PID Temperature Regulators is a control loop mechanism employing feedback that is widely used in industrial control systems and a variety of other applications requiring continuously modulated control. The temperature controller takes an input from a temperature sensor and has an output that is connected to a control element. A PID controller continuously calculates an error value e(t) as the difference between a desired setpoint (SP) and a measured process variable (PV) and applies a correction based on proportional, integral, and derivative terms (denoted P, I, and D respectively).
The global market for PID Temperature Regulators is estimated to increase from US$ 825.4 million in 2021 to reach US$ 1780.5 million by 2028, exhibiting a CAGR of 11.6% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global main manufacturers of PID temperature regulators include Omron, Yokogawa Electric Corporation and Honeywell, etc. The top three players hold a share about 33%. Europe is the largest producer, holds a share around 27%, followed by China and North America, with share 23% and 22%, separately. The largest market is Europe, has a share about 31%, followed by North America and China, with around 24% and 16% market share respectively.
Report Coverage
This latest report provides a deep insight into the global PID Temperature Regulators market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global PID Temperature Regulators market, with both quantitative and qualitative data, to help readers understand how the PID Temperature Regulators market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K Units.
Market Segmentation:
The study segments the PID Temperature Regulators market and forecasts the market size by Type (Single Loop PID Temperature Regulators and Multi-loop PID Temperature Regulators,), by Application (Food & Beverage, Biology & Chemical, Plastic and Water Treatment), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Single Loop PID Temperature Regulators
Multi-loop PID Temperature Regulators
Segmentation by application
Food & Beverage
Biology & Chemical
Plastic
Water Treatment
Automotive
Furnace
Semiconductor
Electrical and Electronics
Others
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Omron
Yokogawa Electric Corporation
Honeywell
Eurotherm
Jumo
Gefran
AE Energy
Watlow
West Control Solutions
Delta Electronics, Inc
BrainChild Electronic Co., Ltd
Fuji
RKC
WIKA
Xiamen Yudian
Chapter Introduction
Chapter 1: Scope of PID Temperature Regulators, Research Methodology, etc.
Chapter 2: Executive Summary, global PID Temperature Regulators market size (sales and revenue) and CAGR, PID Temperature Regulators market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: PID Temperature Regulators sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global PID Temperature Regulators sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global PID Temperature Regulators market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Omron, Yokogawa Electric Corporation, Honeywell, Eurotherm, Jumo, Gefran, AE Energy, Watlow and West Control Solutions, etc.
Chapter 14: Research Findings and Conclusion