Establishments primarily engaged in manufacturing industrial instruments and related products for measuring, displaying (indicating and/or recording), transmitting, and controlling process variables in manufacturing, energy conversion, and public service utilities. These instruments operate mechanically, pneumatically, electronically, or electrically to measure process variables, such as temperature, humidity, pressure, vacuum, combustion, flow, level, viscosity, density, acidity, alkalinity, specific gravity, gas and liquid concentration, sequence, time interval, mechanical motion, and rotation. Establishments primarily engaged in manufacturing electrical integrating meters are classified in Industry 3825; those manufacturing residential and commercial comfort controls are classified in Industry 3822; those manufacturing all liquid-in-glass and bimetal thermometers and glass hydrometers are classified in Industry 3829; those manufacturing recorder charts are classified in Industry Group 275; and those manufacturing analytical and optical instruments are classified in Industries 3826 and 3827.
The Industrial Instruments for Measurement, Display, and Control of Processing industry (NAICS 3823) is experiencing significant shifts driven by technological advancements and changing market demands. One notable trend is the increasing integration of Internet of Things (IoT) technologies, enabling more sophisticated data collection and real-time analytics. This allows for enhanced automation and predictive maintenance capabilities, reducing downtime and operational costs.
Another emerging trend is the rising importance of cybersecurity in measurement and control systems. As these systems become more interconnected, the vulnerability to cyber threats increases, prompting companies to invest in robust security measures. Additionally, there is a growing emphasis on sustainability and energy efficiency, with enterprises prioritizing instruments that help monitor and minimize resource consumption.
Looking ahead, the industry is expected to continue its trajectory towards greater digitalization. Artificial intelligence (AI) and machine learning (ML) applications will play a crucial role in processing complex data sets and optimizing industrial processes. Furthermore, as industries like manufacturing and energy transition towards more automated and intelligent operations, demand for advanced industrial instruments is projected to rise steadily. Investment in research and development will likely surge, fostering innovation and the introduction of next-generation measurement and control solutions.
Absorption analyzers, industrial process type: e.g., infrared, X-ray
Analyzers, industrial process type
Annunciators, relay and solid-state types: industrial display
Boiler controls: industrial, power, and marine type
Buoyancy instruments, industrial process type
Chromatographs, industrial process type
Combustion control instruments, except commercial and household
Computer interface equipment for industrial process control
Controllers for process variables: electric, electronic, and pneumatic
Coulometric analyzers, industrial process type
Data loggers, industrial process type
Density and specific gravity instruments, industrial process type
Differential pressure instruments, industrial process type
Digital displays of process variables
Draft gauges, industrial process type
Electrodes used in industrial process measurement
Electrolytic conductivity instruments, industrial process type
Flow instruments, industrial process type
Fluidic devices, circuits, and systems for process control
Gas and liquid analysis instruments, industrial process type
Gas flow computers, industrial process type
Humidity instruments, industrial process type
Hydrometers, industrial process type
Industrial process control instruments
Infrared instruments, industrial process type
Level and bulk measuring instruments, industrial process type
Liquid analysis instruments, industrial process type
Liquid concentration instruments, industrial process type
Liquid level instruments, industrial process type
Magnetic flow meters, industrial process type
Manometers, industrial process type
Moisture meters, industrial process type
Nuclear reactor controls
Panelboard indicators, recorders and controllers: receiver type
Potentiometric self-balancing instruments, except X-Y plotters
Pressure gauges, dial and digital
Pressure instruments, industrial process type
Primary elements for process flow measurement: orifice plates
Programmers, process type
Pyrometers, industrial process type
Refractometers, industrial process type
Resistance thermometers and bulbs, industrial process type
Telemetering instruments, industrial process type
Temperature instruments: industrial process type, except glass and
Thermal conductivity instruments, industrial process type
Thermistors, industrial process type
Thermocouples, industrial process type
Thermometers, filled system: industrial process type
Time cycle and program controllers, industrial process type
Transmitters of process variables, standard signal conversion
Turbidity instruments, industrial process type
Turbine flow meters, industrial process type
Viscosimeters, industrial process type
Water quality monitoring and control systems
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.