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This brings forth threats and opportunities in the current rivalry sector. There are many competitors within this industry but there are not many big players. Companies such as Emerson, General Electric, Hitachi Ltd, and ABB Ltd are some of the top manufactures in this industry in the world. This is an opportunity for these companies because they can control and influence the market. The products of this industry are at a high demand which means that it is essential to consumers. In a result to this, numerous companies have to compete to be profitable within this industry. Some companies may not be able to take competitive actions which can lead to company’s failure, while other companies can take advantage and use it at their will...
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