The market share of Chinese hydraulic valve manufacturers depends on price or value. AAK thinks so

Taking the market share or taking orders, almost a lot of inertial thinking thinks that Chinese hydraulic valve manufacturers rely on price. No wonder, in the Fortune Global 500 list a few days ago, although there are 145 Chinese enterprises, their profits are only half of those of American enterprises. 

The essence of business is transaction. Trade, take my value to exchange the other party's value. The reason why the business can grow is that the enterprise has more ability than the things to exchange. If the capacity overflows, it will grow. Why can enterprises grow and make money? Make the products more valuable and produce more products, so we can get more. AAK Hydraulic Valve can make the hydraulic valves more valuable. Perhaps the price is 20% more expensive than that of the peers, but the service life of the hydraulic valves is twice that of the peers. This is the capacity overflow of AAK.

https://www.aakindustry.com/info-detail/chinese-hydraulic-valve-manufacturers-aak367