Ipsos Business Consulting engaged as Industry Consultant by TRIO Industrial Electronics Group Limited for its listing on the Main Board of the Hong Kong Stock Exchange (stock code: 1710.HK）on Nov 23, 2017. The group is an OEM of industrial electronic components and products. The OEM products include: (i) electromechanical products; (ii) switch-mode power supplies; and (iii) smart chargers, which are generally applied in various industrial electronic equipment such as (a) renewable energy facilities; (b) telecommunications equipment; (c) commercial freight equipment; (d) medical devices; and (e) security systems.
Ipsos Business Consulting's IPO consulting team conducted an Independent Market Review, covering the industry development, trends and competitive landscape of the industrial EMS industry globally and in Hong Kong for the period from year 2010 to 2020. During the IPO process, Ipsos Business Consulting collaborated with the Group, IPO sponsor and its legal advisors to complete the contents of the prospectus as well as address all follow-up questions from the HKEX.
According to Ipsos Business Consulting's analysis, the global sales value of the industrial EMS industry increased from HK$1,533.6 billion in 2010 to HK$ 2,093.3 billion in 2016, representing a CAGR of 4.9%. During the forecast period, the global sales value of the industrial EMS industry is expected to increase from HK$2,130.4 billion in 2017 to HK$ 2,412.3 billion in 2020, representing a CAGR of 4.2%.