Market Outlook for Automotive Connectors

Automotive connector scope of application overview of automotive connectors are widely used in the powertrain, body system, information control system, security system, on-board equipment, etc., the types include circular connectors, RF connectors, FCP connectors, I/O connectors and so on. Automotive category is the largest connector mall, automotive connectors accounted for 23.70% of the global connector industry. In the automobile this connector use the largest plate view, new energy vehicles is the biggest highlight. Restricted by technology, safety, standardization and certification issues, traditional automotive connectors have always been controlled by foreign high-end enterprises, China's connector companies to enter the host plant supporting the traditional automotive category of high barriers. With the rise of new energy vehicles, China's connector enterprises successfully cut into the new energy vehicle industrial chain, such as AVIC photoelectric has been successful supporting Tesla, JAC, BYD and other new energy vehicles.

2, the automobile manufacturing category on the demand for connectors traditional car needs to use the electronic connector types of nearly a hundred kinds, a single model of the connector used to arrive at 600 or so, the primary focus on the use of the engine processing system, security systems, entertainment systems and other aspects. Compared with traditional fuel vehicles, new energy vehicles on the demand for connectors increased significantly. Traditional fuel vehicles single-vehicle use of low-voltage connector value of about 1,000 yuan, and high-pressure connector material costs, as well as shielding, flame retardant requirements and other performance indicators higher than the traditional low-voltage connectors, new energy vehicles single-vehicle use of the value of the connector is much higher than the low-voltage connector. Among them, pure electric passenger car single car connector value of 3,000-5,000 yuan, pure electric commercial vehicle single car connector value range 8,000-10,000 yuan. Following the continuous progress of automotive intelligence, in addition to the original engine processing system and other equipment needs connector data linkage, more advanced in-vehicle entertainment system, intelligent driving system, etc. on the connector demand is more vigorous.3, automotive connector category mall planning analysis global: 2016-2019, the global automotive connector mall planning increased from $12.605 billion to 15.210 billion, with an average annual growth rate of about 4.5%, higher than the growth rate of the total global connector mall planning during the same period. In the global connector mall, automotive connectors accounted for 23.70%, which is the first major application area of connectors. China: 2016-2019, China's automotive connector mall planning from 19.28 billion yuan to 22.72 billion yuan, the average annual growth rate of about 6%, higher than the growth rate of China's total connector mall planning during the same period. 2019 China's connector mall, automotive connectors accounted for 16.9%, is second only to the communication, consumer electronics, the third largest connector application category. Now the global automotive industry is still in the new energy and intelligent transformation, with intelligent electric vehicles as the representative of a new generation of automotive products in the power, control, sensing, safety and other systems using more electronic products, the number of connector demand and quality needs increased significantly, conducive to the automotive connector shopping mall at a high base level to adhere to the trend of sustained development. It is estimated that the global automotive connector mall planning will arrive at 19.452 billion U.S. dollars in 2025, and China's automotive connector mall planning will arrive at 4.468 billion U.S. dollars, and the proportion of China's automotive connectors to the global automotive connector mall planning will be increased from 21.65% to 22.97% in 2019-2025.

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