Research and Markets: Automation Holds the Key for Improved Quality and Productivity in the Chinese Pneumatic Components Market
DUBLIN--Research and Markets(http://www.researchandmarkets.com/research/f3e54f/chinese_pneumatic) has announced the addition of Frost & Sullivan's new report "Chinese Pneumatic Components Market" to their offering.
This research pays attention to the Chinese pneumatic components market growth as well as the market segments of the pneumatic actuators, valves, and electropneumatics. It analyzes the market structure, competition structure, market trends, application trends,technology trends and the market dynamics caused by the policies and regulations and industry development in related application fields, briefly discusses world economy dynamics, and evaluates the influences of these dynamics on this market. It is not only helpful for decision makers in manufacturing industries to have an overview and fundamentally clear map of these markets, but also attractive for investment institutions to conduct investment research and maker further decisions.
Market Overview
Automation Holds the Key for Improved Quality and Productivity in the Chinese Pneumatic Components Market
While the Chinese pneumatic components market made huge strides from 2004 to 2007, registering an annual growth rate of over 30 percent, the worsening macro-economic situation has slowed market progression. Despite this, the market is expected to grow, receiving strong elbow grease from the food, electronics, and industrial machinery sectors. The high degree of automation in end user industries has translated into greater demand for pneumatic components. "Pneumatic components are the preferred tools because they are non-polluting and energy saving compared with electric and hydraulic components," notes the analyst of this research service. "As popular automation components, pneumatic components are expected to expand the scope of application." With strong support from national policies, Chinese entrepreneurs are stepping up the tempo of research and development activities to enhance product quality.
The manufacturing sector in China has witnessed rapid development registering a double digit growth rate during the past few years. Chinese manufacturers have adopted process automation as the best route to ensure production quality and improve productivity, enabling further reduction of operating costs and raising the profit of manufacturers. Automation has also assumed greater significance in another context. In the past, low labor costs were a major advantage for the manufacturing industry in China. The introduction of the new labor law and Renminbi appreciation has reduced that advantage drastically, seriously impacting some labor-intensive industries such as textile and wood working. To remain competitive and reduce manufacturing costs, manufacturers are increasingly opting for automation equipment, including pneumatic components.
Stiff Competition between Electric Solutions and Pneumatic Systems Dominates Market Scenario
Electric solutions have seen a high degree of evolution, becoming powerful enough to fulfill the motion that pneumatic actuators provide and providing larger precision and reliability. The challenge from new technologies such as these poses a major threat for pneumatic component manufacturers. "The technical war between electric solution and pneumatic systems has started in some end-user sectors, such as automotive and semiconductors," explains the analyst. "Automotive end users are approaching processes such as welding, painting, and assembly through electric options, and semiconductor end users are also expected to switch over some of their processes such as assembly of printed circuit boards (PCBs) from existing pneumatic systems to electric systems, which support more precise movements."
It is imperative for pneumatic components manufacturers to balance emerging technology development and end user awareness. Directing end user awareness toward pneumatic component progress and identifying their particular needs is critical. Achieving technological progress alone cannot ensure the expansion of market share in the Chinese pneumatic components market as end user automation demand is still in the preliminary phase. Maximizing product visibility and addressing specific end user demands would prove to be a more practical strategy. Major manufacturers, particularly the multinational pneumatic components manufacturers, are gravitating toward mergers and acquisitions to ensure better penetration of their products in China, leading to market consolidation. Participants in this space are required to employ flexible managerial mechanisms and establish a sound sales network to deliver better business outcomes.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By Product:
- Actuators
- Valves
- Electropneumatics
By End User Application:
- Automotive
- Electronics
- Industrial machinery
- Metallurgical
- Food
- Textile
- Power generation
- Others
- Technologies
The following technologies are covered in this research:
- Field bus
- Precise position control
- Servo
- Integration
- Electric solution
Key Topics Covered:
- 1 EXECUTIVE SUMMARY
- 2 TOTAL CHINESE PNEUMATIC COMPONENTS MARKET
- 3 CHINESE PNEUMATIC ACTUATORS MARKET
- 4 CHINESE PNEUMATIC VALVES MARKET
- 5 CHINESE ELECTROPNEUMATICS MARKET
- List of Figures
For more information visit http://www.researchandmarkets.com/research/f3e54f/chinese_pneumatic