1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION AND SCOPE 26
1.2.1 INCLUSIONS AND EXCLUSIONS 27
1.3 STUDY SCOPE 28
1.3.1 MARKETS COVERED 28
FIGURE 1 PIN INSERTION MACHINE MARKET 28
1.3.2 GEOGRAPHIC SCOPE 28
1.3.3 YEARS CONSIDERED 29
1.4 CURRENCY 29
1.5 STAKEHOLDERS 29
1.6 SUMMARY OF CHANGES 30

2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
FIGURE 2 PIN INSERTION MACHINE MARKET: RESEARCH DESIGN 31
2.1.1 SECONDARY DATA 32
2.1.1.1 Key data from secondary sources 32
2.1.2 PRIMARY DATA 32
2.1.2.1 Key data from primary sources 33
2.1.2.2 Key industry insights 34
2.1.2.3 Breakdown of primary interviews 34
2.2 MARKET SIZE ESTIMATION 34
2.2.1 BOTTOM-UP APPROACH 35
2.2.1.1 Approach for capturing market size by bottom-up analysis
(demand side) 35
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 35
2.2.2 TOP-DOWN APPROACH 36
2.2.2.1 Approach for capturing market size by top-down analysis
(supply side) 36
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 36
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 37
FIGURE 5 DATA TRIANGULATION 37
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 38
2.4.1 ASSUMPTIONS 38
2.4.2 LIMITATIONS 39

3 EXECUTIVE SUMMARY 40
3.1 IMPACT OF COVID-19 ON PIN INSERTION MACHINE MARKET 41
FIGURE 6 COMPARISON OF PRE- AND POST-COVID-19 MARKET SIZE AND CAGR, 2017-2025 41
FIGURE 7 PIN INSERTION MACHINE MARKET, BY INSERTION PLATFORM,
2020-2025 (USD MILLION) 42
FIGURE 8 MARKET FOR FULLY AUTOMATIC METHOD OF PIN INSERTION MACHINE TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 42
FIGURE 9 AUTOMOTIVE APPLICATION OF PIN INSERTION MACHINE MARKET TO GROW AT HIGHEST CAGR BETWEEN 2020 AND 2025 43
FIGURE 10 APAC TO BE MOST FAVORABLE REGION FOR PIN INSERTION MACHINE MARKET IN 2025 44

4 PREMIUM INSIGHTS 45
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN PIN INSERTION MACHINE MARKET 45
FIGURE 11 PIN INSERTION MACHINES TO WITNESS HIGH ADOPTION RATE DURING FORECAST PERIOD 45
4.2 PIN INSERTION MACHINE MARKET SIZE, BY APPLICATION 45
FIGURE 12 MARKET FOR AUTOMOTIVE APPLICATION TO GROW AT HIGHEST CAGR BETWEEN 2020 AND 2025 45
4.3 PIN INSERTION MACHINE MARKET, BY TECHNOLOGY 46
FIGURE 13 PRESS-FIT TECHNOLOGY HELD LARGEST MARKET SHARE FROM

2019 TO 2025 46
4.4 PIN INSERTION MACHINE MARKET FOR PRESS-FIT TECHNOLOGY, BY TYPE 46
FIGURE 14 MULTI-PIN INSERTION USING PRESS-FIT TECHNOLOGY TO OBSERVE HIGH ADOPTION RATE IN 2025 46
4.5 PIN INSERTION MACHINE MARKET, BY METHOD AND APPLICATION 47
FIGURE 15 CONSUMER ELECTRONICS AND AUTOMOTIVE TO BE MOST FAVORABLE INDUSTRIES FOR PIN INSERTION MACHINE MARKET IN 2025 47

5 MARKET OVERVIEW 48
5.1 INTRODUCTION 48
5.2 MARKET DYNAMICS 48
FIGURE 16 PIN INSERTION MACHINE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 48
5.2.1 DRIVERS 49
5.2.1.1 Emerging trend of miniaturization of electronic devices 49
5.2.1.2 Rising demand for flexible, cost-effective, and precise techniques for inserting connectors on PCBs 49
5.2.1.3 Growing deployment of pin installation machines in surgical instrument assembly 50
5.2.1.4 Surging demand for data centers complemented by COVID-19 50
FIGURE 17 DATA CENTER TRAFFIC, BY 2021 (ZETTABYTE) 50
FIGURE 18 ESTIMATED NUMBER OF HYPERSCALE DATA CENTERS, BY 2021 51
5.2.1.5 Increasing adoption of IoT-enabled connected devices amid
COVID-19 51
FIGURE 19 ESTIMATION OF IOT CONNECTIONS BY 2025 (BILLION) 52
FIGURE 20 PIN INSERTION MACHINE MARKET DRIVERS: IMPACT ANALYSIS 53
5.2.2 RESTRAINTS 53
5.2.2.1 Requirement for huge capital to deploy semi-automatic and automatic machinery for pin insertion 53
5.2.2.2 Occurrence of nesting error during feed—major issue with automated pin installation 53
FIGURE 21 PIN INSERTION MACHINE MARKET RESTRAINTS: IMPACT ANALYSIS 54
5.2.3 OPPORTUNITIES 54
5.2.3.1 Recent innovations in sophisticated automotive electronics 54
5.2.3.2 Huge prospects for pin insertion machine market in
aerospace & defense 54
FIGURE 22 TRENDS IN WORLD MILITARY EXPENDITURE FOR THE PAST THREE
YEARS (USD BILLION) 55
FIGURE 23 PIN INSERTION MACHINE MARKET OPPORTUNITIES: IMPACT ANALYSIS 55
5.2.4 CHALLENGES 56
5.2.4.1 Issues related to pin pressing while inserting pins in circuit boards 56
5.2.4.2 Investment in machinery deeply impacted by COVID-19 56
FIGURE 24 PIN INSERTION MACHINE MARKET CHALLENGES: IMPACT ANALYSIS 57
5.3 PRICE TREND ANALYSIS 57
5.4 REGULATORY UPDATE 58
5.5 VALUE CHAIN ANALYSIS 58
FIGURE 25 VALUE CHAIN ANALYSIS: PIN INSERTION MACHINE MANUFACTURERS ADD MAJOR VALUE 58
5.6 PIN INSERTION MACHINE MARKET ECOSYSTEM 59
5.7 TECHNOLOGY ANALYSIS 60
5.7.1 PRESS-FIT TECHNOLOGY 60
TABLE 1 COMPARISON OF BENEFITS OF PRESS-FIT TECHNOLOGY WITH OTHER TECHNOLOGIES 60
5.8 PATENT ANALYSIS 61
TABLE 2 SOME KEY INNOVATIONS & PATENT REGISTRATIONS, 2003-2019 61
5.9 CASE STUDY ANALYSIS 62
5.9.1 ODD FORM FACTOR COMPONENT HANDLING FOR PCB ASSEMBLY 62
5.9.2 G2 TECHNOLOGIES AUTOMATES CONNECTOR PIN INSPECTION IN AEROSPACE APPLICATIONS 62

6 PIN INSERTION MACHINE MARKET, BY METHOD 63
6.1 INTRODUCTION 64
TABLE 3 PIN INSERTION MACHINE MARKET, BY METHOD, 2017-2019 (USD MILLION) 64
TABLE 4 PIN INSERTION MACHINE MARKET, BY METHOD, 2020-2025 (USD MILLION) 64
TABLE 5 PIN INSERTION MACHINE MARKET, BY METHOD, 2017-2019 (# UNITS) 64
TABLE 6 PIN INSERTION MACHINE MARKET, BY METHOD, 2020-2025 (# UNITS) 65
FIGURE 26 FULLY AUTOMATIC PIN INSERTION MACHINES TO GROW AT HIGHEST CAGR BETWEEN 2020 AND 2025 65
6.2 MANUAL METHOD 66
6.2.1 MANUAL PIN INSERTION MACHINES PREFERRED FOR LOW-VOLUME APPLICATIONS WHICH REQUIRE SKILLED AND DEDICATED EMPLOYEES 66
TABLE 7 PIN INSERTION MACHINE MARKET FOR MANUAL METHOD, BY APPLICATION, 2017-2019 (USD MILLION) 66
TABLE 8 PIN INSERTION MACHINE MARKET FOR MANUAL METHOD, BY APPLICATION, 2020-2025 (USD MILLION) 67
FIGURE 27 MANUAL PIN INSERTION MACHINE MARKET FOR AEROSPACE & DEFENSE APPLICATION TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 67
TABLE 9 PIN INSERTION MACHINE MARKET FOR MANUAL METHOD, BY TECHNOLOGY, 2017-2019 (USD MILLION) 68
TABLE 10 PIN INSERTION MACHINE MARKET FOR MANUAL METHOD, BY TECHNOLOGY, 2020-2025 (USD MILLION) 68
6.3 SEMI-AUTOMATIC METHOD 68
6.3.1 SEMI-AUTOMATIC PIN INSERTION MACHINES TO ACCOUNT FOR LARGEST MARKET SHARE 68
TABLE 11 PIN INSERTION MACHINE MARKET FOR SEMI-AUTOMATIC METHOD,
BY APPLICATION, 2017-2019 (USD MILLION) 69
TABLE 12 PIN INSERTION MACHINE MARKET FOR SEMI-AUTOMATIC METHOD,
BY APPLICATION, 2020-2025 (USD MILLION) 69
FIGURE 28 AUTOMOTIVE APPLICATION TO GROW AT HIGHEST RATE FOR SEMI-AUTOMATIC PIN INSERTION MACHINES DURING FORECAST PERIOD 70
TABLE 13 PIN INSERTION MACHINE MARKET FOR SEMI-AUTOMATIC METHOD,
BY TECHNOLOGY, 2017-2019 (USD MILLION) 70
TABLE 14 PIN INSERTION MACHINE MARKET FOR SEMI-AUTOMATIC METHOD,
BY TECHNOLOGY, 2020-2025 (USD MILLION) 70
6.4 FULLY AUTOMATIC METHOD 71
6.4.1 REDUCED MANUFACTURING COSTS, IMPROVISATION OF MANUFACTURING PROCESS, AND MINIMAL REWORK FEW ADVANTAGES OF FULLY AUTOMATIC PIN INSERTION MACHINES 71
TABLE 15 PIN INSERTION MACHINE MARKET FOR FULLY AUTOMATIC METHOD,
BY APPLICATION, 2017-2019 (USD MILLION) 71
TABLE 16 PIN INSERTION MACHINE MARKET FOR FULLY AUTOMATIC METHOD,
BY APPLICATION, 2020-2025 (USD MILLION) 72
FIGURE 29 AUTOMOTIVE APPLICATION TO GROW AT FASTER RATE THAN OTHER INDUSTRIES FOR FULLY AUTOMATIC PIN INSERTION METHOD DURING FORECAST PERIOD 72
TABLE 17 PIN INSERTION MACHINE MARKET FOR FULLY AUTOMATIC METHOD,
BY TECHNOLOGY, 2017-2019 (USD MILLION) 73
TABLE 18 PIN INSERTION MACHINE MARKET FOR FULLY AUTOMATIC METHOD,
BY TECHNOLOGY, 2020-2025 (USD MILLION) 73

7 PIN INSERTION MACHINE MARKET, BY TECHNOLOGY 74
7.1 INTRODUCTION 75
TABLE 19 PIN INSERTION MACHINE MARKET SIZE, BY TECHNOLOGY,
2017-2019 (USD MILLION) 75
TABLE 20 PIN INSERTION MACHINE MARKET SIZE, BY TECHNOLOGY,
2020-2025 (USD MILLION) 75
7.2 PRESS-FIT TECHNOLOGY 75
7.2.1 SINGLE PIN INSERTION 76
7.2.2 MULTI-PIN INSERTION 76
TABLE 21 PIN INSERTION MACHINE MARKET FOR PRESS-FIT TECHNOLOGY, BY TYPE, 2017-2019 (USD MILLION) 76
TABLE 22 PIN INSERTION MACHINE MARKET FOR PRESS-FIT TECHNOLOGY, BY TYPE, 2020-2025 (USD MILLION) 76
TABLE 23 PIN INSERTION MACHINE MARKET FOR PRESS-FIT TECHNOLOGY,
BY METHOD, 2017-2019 (USD MILLION) 77
TABLE 24 PIN INSERTION MACHINE MARKET FOR PRESS-FIT TECHNOLOGY,
BY METHOD, 2020-2025 (USD MILLION) 77
7.2.3 ADVANTAGES OF PRESS-FIT TECHNOLOGY 77
7.3 SURFACE-MOUNT TECHNOLOGY (SMT) 78
7.3.1 ADVANTAGES OF SMT 78
7.4 THROUGH-HOLE TECHNOLOGY (THT) 78
TABLE 25 DIFFERENCES BETWEEN SURFACE-MOUNTED TECHNOLOGY AND THROUGH- HOLE TECHNOLOGY 79
TABLE 26 PIN INSERTION MACHINE MARKET FOR THT, BY METHOD,
2017-2019 (USD MILLION) 79
TABLE 27 PIN INSERTION MACHINE MARKET FOR THT, BY METHOD,
2020-2025 (USD MILLION) 79

8 PIN INSERTION MACHINE MARKET, BY INSERTION PLATFORM 80
8.1 INTRODUCTION 81
TABLE 28 PIN INSERTION MACHINE MARKET, BY INSERTION PLATFORM,
2017-2019 (USD MILLION) 81
TABLE 29 PIN INSERTION MACHINE MARKET, BY INSERTION PLATFORM,
2020-2025 (USD MILLION) 81
8.2 PCB 82
8.3 COIL FRAME 82
8.4 LEAD FRAME 82
8.5 TRANSFORMER 82
8.6 PLASTIC CONNECTOR 83
8.7 METAL COMPONENT 83

9 PIN INSERTION MACHINE MARKET, BY APPLICATION 84
9.1 INTRODUCTION 85
TABLE 30 PIN INSERTION MACHINE MARKET, BY APPLICATION,
2017-2019 (USD MILLION) 85
TABLE 31 PIN INSERTION MACHINE MARKET, BY APPLICATION,
2020-2025 (USD MILLION) 86
FIGURE 30 PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION TO GROW AT HIGHEST RATE BETWEEN 2020 AND 2025 87
9.2 TELECOMMUNICATIONS 87
9.2.1 INCREASING DEMAND FOR WIRELESS TELECOMMUNICATION INFRASTRUCTURE DRIVING DEMAND FOR HIGH PRECISION PIN INSERTION MACHINES 87
TABLE 32 PIN INSERTION MACHINE MARKET FOR TELECOMMUNICATIONS APPLICATION, BY METHOD, 2017-2019 (USD MILLION) 87
TABLE 33 PIN INSERTION MACHINE MARKET FOR TELECOMMUNICATIONS APPLICATION, BY METHOD, 2020-2025 (USD MILLION) 88
TABLE 34 PIN INSERTION MACHINE MARKET FOR TELECOMMUNICATIONS APPLICATION, BY REGION, 2017-2019 (USD THOUSAND) 88
TABLE 35 PIN INSERTION MACHINE MARKET FOR TELECOMMUNICATIONS APPLICATION, BY REGION, 2020-2025 (USD THOUSAND) 88
TABLE 36 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR TELECOMMUNICATIONS APPLICATION, BY COUNTRY,
2017-2019 (USD THOUSAND) 89
TABLE 37 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR TELECOMMUNICATIONS APPLICATION, BY COUNTRY,
2020-2025 (USD THOUSAND) 89
TABLE 38 EUROPE PIN INSERTION MACHINE MARKET FOR TELECOMMUNICATIONS APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 89
TABLE 39 EUROPE PIN INSERTION MACHINE MARKET FOR TELECOMMUNICATIONS APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 90
TABLE 40 APAC PIN INSERTION MACHINE MARKET FOR TELECOMMUNICATIONS APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 90
TABLE 41 APAC PIN INSERTION MACHINE MARKET FOR TELECOMMUNICATIONS APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 90
9.3 CONSUMER ELECTRONICS 91
9.3.1 MINIATURIZATION TREND OF ELECTRONIC DEVICES DEMANDS CONVENIENT COMPONENT INSERTION IN PCB 91
TABLE 42 PIN INSERTION MACHINE MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY METHOD, 2017-2019 (USD MILLION) 91
TABLE 43 PIN INSERTION MACHINE MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY METHOD, 2020-2025 (USD MILLION) 91
FIGURE 31 PIN INSERTION MARKET FOR CONSUMER ELECTRONICS APPLICATION TO BE DOMINATED BY SEMI-AUTOMATIC METHOD DURING FORECAST PERIOD 92
TABLE 44 PIN INSERTION MACHINE MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY REGION, 2017-2019 (USD MILLION) 92
TABLE 45 PIN INSERTION MACHINE MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY REGION, 2020-2025 (USD MILLION) 93
TABLE 46 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 93
TABLE 47 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 93
TABLE 48 EUROPE PIN INSERTION MACHINE MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 94
TABLE 49 EUROPE PIN INSERTION MACHINE MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 94
TABLE 50 APAC PIN INSERTION MACHINE MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 94
TABLE 51 APAC PIN INSERTION MACHINE MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 95
9.4 AEROSPACE & DEFENSE 95
9.4.1 HUGE PROSPECTS FOR PIN INSERTION MACHINE MARKET IN AEROSPACE & DEFENSE SECTOR 95
TABLE 52 PIN INSERTION MACHINE MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY METHOD, 2017-2019 (USD MILLION) 96
TABLE 53 PIN INSERTION MACHINE MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY METHOD, 2020-2025 (USD MILLION) 96
TABLE 54 PIN INSERTION MACHINE MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY REGION, 2017-2019 (USD THOUSAND) 96
TABLE 55 PIN INSERTION MACHINE MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY REGION, 2020-2025 (USD THOUSAND) 97
TABLE 56 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 97
TABLE 57 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 97
TABLE 58 EUROPE PIN INSERTION MACHINE MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 97
TABLE 59 EUROPE PIN INSERTION MACHINE MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 98
TABLE 60 APAC PIN INSERTION MACHINE MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 98
TABLE 61 APAC PIN INSERTION MACHINE MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 98
9.5 AUTOMOTIVE 99
9.5.1 USE OF SOLDERLESS PRESS-FIT TERMINALS IN SEVERAL ELECTRONIC COMPONENTS OF AUTOMOBILES ATTRIBUTING TO MARKET GROWTH 99
TABLE 62 PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION,
BY METHOD, 2017-2019 (USD MILLION) 99
TABLE 63 PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION,
BY METHOD, 2020-2025 (USD MILLION) 100
TABLE 64 PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION,
BY REGION, 2017-2019 (USD THOUSAND) 100
TABLE 65 PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION,
BY REGION, 2020-2025 (USD THOUSAND) 100
FIGURE 32 APAC EXPECTED TO DOMINATE PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION DURING FORECAST PERIOD 101
TABLE 66 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 101
TABLE 67 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 101
TABLE 68 EUROPE PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 102
TABLE 69 EUROPE PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 102
TABLE 70 APAC PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION,
BY COUNTRY, 2017-2019 (USD THOUSAND) 102
TABLE 71 APAC PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION,
BY COUNTRY, 2020-2025 (USD THOUSAND) 103
9.6 MEDICAL 103
9.6.1 INCREASING COMPLEXITY OF PCBS AND ADVANCEMENTS IN MEDICAL ELECTRONICS DRIVING DEMAND FOR PIN INSERTION MACHINES 103
TABLE 72 PIN INSERTION MACHINE MARKET FOR MEDICAL APPLICATION, BY METHOD, 2017-2019 (USD MILLION) 103
TABLE 73 PIN INSERTION MACHINE MARKET FOR MEDICAL APPLICATION, BY METHOD, 2020-2025 (USD MILLION) 104
TABLE 74 PIN INSERTION MACHINE MARKET FOR MEDICAL APPLICATION, BY REGION, 2017-2019 (USD THOUSAND) 104
TABLE 75 PIN INSERTION MACHINE MARKET FOR MEDICAL APPLICATION, BY REGION, 2020-2025 (USD THOUSAND) 104
TABLE 76 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR MEDICAL APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 105
TABLE 77 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR MEDICAL APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 105
TABLE 78 EUROPE PIN INSERTION MACHINE MARKET FOR MEDICAL APPLICATION,
BY COUNTRY, 2017-2019 (USD THOUSAND) 105
TABLE 79 EUROPE PIN INSERTION MACHINE MARKET FOR MEDICAL APPLICATION,
BY COUNTRY, 2020-2025 (USD THOUSAND) 106
TABLE 80 APAC PIN INSERTION MACHINE MARKET FOR MEDICAL APPLICATION,
BY COUNTRY, 2017-2019 (USD THOUSAND) 106
TABLE 81 APAC PIN INSERTION MACHINE MARKET FOR MEDICAL APPLICATION,
BY COUNTRY, 2020-2025 (USD THOUSAND) 106
9.7 INDUSTRIAL 107
9.7.1 GROWTH DRIVEN BY EVER-INCREASING DEMAND FOR MEMORY DEVICES 107
TABLE 82 PIN INSERTION MACHINE MARKET FOR INDUSTRIAL APPLICATION,
BY METHOD, 2017-2019 (USD MILLION) 107
TABLE 83 PIN INSERTION MACHINE MARKET FOR INDUSTRIAL APPLICATION,
BY METHOD, 2020-2025 (USD MILLION) 107
FIGURE 33 FULLY AUTOMATIC PIN INSERTION METHOD TO GROW AT FASTER RATE THAN OTHER METHODS FOR INDUSTRIAL APPLICATION DURING FORECAST PERIOD 108
TABLE 84 PIN INSERTION MACHINE MARKET FOR INDUSTRIAL APPLICATION,
BY REGION, 2017-2019 (USD THOUSAND) 108
TABLE 85 PIN INSERTION MACHINE MARKET FOR INDUSTRIAL APPLICATION,
BY REGION, 2020-2025 (USD THOUSAND) 108
TABLE 86 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR INDUSTRIAL APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 109
TABLE 87 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR INDUSTRIAL APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 109
TABLE 88 EUROPE PIN INSERTION MACHINE MARKET FOR INDUSTRIAL APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 109
TABLE 89 EUROPE PIN INSERTION MACHINE MARKET FOR INDUSTRIAL APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 110
TABLE 90 APAC PIN INSERTION MACHINE MARKET FOR INDUSTRIAL APPLICATION,
BY COUNTRY, 2017-2019 (USD THOUSAND) 110
TABLE 91 APAC PIN INSERTION MACHINE MARKET FOR INDUSTRIAL APPLICATION,
BY COUNTRY, 2020-2025 (USD THOUSAND) 110
9.8 ENERGY & POWER 111
9.8.1 DEMAND FOR COMPACT CIRCUITS IN POWER APPLICATIONS TO DRIVE MARKET 111
TABLE 92 PIN INSERTION MACHINE MARKET FOR ENERGY & POWER APPLICATION,
BY METHOD, 2017-2019 (USD THOUSAND) 111
TABLE 93 PIN INSERTION MACHINE MARKET FOR ENERGY & POWER APPLICATION,
BY METHOD, 2020-2025 (USD THOUSAND) 111
TABLE 94 PIN INSERTION MACHINE MARKET FOR ENERGY & POWER APPLICATION,
BY REGION, 2017-2019 (USD THOUSAND) 112
TABLE 95 PIN INSERTION MACHINE MARKET FOR ENERGY & POWER APPLICATION,
BY REGION, 2020-2025 (USD THOUSAND) 112
TABLE 96 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR ENERGY & POWER APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 112
TABLE 97 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR ENERGY & POWER APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 113
TABLE 98 EUROPE PIN INSERTION MACHINE MARKET FOR ENERGY & POWER APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 113
TABLE 99 EUROPE PIN INSERTION MACHINE MARKET FOR ENERGY & POWER APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 113
TABLE 100 APAC PIN INSERTION MACHINE MARKET FOR ENERGY & POWER APPLICATION, BY COUNTRY, 2017-2019 (USD THOUSAND) 114
TABLE 101 APAC PIN INSERTION MACHINE MARKET FOR ENERGY & POWER APPLICATION, BY COUNTRY, 2020-2025 (USD THOUSAND) 114
9.9 OTHERS 114
9.9.1 DEMAND FOR PIN INSERTION MACHINES TO INCREASE IN PACKAGING, TRANSPORTATION, AND BIOMEDICAL SECTORS IN COMING YEARS 114
TABLE 102 PIN INSERTION MACHINE MARKET FOR OTHER APPLICATIONS, BY METHOD, 2017-2019 (USD THOUSAND) 115
TABLE 103 PIN INSERTION MACHINE MARKET FOR OTHER APPLICATIONS, BY METHOD, 2020-2025 (USD THOUSAND) 115
TABLE 104 PIN INSERTION MACHINE MARKET SIZE FOR OTHER APPLICATIONS,
BY REGION, 2017-2019 (USD THOUSAND) 115
TABLE 105 PIN INSERTION MACHINE MARKET SIZE FOR OTHER APPLICATIONS,
BY REGION, 2020-2025 (USD THOUSAND) 116
TABLE 106 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2017-2019 (USD THOUSAND) 116
TABLE 107 NORTH AMERICA PIN INSERTION MACHINE MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2020-2025 (USD THOUSAND) 116
TABLE 108 EUROPE PIN INSERTION MACHINE MARKET FOR OTHER APPLICATIONS,
BY COUNTRY, 2017-2019 (USD THOUSAND) 116
TABLE 109 EUROPE PIN INSERTION MACHINE MARKET FOR OTHER APPLICATIONS,
BY COUNTRY, 2020-2025 (USD THOUSAND) 117
TABLE 110 APAC PIN INSERTION MACHINE MARKET FOR OTHER APPLICATIONS,
BY COUNTRY, 2017-2019 (USD THOUSAND) 117
TABLE 111 APAC PIN INSERTION MACHINE MARKET FOR OTHER APPLICATIONS,
BY COUNTRY, 2020-2025 (USD THOUSAND) 117
9.10 MOST NEGATIVELY IMPACTED APPLICATION SEGMENT BY COVID-19 118
9.10.1 AUTOMOTIVE 118
FIGURE 34 PRE- AND POST-COVID-19 MARKET COMPARISON FOR AUTOMOTIVE APPLICATION SEGMENT 118
TABLE 112 PIN INSERTION MACHINE MARKET FOR AUTOMOTIVE APPLICATION,
BY PRE- AND POST-COVID-19 SCENARIO, 2017-2025 (USD MILLION) 118
9.11 LEAST IMPACTED APPLICATION SEGMENT BY COVID-19 119
9.11.1 MEDICAL 119
FIGURE 35 PRE- AND POST-COVID-19 MARKET COMPARISON FOR MEDICAL APPLICATION SEGMENT 119
TABLE 113 PIN INSERTION MACHINE MARKET FOR MEDICAL APPLICATION,
BY PRE- AND POST-COVID-19 SCENARIO, 2017-2025 (USD MILLION) 119

10 PIN INSERTION MACHINE MARKET, BY GEOGRAPHY 120
10.1 INTRODUCTION 121
FIGURE 36 PIN INSERTION MACHINE MARKET: GEOGRAPHIC SNAPSHOT, 2020-2025 121
TABLE 114 PIN INSERTION MACHINE MARKET, BY REGION, 2017-2019 (USD MILLION) 121
TABLE 115 PIN INSERTION MACHINE MARKET, BY REGION, 2020-2025 (USD MILLION) 122
10.2 NORTH AMERICA 122
FIGURE 37 NORTH AMERICA: GEOGRAPHIC SNAPSHOT, 2019 123
TABLE 116 NORTH AMERICA: PIN INSERTION MACHINE MARKET SIZE, BY COUNTRY, 2017-2019 (USD MILLION) 123
TABLE 117 NORTH AMERICA: PIN INSERTION MACHINE MARKET SIZE, BY COUNTRY, 2020-2025 (USD MILLION) 124
10.2.1 IMPACT OF COVID-19 ON PIN INSERTION MACHINE MARKET IN
NORTH AMERICA 124
FIGURE 38 PRE- AND POST-COVID-19 MARKET SCENARIOS FOR PIN INSERTION MACHINE MARKET IN NORTH AMERICA 124
TABLE 118 PIN INSERTION MACHINE MARKET IN NORTH AMERICA, BY PRE- AND
POST-COVID-19 SCENARIO, 2017-2025 (USD MILLION) 124
10.2.2 US 125
10.2.2.1 US semiconductor industry has been leading in worldwide technological development 125
10.2.3 CANADA 125
10.2.3.1 Demand for high accuracy PCB systems for LED application to drive market 125
10.2.4 MEXICO 126
10.2.4.1 Market to grow at highest rate during forecast period 126
TABLE 119 NORTH AMERICA: PIN INSERTION MARKET SIZE, BY APPLICATION,
2017-2019 (USD MILLION) 126
TABLE 120 NORTH AMERICA: PIN INSERTION MARKET SIZE, BY APPLICATION,
2020-2025 (USD MILLION) 126
10.3 EUROPE 127
FIGURE 39 EUROPE: GEOGRAPHIC SNAPSHOT, 2019 128
TABLE 121 EUROPE: PIN INSERTION MACHINE MARKET SIZE, BY COUNTRY,
2017-2019 (USD MILLION) 128
TABLE 122 EUROPE: PIN INSERTION MACHINE MARKET SIZE, BY COUNTRY,
2020-2025 (USD MILLION) 129
10.3.1 IMPACT OF COVID-19 ON PIN INSERTION MACHINE MARKET IN EUROPE 129
FIGURE 40 PRE- AND POST-COVID-19 MARKET SCENARIOS FOR PIN INSERTION MACHINE MARKET IN EUROPE 129
TABLE 123 PIN INSERTION MACHINE MARKET IN EUROPE, BY PRE- AND
POST-COVID-19 SCENARIO, 2017-2025 (USD MILLION) 130
10.3.2 UK 130
10.3.2.1 UK—substantially mature market 130
10.3.3 GERMANY 130
10.3.3.1 Growing adoption of MEMS devices in automotive industry to drive market 130
10.3.4 FRANCE 131
10.3.4.1 Increased EV manufacturing to bolster market growth 131
10.3.5 REST OF EUROPE 131
10.3.5.1 Constant demand for high-end consumer electronics driving market 131
TABLE 124 EUROPE: PIN INSERTION MARKET, BY APPLICATION,
2017-2019 (USD MILLION) 131
TABLE 125 EUROPE: PIN INSERTION MARKET, BY APPLICATION,
2020-2025 (USD MILLION) 132
10.4 APAC 132
FIGURE 41 APAC: GEOGRAPHIC SNAPSHOT, 2019 133
TABLE 126 APAC: PIN INSERTION MACHINE MARKET, BY COUNTRY,
2017-2019 (USD MILLION) 133
TABLE 127 APAC: PIN INSERTION MACHINE MARKET, BY COUNTRY,
2020-2025 (USD MILLION) 134
10.4.1 IMPACT OF COVID-19 ON PIN INSERTION MACHINE MARKET IN APAC 134
FIGURE 42 PRE- AND POST-COVID-19 MARKET SCENARIOS FOR PIN INSERTION MACHINE MARKET IN APAC 134
TABLE 128 PIN INSERTION MACHINE MARKET IN APAC, BY PRE- AND POST-COVID-19 SCENARIO, 2017-2025 (USD MILLION) 135
10.4.2 CHINA 135
10.4.2.1 China dominated market in APAC 135
10.4.3 JAPAN 135
10.4.3.1 Presence of key automobile manufacturers to drive market 135
10.4.4 SOUTH KOREA 136
10.4.4.1 Government focus on technological development of semiconductor manufacturing to drive market growth 136
10.4.5 TAIWAN 136
10.4.5.1 Taiwan—world's most favorable manufacturing destination for the microelectronics industry 136
10.4.6 REST OF APAC 136
10.4.6.1 Growing demand for connected devices to drive market 136
TABLE 129 APAC: PIN INSERTION MARKET, BY APPLICATION,
2017-2019 (USD MILLION) 137
TABLE 130 APAC: PIN INSERTION MARKET, BY APPLICATION,
2020-2025 (USD MILLION) 137
10.5 REST OF THE WORLD (ROW) 138
TABLE 131 ROW: PIN INSERTION MARKET, BY APPLICATION,
2017-2019 (USD THOUSAND) 138
TABLE 132 ROW: PIN INSERTION MARKET, BY APPLICATION,
2020-2025 (USD THOUSAND) 139
10.5.1 IMPACT OF COVID-19 ON PIN INSERTION MACHINE MARKET IN ROW 139
FIGURE 43 PRE- AND POST-COVID-19 MARKET SCENARIOS FOR PIN INSERTION MACHINE MARKET IN ROW 139
TABLE 133 PIN INSERTION MACHINE MARKET IN ROW, BY PRE- AND POST-COVID-19 SCENARIO, 2017-2025 (USD MILLION) 140

11 COMPETITIVE LANDSCAPE 141
11.1 COMPETITIVE LANDSCAPE OVERVIEW 141
FIGURE 44 KEY DEVELOPMENTS OF LEADING PLAYERS IN PIN INSERTION MACHINE MARKET BETWEEN JANUARY 2017 AND SEPTEMBER 2020 141
11.2 MARKET SHARE ANALYSIS OF KEY COMPANIES, 2019 142
FIGURE 45 SHARE OF TOP 5 PLAYERS IN PIN INSERTION MACHINE MARKET, 2019 142
11.3 COMPETITIVE SCENARIO 143
FIGURE 46 PRODUCT LAUNCHES EMERGED AS KEY STRATEGY ADOPTED BY PLAYERS IN PIN INSERTION MACHINE MARKET BETWEEN JANUARY 2017 AND SEPTEMBER 2020 143
11.3.1 PRODUCT LAUNCHES 144
TABLE 134 PRODUCT LAUNCHES, JANUARY 2017-SEPTEMBER 2020 144
11.3.2 EXPANSIONS 144
TABLE 135 EXPANSIONS, JANUARY 2017-SEPTEMBER 2020 144
11.4 COMPANY EVALUATION MATRIX, 2019 145
11.4.1 STAR 145
11.4.2 PERVASIVE 145
11.4.3 PARTICIPANT 145
11.4.4 EMERGING LEADER 145
FIGURE 47 PIN INSERTION MACHINE MARKET (GLOBAL), COMPANY EVALUATION
MATRIX (2019) 146
11.5 STARTUP/SME EVALUATION MATRIX, 2019 147
11.5.1 PROGRESSIVE COMPANIES 147
11.5.2 RESPONSIVE COMPANIES 147
11.5.3 DYNAMIC COMPANIES 147
11.5.4 STARTING BLOCKS 147
FIGURE 48 PIN INSERTION MACHINE MARKET (GLOBAL), STARTUP/SME EVALUATION MATRIX (2019) 148

12 COMPANY PROFILES 149
(Business Overview, Products/Solutions/Services offered, Recent Developments, and MnM View (Key Strengths/Right to Win, Strategic Intent and Growth Opportunities, Weaknesses and Competitive Threats))*
12.1 INTRODUCTION 149
12.2 KEY PLAYERS 149
12.2.1 TE CONNECTIVITY 149
FIGURE 49 TE CONNECTIVITY: COMPANY SNAPSHOT 150
12.2.2 AUTOSPLICE 152
12.2.3 EBERHARD 154
12.2.4 HARMONTRONICS 156
12.2.5 UMG TECHNOLOGIES 157
12.2.6 SPIROL 159
12.2.7 CMS ELECTRONICS 161
12.2.8 FINECS 162
12.2.9 FÖHRENBACH APPLICATION TOOLING 163
12.2.10 ASSEMBLY & AUTOMATION TECHNOLOGY 164
12.2.11 VISUMATIC 165
12.2.12 ZIERICK 166
12.2.13 LAZPIUR 167
12.3 OTHER IMPORTANT PLAYERS 168
12.3.1 SM CONTACT 168
12.3.2 UNIVERSAL INSTRUMENTS 168
12.3.3 EUN SEONG F.A. 169
12.3.4 SHENZHEN ZHIZHAN 169
12.3.5 SYNEO 170
12.3.6 TEEMING MACHINERY 170
12.3.7 YICHUAN 171
12.3.8 SOUTHERN MACHINERY 171
12.3.9 ADVANCED MECHATRONICS SOLUTIONS 172
12.3.10 NIAN CHIN MACHINERY 172
12.3.11 WINCO ELECTRIC 173
12.3.12 LMET TEAP 173
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, and MnM View (Key Strengths/Right to Win, Strategic Intent and Growth Opportunities, Weaknesses and Competitive Threats might not be captured in case of unlisted companies.

13 APPENDIX 174
13.1 INSIGHTS OF INDUSTRY EXPERTS 174
13.2 DISCUSSION GUIDE 175
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 178
13.4 AVAILABLE CUSTOMIZATIONS 180
13.5 RELATED REPORTS 180
13.6 AUTHOR DETAILS 181