Driven by emerging industries like 5G communications and new energy vehicles, China's connector industry is accelerating its transformation toward high-end manufacturing. Leading domestic players such as Luxshare Precision, AVIC Optoelectronics, and Everwin Precision are continuously increasing R&D investment, achieving multiple technological breakthroughs in high-speed, high-frequency, and high-voltage connector segments.
According to data from the China Electronic Components Industry Association, the market share of domestic connectors in China reached 42% in 2024, marking a 12-percentage-point increase over the past five years. Domestic connectors have already established a dominant position in the consumer electronics sector, while import substitution is rapidly gaining momentum in the automotive and communications industries.
Industry insiders note that as the technical capabilities of Chinese connector manufacturers continue to improve, the market share of domestic connectors in the high-end segment is expected to exceed 60% within the next 3-5 years.
