Harwin is an internationally renowned brand of high-reliability interconnect technology. Its connector products are widely used in high-end fields such as aerospace, industry, new energy, and communication, known for their excellent durability, innovative design, and high quality. The product line includes PCB针座 series, Datamate, Archer, Flecto (floating connector), and so on. The Flecto series can absorb misalignment and impact through its spring structure, improving the assembly tolerance of board-to-board connections (elastic interconnect).
Market Overview of Connector PricesOverall market growth trend
The global connector market is expected to grow from approximately $74.5 billion in 2025 to approximately $109.2 billion in 2035, with a compound annual growth rate (CAGR) of about 3.9%.
The industrial connector market was approximately 8.7 billion US dollars in 2024, and is expected to grow to 11.6 billion US dollars by 2034, with an annual growth rate of about 2.8%.
These data show that the overall connector industry is in a steady expansion stage, especially driven by electronicization, automation upgrade, electric vehicles, and new infrastructure, the demand is continuously rising, and it will also promote the substitution of domestic products.
Power Connectors section
● The Power Connector Market is expected to reach approximately 6.78 billion US dollars by 2034 from about 4.13 billion US dollars in 2024, with a CAGR of about 5.1%.
Domestic connector price trend and future forecastThe current trend: Domestic connectors have a clear cost advantage, but there is still room for improvement in terms of performance stability, durability, and brand recognition. With the advancement of the domestic substitution strategy, prices are gradually decreasing, and market competitiveness is enhancing.
In the future prediction, it is expected that the price of domestic connectors will maintain a slight downward trend in the next five years, but overall it will tend to stabilize. Especially in high-reliability applications (such as industry, communication, and new energy), performance and quality have become important negotiation points in addition to price.
Driving force: Industrial upgrading, promotion of intelligent manufacturing, and policy support will boost the improvement of domestic connector technology, and domestic products will evolve from cost advantages to a focus on both cost and performance.
Harwin and domestic substitutes: differences and opportunities●Technical Difference: The advanced features provided by Harwin, such as floating connectors (Flecto), strong durability, and EMC shielding design, are the directions for domestic products to learn from and exceed.
●Domestic Opportunities: Domestic enterprises can enter the mid-to-low-end market by focusing on customization, rapid response, and cost optimization, and gradually move towards the high-reliability market.
●Industrial Collaboration: Engage in structural or technical cooperation with brands such as Harwin, quickly enhance the reliability and market trust of domestic products, while maintaining competitiveness in cost control.
Overall, the connector market is showing a moderate growth trend. Domestic connectors are enjoying a stable price trend with slight declines, thanks to their cost advantages and policy support, while they are also catching up in terms of performance and reliability. In the future, if domestic brands can absorb advanced design concepts from leading enterprises such as Harwin (such as floating connections, EMC design, etc.), and combine them with flexible manufacturing and local services, they are likely to gain wider recognition in the industry.
If you are interested in domestic substitutes for Harwin brand connectors, or have related procurement needs, or own production or sales channels for such products, and wish to engage in in-depth cooperation or communication, please contact us through the following methods:
Manager Zhang (18665383950, WeChat number the same)Looking forward to joining hands with more industry partners!
