Market Overview:
The global DIN-rail thermostats market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for programmable thermostats and the growing awareness about energy savings among consumers. In terms of type, the global DIN-rail thermostats market is segmented into non-programmable thermostats and programmable thermostats. The programmable thermostat segment is expected to grow at a higher CAGR than the non-programmable thermometer segment during the forecast period from 2018 to 2030.
Product Definition:
A DIN-rail thermostat is a device that is used to control the temperature of a system. It can be used to regulate the temperature of a room, or to control the temperature of an industrial process.
Non-Programmable Thermostats:
Non-programmable thermostats are used in residential and commercial applications for temperature control. They are also used in railway carriages, ships, aircraft and trucks for the same purpose. The product is available with different functions such as heating only, cooling only or both heating & cooling along with some other features such as time delay function, 24/7 operation mode etc.
Programmable Thermostats:
Programmable thermostats are electronic devices that can be used to switch on/off a heating process or a cooling process. They can also be used to set the desired temperature range for each season. Programmable thermostats have gained popularity owing to their energy-saving features and ability to maintain constant temperature in residential as well as commercial places such as hospitals, schools, offices, etc.
Application Insights:
The electric kettle segment is expected to witness the fastest growth over the forecast period. Electric kettles are widely used in households as an easy and convenient way of heating water. The product has a wide application scope in hotels, restaurants, hospitals, educational institutions and other commercial buildings. Programmable thermostats are considered more reliable compared to non-programmable thermostats as they have features such as time settings and automatic temperature control system for different appliances. These features ensure that the appliance is operated at optimum efficiency throughout its life cycle without fail or error messages which may cause irritation or confusions among consumers.
The air conditioning segment dominated the global market with a share of 23% in 2017 owing to its extensive usage across residential areas especially during hot summers months resulting into high demand for products from various markets including North America, Europe, Asia Pacific and Middle East & Africa regions contributing towards overall revenue share by application type within this industry verticals analysis platform (HAP).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing industrialization and rapid urbanization in the region. Moreover, rising disposable income levels are anticipated to fuel product demand over the forecast period.
North America was valued at USD X billion in 2017 owing its large base manufacturing electric kettle segment followed by air conditioning segment on account programmable thermostats dominating residential sector across U.S.
Growth Factors:
- Increasing demand for energy-efficient devices: The global market for DIN-rail thermostats is expected to grow at a CAGR of more than 5% during the forecast period. This can be attributed to the increasing demand for energy-efficient devices across the world.
- Rising awareness about energy conservation: There is a growing awareness among consumers about the importance of conserving energy and its impact on environment and economy. This is driving the demand for DIN-rail thermostats, which offer high efficiency in terms of power consumption.
- Technological advancements: The development of new technologies has led to the introduction of innovative products in the market, including DIN-rail thermostats that are equipped with advanced features such as Wi-Fi connectivity and programmable timers. This is helping to boost growth prospects for this market segment during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
DIN-Rail Thermostats Market Research Report
By Type
Non-Programmable Thermostats, Programmable Thermostats
By Application
Electric Kettle, Air Conditioning, Refrigerator, Microwave, Dishwasher, Water Heater, Others
By Companies
DANFOSS, Siemens, Schneider Electric, Strix, Johnsoncontrols, HONEYWELL, saswell, Otter Controls, Jiujiang HengTong, FOLAND, DANFOSS, Jiu Long thermostat, Development Alliance Automatic, FSTB, Sunlight
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global DIN-Rail Thermostats Market Report Segments:
The global DIN-Rail Thermostats market is segmented on the basis of:
Types
Non-Programmable Thermostats, Programmable Thermostats
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
Electric Kettle, Air Conditioning, Refrigerator, Microwave, Dishwasher, Water Heater, 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:
- DANFOSS
- Siemens
- Schneider Electric
- Strix
- Johnsoncontrols
- HONEYWELL
- saswell
- Otter Controls
- Jiujiang HengTong
- FOLAND
- DANFOSS
- Jiu Long thermostat
- Development Alliance Automatic
- FSTB
- Sunlight
Highlights of The DIN-Rail Thermostats 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:
- Non-Programmable Thermostats
- Programmable Thermostats
- By Application:
- Electric Kettle
- Air Conditioning
- Refrigerator
- Microwave
- Dishwasher
- Water Heater
- 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 DIN-Rail Thermostats 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
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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?
DIN-Rail thermostats are a type of temperature control device that is typically used in industrial applications. They are made up of a metal rail system that runs along the length of the device, and each rail has several temperature sensors embedded within it. When you turn on the thermostat, it will scan through all of the sensors to find its target temperature and then activate or deactivate heat based on that information.
Some of the major companies in the din-rail thermostats market are DANFOSS, Siemens, Schneider Electric, Strix, Johnsoncontrols, HONEYWELL, saswell, Otter Controls, Jiujiang HengTong, FOLAND, DANFOSS, Jiu Long thermostat, Development Alliance Automatic, FSTB, Sunlight.
The din-rail thermostats market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 DIN-Rail Thermostats 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 DIN-Rail Thermostats Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 DIN-Rail Thermostats 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 DIN-Rail Thermostats 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 DIN-Rail Thermostats Market Size & Forecast, 2018-2028
4.5.1 DIN-Rail Thermostats Market Size and Y-o-Y Growth
4.5.2 DIN-Rail Thermostats Market Absolute $ Opportunity
Chapter 5 Global DIN-Rail Thermostats 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 DIN-Rail Thermostats Market Size Forecast by Type
5.2.1 Non-Programmable Thermostats
5.2.2 Programmable Thermostats
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global DIN-Rail Thermostats 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 DIN-Rail Thermostats Market Size Forecast by Applications
6.2.1 Electric Kettle
6.2.2 Air Conditioning
6.2.3 Refrigerator
6.2.4 Microwave
6.2.5 Dishwasher
6.2.6 Water Heater
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global DIN-Rail Thermostats 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 DIN-Rail Thermostats 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 DIN-Rail Thermostats Analysis and Forecast
9.1 Introduction
9.2 North America DIN-Rail Thermostats 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 DIN-Rail Thermostats Market Size Forecast by Type
9.6.1 Non-Programmable Thermostats
9.6.2 Programmable Thermostats
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 DIN-Rail Thermostats Market Size Forecast by Applications
9.10.1 Electric Kettle
9.10.2 Air Conditioning
9.10.3 Refrigerator
9.10.4 Microwave
9.10.5 Dishwasher
9.10.6 Water Heater
9.10.7 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 DIN-Rail Thermostats Analysis and Forecast
10.1 Introduction
10.2 Europe DIN-Rail Thermostats 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 DIN-Rail Thermostats Market Size Forecast by Type
10.6.1 Non-Programmable Thermostats
10.6.2 Programmable Thermostats
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 DIN-Rail Thermostats Market Size Forecast by Applications
10.10.1 Electric Kettle
10.10.2 Air Conditioning
10.10.3 Refrigerator
10.10.4 Microwave
10.10.5 Dishwasher
10.10.6 Water Heater
10.10.7 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 DIN-Rail Thermostats Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific DIN-Rail Thermostats 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 DIN-Rail Thermostats Market Size Forecast by Type
11.6.1 Non-Programmable Thermostats
11.6.2 Programmable Thermostats
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 DIN-Rail Thermostats Market Size Forecast by Applications
11.10.1 Electric Kettle
11.10.2 Air Conditioning
11.10.3 Refrigerator
11.10.4 Microwave
11.10.5 Dishwasher
11.10.6 Water Heater
11.10.7 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 DIN-Rail Thermostats Analysis and Forecast
12.1 Introduction
12.2 Latin America DIN-Rail Thermostats 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 DIN-Rail Thermostats Market Size Forecast by Type
12.6.1 Non-Programmable Thermostats
12.6.2 Programmable Thermostats
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 DIN-Rail Thermostats Market Size Forecast by Applications
12.10.1 Electric Kettle
12.10.2 Air Conditioning
12.10.3 Refrigerator
12.10.4 Microwave
12.10.5 Dishwasher
12.10.6 Water Heater
12.10.7 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) DIN-Rail Thermostats Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) DIN-Rail Thermostats 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) DIN-Rail Thermostats Market Size Forecast by Type
13.6.1 Non-Programmable Thermostats
13.6.2 Programmable Thermostats
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) DIN-Rail Thermostats Market Size Forecast by Applications
13.10.1 Electric Kettle
13.10.2 Air Conditioning
13.10.3 Refrigerator
13.10.4 Microwave
13.10.5 Dishwasher
13.10.6 Water Heater
13.10.7 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 DIN-Rail Thermostats Market: Competitive Dashboard
14.2 Global DIN-Rail Thermostats Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DANFOSS
14.3.2 Siemens
14.3.3 Schneider Electric
14.3.4 Strix
14.3.5 Johnsoncontrols
14.3.6 HONEYWELL
14.3.7 saswell
14.3.8 Otter Controls
14.3.9 Jiujiang HengTong
14.3.10 FOLAND
14.3.11 DANFOSS
14.3.12 Jiu Long thermostat
14.3.13 Development Alliance Automatic
14.3.14 FSTB
14.3.15 Sunlight
