China Business Intelligence Network News: The connector was originally mainly used in the military industry, and its large-scale civilian use began after World War II. After World War II, the world economy has achieved rapid growth. Electronic products such as televisions, telephones, and computers related to people's livelihood consumption continue to emerge. Connectors have also rapidly expanded from the early military use to the commercial field, and corresponding research and development have been rapidly developed. With the development of the times and the advancement of technology, connectors have been widely used in communications, consumer electronics, security, computers, automobiles, rail transit and other fields. With the gradual expansion of application fields, connectors have gradually developed into products with complete product categories, rich varieties and specifications, diversified structural forms, professional direction subdivision, standard system specifications, serialization and professionalization.

　　In recent years, China’s economy has maintained sustained and rapid growth. Driven by the rapid development of China’s economy, the downstream connector markets for communications, transportation, computers, and consumer electronics have also achieved rapid growth, directly driving the rapid growth of my country’s connector market demand. The data shows , From 2016 to 2019, the size of China's connector market increased from US$16.5 billion to US$22.7 billion. The China Business Industry Research Institute predicts that China's connector market will reach US$26.94 billion in 2021.

　　The development prospects of the connector industry

　　1. National industrial policy support

　　The connector industry is an important sub-industry of the electronic component industry. The country has continuously adopted policies to encourage the healthy development of the industry. "Industrial Structure Adjustment Guidance Catalog (2019)", "Special Action Plan for Enhancement of Manufacturing Design Capability (2019-2022) )" and other documents all regard new components as the key development areas of my country's electronic information industry.

　　2. Continuous and rapid growth of downstream industries

　　Connectors are indispensable components for security, communication equipment, computers, automobiles, etc. In recent years, benefiting from the continuous development of the downstream industry of connectors, the connector industry is developing rapidly driven by the strong demand of downstream industries, and the market demand for connectors remains The trend of steady growth.

　　3. There is a clear trend of international production bases shifting to China

　　Due to the vast consumer market and relatively cheap labor costs, international electronic product and equipment manufacturers transfer their production bases to China, which not only expands the market space of the connector industry, but also introduces advanced production technology and management concepts into the country to promote This has contributed to the considerable progress of domestic connector manufacturers and promoted the development of the domestic connector industry.

　　4. The concentration of domestic industries continues to increase

　　With the changes in the industrial competition pattern, a number of leading companies in the domestic security, communications and other downstream industries have gradually formed, such as Hikvision, Dahua Co., Ltd., ZTE, Univision Technology, etc. These industry leaders have put forward higher requirements on the R&D strength, product quality, price positioning, and delivery capabilities of component suppliers. They need companies with a certain scale to provide them with high-quality services and help them continuously reduce costs and improve Product competitiveness. Therefore, the concentration of the downstream market has led to the continuous trend of concentration in the upstream connector industry, which in turn promotes the rapid growth of advantageous companies.