Market Overview:
The global humidity and temperature controller 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 humidity and temperature controllers in various applications such as pharmaceutical industry, environmental, food processing, horticulture, and other applications. Additionally, the growing demand for digital humidity and temperature controllers is also contributing to the growth of this market.
Product Definition:
A humidity and temperature controller is a device used to regulate the humidity and temperature of an environment. The importance of a humidity and temperature controller is that it helps to maintain an environment within a specific range, which can be beneficial for many applications.
Digital:
Digital is a series of codes or numbers that are represented by letters, words, graphics or bars. It can be used to represent any information that can be stored and retrieved quickly. Digital data is easily compressible and convenient to transfer over wired as well as wireless mediums.
Integrate:
Integrate is a hardware and software solution that works together to maintain the desired temperature and humidity levels in an enclosed space. It helps in monitoring the conditions of individual components within a system, which can be used for controlling ventilation systems or air conditioning. The device consists of sensors that are capable enough to measure temperature or humidity accurately.
Application Insights:
The environmental application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The controller is used to maintain desired temperature and humidity levels in laboratories, greenhouses, clean rooms, fume cupboards and air circulation systems among other places such as pharmaceutical industries.
The food processing industry was one of the major applications accounting for 23.1% of market share in 2017 owing to its requirement for controlled environment throughout storage, preparation and packaging operations leading to improved quality of products produced thereby driving demand over the forecast period. Pharmaceutical industry also accounted for significant market share due to its requirement that all temperature control devices must comply with during production processes including sterilization process which drives demand across various regions globally where these devices are used extensively such as North America region especially U.S.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of pharmaceutical and medical device manufacturers. The region is expected to maintain its dominance over the forecast period, with a few emerging countries such as Mexico and Brazil contributing significantly.
The food processing industry in North America is highly automated due to technological advancements that have made it possible for companies operating in this sector to reduce their labor costs. This has resulted in increased adoption of temperature controllers by food processors across this region, which can be attributed to its significant share within the global market.
Asia Pacific humidity and temperature controller market is anticipated to grow at an exponential rate over the forecast period owing high growth potential within this region along with increasing demand from various end-use industries such as environmental monitoring & control, pharmaceuticals & healthcare, food processing & packaging among others’). ‰tiva HVAC LTDA.
Growth Factors:
- Increasing demand from the end-user industries for Humidity and Temperature Controller to maintain product quality and consistency.
- Growing awareness about the benefits of using Humidity and Temperature Controller in various industrial applications is driving its adoption across different industries.
- The increasing demand for precision temperature control and humidity management in various process industries is fueling the growth of this market.
- Technological advancements in Humidity and Temperature Controller are helping manufacturers to offer better products with enhanced features, which is resulting in higher adoption rates among consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Humidity and Temperature Controller Market Research Report
By Type
Digital, Integrate
By Application
Pharmaceutical Industry, Environmental, Food Processing, Horticulture, Other
By Companies
Honeywell, Omron, Altec, Neptronic, Emerson, Stego, Schneider Electric, Omega, Siemens, Hommond, Honeywell, Watlow, Faran, Ajinkya Electronic Systems, Ecotechnics, GSE
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Humidity and Temperature Controller Market Report Segments:
The global Humidity and Temperature Controller market is segmented on the basis of:
Types
Digital, Integrate
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
Pharmaceutical Industry, Environmental, Food Processing, Horticulture, 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:
- Honeywell
- Omron
- Altec
- Neptronic
- Emerson
- Stego
- Schneider Electric
- Omega
- Siemens
- Hommond
- Honeywell
- Watlow
- Faran
- Ajinkya Electronic Systems
- Ecotechnics
- GSE
Highlights of The Humidity and 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:
- Digital
- Integrate
- By Application:
- Pharmaceutical Industry
- Environmental
- Food Processing
- Horticulture
- 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 Humidity and 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
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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 humidity and temperature controller is a device that helps to maintain a specific humidity or temperature level in an environment.
Some of the major companies in the humidity and temperature controller market are Honeywell, Omron, Altec, Neptronic, Emerson, Stego, Schneider Electric, Omega, Siemens, Hommond, Honeywell, Watlow, Faran, Ajinkya Electronic Systems, Ecotechnics, GSE.
The humidity and temperature controller 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 Humidity and 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 Humidity and Temperature Controller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Humidity and 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 Humidity and 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 Humidity and Temperature Controller Market Size & Forecast, 2020-2028
4.5.1 Humidity and Temperature Controller Market Size and Y-o-Y Growth
4.5.2 Humidity and 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 Digital
5.2.2 Integrate
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 Pharmaceutical Industry
6.2.2 Environmental
6.2.3 Food Processing
6.2.4 Horticulture
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Humidity and 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 Humidity and 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 Digital
9.6.2 Integrate
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 Pharmaceutical Industry
9.10.2 Environmental
9.10.3 Food Processing
9.10.4 Horticulture
9.10.5 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 Digital
10.6.2 Integrate
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 Pharmaceutical Industry
10.10.2 Environmental
10.10.3 Food Processing
10.10.4 Horticulture
10.10.5 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 Digital
11.6.2 Integrate
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 Pharmaceutical Industry
11.10.2 Environmental
11.10.3 Food Processing
11.10.4 Horticulture
11.10.5 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 Digital
12.6.2 Integrate
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 Pharmaceutical Industry
12.10.2 Environmental
12.10.3 Food Processing
12.10.4 Horticulture
12.10.5 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 Digital
13.6.2 Integrate
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 Pharmaceutical Industry
13.10.2 Environmental
13.10.3 Food Processing
13.10.4 Horticulture
13.10.5 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 Humidity and Temperature Controller Market: Competitive Dashboard
14.2 Global Humidity and Temperature Controller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Omron
14.3.3 Altec
14.3.4 Neptronic
14.3.5 Emerson
14.3.6 Stego
14.3.7 Schneider Electric
14.3.8 Omega
14.3.9 Siemens
14.3.10 Hommond
14.3.11 Honeywell
14.3.12 Watlow
14.3.13 Faran
14.3.14 Ajinkya Electronic Systems
14.3.15 Ecotechnics
14.3.16 GSE
