Connector Industry Forecast 2023-2028

After a year of strong double-digit growth, no one expected the connector industry to perform as well as it did in 2022. Will the industry continue to perform at this level, or will headwinds change its course?

• How did the connector industry perform in 2022? How is the connector industry anticipated to perform in 2023? What factors contributed to the growth and decline in 2022? Will these same factors affect growth or decline in 2023?
• Which regions, market sectors and subsectors will show the greatest growth in 2023, in 2028? Which market sectors and subsectors, if any, are anticipated to contract?
• What outside factors are contributing to connector growth or decline in 2023? What factors may affect growth beyond 2023?
• In what way are currency fluctuations impacting connector sales? How did connector backlog change during the second half of 2022? How is it changing in the first half of 2023?

Bishop & Associates’ research report, the Connector Industry Forecast looks at past sales and reviews total world connector sales in 2022, providing a comprehensive analysis by region and market sector of projected connector sales for 2023 through 2028. With connector sales broken down by region, market sector and subsector, this report provides a detailed analysis in US dollars of the world connector industry.

2023 Connector Industry Yearbook

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. Featured in each issue are: consolidated history of the public companies, fifteen-year history of performance by company (including industry averages), and a chronological description of important 2021 industry events.

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In 2022, Europe accounted for over 20%

of worldwide connector demand.

• What market sectors outperformed the average (European) market and which sectors underperformed?
• Which European countries/regions and market sectors will offer the best growth prospects over the next five years?
• What are the leading product categories within specific end-use equipment markets?
• Who are the leading connector manufacturers in the European connector market?
• How does the FX market affect the European connector market?

Bishop & Associates, a leader in electronic connector research, has released a new 2023 European Connector Market research report. This comprehensive, three-chapter, 256-page, report analyzes all aspects of the $17.3 billion European electronic connector market.

European Connector Market 2021, 2022, 2023F, and 2028F provides detailed connector statistics by equipment sector and product category for 19 countries/regions. Included is a chapter on the overall European market and the role which it plays in the world market. Data is provided for the years 2021, 2022, 2023F, and a forecast for 2028F (including five-year CAGRs). A region steeped in tradition, and recognized for its innovation and entrepreneurship, the European connector market offers something for everyone. Order your copy of the European Connector Market 2021, 2022, 2023F, and 2028F to identify and find your niche.

World Circular Connector Market 2023

This extensive 229-page, seven-chapter research report provides an in-depth analysis of the MIL-spec/COTS equivalent and commercial/industrial circular connector markets. This report furnishes detailed statistics worldwide and by region, broken down by circular connector types for the years 2021, 2022, 2023F and 2028F. In addition, to specific circular connector series, products are recapped as MIL-Spec/COTS equivalents and commercial/industrial types. An expanded quantitative review of cable assemblies using circular connectors is included along with reviews of many key manufacturers that produce the circular connectors discussed.

2023 World Connector Market Handbook

Bishop and Associates has released the 2023 edition of the World Connector Market Handbook.

• Which was the best preforming region in 2022? Which regions are anticipated to show strong growth in 2023, in 2028?
• Which market sector showed the most growth in 2022, how does this compare to previous years? Will the continued rollout of 5G affect growth in the telecom/datacom market? Has the semiconductor shortage continued to affect automotive market performance?
• Over the last 10-years, the fiber optic connector market share has increased steadily. Will this continue into 2023, into 2028? If this does continue, which product type or product types will lose market share? Will any other product type increase market share by 2028?
• Which regions and product types are aligned to show the most growth in 2023? Which are aligned to show the least growth?

Analyzing the connector industry from 2013 through 2022, with a preliminary 2023 and 2028 forecast, Bishop & Associates research report, the World Connector Market Handbook, details the connector industry by region, end-use equipment sector, and product type. Utilizing tables and graphs, key statistics are provided for total world, as well as by individual region.

Increasing 7.8% in 2022, the connector industry saw total sales increase over $6 billion. Will we maintain this momentum or will sales decline in 2023? Track and monitor the ways in which the connector industry has changed over the last decade and how it will change in the next five years – order your copy of the World Connector Market Handbook.

World RF Connector Market 2023

• How did the RF coax connector market perform in 2021? How will it perform in 2022, in 2027? What markets and geographical regions present the greatest potential for growth in RF (coaxial) connectors and why?
• How do new and higher frequency allocations, especially for 5G/6G and IoT, influence design, production tolerances, test equipment, and cost and supply chain sourcing? How has advanced technologies influenced RF connector design?
• Which specific RF coax connectors (families and product types) are projected to show the highest growth and how are connector manufacturers addressing these potential increases or decreases in demand?

Bishop & Associates’ new research report, World RF Coax Connector Market 2023 presents the latest and most up-to-date market information, trends, RF connector technology, product, and application information. RF coax connector sales for the years 2020, 2021, 2022F, and 2027F are provided by RF connector family and type, worldwide and by region of the world.

Predictions include effects of trends for higher frequencies, broader application bandwidths, and international shifts. With a forecasted CAGR of over 6%, from 2022 to 2027, growth of the world RF coax connector market exceeds many other connector types. Major changes are currently underway for coaxial connectors and applications. Understand and prepare your company and customers for these changes by ordering your copy of World RF Coax Connector Market 2023.