What is the market development of connectors

With the rapid growth of consumer electronics, automotive electronics, and communication terminal markets, as well as the continuous transfer of global connector production capacity to Asia and China, Asia has become a place with development potential in the connector market, while China will become a market with fast global connector growth and capacity. It is estimated that the growth rate of the Chinese connector market will continue to exceed the global average in the future. Within the next five years, the average annual growth rate of the Chinese connector market will reach 15%. By 2010, the connector market capacity in China will reach 25.7 billion yuan.

The main supporting fields of electrical Connectors include transportation, communication, network, IT, medical, home appliances, etc. The rapid development of product technology and market growth in the supporting fields strongly drive the development of connector technology. So far, connectors have developed into a series and specialized product with a complete variety of products, rich specifications, diverse structural types, segmented professional directions, obvious industry characteristics, and standardized system specifications.

Overall, the development of connector technology presents the following characteristics: high-speed and digitalization of signal transmission, integration of various signal transmissions, miniaturization and miniaturization of product volume, low cost of products, surface mounting of contact termination methods, module combination, and convenience of insertion and extraction, etc. The above technologies represent the development direction of connector technology, but it should be noted that not all connectors are necessary. The demand points for the above technologies are completely different for connectors in different supporting fields and different usage environments.