Market Overview:
The global hot runner temperature control systems market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plastic products from various end-use industries, such as automotive, packaging, and construction. In addition, technological advancements in hot runner temperature control systems are also contributing to the growth of this market. Based on type, the global hot runner temperature control systems market can be segmented into single-zone portable units and multi-zone mainframe units. The single-zone portable units segment is projected to grow at a higher CAGR than the multi-zone mainframe units segment during the forecast period. This can be attributed to their low installation and maintenance costs as well as their ability to provide accurate temperatures across all zones in a mold cavity simultaneously. Based on application, the global hot runner temperature control systems market can be divided into open gate hot runner system and valve gate hot runner system segments.
Product Definition:
A hot runner temperature control system is a device that regulates the temperature of the channels in a hot runner system. This is important because if the channels are not properly regulated, they can become too hot and cause defects in the molded part.
Single-Zone Portable Units:
Single-zone portable units are used to control the temperature of a single heating zone. They can be used in conjunction with any type of HRTCS system, including coiled tubing, open tube, and welded pipe. Single-zone portable units are most commonly utilized for controlling the flow rate and/or temperature of fluidized bed combustion (FBC) systems; however they can also be used for other applications such as oil burners or gas fired equipment.
Multi-Zone Mainframe Units:
Multi-zone mainframe units (MZMSU) are used in the control system of hot runner temperature control systems. Hot runner temperature control is a type of heat treatment process that is widely used to obtain high quality steel with low carbon and sulfur content. The process controls the heating and cooling processes so that all zones have an equal opportunity to obtain the desired microstructure and temperatures.
Application Insights:
The open gate hot runner system was the most widely used type of system in 2017. It is a cost-effective solution and can be installed at multiple locations with ease of maintenance. The valve gate hot runner system is expected to witness the fastest growth over the forecast period owing to its ability to control process temperature precisely within limits, which helps in avoiding any damage or corrosion caused due to overheating.
Hot runner systems are used for various applications such as automotive manufacturing, metalworking, glass production and others where precise temperature control is required for material handling or processing steps. Open-gate systems are preferred for large scale industrial processes while valve-gate systems are preferred for smaller volume production runs across diverse industries worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for energy and power in emerging economies, such as China and India. In addition, rising industrialization coupled with growing population will drive product demand further.
The Middle East & Africa is also likely to witness significant growth over the coming years owing to rapid development of industries including oil & gas, petrochemicals, chemicals among others across countries such as Saudi Arabia and Qatar.
North America region accounted for a revenue share of more than 20% in 2017 owing both ends of price range; i.e.
Growth Factors:
- Increasing demand for plastic products in automotive and consumer durables industries
- Growing awareness about the benefits of using hot runner temperature control systems in manufacturing processes
- Technological advancements in hot runner temperature control systems that offer better performance and efficiency
- Rising demand for customized hot runner temperature control systems to meet specific requirements of end-users
- Growing adoption of hot runner temperature control systems by small and medium-sized enterprises
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Runner Temperature Control Systems Market Research Report
By Type
Single-Zone Portable Units, Multi-Zone Mainframe Units
By Application
Open Gate Hot Runner System, Valve Gate Hot Runner System
By Companies
Yudo Group, Milacron, Barnes Group (Synventive), Husky, Incoe, Seiki Corporation, EWIKON, Gunther, Gammaflux, HRS-Flow (INglass Spa), Hasco, Mastip Technology, Hotsys, Meusburger (PSG), Misumi (PCS Company), Suzhou HTS Moulding, Shanghai ANRY Mold, Shanghai SURE Hot Runner Electrical
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Hot Runner Temperature Control Systems Market Report Segments:
The global Hot Runner Temperature Control Systems market is segmented on the basis of:
Types
Single-Zone Portable Units, Multi-Zone Mainframe Units
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
Open Gate Hot Runner System, Valve Gate Hot Runner System
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:
- Yudo Group
- Milacron
- Barnes Group (Synventive)
- Husky
- Incoe
- Seiki Corporation
- EWIKON
- Gunther
- Gammaflux
- HRS-Flow (INglass Spa)
- Hasco
- Mastip Technology
- Hotsys
- Meusburger (PSG)
- Misumi (PCS Company)
- Suzhou HTS Moulding
- Shanghai ANRY Mold
- Shanghai SURE Hot Runner Electrical
Highlights of The Hot Runner Temperature Control Systems 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:
- Single-Zone Portable Units
- Multi-Zone Mainframe Units
- By Application:
- Open Gate Hot Runner System
- Valve Gate Hot Runner System
- 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 Hot Runner Temperature Control Systems 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?
Hot runner temperature control systems are used to maintain the desired temperature of a hot runner during printing.
Some of the key players operating in the hot runner temperature control systems market are Yudo Group, Milacron, Barnes Group (Synventive), Husky, Incoe, Seiki Corporation, EWIKON, Gunther, Gammaflux, HRS-Flow (INglass Spa), Hasco, Mastip Technology, Hotsys, Meusburger (PSG), Misumi (PCS Company), Suzhou HTS Moulding, Shanghai ANRY Mold, Shanghai SURE Hot Runner Electrical.
The hot runner temperature control systems 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 Hot Runner Temperature Control Systems 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 Hot Runner Temperature Control Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hot Runner Temperature Control Systems 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 Hot Runner Temperature Control Systems 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 Hot Runner Temperature Control Systems Market Size & Forecast, 2018-2028
4.5.1 Hot Runner Temperature Control Systems Market Size and Y-o-Y Growth
4.5.2 Hot Runner Temperature Control Systems Market Absolute $ Opportunity
Chapter 5 Global Hot Runner Temperature Control Systems 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 Hot Runner Temperature Control Systems Market Size Forecast by Type
5.2.1 Single-Zone Portable Units
5.2.2 Multi-Zone Mainframe Units
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hot Runner Temperature Control Systems 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 Hot Runner Temperature Control Systems Market Size Forecast by Applications
6.2.1 Open Gate Hot Runner System
6.2.2 Valve Gate Hot Runner System
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hot Runner Temperature Control Systems 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 Hot Runner Temperature Control Systems 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 Hot Runner Temperature Control Systems Analysis and Forecast
9.1 Introduction
9.2 North America Hot Runner Temperature Control Systems 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 Hot Runner Temperature Control Systems Market Size Forecast by Type
9.6.1 Single-Zone Portable Units
9.6.2 Multi-Zone Mainframe Units
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 Hot Runner Temperature Control Systems Market Size Forecast by Applications
9.10.1 Open Gate Hot Runner System
9.10.2 Valve Gate Hot Runner System
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 Hot Runner Temperature Control Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Hot Runner Temperature Control Systems 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 Hot Runner Temperature Control Systems Market Size Forecast by Type
10.6.1 Single-Zone Portable Units
10.6.2 Multi-Zone Mainframe Units
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 Hot Runner Temperature Control Systems Market Size Forecast by Applications
10.10.1 Open Gate Hot Runner System
10.10.2 Valve Gate Hot Runner System
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 Hot Runner Temperature Control Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hot Runner Temperature Control Systems 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 Hot Runner Temperature Control Systems Market Size Forecast by Type
11.6.1 Single-Zone Portable Units
11.6.2 Multi-Zone Mainframe Units
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 Hot Runner Temperature Control Systems Market Size Forecast by Applications
11.10.1 Open Gate Hot Runner System
11.10.2 Valve Gate Hot Runner System
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 Hot Runner Temperature Control Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Hot Runner Temperature Control Systems 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 Hot Runner Temperature Control Systems Market Size Forecast by Type
12.6.1 Single-Zone Portable Units
12.6.2 Multi-Zone Mainframe Units
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 Hot Runner Temperature Control Systems Market Size Forecast by Applications
12.10.1 Open Gate Hot Runner System
12.10.2 Valve Gate Hot Runner System
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) Hot Runner Temperature Control Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hot Runner Temperature Control Systems 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) Hot Runner Temperature Control Systems Market Size Forecast by Type
13.6.1 Single-Zone Portable Units
13.6.2 Multi-Zone Mainframe Units
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) Hot Runner Temperature Control Systems Market Size Forecast by Applications
13.10.1 Open Gate Hot Runner System
13.10.2 Valve Gate Hot Runner System
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 Hot Runner Temperature Control Systems Market: Competitive Dashboard
14.2 Global Hot Runner Temperature Control Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yudo Group
14.3.2 Milacron
14.3.3 Barnes Group (Synventive)
14.3.4 Husky
14.3.5 Incoe
14.3.6 Seiki Corporation
14.3.7 EWIKON
14.3.8 Gunther
14.3.9 Gammaflux
14.3.10 HRS-Flow (INglass Spa)
14.3.11 Hasco
14.3.12 Mastip Technology
14.3.13 Hotsys
14.3.14 Meusburger (PSG)
14.3.15 Misumi (PCS Company)
14.3.16 Suzhou HTS Moulding
14.3.17 Shanghai ANRY Mold
14.3.18 Shanghai SURE Hot Runner Electrical
