Recently, connector enterprise Ruikeda successfully listed, Kaiwang electronics first meeting. China is the world's largest connector market, the listing of domestic connector enterprises can be seen that the Chinese market to promote the domestic connector industry, the development prospects of domestic connector enterprises can be seen.

　　In recent years, thanks to the continuous development of new energy vehicles, artificial intelligence, consumer electronics and other industries, the market demand for connectors is increasing, and the scale of the global connector market is gradually expanding. Data show that the global market size of connectors in 2011 was 48.923 billion US dollars, and grew to 62.727 billion US dollars in 2020, with a compound annual growth rate of 2.80%, and is expected to 2023, the global connector market size will exceed 90 billion US dollars.

　　In 2020, in the global connector market, China's sales share exceeded North America, Europe and other regions, reaching 32.18%, becoming the world's largest connector market. It is reported that from 2011 to 2020, the size of China's connector market grew from 11.296 billion US dollars to 20.184 billion US dollars, with a compound annual growth rate of 6.66%, significantly higher than the global average.

　　Last month, Suzhou Recoda Connection System Co., LTD. (" Recoda "for short) was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. Recoda is a high-tech enterprise focusing on the manufacturing of connection system products, specializing in the research and development, production and sales of photoelectric connectors, sensors, wiring harness, charging equipment, mechanical and electrical equipment and other connection system products, is the domestic leading integrated solution provider of connection system products.

　　At present, domestic connector enterprises have made major breakthroughs in 5G communication, new energy vehicles, consumer electronics and other fields, occupying a large market share. Rekta has made innovative breakthroughs in communication and new energy vehicles. In the field of communication, Recoda has developed photoelectric module integrated connectors for wireless base stations, standing at the forefront of technology research and development, and launched a variety of board-to-board connectors, providing a powerful power for the field of communication. In the field of new energy vehicles, Rekda launched the electrical connector, which successfully solved the technical problem of the electrical replacement of the whole vehicle of new energy vehicles. With its own technology and the strength of innovation and research and development, Rekda became the connector product supplier of T Company and NIO.

In addition, in the shenzhen Stock Exchange gem municipal Party Committee held the 36th deliberation meeting in 2021, henan Kaiwang Electronic Technology Co., LTD., a leading enterprise in wiring harness, successfully passed the IPO meeting. Kaiwang technology is a high-tech enterprise focusing on the research and development, production and sales of electronic precision cable connection components. The success of Kaiwang Technology means that the connector industry will add another listed company!

　　In the past year, there are 5 domestic connector enterprises listed successfully, the domestic connector enterprises listed one after another, we can see the continuous expansion of the Chinese connector market to promote the industry. With the electronic manufacturing industry's center of gravity gradually transferred to the Chinese mainland, the domestic electronic manufacturing industry has obtained a broad space for development, widely used in a variety of products in the connector market scale has also been expanded, domestic connector enterprises began to rise.

In addition to the increasing number of listed enterprises, the manufacturing level of domestic connectors has gradually moved closer to foreign leading enterprises, toward a more high-end, more sophisticated direction. As the largest connector market, China has brought huge demand for connector and broad development space for domestic connector industry. With the synchronous improvement of domestic connector manufacturing level, domestic connector enterprises usher in significant development opportunities, prospects can be seen.