Connector market the global breakthrough of China enterprises

China connector industry is shifting from “scale expansion” to “value promotion”. In 2024, the trade surplus of the industry reached US$ 4 billion, a year-on-year increase of 5%, and the trend of high-end export products was obvious. Luxshare Southeast Asia Base undertakes orders from North America, Xingkun Holdings sets up storage centers in Europe and America, and builds a channel network of 50 countries, which significantly enhances its overseas delivery capacity.Through bit by bit efforts, let Custom Solar Cables Our market share is getting higher and higher, and the return on investment is also rising steadily. https://www.dghejiaxin.com/

A number of “invisible champions” have emerged in the segmentation field. In the field of rail transit, the market share of rail-to-rail connectors of Yonggui Electric Appliances reaches 70%, and the technology extends to the power exchange system of new energy vehicles; In the field of consumer electronics, Derun Electronics’ 5G mobile phone RF connector market share is 60%, and its cost is lower than that of foreign investment by 30%. In the field of medical equipment, AVIC Optoelectronics has developed high-temperature and corrosion-resistant connectors, which are applied to precision instruments such as ultrasonic diagnostic instruments.

Policy support injects impetus into the development of the industry. In 2023, the Ministry of Industry and Information Technology and other departments jointly issued the “Implementation Opinions on Improving the Reliability of Manufacturing Industry”, which clearly required to improve the reliability level of high-speed connectors; In 2021, the Action Plan for the Development of Basic Electronic Components Industry proposed to break through key technologies such as high-speed connectors. Driven by policy and market, China connector industry is transforming from “manufacturing” to “technological creation”.