This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The temperature controller market size has grown steadily in recent years. It will grow from $1.24 billion in 2024 to $1.27 billion in 2025 at a compound annual growth rate (CAGR) of 2.7%. The growth in the historic period can be attributed to increasing use of packaged and processed food and beverages, increasing adoption of automation in various industries, expansion of the pharmaceutical industry, growing usage of temperature-sensitive medical devices and equipment, demand for temperature controllers in environmental control systems.
The temperature controller market size is expected to see steady growth in the next few years. It will grow to $1.4 billion in 2029 at a compound annual growth rate (CAGR) of 2.5%. The growth in the forecast period can be attributed to development of communication capacity in temperature controllers, growing demand for heating ventilation and air conditioning (HVAC) systems, increasing demand for temperature-controlled storage and transportation, rising demand for temperature controllers in automotive manufacturing processes, adoption of temperature control systems in agriculture and horticulture. Major trends in the forecast period include integration of IoT (internet of things) technology, wireless connectivity, compact designs, cloud-based solutions, integration with supervisory control and data acquisition (SCADA) systems.
The anticipated rise in the demand for packaged food and beverages is set to drive the growth of the temperature controller market in the future. Packaged foods and beverages refer to products that undergo manufacturing and packaging for convenient consumption. Temperature control plays a crucial role in the packaging and processing of these products, ensuring safety, quality, and extended shelf life by minimizing microbial growth, enzymatic reactions, and deterioration. This process preserves the integrity of packaged and processed food and beverages. For example, in October 2023, Agriculture and Agri-Food Canada (AAFC), a Canada-based government department, reported that the exports of processed food and beverage products reached a historic high of $54.3 billion in 2022, showing a 14.1% increase from the previous year and constituting 34.7% of the total production value. Therefore, the growing demand for packaged and processed food and beverages is a key driver for the temperature controller market.
Prominent companies in the temperature controller market are concentrating on the development of innovative products, such as hot-runner temperature controllers, to enhance the efficiency and capabilities of their offerings. These controllers regulate and maintain precise temperatures in the hot runner system, ensuring optimal conditions for the injection molding process. For instance, in April 2022, PCS Company, a US-based provider of mold bases and mold components, introduced the TC50, a hot-runner temperature controller available in two configurations for six or 12 control zones. It features a 7-inch touch screen, self-diagnostics, zone slaving, mold memory, leak detection, and connectivity with injection presses for input/output functions. Additionally, it provides power balance detection and display, along with a group setup function, effectively coordinating the heating and cooling of nozzles and the manifold.
In June 2024, Thermal Technology Distribution Solutions (TTDS), a US-based supplier of temperature management products, acquired Thermal Devices for an undisclosed amount. This acquisition enhances TTDS's portfolio by incorporating Thermal Devices' expertise in industrial electric heaters and temperature control solutions. Thermal Devices is a US-based company that specializes in the design, manufacture, and distribution of heating elements and other industrial electrical products.
Major companies operating in the temperature controller market are Siemens AG, Panasonic Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Control Company, Emerson Electric Co., Delta Electronics Inc., Omron Corporation, Mitsubishi Electric Corporation, Yokogawa Electric Corporation, Watlow Electric Manufacturing Company, Banner Engineering, Cole Parmer, Omega Engineering Inc., Autonics Corporation, Selec Controls Pvt. Ltd., Dwyer Instruments Inc., Hammond Manufacturing Co. Ltd., Tempco Electric Heater Corporation, Durex Industries, BriskHeat Corporation, Onset Computer Corporation, RKC Instrument Inc., Elektronika Sales Pvt. Ltd., TEGAM Inc., West Control Solutions, Temperature Controls Pty Ltd., Meitav Tec Ltd., Hanyoung Nux Co. Ltd.
Asia-Pacific was the largest region in the temperature controller market in 2024. The regions covered in the temperature controller market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the temperature controller market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The temperature controller market consists of sales of on/off temperature controllers, PID temperature controllers, programmable temperature controllers, industrial temperature controllers, and temperature control units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
A temperature controller serves as a device employed to manage the temperature of a system or process by comparing a sensor signal with a set point and adjusting the output accordingly. It functions as an instrument that ensures a desired temperature is maintained by overseeing heaters, cooling systems, or other related equipment.
Temperature controllers are primarily categorized into analog, digital, and hybrid types. Analog temperature controllers utilize analog electronic components to regulate temperature based on continuous voltage or current signals, offering precise real-time adjustments according to continuous sensor readings. This type is well-suited for applications requiring smooth control without digital discretization. End users, including those in oil and gas, plastics, food and beverage, automotive, chemicals, energy and power, and other sectors, utilize analog temperature controllers for temperature control and monitoring.
The temperature controller research report is one of a series of new reports that provides temperature controller market statistics, including the temperature controller industry's global market size, regional shares, competitors with an temperature controller market share, detailed temperature controller market segments, market trends and opportunities, and any further data you may need to thrive in the temperature controller industry. This temperature controller market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The temperature controller market size has grown steadily in recent years. It will grow from $1.24 billion in 2024 to $1.27 billion in 2025 at a compound annual growth rate (CAGR) of 2.7%. The growth in the historic period can be attributed to increasing use of packaged and processed food and beverages, increasing adoption of automation in various industries, expansion of the pharmaceutical industry, growing usage of temperature-sensitive medical devices and equipment, demand for temperature controllers in environmental control systems.
The temperature controller market size is expected to see steady growth in the next few years. It will grow to $1.4 billion in 2029 at a compound annual growth rate (CAGR) of 2.5%. The growth in the forecast period can be attributed to development of communication capacity in temperature controllers, growing demand for heating ventilation and air conditioning (HVAC) systems, increasing demand for temperature-controlled storage and transportation, rising demand for temperature controllers in automotive manufacturing processes, adoption of temperature control systems in agriculture and horticulture. Major trends in the forecast period include integration of IoT (internet of things) technology, wireless connectivity, compact designs, cloud-based solutions, integration with supervisory control and data acquisition (SCADA) systems.
The anticipated rise in the demand for packaged food and beverages is set to drive the growth of the temperature controller market in the future. Packaged foods and beverages refer to products that undergo manufacturing and packaging for convenient consumption. Temperature control plays a crucial role in the packaging and processing of these products, ensuring safety, quality, and extended shelf life by minimizing microbial growth, enzymatic reactions, and deterioration. This process preserves the integrity of packaged and processed food and beverages. For example, in October 2023, Agriculture and Agri-Food Canada (AAFC), a Canada-based government department, reported that the exports of processed food and beverage products reached a historic high of $54.3 billion in 2022, showing a 14.1% increase from the previous year and constituting 34.7% of the total production value. Therefore, the growing demand for packaged and processed food and beverages is a key driver for the temperature controller market.
Prominent companies in the temperature controller market are concentrating on the development of innovative products, such as hot-runner temperature controllers, to enhance the efficiency and capabilities of their offerings. These controllers regulate and maintain precise temperatures in the hot runner system, ensuring optimal conditions for the injection molding process. For instance, in April 2022, PCS Company, a US-based provider of mold bases and mold components, introduced the TC50, a hot-runner temperature controller available in two configurations for six or 12 control zones. It features a 7-inch touch screen, self-diagnostics, zone slaving, mold memory, leak detection, and connectivity with injection presses for input/output functions. Additionally, it provides power balance detection and display, along with a group setup function, effectively coordinating the heating and cooling of nozzles and the manifold.
In June 2024, Thermal Technology Distribution Solutions (TTDS), a US-based supplier of temperature management products, acquired Thermal Devices for an undisclosed amount. This acquisition enhances TTDS's portfolio by incorporating Thermal Devices' expertise in industrial electric heaters and temperature control solutions. Thermal Devices is a US-based company that specializes in the design, manufacture, and distribution of heating elements and other industrial electrical products.
Major companies operating in the temperature controller market are Siemens AG, Panasonic Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Control Company, Emerson Electric Co., Delta Electronics Inc., Omron Corporation, Mitsubishi Electric Corporation, Yokogawa Electric Corporation, Watlow Electric Manufacturing Company, Banner Engineering, Cole Parmer, Omega Engineering Inc., Autonics Corporation, Selec Controls Pvt. Ltd., Dwyer Instruments Inc., Hammond Manufacturing Co. Ltd., Tempco Electric Heater Corporation, Durex Industries, BriskHeat Corporation, Onset Computer Corporation, RKC Instrument Inc., Elektronika Sales Pvt. Ltd., TEGAM Inc., West Control Solutions, Temperature Controls Pty Ltd., Meitav Tec Ltd., Hanyoung Nux Co. Ltd.
Asia-Pacific was the largest region in the temperature controller market in 2024. The regions covered in the temperature controller market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the temperature controller market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The temperature controller market consists of sales of on/off temperature controllers, PID temperature controllers, programmable temperature controllers, industrial temperature controllers, and temperature control units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
A temperature controller serves as a device employed to manage the temperature of a system or process by comparing a sensor signal with a set point and adjusting the output accordingly. It functions as an instrument that ensures a desired temperature is maintained by overseeing heaters, cooling systems, or other related equipment.
Temperature controllers are primarily categorized into analog, digital, and hybrid types. Analog temperature controllers utilize analog electronic components to regulate temperature based on continuous voltage or current signals, offering precise real-time adjustments according to continuous sensor readings. This type is well-suited for applications requiring smooth control without digital discretization. End users, including those in oil and gas, plastics, food and beverage, automotive, chemicals, energy and power, and other sectors, utilize analog temperature controllers for temperature control and monitoring.
The temperature controller research report is one of a series of new reports that provides temperature controller market statistics, including the temperature controller industry's global market size, regional shares, competitors with an temperature controller market share, detailed temperature controller market segments, market trends and opportunities, and any further data you may need to thrive in the temperature controller industry. This temperature controller market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Temperature Controller Market Characteristics3. Temperature Controller Market Trends and Strategies4. Temperature Controller Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Temperature Controller Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Temperature Controller Market34. Recent Developments in the Temperature Controller Market
5. Global Temperature Controller Growth Analysis and Strategic Analysis Framework
6. Temperature Controller Market Segmentation
7. Temperature Controller Market Regional and Country Analysis
8. Asia-Pacific Temperature Controller Market
9. China Temperature Controller Market
10. India Temperature Controller Market
11. Japan Temperature Controller Market
12. Australia Temperature Controller Market
13. Indonesia Temperature Controller Market
14. South Korea Temperature Controller Market
15. Western Europe Temperature Controller Market
16. UK Temperature Controller Market
17. Germany Temperature Controller Market
18. France Temperature Controller Market
19. Italy Temperature Controller Market
20. Spain Temperature Controller Market
21. Eastern Europe Temperature Controller Market
22. Russia Temperature Controller Market
23. North America Temperature Controller Market
24. USA Temperature Controller Market
25. Canada Temperature Controller Market
26. South America Temperature Controller Market
27. Brazil Temperature Controller Market
28. Middle East Temperature Controller Market
29. Africa Temperature Controller Market
30. Temperature Controller Market Competitive Landscape and Company Profiles
31. Temperature Controller Market Other Major and Innovative Companies
35. Temperature Controller Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Temperature Controller Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on temperature controller market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for temperature controller? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The temperature controller market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Analog; Digital; Hybrid2) By Application: Temperature Controlling; Temperature Monitoring
3) By End-User: Oil And Gas; Plastics; Food And Beverage; Automotive; Chemicals; Energy And Power; Other End-Users
Subsegments:
1) By Analog: Mechanical Temperature Controllers; Bimetallic and Fluid Expansion-based Controllers; Thermostat-based Analog Controllers2) By Digital: Microprocessor-based Digital Controllers; Programmable Digital Controllers; PID (Proportional-Integral-Derivative) Digital Controllers
3) By Hybrid: Analog-Digital Combination Controllers; Digital Controllers with Analog Output for Specific Applications; Hybrid Controllers for Industrial and HVAC Applications
Key Companies Mentioned: Siemens AG; Panasonic Corporation; Schneider Electric SE; Honeywell International Inc.; ABB Ltd
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Temperature Controller market report include:- Siemens AG
- Panasonic Corporation
- Schneider Electric SE
- Honeywell International Inc.
- ABB Ltd
- Control Company
- Emerson Electric Co.
- Delta Electronics Inc.
- Omron Corporation
- Mitsubishi Electric Corporation
- Yokogawa Electric Corporation
- Watlow Electric Manufacturing Company
- Banner Engineering
- Cole Parmer
- Omega Engineering Inc.
- Autonics Corporation
- Selec Controls Pvt. Ltd.
- Dwyer Instruments Inc.
- Hammond Manufacturing Co. Ltd.
- Tempco Electric Heater Corporation
- Durex Industries
- BriskHeat Corporation
- Onset Computer Corporation
- RKC Instrument Inc.
- Elektronika Sales Pvt. Ltd.
- TEGAM Inc.
- West Control Solutions
- Temperature Controls Pty Ltd
- Meitav Tec Ltd.
- Hanyoung Nux Co. Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 1.27 Billion |
Forecasted Market Value ( USD | $ 1.4 Billion |
Compound Annual Growth Rate | 2.5% |
Regions Covered | Global |
No. of Companies Mentioned | 31 |