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Asia-Pacific relay consumption to reach $1.8M in 2005VDC

Posted: 18 Jan 2002 ?? ?Print Version ?Bookmark and Share

Keywords:asia-pacific market data? 2001/2002 global relay market intelligent service? venture development? vdc?

The consumption of relays in the Asia-Pacific market totaled $1.5 million in 2000 and is forecast to reach $1.8 million in 2005, according to the Asia-Pacific Market Data Report by Venture Development Corp. (VDC), entitled "2001/2002 Global Relay Market Intelligent Service."

The report says the growth in the forecast period will be far from steady. An adjustment period, with little or negative growth, will continue in the major vertical applications until at least 2003. High growth should resume at this time, fueled by new information technology products that make the replacement of current high-tech goods necessary. A short-dip may occur if oversupply gets out of hand again, but the market will continue its high growth after OEMs burn off this extra inventory.

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