The 2019 top 10 connector manufacturers collectively achieved $38.7 billion in annual sales in 2019, which accounted for 60.2% of global connector demand and is up from 2018’s market share of 59.5%.
Every year, Bishop & Associates takes a comprehensive look at the connector industry in all of its complexity, evaluating the activities of 750 connector suppliers over both the past year and past decade to gain a broad perspective on the industry and determine the top suppliers. In 2019, the top 10 suppliers collectively achieved a record high of $38.7 billion in annual sales, which accounts for 60.2% of world connector demand and is up from 2018’s market share of 59.5%.
The 2019 top 10 connector manufacturers as defined by global connector sales are TE Connectivity, Amphenol, Molex, Aptiv (FKA Delphi Connection), Foxconn (FIT), Luxshare Precision, Yazaki, JAE, J.S.T., and Rosenberger.
When comparing the growth of the top 10 over the last five years with that of the total connector industry, it is not surprising to see that the top 10 suppliers grew more than the overall market, achieving 4.4% growth versus 3.0% respectively. As Bishop has indicated in the past, much of this can be attributed to acquisitions made by the top 10 suppliers over the last decade. In fact, over the last decade, the top 10 companies acquired more than 80 companies.
The following table showcases the top 10 suppliers’ market share since 1980.
2019 Top 10 Connector Manufacturers by Product Category
The largest product category for the 2019 top 10 connector manufacturers was PCB connectors. Aggregate PCB connector shipments by the top 10 accounted for over 60% of total PCB connector sales.
The second largest product category for the 2019 top 10 connector manufacturers was application-specific connectors. This category of connectors, which includes a number of connector types used in automotive applications, also accounted for over 60% of total combined sales of total application-specific connectors.
Design engineers and purchasing personnel want to use the best connector companies for their design and purchasing requirements, but identifying the best connector companies is not an easy task. This selection of insights from Bishop & Associates’ new “Top 100 Connector Manufacturers” report provides a starting point for evaluating potential supply chain partners.
Identifying the best companies is difficult in a marketplace that is filled with strong competitors. Bishop & Associates has published a 10-chapter research report that provides a complete analysis of the world’s top 100 electronic connector manufacturers. This report furnishes detailed statistics that benchmark the leading connector manufacturers by total sales, sales by end-use equipment market and product category, and many other key industry metrics. The report also goes beyond the 2019 top 10 to examine suppliers at every tier, including small specialists and strong regional suppliers, and provides all of the key data needed to analyze each of the top 100 worldwide electronic connector suppliers. Click here for more information.
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