Connectors are important electronic components that are indispensable for electrical connection or data signal transmission among system software or complete circuit modules. They have been widely used in military, communications, automotive, consumer electronics, industrial production and other industries. So what is the development of connectors in China this year? Let us analyze it.
With the development of the downstream industry and the connector industry chain itself, connectors have already become a dynamic commodity and smooth information flow in machinery and equipment. The overall market scale has maintained a steady growth trend. According to Bishop & Associate's statistical analysis, the global connector market size in 2018 reached US $ 66.7 billion, an increase of 11% compared with 2017, and maintained a double-digit annual growth rate for 2 years. And since 2012, the compound growth rate is about 5%.
1. China's connector market ranks first in the world
According to Bishop & Associate information, the size of the Chinese mainland connector market in 2018 was US $ 20.9 billion, a year-on-year growth rate of 9.42%, accounting for 31.4% of the world's market share, and it is the world's largest connector sales market. Connectors are components that realize informatization, benefiting from the continuous development of investment in informatization capital construction. From 2010 to 2018, the size of China's connector market increased from 10.833 billion US dollars to 20.09 billion US dollars, with a compound growth rate of 8.56%. Higher than the world's current growth rate of 4.8%.
2.The growth rate of military connector composites in China is 10.8%
Military connectors are necessary electronic components for new-performance weapons such as reconnaissance aircraft, cruise missiles, and intelligent time bombs. They are mainly used in high-tech industries such as airlines, weapons, ships, and electronic devices. According to the information statistics of the information network, it is estimated that China's defense informatization expenditure will increase to 251.3 billion yuan in 2025, accounting for more than 40% of the original defense security weapons and equipment spending, and the defense security informatization expenditure will increase significantly.
In 2010, the size of China's military connector market was only 4.016 billion yuan. It is estimated that the market size of China's military connector market will reach 12.4 billion yuan next year, and the compound growth rate since 2010 is 10.8%. With the continuous improvement of the army's informatization level and the acceleration of the intelligent infrastructure of the army, the requirements for many new weapons and equipment will eventually increase, and the military connector market will soon expand.
3. The 5G development cycle has come, and the market for communication connector sales is huge.
According to statistics released by Bishop & Associates in 2019, the value of common connectors used in the communications and transmission data industries accounts for 22% of the total connector sales market, slightly lower than the automotive manufacturing industry. Connectors are the key components of communication equipment. The share of use value in general communication equipment is about 3-5%, and the share of use value in large equipment exceeds 10%. Communication base stations, communication base station controllers, etc. must use many connectors with different specifications and models and functions.
The Ministry of Industry and Information Technology has officially issued a 5G commercial license. The 5G construction of the three major operators in 2019 is expected to invest 322-34.2 billion yuan. According to the Prospective Industry Research Institute's forecast, in 2020, the number of macro stations in 5G construction will reach 4.75 million and the number of small stations will reach 9.5 million. The total number will be 3-4 times that of 4G base stations. Therefore, the overall market of 5G industry in China is expected The scale will reach 1.15 trillion yuan, an increase of nearly 50% over the overall market size of the 4G industry. According to the 5% forecast of the overall scale of 5G, the market space for 5G communication connectors in 2020 will reach 57.5 billion yuan.
The Ministry of Industry and Information Technology of the People's Republic of China has already announced a 5G commercial license. In 2019, the three major operators' estimated 5G capital construction investment is 322-34.2 billion yuan. According to the data analysis, it is estimated that the number of macro stations in the 5G basic construction next year will reach 4.75 million and the number of small stations will reach 9.5 million. The cumulative total will be 3-4 times that of 4G communication base stations, so the overall market of China's 5G industry chain is estimated. The scale will exceed 1.15 trillion yuan, which is nearly 50% higher than the overall market size of the 4G industry chain. According to a 5% forecast analysis of the overall 5G operating scale, the sales market space for 5G communication connectors will reach 57.5 billion yuan next year.
Connectors are very important to us. According to data analysis, the development of Chinese connectors will become better and better in the future. Let us stay tuned!