Automatic Pin Insertion Machines Market: Introduction

There are various pin insertion technologies namely, the press fit technology, through-hole technology and surface mount technology. Each of these technologies have their special advantages. The press fit technology shows good resistance against environmental changes and better stability. Through hole technology or through mounting is a process through which the leads of the component are placed in holes on a printed circuit board. The through hole technology is used for products requiring stronger connections between the layers. This technology is generally used in aerospace and military products which often experience strong collisions, extreme weather conditions and collisions and increasing temperatures. The surface mount technology (SMT) involves a process wherein there is direct mounting of the components on the PCB surface. It was also called as planar mounting. Electronic devices contain hardware which is manufactured with the help of SMT these days. Pin insertion machines are typically used to insert small connectors on printed circuit boards (PCBs). There are methods for pin insertion depending upon the type of the job. Manual semi-automatic and automatic pin insertion methods are used. The automatic pin insertion method is recent and more popular than the manual and semi-automatic methods owing to the dynamic functionality offered and effectively better performance shown. Automatic pin insertion machines find application in different industries such as consumer electronics, telecommunications, automotive, aerospace, military and defence, industrial machinery, medical equipment and energy industry. The automotive sector and the consumer electronics sector find intense usage of the automatic pin insertion machines. The increasing need for speed sensors, security systems, safety systems is increasing the popularity of automatic pin insertion in these industries.

Automatic Pin Insertion Machines Market: Drivers

The era of modern technology has revolutionised many processes and has brought many structural changes to suit the new concepts which go in line with convenient usability, durability, power efficiency and favourable output. The trend of miniaturization is on the rise, especially in electronic devices which is impacting the global market for automatic pin insertion machines. The increasing need for flexible and cost effective manufacturing of electronic devices, increased demand of precision in techniques for the insertion of connectors on printed circuit boards (PCBs) and the increased adoption of these automated installation machines in the medical field, especially in surgical instruments is driving the growth of the global automatic pin insertion machines market. Moreover, the rise in technologies have spurred new innovations in automotive industry which is lucrative industry for the pin insertion machines market. The rising technological needs in automotive and the consumer electronics industries have contributed to the growth of the global automatic pin insertion machines market. The increased adoption of optoelectronics and components of smaller sizes has compelled the manufacturers of electronic devices to consider investing heavily in automatic pin insertion machines, owing to the feature of convenient placement of pins on the printed circuit boards automatically. Other aspects such as reducing manufacturing costs thereby increasing profits, improvisation of manufacturing processes and eradicating re-work are few advantages that the automatic pin insertion machines offer which has encouraged the adoption of this method thereby contributing to the growth of this market.

Automatic Pin Insertion Machines Market: Restraints

Certain factors that can pull the legs of the global automatic pin insertion machines market are related to the challenges faced by this method. The manufacturing costs are less however, the installation costs of the system is relatively higher as compared to the manual and semi-automatic pin insertion techniques. This cost may also rise if they are used to do jobs where work with very high volumes and complex designs are involved. This generally happens when customization of the system takes place according to the job and design of the components. Other problems such as tips with burrs, pitch problems, sharp cut-offs, uneven tangles and winding and scraping of plating cause coil breakage, increased machine downtime, increased mating forces and inconsistent dimensions and poor reliability of the contact pins which are major restraints of the automatic pin insertion machines market.

Automatic Pin Insertion Machines Market: Regions

North America (US, Mexico and Canada) and Europe have good potential owing to higher technological background and strong technological base. The US and Canada regions are expected to show steady growth and Europe and APAC are more likely to show higher growth potential in the global automatic pin insertion machines market in the coming years.

Automatic Pin Insertion Machines Market: Key Companies

There are several companies that deal with automatic pin insertion machines such as TE Connectivity, Southern Machinery, Spirol International Corporation, Advanced Engineered Systems Inc., Colibri Automation, Autosplice Inc. and Nian Chin Machinery Co. Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Automatic Pin Insertion Machines Market

Pre Book