We are in an especially good business environment for profitable growth in the connector space. World connector sales are up 10.6% in the first half of 2017. Connector prices are stable and there is no price erosion. Raw material costs are stable with only modest increases. All factors combine for a great environment for profits. As evidence, Amphenol just reported second quarter profits of 15.2 of sales and TE Connectivity achieved net income of 12.9%. In our opinion, 2017 will be a record setting year for industry profitability.
We just published the Connector Industry Forecast that shows how the industry will grow by region and market sector over the next five years. You can see a complete table of contents and description of the forecast at the following link: Connector Industry Forecast