China and Global Relay Market 5 Year Forecasts in New Research Reports

PUNE, India, October 22, 2015 /PRNewswire/ --

RnRMarketResearch.com adds "China Relay Market Report, 2015-2018" and "Global Relays Industry 2015 Market Research Report" studies with 2018 and 2020 forecasts, respectively, on data and information to its online business intelligence library.

Complete report on China relay market spread across 96 pages, talking about 13 companies and supported with 134 charts is now available at http://www.rnrmarketresearch.com/china-relay-industry-report-2015-2018-market-report.html .

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, China's 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 CLODI's patents, trademarks and 100% equities of KG Company (held by CLODI), through which Hongfa further consolidated its position in the world's market.

Dongguan Sanyou Electrical Appliances is one of the top 100 enterprises in China electronic components industry, ranking the 44th in 2014. The company's products, without exception, have passed UL, CUL and CQC certifications and can meet the requirements of EU's 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 company's revenue reached RMB850.7 million, making up 4.6% share of Chinese relay market. Order a copy of this latest China relay market research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=417885 .

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 company's revenue hit RMB433.5 million, being the 71st among top 100 players in China's 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 company's 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.

Another and similar research titled Global Relays Industry 2015 Market Research Report provides a basic overview of the industry with relays market analysis for the international markets including development trends, competitive landscape analysis, and key regions development status.

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. Companies involved in this research are Omron, TE Connectivity, Fujitsu, Panasonic, Schneider, Hongfa Technology, Rockwell Automation, Phoenix Contact, Teledyne Relays, GE, Crydom, Mitsubishi, Esterline, ELK, Siemens, and Sanyou. With 220 tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Comprehensive table of contents and more on this research is available at http://www.rnrmarketresearch.com/global-relay-industry-report-2015-market-report.html .

Browse more reports on "Electrical Equipment" at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/electronics/electrical-equipment .

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