Industrial Control Products Manufacturing Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 10/9/2017
SIC Codes: 3625
NAICS Codes: 335314
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Industrial Control Products Manufacturing Industry Profile

Companies in this industry manufacture industrial controls and control accessories such as relays and motor starters and controllers. Major companies include Emerson Electric, Honeywell, and Rockwell Automation (all based in the US), as well as ABB (Switzerland), Beijing Sifang Automation (China), OMRON (Japan), Schneider Electric (France), and Siemens (Germany).

Top countries for industrial control products manufacturing include China, Germany, Japan, South Korea, and the US -- highly industrialized countries. However, developing markets are gaining in worldwide market share.

The US industrial control products manufacturing industry includes about 870 companies with annual revenue of about $10 billion.

COMPETITIVE LANDSCAPE

Demand is driven by overall industrial production and by demand for machinery used to automate various types of manufacturing. The profitability of individual companies depends on technological expertise and efficient operations. Large companies have economies of scale in purchasing and greater ability to offer a wide variety of products to a diverse customer base. Small companies can compete by specializing in niche products. The US industry is concentrated: the top 50 companies account for about 70% of industry revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products include electric and electronic relays, industrial motor starters and controllers, magnet and solid-state control circuit devices, industrial control rheostats, industrial solenoid switches, mechanical and solid-state timing devices, and electromagnetic brakes and clutches. Other products include flow actuated electrical switches, crane and hoist controls, and marine auxiliary controls. Companies may also offer integrated systems that ...

 
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