With the increasing use of electronic products, mobile phones, computers, cameras and so on, the requirements for connectors are also higher and higher. At present, the top five applications in the global connector sales are automobile, computer and its peripherals, communications, industrial equipment, aerospace and military, while the top five applications in the growth rate are consumer electronics, transportation electronics, medical electronics, communication electronics, computers and peripherals.
It can be seen that the connector, as an indispensable part of electronic products, plays an increasingly important role in today's electronic products with diversified functions and modular design.
Specifically, the global connector market has experienced a sustained and rapid growth process from US $8 billion in 1980 to US $16 billion in 1990, US $34 billion in 2000, and US $45 billion in 2010. It is estimated that the global connector market will reach US $66 billion by 2015. By 2018, China's connector market will reach 69.438 billion yuan.
In 2013, China's connector sales revenue exceeded US $4 billion, with sales revenue increasing by more than 15%, accounting for more than 12% of global sales revenue. China's connector industry is moving towards internationalization, and Shanghai and Shenzhen have become international connector procurement centers in terms of industrial scale. The development of connectors in China is in the transition period from production to creation. In the field of high-end connectors, computers and peripheral equipment account for the largest market share, and the connector market of automobile and medical equipment also accounts for a high share. The domestic market share of automobile connectors accounts for about 20%. The rapid popularity of 3G mobile phones has led to a rapid growth in the demand for high-end connectors.
The CAGR of the connector market in China has been 27.2% in the past five years and 42.7% in the past 10 years, which is far higher than the growth level of the world in the same period. It is the fourth largest connector market leading the global rapid growth. China's connectors are mainly low-end and medium-end, with a relatively low proportion of high-end connectors, but the demand growth is fast.
Facing the market and technological changes of connectors, enterprises should keep track of the cutting-edge technology of connectors, learn new technology of connectors, gradually get rid of the competition of low-end product types, and develop high-end product lines.
