UK connector revenues will be up 4-6% for 2023 year-end

Markets continue to vary markedly in performance, with sharp declines in the Communications, Data-Processing, and Mass-Transport markets.

Key stats

• Order-book is down 8% against 2022
• Book to Bill remains just positive at 1:02
• Distribution now has a 54% share of total revenue.
• Some key markets showed more encouraging signs with both Mil/Aero and Test & Measurement up 17% and Medical up 12%
• Declines of -23% to -34% in Communications and Broadcast, but Data-Processing showing a 27% increase Year-on-Year

Despite the market volatility, ITSA members have met their optimistic projection of a small growth for the year-end. However, they are more cautious about 2024, anticipating a flat overall market.

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Membership appeal

The Interconnect Technology Suppliers Association (ITSA) is the only dedicated trade-industry body for interconnect technology companies operating in the UK.

Is your company active in the UK interconnect supply-chain, but not yet an ITSA member?

If so, why not contact them to find out more about the benefits of joining?

Membership is not expensive, and it also has an associate membership for companies who are currently, or would like to become, suppliers to members.