Interconnect Components

Published on: 11/06/2014

Estimated at $17.6 billion, the interconnect components industry in the U.S. is growing steadily. After facing economic headwinds in 2009, the industry has grown at a compound annual growth rate (CAGR) of 4.8% between 2010 and 2014. This growth is primarily attributed to rising investments in the telecom and utilities sectors, spurred by government initiatives such as the 2005 U.S. Energy Bill, the American Recovery and Reinvestment Act of 2009 and the 2010 National Broadband Plan. A revival in construction and rising infrastructure expenditures in the IT and Communication sectors are expected to further enhance industry growth, with forecasts of a 2.7% CAGR to reach $20.2 billion by 2019. Revenue growth and potential demand in the industry are resulting in the expansion of existing players and the establishment of new companies. 

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