Industrial Electronics Market

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.

Industrial Electronics Market 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.

We 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