Title: Future trends of Pin Insertion Machine Market
1MarketsandMarkets Presents
Pin Insertion Machine Market worth 276.7
Million USD by 2022
http//www.marketsandmarkets.com/Market-Reports/pi
n-insertion-machine-market-59263483.html
2- 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
2022"http//www.marketsandmarkets.com/Market-Repo
rts/pin-insertion-machine-market-59263483.htmlEar
ly buyers will receive 10 customization on
reports.
3- 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
rate. - 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.
4- 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
(U.S.). - 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.
5About MarketsandMarkets
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