Industry
The U.S. Industry segment had revenue of $1.2 billion in 2011. U.S. revenue in 2012 is expected to reach $1.5 billion, a 24% year-over-year increase.
The Industry segment is made up of two subsegments: Manufacturing Machinery and Process Equipment, and Industrial Combined Heat and Power (CHP). Due to lack of available data, only U.S. market data is included for the Manufacturing Machinery and Process Equipment subsegment. Furthermore, revenue from Industrial Energy Management Systems is the only product category included in that subsegment. Therefore, the market value for the Industry segment is considerably understated; as analyzed here, it had global revenue of $1.7 billion in 2011, and is estimated to be just over $1.9 billion in 2012, for growth of 11%.
The U.S. Industry segment had revenue of $1.2 billion in 2011, with Manufacturing Machinery and Process Equipment representing 80% of revenues. U.S. revenue in 2012 is expected to reach $1.5 billion, a 24% year-over-year increase.
The Industry segment in the United States had an overall economic impact on 2011 U.S. GDP of $1.9 billion, derived from the domestic content associated with U.S. Industry segment revenue. This economic activity generated $190 million in federal tax revenue and an additional $88 million in state and local tax revenue. This economic impact does not include the additional economic benefits of exports from the United States to global markets.
Economic Impact
gross domestic product
The Industry segment contributed $1.9 billion in increased U.S. GDP in 2011.
advanced energy in action
Pulling double duty with industrial combined heat and power
Making efficient use of fuels to co-produce electricity and heat helps industry stay competitive and is good for the environment.
Secure, Clean, Affordable
Electric Motor Efficiency
More efficient electric motors can produce billions in savings across the United States.
Process Control and Continuous Improvement
Sensors, modeling and other methods strengthen manufacturing, lower costs and emissions
Industrial Combined Heat and Power
By utilizing waste heat, an integrated CHP system can increase total efficiency to up to 80%
Better Electric Motors Drive Industrial Efficiency
Advances in electric motors and variable speed drives cut energy use and reduce operating costs for manufacturers.
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