According to the Interconnect Technology Suppliers Association’s (ITSA) Half-Year Report 2026, Q2 of 2026 proved to be a period of two halves, revenues continued to decline, down 13% versus the same period of 2025 but only 3% down on Q1 of 2026.
However, orders have recovered dramatically. In Q2 orders were up by as much as 50% for some members with a Q2 v Q1 increase of 27%.
Measured against the half-year 2025 then overall orders are up 8%.
Several markets performed very well but Mil/Aero was surprisingly almost flat.
The big negative affecting members was distribution share – down 28%, with two consecutive quarters at their lowest since 2021.
Because members distribution revenues represent 42% of the total this is a cause for concern. It is not clear if this is due to de-stocking, realigning of inventories or running from excess stock.
Overall though the interconnect market remains resilient against all of the challenges from home and abroad.
Key Markets
- Consumer Electronics up 50%
- Broadcast up 45%
- Utilities up 44%
- Mass Transport up 28%
- Test & Measurement up 11%
- Mil/Aero up 1% (a bit of a drop over the last period).
- Medical was flat.
- Distribution is down 28% (the biggest decline for over 3 years).
A full copy of the Report is available here.
Learn more https://itsa.org.uk/
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