China Automotive Connector Industry Development Prospects

With the continuous development of electronic technology in recent years, the applications of connectors in the microelectronics, automotive, and medical industries are attracting more and more attention. The components are getting smaller and smaller, the circuit density is getting higher and higher, and the transmission speed is getting faster and faster. Connectors are moving toward high density, miniaturization, thinness, assembly, high speed, small batches, and multiple varieties. These will become new growth points for the connector industry.

In terms of the product cost structure of automotive connectors, the average connector cost per vehicle in China is only a few hundred dollars. The cost of connectors for each car in foreign countries is about US$125 to US$150, which shows that China’s automotive connectors The market has great potential for development. In the future, each car will use 600-1,000 different kinds of electronic connectors, which is far greater than the number used today.

In the future, China will be expected to become an important production base for future global automotive connectors. In addition to some existing international major manufacturers, other manufacturers who have not yet set up factories in China will gradually establish production bases in China to supply local automotive components due to increasing local demand, local procurement, and cost advantages. Required by the manufacturer.