forecast

Global Connector Sales See Strong Growth Across Regions and Markets

Technological solutions to humanity’s pressing challenges continue to drive connector sales growth. A new market research report on the global connector sales puts a number on humanity’s increasing reliance on connected technologies. Although the decade is still young, the 2020s have already been defined by significant challenges, including increasing natural disasters, wars, geopolitical tensions, andRead More

Green Energy Projects, EVs, & MIL-Aero Programs Set to Expand in 2022

Evolving technologies in the energy, automotive, military, and datacom markets will continue to drive innovation in connectivity.   The pace of technological advancement continues in the COVID era. The mRNA vaccines produced to combat COVID-19 are the result of years of development to create other anti-virus mRNA vaccines. Processes now have been optimized so that vaccines can be provided with minimalRead More

Lead Times Grow: Connector Backlog Hits 12 Weeks

In the two years since the pandemic began, the connector industry has been hit by production and supply chain challenges, as well as expanded orders for interconnects as demand rose for electronic products in every market. The result: connector backlogs. Supply chain challenges have been a symptom of the pandemic since China extended its ChineseRead More

Circular Connector Market Continues to Expand

Led by strong growth in the military/aerospace and commercial/industrial markets, circular connectors see continued strength even amid the disruptions of the pandemic. While some industries suffered huge declines last year due to the COVID-19 pandemic, the connector industry briefly slowed and then recovered with unexpected strength, declining only -2.2%, resulting in 2020 worldwide sales ofRead More

The State of the Connector Industry

The EDS Leadership Summit in Las Vegas was cancelled due to COVID-19. But TTI Inc. gave its traditional presentation online, reviewing the state of the industry and previewing the headwinds and opportunities that are heading our way. The 2020 DesignCon event was the last time the industry was able to gather in a normal fashionRead More

Top 10 Connector Manufacturers

The 2020 top 10 connector manufacturers collectively achieved $38.1 billion in annual sales in 2020, which accounted for 60.8% of global connector demand and is up from 2019’s market share of 60.2%. Every year, Bishop & Associates takes a comprehensive look at the connector industry in all its complexity, evaluating the activities of more thanRead More

The Instrumentation Connector Market

It’s all about higher speeds and higher bandwidths. As many economies begin to emerge from the pandemic, instrumentation companies are bracing for a surge in test equipment. Semiconductor companies will require testing of the latest 5G chips, and Analytical & Scientific labs are gearing up for the vast array of clinical research the pandemic hasRead More

Connector Industry Sales Outlook – June 2021 Update

Bishop & Associates tracks continuing high demand for connectivity products as the rebound continues across all major markets. Connector industry sales demand remains strong into the mid-point of the year, with bookings up +47.0% and billings up +30.7% through May 2021. These incredibly good numbers are a function of: The rebounding world economy as countriesRead More

Connector Sales Soar as Post-Pandemic Production Rebounds

Bishop & Associates predicts continuing high demand for connectivity products as OEMs ramp up to meet connector demand in every market. Despite the incredible challenges of 2020, demand for connectors remained strong across markets. In fact, after the shutdown period of the spring, most companies managed to regain positive footing as OEMs returned to normalRead More

Material Costs in 1Q21 Up Significantly, Forecast for Continued Increases

As economies recover from the pandemic, demand has pushed costs up for gold, copper, brass, steel, thermoplastics, and other materials used in the manufacturing of connectors. Bishop & Associates tracks raw material costs for gold, copper, brass, steel, thermoplastics, and other materials used in the manufacturing of connectors. These materials represent 75% of the materialRead More

Data Centers: Powering the Backbone of Our Digital World

Innovative connector solutions are needed to address space and heat limitations for high-density data centers as digital growth continues to escalate. More power and higher speeds are needed but keeping heat and energy use down is a pressing priority.  The COVID-19 global pandemic has dramatically altered the way we live, work, and connect. Across theRead More

The Outlook for the Cable Assembly Industry in 2021 and Beyond

The cable assembly industry has rebounded after a challenging pandemic year. Every market depends on these critical connectivity components, but some headwinds remain in the complex global electronics industry.  2020 was a surreal year in many ways. In the cable assembly industry, it started with modest expectations for growth. The overall U.S. economy was headedRead More

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