According to gongkong's "2011 China Contactor Market Research Report," the data shows that in 2010 China's contactor market increased by 29% year-on-year. Gongkong believes that the main reasons for pulling this market are:
lOEM industry to stimulate market demand. In 2010, the demand for contactors in the OEM industry increased by 33%. Due to the warming of the real estate market, the construction machinery and HVAC industry have grown rapidly in 2010, and these industries have used more than 50% of low-voltage contactor applications.
l The recovery of the project-based market has increased the demand for low-voltage contactors. In 2010, the chemical industry performed well, especially in the coal chemical and fine chemical industries. With the increase of environmental protection requirements, the demand for low-voltage contactors for environmental protection-related products has also increased significantly.
In 2010, the state invested in infrastructure and new energy industries. The development of the rail transit industry, wind power and nuclear power industry also contributed greatly to low-voltage contactors.
China's low-voltage contactor products due to the manufacturing process is not complicated, relatively low technological content, coupled with a large market demand, resulting in a large number of low-voltage contactor manufacturers. At present, the market concentration of low-voltage contactors is relatively high. The top 10 companies in the industry have a market share of 83%. Schneider has been at the forefront of the low-voltage contactor market, with a market share of 25%. There are 3 companies with a sales scale of 500 million to 1 billion. They have a total market share of 35%, of which Siemens is an international brand and Chint and Delixi are local Chinese companies.
2010 was a year in which China's contactor market challenges and opportunities coexisted. As the financial crisis retreated, various manufacturers began to actively explore their own way out, accumulating energy in the post-crisis era to seek breakthroughs: ABB low-voltage electrical appliances from the Automation Products Division Come out and become one of the five departments of the company; Noahak Electric's latest AC contactor Ex9C-100i was successfully developed and will be officially launched in 2011. The Noaac brand will become a powerful weapon for Chint to open up high-end markets; the Shanghai people begin to adjust the product structure. Eliminating low-end electrical products and developing a new generation of low-voltage electrical products; after Mill was acquired by Eaton, Eaton Miller has also introduced new products and developed new contactor products.
Having experienced good growth in 2010, gongkong believes that the low-pressure contactor market will continue to grow steadily in the coming years as the OEM industry and the new energy industry develop. Mainly in the following two aspects:
1. The development of manufacturing will drive future growth.
2. New energy sources such as wind power and solar energy bring huge demand for low-voltage contactors.
lOEM industry to stimulate market demand. In 2010, the demand for contactors in the OEM industry increased by 33%. Due to the warming of the real estate market, the construction machinery and HVAC industry have grown rapidly in 2010, and these industries have used more than 50% of low-voltage contactor applications.
l The recovery of the project-based market has increased the demand for low-voltage contactors. In 2010, the chemical industry performed well, especially in the coal chemical and fine chemical industries. With the increase of environmental protection requirements, the demand for low-voltage contactors for environmental protection-related products has also increased significantly.
In 2010, the state invested in infrastructure and new energy industries. The development of the rail transit industry, wind power and nuclear power industry also contributed greatly to low-voltage contactors.
China's low-voltage contactor products due to the manufacturing process is not complicated, relatively low technological content, coupled with a large market demand, resulting in a large number of low-voltage contactor manufacturers. At present, the market concentration of low-voltage contactors is relatively high. The top 10 companies in the industry have a market share of 83%. Schneider has been at the forefront of the low-voltage contactor market, with a market share of 25%. There are 3 companies with a sales scale of 500 million to 1 billion. They have a total market share of 35%, of which Siemens is an international brand and Chint and Delixi are local Chinese companies.
2010 was a year in which China's contactor market challenges and opportunities coexisted. As the financial crisis retreated, various manufacturers began to actively explore their own way out, accumulating energy in the post-crisis era to seek breakthroughs: ABB low-voltage electrical appliances from the Automation Products Division Come out and become one of the five departments of the company; Noahak Electric's latest AC contactor Ex9C-100i was successfully developed and will be officially launched in 2011. The Noaac brand will become a powerful weapon for Chint to open up high-end markets; the Shanghai people begin to adjust the product structure. Eliminating low-end electrical products and developing a new generation of low-voltage electrical products; after Mill was acquired by Eaton, Eaton Miller has also introduced new products and developed new contactor products.
Having experienced good growth in 2010, gongkong believes that the low-pressure contactor market will continue to grow steadily in the coming years as the OEM industry and the new energy industry develop. Mainly in the following two aspects:
1. The development of manufacturing will drive future growth.
2. New energy sources such as wind power and solar energy bring huge demand for low-voltage contactors.
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