Pneumatic valve supplier group into Europe and the United States market

According to a new report from the market analysis agency IHS, Chinese pneumatic valve and actuator manufacturers are on a large scale to advance into the US and European markets, triggering a reshuffle of the industry, and the global market competition landscape will change.

At present, the global pneumatic components market is dominated by a few large manufacturers, led by Japan SMC and Germany Festo. Together, these two companies together account for more than 45% of global revenue of 8 billion US dollars in 2012.

“However, under this appearance, a large number of budding suppliers have been stupid. Most of these suppliers come from Ningbo, China.” Alex Chausovsky, chief analyst of IHS motors and mechanical transmissions, warned, “These companies are constantly The new western market is advancing and it is expected to compete fiercely with established suppliers.”

Chinese suppliers mainly focus on the production of standard conventional pneumatic valves and actuators, and they have an absolute advantage in price. They are looking to larger markets, such as Europe and North America, and gradually enter the market through local distributors.

As the complexity of modern factory operations becomes more stable, engineers only need to evaluate the control, feedback, and status monitoring capabilities provided by high-end products. Therefore, for a given manufacturer, one key area is the pneumatic valve block that integrates the network communication function. IHS predicts that in the next five years, the sales growth of pneumatic valve blocks will likely reach six times that of single valves.

The pneumatic components market is initially composed of simple technology devices. Some major product substitution trends will affect the future development of this market. IHS claims that "how suppliers will respond to these trends will create a competitive environment in the coming years."

IHS also predicts that the future pneumatic components market will go hand in hand with the growth in demand for industrial machinery.