The Bishop Report – Archive

In This Issue:

• Bookings and Billings: October bookings increased by +21.5% while billings increased by +17.5%.
• Currency Impact: The industry registered a YOY increase in sales in October 2025 of +17.5% in USD and +1.5% in local currency.
• Industry Backlog: October backlog was $23,207 million (12.1 weeks).
• Regional Performance: Year-to-date sales are positive in all but one region.
• Research Report: Top 100 Connector Manufacturers

In This Issue:

• Bookings and Billings: September bookings increased by +21.8% while billings increased by +21.6%.
• Currency Impact: The industry registered a YOY increase in sales in September 2025 of +21.6% in USD and +0.7% in local currency.
• Industry Backlog: September backlog was $22,601 million (9.9 weeks).
• Regional Performance: Year-to-date sales are positive or flat in all regions.
• Research Report: World’s Connector Companies

• Bookings and Billings: August bookings increased by +16.5% while billings increased by +15.9%.

• Currency Impact: The industry registered a YOY increase in sales in August 2025 of +15.9% in USD and +1.3% in local currency.

• Industry Backlog: August backlog was $22,443 million (10.3 weeks).

• Regional Performance: Year-over-year, all regions except Japan exhibited growth in August. Asia Pacific increased a strong +49.9%

• Research Report: Top 100 Connector Manufacturers

• Bookings and Billings: July bookings increased by +31.8% while billings increased by +18.1%.
• Currency Impact: The industry registered a YOY increase in sales in July 2025 of +18.1% in USD and +2.6% in local currency.
• Regional Performance: Year-over-year, all regions exhibited growth in July. Asia Pacific increased a strong  +47.5%.
• Industry Backlog: July backlog was $22,817 million (12.1 weeks).
• eCommerce Website: To review all research reports available from Bishop & Associates , visit our Store.
• Focus Report: Top 100 Connector Manufacturers

• Bookings and Billings: June bookings increased by +14.5% while billings increased by +16.3%.
• Currency Impact: The industry registered a YOY increase in sales in June 2025, of +16.3% in USD and +2.7% in local currency.
• Regional Performance: Year-over-year, the only region that did not exhibit continued growth in June was the ROW region.
• Industry Backlog: June backlog was $22,347 million (12.1 weeks).
• eCommerce Website: To review all research reports available from Bishop & Associates , visit our Store.
• Focus Report: Top 100 Connector Manufacturers

• Bookings and Billings: April bookings increased by +10.8% while billings increased +10.4%.
• Currency Impact: The industry registered a YOY increase in sales in April 2025, of +10.4% in USD and +1.4% in local currency.
• Regional Performance: Year-over-year, the only region that did not exhibit continued growth in April was the ROW region.
• Industry Backlog: April backlog was $21,915 million (11.7 weeks).
• eCommerce Website: To review all research reports available from Bishop & Associates , visit our Store.
• Focus Report: World Connector Industry Forecast 2025-2030

• Bookings and Billings: April bookings increased by +10.8% while billings increased +10.4%.
• Currency Impact: The industry registered a YOY increase in sales in April 2025, of +10.4% in USD and +1.4% in local currency.
• Regional Performance: Year-over-year, the only region that did not exhibit continued growth in April was the ROW region.
• Industry Backlog: April backlog was $21,915 million (11.7 weeks).
• eCommerce Website: To review all research reports available from Bishop & Associates , visit our Store.
• Focus Report: World Connector Industry Forecast 2025-2030

• Bookings and Billings: March bookings increased by +12.4% while billings increased +7.5%.
• Currency Impact: The industry registered a YOY increase in sales in March 2025 of +7.5% in USD and a decrease in sales of -0.2% in local currency.
• Regional Performance: YOY, four of the six regions, Europe, Japan, China, and Asia Pacific exhibited continued growth.
• Industry Backlog: March backlog was $21,845 million (12.2 weeks).
• eCommerce Website: To review all research reports available from Bishop & Associates , visit our Store.
• Focus Report: World RF Coax Connector Market

• Bookings and Billings: February bookings increased by +5.3% while billings increased by +8.1%.
• Currency Impact: The industry registered a YOY increase in sales in February 2025 of +5.4% in USD and a decrease in sales of -1.4% in local currency.
• Regional Performance: YOY, four of the six regions, North America, Japan, China, and Asia Pacific exhibited continued growth.
• Industry Backlog: February backlog was $21,287 million (10.7 weeks).
• eCommerce Website: To review all research reports available from Bishop & Associates , visit our Store.
• Focus Report: World Connector Market Handbook

• Bookings and Billings: January bookings increased +7.6% while billings increased +2.6%.
• Currency Impact: The industry registered a YOY increase in sales in January 2025, of +2.6% in USD and a decrease in sales of -2.3% in local currency.
• Regional Performance: YOY, four of the six regions, North America, Japan, China, and Asia Pacific showed growth to start the new year.
• Industry Backlog: January backlog was $21,631 million (13.6 weeks).
• eCommerce Website: To review all research reports available from Bishop & Associates , visit our Store.
• Focus Report: History of M & A in the Connector Industry

• Bookings and Billings: December bookings increased +5.2% year-over-year and +8.6% year-to-date, while billings increased +13.0% year-over-year and +5.6% year-to-date.
• Currency Impact: The industry registered a YOY increase in sales in December 2024 of +13.0% in USD and a decrease in sales of -1.6% in local currency.
• Regional Performance: YTD, all regions except Europe, Japan and ROW showed growth in 2024, with the greatest growth in Asia Pacific.
• Industry Backlog: December backlog was $21,287 million (12.6 weeks).
• eCommerce Website: To review all research reports available from Bishop & Associates , visit our Store.
• Focus Report: Top 100 Connector Manufacturers

• Bookings and Billings: November bookings increased +8.7% year-over-year and +7.5% year-to-date, while billings increased +6.4% year-over-year and +4.4% year-to-date.
• Currency Impact: The industry registered a YOY increase in sales in November 2024, of +6.4% in USD and a decrease in sales of -0.6% in local currency.
• Regional Performance: YTD, all regions except Europe and Japan are showing growth, with the greatest growth in Asia Pacific.
• Industry Backlog: November backlog was $21,399 million (11.3 weeks).
• New eCommerce Website: To review all research reports available from Bishop & Associates , visit our new Store.
• Focus Report: History of M&A in the Connector Industry

• Bookings and Billings: October bookings increased +13.4%year-over-year and +7.4% year-to-date, while billings increased +7.1% year-over-year and +4.2% year-to-date.
• Currency Impact: The industry registered a YOY increase in sales in October 2024 of +6.7% in local currency and an increase in sales of +7.1% in USD.
• Regional Performance: YTD, all regions except Europe and Japan are showing growth, with the greatest growth in Asia Pacific.
• Industry Backlog: October backlog was $21,419 million (14.2 weeks).
• New eCommerce Website: To review all research reports available from Bishop & Associates , visit our new Store.
• Focus Report: Top 100 Connector Manufacturers

• Bookings and Billings: Bookings and Billings: September bookings increased +8.7% year-over-year and +6.7% year-to-date, while billings increased +5.1% year-over-year and +3.9% year-to-date.
• Currency Impact: The industry registered a YOY increase in sales in September 2024, of +1.7% in local currency and an increase in sales of +5.1% in USD.
• Regional Performance: YTD, all regions except Europe and Japan are showing growth, with the greatest growth in Asia Pacific.
• Industry Backlog: September backlog was $21,459 million (11.4 weeks).
• New eCommerce Website: To review all research reports available from Bishop & Associates , visit our new Store.
• New Report: History of M&A in the Connector Industry

• Bookings and Billings: August bookings increased +4.7% year-over-year and +5.8% year-to-date, while billings increased +3.4% year-over-year and +3.1% year-to-date.
• Currency Impact: The industry registered a YOY increase in sales in August 2024, of +2.8% in local currency and an increase in sales of +3.4% in USD.
• Regional Performance: YTD, all regions except Europe and Japan are showing growth, with the greatest growth in Asia Pacific, where YTD billings have increased +14.7%, followed by China where sales increased +8.8%.
• Industry Backlog: August backlog was $21,615 million (13.0 weeks).
• New eCommerce Website: To review all research reports available from Bishop & Associates , visit our new Store.
• New Report: 2024 Top 100 Connector Manufacturers

• Bookings and Billings: July bookings increased +1.7% year-over-year and 6.0% year-to-date, while billings increased +4.7% year-over-year and 3.1% year-to-date.
• Currency Impact: The industry registered a YOY decrease in sales in July 2024 of -1.1% in local currency and an increase in sales of +4.7% in USD.
• Regional Performance: YTD, all regions except Europe and Japan are showing growth, with the greatest growth in Asia Pacific, where YTD billings have increased 13.6%.
• Industry Backlog: July backlog was $21,017 million (12.7 weeks).
• New eCommerce Website: Bishop & Associates has launched a new eCommerce website. Visit our new Store.
• New Report: 2024 Connector Industry Forecast

• Bookings and Billings: June bookings increased +10.7% year-over-year and 7.0% year-to-date, while billings increased +3.0% year-over-year and 2.7% year-to-date.
• Currency Impact: The industry registered a YOY increase in sales in June 2024, of +2.0% in local currency and an increase in sales of +3.0% in USD.
• Regional Performance: YTD, all regions except Europe and Japan are showing growth, with the greatest growth in Asia Pacific, where YTD billings have increased +12.0%, followed by China where sales increased +8.3%.
• New eCommerce Website: Bishop & Associates has launched a new eCommerce website. Visit our new Store.
• New Report: Rectangular Input / Output Connector Market 2024

• Bookings and Billings: May bookings increased +6.8% and billings increased +1.3% year-over-year. The backlog in May increased to 14.4 weeks.
• Currency Impact: The industry registered a YOY decrease in sales in May 2024, of -0.1% in local currency and an increase in sales of +1.3% in USD.
• Industry Backlog: May backlog was $22,059 million (14.4 weeks).
• Regional Performance: YTD, all regions except Japan are showing growth, with the greatest growth in Asia Pacific, where YTD billings have increased 9.5%, followed by China where sales increased 8.0%. Japan, the only region exhibiting a decline, has YTD billings of –21.9%.
• New eCommerce Website: Bishop & Associates has launched a new eCommerce website. Visit our new Store.
• New Report: Connector Industry Forecast

• Bookings and Billings: April bookings increased +8.4% and billings increased +7.5% year-over-year.
• Currency Impact: The industry registered a YOY increase in sales in April 2024, of +4.2% in local currency and +7.5% in USD.
• Industry Backlog: April backlog was $21,515 million (13.2 weeks).
• Regional Performance: YTD, all regions except Japan are showing growth, with the greatest growth in Asia Pacific, where YTD billings have increased 10.0%, followed by North America where sales increased 6.4%..
• New eCommerce Website: Bishop & Associates has launched a new eCommerce website. Visit our new Store.
• New Report: World Connector Market Handbook

• Bookings and Billings: March bookings increased +3.7% and billings increased +3.3% year-over-year.
• Currency Impact: The industry registered a YOY increase in sales in March 2024, of +2.0% in local currency and +3.3% in USD.
• Industry Backlog: March backlog was $23,555 million (13.9 weeks). This is up from 13.1 weeks in February, when backlog was $21,244 million.
• Regional Performance: YTD, all regions except Japan are showing growth, with the greatest growth in Asia Pacific, where YTD billings have increased 6.3%, followed by North America where sales increased 5.7%. Japan, the only region exhibiting a decline, has YTD billings of -13.3%.
• New eCommerce Website: Bishop & Associates has launched a new eCommerce website. Visit our new Store.
• New Report: World Connector Market Handbook

• Bookings and Billings: The book-to-bill ratio in February was 1.00, up from 0.98 in January.
• Currency Impact: The industry registered a YTD decrease in sales in February 2024, of -4.2% in local currency and -2.7% in USD.
• Industry Backlog: February backlog was $21,244 million (13.1 weeks). This is down from 14.1 weeks in January, when backlog was $20,970 million.
• Amphenol: Since the beginning of the 21st century, Amphenol has achieved a sales CAGR of 10.8% versus the industry CAGR of 4.0%.
• New Report: Connector Industry Forecast

• Bookings and Billings: January bookings increased +7.3 and billings increased +4.3% year-over-year.
• Currency Impact: The industry registered a YTD increase in sales in 2024, of +2.8% in local currency and +4.3% in USD.
• Industry Backlog: January backlog was $20,970 million (14.1 weeks). This is up from 13.4 weeks in 2023, when backlog was $21,017 million.
• 2024 Outlook: Bishop anticipates sales to grow to $85,319 million in 2024, an increase of +4.2% over 2023.
• New Report: 2024 World Cable Assembly Market

• Bookings and Billings: December bookings dipped slightly down –0.3% YOY. Billings declined -2.8% YOY. The backlog in December was unchanged at 13.4 weeks.
• Currency Impact: The industry registered a slight uptick in sales in 2023, up 0.8%, versus -2.7% YTD in USD.
• Industry Backlog: December backlog was $21,017 million (13.4 weeks).
• 2024 Outlook: Bishop anticipates sales to grow to $85,319 million in 2024, an increase of +4.2% over 2023.
• New Report: Connector Industry Forecast 2023-2028

• Bookings and Billings: November bookings were up +8.5% YOY. Billings dipped -0.6% YOY.
• Currency Impact: The industry registered a negative year-over-year decline in November, down -2.2% YTD in local currencies.
• Industry Backlog: November backlog was $21,203 million (13.4 weeks).
• New Report: Connector Industry Forecast 2023-2028

• Bookings and Billings: October bookings were up +5.2% YOY. Billings were up +0.3% YOY. The backlog in October declined slightly to $21,224 million or 13.3 weeks.
• Currency Impact: The industry registered a negative year-over-year decline in October, down -3.8% YTD in local currencies.
• Industry Backlog: October’s backlog was $21,224 million (13.3 weeks).
• Industry Outlook: Bishop is forecasting 2023 sales to be $81.6 billion, down -3.0%.
• New Report: Connector Types and Technologies Poised for Growth

• Bookings and Billings: September bookings were down -2.8% YOY. Billings were down -9.2% YOY. The backlog in September declined slightly to $21,465 million or 13.4 weeks.
• Currency Impact: The industry registered a positive year-over-year increase in September, up +0.1% YTD in local currencies.
• Industry Backlog: September’s backlog was $21,465 million (13.4 weeks).
• Industry Outlook: YOY world sales through Q3 2023 are $62.3 million, down -4.7%. Bishop is forecasting 2023 to be $81.6 million, down -3.0%.
• New Report: Connector Types and Technologies Poised for Growth

• Bookings and Billings: August bookings were down -0.4% YOY, the lowest decline since September 2022. Billings were down -3.4% YOY.
• Currency Impact: The industry declined -1.9% YTD in August in USD and declined -2.8% in local currencies.
• Industry Backlog: August’s backlog was $21,770 million (13.9 weeks).
• Industry Outlook: World sales through August are $54,587 million, down -1.9% YTD. As a result of the weak market demand, we are forecasting 2023 to be $83,616 million, down -0.6%.
• New Report: Top 100 Connector Manufacturers

• Bookings and Billings: July bookings were down -1.3% YOY, the lowest decline since September 2022. Billings were down -3.7% YOY.
• Currency Impact: The industry declined -1.8% YTD in July in USD and in local currencies.
• Industry Backlog: July’s backlog was $21,974 million (13.9 weeks).
• Industry Outlook: World sales through July are $47,565 million, down -1.8% YTD. As a result of the weak market demand, we are now forecasting 2023 to be $83,616 million, down -0.6%.
• New Report: Connector Industry Forecast: 2023-2028

• Bookings and Billings: June bookings were down -9.8% YOY. Billings were down -6.2% YOY. The backlog in June increased to $22,102 million or 14.0 weeks.
• Currency Impact: The industry declined -1.5% YTD in June in USD and in local currencies.
• Industry Backlog: June’s backlog was $22,102 million (14.0 weeks).
• Industry Outlook: World sales through June are $41,164 million, down -1.5% YTD. As a result of the weak market demand, we are now forecasting 2023 to be $83,616 million, down -0.6%.
• New Report: Connector Industry Forecast: 2023-2028

• Bookings and Billings: May bookings were down only -7.0%, which ended seven consecutive months of double-digit declines.
• Currency Impact: The industry declined -1.1% YTD in May in USD and in local currencies.
• Industry Backlog: May’s backlog was $22,033 million (12.8 weeks).
• Industry Outlook: World sales through May are $34,315 million, down -1.1% YTD. As a result of the weak market demand, we are now forecasting 2023 industry sales to be $83,616 million, down -0.6%.
• New Report: European Connector Market 2023

• Bookings and Billings: April bookings were down -11.8%, the seventh consecutive month of double-digit declines. Billings were down -1.6%.
• Currency Impact: The industry declined -0.5% YTD in April in USD and -0.2% in local currencies.
• Industry Backlog: April’s backlog was $22,170 million (13.7 weeks).
• Industry Outlook: Using a five-year historical analysis of sales, the historical average would put sales at $87,797 million, up +2.0% in 2023.
• New Report: World Circular Connector Market 2023

• Bookings and Billings: March bookings were down -14.0%, the sixth consecutive month of double-digit declines. Billings were down -0.9%.
• Currency Impact: The industry declined -0.1% YTD in March in USD and +1.7% in local currencies.
• Industry Backlog: March’s backlog was $22,233 million (13.6 weeks), up from $21,422 million (12.6 weeks) in February.
• Industry Outlook: Using a historical analysis of industry sales, the full year forecast could range from $89,363 million with 6.3% growth to $83,382 million with -0.8% growth.
• New Report: World Connector Market Handbook

• Bookings and Billings: February bookings were down -17.4%, the fifth consecutive month of double-digit decline.
• Currency Impact: The industry declined -1.1% YTD in February in USD and -4.5% in local currencies.
• Industry Backlog: February’s backlog was $21,422 million.
• Industry Outlook: With uncertain economic conditions, Bishop’s 2023 sales forecast remains at $85,700 million, up +1.9% over 2022 sales.
• New Report: World Connector Market Handbook

• Bookings and Billings: January bookings were down -20.3%, the largest decline in over a year.
• Currency Impact: The industry declined -2.3% YTD in January in USD and 6.1% in local currencies.
• Industry Backlog: January’s backlog was $22,725 million.
• Industry Outlook: With uncertain economic conditions, Bishop’s 2023 sales forecast remains at $85,700 million, up +1.9% over 2022 sales.
• New Report: World’s Connector Companies

• Bookings and Billings: December bookings were down -15.1%. Billings were down -0.9%, ending a 27-month string of growth.
• Currency Impact: The industry grew +7.8% YTD in December in USD and +2.0% in local currencies.
• Industry Backlog: December’s backlog was $22,983 million.
• Industry Outlook: With uncertain economic conditions, Bishop’s 2023 sales forecast remains at $85,700 million, up +1.9% over 2022 sales.
• New Report: World RF Connector Market 2023

• Bookings and Billings: November bookings were down -15.3%. Billings were up +2.4%, continuing a 27-month string of growth.
• Currency Impact: The industry grew +8.3% YTD in November in USD and 0% in local currencies.
• Industry Backlog: November backlog was down $2,548 million from October as the industry ships their orders off the books with little backfill.
• Industry Outlook: With soft order demand, Bishop’s 2022 sales forecast remains at $83,822 million, up +7.5% over 2021 sales.
• New Report: Connector Industry Forecast

The Bishop Report – 30th Anniversary

To mark our 30th anniversary, this commemorative edition of The Bishop Report revisits connector industry history. Follow us back in time as we examine the companies and developments that have made interconnects an exciting and vital part of the tech world, from 1980 to today.

• Bookings and Billings: October bookings were down -15.9%. Billings were up +1.3%, continuing a 26-month string of growth.
• Currency Impact: The industry grew +9.0% YTD in October in USD and -1.3% in local currencies.
• Industry Backlog: October backlog was down $450 million from September.
• Industry Outlook: With soft order demand, Bishop’s 2022 sales forecast is for $83,822 million, up +7.5% over 2021 sales.
• New Report: Connector Industry Forecast

• Bookings and Billings: September bookings were up +2.6% but Q3 booking were down -5.6%. Billings were up +15.5%, continuing a 25-month string of growth, that has been generally trending down.
• Currency Impact: The industry grew +9.9% YTD in September in USD and 0.1% in local currencies. Sales growth is 9.8 percentage points lower when stated in local currencies.
• Industry Backlog: September backlog was $24,846 million equaling 14.8 weeks. This is a decrease of $827 million from August.
• Industry Outlook: With backlog decreasing significantly, we are forecasting Q4 sales equaling $19,902 million. Bishop’s 2022 sales forecast is for $83,822 million, up +7.5% over 2021 sales.
• New Report: Military Ground Vehicle Market for Connectors

• Bookings and Billings: August bookings were down -3.2% and have contracted for five consecutive months. Billings were up +4.5%, continuing a 24-month string of growth.
• Currency Impact: The industry grew +8.4% YTD in August in USD and 0.8% in local currencies. Sales growth is 7.6 percentage points lower when stated in local currencies.
• Industry Backlog: August backlog was $26,641 million equaling 16.9 weeks. This is an increase of $283 million from July.
• Industry Outlook: By our 12-year historical data average, industry sales could reach $84,027 million with +7.7% growth.
• New Report: 2022 World Cable Assembly Market

• Bookings and Billings: July bookings were down -4.2%. July billings were up +4.1%.
• Currency Impact: The industry grew +9.0% YTD in July in USD and 1.7% in local currencies. Sales growth is 7.3 percentage points lower when stated in local currencies.
• Industry Backlog: July backlog was $26,358 million equaling 16.4 weeks. This is an increase of $50 million from June. .
• Industry Outlook: Industry sales for 2022 are forecast to be $82,989 million, up +6.4%.
• New Report: Top 100 Connector Manufacturers

• Bookings and Billings: June bookings were down -2.1%. June billings were up +12.7%.
• Currency Impact: The industry grew +9.8% YTD in June in USD and 3.1% in local currencies. Sales growth is 6.7 percentage points lower when stated in local currencies.
• Industry Backlog: June backlog decreased to $26,302 million equaling 16.4 weeks. This is a decrease of $314 million from May.
• Industry Outlook: Industry sales for 2022 are forecast to be $82,989 million, up +6.4%.
• Industry Results: In 2Q22, the industry grew +8.2% equaling sales of $20,560 million. This was the eighth consecutive quarter of growth.
• New Report: Copper and Fiber Connectivity in the Data Center

• Bookings and Billings: May bookings were down -2.9%. Billings were up +3.6%.
• Currency Impact: The industry grew +7.5% YTD in May in USD and 0.9% in local currencies.
• Industry Backlog: The May backlog increased to $26,616 million equaling 16.4 weeks
• Industry Outlook: Industry sales for 2022 are forecast to be $82,989 million, up +6.4%.
• New Report: Connector Industry Forecast 2022-2027

• Bookings and Billings: April sales and bookings were -0.2% and -4.4% YOY, respectively.
• Currency Impact: The industry grew +8.3% YTD in April in USD and 4.7% in local currencies.
• Industry Backlog: April backlog increased to $25,868 million equaling 16.1 weeks.
• Industry Outlook: Industry sales for 2022 are forecast to be $82,989 million, up +6.5%.
• New Report: 2022 North American World Cable Assembly Manufacturers

• Bookings and Billings: March sales and bookings were up +10.2% and +7.1% YOY, respectively.
• Currency Impact: The industry grew at +10.2% YTD in March in USD and 8.7% in local currencies.
• Industry Backlog: March backlog increased to $25,239 million equaling 15.5 weeks. This is an increase of $3.740 million since January 2022.
• Industry Outlook: Industry sales for 2022 are forecast to be $82,450 million, up +5.7%.
• New Report: World Automotive Connector Market

• Bookings and Billings: February sales and bookings were up +8.2% and +0.8% YOY, respectively.
• Currency Impact: The industry grew at +8.6% YTD in February in USD and 6.3% in local currencies.
• Industry Backlog: February backlog increased to $23,057 million equaling 14.7 weeks. This is an increase of $1,558 million since January 2022.
• Industry Outlook: Industry sales for 2022 are forecast to be $82,450 million, up +5.7%.
• New Report: World Connector Market Handbook

• Bookings and Billings: January sales and bookings were up +9.0% and +6.5% YOY, respectively.
• Currency Impact: The industry grew at +9.0% YTD in January in USD and 6.9% in local currencies.
• Industry Backlog: January backlog increased to $22,268 million equaling 14.8 weeks. This is an increase of $769 million since December 2021.
• Industry Outlook: Industry sales for 2022 are forecast to be $82,450 million, up +5.7%. Based on our historical modeling, the increase could range from as high as a +15.8% increase down to a 2.7% increase over prior year.
• New Report: Connector Industry Forecast 2021-2026

• Bookings and Billings: December sales and bookings were both up +15.5% YOY. 4Q21 sales were up +14.3%.
• Currency Impact: The industry grew at +21.8% YTD in December in local currencies versus +24.3% in USD.
• Industry Backlog: December backlog increased to $21,449 million equaling 14.3 weeks.
• Industry Outlook: We are projecting modest growth of +5.7% in 2022. World GDPs are slowing, inflation is very high, and the world’s banks will begin to raise interest rates and slow the global economies.
• New Report: I/O Rectangular Connector Market

• Bookings and Billings: November bookings were up +12.1% and sales were up +8.7% YOY. Year-to-date sales are up +24.3%.
• Currency Impact: The industry grew at +24.4% YTD in November in local currencies versus +24.3% in USD.
• Industry Backlog: November backlog increased to $20,467 million, 13.8 weeks.
• Industry Outlook: Industry sales totaled $70,982 million through November. If the industry continues to grow at these historical averages, sales will be $77,154 million for the year, up +23.0%.
• New Report: Connector Industry Forecast 2021-2026

• Bookings and Billings: Bookings and Billings: October bookings were up +18.3% and sales were up +10.7% YOY. Year-to-date sales are up +26.2%.
• Regional Performance: Worldwide year-to-date sales increased +26.2%.
• Currency Impact: The industry grew at +29.6% YTD in October in local currencies versus +26.2% in USD, a 3.4-point difference.
• Industry Outlook: Industry sales totaled $64,304 million through October. If we continue to grow at these historical averages, sales will be $77,568 million for the year, up +23.7%.
• New Report: Connector Industry Forecast

• Bookings and Billings: September bookings were up +19.1% from 2020. Sales for the month were up +19.4% YOY.
• Regional Performance: Worldwide year-to-date sales increased +28.2%. At +35.0% YTD, the ROW region exhibited the highest sales growth.
• Currency Impact: In September, the industry grew at +29.6% YTD in local currencies versus +28.2% in USD.
• 3Q21 Industry Results: In 3Q21 the connector industry recorded record sales of $20.15 billion, with YOY growth of +20.7%..
• New Report: The I/O Rectangular Connector Market 2021

• Bookings and Billings: August bookings were up +34.0% from 2020. Sales for the month were up +19.0% YOY.
• Regional Performance: Worldwide year-to-date sales increased +28.9%. All regions have double-digit growth year-to-date.
• Currency Impact: The industry grew at +23.9% YTD in August in local currencies versus +28.9% in USD, a 5.0-point difference.
• Circular Connector Market Update: This connector series fared better than the industry in 2020.
• New Report: World Circular Connector Market 2021

• Bookings and Billings: July bookings were up +38.1% from 2020. Sales for the month were up +17.9% YOY.
• Regional Performance: Worldwide year-to-date sales increased +30.6%.
• Currency Impact: The industry grew at +26.7% YTD in July in local currencies versus +30.6% in USD.
• Top 10 Connector Companies: 48 companies achieved a top 10 ranking in 2020 using global sales by regions, markets, and products as the defining factors.
• New Report: Top 100 Connector Manufacturers

• Bookings and Billings: June bookings were up +50.8% from 2020. Sales for the month were up +33.0% YOY.
• Currency Impact: The industry grew at +26.7% YTD in June in local currencies versus +32.7% in USD.
• Industry Outlook: Connector industry demand soared in the first half. Expecting full year to grow +17.7% over 2020.
• Remembering Fred Krehbiehl: The influential executive brought a love of international travel and culture to his work with the company, and in doing so, he expanded Molex’s reach to the world.
• New Report: Instrumentation Market for Connectors

• Bookings and Billings: May bookings were up +74.6% from 2020. Year-to-date sales are up 30.7%.
• Currency Impact: In May the industry grew at +24.6% YOY in local currencies vs. +30.7% in USD.
• Industry Outlook and Bishop Forecast 2021: Connector industry demand continues to soar. A book-to-bill ratio of 1.18, however, may be overstated due to hedging.
• New Report: Computer Server Market Trends and Connector Use 2020-2030

• Bookings and Billings: April bookings were up +71.5% from 2020. Sales for the month were up +43.4% YOY.
• Currency Impact: The industry grew at +22.4% YOY in April in local currencies versus +28.1% in USD.
• Industry Outlook – 2021: Connector industry demand is soaring. In the first four months, orders are up +40.8%YTD and sales are up +28.1%.
• New Report: 2021 World Cable Assembly Market

• Bookings and Billings: March bookings were up +34.5% from 2020. Sales for the month were up +25.5%.
• Currency Impact: The dollar starts the year significantly weaker against the euro, the yen, and the yuan.
• 1Q2021 Industry Results: The industry sales results for the quarter were $19.1 billion, up +23.8% YOY.
• Industry Outlook: On the average over the last 13 years, first quarter results have represented 24.15% of the annual sales. This would produce growth of +21.7% in 2021, based on the average.
• New Report: World Industrial Market for Connectors 2021

• Bookings and Billings: February bookings were up +32.8% from 2020. Sales for the month were up +24.6% YOY.
• Currency Impact: The industry grew at +15.1% YOY in February in local currencies versus +20.9% in USD.
• Outlook 2021: Bishop looks at two outcomes for 2021. Forecasts range from +7.0% to +19.3%, with the average at +13.2%.
• Regional Performance: Worldwide year-to-date sales increased +20.9% in the first two months of 2021.
• New Report: Connector Industry Forecast 2021-2026

• Booking & Billings: Sales for January were up +16.2%. January bookings were up +18.0%.
• Currency Impact: The US dollar starts the year significantly weaker against the euro, yen and yuan in January.
• 2020 Year End Results and 2021 Forecast: The industry beat year end expectations, with only a slight decline of -2.2%. Demand for electronic connectors exceeded most outlooks.
• Regional Performance: In January, worldwide year-over-year connector bookings rose for the sixth consecutive month.
  
• Featured Report: World Telecom Connector Market 2020-2025

• Booking & Billings: December sales were up +13.4% and orders increased +18.3%.
• Currency Impact: Industry sales declined -2.2% in 2020, but only -1.6% in local currency.
• Quarterly Results: The 4th quarter produced industry record sales of $17,308 million.
• Regional Performance: All regions achieved growth with China, Asia Pacific and Rest of World notching double digit growth.
  
• Featured Report: World Telecom Connector Market 2020-2025

• Booking & Billings: November 2020 bookings climbed +14.2% over November 2019. Sequentially, orders increased +15.8% from October.
• Currency Impact: Year-to-date, the yuan declined slightly in value against the US dollar. In local currencies, world connector sales were down -3.6% versus -3.9% measured in US dollars, year-to-date.
• Regional Performance: Year-over-year sales grew in all regions led by Europe and China, both up +14.6%, followed by ROW up +9.1%.
• New in 2020 from Bishop & Associates: In this issue we include a brief overview of all the research Bishop & Associates published in 2020.
  
• Featured Report: Top 50 Medical Interconnect Solutions Companies

• Booking & Billings: The connector industry proved resilient in the face of rising COVID-19 infections worldwide. Year-over-year October sales jumped +6.0%.
• Currency Impact: In local currencies, world connector sales were down -4.7% versus -5.1% measured in US dollars, year-to-date.
• Regional Performance: In October, year-over-year sales grew in all regions led by Europe at +19.1%, followed by ROW at +16.5%, and China at +8.8%.
• 2019 Top 10 Connector Manufacturers: Bishop takes a closer look at the top 10 connector manufacturers in the telecom/datacom market and the fiber optic product category.
  
• Featured Report: High-Speed Copper & Fiber Optic Connectors

• Regional Performance: Worldwide month-over-month connector sales rose for the fifth consecutive month in September.
• Currency Impact: Year-to-date, the euro and the yuan declined in value against the US dollar.
• 3Q20 Connector Industry: Third quarter industry sales defied industry expectations, up +1.3%. Bishop’s fourth quarter and full year 2020 forecast have been updated.
• 2019 Top 10 Connector Manufacturers: Bishop identifies the top 10 connector manufacturers by regions, markets, and products.
  
• Featured Report: Top 100 Connector Manufacturers

• Regional Performance: Worldwide month-over-month connector sales rose for the fourth consecutive month in August. Europe’s sales grew the most (+11.0%), followed by North America (10.6%), and ROW (+9.4%).
• Currency Impact: Year-to-date, the euro and the yuan declined in value against the US dollar.
• How’s Business OEMs: Ten of the 13 market sectors Bishop tracks had year-over-year sales declines during the first half of 2020.
• 12 Trends: The sixth installment of the connector technology trends covers copper to optical connectivity.
  
• Featured Report: 5G Infrastructure – How 5G is Impacting Infrastructure Hardware and Connector Buying Trends

• Regional Performance: Sequentially, bookings in four regions grew in July, with double-digit growth in ROW (+20.8%), Europe (+19.8%), and Asia Pacific (+16.0%). Year-over-year, only China saw an increase in billings, up 1.4%.
• Currency Impact: The US dollar declined against many of the major world currencies in July.
• 12 Trends: The fifth installment of the connector technology trends covers the rise of the data center, the cloud, and edge computing.
  
• Featured Report: Top 100 Connector Manufacturers

• Regional Performance: Sequentially, billings in all regions grew in June. Three regions grew YOY in June.
• 2Q20 Connector Industry: Second quarter industry sales declined only -17.2%, causing Bishop to update the quarterly forecast for full year 2020.
• Currency Impact: Strength in the US dollar slowed in June, up 0.4% against the euro, 2.6% against the yuan.
• 12 Trends: The fourth installment of our connector technology trends series covers the evolution of high-speed data transfer.
• Featured Report: Medical Electronic Market for Interconnect Solutions

• Bookings and Billings: May 2020 billings continued to fall, declining -27.4%. Sequential May orders and sales both grew +3.1% and +9.8%, respectively, as world economies started to come back online.
• How’s Business? OEMs: The largest OEM purchasers of electronic connectors underwent a significant downturn in the first quarter of 2020.
• Currency Impact: Strength in the US dollar continues to put downward pressure on the euro, down -2.9%, and the yuan, down -3.7%.
• Featured Report: World Cable Assembly Market

• Bookings and Billings: April 2020 bookings and billings are both seriously impacted by worldwide lockdowns.
• 2020 Connector Market Forecast Update: Conditions in the connector industry continued to deteriorate in April as the world battled COVID-19 with a widely varying arsenal. Bishop looks at the pandemic’s impact on connector markets.
• Currency Impact: The Euro and the Chinese yuan continued to decline in value against the US dollar.
• Featured Report: World Cable Assembly Market

• Bookings and Billings: March 2020 bookings increased +5.0% over March 2019, the fourth consecutive increase in orders after 13 months of declines. Sequentially, March bookings were down -1.4%.
• 1Q20 Connector Industry: First quarter industry sales declined -3.1%. Quarterly forecast for full year 2020 and 2021 included.
• The Evolution of Cellular Communication Technology: 3G to 5G: The third in a series of articles that review leading technology trends that have had a significant impact on the connector industry.
• Currency Impact: Strength in the US dollar continues to put downward pressure on the EURO and the Renminbi.
• Featured Report: World Connector Market Handbook

• Bookings and Billings: February 2020 bookings increased +2.5% over February 2019, the third consecutive increase in orders after 13 months of declines.
• Regional Performance: With three regions growing, YTD sales were positive for the second month in a row.
• Black Swan Events and the Impact on Connector Sales: While black swan events are rare, they seem to be occurring with more regularity in the twenty-first century. Over the last 25 years, we have experienced four: The busting of the dot-com bubble in 1999, the September 11 attacks, the US housing market meltdown and Great Recession in 2008/2009, and today’s COVID-19 pandemic. This article looks at the prior three black swans and analyzes their impact on connector sales.
• Currency Impact: Connector sales grew 2.3% in February when measured in local currencies.
• Featured Report: Non-Automotive Transportation Market for Connectors

• Bookings and Billings: January 2020 bookings increased +4.8% over January 2019, the second consecutive increase in orders after 13 months of declines. January 2020 billings improved, up +1.6% from January 2019, possibly indicating a new upward trend.
• Regional Performance: With three regions growing, overall sales were positive for the first time since December 2018.
• 2020 Outlook and COVID19: Our forecast preceded the events of the last month. The forecast is likely optimistic in regard to the first two quarters. We are hopeful that the coronavirus impact can be contained in the first half of the year and that the second half of the year can fulfill any pent-up demand. We will not look to change the forecast until the likely results are clearer.
• Currency Impact: Connector sales grew 4.8% in January when measured in local currencies.
• Featured Report: Non-Automotive Transportation Market for Connectors

• Bookings and Billings: December sales grew YOY in Europe, Japan, and China which are encouraging results for the industry.
• 4Q Industry Result: Sales in the fourth quarter of 2019 declined -4.7% from prior year to $15,707 million. For the full-year, sales declined -3.8% to $64,169 million.
• 2019 Industry Pricing: According to the monthly pricing surveys conducted by Bishop & Associates, industry pricing was very stable in 2019.
• 2020 Outlook: Bishop projects sales growth of +3.5% in 2020 to $66,386 million.
• Featured Report: Connector Industry Forecast – 2020-2025