The top 10 connector manufacturers, as a group, achieved $32 billion in annual sales in 2016, or 59.8% of world connector demand.
The following table identifies the top 10 as defined by total world connector sales.
Table 1 (above) reveals some interesting trends:
- The top four connector manufacturers are all US-based companies: TE Connectivity #1, Amphenol #2, Molex #3, and Delphi #4.
- There are four Japanese companies in the top 10: Yazaki #5, JAE #7, JST #9, and Hirose #10.
- There is one top 10 company from the Asia Pacific region: Foxconn [FIT], Taiwan #6.
- There is one top 10 company from China: Luxshare, and this is the second year a Chinese company has achieved top 10 ranking.
- The top 10, as a group, reported a sales increase of 7.5% in 2016. This compares favorably to an industry-wide sales increase of 4.1%. The improved performance of the top 10 was greatly aided by acquisitions, as the three largest companies — TE Connectivity, Molex, and Amphenol — are very active acquirers.
The following table compares the top 10 combined annual sales to world connector demand.
The top 10 accounted for 38% of the world connector demand in 1980 and 59.8% in 2016. Much of this growth can be attributed to acquisitions made by the top 10. In the last five years alone, TE acquired Deutsch for $670 million in 2011; Delphi acquired the MVL division of FCI for $950 million in 2012; Molex acquired Oplink Communications for $200 million in 2014; and Amphenol acquired FCI for $600 million in 2015. Manufacturers listed in the top 10 also made an additional 38 acquisitions during this five-year span.
The following graph follows top 10 market share gains over the past 36 years.
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