First Research US Industry Profile

View Sample
Control, Electromedical, Measuring & Navigational Instruments Manufacturing
SIC Codes: 3812, 3822, 3823, 3824, 3825, 3826, 3829, 3842, 3844, 3873
NAICS Codes: 3345
Last Quarterly Update: 4/29/2019
Companies in this industry segment manufacture navigational, measuring, electromedical, and control instruments, including aeronautical instruments, appliance regulators and controls, analytical lab instruments, navigation and guidance systems, and various types of testing equipment. Major companies include Agilent Technologies, Danaher, Honeywell, L-3 Communications, Medtronic, Northrop Grumman, Raytheon, and Thermo Fisher Scientific (all based in the US), as well as ABB (Switzerland) and Siemens (Germany).
China, the US, and Germany are the largest producers of control, electromedical, measuring, and navigational instruments. Companies in the industry are targeting emerging markets such as China, India, and the Middle East for growth.
The US control, electromedical, measuring, and navigational instruments industry includes about 5,200 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $140 billion.
Competitive Landscape
Demand is driven by technological advancements, as well as growth in primary end markets such as aerospace and medical services. The profitability of individual companies depends on continuous, rapid product development. Large companies enjoy economies of scale in manufacturing, broad product lines, and established distribution relationships. Small companies can compete effectively by developing advanced or specialized technology, or by subcontracting for larger firms. The US industry is concentrated: the 50 largest companies generate more than 60% of industry revenue.
Products, Operations & Technology
Search, detection, navigation, and guidance instruments account for the largest portion of industry revenue (about 32%), followed by electromedical equipment ... 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)

01/28/2019
10/22/2018
07/23/2018
04/23/2018
01/22/2018
10/16/2017
07/17/2017
04/17/2017
01/16/2017
10/10/2016
07/11/2016
04/11/2016
01/11/2016
10/05/2015
07/06/2015
04/06/2015
01/12/2015
09/22/2014
06/30/2014
04/07/2014
01/13/2014
10/07/2013
07/15/2013
04/22/2013