Gobal Industrial Connector Market will Grow Steadily, with Most Countries Focusing on Low-end Products and Import SSubstitution Products

Industrial connectors are specially designed to build a strong Ethernet connection in harsh environment, providing reliable and pluggable transmission of power, signals and data. Board-to-board (BTB) connector is used to connect printed circuit boards (PCBs), that is, electronic components containing conductive patterns printed on the surface of an insulating substrate in an accurate and repeatable manner. This type of equipment is specially designed to provide signal connection between two printed circuit boards (PCBs). Wire-to-board connectors connect wires to printed circuit boards (PCBs), thus realizing the connection between circuits. A terminal connector is a modular module with an insulating frame that can fix two or more wires together. It consists of a clamping part and a conductive strip.

Industrial automation uses control systems, such as computers or robots, and information technology to deal with different processes and machines in industry, instead of human beings. Process control is the ability to monitor and adjust the process to give the desired output. It is used in industry to maintain quality and improve performance. A machine tool is a machine for handling or machining metal or other rigid materials, usually by cutting, boring, grinding, shearing, or other forms of deformation. Machine tools employ some sort of tool that does the cutting or shaping. Machinery refers to specific machines or machines in general. Industrial connectors can be applied to machine tools and machinery to improve the accuracy of mechanical transmission. Building engineering is an engineering discipline, involving the technical aspects and multidisciplinary methods of building planning, design, construction and operation, such as environmental system, structural system, behavior and attributes of building components and materials, and analysis and comprehensive design of construction management. Civil engineering is a professional engineering discipline, involving the design, construction and maintenance of physical and natural building environment, including public works, such as roads, bridges, canals, dams, airports, sewage systems, pipelines, building structural components and railways. Industrial connectors can be used in many aspects of civil engineering and building engineering. Energy market is a commodity market that deals exclusively with energy trade and supply. Industrial connectors can be used for energy transmission. Heavy equipment refers to heavy vehicles specially designed to perform construction tasks, and the most common vehicles are those involved in earthwork operations or other large-scale construction tasks. Heavy equipment usually includes five equipment systems: implementation, traction, structure, power train, control and information. Industrial connectors can ensure safe power transmission under the worst conditions.

China is the largest revenue market

China was the largest revenue market with a market share of 24.20% in 2015 and 26.01% in 2019, an increase of 1.81%. In 2019, Europe market share was 23.33%, ranking second. In addition, Japan Industrial Connector market is expected to be the growing market. With the development of economy, increase downstream demand, progress in the downstream industry will promote the Industrial Connector market. Industrial Connector companies are mainly from the US and Europe; the industry concentrate rate is relatively high. The top three companies are Amphenol, TE Connectivity Ltd, Molex . The downstream industries such as industrial automation and process control, machine tools and machinery, architectural and civil engineering, energy market and heavy equipment have a growing demand for industrial connectors, thus promoting the development of the industrial connector industry. China, as a growing market of industrial connector industry, promotes the development of the industry. Due to the improvement of intelligent manufacturing level and the integrity of supply chain, this trend is very beneficial for industrial connector enterprises to improve their technical R&D and manufacturing level. Industrial connector industry will continue to develop.

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The demand of industrial connector market is still growing greatly

The connectors produced in China are mainly lowend connectors, and the high-end connectors have a relatively low share, but the demand is growing rapidly. At present, the development of connectors in China is in a transitional period from production to creation, and there is a huge demand for high-end connectors, especially in the fields of automobiles, industry and so on, which makes the market of high-end connectors grow rapidly. With the internationally renowned connector enterprises represented by TE and Molex moving their production bases to China, the connector manufacturing level in China has been rapidly improved. These factors will promote the development of China\'s industrial connector industry. China is a growing market for the industrial connector industry. Emerging industries and high-tech industrial connector products maintain a high profit level. With the rise of new fields such as intelligent manufacturing, Industry 4.0, the requirements for industrial connectors are increasing day by day, and such industrial connector products and enterprises will still maintain a good profit level in the future. The continuous development of the downstream application industry will bring opportunities and promote the development of the industrial connector industry.

With the global restrictions on fuel vehicles, the development of new energy vehicles is very fast. The automobile field is expected to open up new growth space. Automotive innovation is mainly in automotive electronics. With the popularization of new energy vehicles, ADAS, driverless and Internet of Vehicles in the future, the proportion of automotive electronics will continue to increase. Compared with the smart phone industry chain, the automobile industry chain is more closed, including TE, Molex, etc., which occupy the leading position in automobile connectors, and the automobile and industrial connectors have great prospects. The demand of industrial connector market is still growing greatly. Due to the improvement of intelligent manufacturing level and the integrity of supply chain, this trend is very beneficial for industrial connector enterprises to improve their technology R&D and manufacturing level.

In most countries, connector enterprises mainly focus on low-end products and imported substitute products, with low added value, especially consumer electronic products. With the intensification of market competition, the profit level shows a downward trend. Enterprises need to invest in research and development of new technologies, and the cost of enterprises will increase, which will have an impact on the development of enterprises. With the development of the Internet, science and technology are developing faster and faster, and the technology is updated frequently. A new technology can completely replace the previous technology, so the application cycle of a technology is not very long, and the competition in the industry is fierce.

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