Connector Industry Reports

Connector Industry Forecast


Report Number: F-2021-02
Price: $5135.00
Publication Date: November 2021



Connector Industry Forecast 2021-2026

After what we thought would be one of the most challenging years ever, 2021 is showing to be even more surprising than 2020!

  • How is the connector industry preforming in 2021? Is the pandemic still affecting the industry? Which regions appeared to have weathered the pandemic better than others? Which market sectors?
  • Which market sectors and sub-sectors will show the greatest growth in 2021, in 2022, in 2026? Which market sectors and sub-sectors if any, are anticipated to contract?
  • In addition to the Covid, what outside factors are affecting connector growth in 2021? What factors may affect growth beyond 2021?
  • Historically, how will 2020’s and 2021’s performance impact demand? How are currency fluctuations impacting connector sales dollars?
  • What market trends have prevailed in 2021? In 2022 and beyond and why?

Bishop & Associates’ newest research report, the Connector Industry Forecast looks at past sales and reviews total world connector sales in 2020, providing a comprehensive analysis by region and market sector of projected connector sales for 2021 through 2026. 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.

2021 is turning out to be a year no one could have expected. Review the connector industry’s extraordinary performance in this year of firsts, order your copy of the Connector Industry Forecast.

Connector Industry Forecast

Chapter 1 – 2021 – Proving to be a Year Even More Surprising Than 2020!
  • Billings Year-over-Year and Year-to-Date
  • Industry Sales Performance by Region
  • 2019 and 2020 Connector Sales by Region with Percent Change
  • 2020 and 2021F Connector Sales by Region with Percent Change
  • 2019 and 2020 Connector Sales by Market Sector with Percent Change
  • 2020 and 2021F Connector Sales by Market Sector with Percent Change
  • Change in Market Share
  • Market Share by Region 2011 through 2021F
  • Industry Sales Performance by Month
  • Industry Sales Performance by Market Sector 2018 and 2019 with Percent Change
  • Change in Percent Growth 2018 versus 2019
  • Industry Sales Performance by Market Sector 2019 and 2020 with Percent Change
  • Change in Percent Growth 2019 versus 2020
  • Industry Sales Performance by Market Sector 2020 and 2021F with Percent Change
  • Change in Percent Growth 2020 versus 2021F
  • Historical Sales Performance
  • Connector Industry Business Cycles Growth Cycles Highlighted
  • Historical Percentage Change in Connector Demand
  • 2021 YTD Currency Impact on Regional Industry Growth
  • Local Currency to One USD October 2020 versus October 2021
  • Industry Sales Performance October 2021 USD-vs-Local Currencies
  • 2021 Outlook
  • 2021F Connector Forecast by Geographical Region with Percent Change
  • Forecast Assumptions
  • Five-Year Outlook (2021-2026)
  • Five Year Forecast – Region Percent Year-Over-Year Change Sales
  • Five Year Forecast – End-Use Equipment Sector Percent Year-Over-Year Change Sales
  • Market Outlook and Comments
Computers-Peripherals Sector
  • Overview
  • Current and Future Paradigms
  • Global Market Conditions
  • Server Market by Region 2019-30 Ux000
  • World Server Market by Regional Consumptions
  • World Server & Connector Market by Regional Consumption 2020-30
  • Comments
  • Gartner Take on PC Market
  • Other Potential Issues with this Forecast
  • Keys to Increasing Server Demand and Connector Content
  • Keys to Increasing PC/Tablet and Connector Demand
  • Some of the Overall Trends Affecting the Computer Market Sector
  • Trends by Subsector
  • 2021F World Computer and Peripheral Connector Forecast – Market Share by Region
Business/Office Equipment Sector
  • Global Market Conditions
  • Trends by Subsector
  • Overall
  • 2021F World Business/Office Equipment Connector Forecast - Market Share by Region
Instrumentation Sector
  • Global Market Conditions
  • World Instrumentation Connector Sales Forecast 2021F through 2026F
  • Worldwide Market Sub-Sectors
  • Worldwide Instrumentation Connector Market by Sub-Sector – 2026F
  • Automatic Test Equipment Sub-Sector
  • Analytical and Scientific Instruments
  • Other Instruments
  • Regional Sub-Sector Views
  • North America
  • North American Instrumentation Connector Sales Forecast 2021F through 2026F
  • Europe
  • Europe Instrumentation Connector Sales Forecast 2021F through 2026F
  • Japan
  • Japan Instrumentation Connector Sales Forecast 2021F through 2026F
  • China
  • China Instrumentation Connector Sales Forecast 2021F through 2026F
  • Asia Pacific
  • Asia Pacific Instrumentation Connector Sales Forecast 2021F through 2026F
  • ROW
  • ROW Instrumentation Connector Sales Forecast 2021F through 2026F
  • 2021F World Instrumentation Connector Forecast - Market Share by Region
Medical Equipment Sector
  • Global Market Conditions
  • Worldwide Medical Connector Sales Forecast Update 2019, 2020, 2021F through 2026F with Percent Change and Five-Year CAGR
  • Worldwide Market Sub-Sectors
  • Worldwide Medical Connector Market by Sub-Sector 2021F and 2026F
  • 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 2019, 2020, 2021F, and 2026F with Percent Change and Five-Year CAGR
  • Europe
  • Europe Medical Connector Sales Forecast Update 2019, 2020, 2021F, and 2026F with Percent Change and Five-Year CAGR
  • Japan
  • Japan Medical Connector Sales Forecast Update 2019, 2020, 2021F, and 2026F with Percent Change and Five-Year CAGR
  • China Medical Connector Sales Forecast Update 2019, 2020, 2021F, and 2026F with Percent Change and Five-Year CAGR
  • Asia Pacific
  • Asia Pacific Medical Connector Sales Forecast Update 2019, 2020, 2021F, and 2026F with Percent Change and Five-Year CAGR
  • ROW
  • ROW Medical Connector Sales Forecast Update 2019, 2020, 2021F, and 2026F with Percent Change and Five-Year CAGR
Industrial 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 2019 – 2021F
  • Regional Connector Industry Sales Performance USD vs Local Currency 2020
  • Industrial Connector Market Sales Performance by Subsector 2019-2021F
  • GDP Growth and Forecast by Country-Region 2019-2026F
  • In 2020, Global GDP Decreased with -4.3% YOY, 2021 is Expected Growth +4.5%
  • Global Industrial Production 2010-2021
  • Regional View
  • North America
  • Annual YoY Growth Rates and Forecast through 2026 of the NA Industrial Market for Connectors
  • Europe
  • Annual YoY Growth Rates and Forecast through 2026 of the European Industrial Market for Connectors
  • Japan
  • Annual YoY Growth Rates and Forecast through 2026 of the Japanese Industrial Market for Connectors
  • China
  • Annual YoY Growth Rates and Forecast through 2026 of the Chinese Industrial Market for Connectors
  • Asia Pacific
  • Annual YoY Growth Rates and Forecast through 2026 of the AP Industrial Market for Connectors
  • ROW
  • Annual YoY Growth Rates and Forecast through 2026 of the ROW Industrial Market for Connectors
  • Industrial Market for Connectors – Market Outlook 2021F through 2026F
  • Industrial Market for Connector Five-Year CAGR 2021F through 2026F by Subsector
  • Industrial Market for Connectors by Region 2019, 2020F, and 2026F
  • Industrial Market for Connectors by Segment 2019, 2020F, and 2026F
  • Six-Year CAGR by Region for the Industrial Market for Connectors 2020F to 2026F
  • Annual YoY Growth Rates and Forecast through 2026 of the World Industrial Market for Connectors
  • 2021F World Industrial Connector Forecast - Market Share by Region
Automotive Sector
  • Global View
  • Automotive Connector Sales by Region 2019, 2020, and 2021F with Percent Growth
  • Automotive Light Vehicle Production 2019-2025
  • 2016, 2021F, and 2026F Worldwide Automotive Connector Market by Region with 5- and 10-Year CAGR
  • 2021F 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
  • 2021F World Transportation Connector Forecast – Market Share by Region
Military/Aerospace Sector
  • Global Market Conditions
  • 2021F 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
  • 2021F World Telecom/Datacom Connector Forecast - Market Share by Region
Consumer Electronics Sector
  • Global Market Performance & Forecast
  • Consumer Electronic Market Segments
  • Current Nature of this Market and Connector Applications
  • Overall Observation and Comments
  • Latest Input: 2021 CES
  • 2021F 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
  • 2020-2021F Percent Change and 2021F-2026F Five-Year CAGR
  • 2021F and 2026F 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
  • 2020-2021F Percent Change and 2021F-2026F Five-Year CAGR
  • 2021F and 2026F 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
  • 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
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

2021 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, and ROW), an industry overview is included which provides current market trends, including connector confidence level, currency fluctuation effects, and industry sales performance, as well as an outlook narrative.

Worldwide and each regional forecast includes:

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 Business/Office Equipment

Instrumentation
Automatic Test Equipment
Analytical/Scientific Instruments
Other Instrumentation

Medical Equipment
Diagnostic & Imaging Equipment
Therapeutic Equipment
Other Medical Equipment

Industrial
Heavy Equipment
Industrial Auto & Process Control
Building & Civil Engineering
Energy Markets
Machine Tools, Machinery & Robotics
Other Equipment


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

Transportation (non-auto)
Commercial Vehicles
RV's & Power Sports
Rail
Construction
Farm and Garden

Military/Aerospace

Telecom/Datacom
Carrier Network
Enterprise Network
Wireless Infrastructure
Subscriber Equipment
Other Telecommunications

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

Other Equipment

2021 – Proving to be a Year Even More Surprising Than 2020!

After what we thought would be one of the most challenging years ever, 2021 is showing to be even more surprising than 2020. Declining a mere -2.2%, 2020 started off with sales anticipated to grow 3.5%. As the pandemic exploded, affecting key economies like China and the US, we revisited our original forecast and sent the forecast spiraling downward $20 billion, reflecting a decrease of -30.8%.

By third quarter once again things had changed directions and sales moved from declining double-digits to positive year-over-year growth. This would allow 2020 to close with connector sales only declining -2.2%.

As we moved into 2021, we anticipated growth due to easy comparisons to 2020, but no one anticipated 11 straight months of double-digit growth and a year-to-date book-to-bill ratio of 1.14!

Industry Performance by Region

As the following charts indicate, growth and decline were not equal across all regions in 2020 or will they be in 2021. China, who came out of lockdown the earliest was the only region to see connector sales grow in 2020, increasing 3.6%. North America, who proved to the world that they could rapidly divert manufacturing capacity from one industry to another, saw connector sales drop 2.8%. The greatest decline was seen in Japan, where connector industry sales dropped 9.4% or over $460 million dollars.

https://bishopinc.com/wp-content/uploads/2021/07/table1.jpg

Growth in 2021 is also going to vary drastically based on region. Although the ROW region is anticipated to show the greatest year-over-year growth from a percentage standpoint, from a US dollar standpoint, the greatest growth is anticipated to be seen in China, where sales dollars will increase by over $X.7 billion.

In addition to connector sales results varying by region, sales also varied remarkably by market sector in 2020. As the table below shows, the telecom/datacom market grew 1.5%, spurred by increased Internet activity and the drive towards 5G. In line with this growth, was the very slight decline in computers & peripherals. This market sector, which saw sales decline 7.2% from 2018 to 2019, showed a strong rebound linked directly to telecommuting of both business professionals and students.

The market sector showing the greatest decline was the automotive sector, where sales dropped a steep 7.0%. This was primarily due to auto plants being shuttered and most dealers being forced to close showrooms. In fact, in the US, 2020 was the fourth-largest annual decline in automotive sales since 1980. What is surprising is that the industrial market, tied heavily to automotive production, saw connector sales decline only 2.3% due to the repurposing of many off these factories. Also showing a steep decline was the transportation sector, where sales dropped 3.0%. What is unique about this decline is that not only was it spurred by travel restrictions placed worldwide, but also due to the unique problems facing the commercial aerospace industry in 2019 that rolled over into 2020.

https://bishopinc.com/wp-content/uploads/2021/07/table2.jpg
2021 Outlook

Due to outstanding performance through the first nine months of 2021, Bishop is forecasting 2021 sales to grow by Y.Y% to $7X,XXX million. We anticipate the greatest percentage increase will occur in ROW, where sales will increase Y.Y%, followed by Europe where sales will increase Y.Y%. In US dollars, the smallest growth will be seen in the Japanese region, where connector sales will increase by $X11.8 million or Y.Y%. The Japanese region will be followed by ROW, where sales will only grow $8XX.3 million or Y.Y%.

https://bishopinc.com/wp-content/uploads/2021/07/table3.jpg
Forecast Assumptions

Forecasting is always difficult. Projecting future business conditions in this environment is almost impossible. The following are the assumptions we are using to develop the connector industry forecast.

  • We are in the middle of a global pandemic, with efforts continuing to vaccinate much of the population in hope of achieving herd immunity in key societies.
  • Inflation is increasing, as are interest rates, causing consumers to hold off on large purchases such as recreational vehicles, second homes, and personal watercraft.
  • World GDPs are slowing, particularly in the two largest economies (China and the US).
  • We have a semiconductor shortage that is predicted to last through most of 2022. This has already affected the automotive 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)
  • There is a shortage of oil and gas in the US.
  • China has launched a supersonic missile and is threatening Taiwan.
  • North Korea is once again launching missiles.
  • Iran is ramping up its nuclear program.
  • Afghanistan is being led by the Taliban, an organization that is notorious for cruelty and aggression.

Download a descriptive brochure here