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Single-Loop Controllers Market 2021 Analysis by Global Manufacturers -Eurotherm, Yokogawa, West CS, Honeywell, Azbil Group, OMEGA Engineering
Single-Loop Controllers Market by Component, Application, Services, and Region- Forecast to 2025The Single-Loop Controllers market estimated at US$7.4 Billion in the year 2020, is projected to reach a revised size of US$9.8 Billion by 2025, growing at a CAGR of 4.1% over the analysis period 2020-2025.
The Global Single-Loop Controllers Market Research Report 2021-2025 is a significant source of keen information for business specialist. A report published by Market Insights Reports is an overall investigation and thorough information in regards to the market size and market elements of the Single-Loop Controllers. It furnishes the business outline with development, historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the worth chain and its wholesaler examination. The Single-Loop Controllers market study gives extensive information which upgrades the agreement, degree, and use of this report. This is a latest report, covering the COVID-19 impact on the market.
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Recent Developments On Single-Loop Controllers market -
In April 2017, Yokogawa released an enhanced version of the STARDOM network-based control system that consists of components such as HMI and FAST/TOOLSTM SCADA. Monitoring, operation, control, data collection, and storage are the major applications of the control system.
In January 2017, Yokogawa announced that its subsidiary, Yokogawa United Kingdom Ltd., signed a contract with British Pipeline Agency Limited (BPA) to offer enterprise pipeline management solution (EPMS) and supervisory control and data acquisition (SCADA) systems for major multi-product fuel pipeline project in the UK.
In September 2017, ABB acquired GE Industrial Solutions, GE’s global electrification solutions business. With GE Industrial Solutions, the company strengthened its position in electrification, globally, and expanded its access to the attractive North American market.
In April 2017, Gefran launched a new family of PID controllers including three models: 850/1650/1850. The new series offers numerous integrated functions permitting reduction of the number of devices installed on a machine, simplifying configuration and, therefore, saving time and money.
Top Companies in the Global Single-Loop Controllers Market are - Eurotherm, Yokogawa, West CS, Honeywell, Azbil Group, OMEGA Engineering, PSG, PMA, CAL Contrals, Moore Products, Vespo Marketng Assoc, Omron Electronics, The Foxboro Co., Anafaze, ABB,
Single loop controller market for oil & gas plants expected to hold the largest market share in 2018
Oil & gas plants held the largest market share of the market in 2018. Single loop controllers can control oil & gas plants remotely, and the operators can gain information about inventories and equipment conditions regularly. Moreover, remote monitoring can compensate for the shortage of skilled workforce for the collection of data related to equipment. Furthermore, remote monitoring reduces the risk to the lives of the workforce and improves the overall safety and efficiency. As several of oil & gas companies are establishing their drilling operations in remote offshore locations, the focus of these companies on safety and efficiency is driving the need for continuous monitoring within the industry, which, in turn, propels the growth of the single loop controller market.
Single-Loop Controllers Market Segmentation:
This report fragments the Global Single-Loop Controllers Market based on Types are-
Temperature Controllers
PID Controllers
Process Controllers
Based on Application, the Global Single-Loop Controllers Market are divided into-
Power Plants
Oil Refineries
Petrochemical Plants
Chemical Plants
Iron and Steel Plants
Prime Takeaways on Single-Loop Controllers Market Report:
Value chain analysis, which is combined with competitive landscape of key players of the Single-Loop Controllers market.
Market size and forecast of the Single-Loop Controllers market for the period from 2021 to 2025.
Global presence of the market, market dynamics and evaluation by upstream and downstream of raw materials.
CAGR% for individual segments in various regional markets for a period from 2021 to 2025.
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Geographic Coverage of Single-Loop Controllers Market Report-
The Single-Loop Controllers report contains detailed country-level analysis, market revenue, market value and forecast analysis of Single-Loop Controllers Market (2016-2025) of these regions are covered:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, etc.)
Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)
Reasons for purchasing this Report-
Market Research report takes a 360-degree approach to ensure that the niche and emerging aspects are also factored in to ultimately get accurate results.
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