The market is dominated by domestic suppliers, as imports account for 43.1% of total market size in 2024. B2B drives market demand, with B2B spending representing 99.0% of total demand in 2024. The US has the largest market size for industrial process control equipment across the top 20 developed countries, with demand reaching USD18.9 billion in 2024. Emerson Electric Co is the largest company in the US, generating 23.9% of the industry’s total production value in 2024. The industry is concentrated, with the top five companies generating 72.1% of total production value in 2024. The total number of companies increases in 2024, to 2,350 units. The costs of the industry increase by 3.7% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 3.8% of production value in 2024, the 17th highest across the top 20 developed countries. The industry’s exports share increases in 2024 to 35.2% of total production output. With production value of USD15.6 billion, the US accounts for 86.1% of the North America total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Industrial Process Control Equipment in the US: 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 the US: ISIC 3313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Hi-tech Goods in USA report includes:
- Five year forecasts on industry’s historic trends and growth
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- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
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Industrial Process Control Equipment in the US: ISIC 3313
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Hi-tech Goods
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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