Global PID Controller Market 2017-2021

  • ID: 4395298
  • Report
  • Region: Global
  • 69 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • Durex Industries
  • Eurotherm
  • HANYOUNGNUX
  • OMRON
  • RKC Instrument
  • MORE
About PID Controller

Proportional-Integral-Derivative (PID) controllers are mainly used to calculate the error values and control and regulate parameters such as pressure, temperature, motion, and flow. Simple functions and cost advantage over PLC devices are major advantages for PID controllers in the industrial sector. PID controllers used for temperature controlling, pressure controlling, motion controlling, and flow controlling are considered for estimating the market.

The analysts forecast the global PID controller market to grow at a CAGR of 2.53% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global PID controller market for 2017-2021. 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
The report, Global PID Controller 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.

Key vendors
  • ABB
  • Eurotherm
  • Gefran
  • OMRON
  • Wachendorff Automation
Other prominent vendors
  • Calex Electronics
  • Durex Industries
  • Enfield Technologies
  • HANYOUNGNUX
  • Honeywell
  • Red Lion Controls
  • RKC Instrument
  • TOPTICA Photonics
  • Watlow
  • West Control Solutions
  • Yokogawa
Market drivers
  • Low price of PID controllers
  • For a full, detailed list, view the full report
Market challenges
  • High demand for PLC devices
  • For a full, detailed list, view the full report
Market trends
  • Use of hybrid temperature controllers for temperature controlling functions
  • For a full, detailed list, view the full 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?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Durex Industries
  • Eurotherm
  • HANYOUNGNUX
  • OMRON
  • RKC Instrument
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Global PID temperature controller market
  • Global PID motion controller market
  • Global PID flow controller market
  • Global PID pressure controller market
PART 07: Market segmentation by end-user
  • Market overview
  • Global PID controller market in oil and gas industry
  • Global PID controller market in chemicals industry
  • Global PID controller market in food and beverage industry
  • Global PID controller market in power industry
  • Global PID controller market in other industries
PART 08: Geographical segmentation
  • Market overview
  • PID controller market in EMEA
  • PID controller market in APAC
  • PID controller market in Americas
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Use of hybrid temperature controllers for temperature controlling functions
  • Use of analytical measurement statistics
  • Increasing use of smart PID controllers
PART 12: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 13: Key vendor analysis
  • ABB
  • Eurotherm
  • Gefran
  • OMRON
  • Wachendorff Automation
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Market landscape
Exhibit 02: Global PID controller market 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Market overview by product segmentation 2016 and 2021 (% share)
Exhibit 05: Global PID temperature controller market 2016-2021 ($ millions)
Exhibit 06: Global PID motion controller market 2016-2021 ($ millions)
Exhibit 07: Advantages and disadvantages of PID motion controllers in position feedback
Exhibit 08: Global PID flow controller market 2016-2021 ($ millions)
Exhibit 09: Global PID pressure controller market 2016-2021 ($ millions)
Exhibit 10: Market overview by end-user segmentation 2016 and 2021 (% share)
Exhibit 11: Global PID controller market in oil and gas industry 2016-2021 ($ millions)
Exhibit 12: Global PID controller market in chemicals industry 2016-2021 ($ millions)
Exhibit 13: Global PID controller market in food and beverage industry 2016-2021 ($ millions)
Exhibit 14: Global PID controller market in power industry 2016-2021 ($ millions)
Exhibit 15: Global PID controller market in other industries 2016-2021 ($ millions)
Exhibit 16: Market overview by geographical segmentation 2016 and 2021 (% share)
Exhibit 17: PID controller market in EMEA 2016-2021 ($ millions)
Exhibit 18: PID controller market in APAC 2016-2021 ($ millions)
Exhibit 19: PID controller market in Americas 2016-2021 ($ millions)
Exhibit 20: Impact of competitors on global PID controller market
Exhibit 21: Other prominent vendors
Exhibit 22: ABB: Products offered
Exhibit 23: Eurotherm: Products offered
Exhibit 24: Grefan: Products offered
Exhibit 25: OMRON: Products offered
Exhibit 26: Wachendorff Automation: Products offered
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Durex Industries
  • Eurotherm
  • HANYOUNGNUX
  • OMRON
  • RKC Instrument
  • MORE
New Report Released: - Global PID Controller Market 2017-2021

The author of the report recognizes the following companies as the key players in the global PID controller market: ABB, Eurotherm, Gefran, OMRON, and Wachendorff Automation.

Other Prominent Vendors in the market are: Calex Electronics, Durex Industries, Enfield Technologies, HANYOUNGNUX, Honeywell, Red Lion Controls, RKC Instrument, TOPTICA Photonics, Watlow, West Control Solutions, and Yokogawa.

Commenting on the report, an analyst from the research team said: “One trend in the market is use of hybrid temperature controllers for temperature controlling functions. Hybrid temperature controllers have a high loop-processing capacity and the time required to execute the programs is also less compared with other temperature controller devices. Many end-user industries prefer these hybrid controllers, as these are economical and can perform some of the functions of a PLC. These controllers are more efficient than normal PID-based temperature controllers.”

According to the report, one driver in the market is low price of PID controllers. The prices of PID controllers are lower when compared with PLC devices. The time required to execute loop functions and the efficiency of PLCs are comparatively better than PID controllers. However, one of the major reasons for the growth in demand for PID controllers is their low price, which is preferred by many end-users. Therefore, PID controllers are considered as an economical choice for many purposes by end-users, whereas PLC devices are used for higher functions.

Further, the report states that one challenge in the market is high demand for PLC devices. Due to higher loop processing capacity and functions of PLC controllers, many end-users have started preferring these over normal PID controllers, which is having a negative impact on the global PID controller market. Temperature controllers account for the majority of the revenue for PID controllers and PLC are implemented along with sensors for faster response and integration with other control parameters in the process. PLCs can perform many functions within an industrial facility, thereby eliminating the use of other controllers such as PID controllers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • ABB
  • Eurotherm
  • Gefran
  • OMRON
  • Wachendorff Automation
  • Calex Electronics
  • Durex Industries
  • Enfield Technologies
  • HANYOUNGNUX
  • Honeywell
  • Red Lion Controls
  • RKC Instrument
  • TOPTICA Photonics
  • Watlow
  • West Control Solutions
  • Yokogawa
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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