Industrial Electronics is a branch of electronic engineering that deals with power electronics, for example, thyristors, SCRs, AC and DC drives, meters, sensors, analyzers, stack cells programmed test gear, mulitimeters, information recorders, transfers, resistors, semiconductors, transistors, waveguides, scopes, speakers, radio recurrence (RF) circuit boards, timers, counters, etc. It covers all of the methods and procedures of: control systems, instrumentation, mechanism and diagnosis, signal processing and automation of various industrial applications.
This report contains market size and forecasts of Industrial Electronics in Global, including the following market information:
Global Industrial Electronics Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Industrial Electronics market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Power Semiconductor Device Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Industrial Electronics include ABB, Mitsubishi Electric, Rockwell Automation, Infineon Technologies, Vishay Intertechnology, Microchip, Texas Instruments, STMicroelectronics and NXP Semiconductors, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Industrial Electronics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Electronics Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Industrial Electronics Market Segment Percentages, by Type, 2021 (%)
Power Semiconductor Device
Sensors and Actuators
Instrumentation
Intelligent Electronic Devices
Motor Drives
Power Systems
Measurement and Testing
Global Industrial Electronics Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Industrial Electronics Market Segment Percentages, by Application, 2021 (%)
Transportation
Chemical
Mining
Energy
Semiconductor
Telecommunication
Healthcare
Aerospace and Defense
Global Industrial Electronics Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Industrial Electronics Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Electronics revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Industrial Electronics revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Mitsubishi Electric
Rockwell Automation
Infineon Technologies
Vishay Intertechnology
Microchip
Texas Instruments
STMicroelectronics
NXP Semiconductors
Toshiba Corporation
ON Semiconductor
Renesas Electronics
Maxim Integrated
Fuji Electric