Size and analysis of the connector industry in the domestic market

According to the "2017-2021 China Connector Industry Market Survey and Development Strategy Research Report" released by China Market Research Network, the market size of China's connector industry in 2011 was US $11.362 billion and increased to US $16.141 billion by 2016. A connector is a functional element that connects, disconnects or converts circuits or optical channels with the help of electrical or optical signals and mechanical forces. It is used as an electrical or optical signal connection between devices, components, equipment and systems, transmits signals or electromagnetic energy, and keeps the changes of signal distortion and energy loss between systems from systems. Optoelectronic connectors must be used wherever optoelectronic signal connections are required. As one of the basic components necessary for the electrical connection of the entire circuit system, connectors have been widely used in aviation, aerospace, military equipment, communications, computers, automobiles, industries, household appliances and other fields.

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As an indispensable component in electronic products, connectors are playing an increasingly important role in today's electronic products with diversified functions and modular design. In recent years, benefiting from the continuous development of downstream industries such as downstream data communications, computers and peripherals, consumer electronics, and automobiles, the global connector market demand continues to grow, and the overall market size is expanding. Especially with the rapid development of electronic information technology, the upgrading speed of electronic products is getting faster and faster. The production and sales of consumer electronic products, mainly flat-panel TVs, notebook computers, digital cameras, smart phones and other products, continue to grow, which also helps The connector market continues to grow. According to the "2017-2021 China Connector Industry Market Survey and Development Strategy Research Report" released by China Market Research Network, in 2011, the global connector market size was 48.217 billion yuan, and it will grow to 60.137 billion yuan by 2016. The global connector market regions can be mainly divided into five regions: North America, Europe, Japan, China, and Asia-Pacific. These five regions account for more than 90% of the global connector market. In recent years, due to the global economic crisis and other factors, the connector markets in North America, Europe and Japan have grown slowly or even declined, while emerging markets represented by China and the Asia-Pacific region have shown strong growth, especially China, which has rapidly grown into the world's largest connector country and become the main driving force for the growth of the global connector market. In 2016, China's connector market share was 26.84%; Followed by Europe and North America, accounting for 20.65% and 20.15% respectively; The Asia-Pacific region except China and Japan has also developed rapidly in recent years, with a total market share of 16.93% in 2016; However, the Japanese economy has suffered severe setbacks in recent years, and the connector market share has shown a downward trend, accounting for 9.24%. With the industrial transfer of the world's manufacturing industry, as the main transfer undertaking area of the global manufacturing industry, mainland China has gradually become the production center of global connectors. At present, China has become the largest connector production base in the world. The overall level of connector manufacturing in China has been rapidly improved, and the scale of the connector market has expanded year by year. China has become the region with the greatest development potential and the fastest growth in the global connector market. According to the "2017-2021 China Connector Industry Market Survey and Development Strategy Research Report" released by China Market Research Network, the market size of China's connector industry in 2011 was US $11.362 billion and increased to US $16.141 billion by 2016. In the future, with the further expansion of the development scale of downstream application fields such as China's electronic information industry and automobile industry, the scale of China's connector market will further grow. At this stage, the competitiveness of my country's connector industry in the high-end market is slightly insufficient. From the perspective of market supply and demand, the supply of domestic connector products is mainly low-end, while high-end products still mainly rely on imports; As the world's largest connector consumer market, with the global industrial transfer, the domestic market's demand for high-end connectors is growing rapidly. The main demand areas for high-end connectors are concentrated in automobiles, medical equipment, computers and peripherals, and consumer electronics such as high-end smartphones. The development of connectors in China is in the transition period from production to creation, so the competitiveness in the relatively high-end market needs to be strengthened. In addition, from the perspective of scale, the overall scale of domestic connector manufacturers is still relatively small at present, and most of the enterprises are small and medium-sized enterprises. Compared with international competitors, the development path of enterprises mainly depends on their own exploration and development. In addition, due to the lack of financial strength, it is not conducive to the continuous investment in scientific research of the industry. When the development of the industry slows down, disorderly competition is easy to occur, and the entire industry's ability to resist risks is weak. Industry analysts from China Market Research Network said that my country's connector market is relatively fragmented, and the development of high-end and low-end products is uneven. There are not many high-end connector manufacturers, mainly concentrated in aerospace, information industry and other fields. Their products also show strong competitive advantages in their respective fields, and their gross profit margins are generally high. Enterprises that produce low-end products are generally small in scale, with simple product types, serious homogenization, lagging new product development, and relatively fierce competition. Faced with the current market and technological development and changes of connectors, enterprises should constantly track cutting-edge connector technologies, learn new connector technologies, gradually get rid of the competition of low-end product types, and develop high-end product lines.

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