The global connector market has continued to grow in the past 40 years. According to Bishop & Associate data, the global connector market has grown from 59.4 billion yuan in 1980 to 364.3 billion yuan in 2016, with a compound growth rate of 5.2%. Slow, compound growth rate is 2.6%. Although the connector market has experienced a temporary decline since 2014, the subsequent economic recovery and technological upgrading will continue to drive the industry forward.
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