Global Pogo Pin Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Pogo Pin Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Pogo pin is a precision connector used in electronic products. It is often used for current and signal transmission to conduct and connect. Pogo pin is a spring-type probe, which is riveted and pre-pressed by precision instruments from three basic parts: needle shaft, spring and needle tube. There is a precise spring structure inside. There are sharp needles, grasping needles, round needles, knife needles, etc. Pogo pins are generally used for precision connections in electronic products such as mobile phones, communications, medical, aerospace, etc., which can improve the corrosion resistance, stability and durability of these connectors.

Market Overview:

The latest research study on the global Pogo Pin market finds that the global Pogo Pin market reached a value of USD 632.56 million in 2022. It’s expected that the market will achieve USD 1129.0 million by 2028, exhibiting a CAGR of 10.14% during the forecast period.

Economy

The world macro economy has improved.
In recent years, although the economies of various countries in the world have been affected by the epidemic, as the epidemic has been brought under control, the economies of various countries have recovered steadily, and the uncertainty faced by enterprises has decreased. The global economic recovery affects the development of all walks of life, the epidemic is under control, and the macro economy is more conducive to the development and operation of enterprises.

Society

Social development is conducive to the increase in demand for pogo pins On the one hand, in the current Internet era, the increasing demand for electronic products by social consumers has prompted the continuous development of the semiconductor industry. In addition, 5G communication, artificial intelligence and other industries are also driving the market to increase the demand for semiconductor products. The semiconductor industry is affected by social development, which affects the demand for pogo pins. On the other hand, with social development, people are full of curiosity about the world outside the earth, which constantly promotes the continuous development of the global aerospace industry, and the progress of the aerospace industry also promotes the progress of the pogo pin industry.

Bargaining power of customers

At present, the high-end technology of the industry is concentrated in developed countries, the manufacturers of high-quality products are limited, and the bargaining power of buyers is relatively low.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Asia (47.53% in 2022).

Company Overview:

Yokowo is one of the major players operating in the POGO PIN market, holding a share of 16.66% in 2023.

Yokowo

Yokowo is a Japanese manufacturer that was established in 1922 and has a history of nearly 100 years. Yokowo started selling spring connectors in 1986, and Yokowo has continued to expand Yokowo's connector business for over 30 years.

CCP Contact Probes

CCP Contact Probes Co., Ltd. is a Taiwanese manufacturer of test probes and probe-like connectors.

Segmentation Overview:

As for product types, the SMT Pogo Pin segment held the largest market share in 2022.

SMT Pogo Pin

The SMT pogo pin has better performance, and the bottom of the needle tube is designed with a flat bottom, which is easy for SMT patch welding.

Double Ended Pogo Pin

The double-headed pogo pin is to add a small head to the standard single-pin antenna thimble connector to achieve double-sided conduction and better transfer of current.
Through hole pogo pin
The through-hole pogo pin is to allow the single pin to be better soldered on the PCB board and other devices. The shape can be made into a 90-degree bent and an upright plug-in single pin according to the customer.

Application Overview:

The market's largest segment by application is the segment Semiconductors and Electronics, with a market share of 70.01% in 2022.

Key Companies in the global Pogo Pin market covered in Chapter 3:

YI-HONG ELECTRONIC CO., LTD.
LEENO
Mill-Max Mfg. Corp.
QA Technology
Preci-Dip
CCP Contact Probes
CFE Coporation
Top-Link
Apex Electronics Co., Ltd
Harwin
Yokowo
ECT

In Chapter 4 and Chapter 14.2, on the basis of types, the Pogo Pin market from 2018 to 2029 is primarily split into:

SMT Pogo Pin
Double Ended Pogo Pin
Through hole pogo pin
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Pogo Pin market from 2018 to 2029 covers:

Semiconductors and Electronics
Aerospace
Medical Instruments
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)