+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Development of the Leading Chinese IoT Module Supplier: Neoway Technology

  • Report
  • 15 Pages
  • March 2022
  • Region: China
  • Market Intelligence & Consulting Institute (MIC)
  • ID: 5582393

FEATURED COMPANIES

  • Alibaba
  • Fibocom
  • Intel
  • Qualcomm
  • Shenzhen Clou Electronics
  • Vanke
Founded in 2006, Neoway Technology is one of the leading Chinese wireless communication module suppliers for IoT (Internet of Things) applications with products covering from IoT wireless communication modules to in-vehicle diagnostics systems. For years, its wireless communication modules have dominated China's smart grid bidding market.

The company also works with European and US telecom operators as well as car part suppliers on in-vehicle diagnostics systems. While badly hit by the COVID-19 in 2020, Neoway expects the next leg of growth on replacement demand for three major energy meters in China and the continued growth of V2X (Vehicle to Everything) products overseas.

List of Topics
  • Development of Neoway Technology, touching on its shipment and revenue performance as well as financial conditions for the period 2016-2021
  • Development of Neoway's major module products and includes its top five customers with sales value included
  • Future product development strategies in the areas of smart grid, smart water meter, and smart gas meter

This report will be delivered within 3-5 working days.

FEATURED COMPANIES

  • Alibaba
  • Fibocom
  • Intel
  • Qualcomm
  • Shenzhen Clou Electronics
  • Vanke

1. Neoway Technology's Wireless Communication Module Shipments
1.1 Neoway Holds 4th Position in Wireless Communication Module Shipments in China
2. Key Products and Financial Conditions
2.1 Company History
2.1.1 Phase 1 (2006-2009): Develops technology
2.1.2 Phase 2 (2009-2015): Lays a Solid Foundation for its Leading Position in China's Smart Grid Market
2.1.3 Phase 3 (2016-now): Extends to V2X and IIoT and to Pursue Product Diversification and Growth in Overseas Market
2.2 Key Products and Customers
2.3 Shareholders and Management
2.4 Financial Conditions
2.4.1 Revenue and Net Profit Growth Slows Down in 2020 for the First Time
2.4.2 Gross Profit Margin at 14.7%
2.4.3 Ramping Up Spending in Preparation for 5G

3. Future Product Development Strategy
3.1 Continuing to Develop the Smart Energy Market with its Leading Position
3.1.1 Smart Grid
3.1.2 Increased Adoption of NB-IoT in the Smart Water Meter and Smart Gas Meter Markets
3.2 Focusing on V2X Terminals as a New Growth Driver
4. Analyst's Perspective
Margin
Appendix
List of Companies
List of Tables
Table 1. Comparison of China's Top 5 Wireless Module Suppliers
Table 2. Neoway's Milestones
Table 3. Neoway's Top Five Customers
List of Figures
Figure 1. Neoway's Major Module Products
Figure 2. Neoway's Revenue, Gross Profit Margin, and Net Profit Margin, 2016 - 2021
Figure 3. Neoway's Water Utilization Solutions
Figure 4 Application of Neoway's V2X Products
Figure 5. Neoway's V2X Solutions

Loading
LOADING...

A selection of companies mentioned in this report includes:

  • Alibaba 
  • Arrow Asia Pac Limited
  • AT&T
  • Beijing Automotive Industry Holding
  • Beijing Yidianyuan Network Technology
  • CPON
  • Fibocom
  • Gansu Province Electric Power Investment Group
  • Genus Power Infrastructures
  • Gree Electric
  • Grupo Next
  • Harman
  • Intel
  • Media
  • MediaTek
  • Neoway Technology
  • Qualcomm
  • Quectel Wireless
  • Reliance
  • Samsung
  • Shenzhen Clou Electronics
  • Shenzhen Zhaoxin E-Tech
  • Sunsea AIoT Technology
  • Suzhou Fulei Electric Appliance
  • Telefonica
  • Vanke
  • VIVO
  • Wahlap Technology
  • Wahlee
  • Wasion Group
  • Yantai dongfang-Wisdom Electric
  • ZTE

Primary research with a holistic, cross-domain approach

The exhaustive primary research methods are central to the value that the analyst delivers. A combination of questionnaires and on-site visits to the major manufacturers provides a first view of the latest data and trends. Information is subsequently validated by interviews with the manufacturers' suppliers and customers, covering a holistic industry value chain. This process is backed up by a cross-domain team-based approach, creating an interlaced network across numerous interrelated components and system-level devices to ensure statistical integrity and provide in-depth insight.

Complementing primary research is a running database and secondary research of industry and market information. Dedicated research into the macro-environmental trends shaping the ICT industry also allows the analyst to forecast future development trends and generate foresight perspectives. With more than 20 years of experience and endeavors in research, the methods and methodologies include:

Method

  • Component supplier interviews
  • System supplier interviews
  • User interviews
  • Channel interviews
  • IPO interviews
  • Focus groups
  • Consumer surveys
  • Production databases
  • Financial data
  • Custom databases

Methodology

  • Technology forecasting and assessment
  • Product assessment and selection
  • Product life cycles
  • Added value analysis
  • Market trends
  • Scenario analysis
  • Competitor analysis

Loading
LOADING...