The biggest market of connector mold parts is automobile and communication industry. With the popularization and promotion of 5G and new energy vehicles, the connector market will be injected with new growth impetus.
According to the data analysis, the overall connector market, both global and domestic, has maintained a growth trend in recent years. According to Bishop Assiciate, the global and Chinese connector markets will exceed $90 billion and $30 billion respectively by 2023. China is the world's largest connector consumer, market size is firmly ranked first in the world. According to Bishop&Associate, the Connector market in China was $20.9 billion in 2018, accounting for 31.4% of the global market.
Connectors are an important part of communication equipment. Mobile communication base station, base station controller, mobile switching network and joint support node all use connectors of different specifications and functions, such as rf connector, power connector, backplane connector, input/output connector, printed circuit board connector, etc. According to data published by Bishop&Associates in 2019, connectors used in communications and data transfer account for 22% of the total connector market.
Connector mold accessories and connectors are complementary, complementary. We are looking forward to a greater development opportunity for dongguan local connector mold parts manufacturer-Dongguan Tengzhan Precision Mould Manufacturing Co., LTD
