Connector Industry Reports

Connector Industry Forecast


Report Number: F-2021-01
Price: $3950.00
Publication Date: March 2021





2021 Connector Industry Forecast

2020 was a year full of surprises! Not only did the connector industry end up being more resilient than anyone initially thought was possible, but connector manufacturers also showed how equipment and resources could be redirected for the betterment of all!

  • How is the connector industry anticipated to perform in 2021? What effect has the pandemic had on 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 2026? Which market sectors and sub-sectors if any, are anticipated to contract?
  • Besides the pandemic, 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 will prevail in 2021 and beyond and why?

Bishop & Associates newest research report, the Connector Industry Forecast reviews total world connector sales in 2020 and provides 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.

2020 will go down in the history books as a year of firsts. See how the pandemic has shaped the present and the future of the connector industry, order your copy of the Connector Industry Forecast.

Connector Industry Forecast

Chapter 1 – 2020 – A Year Full of Surprises!
  • Connector Industry Quarterly Sales Results 2018, 2019, and 2020
  • Industry Sales Performance by Region
  • 2019 and 2020 Connector Sales by Region with Percent Change
  • 2019 and 2020 Market Share by Region
  • 2019 and 2020 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 January 2020 versus January 2021
  • Industry Sales Performance January 2021 USD-vs-Local Currencies
  • 2020 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 – 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
  • Computer, Business Equipment, and Consumer Electronics Connector Sales 2020 and 2026F with 6-Year CAGR
  • 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
  • Regional View
  • North America
  • Europe
  • Japan
  • China
  • Asia Pacific
  • 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
  • Economic Considerations
  • Monthly Sales Performance Year-Over-Year
  • Driving Factors for TMI Connectors
  • The Analytical and Scientific Instrument Market
  • RF (including Microwave and Millimeter Wave) Text Equipment
  • Portability and Miniaturization
  • China Marketplace
  • Technology Considerations in the TMI Market
  • Connector Trends in the TMI Marketplace
  • Potential Concerns
  • Market and Technology Trends
  • ATE (Semiconductor, PCB Assemblies, LCD Display Panels) Test
  • Analytical and Scientific Instruments
  • Other Instruments
  • Regional View
  • North America
  • Europe
  • Japan
  • China
  • Asia Pacific
  • ROW
  • 2021F World Instrumentation Connector Forecast - Market Share by Region
  • Medical Equipment Sector
  • Global Market Conditions
  • COVID Impacts
  • Prevention
  • COVID Impact on Connector Growth Projections
  • North American Conditions
  • European Conditions
  • Japanese Conditions
  • Chinese Conditions
  • Asia Pacific Conditions
  • ROW Conditions
  • Diagnostics and Imaging Equipment Market Conditions
  • Therapeutic Equipment Market Conditions
  • Other Equipment Market Conditions
  • 2021F 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 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
  • 5G Networks
  • 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 Market 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
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

2020 – A Year Full of Surprises!

2020 ended up being a year full of surprises. We started off 2020 anticipating connector sales would grow 3.5%. By March, with the pandemic rearing its head and numerous economies, including key economies like China and the US going into lockdown, we revisited our previous forecast. Based on lengthy discussions with top management at key connector manufacturers, we revised our forecast, to reflect a decrease in connector sales of 30.8%. This decrease represented a decline in connector sales dollars of nearly $20 billion.

April, May, and June proved to be challenging months, with worldwide connector industry sales declining in the double digits. By September though, sales had once again moved into positive territory. And, in October, the industry recorded the highest year-over-year growth since July of 2018. At that time, based on input from key connector companies, Bishop once again adjusted their forecast, this time forecasting sales down 9.4%. A far cry from the -30.8% previously forecasted!

Fortunately, the industry proved to be even more resilient than any of us had anticipated and fourth quarter 2020 proved be outstanding, recording the highest quarterly sales in connector industry history.

Industry Performance by Region

Not all regions fared as well as others. China, who came out of lockdown the earliest, was the only region to see connector sales grow, 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.

In addition to connector sales results varying by region, sales also varied remarkably by market sector. 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.

Forecast Assumptions

The following are the assumptions we are using to develop the connector industry forecast.

  • New cases of COVID-19 and its variants will continue to decline, with most economies avoiding additional shutdowns or shelter in place directives.
  • Efforts to vaccinate much of the population will continue, with enough people immunized to achieve herd immunity by fall 2021.
  • The continued slow reopening of “other” industries (shopping malls, restaurants, beauty salons, barbershops, gyms, and other nonessential businesses). The timing for opening and the rules and regulations that will be implemented to reopen will vary drastically by country, state, county, and city. In fact, some states in the US have already lifted mandatory mask requirements.
  • World economies will recover slowly throughout 2021, with some economies like Japan, not reaching levels seen in 2018 until 2024. Others like China will be back on track by mid-2021.
  • Consumers will continue to replace items like televisions, mobile phones and appliances, but only when necessary. Although items such as laptops and other home office equipment saw strong demand in 2020, most of these items will have already been purchased and new product purchases will be limited to peripherals.
  • Demand for consumer items such as recreational vehicles and personal boats will continue, but not at the rate seen in 2020. Consumers still unable to take previously planned vacations will continue to rely on closer to home, self-contained trips such as those typically taken with a RV or motorboat.

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