Dec., 25, 2015, Mumbai, India: Market Reports on China presents the report, on “Market Report on China Relay Industry 2015-2018”. The companys products, without exception, have passed UL, CUL and CQC certifications and can meet the requirements of EUs ROHS and REACH, and part of products even gained German VDE and TUV accreditations.
China is the key production base of relays in the world, with its output holding more than 50% of global total. Driven by the expanding demand from downstream markets, Chinas relay sales and output reported RMB18.5 billion and about 6.79 billion units separately in 2014, when home appliance relay and automotive relay, as the main categories in Chinese relay market, swept shares of 30% and 18.7% respectively.
Presently, the high-end relay market in China is principally monopolized by foreign brands such as Omron, Panasonic and TE Connectivity, while the low-end market is controlled by local Chinese players like Hongfa Technology, Dongguan Sanyou Electrical Appliances, Zhejiang HKE, Ningbo Forward Relay, and Guizhou Space Appliance.
As the leader in Chinese relay industry, Hongfa Technology boasts annual capacity of producing one billion relays, occupying an 8.9% share of global relay market and ranking the fourth, and accounting for 19.2% share of Chinese relay market and ranking the first in 2014. In May, 2015, Hongfa Holding, a sub-subsidiary of Hongfa Technology invested USD20 million to acquire CLODIs patents, trademarks and 100% equities of KG Company (held by CLODI), through which Hongfa further consolidated its position in the worlds market.
Dongguan Sanyou Electrical Appliances is one of the top 100 enterprises in China electronic components industry, ranking the 44th in 2014. The companys products, without exception, have passed UL, CUL and CQC certifications and can meet the requirements of EUs ROHS and REACH, and part of products even gained German VDE and TUV accreditations. It boasts annual production capacity of 600 million relays. In 2014, the companys revenue reached RMB850.7 million, making up 4.6% share of Chinese relay market.
Ningbo Forward Relay is an export-oriented relay manufacturing enterprise, exporting 70% of its products to foreign countries and possessing annual capacity of producing 150 million relays. In 2014, the companys revenue hit RMB433.5 million, being the 71st among top 100 players in Chinas electronic components industry, and taking a 2.3% share of Chinese relay market.
Guizhou Space Appliance is the listed company under China Aerospace Science & Industry Corp (CASIC) and also the leading enterprise in military relay field. In 2014, the companys relay output and sales volume was up to 12.03 million units and 11.66 million units respectively, harvesting the revenue of RMB188 million, a share of 11.7% in total revenue and accounting for 1% share of Chinese relay market.
This report highlights the followings:
Overview of global relay industry, covering market size, market structure, competitive landscape, etc.;
Overview of China relay industry, such as market size, market structure, import & export, competition pattern, etc.;
Downstream sectors of China relay industry, such as home appliance, automobile, etc.;
Operation and relay business of 5 global and 8 Chinese relay companies.
Table of Contents
1 Overview of Relay Industry
2 Overview of Global Relay Industry
2.1 Market Size
2.2 Market Structure
3 Overview of China Relay Industry
3.1 Market Size
3.2 Market Structure
3.3 Import & Export
To view a full Executive Summary and Table of Contents, please visit:http://www.marketreportsonchina.com/consumer-goods-market-research-reports-18227/china-relay.html
About Author Bio: Sarah Davis is working with MarketReportsonChina which is a portal where you can access thousands of reports on China starting from Aeronautics to Zinc (A-Z). The website provides market reports on different sectors.
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