DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/76xkbj/electronic) has announced the addition of the "Electronic Transmission Equipment Manufacturing Industry in China 2011-2015" report to their offering.
TechNavio's analysts forecast the Electronic Transmission Equipment Manufacturing industry in China to grow at a CAGR of 18.84 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing number of foreign establishments. The Electronic Transmission Equipment Manufacturing industry in China has also been witnessing the technological advancements in the market.
The key vendors dominating this space are UTStarcom (China) Ltd., Laird Technologies China, NEC China, Panda Electronics Group Co. Ltd., and Skyworth Group.
The ther vendors mentioned in the report are Radio Frequency Systems (Shanghai) Inc., Guangzhou Haige Communications Group, China Potevio Co. Ltd., Shaanxi Fenghuo Communications Group Co. Ltd., and Beijing Raisecom Technology Co. Ltd.
Commenting on the report, an analyst from TechNavio's Hardware team said: ''The Electronic Transmission Equipment Manufacturing industry in China is characterized by rapid technological changes. Innovation in equipment is one of the key factors in the competition among vendors. Vendors continuously introduce new products into the market to acquire customers. Telecom technologies in developed countries are 3.5G and 4G technologies and technologies pertaining to substitution of radio and wire transmission with optical transmission are some of the prominent examples of technological advancements which are fostering growth in this market.''
According to the report, the industry is characterized by high competition, low input costs, and a high level of industry concentration. Globalization is another factor that is encouraging foreign entities to set up manufacturing facilities in China. Many electronic transmission equipment manufacturing establishments in the country have foreign parent companies, and they contribute tremendously to the revenue of the market. The market attractiveness is high in terms of the cost of manufacturing, and this factor is expected to attract more foreign players into the country.
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