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    source: Samtec

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    Würth Elektronik Unveils Compact Common-Mode Data Lines Chokes

    Bourns Releases TCO 240 Watt USB Mini-Breaker

    Littelfuse Adds 600W Automotive TVS Diodes for High-Energy Transient Protection

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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.

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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%.

Related

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

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