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Connector Market Poised for Growth

Published: 1.1.2014

In 2014, the connector industry grew to almost $53 billion worldwide with Test/Burn-in Sockets < 10%, Production Connectors & Sockets >= 90%. Many of the selected interfaces have existed in the market for several years, but emerging applications will propel their growth well beyond that of the general connector market. Some legacy connector types, for instance, are being adapted to high-speed differential signaling, which will allow implementation in next-generation equipment. In other cases, entirely new interfaces will likely show significant percentage growth from near zero as they are implemented in new high-volume applications.

Predictably, as connector makers continue to watch their sales increase, prices continue to rise for these electronic components. Cyclical Track Record is about 6.5%/Year.