Press Fit Connectors in Contemporary Automotive Industry

Press fit connector is a connector in which the shaft can be inserted directly in the PCB holes. Since the shaft of the connector is fitted tightly in the PCB holes, the connection can be established without the need for any soldering. Compared to traditional soldering connections, press-fit connections have lesser flaws and avoid excessive and frequent heating of the circuitry. Moreover, press-fit connection allows for a high current-carrying capacity due to its excellent electrical transfer characteristics.

Role played by press fit connectors in the automotive industry

The high current-carrying capacity of press fit connectors makes them suitable for a wide variety of applications. A single press-fit connector allows up to 25-30 A of current to be passed through it and can withstand temperatures in the range of 120-140 degrees Celsius. Such high thermal and electrical transfer properties make them ideal for automotive applications. For instance, press-fit technology plays a vital role in engine controller and transmission control of the internal combustion engine. Moreover, this technology can help in connecting devices and circuitry associated with infotainment systems including screen and navigation devices, audio devices, and Bluetooth system. However, the most exciting application of press-fit technology is its role in autonomous vehicles. Press-fit connectors play a key part in manufacturing major components of autonomous vehicles including camera systems, radar sensors, V2X communication systems, and steering systems.

Future growth opportunities for the market

The press fit connectors market is expected to rise at a CAGR of 4.8% during the 2023-2032 period owing to various growth drivers. Product launches by leading companies in the industry have contributed massively to the growth of this industry. Provertha, a major electromechanical manufacturing company, announced in February 2022, the launch of M12 design connectors for industrial automation applications. Similarly, in November 2022, Interplex made an announcement regarding the launch of its Multi-Row Board-to-Board connectors. Such product launches help the companies to increase their footprint in the industry substantially.

Apart from innovative product launches, the rising demand for consumer electronic devices and infotainment systems in automobiles is projected to augment the growth rate of the market. Moreover, there has been a huge demand for high-speed data transfer solutions from the defense and aerospace industries which might translate in the expansion of this industry. Additionally, the increasing shift towards supercomputing and high-speed networking will open up new growth opportunities for the market in the coming period.

Segmental analysis of the press fit connectors industry has shown that when studied on the basis of application, the automotive segment is set to register an absolute growth of $377 million during the 2023-2032 period. On the other hand, the electronics segment is set to garner a revenue of $167 million during the same period. Based on region, the South Korea press fit connector market is expected to witness the fastest CAGR of 7.56% from 2023 to 2032 period.

The global press fit connectors market, to summarize, is expected to experience tremendous growth due to widespread applicability in the automotive sector. Furthermore, the rise of the market in the South Korea region and product launches by leading companies will further strengthen the position of the market.

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