Latin America Hazardous Location Thermostats Market - By Types, Class, Divisions, Hazardous Zones, Applications, Countries and Vendors - Market Trends and Forecasts (2016 - 2021)

  • ID: 3804362
  • Report
  • Region: America, America (exc North), Latin America
  • 86 pages
  • Mordor Intelligence
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The Latin America hazardous location thermostats market is estimated to be worth $0.041 billion in 2015 and is projected to grow at a CAGR of 7.69% during the forecast period to reach $0.060 billion by 2020. Brazil and Mexico are the major market for these solutions in the region, with bulk of the revenues being generated by these two countries. Growth in oil and gas sector as well as shale gas opportunities will lead to increased demand for these solutions in the region.

Rapid technological innovation and growing number of industries have been a powerful impact for the hazardous location thermostats market in the region. From petrochemical plants to oil refineries and from grain elevators to pulp and paper mills, all these industries has led to a robust demand for hazardous location thermostats market. Hazardous location thermostats are specially designed for hazardous location temperature control i.e. it controls the heating, cooling, or ventilation systems with an adjustable knob for easy and convenient set point adjustments. Thermostats are the devices/components of a control system, which senses and maintains a system at a constant temperature by switching the devices on or off as per the need. It serves as a control unit for heating or cooling the system or a component part of a heater or air conditioners.

There are different types of thermostats used in different hazardous locations having different zones and classes. The different zones are zone 0, zone 1 and zone 2, whereas, the classes are divided into class I, class II and class III. These different zones and classes, identify the physical characteristics of the hazardous materials present. Moreover, these thermostats are used for temperature control of heaters or low-temperature alarms in enclosures. They are basically used in explosion-prone areas like oil refineries, grain elevators, munitions plants, hospital operating rooms, coal mines and other hazardous locations.

The hazardous location thermostats market is broadly segmented on the basis of types, class, divisions, hazardous zones, applications and geography. Based on the types, the hazardous location thermostats market has been segmented into line-voltage thermostats and low-voltage thermostats. The countries classified for the hazardous location thermostats market are Brazil, Mexico, Colombia, Chile, Argentina, among others.

Some of the market players mentioned in the report are Pentair Ltd., Johnson Controls, Inc., R. Stahl, Inc., Honeywell International, Inc., Watlow Electric Manufacturing Company, Schneider Electric SA and Emerson Industrial Automation.

Drivers

Rapid technological advancement, increasing applications in the industrial sector and the growing safety measures are some of the major drivers stimulating the growth of this segment.

Challenges

Cost of installations is one of the major challenges faced by hazardous location thermostats market.

This Report Offers:

Market Definition for the hazardous location thermostats along with identification of key drivers and restraints for the market
Market analysis for the Latin America hazardous location thermostats market, with region specific assessments
Identification of factors instrumental in changing the market scenarios, offering prospective opportunities and identifying key companies, which can influence the market on the regional scale
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares
Identification and analysis of the Macro and Micro factors that affect the Latin America hazardous location thermostats market on the Latin American as well as the regional front
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

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1. Introduction
1.1 Report Description
1.2 Markets Covered
1.3 Research Methodology
2. Executive Summary
3. Key Findings Of The Study
3.1 Market Overview
3.1.1 Market Definition
3.1.2 Market Segmentation
4. Market Dynamics
4.1 Introduction
4.1.1 Latin America Hazardous Location Thermostats Market Overview
4.2 Drivers
4.2.1 Rapid Technological Developments
4.2.2 Increasing Applications in the Industrial Sector and Reducing Costs
4.2.3 Growing Safety Measures
4.3 Restraints
4.3.1 Regulations & Compliance
4.3.2 High cost of Installation
4.4 Industry Attractiveness - Porter’s 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products or Services
4.4.5 Competitive Rivalry among Existing Competitors
5. Technology Snapshot
6. Hazardous Location Thermostats Market Analysis & Forecast
6.1 Latin America Market - Segmented By Types
6.1.1 Line-voltage thermostats
6.1.2 Low-voltage thermostats
6.2 Latin America Market - Segmented By Class
6.2.1 Class I
6.2.2 Class II
6.2.3 Class III
6.3 Latin America Market - Segmented By Division
6.3.1 Division 1
6.3.2 Division 2
6.4 Latin America Market - Segmented By Hazardous Zones
6.4.1 Zone 0
6.4.2 Zone 1
6.4.3 Zone 2
6.5 Latin America Market - Segmented By Applications
6.5.1 Oil refineries
6.5.2 Petrochemical plants
6.5.3 Pulp and paper millers
6.5.4 Coal mines
6.5.5 Grain elevators
6.5.6 Others
6.6 Latin America Market - Segmented By Country
6.6.1 Brazil
6.6.2 Mexico
6.6.3 Colombia
6.6.4 Argentina
6.6.5 Others
7. Competitive Intelligence - Company Profiles
7.1 Pentair Ltd.
7.1.1 Overview
7.1.2 Products and Services
7.1.3 Financial
7.1.4 Recent Developments
7.2 Johnson Controls, Inc.
7.2.1 Overview
7.2.2 Products and Services
7.2.3 Financial
7.2.4 Recent Developments
7.3 R. Stahl, Inc.
7.3.1 Overview
7.3.2 Products and Services
7.3.3 Financial
7.3.4 Recent Developments
7.4 Honeywell International, Inc.
7.4.1 Overview
7.4.2 Products and Services
7.4.3 Financial
7.4.4 Recent Developments
7.5 Emerson Industrial Automation
7.5.1 Overview
7.5.2 Products and Services
7.5.3 Financial
7.5.4 Recent Developments
7.6 Watlow Electric Manufacturing Company
7.6.1 Overview
7.6.2 Products and Services
7.6.3 Financial
7.6.4 Recent Developments
7.7 Tempco Electric Heater Corporation
7.7.1 Overview
7.7.2 Products and Services
7.7.3 Financial
7.7.4 Recent Developments
7.8 Stego Elektrotechnik GmbH
7.8.1 Overview
7.8.2 Products and Services
7.8.3 Financial
7.8.4 Recent Developments
7.9 SSHC, Inc.
7.9.1 Overview
7.9.2 Products and Services
7.9.3 Financial
7.9.4 Recent Developments
7.10 Emerson Climate Technologies, Inc.
7.10.1 Overview
7.10.2 Products and Services
7.10.3 Financial
7.10.4 Recent Developments
7.11 ABB Ltd.
7.11.1 Overview
7.11.2 Products and Services
7.11.3 Financial
7.11.4 Recent Developments
7.12 Schneider Electric SA
7.12.1 Overview
7.12.2 Products and Services
7.12.3 Financial
7.12.4 Recent Developments
7.13 Proliphix
7.13.1 Overview
7.13.2 Products and Services
7.13.3 Financial
7.13.4 Recent Developments
7.14 Indeeco
7.14.1 Overview
7.14.2 Products and Services
7.14.3 Financial
7.14.4 Recent Developments
7.15 Heatrex
7.15.1 Overview
7.15.2 Products and Services
7.15.3 Financial
7.15.4 Recent Developments
8. Investment Analysis
8.1 Recent Mergers and Acquisitions
8.2 Investment Outlook
9. Future of Hazardous Location Thermostats Market
10. Appendix

LIST OF TABLES
1: Latin America Hazardous Location Thermostats Market ($ Billion), 2015-2020
2: Latin America Hazardous Location Thermostats Market By Types ($ Billion), 2015-2020
3: Latin America Hazardous Location Thermostats Market By Types - Line-voltage thermostats ($ Billion), 2015-2020
4: Latin America Hazardous Location Thermostats Market By Types - Low-voltage thermostats ($ Billion), 2015-2020
5: Latin America Hazardous Location Thermostats Market By Class ($ Billion), 2015-2020
6: Latin America Hazardous Location Thermostats Market By Class - Class I ($ Billion), 2015-2020
7: Latin America Hazardous Location Thermostats Market By Class - Class II ($ Billion), 2015-2020
8: Latin America Hazardous Location Thermostats Market By Class - Class III ($ Billion), 2015-2020
9: Latin America Hazardous Location Thermostats Market By Division ($ Billion), 2015-2020
10: Latin America Hazardous Location Thermostats Market By Division - Division 1 ($ Billion), 2015-2020
11: Latin America Hazardous Location Thermostats Market By Division - Division 2 ($ Billion), 2015-2020
12: Latin America Hazardous Location Thermostats Market By Hazardous Zones ($ Billion), 2015-2020
13: Latin America Hazardous Location Thermostats Market By Hazardous Zones - Zone 0 ($ Billion), 2015-2020
14: Latin America Hazardous Location Thermostats Market By Hazardous Zones - Zone 1 ($ Billion), 2015-2020
15: Latin America Hazardous Location Thermostats Market By Hazardous Zones - Zone 2 ($ Billion), 2015-2020
16: Latin America Hazardous Location Thermostats Market By Applications ($ Billion), 2015-2020
17: Latin America Hazardous Location Thermostats Market By Applications - Oil refineries ($ Billion), 2015-2020
18: Latin America Hazardous Location Thermostats Market By Applications - Petrochemical plants ($ Billion), 2015-2020
19: Latin America Hazardous Location Thermostats Market By Applications - Pulp and paper millers ($ Billion), 2015-2020
20: Latin America Hazardous Location Thermostats Market By Applications - Coal mines ($ Billion), 2015-2020
21: Latin America Hazardous Location Thermostats Market By Applications - Grain elevators ($ Billion), 2015-2020
22: Latin America Hazardous Location Thermostats Market By Applications - Others ($ Billion), 2015-2020
23: Latin America Hazardous Location Thermostat Systems Market By Country ($ Billion), 2015-2020
24: Latin America Hazardous Location Thermostat Systems Market By Country - Brazil ($ Billion), 2015-2020
25: Latin America Hazardous Location Thermostat Systems Market By Country - Mexico ($ Billion), 2015-2020
26: Latin America Hazardous Location Thermostat Systems Market By Country - Columbia ($ Billion), 2015-2020
27: Latin America Hazardous Location Thermostat Systems Market By Country - Chile ($ Billion), 2015-2020
28: Latin America Hazardous Location Thermostat Systems Market By Country - Argentina ($ Billion), 2015-2020
29: Latin America Hazardous Location Thermostat Systems Market By Country - Others ($ Billion), 2015-2020
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