MG620407, DJ7142Y-2-11 automotive connector

Parameter Specification：

Color：White
Male/Female：Male
Material：PA66

There are nearly a hundred types of electronic connectors that traditional cars need to use, and the number of connectors used in a single vehicle is about 600, which are mainly used in engine management systems, safety systems, entertainment systems, and so on. Compared with traditional fuel vehicles, the demand for connectors for new energy vehicles has increased significantly. The value of low-voltage connectors used in traditional fuel vehicles is about 1,000 yuan, while the material cost, shielding, and flame-retardant requirements of high-voltage connectors are higher than traditional low-voltage connectors. The value of connectors used in new energy vehicles is much higher than low-voltage connectors. Connector. Among them, the value range of connectors for pure electric passenger vehicles is 3,000-5,000 yuan, and the value of connectors for pure electric commercial vehicles is 8,000-10,000 yuan.

With the continuous advancement of automobile intelligence, in addition to the original engine management system and other equipment that require the data connection of the connector, more advanced in-vehicle entertainment systems, intelligent driving systems, etc., have an increasingly strong demand for connectors.

In 2019, the production and sales of China’s automotive connector industry were 19.58 billion and 17.55 billion, with year-on-year growth rates of -2.87% and -4.15%, respectively. The decline in growth rate was mainly affected by the automotive business cycle.

The development of new energy vehicles has expanded the market scale of the automotive connector industry. In the context of the country’s vigorous development of new energy vehicles, major auto manufacturers continue to increase their investment in new energy vehicles, and China’s new energy vehicle sales have increased rapidly. According to statistics from the China Association of Automobile Manufacturers, from 2011 to 2019, China’s new energy vehicle sales increased from 8,000 to 1.206 million, with an average annual compound growth rate of 87.19%. According to the “Medium and Long-term Development Plan for the Automobile Industry” jointly issued by the Ministry of Industry and Information Technology, the National Development and Reform Commission and the Ministry of Science and Technology in April 2017, by 2020, the annual production and sales of new energy vehicles will achieve the goal of 2 million vehicles.

In 2019, the output of new energy vehicles in China was 1.242 million, and the market size of new energy vehicle connectors was 3.544 billion yuan. In the future, with the rapid growth of new energy vehicle production and sales, the new energy vehicle connector industry will continue to maintain rapid development. By 2024, the industry market size will exceed 10 billion yuan.

 Analysis of key enterprises

The development of the automotive connector industry is closely related to the maturity of the automotive industry. In general, the automobile industry in developed countries and regions such as the United States, Europe, and Japan started early and is in a competitive position with long-term technology and customer accumulation. With the increasing level of China’s manufacturing industry, domestic automotive connector manufacturers have continuously enhanced their capabilities in mold development and product development and production, and the industry’s competitiveness has continued to increase