A Quick Market Primer II-1 Market Metrics

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW.............. II-1 Connectors: A Quick Market Primer II-1 Market Metrics.............. II-2 Assessing the Impact of Recent Economic Upheavals on the Connectors Market..............II-2 Stable Economic Outlook to Keep Market Sentiment Intact in the Near Term.............. II-4 Table 1: Real GDP Growth Rates (%) in Major World Economies: 2014-2017E (includes corresponding Graph/Chart) II-6 Market Outlook.............. II-7 Developing Markets Emerge Into the Spotlight as Future Growth Engines.............. II-8 Competitive Landscape..............II-8 TE Connectivity, Amphenol, Molex & Delphi Dominate the Global Market.............. II-8 Market Share Findings..............II-9 Table 2: Leading Players in the Global Connectors Market (2015): Percentage Breakdown of Dollar Sales for Amphenol, Delphi Automotive, Foxconn, Molex, TE Connectivity, Yazaki and Others (includes corresponding Graph/Chart) II-9

Table 3: Leading Players in the Global Automotive Connectors Market (2015): Percentage Breakdown of Dollar Sales for Delphi Automotive, JAE, Sumitomo Wiring Systems, TE Connectivity, Yazaki and Others (includes corresponding Graph/Chart).............. II-9

Table 4: Leading Players in the Global Transportation Connectors Market (2015): Percentage Breakdown of Dollar Sales for Amphenol, Delphi Automotive, Molex, TE Connectivity, Yazaki and Others (includes corresponding Graph/Chart).............. II-10

Table 5: Leading Players in the Global Industrial Connectors Market (2015): Percentage Breakdown of Dollar Sales for Amphenol, HARTING Electronics, JST, Molex, TE Connectivity and Others (includes corresponding Graph/Chart).............. II-10

Table 6: Leading Players in the Global Consumer Connectors Market (2015): Percentage Breakdown of Dollar Sales for CommScope, Delphi Automotive, JST, Molex, TE Connectivity and Others (includes corresponding Graph/Chart) II-10

Table 7: Leading Players in the Global Military/Aerospace Connectors Market (2015): Percentage Breakdown of Dollar Sales for Amphenol, Carlisle Interconnect, China Aviation, Glenair, ITT Interconnect Solutions, TE Connectivity and Others (includes corresponding Graph/Chart) II-11 Market Witnesses Spate of M&A Deals II-11 Select Merger & Acquisition (M&A) Deals in the Global Connectors Market (2011-2016) II-12 Challenges.............. II-12 Unorganized Market: A Threat? II-12 Fluctuating Raw Material Prices II-13

2. KEY MARKET TRENDS.............. II-14 Globalization Catches Up with Connectors Market II-14 IC Technology: A Key Driver for Connector Technology & Demand II-14 Increased Focus on Product Quality & Reliability Spurs Design Improvements.............. II-14 Miniaturization and High Functionality: The Ongoing Trends II-15 Custom Connectors: Order of the Day II-15 Computer Connectors Segment Sees Proliferation of Novel Technologies.............. II-15 IP-Rated, RoHS-Compliant & UL Recognized Connectors Make their Way.............. II-16 A Snapshot of Select IP Ratings for Connector Enclosures II-16 Connector Contact Materials Become a Subject for Innovation Too II-17 Environmental Mandates Poses Challenges for Chemicals Used in Connectors.............. II-18 Sustainability: Gaining Prominence II-18 Select Connector Products Launched in the Recent Past II-18 ITT's PL Series Connectors..............II-18 Amphenol's 4-Channel 10G-Base-T to XAUI Connector II-19 Amphenol's R-VPX Series Connectors II-19 Molex's MXMag Gigabit Single-Port RJ45 Connector II-19 Molex's Impel Plus Backplane Connectors II-19 ODU's ODU MEDI-SNAPA Miniature Connectors II-19 ODU's MINI-SNAP? and ODU AMC? High-Density Connectors II-20

3. END-USE SECTOR ANALYSIS..............II-21 Automobile Industry.............. II-21 Table 8: Global Automotive Connectors Market (2015): Percentage Breakdown of Dollar Sales by Application (includes corresponding Graph/Chart)..............II-21

Table 9: Global Passenger Car Market (2015 & 2020): Breakdown of Annual Production in '000 Units by Region/Country (includes corresponding Graph/Chart) II-22

Table 10: Global Commercial Vehicle Market (2015 & 2020): Breakdown of Annual Production in '000 Units by Region/Country (includes corresponding Graph/Chart) II-22 Transportation Sector..............II-22 Computers.............. II-23 Telecommunication Sector..............II-23 Fiber Optic Connectors: Powering Telecom Infrastructure II-24 Table 11: Global Fiber Optic Connectors & Splices Market (2015): Percentage Share Breakdown of Dollar Sales by Region (includes corresponding Graph/Chart) II-25 Growth in Fiber Optic Deployments Raises Demand for Fiber Optic Connectors..............II-25 Opportunity Indicators..............II-25 Soaring Deployments of 100G & Ultra-100G OTNs II-26 Growing Uptake of FTTx Networks II-26 WiMAX Market to Propel Demand for Connectors II-27 Industrial Applications Sector II-28 Market Benefits from Rising Importance of Industrial Automation II-28 Table 12: Global Industrial Automation Market by Segment (2015): Percentage Breakdown of Investments for Factory Automation and Process Automation (includes corresponding Graph/Chart).............. II-29

Table 13: Global Industrial Automation Market (2015): Percentage Breakdown of Investments by Sector (includes corresponding Graph/Chart)..............II-29 Industrial Robots Perk Up Demand Growth II-29 Table 14: Global Industrial Robots Market (2015 & 2020): Percentage Breakdown of Unit Sales of Industrial Robots by Region (includes corresponding Graph/Chart) II-30 Connector Industry Gears Up for Industry 4.0 II-31 A Glimpse of First, Second, Third, & Fourth Industrial Revolutions.............. II-31 Consumer Electronics Sector..............II-31 Smartphone Sales Drive CE Connectors Demand II-32 Table 15: Global Market for Smartphones: Volume Sales in Million Units for 2016, 2018 & 2020 (includes corresponding Graph/Chart).............. II-33 Aerospace and Defense Sector..............II-33 Product Trends in the Aerospace Sector II-34 Nanominiature Connectors for Aerospace Airframers II-34 Table 16: Military Expenditure in Leading Countries (2014 & 2015): Breakdown of Amount Spent (in US$ Billion) (includes corresponding Graph/Chart)..............II-35 Medical Sector.............. II-35

4. PRODUCT OVERVIEW.............. II-36 Connectors: An Introduction..............II-36 Types of Connectors.............. II-36 PCB Connectors.............. II-36 Types of PCB Connectors..............II-37 Backplane Connectors..............II-37 Board to Wire Connectors..............II-37 Mezzanine Connectors..............II-37 Rectangular I/O Connectors..............II-37 Circular Connectors..............II-37 Table 17: Global Circular Connectors Market (2015): Percentage Breakdown of Dollar Sales by End-Use Industry (includes corresponding Graph/Chart) II-38 RF Coaxial Connectors..............II-38 Types of Coax.............. II-39 N Connector.............. II-39 BNC Connector.............. II-39 TNC Connector.............. II-39 UHF Connector.............. II-39 F Connector.............. II-39 SMA Connector.............. II-39 7-16 DIN Connector..............II-39 Other Connector Types..............II-39 IC Socket Connectors..............II-40 Table 18: Global IC Socket Connectors Market (2015): Percentage Breakdown of Dollar Sales by End-Use Industry (includes corresponding Graph/Chart) II-40 Types of IC Socket Connectors II-40 Fiber Optic Connectors..............II-40 Application Specific Connectors II-40 Connectors Industry: A Historic Perspective II-41 Technological Factors Affecting Connector Performance II-42

5. PRODUCT INNOVATIONS/ INTRODUCTIONS II-43 ITT's Cannon Launches PL Series Connectors II-43 ODU Introduces ODU MEDI-SNAPA Connectors in the US II-43 Amphenol Aerospace Unveils Four-Channel 10G-Base-T to XAUI Connector.............. II-43 Amphenol Aerospace Introduces New Ruggedized R-VPX Connectors II-43 Molex Introduces MXMag Gigabit Single-Port RJ45 Connector II-43 Molex Unveils New Impel Plus Backplane Connectors II-43 Stewart Connector Unveils New Line of RJ45 StackJack Connectors with LEDs..............II-44 Amphenol Industrial Products Rolls Out UPT Circular Connector II-44 Anderson Power Products Unveils 5 Position Mid Power SPEC Pak Connector.............. II-44 Esterline Unveils MQuick Modular Rectangular Connectors II-44 TE Connectivity Unveils STRADA Whisper DPO Connectors II-44 AMETEK Introduces SMPS Hermetic Miniature RF Connector II-44 Molex Rolls Out Nano-Pitch I/O 80-Circuit Interconnect System II-44 AVX Unveils 9286-200 and 9286-250 Connectors II-45 CONEC Unveils Cat 6EA Connector..............II-45 GTK Unveils K Series Subminiature Connectors II-45 Fischer Connectors Launches MiniMax 06 Ultraminiature High- Density Connector..............II-45 GCT Introduces New White Lite Wire-Trap Lighting Connectors II-45 ODU Unleashes Advanced Monitoring Connector Solutions II-45 Farnell element14 Introduces Hirose HR08D Series Connectors II-45 Neoconix Rolls Out LPM Family of Standard Connectors II-46 ERNI Electronics Introduces ERmet ZDpro Connectors II-46 Rosenberger Unveils Multiport Mini-Coax Products with Support for 40 GHz Capacity..............II-46 GTK Introduces New Range of USB Type-C? Connectors II-46 Smiths Connectors Unveils Nebula Series SATA 6.0 Gbps Connectors II-46 Smiths Connectors Develops Enhanced M12 Connector II-46 Molex Unveils SlimStack Microminiature Connectors II-46 Omnetics Launches New Line of Metal Nano-Connectors II-47 Nano Magnetics Develops Nanoport II-47 FCI Rolls Out Low-Profile 1.2mm Pitch Wire-To-Board Connectors II-47 FCI Unveils Minitek Pwr 4.2 and Minitek Pwr 3.0 Connectors II-47

6. RECENT INDUSTRY ACTIVITY..............II-48 PEI-Genesis Acquires FilConn..............II-48 PEI-Genesis Collaborates with Esterline Connection Technologies II-48 Richardson Electronics Signs Global Distribution Agreement with Dynawave.............. II-48 Amphenol Acquires FCI Asia..............II-48 CommScope Acquires TE Connectivity's BNS Business II-48 Global Eagle Entertainment and CarlisleIT Team Up II-48 CarlisleIT to Expand Franklin Facility II-49 Cliff Electronic Components Signs Global Franchise Distribution Agreement with America II Electronics II-49 TE Connectivity Collaborates with Allied Electronics II-49 Dai-ichi Seiko Opens Sales Office in Detroit II-49 Mouser Electronics Teams Up with Molex II-49 Rosenberger Launches Rosenberger Automotive Japan II-49 Dai-ichi Seiko Renames I-PEX FRANCE as I-PEX EUROPE II-49 LEMO and Northwire Launch EDC..............II-50 LEMO Establishes LEMO Latin America in Brazil II-50 Amphenol Aerospace Commences Production of Mil-Spec Connectors in India.............. II-50 Delphi Automotive to Acquire Antaya Technologies II-50 Neoconix Signs Sales Representative Agreement with Moulthrop II-50 Carlisle Companies Acquires LHi Technology II-50 TE Connectivity Acquires SEACON..............II-50 Bel Fuse Takes Over Emerson Network Power Connectivity Solutions II-51 TTI Snaps Up Astrex Electronics..............II-51 Bel Fuse Inaugurates New R&D Center in Changping II-51 Amtek Engineering to Acquire Interplex Industries II-51

7. FOCUS ON SELECT GLOBAL PLAYERS..............II-52 3M (US).............. II-52 Amphenol Corporation (US)..............II-52 AVX Corporation (US)..............II-52 Carlisle Interconnect Technologies (US) II-53 China Aviation Optical-Electrical Technology Co, Ltd. (JONHON) (China).............. II-53 CommScope Inc. (US).............. II-53 DDK Ltd. (Japan).............. II-54 Delphi Automotive plc (UK)..............II-54 Esterline Technologies Corp. (US) II-54 Souriau SAS (France)..............II-55 Foxconn Interconnect Technology Ltd. (Taiwan) II-55 Glenair, Inc. (US)..............II-55 HARTING Technology Group (Germany) II-56 Hirose Electric Europe B.V. (The Netherlands) II-56 ITT Interconnect Solutions (US)..............II-56 Japan Aviation Electronics Industry, Ltd. (Japan) II-56 JST Mfg Co Ltd. (Japan)..............II-57 Molex Incorporated (US)..............II-57 ODU GmbH & Co. KG (Germany)..............II-57 Rosenberger Hochfrequenztechnik GmbH & Co. KG (Germany) II-58 Sumitomo Wiring Systems, Ltd. (Japan) II-58 TE Connectivity Ltd. (US)..............II-58 Weidmuller Interface GmbH & Co. KG (Germany) II-59 Yazaki Corporation (Japan)..............II-59

8. GLOBAL MARKET PERSPECTIVE..............II-60 Table 19: World Recent Past, Current & Future Analysis for Connectors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-60

Table 20: World Historic Review for Connectors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-61

Table 21: World 14-Year Perspective for Connectors by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada,Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart)..............II-62 Market by Product Type..............II-63 Table 22: World Recent Past, Current & Future Analysis for PCB Connectors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-63

Table 23: World Historic Review for PCB Connectors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-64

Table 24: World 14-Year Perspective for PCB Connectors by Geographic Region - Percentage Breakdown of Dollar Sales for US,Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart)..............II-65

Table 25: World Recent Past, Current & Future Analysis for Rectangular I/O Connectors by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart).............. II-66

Table 26: World Historic Review for Rectangular I/O Connectors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific,Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-67

Table 27: World 14-Year Perspective for Rectangular I/O Connectors by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) II-68

Table 28: World Recent Past, Current & Future Analysis for Circular Connectors by Geographic Region - US, Canada, Japan, Europe,Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-69

Table 29: World Historic Review for Circular Connectors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-70

Table 30: World 14-Year Perspective for Circular Connectors by Geographic Region - Percentage Breakdown of Dollar Sales for US,Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart)..............II-71

Table 31: World Recent Past, Current & Future Analysis for RF Coaxial Connectors by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-72

Table 32: World Historic Review for RF Coaxial Connectors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-73

Table 33: World 14-Year Perspective for RF Coaxial Connectors by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart)..............II-74

Table 34: World Recent Past, Current & Future Analysis for Other Connectors by Geographic Region - US, Canada, Japan, Europe,Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-75

Table 35: World Historic Review for Other Connectors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-76

Table 36: World 14-Year Perspective for Other Connectors by Geographic Region - Percentage Breakdown of Dollar Sales for US,Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 Analytics by End-Use Applications (includes corresponding Graph/Chart) II-77

Market by End-Use Sector..............II-78

Table 37: World Recent Past, Current & Future Analysis for Application of Connectors in Automobile Sector by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-78

Table 38: World Historic Review for Application of Connectors in Automobile Sector by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-79

Table 39: World 14-Year Perspective for Application of Connectors in Automobile Sector by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart).............. II-80

Table 40: World Recent Past, Current & Future Analysis for Application of Connectors in Computers by Geographic Region - US,Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)..............II-81

Table 41: World Historic Review for Application of Connectors in Computers by Geographic Region - US, Canada, Japan, Europe,Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-82

Table 42: World 14-Year Perspective for Application of Connectors in Computers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) II-83

Table 43: World Recent Past, Current & Future Analysis for Application of Connectors in Telecommunications Sector by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-84

Table 44: World Historic Review for Application of Connectors in Telecommunications Sector by Geographic Region - US, Canada,Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart).............. II-85

Table 45: World 14-Year Perspective for Application of Connectors in Telecommunications Sector by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart).............. II-86

Table 46: World Recent Past, Current & Future Analysis for Application of Connectors in Industrial Sector by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-87

Table 47: World Historic Review for Application of Connectors in Industrial Sector by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-88

Table 48: World 14-Year Perspective for Application of Connectors in Industrial Sector by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart).............. II-89

Table 49: World Recent Past, Current & Future Analysis for Application of Connectors in Aerospace & Defense Sector by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-90

Table 50: World Historic Review for Application of Connectors in Aerospace & Defense Sector by Geographic Region - US, Canada,Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart).............. II-91