Market Overview:
The global multipurpose controller market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the multipurpose controller market can be attributed to the increasing demand for energy-efficient and smart buildings, rising adoption of IoT in transportation, and growing demand for advanced controllers in various applications. The global multipurpose controller market is segmented on the basis of type into two interchangeable modules and four interchangeable modules. The two interchangeable module segment is expected to hold the largest share of the global multipurpose controller market during the forecast period owing to its low cost and easy installation. However, the four interchangeable module segment is projected to grow at a higher CAGR during 2018-2030 due its ability to provide more flexibility with respect to system configuration as well as easier upgradation options. On the basis of application, building held majority share of global multipurpose controller market in 2017; however, transportation sector is projected witness highest growth rate over next decade owing increasing adoption rates across various modes such as railroads, aviation & maritime segments etc.
Product Definition:
Multipurpose controller is a type of electronic device that can be used for multiple purposes. It is important because it can save money and space since it can be used for multiple functions.
Two Interchangeable Modules:
The global two interchangeable modules, it's usage and growth factor in the multipurpose controller market is expected to grow at a significant rate over the forecast period. The key drivers for this market include growing demand for advanced technology-based devices with enhanced efficiency across various industrial sectors such as oil & gas, power generation industries, mining & metals and chemical industries.
Four Interchangeable Modules:
The four interchangeable modules are used in multipurpose controller. The controller is used for controlling and monitoring the processes occurring in an industrial environment. It has various applications such as heating, cooling, lighting, machine position sensing among others.
These modules can be replaced with other models having different functions to cater to varied requirements of controllers offered by manufacturers of this market.
Application Insights:
The building application segment accounted for the largest revenue share in 2016 and is projected to witness significant growth over the forecast period. The increasing need for energy-efficient solutions, coupled with rising concerns regarding greenhouse gas emissions, has led to an increased focus on green buildings. This has resulted in a growing demand for MPC controllers that are used in HVAC systems as well as lighting applications.
The transportation application segment is expected to register a CAGR of XX% from 2017 to 2030 owing to factors such as growing emphasis on improving traffic safety and controlling traffic congestion by reducing vehicle speeds through automated enforcement of speed limits using radar traps or cameras at strategic points across road networks. Such technological advancements along with government initiatives aimed at installing Global Positioning Systems (GPS) devices in all new vehicles would aid market growth during the forecast period.
Regional Analysis:
The Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in metro projects, rising adoption of automated fare systems, and growing emphasis on energy conservation. In addition, increasing demand for public transportation services owing to rapid urbanization is also anticipated to drive regional product demand.
Europe accounted for a significant share of revenue in 2017 owing to high acceptance of innovative technologies across countries such as Germany and U.K., which has resulted into increased sales activities by various players operating in this region over the past few years.
Growth Factors:
- Increasing demand for multipurpose controllers in the industrial sector for controlling and regulating various process parameters.
- Growing demand from the automotive industry for advanced multipurpose controllers to manage various functions such as engine control, braking, and air-conditioning systems.
- Rising popularity of embedded systems in consumer electronics products such as smartphones, tablets, and laptops that require multipurpose controllers for efficient functioning.
- Proliferation of Internet of Things (IoT) devices that need low-power multipurpose controllers to handle a large number of networked sensors and actuators simultaneously.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multipurpose Controller Market Research Report
By Type
Two Interchangeable Modules, Four Interchangeable Modules
By Application
Building, Transportation, Others
By Companies
Azbil Corporation, TLV, Parker, Philips, Auber Instruments, Graco, Denatsu, Orion Technology, Gefen, RKC Instrument
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Multipurpose Controller Market Report Segments:
The global Multipurpose Controller market is segmented on the basis of:
Types
Two Interchangeable Modules, Four Interchangeable Modules
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
Building, Transportation, 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:
- Azbil Corporation
- TLV
- Parker
- Philips
- Auber Instruments
- Graco
- Denatsu
- Orion Technology
- Gefen
- RKC Instrument
Highlights of The Multipurpose 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 Interchangeable Modules
- Four Interchangeable Modules
- By Application:
- Building
- Transportation
- 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 Multipurpose 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.
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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?
Multipurpose controllers are a type of controller that can be used for a variety of purposes. They may be used to control devices in an industrial or commercial setting, or they may be used as home automation controllers.
Some of the major players in the multipurpose controller market are Azbil Corporation, TLV, Parker, Philips, Auber Instruments, Graco, Denatsu, Orion Technology, Gefen, RKC Instrument.
The multipurpose controller 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 Multipurpose 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 Multipurpose Controller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multipurpose 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 Multipurpose 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 Multipurpose Controller Market Size & Forecast, 2018-2028
4.5.1 Multipurpose Controller Market Size and Y-o-Y Growth
4.5.2 Multipurpose Controller Market Absolute $ Opportunity
Chapter 5 Global Multipurpose Controller 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 Multipurpose Controller Market Size Forecast by Type
5.2.1 Two Interchangeable Modules
5.2.2 Four Interchangeable Modules
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multipurpose Controller 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 Multipurpose Controller Market Size Forecast by Applications
6.2.1 Building
6.2.2 Transportation
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multipurpose 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 Multipurpose 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 Multipurpose Controller Analysis and Forecast
9.1 Introduction
9.2 North America Multipurpose Controller 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 Multipurpose Controller Market Size Forecast by Type
9.6.1 Two Interchangeable Modules
9.6.2 Four Interchangeable Modules
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 Multipurpose Controller Market Size Forecast by Applications
9.10.1 Building
9.10.2 Transportation
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 Multipurpose Controller Analysis and Forecast
10.1 Introduction
10.2 Europe Multipurpose Controller 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 Multipurpose Controller Market Size Forecast by Type
10.6.1 Two Interchangeable Modules
10.6.2 Four Interchangeable Modules
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 Multipurpose Controller Market Size Forecast by Applications
10.10.1 Building
10.10.2 Transportation
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 Multipurpose Controller Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multipurpose Controller 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 Multipurpose Controller Market Size Forecast by Type
11.6.1 Two Interchangeable Modules
11.6.2 Four Interchangeable Modules
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 Multipurpose Controller Market Size Forecast by Applications
11.10.1 Building
11.10.2 Transportation
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 Multipurpose Controller Analysis and Forecast
12.1 Introduction
12.2 Latin America Multipurpose Controller 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 Multipurpose Controller Market Size Forecast by Type
12.6.1 Two Interchangeable Modules
12.6.2 Four Interchangeable Modules
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 Multipurpose Controller Market Size Forecast by Applications
12.10.1 Building
12.10.2 Transportation
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) Multipurpose Controller Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multipurpose Controller 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) Multipurpose Controller Market Size Forecast by Type
13.6.1 Two Interchangeable Modules
13.6.2 Four Interchangeable Modules
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) Multipurpose Controller Market Size Forecast by Applications
13.10.1 Building
13.10.2 Transportation
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 Multipurpose Controller Market: Competitive Dashboard
14.2 Global Multipurpose Controller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Azbil Corporation
14.3.2 TLV
14.3.3 Parker
14.3.4 Philips
14.3.5 Auber Instruments
14.3.6 Graco
14.3.7 Denatsu
14.3.8 Orion Technology
14.3.9 Gefen
14.3.10 RKC Instrument
