Market Research Report
2020 Connector Industry Yearbook
|Published by||Bishop & Associates, Inc.||Product code||945109|
Delivery time: Inquiry
|2020 Connector Industry Yearbook|
|Published: June 26, 2020||Content info:||
Each year, Bishop & Associates prepares the Connector Industry Yearbook based on annual reports provided by publicly traded connector companies. Income statements and balance sheets are consolidated for the past 10 years, five years, and most current year, providing benchmarks on the industry and the overall performance of the public connector companies.
In addition, the report provides a review of the connector industry for the period 2009-2019 for sales by region, end-use equipment sector and our current forecast for 2020 and 2025 by region and end-use equipment sector.
This report features:
Consolidated history of the public companies including:
Fifteen-year history of performance by company, with industry averages for the following financial measurements:
The following table provides Gross Income as a percent of sales from 2009-2019 for public companies included in the 2020 Connector Industry Yearbook.
Profits for the Electronic Connector Industry decreased in 2019 with an average net income of 10.2% of sales, compared to 12.0% in 2018. In 2018, the United States passed the Tax Cuts and Jobs Act reducing the federal corporate income tax from 35% to 21%.
The lowest net income as a percent of sales occurred in 2009 at -12.6% due to the worldwide economic downturn. This was the first time that net income recorded a negative number for the consolidated public connector companies. Between 2010 and 2015, net income increased from 8.3% of sales in 2010 to 10.7% of sales in 2014. Between 2015 and 2019, net income decreased from 13.1% to 10.2%.
The following chart provides a history of net income for the Connector Industry from 2005-2019.