Abstract
Bishop & Associates has just released a new six-chapter research report
analyzing the Western European Connector Market. This report provides a
comprehensive analysis of the market detailing connector consumption by
country, with details by end-use equipment sector, and connector product
category. Sales are provided for the years 2005, 2006, and a 2011 forecast.
This report supplies detailed statistics for the following group of 15
countries:
10 Selected Member States of The European Union Using The Euro Currency
- Austria
- Belgium
- Finland
- France
- Germany
- Ireland
- Italy
- Netherlands
- Portugal
- Spain
3 Selected Member States of The European Union Not Using The Euro Currency
- Denmark
- Sweden
- United Kingdom
2 Selected Country' s Not Part of The European Union
These 15 countries make up the bulk of the European Connector Market. European
Union members Greece, Luxembourg, Cyprus, and Malta, together with Iceland and
the various city-states make up the group ' Others' .
The European connector market grew by an average of +5.8% per year (CAGR)
between 2001 and 2006.
Although most European countries registered higher than average growth, the
United Kingdom and Italy (the second and fourth biggest connector markets in
Europe) have been declining and have had a negative influence on the overall
average growth rate.
Germany and France have been growing at a rate close to the average, both with
a compound average growth rate of +6.2% per year.
Finland has recorded exceptional growth. After the collapse and recovery of
the telecommunications market, the Finnish connector market has achieved high
growth rates and recovered quickly.
The Spanish connector market also performed well, and growing +12.4% per year on average.
In the next five years (2006-2011) we expect the Nordic countries to grow a rate close to 5% per year. Ireland and Spain will outperform other European countries. Italy will not grow at the European average, and Germany's connector growth will remain modest as well. The remaining countries will grow at either some percentage points above or below the European average CAGR of +3.3%.