What is the 2024 forecast for the connector industry? What happened in 2023? What markets and industries saw the most growth, or the biggest decline? Is the West still outpacing the East in terms of connector sales growth? While we're at it, what about connector prices and lead times? Every few months we speak to our friends at Bishop and Associates and they provide insights and perspective on events in the $84 billion connector industry. Here's their 2024 forecast, their 2023 year in review, … [Read more...]
Bishop and Associates: The Impact of China and COVID-19
I get dizzy when I think about the changes that took place in the connector industry in the last decade or so. New technologies, industries, processes, markets, products, and systems, from AI, to EV, to 5G, to robotics, to the cloud, to globalization, to exploding data rates, and to infinity and beyond. Two major changes in the world of connectors were the explosion of manufacturing in China, and more recently, COVID-19's impact on the industry. Who better than our friend Ron Bishop, of … [Read more...]
Bishop European Customer Survey: Samtec #1 Again, 12th Time
Samtec has once again won the Bishop and Associates “European Customer Survey of the Electronic Connector Industry.” This is the 12th time that Samtec is ranked #1 in Europe. The last Bishop European Customer Service Survey was completed just before Covid-19. To win this survey again, in such a convoluted supply chain environment during the Covid chaos, and in such a convincing manner, is a testimony to Samtec associates worldwide who make Samtec Sudden Service® a reality. By the way, we … [Read more...]
Bishop and Associates: A 2023 Connector Industry Update YTD
We caught up with Ron Bishop - President of Bishop and Associates, connector industry expert, and friend of Samtec - and talked to him about what's going on in the connector industry nowadays, and more importantly, what the future holds. Electronic OEMs, AKA Samtec's customers, frequently ask us about the "state of the union" of the connector industry. While electromechanical is not as high-profile or visible as the chip industry, connectors are an essential link in the EOEM supply … [Read more...]