The relay has a very stable market position in China

The relay still has the largest market in use at present. It is still machinery and electricity. According to the available data, they both account for more than 60% of the total market share. Metallurgy and petrochemical are also the industries in which the relays are used more often, and both account for the relay market. About 15%; other industries such as transportation, cement, water treatment, papermaking, military and other industries will also use a lot of relays.

Omron has absolute advantages in the mainland industrial relay market, and it holds the leading position in various sub-sectors. Izumi has certain advantages in all major market segments of industrial relays in the mainland, but its market penetration rate in various sub-sectors is much lower than that of Omron. Companies like Panasonic and Tyco that are more focused on the power industry are showing superiority in the industry.

In the coming few years, the industrial relay market will continue to increase steadily, and the format of market competition will not change too much. On the whole, the industrial relay market in mainland China will continue to maintain a stable growth trend. Following the improvement of all economic conditions, the industry will increase its speed. progress. For this reason, the relay's market position in China is very stable.