The Top 100 Connector Companies in 2023
What companies led the connector industry in 2023? A new 10-chapter market research report by Bishop & Associates explores the 100 companies that accounted for more than 82% of the industry’s sales.
Bishop & Associates new 10-chapter research report provides a comprehensive analysis of the world’s Top 100 Electronic Connector Manufacturers, with detailed statistics that benchmark the leading connector manufacturers by 2022/2023 total sales, sales by end-use equipment market, sales by product category, and sales by region. All manufacturers are exhibited by 2023 sales and are ranked by region of the world with percent year-to-year change. This report provides all the key data needed to analyze the sales performance of each of the top 100 worldwide electronic connector suppliers.
The world’s top 100 connector manufacturers recorded 2023 shipments of $67.465 billion. This represented 82.4% of the worldwide connector market, down from 83.3% in 2022. The balance of the connector industry had 2023 shipments of $14.389 billion and represented 17.6% of the total market.
Over the last decade, Bishop & Associates has identified more than 750 connector manufacturers, many of which have been acquired by larger companies or consolidated to form new connector companies. In fact, if you were to review the list of top 100 connector companies in 2000 with the list of the top 100 connector companies in 2023, you would see that approximately 49% of the companies listed in 2000 were acquired by other companies. In fact, in just the last several years, names like ERNI, Positronic, Genesis Connector Technology, and Winchester — all at one time top 100 place holders — have been acquired. And it doesn’t appear this consolidation will end: Two more companies on the 2023 top 100 connector manufacturer’s list, Carlisle Interconnect (#24) and CommScope (#26), have been acquired.
These changes allow new companies to appear on Bishop’s list of top 100 connector manufacturers. Qnnect, a portfolio company comprised of connector manufacturers such as Cristek, Fil-Con, Connectronics, and Meritec/Joy Signal, is now listed as the 28th largest connector manufacturer. Many other connector companies offer highly focused product offerings, or support niche markets or specific regions. We continue to discover additional connector companies, especially in China and other developing countries, as well as non-connector companies who are expanding their current product offering to include interconnect, or who are developing application-specific connectors to support their other products.
To learn more about the new Top 100 report, visit Bishop & Associates.
Like this article? Check out our other Facts and Figures, Industry News and Market Update articles, our Consumer Market Page, and our 2024 Article Archive.
Subscribe to our weekly e-newsletters, follow us on LinkedIn, Twitter, and Facebook, and check out our eBook archives for more applicable, expert-informed connectivity content.
- The Top 100 Connector Companies in 2023 - September 24, 2024
- Connector Industry Profitability: A Decade of Consistent Growth and High Return on Equity - September 3, 2024
- NXS Series – Ultra-High Density, Space Qualified Interconnects - May 28, 2024
