WEST CHICAGO, IL – Sales of connectors for electronics products in 2004 hit an all-time high of $143 billion in the U.S. and $286 billion worldwide, boosted by consumer electronics and consumer electrical equipment such as home appliances and HVAC units which are increasing in electronics content.
Sales were driven by strong demand for digital audio, video and home information products, consumer electrical and electronics equipment, said Bishop and Associates in a research report.
In the report, Bishop found digital convergence and its technical challenges, and new products and applications segments are transforming the connector market. Other factors include product miniaturization, mobility and wireless technology; crossbreeding with computers and telecom; and globalization and consolidation in manufacturing.
The convergence of digital silicon technology (and firmware) with consumer products has resulted in many new products and features not possible with traditional analog circuitry, such as PDAs, smart phones, HDTV, satellite radio and the iPod.
Applications driving expansion include a host of consumer items like smart phones, wireless technologies and home networking.
Connector Sales, 2004-05
Region 2004 2005 2006 2007
N. America $143.0 $145.70 $176.30 $227.6
Worldwide $285.9 $291.3 $367.3 $517.2
$ billions. Source: Bishop & Associates, Consumer Electronics Association and others
Consumer Electronics Connector Sales, 2004-05
Region 2004 2005 % Change
N. America $197,990 $162,110 -18.1%
Europe $167,530 $162,110 -3.2%
Japan $487,360 $486,330 -0.2%
Asia Pacific $243,680 $275,587 13.1%
China $335,060 $405,275 21.0%
ROW $91,380 $129,688 41.9%
Source: Bishop & Associates