Chinese Cable Connector Market: Industry Analysis and Forecast (2024-2030) by Product, Type, Vertical and, Region

Chinese Cable Connector Market Overview:

 

Hundreds of different cable connector combinations are developed every day for power and data transmission devices, as well as other consumer gadgets. The growth of the cable connector market in developing nations like India and China has been spurred by the rise of broadband Wi-Fi in the previous decade. Twisted pair cables are the most extensively used type of cable connector.

 

Since 2017, China's cable connector sector has grown at a considerably faster rate than the rest of the world. As the global manufacturing industry shifts to China, the production focus of global cable connector players shifts as well. China is expected to surpass the United States as the world's top cable connector manufacturer in 2027. The total quality of connector production in China has significantly increased, and the cable connector market has grown in size year after year. In the global cable connector market, China has emerged as the region with the highest franchising potential and the fastest growth.

 

 

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Chinese Cable Connector Market Dynamics:

 

5G communication sector in China is quickly evolving and is expected to hold a significant share of the Chinese cable connector market in 2030.

 

China is putting up significant effort to develop a 5G network. Many telecom equipment manufacturers have invested in and tested 5G, implying that China has a relatively complete industrial chain. Huawei, Datang, Hisense, Ericsson, Motorola Shanghai Bell, and other domestic and foreign telecom equipment manufacturers have launched commercial or non-commercial products. Network optimization, testing equipment, and network management software followed by core network, optical fiber and cable, distribution equipment, and network access equipment are some of the systems in which the Chinese cable connector market has favorable growth opportunities in the forecast period (2024-30). The rise of 5G has increased the demand for cable connectors significantly in the Chinese market. High-end coaxial Radio Frequency connectors, optical fiber cable connectors, and board-to-board cable connectors are in high demand.

 

The high demand for smartphones, tablets  and laptops in China is expected to drive the growth of Flexible Printed Cable Connectors (FPCs)

 

FPCs offer a large market potential in the context of pursuing light, thin, short, and tiny electronic product designs. Various high-tech electronic items, such as digital cameras,  automotive satellite orientation devices, LED TVs, notebook PCs, and other communication areas, have utilized this technology in considerable quantities in recent years.

 

Chinese Cable Connector Market Segment Analysis:

 

By Type, PCB and IO connector segments are expected to grow at the highest CAGR of 7.3% and 6.5% respectively in the forecast period (2024-30).

 

According to Bishop & Associates report released in 2023, the value of cable connectors used in communication and data transmission accounts for 22% of the overall Chinese cable connector market, slightly lower than the automobile industry, and ranks 2nd in all downstream applications. Cable Connectors are a significant component of communication equipment, with their value ranging from 3 to 5 % in conventional communication equipment to more than 12.5% in particularly large equipment. A large number of cable connectors with various specifications and functions are required by mobile communication base stations, base station controlling systems, mobile switching network systems such as Radio Frequency cable connectors, Power cable connectors, I/O connectors, PCB  connectors etc.

 

 

By Vertical, the Automotive segment is expected to register the highest growth in the Chinese cable connector market in the aforementioned forecast period.

 

The growing desire for increased safety, convenience, and comfort, as well as the growing volume of vehicle production, are expected to drive demand for automotive cable connectors in the Chinese market. Due to rising environmental concerns, rising fossil fuel prices, and severe government pollution laws, the electric vehicle sub-segment has emerged as the fastest growing area of the automotive cable connector segment. The automotive cable connector segment is expected to grow in response to the growing popularity of electric vehicles, which use far more electronic components than conventional vehicles. Cable connector manufacturing for EVs must be done by wire and cable manufacturers, as developing wire-manufacturing processes in-house would be prohibitively expensive for carmakers.

 

 

Chinese Cable Connector Market Regional Insights:

 

The purpose of this research is to provide stakeholders in the industry with a thorough insight into the Chinese Cable Connector Market. The study includes an analysis of difficult data in simple language, as well as the industry's historical and current state, as well as anticipated market size and trends. The market report examines all segments of the industry, with a focus on significant players such as market leaders, followers, and new entrants. The report includes a PORTER, PESTEL analysis as well as the possible influence of microeconomic market determinants. External and internal elements that are expected to have a favorable or negative impact on the firm have been examined, providing decision-makers with a clear future vision of the industry. The research also aids in comprehending the Chinese Cable Connector Market dynamics and structure by studying market segments and forecasting market size. The research is an investor's guide since it depicts the competitive analysis of major competitors in the Chinese Cable Connector Market by product, price, financial situation, product portfolio, growth plans, and geographical presence.

 

Major breakthroughs in the cable connector industry are discussed, as well as organic and inorganic growth plans. Various companies are focusing on organic growth strategies such as new product releases, product approvals, and other items such as patents and events. Inorganic growth strategies used in the industry included acquisitions, partnerships, and collaborations.

 

Chinese Cable Connector Market Scope:

 

Chinese Cable Connector Market
Market Size in 2023	US 6.80 Bn.
Market Size in 2030	USD 15.52 Bn.
CAGR (2024-2030)	12 %
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By Type PCB Connectors Circular
	By  Verticle IT & Telecommunication Automotive

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Chinese Cable Connector Market Players

• Huawei Technologies Co. Ltd
• Luxshare
• Shenzhen Starway Electronic Co.,Ltd.
• Cixi Gaofeng Electronic Technology CO.,LTD
• Shenzhen Degen Technology Co., Ltd.
• Zhenjiang BRD Electronics Co., Ltd.
• Dianguang Explosion-Proof Technology Co., Ltd.
• ShenZhen Hong Zheng Xiang Co.,Ltd
• Yason Electronics Technology Co., Ltd