Connector Industry Forecast
LONDON, July 24, 2017 /PRNewswire/ -- How did the connector industry perform in 2016?
How is the connector industry anticipated to perform in 2017 and beyond?
Which markets and sub-sectors will show the most growth in 2017, in 2022?
What outside factors affected connector growth in 2016? What factors may affect growth in 2017 and beyond?
Historically, how did 2016's performance effect demand?
What market trends will prevail in 2017 and beyond and why?
Bishop & Associates research report, Connector Industry Forecast, reviews total world connector sales in 2016 and provides a comprehensive analysis by region and market sector of projected connector sales for 2017 through 2022. 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.
Be attuned to the markets and sub-sectors that will drive connector sales in 2017 and beyond, order your copy of 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, 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
2017 - Connector Industry on an Upward Roll
2016 was a year of recovery and growth for the connector industry. Year-over-year, total connector sales grew +4.1% to $54,164 million. Although not all regions saw growth, China had double-digit expansion while Europe and ROW had solid mid-single digit growth. Japan and Asia Pacific the two regions that did not grow, declined 7.8% and 3.4% respectively. North America, who saw sales decline 3.1% in 2015, saw sales grow 3.1% in 2016.
In US dollars, Japan's decline of -7.8% means connector sales have declined three of the last four years, from a high of $6,400 million in 2012, to $4,391 million in 2016. This represents a loss of over 31% of connector sales in only four years! Asia Pacific's decline of -3.4% is the first decline in sales they have experienced since the 2009 financial crisis. What is even more astounding is that Asia Pacific is now almost twice the size of Japan. Ten years ago, Japan was larger than Asia Pacific.
The Chinese connector market's gain of 11.9% was the largest gain in 2016, and puts them almost five billion dollars ahead of any other region. It is interesting to note that in 10 years, the Chinese market has almost doubled in size, going from $8,262 million in 2006 to $16,465 million in 2016. At the same time, China's market share has grown from 19.1% of the total world market to 30.4%.
Although Europe had good growth, increasing sales by 5.4%, they still have only seen one period over the last five years where they had consecutive year-over-year growth. This inconsistent growth puts them below sales levels seen as little as five years ago. The ROW region, which had the second greatest year-over-year increase in 2016, is still experiencing market share loss, with market share dropping from 5.4% in 2006 to 4.5% in 2016.
Download the full report: https://www.reportbuyer.com/product/4595328/
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