Intelligent Electric's "Rampage" Brings New Opportunities to the Automotive Connector Industry, Opening a Breakthrough Path


In the era of the Internet of Things, people, data, and things have become more diverse and three-dimensional due to connectivity, and the same applies to cars. As a fundamental component of automobiles, connectors serve as bridges for current or signal transmission between electronic system devices. The electrification and intelligence of automobiles have led to technological changes in the field of connectors, and the competition between domestic and foreign manufacturers on the new track is becoming increasingly fierce.
Recently, the Wuhan Engineering Center of Anbofu Connector System was officially completed and put into use, becoming another milestone event for this automotive component supplier to deeply cultivate the Chinese market and continuously promote localization strategy, and also bringing automotive connectors into people's vision.
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It is understood that as a widely used electronic engineering technology in the automotive field, automotive connectors transmit current or optical signals between devices, components, devices, and subsystems, building a "communication" bridge between blocked or isolated circuits, thereby allowing current to flow and enabling various electrical components to achieve their respective functions. It can be said that connectors are not only essential for traditional cars, but also essential for smart cars.
Sensors are like the eyes and ears of a car, controllers are like the brain of a car, actuators are like the limbs of a car, and signals and currents need to be transmitted between them. Connectors are the connecting components for signal and power transmission between car sensors, controllers, and actuators, and achieve rapid assembly of the entire vehicle's electrical appliances through rapid plugging and unplugging. Tianhai Automotive Electronics Group Co., Ltd. (hereinafter referred to as "Tianhai Automotive Electronics Group Co., Ltd.") Guo Desui, President of Tianhai Electronics, introduced to reporters.
Currently, automobiles are one of the more widely used fields for connector products. According to data from Bishop&Associates, the global connector industry scale in 2021 was $73.6 billion (approximately RMB 474.8 billion), with the top five application fields being communication, automotive, industrial, communication, and rail transit, with market shares of 24%, 22%, 13%, 13%, and 7% respectively. Communication connectors and automotive connectors are the two major application markets for connectors that go hand in hand. In 2021, the global automotive connector market size increased to $17.08 billion, with a year-on-year growth rate higher than the total global connector size growth rate during the same period. It is expected that the global and domestic automotive connector market size can reach $19.452 billion and $4.468 billion respectively by 2025.
The automotive industry is undergoing a dual transformation, integration, and reconstruction of technology and business models. The trend of electrification and intelligence is driving the accelerated development of the automotive industry, and new energy vehicles represent the development trend of energy conservation, environmental protection, autonomous driving, and intelligent interconnection, which is also in line with the current international community's concerns about energy scarcity and environmental pollution. With the increasing penetration rate of new energy vehicles and the continuous improvement of the level of automotive electronics and intelligence As a necessity in automobile manufacturing, the market demand for connectors is also showing an upward trend. Especially in new energy vehicles, the demand for miniaturized low-voltage connectors, high-voltage connectors, and high-speed connectors is rapidly increasing, and will usher in broad development space.
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