The trade fair PTC ASIA this year could be "a good chance to jumpstart the market" in the power transmission and control industry, said an executive of the high-profile event that opens in Shanghai on Monday..

"Lots of big players have signed up and we expect to see a number of new products from them," said Andreas Gruchow, member of the managing board of Deutsche Messe AG, a global trade fair company and one of the organizers of the event.

He said the exhibition this year will have more than 1,650 exhibitors from 28 countries and regions, an 18 percent increase over a year earlier. Its display area has increased by 19 percent to 100,000 square meters.