Market Overview:
The global single loop temperature controllers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for temperature controllers in various industrial applications, such as power plants, oil refineries, petrochemical plants, chemical plants, iron and steel plants, and others. In addition, the growing demand for miniaturized temperature controllers is also contributing to the growth of this market. Based on type, the global single loop temperature controllers market can be segmented into 1/4 DIN sized, 1/8 DIN sized,, 1/16 DIN sized,, and 1/32 DIN sized segments. The 1/4 DIN-sized segment is expected to account for a major share of this market in 2018 owing to its large size and high accuracy levels. However,.the fastest growth is projectedto be witnessed bythe1 / 16D IN-sizedsegmentduring therestof thereport edperiod . Based on application,.oilrefineries,.petrochemicalplants,.chemicalplants,.
Product Definition:
A single loop temperature controller is a device used to control the temperature of a particular area or object. It does this by regulating the amount of heat or energy that is allowed to reach the area or object. This can be done in a number of ways, such as through heating, cooling, or ventilation. The importance of using a single loop temperature controller is that it can help maintain an optimal level of comfort and safety for whatever it is being used to control.
1/4 DIN sized:
1/4 DIN sized, it's usage.
The 1/4 DIN size is a standard unit of measure for the temperature range from -55 to +125 degree Celsius. It is used in various industries such as automotive, building automation, food processing and packaging among others.
1/8 DIN sized:
1/8 DIN sized is a type of computer hardware component used in Single Loop Temperature Controllers. It is also known as mini-DIN rail or DIN rail. The 1/8 DIN sized components are widely used in the temperature controllers that are manufactured for automotive applications and other industrial applications where small size, high accuracy, and reliability are required.
Application Insights:
Petrochemical plants, chemical plants and iron and steel plants are some of the major application areas for ISLTCs. The rising demand for low temperature control products in these industries is anticipated to boost product sales over the forecast period.
Powerplants were the largest application segment with a revenue share of 35.1% in 2017 owing to their growing demand across various sectors such as oil & gas, industrial manufacturing, etc. Single loop temperature controllers provide reliable protection against high temperatures that may damage components or cause severe burns if proper safety measures are not taken while controlling heat processes within powerplants or boilers within power generation facilities respectively. ISLTCs can also be used efficiently even at large plant sites where space is an issue since they require less floor space due to their small size compared to other types of Temperature Controllers (Tc).
Regional Analysis:
The European region dominated the global single loop temperature controllers market in terms of revenue share in 2016. The presence of stringent government regulations and laws pertaining to energy conservation is driving the demand for SRT control systems in this region. Furthermore, increasing investments by governments for research & development activities to develop advanced power generation systems are expected to drive industry growth over the forecast period.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising industrialization and expansion of chemical manufacturing sector due primarily economic development along with rapid urbanization resulting from high immigration rates coupled with growing population across countries such as China, India, Malaysia, Indonesia and Thailand among others will drive overall industry demand over next eight years.
Growth Factors:
- Increasing demand for single loop temperature controllers in the process industries for accurate and efficient temperature control
- Growing demand from end-use industries such as automotive, semiconductor, and electronics
- Rising popularity of programmable single loop controllers to achieve better accuracy and flexibility in controlling process parameters
- Proliferation of microcontroller-based technology that offers enhanced performance and features at a lower cost
- Technological advancements in sensing and actuating technologies that are resulting in smaller, smarter, and more energy-efficient controllers
Scope Of The Report
Report Attributes
Report Details
Report Title
Single Loop Temperature Controllers Market Research Report
By Type
1/4 DIN sized, 1/8 DIN sized, 1/16 DIN sized, 1/32 DIN sized
By Application
Power Plants, Oil Refineries, Petrochemical Plants, Chemical Plants, Iron and Steel Plants, Others
By Companies
EurOthersm (Schneider Electric), Yokogawa, West CS, Honeywell, ABB, Azbil Group, OMEGA Engineering, PSG, Moore Products, Omron Electronics, EurOthersm (Schneider Electric)
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Single Loop Temperature Controllers Market Report Segments:
The global Single Loop Temperature Controllers market is segmented on the basis of:
Types
1/4 DIN sized, 1/8 DIN sized, 1/16 DIN sized, 1/32 DIN sized
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
Power Plants, Oil Refineries, Petrochemical Plants, Chemical Plants, Iron and Steel Plants, 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:
- EurOthersm (Schneider Electric)
- Yokogawa
- West CS
- Honeywell
- ABB
- Azbil Group
- OMEGA Engineering
- PSG
- Moore Products
- Omron Electronics
- EurOthersm (Schneider Electric)
Highlights of The Single Loop Temperature Controllers 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:
- 1/4 DIN sized
- 1/8 DIN sized
- 1/16 DIN sized
- 1/32 DIN sized
- By Application:
- Power Plants
- Oil Refineries
- Petrochemical Plants
- Chemical Plants
- Iron and Steel Plants
- 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 Single Loop Temperature Controllers 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?
Single loop temperature controllers are used to maintain a set temperature in an enclosed space. They use sensors to measure the ambient air temperature and then adjust the heating or cooling system accordingly.
Some of the major companies in the single loop temperature controllers market are EurOthersm (Schneider Electric), Yokogawa, West CS, Honeywell, ABB, Azbil Group, OMEGA Engineering, PSG, Moore Products, Omron Electronics, EurOthersm (Schneider Electric).
The single loop temperature controllers 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 Single Loop Temperature Controllers 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 Single Loop Temperature Controllers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single Loop Temperature Controllers 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 Single Loop Temperature Controllers 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 Single Loop Temperature Controllers Market Size & Forecast, 2018-2028
4.5.1 Single Loop Temperature Controllers Market Size and Y-o-Y Growth
4.5.2 Single Loop Temperature Controllers Market Absolute $ Opportunity
Chapter 5 Global Single Loop Temperature Controllers 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 Single Loop Temperature Controllers Market Size Forecast by Type
5.2.1 1/4 DIN sized
5.2.2 1/8 DIN sized
5.2.3 1/16 DIN sized
5.2.4 1/32 DIN sized
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Single Loop Temperature Controllers 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 Single Loop Temperature Controllers Market Size Forecast by Applications
6.2.1 Power Plants
6.2.2 Oil Refineries
6.2.3 Petrochemical Plants
6.2.4 Chemical Plants
6.2.5 Iron and Steel Plants
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single Loop Temperature Controllers 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 Single Loop Temperature Controllers 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 Single Loop Temperature Controllers Analysis and Forecast
9.1 Introduction
9.2 North America Single Loop Temperature Controllers 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 Single Loop Temperature Controllers Market Size Forecast by Type
9.6.1 1/4 DIN sized
9.6.2 1/8 DIN sized
9.6.3 1/16 DIN sized
9.6.4 1/32 DIN sized
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 Single Loop Temperature Controllers Market Size Forecast by Applications
9.10.1 Power Plants
9.10.2 Oil Refineries
9.10.3 Petrochemical Plants
9.10.4 Chemical Plants
9.10.5 Iron and Steel Plants
9.10.6 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 Single Loop Temperature Controllers Analysis and Forecast
10.1 Introduction
10.2 Europe Single Loop Temperature Controllers 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 Single Loop Temperature Controllers Market Size Forecast by Type
10.6.1 1/4 DIN sized
10.6.2 1/8 DIN sized
10.6.3 1/16 DIN sized
10.6.4 1/32 DIN sized
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 Single Loop Temperature Controllers Market Size Forecast by Applications
10.10.1 Power Plants
10.10.2 Oil Refineries
10.10.3 Petrochemical Plants
10.10.4 Chemical Plants
10.10.5 Iron and Steel Plants
10.10.6 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 Single Loop Temperature Controllers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Single Loop Temperature Controllers 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 Single Loop Temperature Controllers Market Size Forecast by Type
11.6.1 1/4 DIN sized
11.6.2 1/8 DIN sized
11.6.3 1/16 DIN sized
11.6.4 1/32 DIN sized
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 Single Loop Temperature Controllers Market Size Forecast by Applications
11.10.1 Power Plants
11.10.2 Oil Refineries
11.10.3 Petrochemical Plants
11.10.4 Chemical Plants
11.10.5 Iron and Steel Plants
11.10.6 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 Single Loop Temperature Controllers Analysis and Forecast
12.1 Introduction
12.2 Latin America Single Loop Temperature Controllers 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 Single Loop Temperature Controllers Market Size Forecast by Type
12.6.1 1/4 DIN sized
12.6.2 1/8 DIN sized
12.6.3 1/16 DIN sized
12.6.4 1/32 DIN sized
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 Single Loop Temperature Controllers Market Size Forecast by Applications
12.10.1 Power Plants
12.10.2 Oil Refineries
12.10.3 Petrochemical Plants
12.10.4 Chemical Plants
12.10.5 Iron and Steel Plants
12.10.6 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) Single Loop Temperature Controllers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Single Loop Temperature Controllers 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) Single Loop Temperature Controllers Market Size Forecast by Type
13.6.1 1/4 DIN sized
13.6.2 1/8 DIN sized
13.6.3 1/16 DIN sized
13.6.4 1/32 DIN sized
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) Single Loop Temperature Controllers Market Size Forecast by Applications
13.10.1 Power Plants
13.10.2 Oil Refineries
13.10.3 Petrochemical Plants
13.10.4 Chemical Plants
13.10.5 Iron and Steel Plants
13.10.6 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 Single Loop Temperature Controllers Market: Competitive Dashboard
14.2 Global Single Loop Temperature Controllers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EurOthersm (Schneider Electric)
14.3.2 Yokogawa
14.3.3 West CS
14.3.4 Honeywell
14.3.5 ABB
14.3.6 Azbil Group
14.3.7 OMEGA Engineering
14.3.8 PSG
14.3.9 Moore Products
14.3.10 Omron Electronics
14.3.11 EurOthersm (Schneider Electric)
