Bishop & Associates shared its overview on connector suppliers and connector market leaders overview. Published by TTI Market Eye.
Quality, design, electrical and mechanical engineers and purchasing personnel work to identify the companies with whom to partner for their connector requirements. This requires answers to questions such as:
- Which companies offer the products and services we require?
- Which companies offer the best delivery, affordable pricing, and exceptional quality?
- Which companies offer well-designed websites where it is easy to locate products and supporting documentation?
- Which companies offer exceptional customer service and can be counted on when there is a problem?
Globally there are approximately 1,500 companies that manufacture connectors, making it impractical to vet them all. The first step is to determine which companies deserve a closer examination. We believe a good starting point is to first examine the larger, more successful companies.
Generally, the larger companies have been successful because they offer a broad array of high-quality products at a reasonable price and are able to deliver these products within a period that meets the customer’s demand. With over 35 years of researching the connector industry and analyzing connector companies, Bishop believes the first step in identifying the best connector suppliers is to identify the Top 10 companies, using different definitions of what constitutes Top 10.
Specifically, who are the:
- Top 10 in world sales
- Top 10 in each geographic region
- Top 10 within each market served
- Top 10 by individual product type manufactured
This series of articles will provide you with the names of the Top 10 companies in world sales, by geographic region, by markets served and manufactured products.
The source of this information is found in the 2024 Top 100 Connector Manufacturers research report. Most connector users are interested in learning more about the companies beyond the Top 10 described in these articles. This is because the industry has many niche manufacturers that, although small from a revenue perspective, produce excellent products. If you are interested in delving deeper and identifying other excellent companies, visit the link provided above to view Bishop’s report on the Top 100 connector manufacturers.
When we finish publishing this series of Top 10 articles, you will learn there are 54 companies that have received a Top 10 ranking in either sales, sales by region, market sector or by product type. If you wish to see more potential suppliers of connectors, we have developed a website that provides profiles on over 750 connector companies. You may generate lists of connector companies by sales, products manufactured, markets served and country of origin. Visit The World’s Connector Companies to view the capabilities of this dynamic website.
The top 10 world sales connector companies ranked from one to 10 are: TE Connectivity, Amphenol, Aptiv, Molex, Foxconn (FIT), Luxshare Precision, Yazaki, Rosenberger, JAE and Hirose Electric.
2023 Rank | North America | Europe | Japan | China | Asia Pacific | ROW |
1 | Amphenol | TE Connectivity | TE Connectivity | TE Connectivity | Amphenol | TE Connectivity |
2 | TE Connectivity | Amphenol | J.S.T. | Amphenol | TE Connectivity | Amphenol |
3 | Molex | Aptiv | JAE | Luxshare | Yazaki | Yazaki |
4 | Aptiv | Molex | Yazaki | Foxconn (FIT) | Molex | Rosenberger |
5 | Samtec | Rosenberger | Sumitomo | Aptiv | Foxconn (FIT) | Sumitomo |
6 | Yazaki | HARTING | Hirose | JONHON | KET | Aptiv |
7 | Glenair | Phoenix Contact | Molex | Molex | Hirose | KET |
8 | Hosiden | Yazaki | Amphenol | JAE | LOTES | Foxconn (FIT) |
9 | BizLink | BizLink | Rosenberger | Shenzen Deren | BizLink | Luxshare |
10 | Carlisle | Weidmüller | LEMO | Rosenberger | Luxshare | HARTING |
When market/equipment sector is the criteria for identifying Top 10 companies, an additional 11 companies, in addition to the 15 additional companies when identified by region, achieve Top 10 status. This makes a total of 36 companies acquiring a Top 10 position.
These additional 11 companies are AirBorn, Corning, KYOCERA/AVX, Qnnect, ODU, Belden, CommScope, IRISO, Eaton/Souriau, ITT Cannon and Bel Connectivity.
Company | World Rank | North America | Europe | Japan | China | Asia Pacific | ROW |
TE | 1 | 2 | 1 | 1 | 1 | 2 | 1 |
Amphenol | 2 | 1 | 2 | 8 | 2 | 1 | 2 |
Aptiv | 3 | 4 | 3 | 5 | 6 | ||
Molex | 4 | 3 | 4 | 7 | 7 | 4 | |
Foxconn (FIT) | 5 | 4 | 5 | 8 | |||
Luxshare | 6 | 3 | 10 | 9 | |||
Yazaki | 7 | 6 | 8 | 4 | 3 | 3 | |
Rosenberger | 8 | 5 | 9 | 10 | 4 | ||
JAE | 9 | 3 | 8 | ||||
Hirose Electric | 10 | 6 | 7 | ||||
BizLink | 11 | 9 | 9 | 9 | |||
JONHON | 12 | 6 | |||||
Sumitomo | 13 | 5 | 5 | ||||
J.S.T | 14 | 2 | |||||
Phoenix Contact | 15 | 7 | |||||
HARTING | 16 | 6 | 10 | ||||
Samtec | 17 | 5 | |||||
LOTES | 18 | 8 | |||||
Korea Electric (KET) | 19 | 6 | 7 | ||||
Shenzen Deren | 20 | 9 | |||||
Glenair | 22 | 7 | |||||
Carlisle | 24 | 10 | |||||
LEMO | 30 | 10 | |||||
Hosiden | 33 | 8 | |||||
Weidmuller | 35 | 10 |
Important highlights from this table include:
- Amphenol ranked in the Top 10 in 10 of the 11 market sectors.
- Molex and TE Connectivity ranked in the Top 10 in nine of the 11 market sectors.
- Aptiv and Luxshare are ranked in the Top 10 in six of the 11 market sectors.
- Foxconn (FIT) ranked in the Top 10 in five of the 11 market sectors.
- Five companies – JAE, J.S.T., Sumitomo, Samtec and BizLink – ranked in the Top 10 in four of the 11 market sectors.
- Four companies – Rosenberger, Hirose, LEMO and Korea Electric Terminal – ranked in the Top 10 in three of the 11 market sectors.
- This will be the last year that Carlisle, who ranked in the Top 10 in two of the 11 market sectors, will be noted. They have been acquired by Amphenol.
- AirBorn and Qnnect made their first appearance in the Top 10 category by market sector.