Soaring air travel and aging fleets will continue to drive demand for narrow body and regional jets, continuing the boom in commercial aircraft.
Bishop tracks 13 companies in the transportation market sector. This market has been growing, as measured by these 13 company’s revenues, in the last three quarters. In 1Q14, the combined revenues of these companies grew 6.4% over 1Q13. In comparison to these companies, the cable assembly market for the worldwide transportation market sector grew 5.3% year over year in 2012 and grew 2.8% in 2013.
Bishop follows electronic interconnect sales trends in 13 mark