TechNavio today launched its report, Electrical Equipment and Machinery Manufacturing Market in China 2011-2015, based on an in-depth analysis focusing exclusively on China. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”In order to capitalize on the advantages of manufacturing bases in China, the global players from developed countries, especially the Asian players, are investing heavily in China. The foreign investments are acting as a strong motivating factor for China to improve its industrial activities in the north and west regions as well.”
According to the report, currently, the huge opportunities available for vendors in the Global Electrical Equipment and Machinery market are leading to the strong growth of this market in China. Moreover, the increasing acceptance of products offered by Chinese companies among the domestic as well as certain foreign customers is also leading to the growth of this market. The Electrical Equipment and Machinery Manufacturing market in China is gaining traction in both domestic and foreign markets which is promising this market a steady growth during the forecast period.
Further, the report reveals that the key factor hindering or slowing down market growth is the increasing raw material cost, which impacts the profit margin of the manufacturers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/electrical-equipment-and-machinery-manu…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
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