Global Industrial Electronics Market Growth (Status and Outlook) 2023-2029

Global Industrial Electronics Market Growth (Status and Outlook) 2023-2029

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.
LPI (LP Information)' newest research report, the “Industrial Electronics Industry Forecast” looks at past sales and reviews total world Industrial Electronics sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Electronics sales for 2023 through 2029. With Industrial Electronics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Electronics industry.
This Insight Report provides a comprehensive analysis of the global Industrial Electronics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Electronics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Electronics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Electronics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Electronics.
The global Industrial Electronics market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In North America, key players of Industrial Electronics include ABB, Mitsubishi Electric, Rockwell Automation, etc. The top three companies hold a share about 20%. North America and Europe are the major producing regions in the world, Followed by Japan. In terms of application, the product is most widely used in semiconductor, followed by telecommunication and energy.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Electronics market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Power Semiconductor Device
Sensors and Actuators
Instrumentation
Intelligent Electronic Devices
Motor Drives
Power Systems
Measurement and Testing
Segmentation by application
Transportation
Chemical
Mining
Energy
Semiconductor
Telecommunication
Healthcare
Aerospace and Defense
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.