Middle East and Africa Press Fit Connector Market Research Report: Forecast (2024-2030)
Middle East and Africa Press Fit Connector Market Share - By Type (Compliant Press-In, Cold Press-In), By End User (Automotive, Consumer Electronics, IT & Telecommunications, Milit...ary and Aerospace, Others [Energy & Utility and Healthcare, etc.]), By Country (Saudi Arabia, UAE, Israel, Egypt, South Africa, Rest of the Middle East and Africa), By Company (TE Connectivity, Samtec, Fujitsu, Molex, LLC (Koch Industries Inc.), Amphenol Communications Solutions, ERNI International, HARTING Technology Group, Sumitomo Wiring Systems, 3M, Others) Read more
- ICT & Electronics
- Nov 2023
- 166
- PDF, Excel, PPT
Market Definition
A press-fit connector is a specialized electrical connector designed to establish secure and robust connections between electronic components or printed circuit boards (PCBs) without the need for soldering. Instead of relying on melted solder, these connectors are engineered to be forcefully inserted into appropriately sized holes on a PCB or other compatible components. Press-fit connectors are favored for their ability to eliminate solder-related challenges and offer a durable, solder-free alternative for a variety of electronic applications.
Market Insights & Analysis: Middle East and Africa Press Fit Connector Market (2024-30):
The Middle East and Africa Press Fit Connector Market size is valued at around USD 565.20 million in 2023 and is estimated to grow at a CAGR of around 5.1% during the forecast period, i.e., 2024-30. The market growth is attributed to the increasing adoption of press-fit connectors in automotive circuit boards. Press-fit connectors find applications in critical automotive systems such as engine control units, airbags, infotainment systems, and more.
Modern vehicles in the Middle East & Africa (MEA) region are equipped with advanced electronic systems, including engine control units (ECUs), safety systems, infotainment, and communication modules. These electric and infotainment systems and modules require advanced connectors to support faster rates of data transfer. Their reliability and resistance to environmental factors make them appealing to the automotive industry which is driving up demand for press-fit connectors in the MEA region.
In addition, the surge in consumer electronic manufacturing in the Middle East and Africa region further creates demand for press-fit connectors. Companies such as LG, Samsung, etc. are indulged in electronic manufacturing in South Africa, Saudi Arabia, The UAE, etc. Sophisticated and lightweight consumer electronic products such as smartphones, televisions, laptops, washing machines, etc. require press-fit connectors in their PCB manufacturing augmenting its demand in the region.
Report Coverage | Details |
---|---|
Study Period | Historical Data: 2019-22 |
Base Year: 2023 | |
Forecast Period: 2024-30 | |
CAGR (2023-2028) | 5.1% |
Region Covered | Saudi Arabia, UAE, Israel, Egypt, South Africa, Rest of the Middle East and Africa |
Key Companies Profiled | TE Connectivity, Samtec, Fujitsu, Molex, LLC (Koch Industries Inc.), Amphenol Communications Solutions, ERNI International, HARTING Technology Group, Sumitomo Wiring Systems, 3M, Others. |
Market Size (2023) | USD 565.20 Million |
Furthermore, the employment of press-fit connectors in power distribution systems further creates opportunities in the market. The press-fit connectors provide reliable connections between circuit components and conductors, ensuring the safe and efficient distribution of electrical power. The upcoming investment of Middle Eastern countries in the electricity grids in order to provide uninterrupted electricity supply to consumers would create significant demand for press-fit connectors. For Instance,
- In 2021, according to Energy & Utilities, the Middle East and North Africa region is expected to invest heavily in the development of smart grids to promote clean energy adoption and enhance the efficiency of their electricity systems.
Thus, the increasing adoption of press-fit connectors in PCB manufacturing for the automotive sector coupled with surged consumer electronic manufacturing in the region is expected to augment the market growth in the coming years.
Middle East and Africa Press Fit Connector Market Driver:
Surging Manufacturing of Consumer Electronics to Boost the Market – Middle Eastern countries have witnessed a significant demand for consumer electronics owing to high disposable income and urbanization in the region. The rising demand has led to increased manufacturing facilities in consumer electronics, creating the need for press-fit connectors. For Instance.
- In 2021, the total manufactured electronic products sold in South Africa was about USD 1,396.09 million.
Consumer electronics are lightweight, sophisticated, and smaller devices subjected to frequent handling and travel. Press-fit connectors are efficiently used in these devices as they enable high-density PCB layouts and are engineered for resilience, offering exceptional vibration resistance and durability, and ensuring long-lasting and reliable connections in electronic devices which is expected to drive the growth of the Middle East and Africa Press Fit Connector Market.
Middle East and Africa Press Fit Connector Market Opportunity:
Deployment of Press Fit Connectors in Power Distribution Systems – Press-fit connectors are widely used in the manufacturing of several power distribution systems such as distribution boards, switchgear, circuit breaker panels, etc. They are exclusively used in isolators, miniature circuit breakers (MCB) & power grid manufacturing and provide a reliable and low-resistance connection between busbars and circuit boards or other components, ensuring efficient power distribution.
Middle Eastern countries are extensively focusing on the manufacturing and establishment of power grid systems and smart grid panels. The initiatives and investment by the government bodies in such systems will require press-fit connectors, expected to present good opportunities for the Middle East and Africa Press Fit Connector Market in the coming years.
Middle East and Africa Press Fit Connector Market Challenge:
High Mechanical Stress Leading to Intermittent Connections – Middle Eastern countries are subjected to mechanical stress owing to prevalent equipment and heavy machinery used in the mining industry. The mechanical stress caused by certain vibrations and mechanical shock could lead to connector damage or misalignment, resulting in intermittent or unreliable connections.
Moreover, press-fit connectors require high maintenance and replacement in order to maintain system reliability and check intermittent connections resulting in high operational costs. Hence, the mechanical stress leading to intermittent connections is a significant challenge for the Middle East and Africa Press Fit Connector Market.
Middle East and Africa Press Fit Connector Market Trend:
Inclination Towards the Development of Miniaturized Interconnection Components – The automotive industry is witnessing a notable trend towards smaller, safer, more affordable, and higher-performing vehicles. This transformation is primarily driven by the increasing reliance on electrical control units (ECUs) to manage various vehicle functions. To meet the demand for compact ECUs, manufacturers are focusing on miniaturization. Within each ECU, printed circuit boards (PCBs) are also shrinking in size while accommodating more electrical components.
This shift toward miniaturization necessitates the development of smaller and more efficient interconnection components. Consequently, manufacturers are introducing innovative press-fit connectors designed to meet the demand for compact PCBs, enabling the automotive industry to continue its trajectory towards smaller, safer, and more technologically advanced vehicles which is serving itself as a major trend in the Middle East and Africa Press Fit Connector Market.
Middle East and Africa Press Fit Connector Market (2024-30): Segmentation Analysis
The Middle East and Africa Press Fit Connector Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2024–2030 at the regional level. According to the analysis, the market has been further classified as:
Based on Type:
- Compliant Press-In
- Cold Press-In
The compliant press-in segment is expected to hold a major share in the Middle East and Africa Press Fit Connector Market during the forecast period, owing to its properties of providing gas-tight and highly reliable connections. The compliant press-in fit connectors offer superior thermal performance as compared to the cold press-in which makes it more suitable for temperature variations in Middle Eastern countries.
Moreover, the compliant press-in fit connectors offer the advantage of high-density PCB layouts. They are an ideal choice for industries such as consumer electronics, which demand space-efficient solutions thereby augmenting the market growth of this segment.
Based on End User:
- Automotive
- Consumer Electronics
- IT & Telecommunications
- Military and Aerospace
- Others (Energy & Utility and Healthcare etc.)
The automotive segment holds a major share of the Middle East and Africa Press Fit Connector Market. With the increased manufacturing of electric vehicles and other automotive parts in the region, the demand for press-fit connectors is rising rapidly. The automotive printed circuit boards in vehicles require press-fit connectors for proper functioning. Additionally, the automobile manufacturers in the region are launching new manufacturing facilities which is further boosting the growth of this segment. For Instance,
- In 2023, BMW invested USD 224 Million in its electric vehicle manufacturing plant in South Africa. The plant would manufacture the BMW X3 as a plug-in hybrid for global export.
Hence, the increased number of automobile manufacturers in the Middle East and Africa is promoting market growth.
Middle East and Africa Press Fit Connector Market (2024-2030): Regional Projections
Geographically, the Middle East and Africa Press Fit Connector Market expands across:
- South Africa
- Saudi Arabia
- The UAE
- Egypt
- Israel
- Rest of the Middle East and Africa
South Africa is expected to hold a notable share of the Middle East and Africa Press Fit Connector Market in the forthcoming years owing to the increased manufacturing of consumer electronics in the country. South Africa has a diverse electronic sector including electrical machinery, household appliances, and other types of equipment. According to Statistics South Africa, the country manufactures about USD 95.5 billion worth of electronics per year. Manufacturing companies such as San-Pro Solutions, Optimal TV, Swift Electronics, etc. produce a large range of electronic components, including generators, transformers, insulators, etc.
The manufacturing of all these electronic products requires press-fit connectors for printed circuit boards. The press-fit connectors offer better performance for electric appliances leading to the growth of the market. Moreover, the country also manufactures automotive parts for electric vehicles further augmenting the market growth in the country.
Gain a Competitive Edge with Our Middle East and Africa Press Fit Connector Market Report
- Middle East and Africa Press Fit Connector Market Report by Markntel Advisors provides a detailed & thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps business organizations to gain a holistic understanding of the market dynamics & make informed decisions.
- This report also highlights current market trends & future projections, allowing business organizations to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
- Middle East and Africa Press Fit Connector Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, business organizations can develop strategies to minimize risks & optimize their operations.
Frequently Asked Questions
- Market Segmentation
- Introduction
- Market Definition
- Research Process
- Assumptions
- The Middle East and Africa Press Fit Connector Market Supply Chain Analysis
- The Middle East and Africa Press Fit Connector Market Trends & Insight
- The Middle East and Africa Press Fit Connector Market Dynamics
- Growth Drivers
- Challenges
- The Middle East and Africa Press Fit Connector Market Hotspots & Opportunities
- The Middle East and Africa Press Fit Connector Market Policies, Regulations, Product Standards
- The Middle East and Africa Press Fit Connector Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type
- Compliant Press-In- Market Size & Forecast 2019-2030, (USD Million)
- Cold Press-In- Market Size & Forecast 2019-2030, (USD Million)
- By End User
- Automotive- Market Size & Forecast 2019-2030, (USD Million)
- Consumer Electronics- Market Size & Forecast 2019-2030, (USD Million)
- IT & Telecommunications- Market Size & Forecast 2019-2030, (USD Million)
- Military and Aerospace- Market Size & Forecast 2019-2030, (USD Million)
- Others (Energy & Utility and Healthcare, etc.) Market Size & Forecast 2019-2030, (USD Million)
- By Country
- Saudi Arabia
- The UAE
- Israel
- Egypt
- South Africa
- Rest of the Middle East and Africa
- By Company
- Competition Characteristics
- Market Share of Leading Companies, By Revenues
- By Type
- Market Size & Analysis
- Saudi Arabia Press Fit Connector Market Outlook, 2019- 2030F
- Market Size and Analysis
- By Revenues (USD Million)
- Market Share and Analysis
- By Type- Market Size & Forecast 2019-2030, (USD Million)
- By End User- Market Size & Forecast 2019-2030, (USD Million)
- Market Size and Analysis
- The UAE Press Fit Connector Market Outlook, 2019- 2030F
- Market Size and Analysis
- By Revenues (USD Million)
- Market Share and Analysis
- By Type- Market Size & Forecast 2019-2030, (USD Million)
- By End User- Market Size & Forecast 2019-2030, (USD Million)
- Market Size and Analysis
- Israel Press Fit Connector Market Outlook, 2019- 2030F
- Market Size and Analysis
- By Revenues (USD Million)
- Market Share and Analysis
- By Type- Market Size & Forecast 2019-2030, (USD Million)
- By End User- Market Size & Forecast 2019-2030, (USD Million)
- Market Size and Analysis
- Egypt Press-Fit Connector Market Outlook, 2019- 2030F
- Market Size and Analysis
- By Revenues (USD Million)
- Market Share and Analysis
- By Type- Market Size & Forecast 2019-2030, (USD Million)
- By End User- Market Size & Forecast 2019-2030, (USD Million)
- Market Size and Analysis
- The South Africa Press-Fit Connector Market Outlook, 2019- 2030F
- Market Size and Analysis
- By Revenues (USD Million)
- Market Share and Analysis
- By Type- Market Size & Forecast 2019-2030, (USD Million)
- By End User- Market Size & Forecast 2019-2030, (USD Million)
- Market Size and Analysis
- The Middle East and Africa Press Fit Connector Market Key Strategic Imperatives for Growth & Success
- Competition Outlook
- Company Profiles
- TE Connectivity
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Samtec
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Fujitsu
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Molex, LLC (Koch Industries Inc.)
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Amphenol Communications Solutions
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- ERNI International
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- HARTING Technology Group
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Sumitomo Wiring Systems
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- 3M
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- TE Connectivity
- Company Profiles
- Disclaimer