Emerson is one of the world’s largest manufacturers of Industrial Equipment and Components. Emerson is a well-diversified global manufacturing and technology company that offers a wide range of products and services in the areas of process management, climate technologies, network power, storage solutions, professional tools, appliance solutions, motor technologies, and industrial automation. They are strongly known for their engineering capabilities and management excellence. Emerson has over 137,000 employees and roughly 265 manufacturing locations worldwide and headquarters in Missouri. Emerson was established in 1890 and is engaged in designing and supplying product technology and delivering engineering services in a range of industrial, commercial and consumer markets globally. The business segments of the company include Process Management, Industrial Automation, Network Power, and Climate Technologies which all provides and a huge variety of products and services. Anywhere from providing measurements, control and diagnostic capabilities for automated industrial processes, producing items, such as foods, fuels, medicines and power, environmental conditioning and reliability, data networks and critical business applications continuously operating; climate technologies for household and commercial comfort, down to food safety and energy efficiency through air-conditioning and refrigeration technology, and appliance and tools.
After extensive research of the Industrial Equipment & Components Industry, Porter's Five Forces displayed many opportunities and threats. The first phase of the industrial analysis looks at the competitive nature of most companies. Due to the consistent growth of this industry ...