| SIC Codes: | 3625 |
| NAICS Codes: | 335314 |
Companies in this industry manufacture industrial controls and control accessories such as relays and motor starters and controllers. Major companies include Rockwell Automation and divisions of Danaher Corporation, Emerson Electric, and Honeywell (all based in the US), as well as divisions of ABB (Switzerland), Beijing Sifang Automation (China), Invensys (UK), OMRON (Japan), and Siemens (Germany).
Demand is driven by overall industrial production and by demand for machinery used to automate production of a variety of manufactured products. 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 70 percent of industry revenue.
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. Companies may also offer integrated systems that combine hardware, software, and communications components to control customers' industrial and manufacturing processes.