At present, the whole line of pin and bus connectors can be purchased from Chinese Mainland. Pin to pin and motherboard to board connectors, as indispensable and important accessories in products and equipment, account for an increasing proportion of procurement in many product application fields. Moreover, compared with other key devices, the selection range of connector products is wider, and its local procurement space is larger, so its industry entry barrier is not high.
At present, the whole pin, bus and connector market is mainly facing two aspects of competition. The first is the threat of substitutes. At present, the main substitute for connectors is terminals, which is not a great threat in the medium and high-end market, but it is facing fierce competition in the medium and low-end market. When buyers are faced with cost pressure, they often use relatively low-cost terminals to replace connectors.
The second is that the profits of enterprises are squeezed by buyers and suppliers. The buyers of connectors are mainly manufacturers of products and equipment. Their market concentration is high, the degree of standardization is high, and their profitability is declining in the current market economic environment.
Therefore, in the procurement process, they often use the current information to continuously lower the price under the background of more transparent information The manufacturer of bus bar connector is Qi. The main suppliers are raw material suppliers such as aluminum, copper, silver, gold and engineering plastics. The concentration and standardization of this industry are high; The transaction volume of the buyer is very large; The degree of product differentiation is very small; The cost of converting the seller is relatively small; Forward integration is unlikely; The information of both parties is quite transparent; Generally speaking, the bargaining power of the seller is relatively low, which leads to the small profit space of the enterprise.
Therefore, in the procurement process, they often use the current information to continuously lower the price under the background of more transparent information The manufacturer of bus bar connector is Qi. The main suppliers are raw material suppliers such as aluminum, copper, silver, gold and engineering plastics. The concentration and standardization of this industry are high; The transaction volume of the buyer is very large; The degree of product differentiation is very small; The cost of converting the seller is relatively small; Forward integration is unlikely; The information of both parties is quite transparent; Generally speaking, the bargaining power of the seller is relatively low, which leads to the small profit space of the enterprise.
Therefore, in the procurement process, they often use the current information to continuously lower the price under the background of more transparent information The manufacturer of bus bar connector is Qi. The main suppliers are raw material suppliers such as aluminum, copper, silver, gold and engineering plastics. The concentration and standardization of this industry are high; The transaction volume of the buyer is very large; The degree of product differentiation is very small; The cost of converting the seller is relatively small; Forward integration is unlikely; The information of both parties is quite transparent; Generally speaking, the bargaining power of the seller is relatively low, which leads to the small profit space of the enterprise.
Facing the market and technological changes of pin, bus and connector, Chinese manufacturers should gradually get rid of the homogeneous competition of medium and low-end product types, actively track the cutting-edge technologies of pin, bus and connector, learn the new technologies and processes of connector, constantly develop new products and expand high-end product line.
