Market Overview:
The global cryogenic temperature controller market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cryogenic temperature controllers in various applications such as chemical industry, medical industry, and others. In addition, the growing demand for cryogenic temperature controllers from emerging economies is also contributing to the growth of this market.
Product Definition:
Cryogenic Temperature Controller is a device that helps to maintain the temperature of cryogenic substances by regulating the amount of heat that is allowed to reach it. This is important because if a cryogenic substance were to get too hot, it could cause damage or even explosions.
Two Channel Cryogenic Temperature Controller:
Two-channel cryogenic temperature controller is a device that controls the temperature of two or more independently powered systems. It can be used to achieve accurate control over process temperatures in industries such as chemical, oil & gas and power generation. The growth factor for this market is the increasing demand from end-user industries for efficient and cost effective solutions to manage their processes.
Four Channel Cryogenic Temperature Controller:
The four-channel cryogenic temperature controller is a device that is used to control the temperature of a system. It consists of four channels, which can be used simultaneously or in series. The controller has an on-board processor and memory, which allows it to set up thermal profiles for different applications.
The market size for Four Channel Cryogenic Temperature Controller was valued at USD 31 million in 2015.
Application Insights:
The chemical industry was the largest application segment in 2017 and accounted for a market share of over 35% in terms of revenue. The growth can be attributed to the increasing demand for chemicals across various end-use industries such as automotive, construction, consumer electronics and appliances among others. In addition, factors such as low power consumption by cryogenic controllers make them suitable for use in industrial applications where electricity is expensive.
Cryogenic temperature controller finds application across several industries including medical & pharmaceuticals owing to its benefits such as precise temperature control with safety features that prevent any damage caused by overheating or freezing at improper temperatures.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing demand for pharmaceuticals and chemicals in emerging economies such as China, India, and Japan. In addition, rising investments in R&D by various companies are anticipated to fuel the chemical manufacturing industry across Asia Pacific thereby driving the demand for cryogenic temperature controllers over the forecast period.
Europe is also estimated to witness significant growth during the same period owing to growing medical tourism in countries including Germany, U.K., Spain, Italy among others which are highly regulated by regulatory bodies pertaining cryogenics such as CSA/EU or ASME Boilers & Pressure Vessels Code (BVPC).
Growth Factors:
- Increasing demand for cryogenic temperature controllers in the medical and pharmaceutical industries for controlling the temperature of drugs, vaccines, and other biological products.
- Growing demand from the food and beverage industry for controlling the temperature of food products during storage and transportation.
- Rising adoption of cryogenic temperature controllers in research laboratories to control the temperature of samples during experiments.
- Increasing use of cryogenic cooling systems in data centers to maintain optimum temperatures for servers and other electronic equipment housed therein.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cryogenic Temperature Controller Market Research Report
By Type
Two Channel Cryogenic Temperature Controller, Four Channel Cryogenic Temperature Controller
By Application
Chemical Industry, Medical Industry, Others
By Companies
LOT-QuantumDesign, Lake Shore Cryotronics, Janis Research, Abbess Instruments & Systems, Carel, ISE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Cryogenic Temperature Controller Market Report Segments:
The global Cryogenic Temperature Controller market is segmented on the basis of:
Types
Two Channel Cryogenic Temperature Controller, Four Channel Cryogenic Temperature Controller
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industry, Medical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LOT-QuantumDesign
- Lake Shore Cryotronics
- Janis Research
- Abbess Instruments & Systems
- Carel
- ISE
Highlights of The Cryogenic Temperature Controller Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Two Channel Cryogenic Temperature Controller
- Four Channel Cryogenic Temperature Controller
- By Application:
- Chemical Industry
- Medical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cryogenic Temperature Controller Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cryogenic temperature controller is a device used to maintain a specific temperature in an environment where the temperature can fluctuate. This type of controller is often used in laboratories and factories where temperatures can be very cold or very hot.
Some of the major companies in the cryogenic temperature controller market are LOT-QuantumDesign, Lake Shore Cryotronics, Janis Research, Abbess Instruments & Systems, Carel, ISE.
The cryogenic temperature controller market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cryogenic Temperature Controller Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cryogenic Temperature Controller Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cryogenic Temperature Controller Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cryogenic Temperature Controller Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cryogenic Temperature Controller Market Size & Forecast, 2020-2028 4.5.1 Cryogenic Temperature Controller Market Size and Y-o-Y Growth 4.5.2 Cryogenic Temperature Controller Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Two Channel Cryogenic Temperature Controller
5.2.2 Four Channel Cryogenic Temperature Controller
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Medical Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cryogenic Temperature Controller Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cryogenic Temperature Controller Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Two Channel Cryogenic Temperature Controller
9.6.2 Four Channel Cryogenic Temperature Controller
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Medical Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Two Channel Cryogenic Temperature Controller
10.6.2 Four Channel Cryogenic Temperature Controller
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Medical Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Two Channel Cryogenic Temperature Controller
11.6.2 Four Channel Cryogenic Temperature Controller
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Medical Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Two Channel Cryogenic Temperature Controller
12.6.2 Four Channel Cryogenic Temperature Controller
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Medical Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Two Channel Cryogenic Temperature Controller
13.6.2 Four Channel Cryogenic Temperature Controller
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Medical Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cryogenic Temperature Controller Market: Competitive Dashboard
14.2 Global Cryogenic Temperature Controller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LOT-QuantumDesign
14.3.2 Lake Shore Cryotronics
14.3.3 Janis Research
14.3.4 Abbess Instruments & Systems
14.3.5 Carel
14.3.6 ISE