Development Trend of China's Auto Connector Industry

Currently, the global automotive connectors accounted for about 15% of the connector industry, the future is expected to account for a large proportion in the lead of car electronic products. In terms of the product cost structure, the average cost of connector in per vehicle in China is only a few hundred RMB, compared with the foreign vehicle connector cost of about $ 125 to $ 150, Chinese automotive connector market has the great developing potential. Every car will use 600-1,000 electronic connection in the future, and the number is far greater than today's.

China will be expected to become a global automotive connector production base in the future. In addition to the existing line of well-known international companies, other manufacturers that have not yet set up factories in China will gradually establish a production base to serve their local auto parts manufacturers. Due to the affecting factors of constantly improved local demand, local sourcing and cost advantages, etc.

Therefore, China's auto connector industry will be a very competitive market for foreign and Chinese companies! China will become one of the major car producing countries with the development of the foreign and local enterprises, and which enterprises will dominate the China's auto connector market?