Market size volume of about $52.65 billion in 2022
According to the data released by Bishop&Associate, a global connector industry research organization, the market size of the global industrial connector industry is fluctuating and growing with the addition of factors such as 5G, industrial automation, and the rise of new energy vehicles. In 2022, the global industrial connector industry market size volume of about 52.65 billion U.S. dollars.
China's market size accounts for the largest
According to the data published by Bishop&Associates in 2022, China's connector market size in 2021 is $24.978 billion, accounting for 32% of the world's market share, is the world's largest market for connector sales,. Followed by the United States, the connector market size is $16.484 billion, accounting for 21% of the world's total size share.
Rapid decline in the number of business registrations in recent years
According to the global enterprise database query, there are currently 42,353 major active enterprises in the industrial connector industry ****, of which 2014 to 2017 is the main registration boom, of which the largest number of registered enterprises in 2016, 1,908. Since 2017, the market has begun to cool down, with a sharp decline in registrations in 2018, shrinking by 45%, followed by continued declines in both 2020 and 2021.
U.S. firms strongest overall
According to the list published by Bishop & Associates, a research firm specializing in connectors globally, Bishop & Associates had researched more than 750 connector makers over the past decade. Over time, however, many of the small and medium-sized companies have been acquired by larger firms, and those in the U.S., the established giants, are highly focused on product offerings or supporting niche markets, applications or specific regions.
Two of the top 10 global electronic connector manufacturers in 2018 were from China, compared with four from the U.S. and three from Japan.The regional structure of companies in the top 10 global electronic connector manufacturers in 2019 has not changed, but it is worth noting that Lixin Precision has risen from No. 8 for in 2018 to No. 6 in 2019.2020 Global Electronic Connectors Manufacturers of the top ten enterprises, the United States and Japan, four each, two China, China's Luxun Precision rose from the 6th place in 2016 to the 4th place. 2021 rankings and 2020 rankings will be more than, in addition to Germany's Rosenberg rose to 9th place instead of the 2020 day pressure terminal, the rest of the enterprise rankings are unchanged.
While the overall view of the global industrial connector market is still Tyco, Amphenol and Moss three giants "tripod", but from different segments, some manufacturers may rely on their own in a particular area of rich technology and customer accumulation than the three giants of the strength of the three giants, such as transportation equipment connector Transportation equipment connectors, such as the field of Ampofo.
For more research and analysis of this industry, please refer to "China Industrial Connector Industry Market Outlook and Investment Strategy Planning Analysis Report" by Prospect Industry Research Institute.