Connector Market Analysis

Global connector market size

    Connectors are an indispensable basic electronic component in many devices and a bridge for communication in electronic circuits. Through the fast, stable, low-loss, high-fidelity transmission of electrical signals to ensure the normal functioning of the device. 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 has continued to grow, and the market size has generally expanded.

Regional Distribution of Global Connector Market

    From the perspective of regional distribution, the global connector market is mainly distributed in North America, Europe, Japan, China, and Asia-Pacific (excluding Japan and China). These five regions account for more than 90% of the global connector market3. In recent years, due to the impact of global economic fluctuations, the connector market in North America, Europe and Japan has grown slowly and has even experienced a downward trend. The emerging markets represented by China and the Asia-Pacific region have shown strong growth, which has driven the growth of the global connector market Main motivation.

China's connector market is growing rapidly

    With the transfer of world manufacturing to mainland China, the focus of global connector production has also shifted to mainland China. China has become the world's largest connector production base. The overall level of China's connector manufacturing has been rapidly improved, and the size of the connector market has been expanding year by year. China has become the most promising and fastest growing region in the global connector market. From 2003 to 2014, the growth rate of China's connector market was significantly higher than the global average. China's connector market share expanded from 12.50% to 25.80%, and it has now become the world's largest connector consumer market region.

The rapid development of the data communication industry has promoted the continuous growth of the communication connector industry. The steady development of the consumer electronics market has driven the continuous development of the consumer electronics connector industry. The steady development of the automotive industry has also driven the continuous development of automotive connectors. Advances in terminal application technology have promoted the continuous development of connector industry technology. With the rapid development of the global and China's communication equipment manufacturing industry, the data and communication connector market will continue to move forward, and the future development space is huge.

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