Trends in the global military/aerospace cable assembly market vary greatly by region, as they are significantly impacted by individual governments, policies, and budgets. That’s why the military market continues to contract.
Bishop tracks 11 companies in the military/aerospace market sector. Growth in the military/aerospace market, as measured by these 11 companies, has been poor in the last two years, with a year-over-year contraction of -0.8% in 2012 and growth of 1.4% in 2013. In comparison, the cable assembly market for the worldwide military/aerospace market sector contracted -4.6% year over year in 2012 and -3.