7123-6020 automotive connector

Parameter Specification：

Color：White
Male/Female：Female
Material：Nylon

The industry is growing rapidly, with a 5-year compound growth rate of up to 45%
Vehicle-mounted connectors can be divided into low-voltage, high-voltage, and high-speed connectors, which are mainly used in the three-electric system of traditional vehicles, new energy vehicles, and ADAS. The high-voltage connector connection is electrified and the high-speed connector connection is intelligent. Thanks to the rapid increase in the penetration rate of new energy vehicles and auxiliary driving systems, driving the rapid growth of on-board connectors. The market scale of domestic high-speed connectors and high-voltage connectors is expected in 2025. They will reach 12 billion yuan and 27 billion yuan respectively, with a compound growth rate of 45% in five years, and a six-fold growth space in five years.

Automotive connectors: car segmentation track, rapid growth of the industry, and broad space for future substitution

With high-tech barriers, designated enterprises have more advantages
Automotive connectors are mid-to-high-end connector products with high technical and process barriers. On the one hand, mold design and manufacturing are the prerequisites for mass production of products. On the other hand, precision stamping, injection molding, and automatic machine assembly are the keys to automated production. Molds and equipment determine the precision and production efficiency of connector products. In addition, with a wide range of automotive connector products and high customer barriers, the automotive industry requires longer certification and mass production cycles, and designated companies have a clear first-mover advantage.