Market Outlook and Comments

Computers-Peripherals Sector

• Overview
• Market Trends
• Current and Future Paradigms
• Global Market Conditions
• Some of the Overall Trends Affecting the Computer Market Sector
• Trends by Subsector
• 2022F World Computer and Peripheral Connector Forecast – Market Share by Region
• Business/Office Equipment Sector
• Global Market Conditions
• Trends by Subsector
• Overall
• 2022F World Business/Office Equipment Connector Forecast - Market Share by Region
• 2022F World Business/Office Equipment Connector Forecast - Market Share by Region
• Market Share by Region
• Instrumentation Sector
• World Instrumentation Connector Sales Forecast 2022F through 2027F
• Worldwide Connector Market by End-Use Equipment Sector 2021 – 2022F
• Forecast of World Connector Sales by Industry/Sector 2022F – 2027F
• 2027 Forecasted Total World Connector Sales by End-Use Equipment Sector
• Worldwide Instrumentation Market by Sub-Sectors
• Worldwide Instrumentation Connector Market by Sub-Sector – 2027F
• Automatic Test Equipment Sub-Sector
• Analytical and Scientific Instruments
• Other Instruments
• Regional Sub-Sector Views
• North America
• North American Instrumentation Connector Sales Forecast 2022F through 2027F
• Europe
• Europe Instrumentation Connector Sales Forecast 2022F through 2027F
• Japan
• Japan Instrumentation Connector Sales Forecast 2022F through 2027F
• China
• China Instrumentation Connector Sales Forecast 2022F through 2027F
• Asia Pacific
• Asia Pacific Instrumentation Connector Sales Forecast 2022F through 2027F
• ROW
• ROW Instrumentation Connector Sales Forecast 2022F through 2027F
• 2022F World Instrumentation Connector Forecast - Market Share by Region
• Medical Equipment Sector
• Global Market Conditions
• Worldwide Medical Connector Sales Forecast Update 2020, 2021, 2022F through 2027F with Percent Change and Five-Year CAGR
• Worldwide Medical Market Sub-Sectors
• Worldwide Medical Connector Market by Sub-Sector 2022F and 2027F
• Diagnostics and Imaging Equipment Market
• Therapeutic Equipment Market Conditions
• Other Equipment Market Conditions
• Regional Sub-Sector Views
• North America
• North America Medical Connector Sales Forecast Update 2020, 2021, 2022F, and 2027F with Percent Change and Five-Year CAGR
• Europe
• Europe Medical Connector Sales Forecast Update 2020, 2021, 2022F, and 2027F with Percent Change and Five-Year CAGR
• Japan
• Japan Medical Connector Sales Forecast Update 2020, 2021, 2022F, and 2027F with Percent Change and Five-Year CAGR
• China
• China Medical Connector Sales Forecast Update 2020, 2021, 2022F, and 2027F with Percent Change and Five-Year CAGR
• Asia Pacific
• Asia Pacific Medical Connector Sales Forecast Update 2020, 2021, 2022F, and 2027F with Percent Change and Five-Year CAGR
• ROW
• ROW Medical Connector Sales Forecast Update 2020, 2021, 2022F, and 2027F with Percent Change and Five-Year CAGR
• 2022F World Medical Connector Forecast Market Share by Region
• Industrial Equipment Sector
• Introduction and Market Definitions
• Traditional Industrial Market - Main Market Segments
• Industrial Internet of Things – IIoT Market Segments
• Key Market Segments for the Industrial Connector Market
• Outlook for the Global Industrial Market for Connectors
• Industrial Connector Market Sales Performance by Region 2020 – 2022F
• Industrial Connector Market Sales Performance by Region 2021 – 2023F
• Industrial Connector Market Sales Performance by Sector 2020-2022F
• Industrial Connector Market Sales Performance by Sector 2021-2023F
• Global Industrial Production 2010-2022
• Regional View
• North America
• Annual YoY Growth Rates and Forecast through 2027 of the NA Industrial Market for Connectors
• Europe
• Annual YoY Growth Rates and Forecast through 2027 of the European Industrial Market for Connectors
• Japan
• Annual YoY Growth Rates and Forecast through 2027 of the Japanese Industrial Market for Connectors
• China
• Annual YoY Growth Rates and Forecast through 2027 of the Chinese Industrial Market for Connectors
• Asia Pacific
• Annual YoY Growth Rates and Forecast through 2027 of the AP Industrial Market for Connectors
• ROW
• Annual YoY Growth Rates and Forecast through 2027 of the ROW Industrial Market for Connectors
• Industrial Market for Connectors – Market Outlook 2022F through 2027F
• Industrial Market for Connector Five-Year CAGR 2022F through 2027F by Sector
• Industrial Market for Connectors by Region 2021, 2022F, and 2027F and Five-Year CAGR
• Industrial Market for Connectors by Sector 2021, 2022F, and 2027F
• Five-Year CAGR by Region for the Industrial Market for Connectors 2022F to 2027F
• Annual YoY Growth Rates and Forecast through 2027F of the World Industrial Market for Connectors
• 2022F World Industrial Connector Forecast - Market Share by Region

Automotive Sector

• Technology and Market Trends
• Regional View
• North America
• Europe
• Japan
• China
• Asia Pacific
• ROW
• 2022F World Automotive Connector Forecast – Market Share by Region
• Transportation – Non-Automotive
• Commercial Vehicles
• Civil Aviation
• Rail
• RV and Power Sport (Motorcycles, ATVs, and Other Similar Equipment) and Marine
• 2022F World Transportation Connector Forecast – Market Share by Region

Military/Aerospace Sector

• Global Market Conditions
• 2022F World Military/Aerospace Connector Forecast - Market Share by Region

Telecom Equipment Sector

• Global Market Conditions
• Technology and Market Trends
• Internet Protocol Equipment
• Regional View
• North America
• Europe
• Japan
• China
• Asia Pacific
• ROW
• 2022F World Telecom/Datacom Connector Forecast - Market Share by Region

Consumer Electronics Market Sector

• Global Market Conditions & Forecast
• Consumer Electronic Market Segments
• Current Nature of this Market and Connector Applications
• Latest Input: 2022 CES: Trends
• 2022F World Consumer Connector Forecast - Market Share by Region

Chapter 2 – World Connector Forecast

• World Connector Market Forecast – Year-to-Year Dollar Change
• World Connector Market Forecast – Year-to-Year Percent Change
• World Connector Market Forecast by Region
• Year-to-Year Change by Region
• Top Six End-Use Equipment Categories
• World End-Use Equipment Forecast - Summary
• 2021-2022F Percent Change and 2022F-2027F Five-Year CAGR
• 2022F and 2027F Market Share by Equipment Sector
• World End-Use Equipment Forecast - Detail

Computers & Peripherals

• Mobile Computers
• Desktops
• Servers
• Storage Equipment
• Input/Output Equipment
• Communication LAN Devices
• Other Computer Equipment

Business/Office Equipment

• Retail/POS Equipment
• Imaging Systems
• Other Office Equipment

Instrumentation

• Automatic Test Equipment
• Analytical & Scientific Instruments
• Other Instruments

Medical

• Diagnostic & Imaging Equipment
• Therapeutic Equipment
• Other Medical Equipment

Industrial

• Factory Automation and Machinery
• Construction and Civil Engineering
• Energy Markets
• Other Industrial Equipment

Automotive

• Body Wiring & Power Distribution
• Powertrain
• Comfort, Convenience & Entertainment
• Navigation & Instrumentation
• Safety & Security

Transportation

• Commercial Vehicles
• RV’s & Power Sports
• Commercial Air
• Marine
• Rail
• Construction
• Farm & Garden

Military

Telecom/Datacom

• Carrier Network
• Enterprise Network
• Mobile & Wireless
• Wireless Infrastructure
• Subscriber Equipment
• Cable-Equipment-Infrastructure
• Other Telecommunications

Consumer

• Personal/Portable Consumer Electronics
• Home Video Equipment
• Home Audio Equipment
• Consumer White Goods
• Other Consumer
• Other Equipment

World End-Use Equipment Forecast by Region

• Computers & Peripherals
• Business/Retail/Education Equipment
• Instrumentation Equipment
• Medical Equipment
• Industrial Equipment
• Automotive
• Transportation Equipment
• Military/Aerospace Equipment
• Telecom/Datacom/ Equipment
• Consumer Equipment
• Other Equipment

Chapter 3 – North American Connector Forecast

• North American Connector Market Forecast – Year-to-Year Dollar Change
• North American Connector Market Forecast – Year-to-Year Percent Change
• Top Six End-Use Equipment Categories
• North American End-Use Equipment Forecast - Summary
• 2021-2022F Percent Change and 2022F-2027F Five-Year CAGR
• 2022F and 2027F Market Share by Equipment Sector
• North American End-Use Equipment Forecast - Detail

Computers & Peripherals

• Mobile Computers
• Desktops
• Servers
• Storage Equipment
• Input/Output Equipment
• Communication LAN Devices
• Other Computer Equipment

Business/Office Equipment

• Retail/POS Equipment
• Imaging Systems
• Other Office Equipment

Instrumentation

• Automatic Test Equipment
• Analytical & Scientific Instruments
• Other Instruments

Medical

• Diagnostic & Imaging Equipment
• Therapeutic Equipment
• Other Medical Equipment

Industrial

• Factory Automation and Machinery
• Construction and Civil Engineering
• Energy Markets
• Other Industrial Equipment

Automotive

• Body Wiring & Power Distribution
• Powertrain
• Comfort, Convenience & Entertainment
• Navigation & Instrumentation
• Safety & Security

Transportation

• Commercial Vehicles
• RV’s & Power Sports
• Commercial Air
• Marine
• Rail
• Construction
• Farm & Garden

Military

Telecom/Datacom

• Carrier Network
• Enterprise Network
• Mobile & Wireless
• Wireless Infrastructure
• Subscriber Equipment
• Cable-Equipment-Infrastructure
• Other Telecommunications

Consumer

• Personal/Portable Consumer Electronics
• Home Video Equipment
• Home Audio Equipment
• Consumer White Goods
• Other Consumer
• Other Equipment

Chapters 4 Thru 8 Provide the Same Detail Level as Chapter 3

Chapter 4 – European Connector Forecast

Chapter 5 – Japanese Connector Forecast

Chapter 6 – Chinese Connector Forecast

Chapter 7 – Asia Pacific Connector Forecast

Chapter 8 – ROW Connector Forecast

2022 – A Year of Challenges and Rewards!

After what we thought would be one of the most interesting years ever, 2022 has shaped up to be full of even more challenges and rewards than 2021. The connector industry entered 2022 with strong bookings and sales, following a year, where sales grew an astonishing 24.3%. Although, there have been a few hiccups and road bumps along the way, the industry has maintained a positive outcome year-to-date in 2022.

Bookings, although still very high, started to decline in April, dropping from double digit growth to a single-digit decline. Year-over-year bookings remained in negative territory through September, where they once again returned to low single-digit growth, only to experience a double-digit decline in October. On a year-to-date basis, bookings dropped from double-digit growth in 2021 to low and even negative single-digit growth in late 2022.

Industry Sales Performance by Region

As indicated by the chart below, growth was not equal across all regions in 2021 nor will it be in 2022. The ROW region, which includes Central and South America, South Africa, and Russia saw the greatest growth at 31.2%. The ROW region was followed by Europe with growth of 26.8% and the Asia-Pacific region with growth of 25.9%. China, the largest region for electronic connector sales increased 23.8%. Japan, which has struggled for the past several years to bring sales back to their high of $6.4 billion in 2012, showed the least growth, with sales only increasing 19.1%. North America, who had previously proved to the world that they could rapidly divert manufacturing capacity from one industry to another, saw connector sales increase a healthy 22.2%.

Reviewing 2022, you see quickly that North America, which was ranked fifth out of six regions for percentage growth in 2021, is ranked number one in 2022 with double-digit growth of YY.6%. North America is followed by the ROW region, who drops from number one to number two in percentage growth, and who is anticipated to finish 2022 with double-digit growth of YY.2%. Japan, who as we previously mentioned, has struggled to bring sales past the $5 billion mark, will show the lowest percentage increase, with sales declining -2.0%.

Unlike 2021, where the region with the greatest percentage increase in sales was not the same region that exhibited the greatest increase in total dollars, North America will also represent the region with the greatest overall growth in sales dollars. North America will see sales dollars increase $X,XXX million, followed by China, where sales dollars will increase $X,XXX million. As in 2021, Japan will show the least increase in sales dollars, increasing only $XX million.

Please note currently we still are classifying economic information coming out of Russia as unreliable.

In addition to connector sales results varying by region in 2021, electronic connector sales will also vary remarkably by market sector in 2022. As the table on the following page shows, in 2021, the industrial market, which encompasses a variety of equipment, including industrial automation and process control equipment, robotics, machine tools, and machinery, energy generation and distribution, and building and civil engineering saw the greatest percentage growth, at 29.3%. The industrial market was followed by the telecom/datacom market where sales grew a strong 26.4%. Naturally this growth was driven by the increase in internet activity and the continuing drive towards 5G. These two market sectors were followed by the medical equipment sector, where not only the need to increase or replace therapeutic equipment drove sales, but also the increase in diagnostic equipment. Surprisingly enough, these two market sectors were followed by the transportation sector, where increases in rail and commercial vehicles continued to drive the market.

Forecast Assumptions

Forecasting is always difficult, especially during challenging times. Projecting future business conditions in this environment is almost impossible. Consider the following economic headwinds, political challenges, and uncertainties.

• We have still not totally come out of a global pandemic. Although great strides have been made to bring things back to previous conditions, continued outbreaks of both old and new variants of COVID, have made that extremely difficult. In addition to COVID, greater attention is also being given to other diseases including Monkey Pox and RSV (Respiratory Syncytial Virus).
• Inflation is increasing, as are interest rates, leaving less discretionary income for consumers to use on non-necessary items, especially things like recreational vehicles, second homes, and personal watercraft.
• World GDPs are slowing in all economies.
• We have a semiconductor shortage that is predicted to last through the balance of 2022 and the beginning of 2023. This is affecting the automotive, computer, and consumer electronics/appliances industry extensively.
• We have a global supply chain backlog, with shipping containers gridlocked, a global shortage of truck and crane operators, and rising transportation costs (fuel and maintenance)
• Record high petroleum prices, sparking shortages and record high prices.
• An ongoing labor shortage, with studies showing that by 2030, we will be an estimated 85 million workers short globally!
• Increasing political tensions: War in Ukraine, deepening friction between China and Taiwan, North Korea’s launching of eight ballistic missiles into the waters east of the Korean peninsula and China’s announcement that they have equipped on their six nuclear -powered submarines, JL-3 intercontinental ballistic missiles capable of hitting the continental US.
• Iran is ramping up its nuclear program, after discussions with the Biden administration to rejoin the JCPOA stalled due to Russia’s demand for more exemptions from sanctions.
• Although the Department of Homeland Security (DHS) announced that the secretary of Homeland Security designated Afghanistan Temporary Protected Status (TPS) for 18 months, effective May 20, 2022, through November 20, 2023, they are still being led by the Taliban, an organization that is notorious for cruelty and aggression.