Slower growth, stable prices expected for connectors: buyers can expect prices to be steady despite rising materials costs for connector manufacturers.(INTERCONNECTS)

Purchasing, May, 2005 by Roos, Gina

The global connector market will grow 5.8% to $35.4 billion in 2005 as demand weakens and prices remain stable. Weaker demand means leadtimes will be stable in the two to four week range. Last year, the connector market experienced nearly 18% growth, primarily due to strong demand from telecommunications equipment manufacturers, says researcher Bishop & Associates.

This year connector sales are forecast to grow 5-6% with the first half up slightly, followed by a better second-half growth rate. Many connector manufacturers say that overall industry growth slowed in the first quarter of 2005, but said their own revenues were strong despite weaker demand and rising materials costs. Tyco Electronics, Fujitsu and Molex are all projecting growth in the...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.