NEW YORK, May 12, 2016 /PRNewswire/ -- 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, ROW), an industry overview is included which provides current market trends, industry book-to-bill ratios, and outlook narrative.
Worldwide and each regional forecast includes:
Computers & Peripherals
Communication LAN Devices
Other Computer Equipment
Other Business/Office Equipment
Automatic Test Equipment
Diagnostic & Imaging Equipment
Other Medical Equipment
Industrial Auto & Process Control
Building & Civil Engineering
Machine Tools, Machinery & Robotics
Body Wiring & Power Distribution
Comfort, Convenience & Entertainment
Navigation & Instrumentation
Safety & Security
RV's & Power Sports
A., M., Construction, and Farm and Garden
Home Video Equipment
Home Audio Equipment
Consumer White Goods
2015 – A Disappointing Year for the Connector Industry
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.
How did the connector industry perform in 2015?
How is the connector industry anticipated to perform in 2016 and beyond?
Which markets and sub-sectors will show the most growth in 2016, in 2021?
What affect did exchange rates have on the connector industry in 2015?
Historically, how did 2015's performance affect demand?
What market trends will prevail in 2016 and beyond and why?
Bishop & Associates newest research report, Connector Industry Forecast reviews total world connector sales in 2015 and provides a comprehensive analysis by region and market sector for projected connector sales from 2016 through 2021. 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 2016 and beyond, order your copy of the Connector Industry Forecast.
Read the full report: http://www.reportlinker.com/p03815562-summary/view-report.html
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