solenoid coils manufacturers

Solenoid coil In a survey conducted last September by Global Sources Electronic Components among volume suppliers about 47 percent of the respondents believe that demand will rise by as much as 30 percent by next month, while 39 percent say the demand hike will exceed 30 percent. In anticipation of strong demand, suppliers are ramping up capacity, with 40 percent of the respondents eyeing a production expansion of up to 30 percent during the forecast period, while a fifth is planning capacity expansion of up to 60 percent.

The textile, printing and automotive industries are expected to drive domestic consumption. Although the domestic market has grown steadily at a rate of 10 percent annually, some makers have reported explosive growth rates.