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Market development of Connectors
Nov 02, 2018

With the rapid growth of consumer electronics, automotive electronics, the telecommunications terminal market and the continuous transfer of global connector capacity to Asia and China, Asia has become the most promising place for the connector market, and China will become the fastest growing and largest market for global connectors.

It is estimated that the future growth of China's connector market will continue to exceed the global average, the next 5 years, the market size of China's connector will grow at an annual rate of 15%, by 2010, China's connector market capacity will reach 25.7 billion yuan. The main supporting areas of electrical connectors are traffic, communications, network, IT, medical, home appliances, and other areas of the rapid development of product technology and market rapid growth, the strong traction of the development of the connector technology. So far, the connector has developed into a complete product range, rich variety specifications, structural type diversity, professional direction subdivision, the industry features obvious, standard system specifications of the series and professional products.