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Europe accounted for 20% of Worldwide Connector Demand
Sunday, September 11, 2016 1:49:06 PM America/New_York
According to analysis of the World Electronic Connector Market, declining more than $3.35 billion, connector industry sales decreased -6.1% in 2015. Percentage wise, the ROW region exhibited the greatest decrease, with a year-over-year sales decrease of -19.9%, followed by Japan with a year-over-year decrease of -15.1%, and Europe with a year-over-year decrease of -11.4%. The only region to not show a decrease was Asia Pacific, where sales increased a very meager 0.1%. In US dollars, the greatest decline was seen in Europe, where sales declined $1,350.1 million, followed by Japan where sales declined $843.9 million.
In 2015, the Top 100 Connector Manufacturers accounted for more than 91% of the total electronic connector market.
Acccording to Connector Industry Yearbook, based on annual reports provided by publicly traded connector companies, profits for the Electronic Connector Industry increased in 2015 with average net income of 13.7% of sales, compared with 11.0% in 2014. As a result of the worldwide economic downturn in 2009, the lowest net income as a percent of sales occurred in 2009 at -12.6%. This was the first time that net income had been a negative number for the consolidated public companies. Between 2006 and 2010, net income increased from 7.5% of sales in 2006 to 8.3% of sales in 2010. Between 2011 and 2015, net income increased from 7.8% in 2011 to a high for this period of 13.7% in 2015.
According to, Connector Industry Forecast report, 2015 was a disappointing year for the connector industry. Year-over-year, connector sales declined -6.1% to $52,050 million. All regions saw a decline in sales, except Asia Pacific, where connector sales grew a meager 0.1%. The greatest decline in sales was seen in ROW, where connector sales declined -19.9% year-over-year. This was followed by Europe, with a decline in connector sales of -15.1%. Even China, who demonstrated double-digit growth in 2014, saw a decline in connector sales of -1.5%.
In US dollars, the greatest decline in connector sales was seen in Europe, where the connector industry declined $1,350 million dollars, or approximately 12.9% of the total European connector market. Japan’s connector market declined $843.9 million or approximately 17.7% of its value The ROW market declined $570.9 million dollars, representing 24.9% of the total ROW market.
The European Connector Market is now smaller than the North American market. This last happened in 2007. 2015 also was only the second time in 12 years that Japanese connector sales fell below five billion dollars.
In 2015, Europe accounted for 20% of worldwide connector demand.
- Which European countries/regions drove this demand?
- What market sectors outperformed the average (European) market and which sectors were underperforming?
- 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?
- Which leading OEMs do we find in the various countries?
- How does the FX market affect the European connector market?
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European Connector Market 2015, 2016-2021 provides detailed connector statistics by equipment sector and product category for 19 countries/regions. Included is a chapter on specific end-use equipment markets and a chapter on the market dynamics in Europe. Data is provided for the years 2014, 2015, 2016E, and a forecast for 2021 (including five-year CAGRs). A region steeped in tradition and recognized for its innovation and entrepreneurship, the European connector market offers something for everyone, be able to identify and find your niche, order you copy of the European Connector Market 2015, 2016-2021.