Market Report China Relay Industry 2015-2018

Dec., 25, 2015, Mumbai, India: Market Reports on China presents the report, on “Market Report 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. "http://www.marketreportsonchina.com/consumer-goods-market-research-reports-18227/china-relay.html" 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...