Chinese automotive connector market gains momentum

Backed by strong demand from growing economies worldwide (Asia driven by China and India), Eastern Europe and Latin America, the market for electronic connectors is poised to experience significant growth through the next five-year period. As technological innovations surface with each passing day, the number of connectors used per device is on a decline while functionality continues to rise. The market maintained its growth momentum despite rising commodity prices, high-energy costs and weak growth in developed economies.