Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide

Aerospace Defence Security Space

UK connector orders up 10% in Q1

The Interconnect Technology Suppliers Association (ITSA) has released its first quarter report for 2024, which reveals ITSA members have seen overall growth of 10% in connector orders, with some segments outperforming expectations, such as military and commercial which are up by 30%.

Image courtesy ITSA

Although 2024 has seen a good start for ITSA members, ITSA estimates that the UK connector market will likely only see low single-figure growth over the full year.

Nevertheless, ITSA members remain incredibly positive about the longer-term future.

Key Stats:

  • Book-to-Bill is flat at 1:1
  • Distribution share was flat in Q1, but still strong year-on-year
  • Some key markets showing significant growth, with Broadcast +70%, Data Centre +31% and Mass Transport +11%
  • The UK connector market continues to perform well and this is supported by both the Manufacturing PMI and Make UK data

The Interconnect Technology Suppliers Association (ITSA) is the only dedicated trade-industry body for interconnect technology companies operating in the UK. It originated in the early 1980s, as a specific interest group within the Electronic Components Industry Federation (ECIF), becoming the Connector Manufacturers Association (CMA), which ultimately stopped functioning around 2005.

Advertisement
Marshall RT

In 2008, it reformed as the British Connector Manufacturers Association (BCMA) and was relaunched in 2017 as the Interconnect Technology Suppliers Association (ITSA) to more accurately reflect the changing supply chain activities of its members. ITSA has a presence on several standards bodies, including BSI committees and RoHS compliance & exemption groups, like the Öko-Institut.

ITSA Membership
ITSA recently welcomed Rayfast to its ranks as its latest associate member. Swindon-based Rayfast is a distributor of harness components. Companies active in the UK interconnect supply-chain that are not as yet ITSA members, can find out more here: https://itsa.org.uk

Advertisement
ODU RT

To download the full ITSA Q1 report for 2024, click here:
https://itsa.org.uk/wp-content/uploads/2024/04/ITSA-Report-Q1-2024-2.pdf

Advertisement
L3Harris LB May IR L3Harris LB May IR
Thompson showcasing seating advances at AIX

Aerospace Events

Thompson showcasing seating advances at AIX

20 May 2024

Thompson Aero Seating is bringing a mix of inspiration and innovation to AIX 2024 as it continues to invest in its evolving premium seating range.

The Exact Group expands its capabilities

Aerospace Events

The Exact Group expands its capabilities

20 May 2024

Newry-based precision engineering and specialised finishing company, The Exact Group, has invested over £300k to expand its capabilities in the aerospace sector, including becoming a certified applicator of ceramic coating, Cerakote.

Saudia Group orders 105 A320neo Family aircraft

Aerospace

Saudia Group orders 105 A320neo Family aircraft

20 May 2024

Saudia Group, represented by Saudia and the group’s low-cost carrier flyadeal, has signed a firm order for an additional 105 A320neo Family aircraft.

London City Airport appoints Alison FitzGerald as CEO

Aerospace

London City Airport appoints Alison FitzGerald as CEO

17 May 2024

London City Airport confirmed yesterday that Alison FitzGerald has been appointed as its Chief Executive Officer (CEO).

Advertisement
ODU RT
EasyJet to open 10th UK base at London Southend Airport

Aerospace

EasyJet to open 10th UK base at London Southend Airport

17 May 2024

EasyJet has announced it will be expanding its UK network by opening a three-aircraft base at London Southend Airport next March.

Bristol Airport reaches 10m passengers

Aerospace

Bristol Airport reaches 10m passengers

17 May 2024

Bristol Airport has welcomed 10 million passengers (in a consecutive 12-month period) travelling through the terminal for the first time in its history.

Advertisement
ODU RT