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Press Fit Connector Market To Grow Owing To Rising Demand From Industrial And Automotive Sectors By 2021 | Million Insights
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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.
Full Research Report On Global Press Fit Connector Market Analysis available at: https://www.millioninsights.com/industry-reports/press-fit-connector-market?utm_source=Pressrelease&utm_medium=Referral&utm_campaign=Openpr_Nov22&utm_content=Content
There are different types of press-fit connectors, including those with solid pins which don’t contort during insertion and compliant pins which compress or comply during insertion. Press-fit connectors are utilized in all sorts of applications, from data and communication to transportation and mechanics. Their dependable structure, functionality, efficiency, and numerous advantages over solderless technology make them quite popular.
The factors that propel the growth of the Press Fit Connector Market include growth in the industrial and automotive sectors. In addition, the rising demand for mobility and connectivity in consumer electronics and testing services also fuels the growth of the market. Moreover, the increasing deployment of safety systems in automobiles will also have a positive impact on the market growth.
On the other hand, there are also factors that may hamper the growth of the market such as necessity for high initial investments and the instable market dynamics. Press Fit Connector Market is classified on the basis of application as computer, aerospace, national defense and electronic product. Press Fit Connector Market is classified on the basis of product type as brass connecter and stainless steel connecter. Press Fit Connector Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.
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The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and North Africa.
Some of the key players that fuel the growth of the Press Fit Connector Market include TE, Samtec, Amphenol, Molex, Hirose, Amphenol FCI, JAE, JST, HARTING, Yamaichi, ERNI, Fujitsu International, Electrotechnical Commission, and MicroTCA.
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/consumer-electronics
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