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Connector Industry Market Shows a Promising Start in 2025

7.4.2025
Reading Time: 2 mins read
A A

The connector industry January and February results were good. Orders were up 6.4% and sales were up 5.5% accordingly to an article by Bishop & Associates, Inc. published by TTI Market Eye.

Inflation is lower and world GDPs are stable. The U.S. economy, the largest in the world, is healthy and the U.S. consumer continues to spend.

RelatedPosts

Connector Industry Grows 5.6% in 2024

Connector Suppliers and Market Leaders

Bishop and Associates 2024 Connector Market Overview

So, we are encouraged by the good start to 2025 and are forecasting full year growth of 7.9%. We estimate that world connector sales will be $93,273 million up from 2024 sales of $86,478 million.

January and February 2025 connector sales were $14,991 million. Using that information, along with Bishop’s database of past connector sales, we can develop a range of possible sales outcomes for 2025.

JanFebYear to Date
Orders7.6%5.3%6.4%
Sales2.6%8.1%5.5%
World Connector Results January/February 2025 Percentage Change; source: Bishop & Associates, Inc.

2025 Outlook: Historical Analysis

Over the past 15 years (2010 through 2024), sales through February averaged 15.9% of full year sales. If the industry matched the 15-year average of 15.9%, full year 2025 sales would be $94,293 million or growth of 9.0%.

Continuing this analysis, the 15-year high was 16.9% of sales, medium was 15.9% and low was 14.2%. This allows us to calculate a range of possible outcomes for 2025.

2025 Projection

Quarter2023 Actual2024 ActualYOY Change2025 ActualYOY Change
1Q$21,179$21,2810.5%$22,4915.7%
2Q$19,981$21,0425.3%$22,6007.4%
3Q$21,060$22,3536.1%$23,9006.9%
4Q$19,634$21,80211.0%$24,28211.4%
Total$81,854$86,4785.6%$93,2757.9%
2023, 2024 and 2025 Connector Sales by Quarter with Percent Change $ Millions; source: Bishop & Associates, Inc.

We believe the fourth quarter of 2025 (4Q25) will end with double-digit growth of 11.4%.

Source: Bishop & Associates, Inc., TTI Market Eye

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