TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 STUDY OBJECTIVES 14
1.2 DEFINITION 14
1.3 STUDY SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 GEOGRAPHIC SCOPE 16
1.3.3 YEARS CONSIDERED 16
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from secondary sources 20
2.1.2.2 Breakdown of primaries 20
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 22
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 23
2.4 RESEARCH ASSUMPTIONS 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 29
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN SINGLE LOOP CONTROLLER MARKET 29
4.2 SINGLE LOOP CONTROLLER MARKET, BY TYPE 29
4.3 SINGLE LOOP CONTROLLER MARKET, BY DISPLAY TYPE 30
4.4 SINGLE LOOP CONTROLLER MARKET, BY PANEL CUTOUT SIZE 30
4.5 SINGLE LOOP CONTROLLER MARKET, BY REGION AND APPLICATION 31
4.6 SINGLE LOOP CONTROLLER MARKET, BY REGION 32
 
5 MARKET OVERVIEW 33
5.1 INTRODUCTION 33
5.2 MARKET DYNAMICS 33
5.2.1 DRIVERS 34
5.2.1.1 Changing energy trends and increasing demand for unconventional energy sources 34
5.2.1.2 Booming power sector and increasing investments toward power generation projects 34
5.2.2 RESTRAINTS 34
5.2.2.1 High initial cost of automating manufacturing plants and requirement for huge capital for system maintenance and modification 34
5.2.2.2 Stagnant growth of oil & gas industry 35
5.2.3 OPPORTUNITIES 35
5.2.3.1 Changing trends of manufacturing industry in Middle East 35
5.2.4 CHALLENGES 35
5.2.4.1 Stagnant industrial growth in developed countries in North America and Europe 35
6 SINGLE LOOP CONTROLLER MARKET, BY TYPE 36
6.1 INTRODUCTION 37
6.2 TEMPERATURE CONTROLLERS 38
6.2.1 OIL & GAS INDUSTRY EXPECTED TO BE THE LARGEST ADOPTER OF TEMPERATURE CONTROLLERS 38
6.3 PRESSURE CONTROLLERS 39
6.3.1 PRESSURE PLAYS A VITAL ROLE IN PROCESSES SUCH AS BOILING, CHEMICAL REACTION, DISTILLATION, EXTRUSION, VACUUMING,
AND AIR CONDITIONING 39
6.4 LEVEL CONTROLLERS 40
6.4.1 LEVEL CONTROLLERS ARE LARGELY USED IN PETROCHEMICAL PLANTS AND OIL & GAS PLANTS TO MAITAIN THE LIQUID LEVEL INSIDE THE VESSEL 40
7 SINGLE LOOP CONTROLLER MARKET, BY DISPLAY TYPE 41
7.1 INTRODUCTION 42
7.2 LCD 43
7.2.1 LCD DISPLAY TYPE IS LARGELY USED FOR SINGLE LOOP CONTROLLER 43
7.3 LED 43
7.3.1 HIGH EFFICIENCY AND LOW ENERGY CONSUMPTION DRIVES
THE DEMAND FOR LED DISPLAY 43
8 SINGLE LOOP CONTROLLER MARKET, BY PANEL CUTOUT SIZE 45
8.1 INTRODUCTION 46
8.2 1/4 DIN 47
8.2.1 SMALL SIZE DRIVES THR ADOPTION OF ¼ DIN SINGLE LOOP CONTROLLERS 47
 
8.3 1/8 DIN 47
8.3.1 1/8 DIN SINGLE LOOP CONTROLLERS ARE LARGELY USED IN FOOD & BEVERAGE INDUSTRY 47
8.4 1/16 DIN 48
8.4.1 ADVANCE TUNING AND AUTO MANUAL SWITCHING FEATURES DRIVES
THE GROWTH OF 1/16 DIN SINGLE LOOP CONTROLLER 48
8.5 1/32 DIN 49
8.5.1 HIGH QUALITY AND TECHNOLOGICALLY ADVANCED FEATURES BOOST GROWTH OF 1/32 DIN SINGLE LOOP CONTROLLER 49
9 SINGLE LOOP CONTROLLER MARKET, BY APPLICATION 50
9.1 INTRODUCTION 51
9.2 OIL AND GAS PLANTS 52
9.2.1 SMART FACTORY ADOPTION IN OIL AND GAS PLANTS DRIVES ADOPTON OF SINGLE LOOP CONTROLLERS 52
9.3 PETROCHEMICAL PLANTS 53
9.3.1 REGULATORY NORMS AND NEED FOR SAFETY FEATURES DRIVES SINGLE LOOP CONTROLLER MARKET IN PETROCHEMICAL PLANTS 53
9.4 POWER PLANTS 54
9.4.1 NEED FOR PERFORMANCE TRACKING DRIVES SINGLE LOOP CONTROLLER MARKET IN POWER PLANTS 54
9.5 CHEMICAL PLANTS 56
9.5.1 ADOPTION OF ADVANCED MANUFACTURING SOLUTIONS IS INCREASING SIGNIFICANTLY IN THE CHEMICALS INDUSTRY 56
9.6 IRON AND STEEL PLANTS 57
9.6.1 CONTROL SYSTEMS AND FIELD INSTRUMENTS ARE USED TO MONITOR AND CONTROL VARIOUS PROCESSES IN THE IRON AND STEEL PLANT 57
9.7 OTHER APPLICATIONS 58
9.7.1 FOOD & BEVERAGE INDUSTRY IS THE MAJOR CONTRIBUTOR IN SINGLE LOOP CONTROLLER MARKET AMONG OTHER INDUSTRIES 58
10 GEOGRAPHIC ANALYSIS 60
10.1 INTRODUCTION 61
10.2 NORTH AMERICA 63
10.2.1 US 65
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 65
10.2.2 CANADA 65
10.2.2.1 Increasing government support for adoption of advanced manufacturing technologies propel single loop controller
market growth 65
10.2.3 MEXICO 65
10.2.3.1 Ongoing developments in process and discrete industries boost growth of single loop controller market 65
 
10.3 EUROPE 66
10.3.1 UK 68
10.3.1.1 Rising adoption of smart manufacturing in UK drives single loop controller market growth 68
10.3.2 GERMANY 68
10.3.2.1 Rising demand for automation in Germany drives single loop controller market growth 68
10.3.3 FRANCE 68
10.3.3.1 Government initiatives toward increasing production efficiency fuel demand for single loop controllers in France 68
10.3.4 ITALY 68
10.3.4.1 High adoption of smart factory solutions in Italy drives demand for single loop controllers in this country 68
10.3.5 REST OF EUROPE 68
10.4 APAC 69
10.4.1 CHINA 71
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 71
10.4.2 JAPAN 71
10.4.2.1 Ongoing developments in smart manufacturing processes in country to surge demand for single loop controllers 71
10.4.3 SOUTH KOREA 71
10.4.3.1 Increasing investments by government toward development of manufacturing sector promote growth of single loop controller market 71
10.4.4 INDIA 72
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 72
10.4.5 REST OF APAC 72
10.5 REST OF THE WORLD (ROW) 72
10.5.1 SOUTH AMERICA 73
10.5.1.1 Growing industrialization and upsurge in process tracking and compliances drives adoption of single loop controller in
South America 73
10.5.2 MIDDLE EAST AND AFRICA 73
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 73
11 COMPETITIVE LANDSCAPE 74
11.1 OVERVIEW 74
11.2 PRODUCT LAUNCHES AND DEVELOPMENTS 76
11.3 PARTNERSHIPS, CONTRACTS, AGREEMENTS, AND COLLABORATIONS 76
11.4 MERGERS & ACQUISITIONS 76
11.5 COMPETITIVE LEADERSHIP MAPPING 77
11.5.1 VISIONARY LEADERS 77
11.5.2 DYNAMIC DIFFERENTIATORS 77
11.5.3 INNOVATORS 77
11.5.4 EMERGING COMPANIES 77
11.6 STRENGTH OF PRODUCT OFFERING (15 COMPANIES) 79
11.7 BUSINESS STRATEGY EXCELLENCE (15 COMPANIES) 80
12 COMPANY PROFILES 81
12.1 KEY PLAYERS 81
(Business overview, Products offered, Recent developments, MNM view, SWOT analysis)*
12.1.1 ABB LTD. 81
12.1.2 HONEYWELL INTERNATIONAL INC. 84
12.1.3 WEST CONTROL SOLUTIONS 87
12.1.4 SURE CONTROLS 89
12.1.5 EUROTHERM 90
12.1.6 YOKOGAWA ELECTRIC CORPORATION 92
12.1.7 OMRON 95
12.1.8 GEFRAN 97
12.1.9 MITSUBISHI ELECTRIC CORPORATION 99
12.1.10 AZBIL CORPORATION 101
12.1.11 PSG PLASTIC SERVICE GMBH 103
12.1.12 CAROTEK 104
12.2 OTHER PLAYERS 105
12.2.1 PMA CONTROLS INDIA LTD. 105
12.2.2 ATHENA CONTROLS 105
12.2.3 M-SYSTEM 105
12.2.4 ELECTRONICS SYSTEMS & DEVICES (ESD) 106
*Business overview, Products offered, Recent developments, MNM view, SWOT analysis might not be captured in case of unlisted companies.
13 APPENDIX 107
13.1 INSIGHTS FROM INDUSTRY EXPERTS 107
13.2 DISCUSSION GUIDE 108
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 110
13.4 AVAILABLE CUSTOMIZATIONS 112
13.5 RELATED REPORTS: 112
13.6 AUTHOR DETAILS 113

LIST OF TABLES

TABLE 1 SINGLE LOOP CONTROLLER MARKET, BY TYPE, 2015–2024 (USD MILLION) 37
TABLE 2 SINGLE LOOP TEMPERATURE CONTROLLER MARKET, BY APPLICATION,
2015–2024 (USD MILLION) 38
TABLE 3 SINGLE LOOP PRESSURE CONTROLLER MARKET, BY APPLICATION,
2015–2024 (USD MILLION) 39
TABLE 4 SINGLE LOOP LEVEL CONTROLLER MARKET, BY APPLICATION,
2015–2024 (USD MILLION) 40
TABLE 5 SINGLE LOOP CONTROLLER MARKET, BY DISPLAY TYPE,
2015–2024 (USD MILLION) 42
TABLE 6 SINGLE LOOP CONTROLLER MARKET FOR LCD, BY PANEL CUTOUT SIZE,
2015–2024 (USD MILLION) 43
TABLE 7 SINGLE LOOP CONTROLLER MARKET FOR LED, BY PANEL CUTOUT SIZE,
2015–2024 (USD MILLION) 44
TABLE 8 SINGLE LOOP CONTROLLER MARKET, BY PANEL CUTOUT SIZE,
2015–2024 (USD MILLION) 46
TABLE 9 ¼ DIN SINGLE LOOP CONTROLLER MARKET, BY DISPLAY TYPE,
2015–2024 (USD MILLION) 47
TABLE 10 1/8 DIN SINGLE LOOP CONTROLLER MARKET, BY DISPLAY TYPE,
2015–2024 (USD MILLION) 48
TABLE 11 1/16 DIN SINGLE LOOP CONTROLLER MARKET, BY DISPLAY TYPE,
2015–2024 (USD MILLION) 49
TABLE 12 1/32 DIN SINGLE LOOP CONTROLLER MARKET, BY DISPLAY TYPE,
2015–2024 (USD MILLION) 49
TABLE 13 SINGLE LOOP CONTROLLER MARKET, BY APPLICATION,
2015–2024 (USD MILLION) 51
TABLE 14 SINGLE LOOP CONTROLLER MARKET FOR OIL AND GAS PLANTS, BY TYPE,
2015–2024 (USD THOUSAND) 52
TABLE 15 SINGLE LOOP CONTROLLER MARKET FOR OIL AND GAS PLANTS, BY REGION, 2015–2024 (USD MILLION) 53
TABLE 16 SINGLE LOOP CONTROLLER MARKET FOR PETROCHEMICAL PLANTS, BY TYPE, 2015–2024 (USD THOUSAND) 53
TABLE 17 SINGLE LOOP CONTROLLER MARKET FOR PETROCHEMICAL PLANTS, BY REGION, 2015–2024 (USD MILLION) 54
TABLE 18 SINGLE LOOP CONTROLLER MARKET FOR POWER PLANTS, BY TYPE,
2015–2024 (USD THOUSAND) 55
TABLE 19 SINGLE LOOP CONTROLLER MARKET FOR POWER PLANTS, BY REGION,
2015–2024 (USD THOUSAND) 56
TABLE 20 SINGLE LOOP CONTROLLER MARKET FOR CHEMICAL PLANTS, BY TYPE,
2015–2024 (USD THOUSAND) 56
TABLE 21 SINGLE LOOP CONTROLLER MARKET FOR CHEMICAL PLANTS, BY REGION,
2015–2024 (USD THOUSAND) 57
TABLE 22 SINGLE LOOP CONTROLLER MARKET FOR IRON AND STEEL PLANTS, BY TYPE, 2015–2024 (USD THOUSAND) 57
TABLE 23 SINGLE LOOP CONTROLLER MARKET FOR IRON AND STEEL PLANTS, BY REGION, 2015–2024 (USD THOUSAND) 58
TABLE 24 SINGLE LOOP CONTROLLER MARKET FOR OTHER APPLICATIONS, BY TYPE,
2015–2024 (USD THOUSAND) 59
TABLE 25 SINGLE LOOP CONTROLLER MARKET FOR OTHER APPLICATIONS, BY REGION, 2015–2024 (USD THOUSAND) 59
TABLE 26 SINGLE LOOP CONTROLLER MARKET, BY REGION, 2015–2024 (USD MILLION) 62
TABLE 27 SINGLE LOOP CONTROLLER MARKET IN NORTH AMERICA, BY APPLICATION,
2015–2024 (USD MILLION) 64
TABLE 28 SINGLE LOOP CONTROLLER MARKET IN NORTH AMERICA, BY COUNTRY,
2015–2024 (USD MILLION) 64
TABLE 29 SINGLE LOOP CONTROLLER MARKET IN EUROPE, BY APPLICATION,
2015–2024 (USD MILLION) 67
TABLE 30 SINGLE LOOP CONTROLLER MARKET IN EUROPE, BY COUNTRY,
2015–2024 (USD MILLION) 67
TABLE 31 SINGLE LOOP CONTROLLER MARKET IN APAC, BY APPLICATION,
2015–2024 (USD MILLION) 70
TABLE 32 SINGLE LOOP CONTROLLER MARKET IN APAC, BY COUNTRY,
2015–2024 (USD MILLION) 70
TABLE 33 SINGLE LOOP CONTROLLER MARKET IN ROW, BY APPLICATION,
2015–2024 (USD MILLION) 72
TABLE 34 SINGLE LOOP CONTROLLER MARKET IN ROW, BY REGION,
2015–2024 (USD MILLION) 73
TABLE 35 PRODUCT LAUNCHES AND DEVELOPMENTS, 2017 76
TABLE 36 PARTNERSHIPS, AGREEMENTS, COLLABORATIONS, AND CONTRACTS, 2017 76
TABLE 37 MERGERS & ACQUISITIONS, 2017 76


LIST OF FIGURES

FIGURE 1 SINGLE LOOP CONTROLLER MARKET SEGMENTATION 15
FIGURE 2 SINGLE LOOP CONTROLLER MARKET: RESEARCH DESIGN 18
FIGURE 3 PROCESS FLOW OF MARKET SIZE ESTIMATION 21
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 22
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 22
FIGURE 6 MARKET TRIANGULATION 23
FIGURE 7 SINGLE LOOP CONTROLLER MARKET, BY TYPE, 2018 VS. 2024 26
FIGURE 8 SINGLE LOOP CONTROLLER MARKET, BY PANEL CUTOUT SIZE, 2018 VS. 2024 26
FIGURE 9 SINGLE LOOP CONTROLLER MARKET, BY DISPLAY TYPE, 2018 VS. 2024 27
FIGURE 10 SINGLE LOOP CONTROLLER MARKET, BY APPLICATION, 2018 VS. 2024 27
FIGURE 11 ASIA PACIFIC IS EXPECTED TO GROW AT THE HIGHEST RATE BETWEEN
2019 AND 2024 28
FIGURE 12 SINGLE LOOP CONTROLLER MARKET EXPECTED TO GROW AT HIGH RATE FROM 2019 TO 2024 29
FIGURE 13 TEMPERATURE CONTROLLERS ARE EXPECTED TO CONTINUE TO DOMINATE SINGLE LOOP CONTROLLER MARKET IN COMING YEARS 29
FIGURE 14 LCD SEGMENT EXPECTED TO COMMAND SINGLE LOOP CONTROLLER MARKET FROM 2019 AND 2024 30
FIGURE 15 COMPARISON OF SINGLE LOOP CONTROLLERS, BY PANEL CUTOUT SIZE,
2018 VS. 2024 30
FIGURE 16 NORTH AMERICA AND OIL & GAS PLANTS ACCOUNTED FOR LARGEST SHARE OF SINGLE LOOP CONTROLLER MARKET IN 2018 31
FIGURE 17 CHINA EXPECTED TO WITNESS HIGHEST CAGR FROM 2019 AND 2024 32
FIGURE 18 CHANGING ENERGY TRENDS AND INCREASING DEMAND FOR UNCONVENTIONAL ENERGY SOURCES EXPECTED TO DRIVE THE SINGLE LOOP CONTROLLER MARKET 33
FIGURE 19 TEMPERATURE CONTROLLERS EXPECTED TO LEAD SINGLE LOOP CONTROLLER MARKET DURING FORECAST PERIOD 37
FIGURE 20 LCD TO COMMAND SINGLE LOOP CONTROLLER MARKET FROM 2019 TO 2024 42
FIGURE 21 MARKET FOR 1/8 DIN SINGLE LOOP CONTROLLERS TO GROW AT HIGHEST CAGR FROM 2019 TO 2024 46
FIGURE 22 LCD SEGMENT LIKELY TO DOMINATE 1/8 DIN SINGLE LOOP CONTROLLER MARKET FROM 2019 TO 2024 48
FIGURE 23 OIL & GAS PLANTS EXPECTED TO LEAD SINGLE LOOP CONTROLLER MARKET FROM 2019 TO 2024 51
FIGURE 24 TEMPERATURE CONTROLLERS TO COMMAND SINGLE LOOP CONTROLLER MARKET FOR POWER PLANTS FROM 2019 TO 2024 55
FIGURE 25 NORTH AMERICA TO ACCOUNT FOR LARGEST SIZE OF SINGLE LOOP CONTROLLER MARKET FOR IRON AND STEEL PLANTS FROM 2019 TO 2024 58
FIGURE 26 GEOGRAPHIC SNAPSHOT: GLOBAL SINGLE LOOP CONTROLLER MARKET 61
FIGURE 27 SNAPSHOT: SINGLE LOOP CONTROLLER MARKET IN NORTH AMERICA 63
FIGURE 28 SNAPSHOT: SINGLE LOOP CONTROLLER MARKET IN EUROPE 66
FIGURE 29 SNAPSHOT: SINGLE LOOP CONTROLLER MARKET IN APAC 69
FIGURE 30 RANKING ANALYSIS OF SINGLE LOOP CONTROLLER MARKET PLAYERS (2018) 74
 
FIGURE 31 KEY STRATEGIES ADOPTED BY TOP PLAYERS 75
FIGURE 32 SINGLE LOOP CONTROLLER MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2018 78
FIGURE 33 ABB LTD.: COMPANY SNAPSHOT 82
FIGURE 34 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 84
FIGURE 35 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT 92
FIGURE 36 OMRON: COMPANY SNAPSHOT 95
FIGURE 37 GEFRAN: COMPANY SNAPSHOT 97
FIGURE 38 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT 100
FIGURE 39 AZBIL CORPORATION: COMPANY SNAPSHOT 101