With the continuous development of electronic technology, the application of connectors in microelectronics, automotive industry and medical industry is attracting more and more attention. Components are smaller and smaller, circuit density is higher and higher, transmission speed is faster and faster. Connectors are developing towards high density, miniaturization, thinning, combination, high speed, small batch and multi-variety of pogo pins. These will become connections. New growth point of appliance industry.
As far as the product cost structure is concerned, the average cost of connectors used in every car in China is only several hundred yuan. The cost of connectors used in every car in foreign countries is about 125 to 150 dollars. From this, we can see that there is great potential for the development of China's automobile connector market. Each car will use 600-1,000 different types of electronic connectors in the future, far more than the number used today.
China is expected to become an important manufacturing base for automobile connectors in the future. In addition to the existing well-known international factories, other manufacturers who have not yet gone to China to set up factories will gradually establish production bases in China to supply local automobile parts manufacturers because of the continuous improvement of local demand, localized procurement, cost advantages and other factors. In the future, China's automotive connector industry will be a highly competitive market between foreign-funded enterprises and Chinese local enterprises.