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According to the latest research, the global PID Controller market size was valued at USD 1644.0 million in 2022 and is expected to expand at a CAGR of 5.26% during the forecast period, reaching USD 2236.0 million by 2028.
A PID controller is an instrument used in industrial control applications to regulate temperature, flow, pressure, speed and other process variables. PID (proportional integral derivative) controllers use a control loop feedback mechanism to control process variables and are the most accurate and stable controller.
Company Overview:
Honeywell is one of the major players operating in the PID Controller market, holding a share of 5.23% in 2023.
Honeywell
Honeywell International Inc., American advanced-technology company that manufactures aerospace and automotive products; residential, commercial, and industrial control systems; specialty chemicals and plastics; and engineered materials.
Panasonic
Panasonic Corp (Panasonic) develops, produces, sells and services a range of electric and electronic products. Its products find application in the areas of consumer electronics, housing, B2B and automotive sectors. Panasonic's product portfolio includes room air-conditioners, TVs, fixed-phones, digital cameras, video equipment, home audio equipment, rice cookers, lamps, wiring devices, air-conditioning equipment, air purifiers and bicycles.
This report elaborates on the market size, market characteristics, and market growth of the PID Controller industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of PID Controller. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global PID Controller Market Report Include:
Market Size Estimates: PID Controller market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: PID Controller market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the PID Controller market
Segment Market Analysis: PID Controller market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: PID Controller market situations and prospects in major and top regions and countries
PID Controller Market
PID Controller Industry Chain: PID Controller market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
PID Controller Industry News, Policies by regions
PID Controller Industry Porters Five Forces Analysis
Key players in the global PID Controller market are covered in Chapter 2:
ABB
Red Lion Controls
Watlow
Calex Electronics
OMRON
Fuji Electric
Enfield Technologies
RKC Instrument
Eurotherm
HANYOUNGNUX
Panasonic
Honeywell
Durex Industries
Gefran
In Chapter 6 and Chapter 9, on the basis of types, the PID Controller market from 2018 to 2028 is primarily split into:
Temperature PID controller
Pressure PID controller
Flow PID controller
Motion PID controlle
In Chapter 7 and Chapter 10, on the basis of applications, the PID Controller market from 2018 to 2028 covers:
Oil and Gas
Food and Beverages
Power
Chemical
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global PID Controller market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the PID Controller industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of PID Controller market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the PID Controller industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on PID Controller market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the PID Controller market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed PID Controller market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
A PID controller is an instrument used in industrial control applications to regulate temperature, flow, pressure, speed and other process variables. PID (proportional integral derivative) controllers use a control loop feedback mechanism to control process variables and are the most accurate and stable controller.
Company Overview:
Honeywell is one of the major players operating in the PID Controller market, holding a share of 5.23% in 2023.
Honeywell
Honeywell International Inc., American advanced-technology company that manufactures aerospace and automotive products; residential, commercial, and industrial control systems; specialty chemicals and plastics; and engineered materials.
Panasonic
Panasonic Corp (Panasonic) develops, produces, sells and services a range of electric and electronic products. Its products find application in the areas of consumer electronics, housing, B2B and automotive sectors. Panasonic's product portfolio includes room air-conditioners, TVs, fixed-phones, digital cameras, video equipment, home audio equipment, rice cookers, lamps, wiring devices, air-conditioning equipment, air purifiers and bicycles.
This report elaborates on the market size, market characteristics, and market growth of the PID Controller industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of PID Controller. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global PID Controller Market Report Include:
Market Size Estimates: PID Controller market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: PID Controller market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the PID Controller market
Segment Market Analysis: PID Controller market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: PID Controller market situations and prospects in major and top regions and countries
PID Controller Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.PID Controller Industry Chain: PID Controller market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
PID Controller Industry News, Policies by regions
PID Controller Industry Porters Five Forces Analysis
Key players in the global PID Controller market are covered in Chapter 2:
ABB
Red Lion Controls
Watlow
Calex Electronics
OMRON
Fuji Electric
Enfield Technologies
RKC Instrument
Eurotherm
HANYOUNGNUX
Panasonic
Honeywell
Durex Industries
Gefran
In Chapter 6 and Chapter 9, on the basis of types, the PID Controller market from 2018 to 2028 is primarily split into:
Temperature PID controller
Pressure PID controller
Flow PID controller
Motion PID controlle
In Chapter 7 and Chapter 10, on the basis of applications, the PID Controller market from 2018 to 2028 covers:
Oil and Gas
Food and Beverages
Power
Chemical
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global PID Controller market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the PID Controller industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of PID Controller market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the PID Controller industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on PID Controller market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the PID Controller market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed PID Controller market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
