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Control Systems in the United States

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    Report

  • 49 Pages
  • March 2024
  • Region: United States
  • MarketLine
  • ID: 5979217
Control Systems in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The control systems market includes programmable logic controllers (PLC) and distributed control systems (DCS). It does not include PC-based control systems and software. A control system is a device, or set of devices, that manages, commands, directs, or regulates the behaviour of other devices or systems.
  • The US control systems market recorded revenues of$3.94 billion in 2023, representing a compound annual growth rate (CAGR) of 1.2% between 2018 and 2023.
  • The DCS segment accounted for the market's largest proportion in 2023, with total revenues of$2.61 billion, equivalent to 66.1% of the market's overall value.
  • The market growth in 2023 is attributed to industrialization; growing demand for industrial automation such as soft and hard automation, programmable automation, and integrated automation; rising demand for operational efficiency in the manufacturing sector; and reducing overall manufacturing cost.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the control systems market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the control systems market in the United States
  • Leading company profiles reveal details of key control systems market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United States control systems market with five year forecasts

Reasons to Buy

  • What was the size of the United States control systems market by value in 2023?
  • What will be the size of the United States control systems market in 2028?
  • What factors are affecting the strength of competition in the United States control systems market?
  • How has the market performed over the last five years?
  • How large is the United States’s control systems market in relation to its regional counterparts?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What have been the most significant mergers/acquisitions in recent years?
8 Company Profiles
8.1. General Electric Company
8.2. Siemens Corp
8.3. Emerson Electric Co.
8.4. Honeywell International Inc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. About the Publisher
List of Tables
Table 1: United States control systems market value: $ million, 2018-23
Table 2: United States control systems market category segmentation: % share, by value, 2018-2023
Table 3: United States control systems market category segmentation: $ million, 2018-2023
Table 4: United States control systems market geography segmentation: $ million, 2023
Table 5: United States control systems market value forecast: $ million, 2023-28
Table 6: General Electric Company: key facts
Table 7: General Electric Company: Annual Financial Ratios
Table 8: General Electric Company: Key Employees
Table 9: General Electric Company: Key Employees Continued
Table 10: General Electric Company: Key Employees Continued
Table 11: Siemens Corp: key facts
Table 12: Siemens Corp: Key Employees
Table 13: Emerson Electric Co.: key facts
Table 14: Emerson Electric Co.: Annual Financial Ratios
Table 15: Emerson Electric Co.: Key Employees
Table 16: Emerson Electric Co.: Key Employees Continued
Table 17: Honeywell International Inc.: key facts
Table 18: Honeywell International Inc.: Annual Financial Ratios
Table 19: Honeywell International Inc.: Key Employees
Table 20: Honeywell International Inc.: Key Employees Continued
Table 21: United States size of population (million), 2019-23
Table 22: United States gdp (constant 2005 prices, $ billion), 2019-23
Table 23: United States gdp (current prices, $ billion), 2019-23
Table 24: United States inflation, 2019-23
Table 25: United States consumer price index (absolute), 2019-23
Table 26: United States exchange rate, 2019-23
List of Figures
Figure 1: United States control systems market value: $ million, 2018-23
Figure 2: United States control systems market category segmentation: $ million, 2018-2023
Figure 3: United States control systems market geography segmentation: % share, by value, 2023
Figure 4: United States control systems market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the control systems market in the United States, 2023
Figure 6: Drivers of buyer power in the control systems market in the United States, 2023
Figure 7: Drivers of supplier power in the control systems market in the United States, 2023
Figure 8: Factors influencing the likelihood of new entrants in the control systems market in the United States, 2023
Figure 9: Factors influencing the threat of substitutes in the control systems market in the United States, 2023
Figure 10: Drivers of degree of rivalry in the control systems market in the United States, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • General Electric Company
  • Siemens Corp
  • Emerson Electric Co.
  • Honeywell International Inc.