Connector was originally mainly used in the military industry, its large-scale civilian began after world War II. After World War II, the world economy has achieved rapid growth, and electronic products related to people’s livelihood, such as TV, telephone and computer, continue to emerge. Connectors have also rapidly expanded from the early military use to the commercial field, and the corresponding research and development has achieved rapid development. With the development of The Times and the progress of science and technology, connector has been widely used in communication, consumer electronics, security, computer, automobile, rail transit and other fields. With the gradual expansion of the application field, the connector has gradually developed into a complete range of products, varieties of rich specifications, various forms of structure, professional subdivision, standard system specification, serialization and professional products.

In recent years, China’s economy has maintained sustained and rapid growth. Driven by the rapid development of China’s economy, communications, transportation, computers, consumer electronics and other connector downstream markets have also achieved rapid growth, directly driving the sharp growth of China’s connector market demand. Data shows that from 2016 to 2019, China’s connector market grew from 16.5 billion DOLLARS to 22.7 billion dollars. China Business Industry Research Institute predicts that in 2021, the size of China’s connector market will reach us $26.94 billion.

Development prospect of connector industry

1. National industrial policy support

Connector industry is an important segment of electronic components industry, industry, national continuously through policy to encourage the healthy development of the industry, the industrial structure adjustment guidance catalogue (2019) ", "manufacturing design ability raise special action plan (2019-2022) and other documents are the new components as areas of focus on the development of electronic information industry in China.

2. Continuous and rapid growth of downstream industries

Connector is an indispensable component of security, communication equipment, computers, automobiles and so on. In recent years, the connector industry has benefited from the continuous development of the downstream industry. The connector industry has developed rapidly driven by the strong demand of the downstream industry, and the connector market demand has maintained a steady growth trend.

3. The trend of international production base shifting to China is obvious

Due to the vast consumption market and relatively cheap labor costs, international electronic products and equipment manufacturers to transfer its production base to China, not only to expand the market space of the connector industry, also the domestic, introduced advanced production technology, the management idea, promote the domestic connector for the long-term development of the production enterprises, promote the development of the domestic connector industry.

4. The degree of concentration of domestic industry is increasing

With the change of the industrial competition pattern, a number of leading enterprises have gradually formed in the downstream industries of domestic security and communication, such as Hikvision, Dahua Stock, ZTE, Yushi Technology, etc. These industry leaders put forward higher requirements for component suppliers' RESEARCH and development strength, product quality, price positioning and delivery ability. Enterprises with a certain scale are required to provide them with high-quality services, and help them reduce costs and improve product competitiveness. Therefore, the concentration of the downstream market leads to the concentration of the upstream connector industry, which promotes the rapid growth of competitive enterprises.