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Analysis on the market situation and development prospect of connector industry in China in 2019

2019-12-12
1. The scale of global connector market is rising steadily
Connector is an essential key component for electrical connection or signal transmission between system or complete circuit units, which has been widely used in military industry, communication, automobile, consumer electronics, industry and other fields

With the development of downstream industry and the progress of connector industry itself, connector has become a bridge for the stable flow of energy and information in equipment, and the overall market scale has basically maintained a stable growth trend. According to bishop & Associate, in 2018, the global connector market reached 66.7 billion US dollars, an increase of 11% compared with 2017, maintaining double-digit growth rate for two consecutive years, and the compound growth rate since 2012 is about 5%.

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ata source: collected by prospective industry research institute

2. China's connector market scale ranks first in the world




According to bishop & Associate, in 2018, the connector Market in China was US $20.9 billion, up 9.42% year-on-year, accounting for 31.4% of the global market share, making it the largest connector Market in the world. Connector, as the basic component to realize informatization, benefits from the continuous expansion of informatization construction investment. From 2010 to 2018, the connector market scale in China increased from US $10.833 billion to US $20.9 billion, with an annual compound growth rate of 8.56%, significantly higher than the global growth rate of 4.8% in the same period.
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Data source: collected by prospective industry research institute

Market size statistics of connector industry in China in 2010-2018

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3. The composite growth rate of China's military connector is up to 10.8%




Military connector is an essential component of reconnaissance aircraft, missiles, smart bombs and other new high-performance weapons and equipment, mainly used in aviation, aerospace, weapons, ships, electronics and other high-tech fields. According to the data of China industrial information network, it is estimated that China's expenditure on national defense informatization will increase to 251.3 billion yuan in 2025, accounting for more than 40% of the expenditure on national defense equipment in that year, and the expenditure on national defense informatization will increase significantly.




In 2010, the market size of China's military connector is only 4.016 billion yuan, and it is estimated that the market size of China's military connector will reach 12.4 billion yuan by 2020, with a compound annual growth rate of 10.8% since 2010. With the continuous improvement of military informatization and the acceleration of military modernization, the demand for a large number of new equipment will increase, and the market scale of military connector is expected to continue to expand.
Market size statistics and forecast of China's military connector industry in 2010-2020

4. 5g construction period has come, and communication connector market space is considerable




According to data released by Bishop & Associates in 2019, the value of connectors used in communication and data transmission accounts for 22% of the whole connector market, slightly lower than that of the automobile industry, ranking the second in all downstream applications. Connector is an important part of communication equipment, and its value accounts for about 3-5% in general communication equipment, while it accounts for more than 10% in some large equipment. Mobile communication base station, base station controller, mobile switching network and joint support node all need a large number of connectors with different specifications and functions, such as RF connector, Power Connector, backplane connector, I / O connector, Pcb Connector, etc.




The Ministry of industry and information technology has officially issued 5g commercial license. In 2019, the three major operators are expected to invest 32.2-34.2 billion yuan in 5g construction. According to the forecast of the prospective industry research institute, in 2020, the number of Zhonghong station and small station will reach 4.75 million and 9.5 million respectively, the total number of which will be 3-4 times that of 4G base station. Therefore, the total market size of 5g industry in China is expected to reach 1.15 trillion yuan, nearly 50% higher than that of 4G industry. According to 5% prediction of 5g overall scale, the market space of 5g communication connector will reach 57.5 billion yuan in 2020.

Summary of important 5g planning documents and time in China in 2016-2019

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Prediction of market size of 5g industry and communication connector in China in 2020

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