Industrial temperature controllers are devices that help in maintaining the temperature for cooling or heating processes, irrespective of the environmental temperature. This device constantly checks the temperature of the medium and adjusts it to the optimal temperature. Basic temperature acts as an on/off switch. These controllers switch off if the medium reaches the set point and start again if the temperature increases or decreases. Industrial temperature controllers are classified as single loop/multiloop temperature controllers, hybrid temperature controllers, and analog temperature controllers.
Technavio’s analysts forecast the global industrial temperature controllers market to grow at a CAGR of 0.01% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global industrial temperature controllers market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Industrial Temperature Controllers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors - Watlow Electric Manufacturing Company - Durex industries - HANYOUNGNUX - RKC Instruments - Yokogawa Electric Corporation - Honeywell International - ABB
Market driver - Hybrid temperature controllers will drive the category sales. - For a full, detailed list, view our report
Market challenge - PLC controllers are replacing temperature controllers. - For a full, detailed list, view our report
Market trend - Temperature controllers display trend charts and allow data logging. - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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