Market Overview:
The global 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 temperature controllers in various applications, such as automotive, electronics, floor heating, water heater, cultivation and others. Temperature controllers are used in these applications to maintain a desired temperature range by controlling the power supplied to the device or system.
Product Definition:
A Temperature Controller is a device that is used to maintain a desired temperature in an environment. This can be important for many reasons, including maintaining the quality of products being produced, keeping employees comfortable, and ensuring that equipment does not overheat.
On/Off Control:
On/Off control is a method of controlling an electrical device by using the on or off position of a switch. It's used in various applications such as home appliances, automotive, building automation and temperature controller. The technology has evolved over time and is now used extensively in consumer electronics devices such as air conditioners, refrigerators and heaters among others.
Proportional Control:
Proportional control is a method of controlling an output variable by monitoring the input that is proportional to the value of the output. The relationship between input and output can be linear or non-linear, depending on various factors such as accuracy requirements, cost, power consumption etc. Proportional control methods include feedback control and open-loop control.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The temperature controller market for automotive is anticipated to witness significant growth on account of increasing demand for electric and hybrid vehicles. Electric vehicles require a special type of temperature controller as they have different requirements from conventional cars regarding charging speed, range, and power output. Temperature controllers are used in various automotive applications such as HVAC (heating, ventilation, and cooling), lighting systems, engine control systems among others.
Temperature Controllers are used across multiple industries including electronics assembly & packaging; food processing; water heating & cooling; cultivation; floor heating & cooling etc., PID controllers dominate this industry due to their advanced features such as proportional integral derivative control which provides more accuracy than other types of controllers when it comes to handling high-frequency signals or processes with low tolerances like heat transfer rates or temperatures etc.
Regional Analysis:
The temperature controllers market in North America is expected to witness significant growth over the forecast period owing to the increasing demand for HVAC systems and rising awareness about energy conservation. The U.S. accounts for a major share in global greenhouse emissions, which has led to an increased focus on reducing carbon footprints by adopting energy-efficient technologies such as temperature control systems.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid industrialization and urbanization resulting in increased agricultural activities across countries such as China, India, Indonesia, Malaysia.
Growth Factors:
- Increasing demand for temperature controllers in the automotive and electronics industries
- Growing awareness about the benefits of using temperature controllers
- Rising demand for energy-efficient and precision temperature control systems
- Proliferation of Internet of Things (IoT) and connected devices that require accurate thermal management
- Technological advancements in temperature controller technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Temperature Controller Market Research Report
By Type
On/Off Control, Proportional Control, PID Control
By Application
Automotive, Electronics, Floor Heating, Water Heater, Cultivation, Other
By Companies
Siemens, Honeywell, Eurotherm, Omron, Teida, Nest, Omega Engineering, Fuji Electric, Yokogawa, Panasonic, M-System, Shinko Technos, Chromalox, HANYOUNG NUX, Rockwell Automation, Selec, Farnell
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Temperature Controller Market Report Segments:
The global Temperature Controller market is segmented on the basis of:
Types
On/Off Control, Proportional Control, PID Control
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
Automotive, Electronics, Floor Heating, Water Heater, Cultivation, 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:
- Siemens
- Honeywell
- Eurotherm
- Omron
- Teida
- Nest
- Omega Engineering
- Fuji Electric
- Yokogawa
- Panasonic
- M-System
- Shinko Technos
- Chromalox
- HANYOUNG NUX
- Rockwell Automation
- Selec
- Farnell
Highlights of The 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:
- On/Off Control
- Proportional Control
- PID Control
- By Application:
- Automotive
- Electronics
- Floor Heating
- Water Heater
- Cultivation
- 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 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
- 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?
A temperature controller is a device that helps to maintain the temperature of an object or system. It can be used to control the temperature of a room, machine, or entire building.
Some of the key players operating in the temperature controller market are Siemens, Honeywell, Eurotherm, Omron, Teida, Nest, Omega Engineering, Fuji Electric, Yokogawa, Panasonic, M-System, Shinko Technos, Chromalox, HANYOUNG NUX, Rockwell Automation, Selec, Farnell.
The temperature controller market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Temperature Controller Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Temperature Controller Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Temperature Controller Market - Supply Chain
4.5. Global Temperature Controller Market Forecast
4.5.1. Temperature Controller Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Temperature Controller Market Size (000 Units) and Y-o-Y Growth
4.5.3. Temperature Controller Market Absolute $ Opportunity
5. Global Temperature Controller Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Temperature Controller Market Size and Volume Forecast by Type
5.3.1. On/Off Control
5.3.2. Proportional Control
5.3.3. PID Control
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Temperature Controller Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Temperature Controller Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electronics
6.3.3. Floor Heating
6.3.4. Water Heater
6.3.5. Cultivation
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Temperature Controller Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Temperature Controller Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Temperature Controller Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Temperature Controller Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Temperature Controller Demand Share Forecast, 2019-2026
9. North America Temperature Controller Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Temperature Controller Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Temperature Controller Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electronics
9.4.3. Floor Heating
9.4.4. Water Heater
9.4.5. Cultivation
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Temperature Controller Market Size and Volume Forecast by Type
9.7.1. On/Off Control
9.7.2. Proportional Control
9.7.3. PID Control
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Temperature Controller Demand Share Forecast, 2019-2026
10. Latin America Temperature Controller Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Temperature Controller Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Temperature Controller Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electronics
10.4.3. Floor Heating
10.4.4. Water Heater
10.4.5. Cultivation
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Temperature Controller Market Size and Volume Forecast by Type
10.7.1. On/Off Control
10.7.2. Proportional Control
10.7.3. PID Control
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Temperature Controller Demand Share Forecast, 2019-2026
11. Europe Temperature Controller Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Temperature Controller Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Temperature Controller Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electronics
11.4.3. Floor Heating
11.4.4. Water Heater
11.4.5. Cultivation
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Temperature Controller Market Size and Volume Forecast by Type
11.7.1. On/Off Control
11.7.2. Proportional Control
11.7.3. PID Control
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Temperature Controller Demand Share, 2019-2026
12. Asia Pacific Temperature Controller Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Temperature Controller Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Temperature Controller Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electronics
12.4.3. Floor Heating
12.4.4. Water Heater
12.4.5. Cultivation
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Temperature Controller Market Size and Volume Forecast by Type
12.7.1. On/Off Control
12.7.2. Proportional Control
12.7.3. PID Control
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Temperature Controller Demand Share, 2019-2026
13. Middle East & Africa Temperature Controller Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Temperature Controller Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Temperature Controller Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electronics
13.4.3. Floor Heating
13.4.4. Water Heater
13.4.5. Cultivation
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Temperature Controller Market Size and Volume Forecast by Type
13.7.1. On/Off Control
13.7.2. Proportional Control
13.7.3. PID Control
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Temperature Controller Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Temperature Controller Market: Market Share Analysis
14.2. Temperature Controller Distributors and Customers
14.3. Temperature Controller Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eurotherm
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Omron
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Teida
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nest
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Omega Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fuji Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yokogawa
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Panasonic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. M-System
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shinko Technos
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Chromalox
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. HANYOUNG NUX
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Rockwell Automation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Selec
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Farnell
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
