Year-on-Year UK Connector Revenues Rise

08 August 2023

The Interconnect Technology Suppliers Association (ITSA) has just published its half-year report for 2023, with some (but not all) encouraging signs for the UK connector component sector.

The report shows that year-on-year interconnect revenues are up by 6%, but 6% lower than they were for the first quarter of 2023. The book-to-bill ratio for this quarter just about remains positive, at 1:02 - but there has been an acute drop in orders in relation to the communications, data processing and broadcast industries. In contrast medical (+12%), military/aerospace (+9%), mass transportation (+9%) and test/measurement (+4%) are all up on the previous quarter.

The complete report can be accessed at: https://itsa.org.uk/wp-content/uploads/2023/07/ITSA-Report-Half-Year-2023.pdf


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