An In-Depth Study of Worldwide Industrial Electronic Assembly by Product Market, 2011-2016
Synopsis
The worldwide industrial electronics assembly market is one of the most
interesting and profitable segments for EMS companies to engage in. While
growth of the total available industrial market is modest (between 5-6%
annually), the growth of the EMS services sector is more than double depending
on the product. Some of the most promising opportunities can be found in the
Test & Measurement and Process Control sectors where advanced electronics are
making a huge impact in efficiency and cost reduction. Both of these segments
rely on semiconductor technology to improve performance, accuracy and payback
for OEM product development. As a result, EMS companies are helping OEM
suppliers to reduce cost, efficiency and time to market. As with most product
markets, electronics innovation is key to overall market growth.
New Venture Research (NVR) has followed the electronics manufacturing industry
for over 20 years and is pleased to now offer this special study - The
Worldwide Industrial Electronics Assembly Market, 2012 Edition - the most
comprehensive and in-depth market research report available on this industry.
In 2011, EMS suppliers achieved only a total available market TAM) penetration
rate of 22.6%, however, by 2016 the penetration rate is projected to reach
26.9% - an increase of more than $10 billion in revenue worldwide. This
represents a compounded annual growth rate of 8.2% - nearly double that of the
OEM annual market growth rate.
The report begins with an examination of the various kinds of electronic
assembly products in the industrial sector. Certain assemblies are very
electronics-intensive that is, they are suitable to semiconductor innovation).
Examples include programmable electronics controllers PLCs) which dominate the
process control industrial sector, and electrical inverters found in clean
energy technology. Other industrial products, such as HVAC, laundry and LEDs
are mixed in terms of outsourcing opportunity due to the high percentage of
mechanical assembly labor involved.
A total of 29 industrial products across four product segments are examined
for electronics assembly content, in terms of cost of goods sold (COGS) and
outsourcing opportunity. The result is a mixed summary of high growth versus
high volume manufacturing opportunities that are likely candidates for
outsourcing (other products are better left to the OEM to address and
manufacture). As a result, electronics-intensive products such as test
equipment will experience the highest revenue growth over the next five years,
whereas there will be modest growth for most electro-mechanical industrial
product assemblies.
All 29 industrial electronics product opportunity segments are examined for
electronics/semiconductor content and manufacturing challenges, as well as
potential partnerships with the leading OEM suppliers. In general, most
Western OEM companies are open to subcontracting, whereas many Eastern OEMs
prefer to maintain in-house manufacturing service capabilities - mostly for
reasons of revenue capture as opposed to efficiency. The result will be a
contrast in the dynamics between the different geographic regions with regard
to manufacturing fulfillment and distribution. These conflicting forces will
disrupt the industrial economic picture over the next five years, resulting in
displacements in leadership and innovation.
All of these products and markets are analyzed from 2011 - 2016 in terms of
OEM revenue and EMS subcontracting potential, in addition to production by
region. An Excel spreadsheet allows for easy understanding and manipulation of
the production data and ranking of OEM leadership.
In-Depth Company Profiles (100 leading Industrial OEMs)
Revenue by Product
Manufacturing Revenue by Product
Examples/Images of Leading Products
About the Author
Randall Sherman is the President/CEO and principal analyst of New
Venture Research Corp., a technology market research and business consulting
firm focused on the EMS and OEM electronics manufacturing industries. Mr.
Sherman has more than 25 years' experience in technology and business
research. He has held senior positions at various market research firms,
including Creative Strategies, Frost and Sullivan, and BIS Strategic
Decisions. He began his career as a telecom network design engineer. He holds
an undergraduate degree in Astrophysics from the University of Colorado, a
MSEE from the University of Colorado and an MBA from the Edinburgh School of
Business.
About New Venture Research
New Venture Research Corp. (NVR) was established in 1988 to provide advanced business research services for the high technology electronics sector. Initially, the company's focus was on providing startup businesses with market research and strategic planning consulting services since we were located in Silicon Valley, California. Later, the company expanded into providing business development and merger & acquisition services to large and small as well as old and new firms.
Today, NVR is a global provider of business intelligence, growth management and advisory services to companies in the information technology, telecommunications, consumer, scientific instrumentation and advanced electronics markets.
Table of Contents
Chapter 1: Introduction
Objectives Organization
Methodology
Chapter 2: Executive Summary
Industrial Products Market
Process Control
Test & Measurement
Other Industrial Products
Clean Energy
Industrial Products Market Forecast
Chapter 3: Industrial Product Assembly
Process Control
Automation/Programmable Logic
Construction/Agricultural/Mining
Electric Motors
Electrical Distribution/Smart Grid
Elevator Systems
Environmental Management
Fluid Control/Hydraulics
Marine/Waste Water
Oil/Gas
Power Supplies
Robotics
Smart Meters
UPS/Batteries
Test & Measurement
Inspection
Instruments/Metrology
Semiconductor
Test Equipment
Other Industrial
ATM/Gaming/Vending
HVAC
Laundry/Home Appliances
Lighting/LEDs
Security/Safety
Tools
Handling/Specialty/Other
Clean Energy
Fuel Cells
Inverters
Solar PV
Tidal/Other
Wind Energy
Chapter 4: Industry Structure, 2011
Total Available Market - 2011
by all 29 products listed above)
Process Control
Test & Measurement
Other Industrial
Clean Energy
OEM/EMS Markets by Product/Segment
OEM/EMS Production Revenue by Region/Product
Chapter 5: Industry Forecasts, 2011-2016
Total Available Market by Product Segment - 2011-2016 (by all 29 products listed above)
Process Control
Test & Measurement
Other Industrial
Clean Energy
OEM/EMS Markets Forecast by Product/Segment
Chapter 6: Top 100 Company Profiles
ABB
Abengoa
Acciona
Advantest
Agilent
ALSTOM
Applied
AREVA
ASML
AIXTRON
Baldor Electric
Bechtel
BP Solar
Brooks Automation
Canadian Solar
Caterpillar
China Sunergy
Cisco Systems
CNH Global
Cooper Industries
Cree
Danaher
Diebold
Dresser
Eaton
Electrolux
Elster Group
Emerson
Federal Signal
First Solar
Fronius International
Fuji Electric
Fujitsu
Gamesa
GE Industrial
Gemalto
General Dynamics
Global Cash Access
Haier
Halliburton
Hitachi
Honeywell
IGT
Ingersoll Rand
Invensys
Itron
ITT Industries
John Deere
KLA Tencor
KONE
Lam Research
Landis+Gyr
LDK
Lennox Intl.
LG Electronics
Mettler Toledo
Mitsubishi
National Instruments
National Semi
NCR
NEC
Nichia
Novellus
Omron
OSRAM
Panasonic
Parker Hannifin
Pentair
PerkinElmer
Philips Lumileds
Power-One
Q-Cells
Republic Services
Robert Bosch
Rockwell Automation
Rohde & Schwartz
Saft
Samsung
Schlumberger
Schneider Electric
Sharp
Shimadzu
Siemens
Smiths Group
SolarWorld
Solon SE
SPX
SunPower
Suntech Power
Teradyne
Thermo Fisher
ThyssenKrup
Tokyo Electron
Toshiba
Trina Solar
Tyco
UTC
Waters
Whirlpool
Yokogawa
List of Tables(Partial)
Table 4-1: Industrial Products E-COGS Market by Category and Region ($M),
2012
Table 4-2: EMS Industrial Products E-COGS Market by Product and Region
($M), 2012
Figure 4-1: Industrial Products E-COGS Market by Supplier ($M), 2012
Table 4-3: Industrial Process Control E-COGS by Product and Region ($M),
2012
Table 4-4: Top Ten OEMs of Industrial Process Control E-COGS by Region
($M), 2012
Table 4-5: Top Ten Outsourcing OEMs of Industrial Process Control E-COGS
by Region ($M), 2012
Table 4-6: Top Ten Suppliers of Automation/Logic Products by Region ($M),
2012
Table 4-7: Top Ten Outsourcing OEMs of Automation/Logic Products ECOGS by
Region ($M), 2012
Table 4-8: Top Ten Suppliers of Const/Agricul/Mining Electronic Assemblies
by Region ($M), 2012
Table 4-9: Leading Outsourcing OEMs of Construction/Agriculture/Mining
Products by Region ($M)
Table 4-10: Top Ten Suppliers of Electric Motor Assemblies by Region ($M),
2012
Table 4-11: Top Ten Suppliers of Electrical Distribution/Smart Grid by
Region ($M), 2012
Table 4-12: Leading Suppliers of Elevator Systems by Region ($M), 2012
Table 4-13: Top Ten Suppliers of Environmental Management Systems by
Region ($M), 2012
Table 4-14: Top Ten Suppliers of Fluid Control/Hydraulic Systems by Region
($M), 2012
Table 4-15: Top Ten Suppliers of Marine/Wastewater Systems by Region ($M),
2012
Table 4-16: Top Ten Suppliers of Oil & Gas Systems by Region ($M), 2012
Table 4-17: Top Ten Suppliers of Power Supply Systems by Region ($M), 2012
Table 4-18: Leading Outsourcing OEMs of Industrial Power Supply Systems by
Region ($M), 2012
Table 4-19: Top Ten Suppliers of Robotics by Region ($M), 2012
Table 4-20: Leading Outsourcing OEMs of Robotic Systems by Region ($M),
2012
Table 4-21: Top Ten Suppliers of Smart Meters by Region ($M), 2012
Table 4-22: Leading Outsourcing OEMs of Smart Meters by Region ($M), 2012
Table 4-23: Top Ten Suppliers of UPS/Battery Systems by Region ($M), 2012
Table 4-24: Test & Measurement E-COGS by Product and Region ($M), 2012
Table 4-25: Top Ten OEMs of Test & Measurement E-COGS by Region ($M), 2012
Table 4-26: Top Ten Outsourcing OEMs of T & M Equipment E-COGS by Region
($M), 2012
Table 4-27: Top Ten OEMs of Inspection Equipment E-COGS by Region ($M),
2012
Table 4-28: Leading Outsourcing OEMs of Inspection Equipment E-COGS by
Region ($M), 2012
Table 4-29: Top Ten OEMs of Instruments and Metrology Equipment E-COGS by
Region ($M), 2012
Table 4-30: Leading Outsourcing OEMs of Inst/Metrology Equipment E-COGS by
Region ($M), 2012
Table 4-31: Top Ten OEMs of Semiconductor Equipment E-COGS by Region ($M),
2012
Table 4-32: Leading Outsourcing OEMs of Semiconductor Equipment E-COGS by
Region ($M), 2012
Table 4-33: Top Ten OEMs of Test Equipment E-COGS by Region ($M), 2012
Table 4-34: Top Ten Outsourcing OEMs of Test Equipment E-COGS by Region
($M), 2012
Table 4-35: Other Industrial Equipment E-COGS by Product and Region ($M),
2012
Table 4-36: Top Ten OEMs of Other Industrial Equipment E-COGS by Region
($M), 2012
Table 4-37: Top Ten Outsourcing OEMs of Other Industrial Equipment E-COGS
by Region ($M), 2012
Table 4-38: Top Ten OEMs of ATM/Gaming/Vending E-COGS by Region ($M), 2012
Table 4-39: Leading Outsourcing OEMs of ATM/Gaming/Vending E-COGS by
Region ($M), 2012
Table 4-40: Top Ten Suppliers of HVAC Systems by Region ($M), 2012
Table 4-41: Leading Outsourcing OEMs of HVAC Systems E-COGS by Region
($M), 2012
Table 4-42: Top Ten OEMs of Laundry/Home Appliances E-COGS by Region ($M),
2012
Table 4-43: Leading Outsourcing OEMs of Laundry/Home Appliances E-COGS by
Region ($M), 2012
Table 4-44: Top Ten Suppliers of Lighting/LED Products by Region ($M), 2012
Table 4-45: Top Ten OEMs of Security/Safety Products E-COGS by Region
($M), 2012
Table 4-46: Leading Outsourcing OEMs of Safety/Security Products E-COGS by
Region ($M), 2012
Table 4-47: Top Ten OEMs of Tools E-COGS by Region ($M), 2012
Table 4-48: Leading Outsourcing OEMs of Tools E-COGS by Region ($M), 2012
Table 4-49 Top Ten OEMs of Specialty/Handling Equipment E-COGS by Region
($M), 2012
Table 4-50: Leading Outsourcing OEMs of Specialty/Handling E-COGS by
Region ($M), 2012
Table 4-51: Clean Energy Products E-COGS by Product and Region ($M), 2012
Table 4-52: Top Ten OEMs of Clean Energy Equipment E-COGS by Region ($M),
2012
Table 4-53: Leading Outsourcing OEMs of Clean Energy Equipment E-COGS by
Region ($M), 2012
Table 4-54: Leading OEMs of Fuel Cells E-COGS by Region ($M), 2012
Table 4-55: Leading Outsourcing OEMs of Fuel Cells E-COGS by Region ($M),
2012
Table 4-56: Top Ten Suppliers of Inverters by Region ($M), 2012
Table 4-57: Leading Outsourcing OEMs of Inverters E-COGS by Region ($M),
2012
Table 4-58: Top Ten OEMs of Solar PV Products E-COGS by Region ($M), 2012
Table 4-59: Leading Outsourcing OEMs of Solar PV Products E-COGS by Region
($M), 2012
Table 4-60: Leading Suppliers of Tidal Systems by Region ($M), 2012
Table 4-61: Leading Outsourcing OEMs of Tidal Systems E-COGS by Region
($M), 2012
Table 4-62: Leading OEMs of Wind Energy Products E-COGS by Region ($M),
2012
Table 5-1: OEM Industrial Assembly TAM Forecasted E-COGS by Market Segment
($M), 2011 - 2016
Table 5-2: EMS Industrial TAM Forecasted E-COGS by Market Segment ($M),
2011 - 2016
Table 5-3: EMS E-COGS of Total Available Market (%), 2011 - 2016
Table 5-4: OEM TAM Forecasted for Process Control E-COGS by Product ($M),
2011 - 2016
Table 5-5: EMS TAM Forecasted for Process Control E-COGS by Product ($M),
2011 - 2016
Table 5-6: OEM TAM Forecasted for Test & Measurement E-COGS by Product
($M), 2011 - 2016
Table 5-7: EMS Test & Measurement Forecasted Equipment E-COGS by Product
($M), 2011 - 2016
Table 5-8: OEM Other Industrial Forecasted Equipment E-COGS by Product
($M), 2011 - 2016
Table 5-9: EMS Other Industrial Forecasted Equipment E-COGS by Product
($M), 2011 - 2016
Table 5-10: OEM Clean Energy Forecasted Equipment E-COGS by Product ($M),
2011 - 2016
Table 5-11: EMS Clean Energy Forecasted Equipment E-COGS by Product ($M),
2011 - 2016
