2023 Update: How’s the Connector Industry Performing? The electronics industry and related supply chains are still absorbing the shocks of the pandemic era. After months of record sales, sales have entered a down cycle, yet encouraging signs are present. What do the semiconductor sales say about future sales? More importantly, what does Bishop & AssociatesRead More
The connector industry achieves a new industry record for sales in 2022. Connector Industry Sales 2022 The connector industry achieved full year 2022 sales growth of +7.8%, reaching global sales of $84.1 billion. This is a new industry record for sales. The following table displays 2022 sales results by geographic region. It is interesting toRead More
But what does 2023 hold for connector sales? Bishop & Associates’ Ron Bishop takes a look at the technologies and markets that use connectors to give us some clues about what the year ahead will bring. The final connector industry sales results from 2022 are coming in, and preliminary sales figures for the year showRead More
Connector companies expanded their services, capabilities, products, and supply chains with 2022’s round of acquisitions. Movement continues in the interconnect industry as connector companies expanded their services, capabilities, products, and supply chains with 2022’s round of acquisitions. Interconnects related to military and aerospace, fiber optics, Test & Measurement, as well as materials access and manufacturingRead More
The military/aerospace market encompasses a wide variety of applications requiring numerous high-speed, rugged, and high-reliability interconnects. Who are the top connector companies that serve this market? The military/aerospace market is among the largest users of interconnect products. In 2021, military spending reached a record $2.1 trillion, a figure that includes a wide range of spendingRead More
What’s on the horizon for the connector industry? Bishop & Associates offers a new five-year forecast, while recognizing that the world is in a period of deep unknowns. Between the pandemic and its continuing aftershocks on supply chains and labor, the war in Ukraine and its impact on energy and military spending, the continued build-outRead More
The top 10 connector manufacturers collectively achieved $43.185 billion in recorded shipments sales in 2021, an increase of +19.3% from 2020 shipments of $36.211 billion. Every year, Bishop & Associates takes a comprehensive look at the connector industry in all its complexity, evaluating the activities of more than 750 connector suppliers over both the pastRead More
A new market research report by Bishop & Associates examines this essential electronics market to understand its successes and challenges, plus a forecast for the cable assembly industry’s future. The global cable assembly industry continues to expand at a rapid rate. For 2021, Bishop & Associates recorded incredible growth in every major region. In 2022Read More
A new Bishop & Associates report examines the connector industry by region, market sector, and product type to identify the top 100 connector manufacturers of 2021. In 2021, the top 100 connector manufacturers by total sales accounted for almost 86% of the total electronic connector market. The world’s top 100 connector manufacturers recorded 2021 shipmentsRead More
The automotive industry is the second-largest market for connectors, with increasing production of both conventional and electric vehicles. Bishop & Associates’ new research report explores the products, technologies, supply chain challenges, and other factors impacting the automotive market. The World Automotive Connector Market The automotive market is the center of intense innovation as safety,Read More
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
An emphasis on mil/aero, RF and microwave, and materials and processing capabilities drove significant moves in 2021, as connector companies brought new expertise into their organizations through strategic acquisitions. In 2021, the connector industry continued to experience shifts in ownership and expertise as companies moved to bring new capabilities in-house with acquisitions. Although the daysRead More
