The China Connector Market

China consumed $7,022 million worth of connectors in 2007, surpassing Japan’s connector consumption of $6,740 million for the first time. By 2012, China will consume $13,143 million worth of connectors, or approximately 22 percent of the $60.8 billion world market.

The following chart clearly shows that China has been, and is forecast to be, the growth engine for the connector industry:

World Connector Market

Since 2002, China has achieved an average annual growth rate of 26.1 percent, more than double the industry growth of 10.9 percent during this period. In the next five years, China will grow an average of 13.4 percent per year, again nearly doubling industry growth of 7.3 percent. 

2007
China Connector Consumption
By Market Sector

By 2012, the automotive and consumer market sectors will be $1 billion connector markets.

Bishop & Associates have identified more than 100 connector companies of Chinese origin. Not one has achieved top 30 status. However, they are learning and growing fast, and we believe several will become significant competitors within the next five years.

The following table identifies the top 10 connector companies in China and their share of the Chinese market. 

Top 10 Connector Companies
in China

Bishop & Associates has completed a 200-page research report on China, providing statistics on China’s markets, products, and connector companies. Profiles on more than 70 China-based connector companies are in the report. For more information, visit www.connectorindustry.com.