With the rapid growth of consumer electronics, automotive electronics, and communication terminal markets and the continuous transfer of global connector production capacity to Asia and China, Asia has become the place with the most development potential in the connector market, and China will become the fastest growing connector in the world and the largest market. It is estimated that the growth rate of China's connector market will continue to exceed the global average level. In the next five years, the average annual growth rate of China's connector market will reach 15%. By 2010, China's connector market capacity will reach 257 billion.
The main supporting fields of electrical connectors include transportation, communication, network, IT, medical care, home appliances, etc. The rapid development of product technology level in supporting fields and the rapid growth of the market are strongly driving the development of connector technology. So far, the connector has developed into a serialized and specialized product with a complete range of products, rich varieties and specifications, various types of structures, subdivisions of professional directions, obvious industry characteristics, and standard system specifications.
On the whole, the development of connector technology presents the following characteristics: high-speed and digital signal transmission, integration of various types of signal transmission, miniaturization of product volume, low cost of products, and table of contact termination methods paste, module combination, convenient plug-in and so on.