There are many types of connectors, and many industries can also use connectors. By industry, connector products are mainly used in automotive, communications, consumer electronics, military, industrial and other industries. The growth of downstream industry demand for connector products, industrial scale and technological innovation is one of the main factors driving the growth of connector market.

In these industries, the demand for automotive connector products accounts for the first place, accounting for about 20 percent of the global connector market, followed by the demand for connector products in the communications industry. With the increase of intelligent automobile electronization, and the layout of 4G and 5G networks, automobiles and communication connectors will still have great space for development. In the field of consumer electronics, with the development of wearable devices and breakthroughs in VR/AR technology, the scale of future connectors will also be considerable.

According to the technical characteristics of the connector, the connector can be divided into application type and standard type. Application connectors mainly include automotive connectors and military connectors. Application connectors should be customized according to requirements, which requires strong design ability for connector manufacturers. On the other hand, in the military industry customized connector products, are high-end small batch, and the production scale of the automobile connector is slightly higher than the military industry, but the requirements for quality and design have not been reduced. For application-oriented connector products, rapid design, large-scale and high-quality production are its core competitiveness.

In another category of market share is the standard connector products. Standard connector technology is not demanding, the design is fixed, a type of connector product can often be used in multiple places, and last for many years. The main competition point of the standard connector is the cost control and quality control under the mass production, so the standard connector manufacturers mainly compete with the production line capacity output and quality management.