Market Overview:
The global heat treatment temperature control equipment 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 heat treatment temperature control equipment from the metal processing and plastic processing industries. In addition, the growing demand for these products in emerging economies such as China and India is also contributing to the growth of this market. The global heat treatment temperature control equipment market can be segmented on the basis of type into ON/OFF and PID controllers. The ON/OFF controllers segment is expected to dominate this market during the forecast period owing to their low cost and easy installation. However, PID controllers are expected to grow at a higher CAGR than ON/OFF controllers during the forecast period as they offer better accuracy and precision in controlling temperatures. On the basis of application,the global heat treatment temperature control equipmentmarket can be divided into three segments: metal processing, plastic processing,and other applications such as food & beverageprocessing, rubber & plasticsprocessing, etc.).
Product Definition:
Heat Treatment Temperature Control Equipment is important because it helps to maintain the temperature of the material being heat treated. This equipment is used to help control the temperature during the heating and cooling process, which can affect the properties of the material.
ON/OFF:
ON/OFF, it's usage and growth factor in Heat Treatment Temperature Control Equipment market is analyzed by segmenting the global ON/OFF, it's usage and growth factor in Heat Treatment Temperature Control Equipment market on the basis of application. The application segment includes automotive & transportation, food & beverages processing industry. ON/OFF temperature control equipment are widely used across numerous applications including heating systems for plastics molding process; metal casting process; paper making process; rubber curing (heating) operations.
PID:
The process temperature is the most crucial variable in heat treatment equipment. It must be controlled with great accuracy to get high quality products. Process temperature control can be achieved by using a variety of devices such as controllers, sensors, and fans among others. The most commonly used device for process temperature control is the Programmable Logic Controller (PLC). PLCs are programmed to follow certain recipes or algorithms that determine material properties at a specific set of temperatures.
Application Insights:
Metal processing application led the global market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to its rising use in various industries such as automotive, construction and energy. In addition, increasing demand for metals from countries such as China and India is expected to further propel industry growth over the coming years.
Plastic processing was the second largest application segment in 2017 and accounted for a share of 15%. This can be attributed to growing use of plastics in various end-use industries including construction materials, electrical & electronics components and medical devices among others.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for heat treatment equipment from various end-use industries, such as metal processing, plastic processing and other. In North America, the U.S is expected to remain a prominent consumer owing to its well-established manufacturing sector and growing automotive industry.
Asia Pacific is projected to witness significant growth over the forecast period owing to rising investments by key players in this region for manufacturing high quality products at competitive prices with superior efficiency levels within tight schedules with minimal defects or scrap products as per customer requirements are some of the prime factors driving regional demand. Moreover, favorable government policies regarding research & development activities are anticipated to further propel product adoption across numerous end-use industries within Asia Pacific during future years (2030).
Growth Factors:
- Increasing demand for heat treatment in various end-use industries such as automotive, aerospace, and defense to improve the quality of products.
- Growing popularity of tempering and quenching processes to enhance the mechanical properties of metals and alloys.
- Rising investments by manufacturers in R&D activities to develop innovative heat treatment technologies.
- Proliferation of automated systems for controlling temperature during the heating process that offer improved accuracy and repeatability.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Treatment Temperature Control Equipment Market Research Report
By Type
ON/OFF, PID
By Application
Metal Processing, Plastic Processing, Other
By Companies
Fuji Electric, Tense Elektronik, akYtec, Samwontech, Panasonic, Shihlin Electric&Engineering, Siemens
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 Heat Treatment Temperature Control Equipment Market Report Segments:
The global Heat Treatment Temperature Control Equipment market is segmented on the basis of:
Types
ON/OFF, PID
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
Metal Processing, Plastic Processing, Other
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:
- Fuji Electric
- Tense Elektronik
- akYtec
- Samwontech
- Panasonic
- Shihlin Electric&Engineering
- Siemens
Highlights of The Heat Treatment Temperature Control Equipment 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:
- ON/OFF
- PID
- By Application:
- Metal Processing
- Plastic Processing
- Other
- 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 Heat Treatment Temperature Control Equipment 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
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Heat treatment temperature control equipment is used to maintain the desired heat treatment temperature within a controlled range. This equipment can include controllers, thermocouples, and fans.
Some of the major players in the heat treatment temperature control equipment market are Fuji Electric, Tense Elektronik, akYtec, Samwontech, Panasonic, Shihlin Electric&Engineering, Siemens.
The heat treatment temperature control equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat Treatment Temperature Control Equipment 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 Heat Treatment Temperature Control Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Treatment Temperature Control Equipment 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 Heat Treatment Temperature Control Equipment 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 Heat Treatment Temperature Control Equipment Market Size & Forecast, 2020-2028
4.5.1 Heat Treatment Temperature Control Equipment Market Size and Y-o-Y Growth
4.5.2 Heat Treatment Temperature Control Equipment 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 ON/OFF
5.2.2 PID
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 Metal Processing
6.2.2 Plastic Processing
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Treatment Temperature Control Equipment 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 Heat Treatment Temperature Control Equipment 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 ON/OFF
9.6.2 PID
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 Metal Processing
9.10.2 Plastic Processing
9.10.3 Other
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 ON/OFF
10.6.2 PID
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 Metal Processing
10.10.2 Plastic Processing
10.10.3 Other
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 ON/OFF
11.6.2 PID
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 Metal Processing
11.10.2 Plastic Processing
11.10.3 Other
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 ON/OFF
12.6.2 PID
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 Metal Processing
12.10.2 Plastic Processing
12.10.3 Other
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 ON/OFF
13.6.2 PID
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 Metal Processing
13.10.2 Plastic Processing
13.10.3 Other
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 Heat Treatment Temperature Control Equipment Market: Competitive Dashboard
14.2 Global Heat Treatment Temperature Control Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fuji Electric
14.3.2 Tense Elektronik
14.3.3 akYtec
14.3.4 Samwontech
14.3.5 Panasonic
14.3.6 Shihlin Electric&Engineering
14.3.7 Siemens
