Pin Insertion Machine Market Size, Share, Opportunities, And Trends By Technology (Press-Fit, Surface Mount Technology, Through Hole Technology), By Method (Oil, Manual, Semi-Automatic, Fully-Automatic), By Industry (Consumer Electronics, Healthcare, IT & Telecommunication, Industrial Machinery, Others), And By Geography - Forecasts From 2025 To 2030

  • Published : Nov 2024
  • Report Code : KSI061610858
  • Pages : 146
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The pin insertion machine market is expected to grow at a CAGR of 4.74%, reaching a market size of US$394.261 million in 2030 from US$312.793 million in 2025.

The increasing demand for digitization, which includes the use of many Internet of Things-enabled mobility products whose latest versions are smartphones and smart wear, and the need to make electronics smaller and smaller, is therefore pulling the need for machines for the insertion of pins, so that assembly of electronic components can be done faster and smoothly. This has led to an increase in the deployment of pin insertion machines on printed circuit board assembly lines, as there is a high demand for constructing PCB systems that offer high precision and strong reliable electrical bonding. 

Moreover, with the rapid expansion of hyperscale data centers that require more electronic devices like touch screen panels - LED, monitor, and motherboards - the popularity of pin insertion machines is on the rise. The pin insertion machines market is growing as more advanced technologies, like smart vehicles with sensors for parking assistance systems and advanced driver assistance systems, are implemented in the automotive sector calling for a greater number of electrical connections in less packaging space.

Pin Insertion Machine Market Drivers:

  • Growing demand for electronic device miniaturization is contributing to the pin insertion machine market's growth

The increasing use of connected devices enabled by the Internet of Things to enhance better real-time applications is contributing to the growth of the market. In addition, due to the rising trend of use of portable electronic devices, there is an increasing demand high portable electronic pin insertion machine. Electronic component insertion machines have found their way into the electronics manufacturing industry in the process of assembling printed circuit boards (PCB) to install connectors or components because of the more compact designs brought about by miniaturization. The market for pin insertion machines is broadening its revenue sources with increasing business organizations embracing digital transformations by investing in artificial intelligence and machine learning platforms to create new business realities.

  • The growing use of connected vehicles is anticipated for the growth of the pin insertion machine market. 

The automotive sector’s rapid transition towards sophisticated vehicles that ensure enhanced customer engagement is driving the growth of the market. As a result of the cutting-edge electronics incorporated into the connected cars which come with features such as – adaptive cruise control, infotainment systems, V2X communication technology, intelligent parking assistance system, and other services based on Artificial intelligence – there is a growing need for pin insertion machines that facilitate fast and effective assembly of connectors in advanced automotive electronics. These systems are designed for extended use and thus require a greater number of electrical connections which is quite limited in the plane interior.

  • Increased demand from the consumer electronics industry will increase the market demand.

Internet of Things-driven connected devices are expected to propel the market share for consumer electronics. The expansion of data centres and cloud computing solutions are causing a sharp increase in demand for motherboards, LED monitors, and touchscreen panels. The insertion of connectors into printed circuit boards is growing in tandem with new miniature connector technologies, which have opened a market for machines dedicated to the accurate insertion of connectors on PCBs.

  • High demand for press-fit technology is anticipated to grow during the forecast period.

Due to its ability to facilitate efficient and rapid pin insertion which minimizes processing duration, press-fit technology has become quite popular in PCB assembly lines. Semiconductor device producers are utilizing this technology rather than the old soldering methods. The technology boasts high mechanical retaining force, high assembly speed, high reliability, and complete elimination of thermal stress to a PCB or connector. Advanced and beneficial features of press-fit technology are also fuelling the growth of the market for pin insertion machines.

Pin Insertion Machine Market Restraints:

  • The occurrence of nesting error is anticipated to hamper the market growth

An automated loader processes, press-fit and through-hole components onto a power circuit board. They are self-contained. During an automatic assembly stage, for instance, pins are systematically taken to the mounting area and stored in a bin or a hopper from where they are delivered in bulk to the mounting assembly. Ideally, the feed system and the feed head should be kept free from any hindrances to minimize the idle time of the machine. 

On the one hand, there are no square ends of the PCB and on the other nesting defects when two slotted pin connectors are joined; these are specific problems with the automatic slotted-pin installation. Failure of the automated systems may occur due to the sticky pins. Should the feeding system be free of jamming, pins are rotated to complete the escapement.

Pin insertion machine Market Geographical Outlook.

  • Asia Pacific is witnessing exponential growth during the forecast period.

The Asia Pacific region is characterized by high market demand owing to the rapid investment in semiconductor manufacturing infrastructure and the fast-paced acceptance of various connected devices. This region is expected to propel the market owing to the high disposable income leading to the consumer electronics craze in the region.

The demand for electric vehicles has increased significantly within the APAC region. Thanks to the emergence of a variety of advanced electronic systems in electric or hybrid vehicles, the miniaturization of electronic components is becoming increasingly important. More so, pin insertion machines are clearly in demand because there is the need for functionality whereby the electronic gadgets must work optimally within a limited space or in harsh conditions.

Pin insertion machine Market Key Launches

  • In July 2021, TE Connectivity declared its definitive agreement to acquire ERNI Group AG to broaden its range of connectivity products, specifically in the areas of high-speed and fine-pitch connectors for industrial applications such as factory automation, automotive, and medical. The purchase of ERNI enhances TE's extensive line of connectivity products, especially in the areas of fine-pitch and high-speed connectors for industrial, automotive, and medical applications as well as factory automation. ERNI increases TE's customer base and presence in several desirable market segments while enhancing TE's engineering and manufacturing footprint and board connectivity capabilities.

The Pin insertion machine market is segmented and analyzed as follows:

  • By Technology
    • Press-Fit
    • Surface Mount Technology
    • Through-Hole Technology
  • By Method
    • Oil
    • Manual
    • Semi-Automatic
    • Fully-Automatic
  • By Industry
    • Consumer Electronics
    • Healthcare
    • IT & Telecommunication
    • Industry Machinery
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Japan
      • Others

Frequently Asked Questions (FAQs)

Q1. What is the size of the global pin insertion machine market?
A1. Pin Insertion Machine Market was valued at US$221.356 million in 2019.


Q2. What will be the pin insertion machine market size by 2026?
A2. The pin insertion machine market is projected to reach a total market size of US$328.032 million by 2026.


Q3. What are the growth prospects for the pin insertion machine market?
A3. The global pin insertion machine market is projected to grow at a CAGR of 5.78% during the forecast period.


Q4. What factors are anticipated to drive the pin insertion machine market growth?
A4. The major factors for the pin insertion machine market growth are rising demand for flexible, cost-effective, and precise techniques for inserting connectors on PCBs, the emerging trend of miniaturization of electronic devices, and recent advancements in automobile electronics.


Q5. How is the global pin insertion machine market segmented?
A5. The global pin insertion machine market has been segmented by technology, method, industry, and geography.

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits to the Stakeholder
2. RESEARCH METHODOLOGY  
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. CXO Perspective
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View 
5. PIN INSERTION MACHINE MARKET BY TECHNOLOGY
5.1. Introduction
5.2. Press-Fit
5.3. Surface Mount Technology
5.4. Through-Hole Technology
6. PIN INSERTION MACHINE MARKET BY METHOD
6.1. Introduction
6.2. Oil
6.3. Manual
6.4. Semi-Automatic
6.5. Fully-Automatic
7. PIN INSERTION MACHINE MARKET BY INDUSTRY
7.1. Introduction
7.2. Consumer Electronics
7.3. Healthcare
7.4. IT & Telecommunication
7.5. Industry Machinery
7.6. Others
8. PIN INSERTION MACHINE MARKET BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. By Technology
8.2.2. By Method
8.2.3. By Industry
8.2.4. By Country
8.2.4.1. USA
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.3.1. By Technology
8.3.2. By Method
8.3.3. By Industry
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Others
8.4. Europe
8.4.1. By Technology
8.4.2. By Method
8.4.3. By Industry
8.4.4. By Country
8.4.4.1. United Kingdom
8.4.4.2. Germany
8.4.4.3. France
8.4.4.4. Italy
8.4.4.5. Spain
8.4.4.6. Others
8.5. Middle East and Africa
8.5.1. By Technology
8.5.2. By Method
8.5.3. By Industry
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.2. UAE
8.5.4.3. Others
8.6. Asia Pacific
8.6.1. By Technology
8.6.2. By Method
8.6.3. By Industry
8.6.4. By Country
8.6.4.1. China
8.6.4.2. Japan
8.6.4.3. India
8.6.4.4. South Korea
8.6.4.5. Indonesia
8.6.4.6. Taiwan
8.6.4.7. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Spirol International Corporation
10.2. TE Connectivity
10.3. Autosplice
10.4. Assembly and Automation Technology Inc
10.5. Visumatic Industrial Products
10.6. Finece Co. Ltd.
10.7. Lazpiur
10.8. Bead Electronics
10.9. Teeming Machinery
10.10. Excellence Wire Ind. Co., Ltd,
10.11. Delta Electronics
10.12. Fei Hong Industry Ltd.
10.13. Panasonic
10.14. SMTnet
10.15. Carlson Engineering

Spirol International Corporation

TE Connectivity

Autosplice

Assembly and Automation Technology Inc

Visumatic Industrial Products

Finece Co. Ltd.

Lazpiur

Bead Electronics

Teeming Machinery

Excellence Wire Ind. Co., Ltd,

Delta Electronics

Fei Hong Industry Ltd.

Panasonic

SMTnet

Carlson Engineering