The reaction of connector market in the terminal area is very sensitive, due to the global financial crisis hit in 2009, sales of electronic products fell sharply, dragging down the slide the connector needs to its lowest point since 2006. According to the data of the company's global connector authoritative research institutes Bishop: global connector market sales growth dropped sharply in 2009, fell by 21.8% year-on-year, only $ 34.39 billion, an increase of 2.7% in 2008. In 2010 due to the rapid recovery of the downstream applications market demand, combined with the cardinality of the size of the market lower in 2009, in 2010 global connector market size increased by 31.8% to $ 45.34 billion, the basic recovery and beyond the 2008 level. The purpose of the connector industry, the global connector market size of $ 48.36 billion in 2011, a year-on-year growth of 6.6%. Bishop global connector market is expected to reach $ 50.06 billion in 2012, an increase of only 3.5% had been expected. According to the consultant's study of the best way to heaven: in 2012, the global economy, the Chinese economy is the obvious sign of slowing down, the downstream application side pulling effect will be relatively weak in the last 2-3 years, the the connector development of high-growth era of the past. The best way to heaven consultant is expected that in 2017 the global connector market is expected to reach $ 61.76 billion,,2012-2017, the compound annual growth rate is only 4.2%. |
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Global Connector Market Is Expected To Reach $ 61.76 Billion