According to the latest report from the market analysis and analysis agency IHS, Chinese pneumatic valve and actuator manufacturers are on a large-scale group to advance into the US and European markets. IHS predicts that the sales growth rate of pneumatic valve blocks will likely reach a single valve in the next five years. Six times that, the future market for pneumatic components will go hand in hand with the growth in demand for industrial machinery.
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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 group of emerging suppliers have been stupid. Most of these suppliers come from Ningbo, China.” Alex Chausovsky, chief analyst of IHS Motor and Mechanical Drives, warned, "These companies are constantly advancing into new markets in the West and are expected to compete fiercely with established suppliers." Chinese suppliers are mainly focused on the production of standard conventional pneumatic valves and actuators, and 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.
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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.
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This time, China's pneumatic valves take the initiative to enter the European and American markets, which will trigger the industry to reshuffle and the global market competition landscape will change. 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."