DJY7024-3-21 automotive connector
Parameter Specification：
Color：Black
Male/Female：Female
Material：Nylon
Analysis and Forecast of Market Scale of Automotive Connector Industry
Global: From 2016 to 2019, the global automotive connector market has grown from US$12.605 billion to US$15.210 billion, with an average annual growth rate of about 4.5%, which is higher than the growth rate of the total global connector market in the same period. In the global connector market, automotive connectors account for 23.70%, which is the number one application field for connectors.
China: From 2016 to 2019, the market size of China’s automotive connectors increased from 19.28 billion yuan to 22.72 billion yuan, with an average annual growth rate of about 6%, which was higher than the growth rate of the total market size of China’s connectors during the same period. In China’s connector market in 2019, automotive connectors accounted for 16.9%, making it the third largest connector application field after communications and consumer electronics. Affected by the automobile cycle and the epidemic, the market size of China’s automotive connector industry is expected to be around 20.83 billion yuan in 2020.
At present, the global automotive industry is still undergoing the transformation of new energy and intelligence. The new generation of automotive products represented by smart electric vehicles use more electronic products in power, control, sensing, and safety systems. The quantity demand and quality demand of the connector have increased significantly, which is conducive to the continuous development of the automotive connector market at a high base level. It is estimated that the global automotive connector market will reach 19.452 billion U.S. dollars in 2025, and the Chinese automotive connector market will reach 4.468 billion U.S. dollars. From 2019 to 2025, the proportion of Chinese automotive connectors in the global automotive connector market will increase from 21.65% to 22.97%.
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