State of the Connector Industry – July 2014
Connector sales are up +9.5% in the first half of 2014 and the year to date book to bill ratio is 1.01. Connector prices are stable to slightly up. All geographic regions are growing with China back to double digits. Europe is recovering and Japan is doing much better than last year. North America is up +7.5% All market sectors are achieving growth with Automotive, transportation and industrial doing the best. Military Aerospace is flat to slightly up.
We believe the second half will be just as good as the first with world connectors sales going over the $50 billion mark for the first time.
We would appreciate hearing from you. What are you seeing in the market place? In your opinion, will the second half continue on the up trajectory? Are you seeing any softness in particular markets? Are you feeling any unusual price competition?
Thank you for your thoughts.