The Automotive Connectors market is facing challenging issues from the global economic development!

The global economic recession and financial crisis have also posed challenges to the connector supply chain of automobile companies. Therefore, it is imperative to respond to and adapt to the demand of the automobile connector market. This article mainly shares with you the automobile connector manufacturers that the connector market is facing challenges from global economic development! Regardless of economic conditions and global turmoil, the world continues to operate 24/7, and the demand for raw materials and finished products for automotive connectors is inexhaustible. While the existing automotive connector market is flattening out or drying up in some parts of the world, the new automotive connector market is emerging elsewhere, and it is still crucial to conduct business logistics such as planning, sourcing, sourcing, inventory, warehousing, distribution, transportation, and customer support.

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In addition to the economic and supply chain challenges faced by the automotive connector market, other considerations are as follows: 1. Since the requirements for automotive infotainment systems are more stringent than other consumer electronics products, automotive connectors with miniaturization and selective terminal plating are required. product. 2. Find new materials that create net value by reducing the overall weight of automotive connectors. 3. In the life cycle of fast-moving consumer goods that drive premium pricing, only the most creative automotive connector products enjoy a relatively long healthy profit period at the OEM level. 4. We need to pay attention to counterfeit and counterfeit connector products of automobiles. The cost of counterfeit and inferior connectors is only a fraction of the original parts (as low as 75%). Since most of the counterfeit and counterfeit products come from overseas, this is a big business that not only costs the U.S. economy billions of dollars is on sale, but also thousands of American jobs. 5. Continuously expand the regulatory requirements of the automotive connector market globally, whether in terms of new directives or the expansion of existing laws and guidelines. Furthermore, according to the roadmap of the International Electronics Manufacturing Initiative, the automotive electronics industry accounts for approximately 11% of global electronics production, reaching $164 billion in 2011. After an exceptionally strong recovery in 2011 with growth of more than 14%, this automotive connector industry is still expected to experience relatively strong growth, which is mainly driven by strong emerging market automotive sales and will also have a positive impact on the automotive connector market.

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