Connecting the dots: Continued growth in downstream markets will lead to steady revenue growth

The Wire Connector Manufacturing industry has exhibited solid performance over the five years to 2017. Prior to the five-year period, industry revenue jumped up significantly due to pent-up demand. However, once demand began to normalize, revenue slowed and even declined in 2012 and later in the period due to a heavy drop in exports in 2016. The fall in exports can potentially be attributed to the fall in the price of plastic, which is a major input in industry goods. Earlier in the period, rising domestic demand, caused by consistent economic growth and strong overall export demand, helped revenue briefly reach prerecession levels. Over the five years to 2022, industry revenue is forecast to experience steady and stable increases...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
1.6%
Forecast Growth 17-22
Profit
Employment
6,368
Businesses
43

Industry Threats & Opportunities

  • Import competition from low-cost manufacturers limited the industry’s domestic sales and margins
  • While the industry became more dependent on exports, the domestic market became increasingly dominated by imports
  • As construction increases, so will demand for wire connectors to complete building wiring projects
  • Industry Report - Industry Products Chapter

    Industry products come in numerous shapes and size and cover a wide array of applications.Board to wire connectorsBoard to wire connectors account for an estimated 51.8% of industry revenue. These connectors are designed to connect wires to items such as printed circuit boards. These products are often installed inside electronic devices ranging from computers to aircraft avionics. Consequently, demand for this product group depends on electronic sales. Over the past five years this product segment's share of revenue has increased as electronic sales rose.Cylindrical and coaxial connectorsCylindrical and coaxial connectors account for an estimated 21.4% of industry revenue. The...purchase to read more.

    Additional Insights for the Wire Connector Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Wire Connector Manufacturing Industry are

  • Having links with suppliers
  • Establishment of export markets
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Demand from electrical equipment manufacturing and Value of construction in the Wire Connector Manufacturing industry impact industry performance..

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    What's in this report

    What is the Wire Connector Manufacturing Industry?

    This industry manufactures wire connectors for electrical circuitry. Connectors may join two lengths of flexible copper wire or cable or connect a wire, cable or optical interface to an electrical terminal.

    Industry Products
  • Board to wire connectors
  • Cylindrical and coaxial connectors
  • Connectors for optical fiber
  • Other connectors
  • Industry Activities
  • Developing, and distributing wire connectors
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from electrical equipment manufacturing
  • Value of construction
  • Trade-weighted index
  • Industrial production index

  • Current Performance
  • The recovery and trade
  • Other trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry growth
  • Automation and innovation
  • Table: Wire Connector Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Wire Connector Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Manufacturing
  • Wholesale Trade
  • Retail Trade

  • Key Selling Industries
  • Aluminum Manufacturing
  • Copper Rolling, Drawing & Extruding
  • Metal Stamping & Forging
  • Metalworking Machinery Manufacturing
  • Plastic & Resin Manufacturing

  • Products & Services
  • Board to wire connectors
  • Cylindrical and coaxial connectors
  • Other connectors
  • Connectors for optical fiber
  • Chart: Wire Connector Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Electronics manufacturing
  • Construction and industrial activity
  • Exports

  • Major Markets
  • Exports
  • Automotive
  • Other
  • Power Distribution
  • Medical Equipment
  • Lighting
  • Chart: Major Market Segmentation for the Wire Connector Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Wire Connector Manufacturing

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Wire Connector Manufacturing Industry

  • Industry Globalization
    TE Connectivity Ltd., Amphenol Corp.,
  • Table: TE Connectivity Ltd. - financial performance
  • Table: Amphenol Corp. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Wire Connector Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Wire Connector Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Trade-Weighted Index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Miniaturization
  • The process of producing ever smaller products and devices.
  • North American Free Trade Agreement
  • NAFTA is a free trade agreement between the United States, Mexico and Canada. The treaty gets rid of most tariffs between the countries and integrates their industry classification systems.
  • Vehicle Telematics
  • The convergence of telecommunications and information processing to automate vehicle components such as emergency warning systems, GPS navigation and integrated hands-free cell phones.
  • What Our Customers Say

    Why buy this report?

    The Wire Connector Manufacturing Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Wire Connector Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Wire Connector Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Wire Connector Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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