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          1. Industrial Control Products Manufacturing Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 6/22/2020
            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 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 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. ...

             
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