The Growth Force for Automotive Connector Market

In recent years, with the increasingly high demand for vehicle safety, environmental protection, comfort and intelligence, the application of electronic product in vehicle grows. For the high-speed growing automotive connector market, internet, safety, environmental protection, these three major needs become the main driving force.

A vehicle usually needs nearly one hundred connectors; the quantity used in a single vehicle reaches up to a few hundred. Recently, with consumers posing mounting high demand for vehicle safety, environmental protection, comfort and intelligence, automotive electronic products increasingly enlarge its application, such as car audio systems, car navigation systems, airbags, ABS system, in-car cable networks all contribute to the ongoing growth of automotive connector market demand.

“Despite the soft global economy, automotive connector segment shows higher-than-automotive-market growth. Currently, European automotive market suffered the impact from the debt crisis; U.S. auto market has been basically come back with sales in 2012 at about 13 million; Asian auto market continues to raise size, with China accounting for the largest shares, reaching 20 million. Overall, economic situation have a much larger impact on the entire vehicle than connector. With customers enhancing automotive electronics, 2013 will see continuous expansion of connector market. At present, Chinese vehicle connector achieved sales of 8 billion yuan; the compound annual growth rate in the next five years will be around 10%, higher than the whole vehicle market as well as the worldwide automotive connector market,” said, Yang Xiaoming, the general manager of f Delphi Connection Systems in Asia-Pacific region.

Lenny Electric Company also pointed out that the increase of vehicle comfort of entertainment features will lead to the augment of automotive connector. Due to the constant expansion of automotive connector, high-speed data transmission features growingly out-stand its importance. Some vehicle models install cameras on the reversing mirror, enabling driver to own broader vision, which requires connector to transfer more data. Sometimes, there also needs a connector to solve the problem of simultaneous transmission of GPS signals and broadcast signals, so the data transmission capacity needs to rise. Telematics promotes the development of connector market. To make driving more comfortable, information more open, more connectors are needed.

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