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Industry Prospects Of Relays

Jan 18, 2021

In the past ten years, my country's information industry has developed rapidly at three times the rate of other industries, and the communications and automobile industries are also developing at a rapid pace. At the same time, the home appliance industry has begun to emerge as an important demand driver. With the overall improvement of product quality and life in mainland China, more and more consumers are interested in new or upgraded home appliances, which in turn stimulates the demand for relays.


The "Foresight of China's Current Relay Industry Market Outlook and Investment Planning Analysis Report" issued by the Foresight Industry Research Institute shows that the above-mentioned industries use a considerable amount of relays. With the development of these industries, it will undoubtedly promote the further expansion of the relay market. In 2010, although the number of relay exports decreased, the export value increased, indicating that the added value of export relays has increased. At present, the high value-added products in the relay industry have been greatly improved, and they have gradually replaced imported products in some areas.


With the gradual implementation and deepening of my country's ten major industry revitalization policies, the demand and application areas of relays will continue to expand while consolidating. During the "Twelfth Five-Year Plan" period, my country's traditional electromechanical relays will maintain a growth rate of not less than 7%-8%, solid state relays will grow at a rate close to 15%, and special relays will develop rapidly at a rate of more than 20%.


The Relay Industry Research Group of the Forward-looking Industry Research Institute believes that my country’s relay industry will gradually accelerate its transformation from a “manufacturing country” to a “creating country”, and the situation from export-driven to domestic demand and export going hand in hand will become increasingly prominent, especially for high-end products. After the increase, the trend driven by domestic demand will become clearer.


It is worth noting that the "three networks", especially the development of "Internet of Things" and 4G, will enable new types of relays such as optical relays and high-frequency relays to achieve greater and faster development, becoming the relay industry in the "Twelfth Five-Year Plan" period. New growth highlights


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