Connector Industry Achieves Double-Digit Growth
08/18/2025 //
Connector demand is very strong as verified by double-digit growth in the past three months. In fact, both orders and sales have achieved year-over-year growth in every month in 2025.
The following table displays connector industries orders and sales growth by month.
World Connector Results
Percentage Change
| Month | Bookings | Billings |
| January | 7.7% | 2.1% |
| February | 5.3% | 7.6% |
| March | 12.4% | 7.0% |
| April | 10.8% | 10.4% |
| May | 8.8% | 15.7% |
| June | 14.5% | 16.3% |
| Year-to-Date | 9.0% | 10.0% |
Note: The numbers may vary slightly from those previously published in 2025 Bishop Reports because of adjustments from participating companies.
These results are very encouraging, especially because demand appears to be strengthening.
In the second quarter of 2025, the connector industry achieved sales of $23,950, up 13.8% in U.S. dollars compared to 2Q24. We anticipate the third quarter to be up 6.9% and the fourth quarter to be up 4.8%, leading to year-over-year growth of 7.9%.
The following table shows industry sales by quarter for 2023, 2024 and 2025.
Connector Industry Quarterly Sales Results/Forecast
2023, 2024 and 2025
| Quarter | 2023 Actual | 2024 Actual | YOY Change | 2025 Actual | YOY Change |
| 1Q | 6.1% | ||||
| 2Q | 13.8% | ||||
| 3Q | 6.9% | ||||
| 4Q | 4.8% | ||||
| Total | 7.9% | ||||
| $ Millions, Red = Forecast | @2025 Bishop & Associates, Inc. | ||||
You will note that Bishop’s full year forecast is growth of 7.9%. To achieve that level of sales, the third and fourth quarters would have to soften from the current level of demand. This leads us to believe that our forecast may be a bit conservative.
The following displays year-over-year percentage change in sales and includes our third and fourth quarter forecasts.
Quarterly Sales by Percent Change
2024 through 2025
2025 Outlook: Historical Analysis
Over the past 15 years (2010-2024), sales through June averaged 48.5% of full-year sales. We have shipped $46,537 million through June. If history repeats, 2025 sales will be $95,953 million, up 11.0% over 2024 sales of $86,478 million.
Using this methodology, we can calculate a range of possible outcomes in 2025. Over the same 15-year period, the lowest June percentage of sales was 45.6% and the highest was 51.2%. As previously noted, the average was 48.5%.
| Range | YTD 15-Year Percent of Total |
2025 Sales | 2024 Actual | Percent Growth |
| Low | 45.6% | $102,055 | $86,478 | 18.0% |
| Average | 48.5% | $95,953 | $86,478 | 11.0% |
| Bishop | 49.9% | $93,275 | $86,478 | 7.9% |
| High | 51.2% | $90,893 | $86,478 | 5.1% |
| $ Millions | ||||
This analysis projects a possible sales growth range of 18.0% to a low of 5.1%. Year-to-date, sales are up 9.9% - further evidence that our forecast may be conservative.
The following table breaks out the Bishop forecast by region.
2023, 2024 and 2025F Connector Sales
by Region with Percent Change
| Region | 2023 | 2024 | Percent Change |
2025F | Percent Change |
| North America | $18,840 | $20,124.7 | 6.8% | $21,713.9 | 7.9% |
| Europe | $17,992.7 | $17,417.3 | -3.2% | $17,934.5 | 3.0% |
| Japan | $4,683.7 | $4,035.8 | -13.8% | $4,124.9 | 2.2% |
| China | $24,977.1 | $28,003.5 | 12.1% | $31,020.8 | 10.8% |
| Asia Pacific | $11,310.0 | $13,483.5 | 19.2% | $14,978.6 | 11.1% |
| ROW | $4,049.8 | $3,412.9 | -15.7% | $3,502.6 | 2.6% |
| Total World | $81,854.1 | $86,477.7 | 5.6% | $93,275.3 | 7.9% |
| $ in Millions | Bishop & Associates ©2025 | ||||
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Statements of fact and opinions expressed in posts by contributors are the responsibility of the authors alone and do not imply an opinion of the officers or the representatives of TTI, Inc. or the TTI Family of Specialists.
Ronald E. Bishop
Ronald E. Bishop founded Bishop & Associates Inc., a market research firm that specializes in the world electronic connector industry, in 1985. The firm publishes a monthly newsletter titled “The Bishop Report,” and a weekly digital publication from Connector Supplier.
Bishop & Associates’ research reports focus on connector sales by geographic regions, end-user equipment markets, connector products, and interconnect technologies.
The firm also tracks acquisitions within the connector space, conducts multi-client studies, and participates in customer specific research projects.
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