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Single Loop Controller Market by Type, Display Type (LCD, LED), Panel Cutout Size, Application (Oil & Gas Plants, Petrochemical Plants, Iron & Steel Plants, Power Plants, Chemical Plants), and Geography - Global Forecast to 2024

  • ID: 4773716
  • Report
  • Region: Global
  • 114 Pages
  • Markets and Markets
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Single Loop Controller Market Projected to Grow at 9.3% CAGR during 2019-2024

FEATURED COMPANIES

  • ABB Ltd.
  • Azbil Corporation
  • Eurotherm
  • M-System
  • PMA Controls India Ltd.
  • Sure Controls
  • MORE

The single loop controller market was valued at USD 94 million in 2018 and is expected to reach USD 103 million by 2024, at a CAGR of 1.4% from 2019 to 2024. Changing energy trends and increasing demand for alternative energy sources and booming power sector and increasing investments toward power generation projects drives the growth of the market.

Temperature Controller segment to grow at the highest CAGR between 2019 and 2024

Temperature is one of the most important measurement parameters that should be considered during industrial process monitoring and control. The cost-effectiveness of mass production and continuous processes require highly efficient operations due to tight profit margins. This requires monitoring of installed systems and solutions at all the sites with reliable means to collect data and get timely alerts in case something goes wrong.

1/4 DIN held the largest market share of single loop controller market in terms of panel cutout size in 2019

1/4 DIN controllers are ideal for monitoring and controlling of process variables including temperatures, pressures, and levels in a wide range of applications that include ovens, environmental chambers, packaging machinery and plastic machinery in industries such as pharmaceuticals, power generation, automotive, and biotechnology. These controllers are highly reliable & accurate and significantly improve the efficiency and enhance the quality of a production plant. The 1/4 DIN size panel size saves space, and the panel with this size has an easy-to-operate human-machine interface that provides intuitive and effective control over the process variables.

APAC to grow at the highest CAGR during the forecasted period

The adoption of industrial automation solutions in APAC is high due to the growing manufacturing sector in the region. The dense population and growing per capita income of this region, along with large-scale industrialization and urbanization, are the factors driving the growth of the single loop controller market in APAC. The projected potential growth of the region is expected to open opportunities for the growth of the market over the next few years.

In the process of determining and verifying the market size for several segments and subsegments gathered through the secondary research, extensive primary interviews have been conducted with key industry experts in single loop controller market space. The break-up of primary participants for the report has been shown below:

  • By Company Type: Tier 1 – 40%, Tier 2 – 25%, and Tier 3 – 35%
  • By Designation: C-level Executives – 45%, Directors – 25%, and Others – 30%
  • By Region: North America – 55%, Europe – 20%, APAC – 15%, RoW – 10

The major players in the single loop controller market include Honeywell (US), ABB (Switzerland), WEST Control Solutions (UK), Eurotherm (UK), Sure Controls (UK), Yokogawa (Japan), Gefran (Italy), OMRON (Japan), Mitsubishi (Tokyo), PSG Plastic Service GmbH (Europe), Azbil Corporation (Japan), and Carotek (US) among others.

Research Coverage:
This research report categorizes the global single loop controller based on type, display type, panel cutout size, application, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the single loop controller market and forecasts the same till 2024.

Key Benefits of Buying the Report
The report would help leaders/new entrants in this market in the following ways:

  • This report segments the single loop controller market comprehensively and provides the closest market size projection for all subsegments across different regions.
  • The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
  • The report helps stakeholders to understand the value-chain of the single loop controller market along with recent case studies.
  • This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes product launch, acquisition, collaboration, expansion, and partnership.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd.
  • Azbil Corporation
  • Eurotherm
  • M-System
  • PMA Controls India Ltd.
  • Sure Controls
  • MORE

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Secondary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in Single Loop Controller Market
4.2 Single Loop Controller Market, By Type
4.3 Single Loop Controller Market, By Display Type
4.4 Single Loop Controller Market, By Panel Cutout Size
4.5 Single Loop Controller Market, By Region and Application
4.6 US Held Largest Share of Global Single Loop Controller Market in 2018

5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Changing Energy Trends and Increasing Demand for Unconventional Energy Sources
5.1.1.2 Booming Power Sector and Increasing Investments Toward Power Generation Projects
5.1.2 Restraints
5.1.2.1 High Initial Cost of Automating Manufacturing Plants and Requirement for Huge Capital for System Maintenance and Modification
5.1.2.2 Stagnant Growth of Oil & Gas Industry
5.1.3 Opportunities
5.1.3.1 Changing Trends of Manufacturing Industry in Middle East
5.1.4 Challenges
5.1.4.1 Stagnant Industrial Growth in Developed Countries in North America and Europe

6 Single Loop Controller Market, By Type
6.1 Introduction
6.2 Temperature Controllers
6.3 Pressure Controllers
6.4 Level Controllers

7 Single Loop Controller Market, By Display Type
7.1 Introduction
7.2 LCD
7.2.1 LCD Display Type is Largely Used for Single Loop Controller
7.3 LED
7.3.1 High Efficiency and Low Energy Consumption Drives the Demand for LED Display

8 Single Loop Controller Market, By Panel Cutout Size
8.1 Introduction
8.2 1/4 Din
8.3 1/8 Din
8.4 1/16 Din
8.5 1/32 Din

9 Single Loop Controller Market, By Application
9.1 Introduction
9.2 Oil and Gas Plants
9.3 Petrochemical Plants
9.4 Power Plants
9.5 Chemical Plants
9.6 Iron and Steel Plants
9.7 Other Applications

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Growing Investment for Manufacturing High-Quality Products and Rising Adoption of Automation Technology Drive Single Loop Controller Market Growth in Us
10.2.2 Canada
10.2.2.1 Increasing Government Support for Adoption of Advanced Manufacturing Technologies Propel Single Loop Controller Market Growth
10.2.3 Mexico
10.2.3.1 Ongoing Developments in Process and Discrete Industries Boost Growth of Single Loop Controller Market
10.3 Europe
10.3.1 UK
10.3.1.1 Rising Adoption of Smart Manufacturing in UK Drives Single Loop Controller Market Growth
10.3.2 Germany
10.3.2.1 Rising Demand for Automation in Germany Drives Single Loop Controller Market Growth
10.3.3 France
10.3.3.1 Government Initiatives Toward Increasing Production Efficiency Fuel Demand for Single Loop Controllers in France
10.3.4 Italy
10.3.4.1 High Adoption of Smart Factory Solutions in Italy Drives Demand for Single Loop Controllers in This Country
10.3.5 Rest of Europe
10.4 APAC
10.4.1 China
10.4.1.1 Increasing Labor Costs in China Leading to High Adoption of Advanced Automation Solutions, Which, in Turn, Drives Single Loop Controller Market Growth
10.4.2 Japan
10.4.2.1 Ongoing Developments in Smart Manufacturing Processes in Country to Surge Demand for Single Loop Controllers
10.4.3 South Korea
10.4.3.1 Increasing Investments By Government Toward Development of Manufacturing Sector Promote Growth of Single Loop Controller Market
10.4.4 India
10.4.4.1 Make in India Campaign Encourages Growth of Manufacturing Industry, Thereby Surging Demand for Single Loop Controllers to Fulfill Controlling and Monitoring Requirements of Industrial Automation
10.4.5 Rest of APAC
10.5 Rest of the World (RoW)
10.5.1 South America
10.5.2 Middle East and Africa
10.5.2.1 High Adoption of Advanced Manufacturing Solutions in Oil & Gas Industry Drives Demand for Single Loop Controllers in Middle East and Africa

11 Competitive Landscape
11.1 Overview
11.2 Product Launches and Developments
11.3 Partnerships, Contracts, Agreements, and Collaborations
11.4 Mergers & Acquisitions
11.5 Competitive Leadership Mapping
11.5.1 Visionary Leaders
11.5.2 Dynamic Differentiators
11.5.3 Innovators
11.5.4 Emerging Companies
11.6 Strength of Product Offering ( 15 Companies)
11.7 Business Strategy Excellence (15 Companies)

12 Company Profiles
12.1 Key Players
12.1.1 ABB Ltd.
12.1.2 Honeywell International Inc.
12.1.3 West Control Solutions
12.1.4 Sure Controls
12.1.5 Eurotherm
12.1.6 Yokogawa Electric Corporation
12.1.7 Omron
12.1.8 Gefran
12.1.9 Mitsubishi Electric Corporation
12.1.10 Azbil Corporation
12.1.11 PSG Plastic Service GmbH
12.1.12 Carotek
12.2 Other Players
12.2.1 PMA Controls India Ltd.
12.2.2 Athena Controls
12.2.3 M-System
12.2.4 Electronics Systems & Devices (ESD)

13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Subscription Portal
13.4 Author Details

List of Tables
Table 1 Single Loop Controller Market, By Type, 2015–2024 (USD Million)
Table 2 Single Loop Temperature Controller Market, By Application, 2015–2024 (USD Million)
Table 3 Single Loop Pressure Controller Market, By Application, 2015–2024 (USD Million)
Table 4 Single Loop Level Controller Market, By Application, 2015–2024 (USD Million)
Table 5 Single Loop Controller Market, By Display Type, 2015–2024 (USD Million)
Table 6 Single Loop Controller Market for LCD, By Panel Cutout Size, 2015–2024 (USD Million)
Table 7 Single Loop Controller Market for LED, By Panel Cutout Size, 2015–2024 (USD Million)
Table 8 Single Loop Controller Market, By Panel Cutout Size, 2015–2024 (USD Million)
Table 9 ¼ Din Single Loop Controller Market, By Display Type, 2015–2024 (USD Million)
Table 10 1/8 Din Single Loop Controller Market, By Display Type, 2015–2024 (USD Million)
Table 11 1/16 Din Single Loop Controller Market, By Display Type, 2015–2024 (USD Million)
Table 12 1/32 Din Single Loop Controller Market, By Display Type, 2015–2024 (USD Million)
Table 13 Single Loop Controller Market, By Application, 2015–2024 (USD Million)
Table 14 Single Loop Controller Market for Oil and Gas Plants, By Type, 2015–2024 (USD Thousand)
Table 15 Single Loop Controller Market for Oil and Gas Plants, By Region, 2015–2024 (USD Million)
Table 16 Single Loop Controller Market for Petrochemical Plants, By Type, 2015–2024 (USD Thousand)
Table 17 Single Loop Controller Market for Petrochemical Plants, By Region, 2015–2024 (USD Million)
Table 18 Single Loop Controller Market for Power Plants, By Type, 2015–2024 (USD Thousand)
Table 19 Single Loop Controller Market for Power Plants, By Region, 2015–2024 (USD Thousand)
Table 20 Single Loop Controller Market for Chemical Plants, By Type, 2015–2024 (USD Thousand)
Table 21 Single Loop Controller Market for Chemical Plants, By Region, 2015–2024 (USD Thousand)
Table 22 Single Loop Controller Market for Iron and Steel Plants, By Type, 2015–2024 (USD Thousand)
Table 23 Single Loop Controller Market for Iron and Steel Plants, By Region, 2015–2024 (USD Thousand)
Table 24 Single Loop Controller Market for Other Applications, By Type, 2015–2024 (USD Thousand)
Table 25 Single Loop Controller Market for Other Applications, By Region, 2015–2024 (USD Thousand)
Table 26 Single Loop Controller Market, By Region, 2015–2024 (USD Million)
Table 27 Single Loop Controller Market in North America, By Application, 2015–2024 (USD Million)
Table 28 Single Loop Controller Market in North America, By Country, 2015–2024 (USD Million)
Table 29 Single Loop Controller Market in Europe, By Application, 2015–2024 (USD Million)
Table 30 Single Loop Controller Market in Europe, By Country, 2015–2024 (USD Million)
Table 31 Single Loop Controller Market in APAC, By Application, 2015–2024 (USD Million)
Table 32 Single Loop Controller Market in APAC, By Country, 2015–2024 (USD Million)
Table 33 Single Loop Controller Market in RoW, By Application, 2015–2024 (USD Million)
Table 34 Single Loop Controller Market in RoW, By Region, 2015–2024 (USD Million)
Table 35 Product Launches and Developments, 2017
Table 36 Partnerships, Agreements, Collaborations, and Contracts, 2017
Table 37 Mergers & Acquisitions, 2017

List of Figures
Figure 1 Single Loop Controller Market Segmentation
Figure 2 Single Loop Controller Market: Research Design
Figure 3 Process Flow of Market Size Estimation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market Triangulation
Figure 7 Single Loop Controller Market, By Type, 2018vs. 2024
Figure 8 Single Loop Controller Market, By Cutout Display Size, 2018 vs 2024
Figure 9 Single Loop Controller Market, By Display Type, 2018 vs 2024
Figure 10 Single Loop Controller Market, By Application, 2018 vs 2024
Figure 11 Single Loop Controller Market, By Region, 2018
Figure 12 Single Loop Controller Market Expected to Grow at High Rate From 2019 to 2024
Figure 13 Temperature Controllers are Expected to Continue to Dominate Single Loop Controller Market in Coming Years
Figure 14 LCD Segment Expected to Command Single Loop Controller Market From 2019 and 2024
Figure 15 Comparison of Single Loop Controllers, By Panel Cutout Size, 2018 vs 2024
Figure 16 North America and Oil & Gas Plants Accounted for Largest Share of Single Loop Controller Market in 2018
Figure 17 China Expected to Witness Highest CAGR From 2019 and 2024
Figure 18 Changing Energy Trends and Increasing Demand for Unconventional Energy Sources Expected to Drive the Single Loop Controller Market
Figure 19 Temperature Controllers Expected to Lead Single Loop Controller Market During Forecast Period
Figure 20 LCD to Command Single Loop Controller Market From 2019 to 2024
Figure 21 Market for 1/8 Din Single Loop Controllers to Grow at Highest CAGR From 2019 to 2024
Figure 22 LCD Segment Likely to Dominate 1/8 Din Single Loop Controller Market From 2019 to 2024
Figure 23 Oil & Gas Plants Expected to Lead Single Loop Controller Market From 2019 to 2024
Figure 24 Temperature Controllers to Command Single Loop Controller Market for Power Plants From 2019 to 2024
Figure 25 North America to Account for the Largest Size of Single Loop Controller Market for Iron and Steel Plants From 2019 to 2024
Figure 26 Geographic Snapshot: Global Single Loop Controller Market
Figure 27 Snapshot: Single Loop Controller Market in North America
Figure 28 Snapshot: Single Loop Controller Market in Europe
Figure 29 Snapshot: Single Loop Controller Market in APAC
Figure 30 Ranking Analysis of Single Loop Controller Market Players (2018)
Figure 31 Key Strategies Adopted By Top Players
Figure 32 Single Loop Controller Market (Global) Competitive Leadership Mapping
Figure 33 ABB Ltd.: Company Snapshot
Figure 34 Honeywell International Inc.: Company Snapshot
Figure 35 Yokogawa Electric Corporation: Company Snapshot
Figure 36 Omron Corporation: Company Snapshot
Figure 37 Gefran: Company Snapshot
Figure 38 Mitsubishi Electric Corporation: Company Snapshot
Figure 39 Azbil Corporation: Company Snapshot

Note: Product cover images may vary from those shown
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  • ABB Ltd.
  • Athena Controls
  • Azbil Corporation
  • Carotek
  • Electronics Systems & Devices (ESD)
  • Eurotherm
  • Gefran
  • Honeywell International Inc.
  • M-System
  • Mitsubishi Electric Corporation
  • Omron
  • PMA Controls India Ltd.
  • PSG Plastic Service GmbH
  • Sure Controls
  • West Control Solutions
  • Yokogawa Electric Corporation
Note: Product cover images may vary from those shown
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