectors are used in critical applications. They are utilized in modern aircraft such as Boeing 737 and Airbus A350, which are currently utilizing the power distribution and control systems, which employs various types of press-fit Sub-D connectors. These are manufactured by companies such as Amphenol. Moreover, efforts are being taken to reduce the time required to manufacture electronics equipment. Currently, connectors are the last component that is manually mounted on PCBs.
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Various government regulations have been enacted across the globe, such as EU Directive, which restrict the usage of hazardous substances such as lead in devices and systems. This results in the usage of new temperature-resistant connectors. Additionally, press fit connectors do not require soldering and hence, enable semiautomatic or fully automatic mounting of connectors onto PCBs. This results in significant gain of production time. Moreover, the press fit technology does not need