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| Countries covered: Global Bishop and Associates has just released a new nine-chapter research report covering The World Military Connector Market. This report examines the changing connector opportunities for the military/aerospace market, and provides an overview of current military electronics and the connectors in use. The report also gives an assessment of the world's military expenditures and an analysis of present and future projections of the military marketplace. Connector market statistics are presented showing historical and forecast connector shipments to the military market for the years 2003, 2004, 2005 and 2009. Compound annual growth rates are also provided for the 2004 - 2009 period. With a military budget that is approximately equal to the sum of all the rest on the nations in the world, the U.S. is by far the largest single market for military connectors. However, the fastest growing defense budget is that of China. With economic growth bolstering the overall economy, China is busy adding to its military capabilities. The world military market for connectors continues to grow, and totaled $2.329 billion in 2004. The most significant change comes from the growing use of non-mil spec connectors in a market that was once virtually off limits to commercial suppliers. Today, mil spec connectors can no longer meet the technology requirements of the military. It is the consensus of the military, major platform integrators and weapon system OEMs, that no new mil spec connectors will be developed. The military is now forced to look to the commercial connector sector to meet all new military connector needs. |
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