Auto Cable Connectors 1J0 973 802 , 3.5mm Automotive Waterproof Electrical Connectors

Product Description

At present, global automotive connectors take up around 15% that of connector industry, and they are likely to take up even larger proportion in the future due to the driving of electric automotive products.

In terms of product cost structure, the cost of a connector usesd by automobiles on China is only several hundred Yuan on average; compared with the average cost of a foreign automotive connector, of which the cost of each on average is from 125 dollars to 150 dollars, Chinese automotive connector market still has great development potential. In the future, each automobile will use 600 to 1000 electric connectors, the number will be far more than that of the present situation.

China is likely to become an important production base of global automotive connectors in the future. Except for present first-tier famous international large enterprises, other enterprises that have not established factories in China will gradually set up production sites in China to provide the locality with automotive components needed by car firms due to influence of increasing demand of locality, localization purchase and cost advantages, etc.

Therefore, Chinese automotive connector industry will be a market in which foreign funded enterprises and Chinese domestic enterprises compete fiercely in the future! And China will become an important country in producing automotive connectors with the development of foreign funded enterprises and Chinese domestic enterprises.