The market is dominated by domestic suppliers, as imports account for 5.2% of total market size in 2021. B2B drives market demand, with B2B spending representing 100% of total demand in 2021. China has the largest market size for industrial process control equipment regionally, with demand reaching USD54.3 billion in 2021. Emerson Electric Holdings (China) Co Ltd is the largest company in China, generating 1.5% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 5.3% of total production value in 2021. The total number of companies decreases in 2021, to 25,770 units. The costs of the industry increase by 6.2% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 10.4% of production value in 2021, the 12th highest regionally. With production value of USD46.4 billion, China accounts for 58.8% of the Asia Pacific total in 2021.
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This Euromonitor industrial report provides unique information on Industrial Process Control Equipment in China: ISIC 3313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Industrial Process Control Equipment in China: ISIC 3313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
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