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Europe Temperature Controlled System Market Size, Share & Trends Analysis Report By Type (Closed Loop Control, and Open Loop), By End User, By Application (Refrigerators, Air Conditioning, Water Heater, and Others) By Country and Growth Forecast, 2024 - 2031

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    Report

  • 142 Pages
  • April 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953676
The Europe Temperature Controlled System Market would witness market growth of 3.2% CAGR during the forecast period (2023-2031).

The Germany market dominated the Europe Temperature Controlled System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $126.5 Million by 2031. The UK market is exhibiting a CAGR of 2.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 4% during (2024 - 2031).



Laboratories and research facilities in the biotechnology and life sciences sectors rely on temperature-controlled systems to maintain optimal conditions for experiments, cell cultures, and sample storage. Incubators, refrigerators, freezers, and environmental chambers are commonly used to control temperature and humidity levels in these settings. Temperature control mechanisms are included in heating, ventilation, and air conditioning (HVAC) systems to manage indoor climate conditions for comfort, productivity, and energy efficiency.

Temperature-controlled systems are integral to various industrial processes, including manufacturing, chemical processing, and automotive production. Maintaining specific temperature conditions is essential for controlling chemical reactions, curing materials, and ensuring product quality and consistency in manufacturing operations. Greenhouses, nurseries, and agricultural facilities utilize temperature-controlled systems to create optimal crop, flower, and plant growth conditions.

According to Eurostat data, in 2021, a substantial fraction of the EU population resided in primarily urban regions (40.5%) and intermediate regions (38.7%), with the remaining fifth (20.8%) living in predominantly rural regions. The trend towards smart buildings and cities in Europe drives demand for temperature-controlled systems integrated with advanced technologies and digital infrastructure. Thus, all these factors will uplift the regional market’s expansion in the coming years.

Based on Type, the market is segmented into Closed Loop Control, and Open Loop. Based on End User, the market is segmented into Industrial Temperature Controlled System, Home Temperature Controlled System, and Others. Based on Application, the market is segmented into Refrigerators, Air Conditioning, Water Heater, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Carrier Global Corporation
  • Daikin Industries Ltd.
  • Johnson Controls International PLC
  • Siemens AG
  • Emerson Electric Co.
  • Honeywell International, Inc.
  • Mitsubishi Electric Corporation
  • Schneider Electric SE
  • LG Electronics, Inc. (LG Corporation)
  • Delta Electronics, Inc.

Market Report Segmentation

By Type
  • Closed Loop Control
  • Open Loop
By End User
  • Industrial Temperature Controlled System
  • Home Temperature Controlled System
  • Others
By Application
  • Refrigerators
  • Air Conditioning
  • Water Heater
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Temperature Controlled System Market, by Type
1.4.2 Europe Temperature Controlled System Market, by End User
1.4.3 Europe Temperature Controlled System Market, by Application
1.4.4 Europe Temperature Controlled System Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.3.2 Key Strategic Move: (Mergers & Acquisition: 2020, Apr - 2024, Jan) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. Europe Temperature Controlled System Market by Type
5.1 Europe Closed Loop Control Market by Country
5.2 Europe Open Loop Market by Country
Chapter 6. Europe Temperature Controlled System Market by End User
6.1 Europe Industrial Temperature Controlled System Market by Country
6.2 Europe Home Temperature Controlled System Market by Country
6.3 Europe Others Market by Country
Chapter 7. Europe Temperature Controlled System Market by Application
7.1 Europe Refrigerators Market by Country
7.2 Europe Air Conditioning Market by Country
7.3 Europe Water Heater Market by Country
7.4 Europe Others Market by Country
Chapter 8. Europe Temperature Controlled System Market by Country
8.1 Germany Temperature Controlled System Market
8.1.1 Germany Temperature Controlled System Market by Type
8.1.2 Germany Temperature Controlled System Market by End User
8.1.3 Germany Temperature Controlled System Market by Application
8.2 UK Temperature Controlled System Market
8.2.1 UK Temperature Controlled System Market by Type
8.2.2 UK Temperature Controlled System Market by End User
8.2.3 UK Temperature Controlled System Market by Application
8.3 France Temperature Controlled System Market
8.3.1 France Temperature Controlled System Market by Type
8.3.2 France Temperature Controlled System Market by End User
8.3.3 France Temperature Controlled System Market by Application
8.4 Russia Temperature Controlled System Market
8.4.1 Russia Temperature Controlled System Market by Type
8.4.2 Russia Temperature Controlled System Market by End User
8.4.3 Russia Temperature Controlled System Market by Application
8.5 Spain Temperature Controlled System Market
8.5.1 Spain Temperature Controlled System Market by Type
8.5.2 Spain Temperature Controlled System Market by End User
8.5.3 Spain Temperature Controlled System Market by Application
8.6 Italy Temperature Controlled System Market
8.6.1 Italy Temperature Controlled System Market by Type
8.6.2 Italy Temperature Controlled System Market by End User
8.6.3 Italy Temperature Controlled System Market by Application
8.7 Rest of Europe Temperature Controlled System Market
8.7.1 Rest of Europe Temperature Controlled System Market by Type
8.7.2 Rest of Europe Temperature Controlled System Market by End User
8.7.3 Rest of Europe Temperature Controlled System Market by Application
Chapter 9. Company Profiles
9.1 Carrier Global Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Daikin Industries Ltd.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Johnson Controls International PLC
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental & Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Siemens AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Emerson Electric Co.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Honeywell International, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Mitsubishi Electric Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Schneider Electric SE
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 LG Electronics, Inc. (LG Corporation)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional & Segmental Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Delta Electronics, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Research & Development Expense
9.10.4 Recent strategies and developments:
9.10.4.1 Partnerships, Collaborations, and Agreements:
9.10.4.2 Acquisition and Mergers:
9.10.5 SWOT Analysis

Companies Mentioned

  • Carrier Global Corporation
  • Daikin Industries Ltd.
  • Johnson Controls International PLC
  • Siemens AG
  • Emerson Electric Co.
  • Honeywell International, Inc.
  • Mitsubishi Electric Corporation
  • Schneider Electric SE
  • LG Electronics, Inc. (LG Corporation)
  • Delta Electronics, Inc.

Methodology

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