NEMA's 3Q02 industrial control business indices show uneven recovery

Rosslyn, VA—The National Electrical Manufacturers Association (NEMA) reported Nov. 4 that its Primary Industrial Control Index and Primary Industrial Control and Adjustable Speed Drives Index improved slightly for 3Q02 over the same quarter a year earlier.


Rosslyn, VA —The National Electrical Manufacturers Association ion.

"Even as they improved relative to last year, in both cases the indexes actually lost some ground compared to 2Q02, which serves to highlight the rapid declines these industries experienced throughout 2001." says Steve Wilcox, NEMA's economics director.

The Primary Industrial Control Index value of 77.3 represents a 3.5% decline from 2Q02 to 3Q02, but translates into a razor-thin growth of 0.4% over 3Q01.

Compared to 2Q02, the Primary Industrial Control and Adjustable Speed Drives Index dipped just 0.6%. Coming in at a value of 99.6, the index for 3Q02 posted a solid 3.3% gain over the same period last year. Strength in the adjustable speed drive sector clearly boosted this measure relative to the Primary Industrial Control Index.

"Production of industrial machinery and investment in industrial structures have continued to slump, and a good deal of excess capacity remains in manufacturing," says Mr. Wilcox. "The combined effect of these factors has restrained the growth potential in the industrial control and adjustable speed drive sectors."

The NEMA Industrial Control Business Indices are issued quarterly by NEMA in two versions. The Primary Industrial Control Index represents U.S. orders for motor starters, contactors, terminal blocks, control circuit devices, motor control centers, sensors, programmable controllers and other industrial control devices. Because these data have been collected for some time, the primary index illustrates the market's trend over several years.

In 2001, the NEMA data collection program was expanded to include adjustable speed drives, a key energy-saving industrial component. The Primary Industrial Control and Adjustable Speed Drives Index provides a broader measure of the industrial control marketplace. Industrial control equipment, a $2.6 billion U.S. market, is primarily used in industrial applications for the control or regulation or both of power utilization apparatus, including motors. This index represents monthly sales information collected by NEMA from its members, the major industrial control manufacturers in the U.S. market. The data underlying these indices represent more than 90% percent of U.S. sales of this equipment.

Control Engineering Daily News Desk
Jim Montague, news editor

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Motor specification guidelines; Understanding multivariable control; Improving a safety instrumented system; 2017 Engineers' Choice Award Winners
Selecting the best controller from several viewpoints; System integrator advice for the IIoT; TSN and real-time Ethernet; Questions to ask when selecting a VFD; Action items for an aging PLC/DCS
Robot advances in connectivity, collaboration, and programming; Advanced process control; Industrial wireless developments; Multiplatform system integration
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
click me