Demand Aspects:1)Global Connectors:Review 2021Year,As the global economy restarts and a series of economic stimulus measures from various countries overlap,The connector industry is developing rapidly。Expected 2021Annual global connector sales saw a year-on-year increase of 24%~25%,BBvalue(orders/shipment)reaching 1.14,Delivery lead time reaches 13weeks,Industry prosperity hits a new high。Looking ahead to 2022Year,Expected 2022Annual global connector sales saw a year-on-year increase of 7%~8%。2)Automotive connectors:Review 2021Year,Due to the acceleration of automotive electrification and intelligence,China's high-voltage connector and high-speed connector market reaches 66.33Hundred million yuan,Year-on-year increase of 141%.81%。Looking ahead to 2022Year,It is estimated that China's high-voltage connector and high-speed connector market will reach 94.55Hundred million yuan,Year-on-year increase of 43%.55%。Expected 2025In the year, China's high-voltage connector and high-speed connector market will reach 206.120Hundred million yuan,5Annual CAGRWill reach 50%。
Supply side:1)Global Connectors:2019Year,Top 10 global automotive connector manufacturersMainly American and Japanese companies,CR10Reaches 61%。2)Automotive connectors:①2019Year,Top 10 global automotive connector manufacturersMainly American and Japanese companies,Tyco、The combined market share of Yazaki and Aptiv reaches 67%。United States、Japanese and European companies have a market share of 41%.30%.16%。China accounts for 30 of global automotive demand%,But the share of Chinese companies in the automotive connector market is less than 5%,There is a large gap between China's automotive and connector industries and their overseas counterparts。②We estimate 2020In the year, the domestic localization rate of low-voltage connectors is 5%,The localization rate of high-voltage connectors is 25%,The localization rate of high-speed connectors is 5%。
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