Connector Industry Forecast 2023-2028

2023 has proven to be a year of worldwide conflict and declining connector sales. Are sales anticipated to decline in all regions and market sectors in 2023 or will some fare better? Will growth return in 2024?

  • How is the connector industry anticipated to perform in 2023? In 2024? What factors are predicted to contribute to the decline of sales in 2023? Will these same factors affect growth or decline in 2024?
  • Which regions, market sectors and subsectors are predicted to show the greatest growth in 2023, in 2024 and in 2028? Which market sectors and subsectors, if any, are anticipated to grow or to contract?
  • What outside factors are contributing to connector growth or decline in 2023? In 2024? What factors may affect growth beyond 2023?
  • In what way are currency fluctuations impacting connector sales? How is connector backlog changing during the second half of 2023?

Bishop & Associates’ newest research report, the Connector Industry Forecast looks at past sales and reviews total world connector sales in 2022 and anticipated performance in 2023, providing a comprehensive analysis by region and market sector of projected connector sales for 2023 through 2028. With connector sales broken down by region, market sector and subsector, this report provides a detailed analysis in US dollars of the world connector industry.

2023, unlike the previous two years, is turning out to be a year of worldwide conflict and declining connector sales. Will these unusual times continue into 2024 and beyond, or will we witness growth more in line with historical performance? Be prepared for what lies over the horizon, order your copy of the Connector Industry Forecast.