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Global Industrial Temperature Control Services Market 2017-2021

Global Industrial Temperature Control Services Market 2017-2021

About Industrial Temperature Control Services

Temperature control services are the installation, repair, calibration, maintenance and the consultation services related to the temperature controlling devices such as thermocouples, thermistors, thermometers, RTDs, temperature sensors, thermostats, and pyrometers. Industrial services are the most important aspect of quality management system of the processes carried out in the structural, piping, mechanical, electrical, instrumentation, and civil domain. These services have the main objective of reducing operational costs, downtime or shutdowns, and enhancing productivity and efficiency of industries.

Technavio’s analysts forecast the global industrial temperature control services market to grow at a CAGR of 6.49% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial temperature control services market for 2017-2021. To calculate the market size, the report considers the temperature calibration and consultation services, and aftersales services market that are related to installation (testing and commissioning), repair, and maintenance..

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Industrial Temperature Control Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Aggreko
  • Schneider Electric
  • Thermo Fischer Scientific
  • Yokogawa
Other prominent vendors
  • Temperature Control Service
  • LBT Testing & Calibration
  • UNION Instruments
  • Independent Temperature Control Services
  • JULABO
  • Rental Solutions & Services
Market driver
  • Increases the life span and operational efficiency of temperature control systems
  • For a full, detailed list, view our report
Market challenge
  • Market is highly fragmented
  • For a full, detailed list, view our report
Market trend
  • Shift from periodic to predictive calibration
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Industrial Temperature Control Services Market 2017-2021

Technavio recognizes the following companies as the key players in the global industrial temperature control services market: Aggreko, Schneider Electric, Thermo Fischer Scientific, and Yokogawa.

Other Prominent Vendors in the market are: Temperature Control Service, LBT Testing & Calibration, UNION Instruments, Independent Temperature Control Services, JULABO, and Rental Solutions & Services.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Shift from periodic to predictive calibration. In the industrial processes, there is a major need for maintaining the accuracy of instruments controlling the temperature of the processes and equipment. These factors lead to a high demand for temperature control services. Initially, there were instrument shops offering such services including calibration and instrument services, such as black body devices, deadweight testers, and handheld instruments, to calibrate instruments in the field. However, these instrument shops have vanished, and there is a rising trend of new service providers that offer instrumentation services.”

According to the report, one of the major drivers for this market is Increases the life span and operational efficiency of temperature control systems. Industries mainly focus on cutting down the overall operational expenses. Thus, a major part of the fixed budget is devoted to maintenance services of the systems installed in industries. Maintaining a proper schedule of maintenance services of temperature control systems such as chillers, HVAC, air handling units, air conditioners, cooling towers, fluid pumps, and heat exchangers will help in minimizing repair and replacement expenses and will increase the lifespan of the systems. The temperature control systems are responsible for maintaining the life of the instruments. Thus, the malfunction of an instrument can cause disturbance to the entire process of the industry.

Further, the report states that one of the major factors hindering the growth of this market is Market is highly fragmented. The global industrial temperature control services market is highly fragmented, which offers a major challenge for the vendors. The presence of such a substantial number of established vendors inflicts a huge barrier for the new entrants in the market. As the initial cost is low, many new small enterprises will get attracted. However, the presence of many vendors will offer a tough challenge for the new entrants and will not allow them to earn profits.

Companies Mentioned

Aggreko, Schneider Electric, Thermo Fischer Scientific, Yokogawa, Temperature Control Service, LBT Testing & Calibration, UNION Instruments, Independent Temperature Control Services, JULABO, Rental Solutions & Services

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table The instrumentation services application
  • Market landscape
    • Market overview
      • Table Global industrial temperature control services market segmentation
    • Market size and forecast
      • Table Global industrial temperature control services market 2016-2021 ($ millions)
      • Table Benefits of temperature control services
      • Table Comparative analysis of temperature control services in terms of in-house services and outsourced services
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by service type
    • Market overview
      • Table Global industrial temperature control services market by service type 2016 (% share)
      • Table Global industrial temperature control services market by service type 2021 (% share)
      • Table Comparative study of different types of services with the market in focus
    • Global industrial temperature control services market by calibration, repair, and maintenance services
      • Table Global industrial temperature control services market by calibration, repair, and maintenance services 2016-2021 ($ millions)
      • Table Instruments requiring temperature calibration services
    • Global industrial temperature control services market by installation services
      • Table Global industrial temperature control services market by installation services 2016-2021 ($ millions)
    • Global industrial temperature control services market by consultation services
      • Table Global industrial temperature control services market by consultation services 2016- 2021 ($ millions)
      • Table Steps followed by the service providers
  • Market segmentation by end-user
    • Market overview
      • Table Global industrial temperature control services market by end-user 2016 (% share)
      • Table Global industrial temperature control services market by end-user 2021 (% share)
      • Table Impact of the end-user industries on the growth rate of the geographic regions
    • Global industrial temperature control services market in process industries
      • Table Global industrial temperature control services market in process industries 2016-2021 ($ millions)
      • Table Applications of temperature control services in oil and gas industry
      • Table Applications of temperature control services in the power industry
      • Table Applications of temperature control services in the petrochemical industry
    • Global industrial temperature control services market in discrete industries
      • Table Global industrial temperature control services market in discrete industries 2016-2021 ($ millions)
      • Table Application of temperature control services in automotive industry
      • Table Application of temperature control services in electronics industry
  • Regional landscape
    • Geographical segmentation
      • Table Impact of end-user in terms of revenue contribution to the global industrial temperature control services market
      • Table Global industrial temperature control services segmentation by geography (% share)
    • Regional comparison
      • Table Regional comparison
    • Americas – Market size & forecast
      • Table Industrial temperature control services in Americas- Market size & forecast 2016-2021 ($ millions)
      • Table Industrial temperature control services in Americas – Year-over-year growth
      • Table Top 3 countries in Americas
    • EMEA – Market size & forecast
      • Table Industrial temperature control services in EMEA- Market size & forecast 2016-2021 ($ millions)
      • Table Industrial temperature control services in EMEA – Year-over-year growth
      • Table Top 3 countries in EMEA
    • APAC – Market size & forecast
      • Table Industrial temperature control services in APAC – Market size & forecast 2016-2021 ($ millions)
      • Table Industrial temperature control services in APAC – Year-over-year growth
      • Table Top 3 countries in APAC
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Preference given to in-house services
  • Market trends
    • Shift from periodic to predictive calibration
    • Thermal control of PCR
    • Online instrumentation services with IioT technology
  • Vendor landscape
    • Competitive landscape
      • Table Competition scenario of global industrial temperature control services market
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Aggreko
      • Table Industries served by Aggreko
      • Table Service portfolio of Aggreko
    • Schneider Electric
      • Table Industries served by Eurotherm
      • Table Services portfolio of Eurotherm
    • Thermo Fischer Scientific
      • Table Brands of Thermo Fischer Scientific
      • Table Services portfolio of Thermo Fischer Scientific
    • Yokogawa
      • Table Industries served by Yokogawa
      • Table Service portfolio of Yokogawa
  • Appendix
    • List of abbreviations
  • Explore Technavio

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