TEL:0592-5749559, 0086-13616069197
HELLO, WELCOME TO XIAMEN YOUHEALTH EXPERT TECH. CO., LTD.​​​

XIAMEN YOUHEALTH EXPERT TECH.

GREEN lighting and home electronics expert

Product list

HOTLINE

0592-5749559

CONTACT
Fierce competition in the low-voltage contactor market
Source: | Author:electronics-101 | Published time: 2014-10-11 | 626 Views | Share:
In the industry of electrical development, low-voltage contactors, as traditional low-voltage electrical products, have been very mature. Sufficient market demand has spawned a large number of low-voltage contactor manufacturers. Enterprises want to enter the low-voltage contactor market and benefit from it, they need to have a relatively full understanding of the current mainland low-voltage contactor market, including the main aspects.

In the industry of electrical development, low-voltage contactors, as traditional low-voltage electrical products, have been very mature. Sufficient market demand has spawned a large number of low-voltage contactor manufacturers. Enterprises want to enter the low-voltage contactor market and benefit from it, they need to have a relatively full understanding of the current mainland low-voltage contactor market, including the main aspects.

As a traditional low-voltage electrical product, low-voltage contactors are very mature. The manufacturing process of the low-voltage contactor product itself is not complicated, the technical content is relatively low, and the sufficient market demand has spawned a large number of low-voltage contactor manufacturers; and low-voltage contactors with different load currents also show in the price. There is a big difference, and the price covers the range from ten yuan to several thousand yuan. If an enterprise wants to enter and benefit from the low-voltage contactor market, it needs to have a relatively full understanding of the current mainland low-voltage contactor market, including the main application industries, industrial chains of various industries, and potential industries.

According to the latest survey report of Beijing JFUnited Consulting Co., Ltd. (JFUnited), "2008 Mainland China Low-Voltage Contactor Market Survey Report" shows: lower entry barriers, lower brand concentration, strong market demand, good market The prospect is a positive factor for investing in the low-voltage contactor market; and with the increasingly fierce competition in the industry, product homogeneity and narrow profit margins are also important factors that investors have to consider.

In this report, GEF has jointly studied the main market segments of low-voltage contactors such as electric power, machinery, petrochemicals, metallurgy, and rail transit, and made a corresponding analysis of the industrial chain of each segmented application market. Concentration, price competition pattern and other aspects point out the current competition status of the above market segments; at the same time, the report also makes targeted analysis on brands, channels, logistics and key market segments of companies with different market shares.

The JFUnited survey report shows that the market size of low-voltage contactors in mainland China reached 4.76 billion yuan in 2007, and will maintain a relatively good growth momentum in the next few years. The main applications of low-voltage contactors are currently concentrated in the two major fields of machinery and electricity, accounting for about 72.5% of the total sales; and these two industries have also maintained a rapid growth momentum, therefore, they occupy a better position in the fields of electricity and machinery. Resource is a work that major enterprises attach great importance to.

The market concentration of low-voltage contactors is not high, especially in the low-end product market. . Schneider currently occupies a large market share (about 10%) in the mainland low-voltage contactor market, while the market share of other companies is below 7%. The top 5 companies only account for 35.1% of the total market capacity, and the remaining 64.9% are shared by numerous low-voltage contactor manufacturers.

At present, a large part of low-voltage contactors in mainland China are purchased by low-voltage complete equipment manufacturers, and these enterprises are more sensitive to price. Therefore, the market price of low-voltage contactors in mainland China is generally low. At present, the middle and high-end market of low-voltage contactors in mainland China is basically occupied by foreign brands. Most of the products of mainland enterprises are positioned in the low-end market, and the competition is fierce. However, the intensification of competition in the overall market cannot hide the increase in the benefits brought by the good growth of certain market segments. The subdivision application industries of low-voltage contactors are mainly traditional industries, and the development of these industries is the prerequisite for the development of the low-voltage contactor market. The low-voltage contactor market is greatly affected by the development of the demand industry.

In the report, JFUnited made an in-depth analysis of the overall market of low-voltage contactor products and the supply and demand of major market segments. The rapid growth of power generation installed capacity, the substantial increase in the output of mechanical products, and the growth of petrochemical and metallurgical investment all have an impact on the future growth rate of low-voltage contactors. From the perspective of market segments, electric power, machinery, petrochemicals, metallurgy, rail transit and other fields show different procurement characteristics, which is exactly what low-voltage contactor manufacturers should seize in order to stand firm in the competition and increase their market share. It is also a must for new entrants to master.

Now, low-voltage contactor products are very mature. At present, most of the major companies in the low-voltage contactor market were established in the 1990s or entered mainland China, and occupied most of the market share. These companies have strong strength. But this does not mean that new entrants have no chance of survival. Among the companies surveyed, there are still companies that have entered the market in recent years and achieved good performance; these companies have just discovered and seized the potential demand in the low-voltage contactor market. and succeeded. At present, there is little difference between low-voltage contactor products, and the products of most manufacturers can be replaced with each other. Therefore, it is an important way for enterprises to expand market share to meet the needs of subdivided application industries.

    The fierce competition in the low-voltage contactor market can also drive the overall development of the entire market and make the electrical industry develop faster.