Market Research Report
World Connector Market Handbook
|Published by||Bishop & Associates, Inc.||Product code||240759|
Delivery time: Inquiry
|World Connector Market Handbook|
|Published: March 30, 2019||Content info:||
This comprehensive seven-chapter, 229-page, report analyzes all aspects of the world electronic connector market. The report provides detailed connector statistics by equipment sector and product category for North America, Europe, Japan, China, Asia Pacific, and the ROW region.
Included is a complete chapter on worldwide connector industry results by region, equipment sector, and product category. Data is provided for the years 2009 - 2018, and projections for 2019 and 2024 (including five-year CAGRs).
Increasing over $6.59 billion in US dollars, connector industry sales grew 11.0% from 2017 to 2018. Although all regions exhibited growth, some performed better than others. The European region, where connector sales grew the most, increased 14.7%, increasing sales dollars by $1.8 billion. The North American region had the second greatest growth, increasing 12.2%, followed by the ROW region, where connector sales increased 11.6%. The ROW region was followed by Asia Pacific, with a year-over-year increase of 11.2%. China, the largest user of electronic connectors showed the fifth greatest increase, with sales increasing 9.7% followed by Japan, where sales grew a meager 2.9%.
As the following tables indicate, the strong double-digit growth in 2017 and 2018, provided a much-needed boast to the five-year, 10-year, and 20-year compound annual growth rates. The five-year CAGR, increased from X.8% to X.4%, while the 10-year and 20-year CAGR's increased X.X% and X.X%, to X.4% and X.6% respectively.
Automotive was the largest end-use equipment sector for electronic connector products with 2018 shipments of $15,759.7 million and is anticipated to maintain this position in 2019. Connectors utilized in the automotive sector accounted for 23.6% of all connectors manufactured in 2018. Connectors used in the telecom/datacom sector followed behind automotive, with 22.0% percent of the total market, up from 21.6% in 2017.