Growing adoption of various consumer electronic products and futuristic technology
Contact probes are used in many industries for their testing and effective connection abilities, which is driving the demand of it in the household consumer electronics sector; security electronic products sector; portable personal devices such as laptops, smart phones; transportation; medical; industrial and retail. For instance, according to The Semiconductor Industry Association (SIA), the global semiconductor industry sales were US$ 412.1 billion in 2019. The huge industrial establishment of semiconductors and the growing adoption of modern portable devices are constantly driving the market growth of contact probes. In most mobile phones, a contact probe is used as a connector to charge the battery or for other functions such as data transmission. Due to IoT technology, most of the devices are coming with connectivity options which are the major end-user market of contact probes at present.
For instance, even at the time of the Covid-19 pandemic, worldwide smart phone vendors shipped about 374 thousand units in the fourth quarter of 2020, leading to an annual growth of 1.1% compared to the 369.9 thousand units shipped in the fourth quarter of 2019. The high demand for smart phones is expected to strengthen the contact probe market in the future.
Contact probes are also applied in new modern medical devices such as CPI dockings, skin lasers, inhalation machines and pregnancy monitors etc.
Demand for portable and wearable medical devices is increasing rapidly. These electronic devices provide patients greater independence, flexibility, and support and offer healthcare providers timely information for improved diagnosis and patient care. Due to its flexible nature, portable medical technologies are used at home and in medical facilities, and they gather and transmit valuable data to the cloud for storage and analysis. And contact probes play a huge part in making these devices portable. For instance, in many applications, these connectors must also be capable of withstanding contact with fluids, including cleaning chemicals. In this case, rugged spring-loaded pogo-pin connectors are being used that offer the high-performance and waterproofing characteristics vital to a variety of portable and wearable medical applications.
In the industrial sector, contact probes are used in instruments such as robotic arms, docking stations, rugged devices and printers.
In retail industries, the use of contact probes is spanned from barcode scanners to credit card readers and point of sale systems, generating sufficient demand for the global contact probe market annually.
For instance, The US retail market represented 5.5 percent of the GDP in 2019, which shows the huge consumer dependence on the retail sector. To smoothly operate the retail store's various electronic devices are used, which has created the demand for contact probes in this sector. Complex vehicle body control, remote communication and other operations in automotive electronic systems are placing greater demands and challenges on the portability, intelligence, green environmental protection and high dependability of pogo pin connectors.
Growth importance on various modern technologies
At present, because of the growth of 5G communication, electric vehicle and industrial 4.0, miniaturized and chipped connectors are in great demand, which is important for connectivity purposes. In 5G communication applications, contact probes can convert both optical signals and electrical signals. The high data and high transmission necessities of 5G decide the performance upgrade of connectors, which means high-frequency and high-speed is a must for contact probes and creates new possibilities for contact probe growth.
The smart grid industry, automobiles and rail transit industries are increasingly demanding high-speed interconnections and the current resistance of connectors. The requirements will force contact probe manufacturers to come up with newly updated products. As the demand for smart products is growing, such as robots and drones, manufacturers sometimes need to get customized connector products.
To meet the product requirements, connector producers force to develop new products along with customers to meet the shape and function requirements of customers, which means in future connector manufacturers must partake in the design process. conventional connectors can transmit only a single signal, like video, control, or data signals. As electronic products start to be thinner and lighter, connectors can also transmit multiple signals, and the same cable can at the same time transmit light, electricity, or other signals. It will help in saving space and enhance system reliability.
In order to earn more profits, old connector manufacturers are changing connectors from a passive product to a modular product. For instance, the designer will modify a single cable in the server by adding active ICs to get a smart cable that can monitor data.
Currently, electronic products are becoming thinner and lighter. They are also forcing the development of connectors with small size, low height, narrow pitch, multi-function, long life, and surface mounting. This requires connector manufacturers to adapt to these changes to get better in their product designs.
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