Market Research Report
Connector Industry Forecast
|Published by||Bishop & Associates, Inc.||Product code||238973|
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Bishop & Associates newest research report, Connector Industry Forecast reviews total world connector sales in 2015 and provides a comprehensive analysis by region and market sector for projected connector sales from 2016 through 2021. With connector sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US dollars of the world connector industry.
Be attuned to the markets and sub-sectors that will drive connector sales in 2016 and beyond, order your copy of the Connector Industry Forecast.
Bishop & Associates has just released the Connector Industry Forecast. This eight-chapter report provides an in-depth, and detailed forecast of the worldwide connector Industry. In addition to the detailed forecasts for each region of the world (North America, Europe, Japan, China, Asia Pacific, ROW), an industry overview is included which provides current market trends, industry book-to-bill ratios, and outlook narrative.
Worldwide and each regional forecast includes:
2015 was a disappointing year for the connector industry. Year-over-year, connector sales declined -6.1% to $52,050 million. All regions saw a decline in sales, except Asia Pacific, where connector sales grew a meager 0.1%. The greatest decline in sales was seen in ROW, where connector sales declined -19.9% year-over-year. This was followed by Europe, with a decline in connector sales of -15.1%. Even China, who demonstrated double-digit growth in 2014, saw a decline in connector sales of -1.5%.
In US dollars, the greatest decline in connector sales was seen in Europe, where the connector industry declined $1,350 million dollars, or approximately 12.9% of the total European connector market. Japan's connector market declined $843.9 million or approximately 17.7% of its value The ROW market declined $570.9 million dollars, representing 24.9% of the total ROW market.
The European connector market is now smaller than the North American market. This last happened in 2007. 2015 also was only the second time in 12 years that Japanese connector sales fell below five billion dollars.
The connector industry's sales by region are noted in the following table.
Here are some points to consider in support of the 2016 forecast:
Chapters 4 Thru 8 Provide The Same Detail Level as Chapter 3