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Yokogawa Electric

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Yokogawa Electric - ICT showcase

Year Founded & Workforce

1915

18,646 Employees

Industry

ICT

Services

Industrial Automation Market
Y

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Yokogawa Electric Overview

Company Headquarters: Japan

Founded: 1915

Workforce: ~18,646

Company Working: Yokogawa Electric offers measurement, control, and information technology products in Asia, Europe, North America, and the Middle East. It operates through three business segments, namely, industrial automation & control, test & measurement, and aviation and other. The industrial automation and control segment provides field instruments such as flow meters, pressure transmitters, process analyzers, control systems, programmable logic controllers, and various software products and services.

Strategy

Yokogawa is focused on automation and digitization, following organic as well as inorganic growth strategies. The company invests heavily in R&D to expand its product portfolio. Yokogawa has developed its presence in various regions. The company’s other expansion strategies include mergers & acquisitions, strengthening technical expertise, and increasing the customer base.

Company Snapshot

$3,530M

Revenue

18,646

Employees

1915

Founded

Japan

Headquarters

SWOT Analysis

Strengths

  • Wide regional presence
  • Strong product portfolio
  • Focus on R&D

Weaknesses

  • Technical vulnerabilities in-network service such as system crashes, cyber

Opportunities

  • Growth of the global smart factory market
  • Rising demand for SCADA systems in various industries

Threats

  • Intense competition in the market

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Key Developments

DateApproachDevelopment
September 2022Product LaunchThe OpreXTM Magnetic Flowmeter CA Series has been released, according to Yokogawa Electric Corporation. The OpreX Field Instruments family has released this new product series as the replacement for the ADMAG CA Series.

Product Offering

  • Yokogawa Electric
    • Industrial Automation Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 3.5 Mn in 2019 to USD 2.9 Mn in 2021.
Yokogawa Electric — By Business Segment
Series (USD Mn)201920202021
Sales3.53.52.9

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