Airtac International Group
TWSE-1590
Company Overview
AirTAC International Group manufactures and supplies pneumatic equipment worldwide. The company offers standard, miniature, compact/ultracompact, multi-mounting, twin- and tri-rod, slide table, rodless, rotary table, twist clamp, clamp, unclamping, and stopper cylinders, as well as air grippers and accessories. It also provides solenoid, air, manual control, mechanical control and other, and fluid control valves, and air preparation units. In addition, the company offers shock absorbers, speed controllers, transmission elements, sensor components, piping system, and related products. Further, it provides HRS series ultra-thin rotary, HRB vane rotary, JCK40/80 clamp, floor clamping, positioning telescopic pin-single and double guide rod, precision sliding table, and diaphragm cylinders; CPV15 large flow pilot-oriented mode, proportional solenoid, and 6V400/600 solenoid valves; and simple integrated solenoid valve; GAHZ shut-off, GAV slow open, and metal quick exhaust valves. Additionally, the company offers DPH digital pressure, strong magnetic, and inductive proximity sensors. Furthermore, the company provides LSH45 specification development, high dust-proof standard linear guideways, LRW wide micro linear guideway, ball screw, belt driven linear sliders, screw sliders, and linear modules; and manipulator industry hydraulic buffers, quick plug-in one-way valves, universal joint, mini cylinder metal strap, and SC sensor mounts. Its products are used in automotive, machinery manufacturing, metallurgy, and textile, porcelain, medical instrument devices, and food packaging fields. The company was founded in 1988 and is headquartered in Taipei City, Taiwan.
Name
Airtac International Group
CEO
Huai-Wen Li
Website
www.airtac.com
Sector
Machinery
Year Founded
1988
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Bulls Say
Artificial intelligence-related specification upgrade of electronic products will increase demand for pneumatic components, and AirTAC should be a main beneficiary, given its leading position in the industry.
New products such as linear guides and electric actuators will help AirTAC to maintain its earnings growth.
AirTAC’s pneumatic components business should experience stable demand growth on the back of the aging population, shortage of labor force, and rising labor costs in China.
Bears Say
AirTAC's operating margin will decline amid intensifying competition.
AirTAC’s linear guide sales ramp up slower than management expected due to tepid demand and intense competition.
China’s slowing economic growth and trade tensions with the US will negatively affect demand for AirTAC’s pneumatic components.