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Analysis of the development status of the electronic wire harness industry

Categorization:Product Information       

Specializing in the sales of: Connectors | Wire Harness | Cable Products

There are thousands of wire harness manufacturers in China, with low production concentration. The market is also constantly emerging new wiring harness manufacturers, but most of the wiring harness manufacturers lack certain technical strength, service system network and development direction. In contrast, Europe and the United States and other developed wiring harness industry, after hundreds of years of development, in the process of economic integration in the two-tier differentiation is obvious, the market concentration is relatively high, the formation of the internationally renowned wiring harness brand, and occupies the vast majority of the local wiring harness market share of sales. Compared with mature foreign enterprises, there is still a certain gap between domestic wiring harness enterprises and foreign enterprises, and they need to further improve their independent research and development capabilities, production processes, brand image, integration capabilities and other aspects. As of December 31, 2020, Ampofo, Tyco Electronics and other overseas wiring harnesses listed companies have more than 100 billion yuan in total assets, annual sales of more than 80 billion yuan, with a large gap between domestic enterprises. With China's electronic wire harness industry for many years of independent development and supporting the accumulation of experience, product quality is more reliable, the level of service is more perfect. The industry has fostered a small number of synchronized development and design capabilities and large-scale wire harness enterprises.

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