Pin Insertion Machine Market Report: Trends, Forecast and Competitive Analysis to 2030

Pin Insertion Machine Trends and Forecast

The future of the pin insertion machine market looks promising with opportunities in the telecommunication, consumer electronic, aerospace & defense, automotive, medical, industrial, and energy & power markets. The pin insertion machine market is expected to reach an estimated $255.9 million by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are increasing need for precise, adaptable, and economical methods of connecting PCBs, emerging trend of miniaturization of electronic devices, as well as, rising demand for linked portable devices with IoT capabilities, such as expensive smart wearables and phones, to support electronic mobility.

A more than 150-page report is developed to help in your business decisions.

Pin Insertion Machine by Segment

The study includes a forecast for the global pin insertion machine by method, technology, insertion platform, application, and region.

Pin Insertion Machine Market by Method [Shipment Analysis by Value from 2018 to 2030]:

• Manual
• Semi-Automatic
• Fully Automatic

Pin Insertion Machine Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Press-Fit
• Through-Hole
• Surface-Mount

Pin Insertion Machine Market by Insertion Platform [Shipment Analysis by Value from 2018 to 2030]:

• PCB
• Coil Frame
• Lead Frame
• Transformer
• Plastic Connector
• Metal Component

Pin Insertion Machine Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Telecommunications
• Consumer Electronics
• Aerospace & Defense
• Automotive
• Medical
• Industrial
• Energy & Power
• Others

Pin Insertion Machine Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Pin Insertion Machine Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pin insertion machine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pin insertion machine companies profiled in this report include-

• TE Connectivity
• Autosplice
• Eberhard
• HARMONTRONICS
• UMG Technologies

Pin Insertion Machine Market Insights

Lucintel forecasts that press-fit will remain the largest segment over the forecast period due to speedy assembly process, high mechanical retaining force, the possibility of double-sided mounting on PCBs, and no thermal stress on the PCB or a connector.

APAC will remain the largest region over the forecast period due to growing consumer electronics vertical, advancing automotive sector in China, along with the existence of numerous integrated device manufacturers and IC manufacturing firms in Taiwan.

Features of the Pin Insertion Machine Market

Market Size Estimates: Pin insertion machine market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Pin insertion machine market size by method, technology, insertion platform, application, and region in terms of value ($M).

Regional Analysis: Pin insertion machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different method, technology, insertion platform, application, and regions for the pin insertion machine market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pin insertion machine market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the pin insertion machine market size?

Answer: The global pin insertion machine market is expected to reach an estimated $255.9 million by 2030.

Q2. What is the growth forecast for pin insertion machine market?

Answer: The global pin insertion machine market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the pin insertion machine market?

Answer: The major drivers for this market are increasing need for precise, adaptable, and economical methods of connecting PCBs, emerging trend of miniaturization of electronic devices, as well as, rising demand for linked portable devices with IoT capabilities, such as expensive smart wearables and phones, to support electronic mobility.

Q4. What are the major segments for pin insertion machine market?

Answer: The future of the pin insertion machine market looks promising with opportunities in the telecommunication, consumer electronic, aerospace & defense, automotive, medical, industrial, and energy & power markets.

Q5. Who are the key pin insertion machine market companies?

Answer: Some of the key pin insertion machine companies are as follows.

• TE Connectivity
• Autosplice
• Eberhard
• HARMONTRONICS
• UMG Technologies

Q6. Which pin insertion machine market segment will be the largest in future?

Answer: Lucintel forecasts that press-fit will remain the largest segment over the forecast period due to speedy assembly process, high mechanical retaining force, the possibility of double-sided mounting on PCBs, and no thermal stress on the PCB or a connector.

Q7. In pin insertion machine market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to growing consumer electronics vertical, advancing automotive sector in China, along with the existence of numerous integrated device manufacturers and IC manufacturing firms in Taiwan.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the pin insertion machine market by method (manual, semi-automatic, and fully automatic), technology (press-fit, through-hole, and surface-mount), insertion platform (PCB, coil frame, lead frame, transformer, plastic connector, and metal component), application (telecommunications, consumer electronics, aerospace & defense, automotive, medical, industrial, energy & power, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?