News


Connector market to slow in 2005

18 May 2005 News

The connector industry achieved sales of $33,4 bn in 2004, growing by 17,9% according to Bishop & Associates' new Connector Industry Forecast Report just published. This makes 2004 the second-best year in industry history, according to the specialist market research firm. The industry's best year was 2000, when sales increased by 18,1%. All geographic regions achieved double-digit growth with China up an incredible 34,8%.

With the US dollar continuing to decline versus major currencies throughout 2004, real growth as measured in local currencies was 13,4%, according to the report.

In terms of the outlook for 2005, the market research firm says that it now appears that the electronics market and the connector industry will take a breather from the blistering 17,9% growth in 2004. After two months of 2005, connector orders are down year-to-date (-2,3%) and sales are down -0,1%. This compares to orders up 30,7% and sales up 26,0% after January and February of 2004. So, 2005 is off to a slow start, it says.

Bishop & Associates publishes four quarterly connector forecasts each year. In addition to the detailed forecasts for each region of the world, an industry overview is included which provides current market trends by sector, and outlook narrative by sector and region.

www.bishopinc.com





Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

Mouser stocks wide product selection from Renesas companies
TRX Electronics News
The products on offer include embedded solutions, semiconductors, optoelectronics, sensors and passive components.

Read more...
TUKS campus taken over by robots!
News
Students are required to build autonomous robotic vehicles with a sensor system to detect specific colours on a multi-coloured track.

Read more...
Altron Arrow FAE earns STMicroelectronics award
News
Renaldo Fibiger was one of only two people from the whole of the EMEA region who scored 30 out of 31 in the certification course.

Read more...
Infineon to exhibit at Embedded World 2022
News
This Infineon will be showcasing various focus areas dealing with embedded systems and the internet of things.

Read more...
Avnet Abacus congratulates Bourns on 75 years of innovation
Avnet Abacus News
This year also marks a milestone with the 21st anniversary of the distribution alliance between these two companies.

Read more...
New product marketing manager for Yamaha’s SMT section
News
Yamaha appoints Kamil Stasiak, a 10-year veteran of the industry, as product marketing manager for its surface-mount technology section.

Read more...
Partnership between mLab and MICT SETA announced
News
The MOU between the two parties will seek to upskill South Africans, allowing them to keep up with a rapidly changing employment market.

Read more...
Infineon’s easy-to-use replacement for legacy barrel jacks
Altron Arrow News
It is estimated that over 10 billion power tools are still using the old barrel jacks for their power needs, which will need to change.

Read more...
Worldwide silicon wafer shipments edge higher to new record
News
SMG reports that worldwide silicon wafer shipments in the first quarter of 2022 surpassed the previous record high set in the third quarter of 2021.

Read more...
Arrow Electronics announces alliance with Senseye
Altron Arrow News
The agreement will see Arrow Electronics together with Senseye bringing to market AI-based predictive maintenance solutions for industrial sectors.

Read more...