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Technology of terminal blocks and developing trend of the market
Add Time:2022/03/14 

The global market for terminal block connectors are still great. In 2010,the connectors output reach 46.8 billion, the market size reach 51.5 billion yuan, an average annual growth rate of 17% and 15% for each.Obviously,terminal blocks have a big market even  though there is a financial crisis.At the same time, Asia has become the most potential market for terminal block connectors.Global Industry report show that Asian market will reach $64billion,and China will become the global connector growth the fastest and the maximum capacity of the market by 2010,Chinese connector market capacity reached 257 million yuan RMB, Chinese connector market growth rate will continue to exceed the global average in the future.

The development of applications of connector technology put forward new requirements: the high-speed signal transmission, digital and integrated; the small size of the volume of the product, narrow space, multi function; plug convenient and module combination; products of low cost. As the continued downturn in foreign markets in the past two years,foreign connector manufacturers begin to step up the layout in China, which accelerate the development of China's connector market. Connector application areas continue to expand, the medical application is expected to be among the top five. Statistical data show that the global connector sales ranked top five application areas are: cars, computers and peripherals, communications, industrial equipment and aerospace and the military, and the largest increase of the top five application is consumer electronics, transportation, electronics, medical electronics, communications, electronics, computers and peripherals. Therefore, the medical electronics will become a new growth point of the application of connectors. Insiders predicted that by 2012, the medical field of the connector market will reach $3 billion.

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