ON THIS PAGE
-
Connector Product Innovations Keep Emerging! Industry Leaders TE, Molex, Amphenol, Phoenix, and Hirose Gather at 2025 electronica China
Press Release
Connector Product Innovations Keep Emerging! Industry Leaders TE, Molex, Amphenol, Phoenix, and Hirose Gather at 2025 electronica China
Dec 09,2024
In recent years, the connector industry in China has received significant attention from various levels of government and key support from national industrial policies. The central government has introduced several policies to encourage the development and innovation of the connector industry. Policies such as the Implementation Opinions on Enhancing Manufacturing Reliability, the Outline to Improve Quality of Development, and the Guiding Opinions of the Ministry of Industry and Information Technology and Other Five Departments on Promoting the Development of the Energy Electronics Industry provide clear and broad market prospects for the connector sector and create a favorable production and operational environment for enterprises.
①Global Market Size
According to the "Analysis and Development Report of China's Connector Industry 2024-2029" released by ASCOM Research Institute, the global connector market size will be about USD 81.9 billion in 2023, a decrease of 2.62% over the previous year. With the recovery of the global economy and the continuous application of emerging technologies, the global connector market will usher in a broader development space. Analysts from ASIC predict that the scale of the global connector market will reach USD 85 billion by 2024.
②Chinese Markets Size
In recent years, the connector market has shown an overall growth trend. The rapid development of downstream industries such as consumer electronics, new energy vehicles, communications and industrial control provides a broad market space for the connector market. According to the Report on Analysis and Development Forecast of China's Connector Industry in 2024-2029 released by ACSCOM Research Institute, due to pressure from the growth of downstream industries, the overall market size of China's connector industry will show a slight year-on-year decline in 2023, reaching about RMB 178 billion. Projections from analysts at AskCI Consulting Co., Ltd. anticipate that China's annual connector market size will reach RMB 205.7 billion in 2023 and RMB 218.3 billion in 2024.
③Application Fields
As one of the critical components in the electronic information industry, connectors are widely used in sectors such as communication, automobiles, consumer electronics, industry, transportation, and defense. In terms of downstream application proportions, communication and automobiles are the most important application areas of connectors, accounting for 23.47% and 21.86% respectively in 2022; followed by consumer electronics and industry, accounting for 13.13% and 12.80% respectively; transportation and defense applications had smaller proportions, at 6.96% and 5.98%.
*Image and text sources | Organized by Bishop & Associates and AskCI Consulting Co., Ltd.
Connector-themed Exhibition Area
The electronica China will be held from April 15 to 17, 2025 in halls N1–N5 and W3–W5 of the Shanghai New International Expo Centre (SNIEC). The event will feature a dedicated Connector-themed Exhibition Area. The area will gather quality connector enterprises from around the world to display industry technology applications, discuss industry development, and serve as a bridge for communication between relevant exhibitors and visitors in need. To align with industry development, the event will also host an International Connector Innovation Forum concurrently, inviting a number of industry experts for in-depth analysis and discussions aimed at strengthening sci-tech innovation.
Part of Exhibitors in Connector-themed Exhibiton Area:
(In random order)
Layout of Connector-themed Exhibition Area: