What drives the sales of power connectors

What drives the sales of power connectors

2019-01-23 13:14:00

      

In recent years, the major industries that drive the sales growth of power connectors are 5G communication, electric vehicle and 4.0 of industry, which is a rare market opportunity for connector sales research and development enterprises.

For consumers, the power connector may be a strange product, but it is one of the most commonly used products by electronic engineers. Connector is an indispensable device in most electronic products. It is responsible for transmitting current, voltage or optical signals. Its application is very broad. It has been applied in aerospace, automobile, industry, 3C, medical and other industries. According to relevant statistics, the global connector market will be 53.5 billion US dollars in 2016. Driven by 5G data communication, automobile, industry and other industries, the global connector market demand will keep growing. It is estimated that the global connector market will reach 60 billion US dollars in 2020. As China has developed into the world's largest connector market.

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