Connector market trend

At present, the global automotive connector industry accounts for about 15% of the connector industry. It is expected that in the future, driven by automotive electronics products, it will occupy a larger proportion. In terms of product cost structure, the average connector cost per car in China now is only a few hundred yuan, and the connector cost per car with foreign countries is about $ 125 to $ 150. From the perspective of the Chinese automotive connector market, Great development potential. In the future, 600-1,000 electronic connectors will be used per car, which is much larger than the number used today.
Connector market trend

China is expected to become an important production base for global automotive connectors in the future. In addition to the existing first-line well-known international manufacturers, other manufacturers that have not yet set up factories in China will gradually build up production bases in China to supply local auto component manufacturers due to the increasing local demand, localized procurement, and cost advantages. need.

Therefore, in the future, China's automotive connector industry will be a highly competitive market for foreign companies and Chinese local companies! China will also become one of the important producers of automotive connectors under the development of foreign and local enterprises. It remains to be seen who will become the hegemony of Chinese automotive connectors in the future for local, foreign, and foreign-funded enterprises.

Yeahui is a connector supplier with 11 years of experience in developing high quality connectors and wiring harnesses. wo have many types of products, including obd connector, circular connector, agricultural connector and so on.We can meet the requirements of various customers. Feel free to learn more about connectors or buy our connectors,looking forward to your message.
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