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The development of modern society is inseparable from various natural resources and the use of resources to promote the progress of human society. Still, at the same time, the consumption of resources is also irreversible, so energy saving and environmental protection is the topic of discussion in many countries.
Research and development of new and renewable energy sources and searching for advanced methods to improve energy utilization have become common global concerns. The energy storage industry has gradually into the public eye.
The connector is an essential component of the energy storage industry. Its market capacity and product demand also grow with the development of the energy storage industry, especially in the field of new energy vehicles.
Increased Demand for Energy Storage for New Energy Vehicles
As the core technology of power batteries, the good trend of new energy vehicles has greatly promoted the development of the energy storage industry. The latest data released by the China Automobile Association shows that in August, domestic auto production and sales reached 1.725 million and 1.799 million units, respectively, down 18.7% and 17.8% year-on-year. By the end of August, China’s auto production and sales have declined year-on-year for four consecutive months.
But the domestic new energy vehicle market differs greatly from the overall car market’s continued downturn. Data show that domestic new energy vehicle production and sales in August were completed by 309,000 and 321,000 units, an increase of 1.8 times year-on-year. Production and sales set new records, breaking 300,000 units for the first time.
The rapid growth of new energy vehicle sales has led to a gradual increase in the domestic market penetration rate. CCA data shows that from January to August, the cumulative sales penetration rate of new energy vehicles in China increased to nearly 11%.
In August, the penetration rate of domestic new energy vehicles reached 17.8%. And the penetration rate of the new energy passenger vehicles was close to 20%. Regarding the current development trend, China is expected to achieve the medium and long-term development plan target of a 20% penetration rate of the new energy vehicle market. High-efficiency energy storage batteries will gradually replace the internal combustion engine.
The Healthy Development of The Energy Storage Connector Market
A Clear Cost-reduction Program
The energy storage connector market volume is gradually increasing. The cost issue has become a major problem for connector companies. In recent years, the cost of electrochemical energy storage batteries has gradually declined, so the cost of installed capacity control has become particularly important.
The energy storage connector is a key component of the installed connection. Its cost has become the main consideration when choosing a product indicator. Reducing product costs and meeting the future development of energy storage for energy storage connector companies is a major challenge.
Energy storage connectors have two relatively common methods: fixed screw connection and snap-in connection. As an economical connector design, the fixed screw connection is less expensive and can meet the cost performance requirements of some customers, but the safety and convenience are relatively poor. In contrast, the safety and reliability advantages of the quick-plug connection are obvious, but the cost is also relatively high.
The energy storage connector structure is simple, the threshold is not high, and many connector companies have this technology, so the cost advantage is particularly important in the case of consistent quality. For a product, under the premise of ensuring performance and quality, the simpler the design, the lower the cost, but the higher the level of embodiment. In addition, improving production efficiency is also a move to achieve cost reduction.
In the face of cost pressures to ensure the quality of the connector, the first has to start from the source of product design and improve the structure. The plug of the energy storage connector is designed as an assembled structure, reducing the manufacturing process on the precision of tooling and equipment needs.
Secondly, it is also necessary to reduce the number of key dimensions of the relevant components as far as possible and reduce the degree of difficulty in finishing metal parts. And in the connector, key components to achieving self-made. Such as the connector’s core terminals, are to reduce the cost of raw materials and ensure product quality from the source.
Guarantee Product Quality
High-quality energy storage connectors should mainly have the characteristics of security, reliability, and consistency of these three aspects.
Safety is the primary criterion for the quality of key components. Regardless of the development of the industry, it should be based on safety. Otherwise, even the largest industry will encounter risks. Secondly, the reliability of the energy storage connector is also particularly important. The life of the energy storage system is about 15 years. The energy storage connector is a key component inside the entire system. Its life depends on whether the entire energy storage system to ensure 15 years is safe and effective operation.
There are many energy storage batteries inside the energy storage device. The energy storage batteries are connected in series and parallel through the energy storage connector to form high voltage and high current output or storage. As a key component of the transmission, the number of thousands of energy storage connectors and thousands of energy storage connectors ensuring consistency has also become a major consideration for connector company’s indicators.
Summary
The continuous development of modern society has driven the progress of human society. And our research and development of new and renewable energy sources are also in progress. With the gradual growth of market capacity and product demand in the energy storage industry, we will also continue to seek progress in the development of the energy storage industry.