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Future trends of Pin Insertion Machine Market


Pin Insertion Machine Market worth 276.7 Million USD by 2022 – PowerPoint PPT presentation

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Title: Future trends of Pin Insertion Machine Market

MarketsandMarkets Presents
Pin Insertion Machine Market worth 276.7
Million USD by 2022
  • According to the new market research report "Pin
    Insertion Machine Market by Method (Manual,
    Semi-Automatic, Fully Automatic), Technology
    (Surface Mount Technology (SMT), Press-Fit
    Technology, Through-Hole Technology (THT)),
    Industry, and Region - Global Trend and Forecast
    to 2022", the pin insertion machine market is
    estimated to reach USD 276.7 Million by 2022, at
    a CAGR of 4.9 between 2016 and 2022. Factors
    that are driving this market include need for the
    miniaturization of electronics devices demand
    for flexible, cost-effective, and precise
    techniques for inserting connectors on the PCBs
    and need for pin installation machines in
    surgical instrument assembly.
  • Browse 69 tables and 44 figures spread through
    135 Pages and in-depth TOC on "Pin Insertion
    Machine Market - Global Trend and Forecast to
    ly buyers will receive 10 customization on

  • Pin insertion machines based on the
    semi-automatic method expected to lead the market
  • Pin insertion machines based on the
    semi-automatic method are expected to hold the
    largest market size during forecast period.
    Semi-automatic pin insertion machines are widely
    used for mid-volume production. Due to its
    features such as high insertion rate, ability to
    insert in different angles, flexibility to
    production change such as quickly replaceable
    insertion head, it has resulted in high demand
    for semi-automatic pin insertion machines. These
    machines have a feature of inserting pins in
    different angles without decreasing the insertion
  • The market for automotive industry expected to
    grow at the highest rate between 2016 and 2022
  • The market for the automotive industry is
    expected to grow at the highest CAGR as the need
    for sophisticated automotive electronics systems
    for safety, infotainment, and media in luxury
    cars and SUVs and passenger cars is rising. Use
    of solderless press-fit terminals for the
    electronic connection is increasing in the
    automotive industry the use of pin insertion
    machines for inserting press-fit terminals is
    driving the market for the automotive industry.
    Moreover, the miniaturization of electronic
    components and circuitry and functional
    requirement for electronics to work reliably in
    harsh environmental condition is generating a
    significant demand for pin insertion machines in
    the automotive industry.

  • APAC expected to witness a rapid growth during
    the forecast period
  • The pin insertion machine market in APAC is
    expected to grow at the highest CAGR between 2016
    and 2022. The region has witnessed significant
    growth in manufacturing activities due to low
    manufacturing costs and the support of the local
    governments. Increasing investment in research
    and development is also one of the key drivers
    for the growth of this market in APAC. The APAC
    market for pin insertion machines is expected to
    grow further during the forecast period.
  • The key players in this market are TE
    Connectivity (Switzerland), SPIROL International
    Corporation (U.S.), Autosplice Inc. (U.S.),
    FINECS Co., Ltd. (Japan), CMS Electronics GmbH
    (Austria), Föhrenbach Application Tooling N.V.
    (Germany), Assembly Automation Technology, Inc.
    (U.S.), Colibri Technologies Pte. Ltd.
    (Singapore), Visumatic Industrial Products
    (U.S.), and Zierick Manufacturing Corporation
  • This research report categorizes the global pin
    insertion machine market based on method,
    industry, and region. This report describes the
    drivers, restraints, opportunities, and
    challenges with respect to the pin insertion
    machine market. The Porters five forces analysis
    has been included in the report with a
    description of each of its forces and their
    respective impact on this market.

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