Tactical Analysis of the World Industrial/Medical Electronics Market & Supply Chain - 2008 Edition

The industrial/medical sector has risen in importance at many semiconductor and component vendors over the last few years as suppliers have come to identify the market as dependable throughout the entire economic cycle. Accordingly, many vendors have been actively advancing their understanding of this diverse sector, to benefit from the opportunities offered as growth in other sectors slows.

Unlike other markets however, the application base making up the industrial and medical sector covers an extremely broad range, from factory automation to test & measurement to consumer medical. Accordingly, the supply chain is exceptionally fragmented, with few OEMs covering the broad market and most focused on just one or two areas. This makes a tactical analysis of leading manufacturers an extremely complicated and time consuming process for vendors to undertake comprehensively.

To support this need, Semicast has developed this study to focus on the tactical needs of suppliers looking to identify the key equipment types driving manufacturer revenues in the industrial and medical sector and who the leading OEMs are to focus resource on. It provides analysis of equipment production volumes, manufacturer sales prices and manufacturer revenues for 140 equipment types, along with market share estimates for leading manufacturers in each of the main industrial and medical segments and sub-segments.

This study has been developed to be used as a companion report to the Semicast study "Industrial/Medical Semiconductor Service", which provides analysis of strategic trends for semiconductors in industrial and medical applications. Used together, the two reports can provide a comprehensive tactical and strategic analysis of the industrial and medical sector for semiconductor and component vendors.

• End-equipment revenues in the combined industrial/medical sector are forecast to grow from $525 billion in 2007 to $775 billion in 2013, a CAGR of almost 7%.
• Highest revenue growth is forecast for Factory Automation & Control, Lighting/Building Automation/HVAC&R and Medical Imaging & Diagnostics.
• Highest cumulative revenues from 2007 to 2013 are forecast for Industrial Transport.
• Caterpillar, Deere & Co. and United Technologies are estimated to have been the 3 largest OEMs supplying the industrial/medical sector in 2007, with GE and Siemens completing the top 5.
• The 50 leading OEMs supplying the industrial/medical sector represented almost two-thirds of end-equipment revenues in 2007. Understanding who these companies are and in which segments they operate is thus critical to success in industrial and medical applications.

• Scope and specification developed specifically to meet tactical needs of semiconductor suppliers.
• Analysis of 140 industrial/medical equipment types (full list provided below).
• Estimate and forecast for worldwide production volumes for each equipment type (2007-13).
• Estimate and forecast for manufacturer average prices for each equipment type (2007-13).
• Estimate and forecast for manufacturer revenues for each equipment type (2007-13).
• Identification and ranking of 300 manufacturers with industrial/medical equipment revenues in excess of $100 million in 2007.
• 22 tables summarizing market share estimates of the leading manufacturers in each market segment and sub-segment in 2007.
• Highly quantitative analysis, with discussion summarized in short, easy to read bullet points.
• PDF and Excel delivery options available.
• Analyst support time to answer all reasonable questions relating to forecasts and conclusions.

• Factory Automation: Control & Compute [Industrial Ethernet Infrastructure, Computer Numerical Control, Motion & Position Controllers, Ruggedized/Industrial PCs, Single Board Computers, HMIs & Operator Panels, Machine Vision Inspection Systems, PLCs & PACs, Distributed & Remote I/O Modules] ; Process Measurement & Field Instruments [Process Analytical Instruments, Flow Measurement, Level Measurement, Pressure Measurement, Temperature Measurement, Process Variable Transmitters, Telemetry / RTUs, Process/Temperature Controllers, Position Sensing] ; Switchgear [Circuit Breakers, Contactors, Protection Relays, Solid State Relays] ; Other Automation [Pumps, Robotics, Semiconductor Manufacturing & Test Equipment, Welding].
• Motor Drives: AC Variable Speed Drives, DC Drives, Servo Drives, Stepper Drives, Soft Starters/Brakes.
• Lighting, Building Automation & HVAC&R: Lighting [Electronic Lighting Ballasts, Exit & Emergency Exit Lighting, Lighting Controls, Street/Traffic Lighting & Control] ; Building Automation [Fire Detection, Fire Alarm Control Panels & Annunciators, Fire Alarm Notification, Intruder Alarm Control Panels, Intruder Detection & Notification, CCTV/Video Surveillance Cameras, CCTV/Video Surveillance Equipment, Electronic Access Control, Time & Attendance Equipment, Elevators & Escalators] ; HVAC & Refrigeration [Boilers & Warm Air Furnaces, Circulator Pumps, Compressors, Electronic Room Thermostats & Controls, Humidifiers/Dehumidifiers, Unitary Air Conditioners, Commercial Refrigeration] ; Environment [Electronic Utility Metering, Electronic Sanitation Control, Actuator Driven Blinds, Doors & Windows].
• EPOS, EFT & ID: ATM (Automated Teller Machines), Handheld EFT Transaction Terminals, POS Authentication Pads, EPOS/ECR/Cash Drawer, Handheld Data Terminals, Fuel Dispensers, Vending/Payment/Change Machines, Card Readers, Coin Acceptors & Currency Validators, Printers, Scanners, Smart Cards.
• Test & Measurement: Application Specific T&M [Automotive Test Equipment, DSL Test Equipment, Fiber Optic Test Equipment, LAN/MAN/WAN Test Equipment, SONET/SDH Test Equipment, Wireless Comms Test Equipment, Other Test Equipment] ; General Purpose T&M [Counters & Timers, Logic Analyzers, LCR Meters, Digital Multimeters, Network Analyzers, Digital Oscilloscopes, PC-based Test Equipment, RF Power Meters, PXI/VXI-based Test Equipment, Resistance Meters, Signal/Function Generators, Spectrum Analyzers, Other General Purpose T&M] ; Instrumentation [Calibration Instruments, pH/ORP Instruments, Chart Recorders & Data Acquisition, Laboratory Instrumentation, Scales & Weighing, X-Ray Instrumentation].
• Consumer Medical: Blood Glucose Meters, Blood Pressure Monitors, Electronic Cholesterol Monitors, Heart Monitors & Pedometers, Electronic Thermometers, Pregnancy Testers/Fertility Monitors
• Medical Imaging & Diagnostics: Medical Imaging [CT, Ultrasound, MRI, PET/PET-CT, Analog X-Ray, Digital X-Ray, Picture Archiving & Communications (PACS)] ; Diagnostics, Therapy & Monitoring [ECG, Dialysis Machines, Medical Ventilators, Professional Care Diagnostics Equipment, Multiparameter Patient Monitors, Medical Lasers, Medical Endoscopes, Infusion Pumps, Pacemakers, Implantable Cardioverter Defibrillators (ICDs), Cardiac Resynchronization Therapy (CRT), Pain Management Devices, External Defibrillators, Analog Hearing Aids, Digital Hearing Aids, Fitness Machines, Electronic Beds, Wheelchairs, Powered Scooters].
• Power & Energy: AC/DC Power Supplies, DC/DC Converters, DC/AC Power Inverters, Industrial Battery Chargers, UPS, Generators, Renewable Energy (Hydro/Solar/Wind).
• Industrial Transport: Construction & Lifting Machinery, Farm Vehicles & Machinery, Materials Handling Vehicles, Refrigerated Trailers, Electric Motorized Vehicles, Trains/Trams/Subway Carriages.

The study segments the market for industrial/medical systems into 9 segments and further sub-segments and provides worldwide manufacturer market share estimates for each area in 2007:

• Factory Automation & Control (into Control & Compute, Process Measurement & Field Instruments, Switchgear, Misc. Automation)
• Motor Drives
• Lighting/Building Automation /HVAC&R (into Lighting, Building Automation, HVAC & Refrigeration, Environment)
• EPOS, EFT & ID
• Test & Measurement (into Application Specific Test & Measurement, General Purpose Test & Measurement, Instrumentation)
• Consumer Medical
• Medical Imaging & Diagnostics (into Medical Imaging, Diagnostics/Therapy & Monitoring)
• Power & Energy
• Industrial Transport

Colin Barnden is principal analyst at Semicast. Prior to Semicast, he worked for 12 years at IMS Research, rising to the position of Senior Research Director of its Semiconductor Research Group and responsible for analyst coverage on the analog/mixed signal, optoelectronic and embedded processing industries. Colin also set-up and established IMS Research' s Automotive Electronics Group. During his tenure, Colin authored dozens of reports and became a well respected industry analyst. He holds a B.S. in Electronic Engineering from Aston University, England.