As the basic unit of signal transmission and information exchange, it determines the end products involved in the field need to be used, connector downstream application market almost covers the whole field of electronic industry. At present, China has become the world’s largest connector market, in 2019, China’s connector market size of 22.7 billion DOLLARS.

With the continuous transfer of electronic manufacturing industry to China, the industry has achieved rapid development, and the trade surplus continues to expand. But at present, China’s connector manufacturing industry is still dominated by low-end products, high-end products in the international market share is low.

1. Panoramic view of connector industry chain: widely used in downstream

Connector is a kind of signal or optical signal and mechanical force to make the circuit or optical channel on, off or conversion of functional components. The upstream market of the industry is the raw material market, which is mainly divided into raw materials and non-metallic raw materials. The middle market is the connector manufacturing industry, which is produced by manufacturing enterprises.

Wherever photoelectric signal connection is needed, photoelectric connectors are used. Connectors are one of the basic components necessary for the electrical connection of the whole circuit system. The downstream almost covers the electronic industry, including aviation, aerospace, military equipment, communications, computers, automobiles, industry, household appliances and so on.

2. China has become the world’s largest connector market

According to Bishop & Associates, the connector market in Mainland China was $22.7 billion in 2019, growing by 8.4% compared to the same period in 2018 and accounting for 31.4% of the world’s market share, making it the world’s largest connector sales market. From 2010 to 2019, the size of China’s connector market increased from 10.8 billion US dollars to 22.7 billion US dollars, with a compound growth rate of 8.56%.

In 2019, the Chinese mainland connector market accounted for 31.4% of the world’s market share, making it the world’s largest connector sales market.

3. China’s connector manufacturing trade surplus expands year by year

According to customs data, in 2020, the total import and export volume of China’s connector manufacturing was usd 4.739 billion, of which the export volume was USD 3.592 billion, with a year-on-year growth of 14.78%; Imports were 1.147 billion DOLLARS, down 13.89% year on year. China’s trade surplus reached us $2.445 billion.

Connector manufacturing industry from 2017 to 2020, China trade surplus continued to expand, mainly because of electronics manufacturing shift to China, domestic large connector production enterprise has introduced the advanced research and development, production equipment, has formed a high level of research and development team, narrowed the technology gap with international leading enterprises, the competition strength significantly strengthened.

4, China’s connector high-end market competitive advantage is not enough

Although China is the world’s largest connector market, but due to China’s connector industry started relatively late, the current production of connector is mainly low-end, high-end products market share is low. Domestic connector products lack independent research and development and related standards, high-end product manufacturers are few, the quality is general; In addition, most domestic manufacturers are small and lack cost advantages compared with overseas manufacturers.

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