First Research US Industry Profile

Already a subscriber?  Login >>

View Sample
Industrial Control Products Manufacturing
SIC Codes: 3625
NAICS Codes: 335314
Last Quarterly Update: 4/18/2022
Companies in this industry manufacture industrial controls and control accessories such as relays, 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).
The global industrial control systems market is forecast to reach about $170 billion by 2026 at an 8.01% compound annual growth rate (CAGR) over the 2021- 2026 forecast period, according to Mordor Intelligence. 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 900 establishments (single-location companies and units of multi-location 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 ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

01/03/2022
10/04/2021
08/02/2021
04/26/2021
01/11/2021
10/05/2020
06/22/2020
03/02/2020
04/29/2019
01/21/2019
10/15/2018
07/16/2018
04/16/2018
01/15/2018
10/09/2017
07/10/2017
04/10/2017
01/09/2017
09/26/2016
06/27/2016
03/28/2016
12/21/2015
09/21/2015
06/22/2015
03/23/2015
12/22/2014
09/22/2014
06/30/2014
04/07/2014
01/13/2014
10/07/2013
07/15/2013
04/22/2013
01/28/2013