The Wire Connector Manufacturing industry manufactures wire connectors for electrical circuitry. The industry is highly price sensitive, and companies must keep costs low to maintain margins while remaining competitive in building construction, home electrical work and electronic goods markets. These markets were hit particularly hard during the recession, driving down demand for industry products. As downstream markets continue to recover both at home and abroad, demand for wire connectors will rise, leading to prerecessionary levels of stability for the 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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.