Global PID Controller Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global PID Controller Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

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.

Market Overview:

The latest research study on the global PID Controller market finds that the global PID Controller market reached a value of USD 1644.0 million in 2022. It’s expected that the market will achieve USD 2236.0 million by 2028, exhibiting a CAGR of 5.26% during the forecast period.

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.

Key Companies in the global PID Controller market covered in Chapter 3:

HANYOUNGNUX
Durex Industries
Watlow
RKC Instrument
Gefran
OMRON
Eurotherm
Enfield Technologies
ABB
Red Lion Controls
Honeywell
Calex Electronics
Panasonic
Fuji Electric

In Chapter 4 and Chapter 14.2, on the basis of types, the PID Controller market from 2018 to 2029 is primarily split into:

Temperature PID controller
Pressure PID controller
Flow PID controller
Motion PID controlle

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the PID Controller market from 2018 to 2029 covers:

Oil and Gas
Food and Beverages
Power
Chemical
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)