A recent report from Global Industry Analysts suggests that developments in technology and a marked increase in the production of miniaturised microprocessors could potentially lead to a sustained growth within the electronics industry over the coming years.
A recent report from Bishop and Associates found that, on average over the last five years, worldwide administrations have consistently spent 2.7% of their gross domestic product (GDP) on military expenditures. This suggests that demand within the military sector for specialist connectors is likely to stay strong.
Demand for cable connectors is also expected remain strong in the near future. Analysts expect the worldwide market for the military/aerospace cable assemblies market to have grown by approximately 2% by the end of 2011, to a total value of approximately $12.9 billion.
Reliability is, of course, a major consideration to bear in mind, as is easy identification (very important when working on complex electrical circuits and systems) and how easily it can be connected to other devices.
Price will also be a huge factor for a number of companies considering the economic climate which we are all operating in at the moment.
You may also want the connector to meet specific needs as well, such as the ability to withstand high vibrations. Several connector manufacturers have recently stated their desire to hear more defined specifications from companies prior to constructing products, in order to meet client expectations as accurately as possible.
Challenger Components has 50 years experience in providing electrical components to a variety of industries. They use a variety of recognised and globally trusted suppliers such as Amphenol and ebm-papst to provide connectors, industrial fans/blowers and static control solutions to customers all over the world.
To learn more about the products Challenger can provide and the companies they are associated with, visit www.challengercomponents.com