Industry Overview: Connector Sales 2022-2023
Summary
In the global connector industry, 2022 saw a growth of 7.8%, but this momentum faltered in 2023, with a 2.7% decline in sales, amounting to a $2.2 billion decrease. All regions except Europe and the Rest of the World (ROW) experienced sales drops, with Japan and the Asia-Pacific region facing the steepest declines. Despite this downturn, Europe recorded a 3.8% increase in sales, and ROW saw a modest 0.9% growth. Historical data shows only ten instances of sales decline over the past 44 years, with 2009 being the worst year. Although sales showed some improvement at the end of 2023 and into early 2024, the recovery was not as dramatic as the rebound in 2010. Looking ahead, the connector market is expected to grow by 4.2% in 2024. Key end-use sectors remain telecommunications/data communications and automotive, with commercial/office equipment showing minimal growth in 2023.
Image from Internet
After a 7.8% increase in 2022, the global connector industry experienced a slowdown in 2023. Sales dropped by 2.7% from 2022 to 2023, translating to a decrease of $2.2 billion in revenue. All regions except Europe and the Rest of the World (ROW) saw a decline in sales, with Japan experiencing the largest drop at -9.5%, followed by the Asia-Pacific region with a -7.3% decrease. Europe saw a growth of +3.8%, and ROW experienced a modest increase of 0.9%.
The chart below shows the percentage change in global connector sales annually since 1981. Over the past 44 years, there have been only ten years of declining sales. In 2009, the industry faced its worst year with a -21.8% decline. However, 2010 saw a remarkable recovery with a +28.2% growth, marking the largest year-on-year change in the industry’s history. While connector sales showed some improvement at the end of 2023 and the beginning of 2024, it did not reach the dramatic levels seen in 2010. Forecasts predict a 4.2% growth in connector sales for 2024.
World Connector Market by Region and Percentage Change (2022 - 2023)
Regional Summary
As shown in the table, the mixed results for 2023 based on global regions have impacted the 5-year, 10-year, and 20-year Compound Annual Growth Rates (CAGR) in various ways. Comparing 2023-2024 with 2022-2023, the global CAGR for each period has decreased. However, individual regions have seen differing changes based on their growth trends. For instance, Europe achieved growth in 2023, resulting in improved 5-year, 10-year, and 20-year CAGRs. In contrast, China saw a decline in sales in 2023, which led to a decrease in its CAGR for the same periods. In regions where growth or decline rates were below 1.0%, CAGR remained relatively stable or showed minimal fluctuation.
Regional Growth Rate (Forecast for 2023 - 2024)
Regional Growth Rate (2022 - 2023)
End-Use Equipment Industry
Telecommunications/data communications remain the largest end-use sector for electronic connector products, followed by the automotive sector. It is expected that by 2024, telecommunications/data communications will continue to be the largest end-use sector, with automotive remaining in second place. Commercial/office equipment experienced the smallest growth in 2023.
Disclaimer: The information above is sourced entirely from the internet and does not represent the views of this account. If there are any infringements or objections, please contact us for removal.
- |
- +1 赞 0
- 收藏
- 评论 0
本文由samsara转载自Kinghelm Official Website，原文标题为:Industry Overview: Connector Sales 2022-2023，本站所有转载文章系出于传递更多信息之目的，且明确注明来源，不希望被转载的媒体或个人可与我们联系，我们将立即进行删除处理。
相关推荐
2024 Trends in Connectors: Innovations and Key Developments
In 2024, the connector industry is experiencing notable advancements driven by evolving technological demands and new applications. Here’s a look at the key trends shaping connectors this year.
With the Development of Electric Vehicles, the Industrial Connector Industry Has Also Ushered in Opportunities
Future The electric vehicle industry has a huge demand for connectors. With the growth of automatic driving, consumer demand for cars, and the increasing popularity of onboard information entertainment, the demand for automotive connectors will continue to expand.
AIMMET（祥峰实业）FAKRA SMB车用连接器选型指南
描述- The AIMMET connectors are specially designed for automotive applications. They are based on the SMB connector interface and comply with the DIN and UScar car standard.
型号- 3666NTGXXE2,3901NTGXXD1,3658NTGXXC1,3661TTG00C4,8011,5021,3663NTGXXDD,3640,3002,3614TTG00I1,3651NTGXXK5,4301NTYXXE1,4902TTG00C2,3638,3639,4102NTGXXC1,3631,3859NTGXXE1,3632,3633,3634,3635,3636,3637,3661TTG00B5,6002,3601NTGXXA1,3617NTGXXL1,4903TTG00C2,3641,3642,3615TTG00K1,3813TTG00Z1,9001,3664NTGXXC1,9005,3671TTG00G1,3662NTGXXG1,3679TTG00D1,3815TTG00E1,4302NTYXXB1,3659NTGXXZ1,3699NTG00Z1,3807TTG00C1,4303NTYXXL1,4003,3811NTGXXB1,3677TTG00A3,1001,3623NTGXXC2,6019,3680TTG00Z1,3701,3657NTGSPF1,3643TTG00C1,3667NTGXXA2,3660NTGXXI1,3670TTG00I1,3601NTG26A1,3604TTG00K3,3812NTGXXZ1,3675TTG00B4,3673NTGXXC1,3604TTG00L2,3611NTGXXG1,3614TTG00F3,3604TTG00D1,36030,3610TTG00F1,3602,1027,3676TTG00Z1,3602NTGXXB1,3665NTGXXK2,3656NTGXXE1,3807TTG00G3,3604TTG00E6,3701NTGXXK5,3606TTG00Z2,2003,3610TTG00C7,4101NTGXXZ1,3808NTGXXF1,3624NTGXXB3,3610TTG00C8,3618TTG00D1,3668GTG00Z1,3603NTGXXC2,3654NTGXXB2,3669TTG00C1,3655NTGXXD1,7031,3626,3625,3622,3621,5005,3612TTGXXH1,3858NTG14Z1,3629,3628,3627
维峰电子（WCON）公头/母头汽车连接器（直型&直角型）& 线对板连接器选型指南
目录- 4.0mm Automotive Connector Male/Female 3.0mm Automotive Connector Male/Female 2.20mm Wire To Board Connector
型号- 73040-4FC026APSNWA4,74040-3MX035ABXXJA5W,73000-1MS006ABSNGA1,74040-3MR035ABXXNA2W,74040-3FCXXXANSNWAX,73040-4FCXXXAPSNWA1,74040-3MR014ABSNNAX,74040-3MS035ABXXNA4W,74040-3MR014ABXXNAX,74040-3MR023ABXXNA4W,74040-3MR023ABXXJAXW,74040-3FC023ANSNWAX,74040-3FC014ANSNWAX,74040-3MX014ABXXJA1W,74040-3MX035ABXXJA4W,74040-3MR008ABXXJAXW,74040-3MR035ABXXJAXW,72230-2MSXXXXBXXBT1,74040-3MR035ABXXNA3W,74040-3MS014ABXXNAX,73040-4FC026APXXWA2,73040-4FC026APXXWA1,73040-4FC026APXXWA4,73040-4FC026APXXWA3,74040-3MS035ABXXNA3W,74040-3MX014ABSNJAXW,74040-3MR014ABXXNA4W,74040-3MS014ABSNNAX,73040-4FC026APSNWA2,74040-3MS035ABXXJAXW,73040-4FC026APSNWA3,74040-3MR023ABXXNA3W,73040-4FC026APSNWA1,74040-3MR008ABXXNA2W,74040-3MR035ABXXNA4W,74040-3MS035ABXXNAX,74040-3MS008ABXXNA1W,74040-3MR008ABXXNAX,74040-3MX035ABSNJAXW,K300-QM002-4009W4WA1,72230-2MRXXXXBXXBT1,72230-2MRXXXABSNBT1,74040-3MR023ABSNNAX,74040-3FC008ANSNWAX,74040-3MS008ABSNNAX,74040-3MX023ABSNJAXW,74040-3MR008ABXXNA1W,74040-3MR008ABSNJAXW,74040-3MR035ABXXNA5W,74040-3MS023ABXXNA4W,74040-3MX023ABSNNAX,73040-4FC034APXXWA4,73040-4FC034APXXWA3,73040-4FC034APXXWA2,73040-4FC034APXXWA1,K300-QM001-4XXXW4WAX,74040-3MS035ABXXNA5W,74040-3MS008ABSNJAXW,74040-3MR035ABSNNAX,74040-3MS023ABSNJAXW,72230-2HKXXB01,K300-QM002-4007W4WAX,K300-QM001-4007W4WA1,74040-3MS023ABXXNA3W,74040-3MS014ABXXNA3W,74040-3MS023ABXXJAXW,74040-3MS008ABXXJAXW,74040-3MR035ABXXNAX,74040-3MS014ABXXJAXW,74040-3MX023ABXXJA3W,74040-3MX014ABXXJA4W,74040-3MX035ABXXJA1W,74040-3MR014ABXXNA1W,72230-MTPSN01,74040-3MS023ABSNNAX,72230-2MRXXXXBSNBT1,74040-3MS023ABXXNA2W,K300-010-060W401,74040-3MS008ABXXNA2W,74040-3MS014ABXXNA4W,74040-3MX008ABSNNAX,74040-3MS023ABXXNAX,74040-3MX023ABXXJA4W,74040-3MX035ABSNNAX,74040-3MR023ABXXNA2W,74040-3MR008ABSNNAX,74040-3MX014ABXXJA2W,73040-4FC034APSNWA1,74040-3MS035ABXXNA2W,74040-3MX035ABXXJA3W,73040-4FC034APSNWA2,73040-4FC034APSNWA3,73040-4FC034APSNWA4,72230-2MSXXXXBSNBT1,74040-3MS014ABXXNA1W,K300-QM002-4016W4WA1,72230-2HXXB01,74040-3MS023ABXXNA1W,72230-TPSN01,74040-3MX023ABXXJA1W,73000-1MS006ABSNXA1,74040-3MR014ABXXJAXW,74040-3MR023ABXXNAX,74040-3MR014ABXXNA3W,74040-3MR014ABSNJAXW,74040-3MR023ABXXNA1W,74040-3MS035ABXXNA1W,74040-3MX035ABXXJA2W,74040-3MS035ABSNNAX,74040-3MR035ABSNJAXW,74040-3MS014ABSNJAXW,74040-3MS014ABXXNA2W,74040-3FC035ANSNWAX,74040-3MX008ABSNJAXW,74040-3MR035ABXXNA1W,74040-3MX014ABSNNAX,K300-QM002-4016W4WAX,74040-3MX023ABXXJA2W,K300-QM002-4007W4WA1,74040-3MX014ABXXJA3W,74040-3MR014ABXXNA2W,K300-QM001-4009W4WA1,74040-3MS008ABXXNAX
Kinghelm KH-2.54PH180-3X16P-L11.5 Pin Header Connector: Precision Connection and the Core Mechanism Driving Data Transmission
The Kinghelm KH-2.54PH180-3X16P-L11.5 2.54mm pitch three-row straight pin header connector is an excellent choice for high-density, high-performance applications. With its precise manufacturing, premium materials, and reliable performance, it offers an efficient solution for complex data transmission needs. Its broad compatibility and ease of installation further enhance its value, making it a trusted component for various industries including communications, industrial control, automotive, and medical fields.
Lightweight and Vibration-resistant Connector for Commercial Use | Nextron
With several years of MIL standard connectors designing experience, NEXTRON now releases a new circular connector series: IGUANA. Based on MIL-spec technologies, IGUANA is developed for commercial use. The series provides highly reliable connection in high vibration environments. The unique push lock bayonet coupling mechanism ensures all types of delivery robots perfect connections. Additionally, the series is carefully designed for convenient installment and maintenance.
MATE-AX Miniaturized Automotive Coax Connector System
型号- 0-2310558-2,1-2304168-9,0-2310558-9,RTK031,1-2304168-2,0-2310137-9,1-2304168-1,0-2310138-9,1-2310137-1,0-2298724-2,0-2298724-1,1-2310138-2,1-2310138-1,1-2310137-2,0-2298721-9,0-2306868-2,0-2306868-1,0-2298724-9,0-2304168-2,0-2306368-9,0-2306868-9,0-2304168-1,1-2310558-1,1-2310558-2,1-2310137-9,0-2306368-1,0-2306368-2,0-2304168-9,1-2310138-9,0-2298721-2,0-2298721-1,1-2310558-9,0-2310137-1,0-2310138-1,0-2310137-2,1-2306368-2,0-2310138-2,0-2310137-3,1-2306368-1,0-2306498-9,0-2306498-2,0-2310558-1,0-2306498-1,1-2306368-9
Kinghelm KH-Type-C-16P USB Type-C Connector: A Reliable Alternative to HRO TYPE-C-31-M-12
The Kinghelm USB Type-C Connector KH-Type-C-16P provides an excellent alternative replacement for the widely used HRO TYPE-C-31-M-12 connector. With its advanced features and robust specifications, this connector is ideal for a wide range of applications, from gaming devices to aerospace and defense systems. In this article, we will explore the key features, advantages, and applications of the KH-Type-C-16P, showcasing its ability to meet the demands of modern electronics and connectivity solutions.
HFM® High-Speed FAKRA-Mini – is the Excellent Performing System of “Mini-Coax” Connectors for the Automotive Industry
Rosenberger HFM® - High-Speed FAKRA-Mini – the best performing system of “Mini-Coax” connectors for the automotive industry.
What Are the Differences between American, Japanese And European Automotive Connector Standards?
When selecting connectors, we should first consider the particularity of automobile connectors. The frame connector is also based on the self-determined standards of different vehicle manufacturers. The international standard is based on iso8092-2005.
Dual-Contact Design of Floating Connectors
Floating connectors are indispensable components in modern electronic devices, and their dual-contact design is particularly important for enhancing the performance and reliability of connectors. In this article Greenconn will introduce the dual-contact design of floating connectors.
AIMMET（祥峰实业）车用高速传输连接器选型指南
描述- AIMMET Industrial Co., Ltd. is formed in 1996 by a group of technicians and specialists that are devoted themselves to RF coaxial and Automotive Fakra connectors. Make communication together.
型号- 690203XXXXXX,530509XXXXXX,5801-H,690308XXXXXX,5801-A,5864-D,530502XXXXXX,5901-K,560303XXXXXX,5862-B,530905XXXXXX,560902XXXXXX,530309XXXXXX,5890-B,530208XXXXXX,5602021000AB,530902XXXXXX,560909XXXXXX,560205XXXXXX,530508XXXXXX,6902021000XX,530305XXXXXX,690803XXXXXX,5807-Z,5868-Z,560302XXXXXX,690302XXXXXX,5807-O,530908XXXXXX,5901-D,5302,530302XXXXXX,5303,560905XXXXXX,5305,530505XXXXXX,5308,5309,530803XXXXXX,5360,5361,5806-C,690208XXXXXX,5906-O,690303XXXXXX,530209XXXXXX,6902021000AB,5863-C,530805XXXXXX,560203XXXXXX,530809XXXXXX,530308XXXXXX,530802XXXXXX,5801NTG53A1,5906-Z,5302021000AB,560209XXXXXX,530303XXXXXX,690202XXXXXX,560903XXXXXX,560202XXXXXX,530503XXXXXX,5865-Z,530903XXXXXX,530909XXXXXX,690808XXXXXX,690802XXXXXX,530202XXXXXX,5806-K,530808XXXXXX,6601-Z
TH 025 CONNECTOR SERIES for the Automotive Industry
型号- X-2151216-X,X-2151966-X,B79674-3,1801248-2,1801069-2,1379665-2,1379665-3,1379665-1,1379665-4,TH 025,1379665-5,2005098-1,1-1379674-1,B79662-1,1276565-1,1379674-1,1379674-4,1379678-1,1379674-2,1379674-3,1379659-1,1379678-4,1565804-1,1379659-2,1565804-2,1379678-2,1379678-3,1379659-5,1674742-1,1379659-3,1379659-4,1379681-1,1123343-1,1123343-2,1379662-1,1379662-2,1379681-4,1379681-3,1379681-2,1379662-5,1379662-3,1379662-4,1379668-3,1379668-4,1379668-1,1379668-2,1379668-5,TH 025,7-1579014-1,7-1579014-3,7-1579014-2,1-1379658-1,1379671-3,1579007-8,1379671-4,1379671-1,1379671-2,1379675-3,1379675-4,1379675-1,1379671-5,1379675-2,1379658-2,X-2151494-X,1379658-3,1379675-5,1379658-1,2005097-1,1379658-4
What are the Three Common Connectors?
Connectors are essential components in various electronic systems, enabling the transfer of power, data, and signals between different devices. Whether in consumer electronics, industrial machinery, or automotive applications, connectors ensure reliable connections and efficient system operation. In this article, we will explore the three most common types of connectors used in electronics: USB connectors, HDMI connectors, and SMA connectors.
Application of FPC/FFC Connectors in Automotive Industry
The use of FPC/FFC connectors in the automotive industry is growing rapidly as vehicles become increasingly reliant on complex electronic systems. These connectors offer a combination of flexibility, reliability, and cost-effectiveness that makes them an ideal choice for a wide range of automotive applications.
电子商城
现货市场
授权代理品牌：集成电路
授权代理品牌：分立元件
授权代理品牌：接插件及结构件
授权代理品牌：部件、组件及配件
授权代理品牌：电源及模块
授权代理品牌：电子材料
授权代理品牌：仪器仪表及测试配组件
授权代理品牌：电工工具及材料
授权代理品牌：机械电子元件
授权代理品牌：加工与定制
我要提问
登录 | 立即注册
提交评论