Analysis On The Possibility Of My Country's Cable Terminal Block Enterprises Gaining Industry Leadership--analysis On The Gap Between Domestic And Foreign Terminal Industries
The gap between my country's connector cable lugs manufacturing technology and international leading companies is narrowing
According to customs data, in 2020, the total import and export volume of China's connector wire lugs manufacturing was US$4.739 billion, of which exports were US$3.592 billion, a year-on-year increase of 14.78%; imports were US$1.147 billion, a year-on-year decrease of 13.89%; and a trade surplus of US$2.445 billion was achieved. From 2017 to 2020, the trade surplus of China's connector manufacturing industry continued to expand, mainly because the electronics manufacturing industry continued to shift to China, and domestic large-scale connector manufacturers introduced high-precision R&D and production equipment, established a high-level R&D team, narrowed the technological gap with international leading companies, and significantly strengthened their competitive strength.
electrical lugs The future development prospects of the connector industry are promising
terminal lugs Connectors are widely used downstream. copper lugs A connector is a functional component that uses electrical signals or optical signals and mechanical forces to connect, disconnect or convert circuits or optical channels. The upstream market of the industry is the raw material market, which is mainly divided into metal raw materials and non-metal raw materials. The midstream is the connector manufacturing industry, where manufacturing companies produce finished connectors. Optoelectronic connectors must be used wherever optical signal connections are required. As one of the basic components necessary for the electrical connection of the entire circuit system, the downstream covers almost all electronic industry fields, including aviation, aerospace, military equipment, communications, computers, automobiles, industry, and household appliances.
1. The downstream industry market has a good prospect, which promotes the continuous development of related connector sub-industries.
Benefiting from the further acceleration of my country's mobile communication network construction, the continuous increase in the proportion of automotive electronics, and the increasing popularity of new energy vehicles, communication connectors and automotive connectors will usher in a new round of rapid growth.
2. With the support of national industrial policies, electronic components are listed as key development industries.
Aluminum Cable Lug connectors belong to the electronic components sub-industry, and the electronic components industry belongs to the key industry supported and encouraged by national policies. Many national policies such as the Outline of the National Innovation-Driven Development Strategy and the Development Plan of the National Strategic Emerging Industries during the 13th Five-Year Plan have listed electronic components as key development industries.
3. International industrial transfer brings opportunities for the development of my country's connector sub-industry.
The gap between the R&D capabilities of some connector companies and international giants is gradually narrowing, and they have greater local advantages in terms of cost, response speed, and proximity to customers. In recent years, for cost control and market proximity, international connector giants have begun to cooperate with domestic connector companies with higher precision manufacturing capabilities and fast response speeds on some cutting-edge products, which have objectively promoted the development of my country's connector industry.
Today, our comprehensive national strength is incomparable to that of a hundred years ago. All walks of life have entered a rapid development track, and Compression Cable Lug row connectors are also in a state of flourishing. As long as we seize the opportunity and focus on high quality, innovation, and combining theory with practice, I believe that we can keep pace with international high-end companies in the near future.
