Environment Controllers Market

Environment Controllers Market Size (2023-2028):

The Global Environment Controller Market was worth US$ 6.95 billion in 2022 and is projected to reach a valuation of US$ 10.05 billion in 2028 and is predicted to register a CAGR of 6.52% during 2023-2028.

Market Scenario:

Environmental controllers are used to regulate elements such as temperature, humidity, and air pressure in the environment. An office or workspace, or chamber for testing or process purposes, can be used to manage the environment. Environmental controllers for buildings can be linked with air handling units, variable air volume units, rooftop units, and fan coil units, and receive input from thermostats and space sensors. Lighting, heating, and cooling systems can all be controlled with some gadgets. Environmental Controllers are predicted to profit from several automation and smart city projects as a result of Industry 4.0 technologies. Machine-to-machine (M2M) communication, for example, is projected to involve technology interaction (such as factory floor sensors) to improve production processes and safety.

Environmental sensors are essential for achieving a more connected society. Sensors and sensor networks are radically transforming understanding of the harmful variables that affect the environment, from providing information on the immediate surroundings to assisting in the fight against global climate change. These controllers are widely used in industrial settings such as power plants, chemical treatment facilities, mining, and construction to optimize processes.

Because there are so many big companies in the industry, the market for environmental sensors is quite competitive. SmartBee Technology, Inc., Pure Hydroponics, HTG Supply, Climate Control Systems Inc., and Growace are the market leaders in environmental controllers. Environmental Controller industry leaders are meeting demand by partnering, inventing, acquiring small businesses, and investing in a technologically superior product portfolio all around the world.

Market Growth:

During the forecast period, the Environment Controllers Market is expected to rise rapidly. The market for agricultural greenhouse climate controllers is predicted to grow at a CAGR of 21.98%. Manufacturers are expanding the number of devices that can record environmental data in a simple and long-term manner. They are developing ultra-compact designs for measuring air temperature and relative humidity in agricultural situations.

Market Drivers:

The demand for food grains is skyrocketing, and in order to improve crop yield, ideal environmental conditions are required at all times. The key element expected to drive market expansion is the use of environment controllers to help attain the needed atmospheric conditions. The industry is expected to develop due to the growing trend of cultivation in a controlled environment. Furthermore, government attempts to improve global food security and increasing trends of Organic farming, indoor growing, greenhouse agriculture, and other modern farming techniques are other factors that will drive market growth.

Market Restraints:

Lack of awareness, budgetary limits to adopting new technology, the high cost of manufacturing these devices, and also the regularity models associated with the usage of the controllers can be recognized as some of the barriers to the progress of the environmental control systems market.

ENVIRONMENT CONTROLLERS MARKET REPORT COVERAGE:

Market Segmentation:

Environment Controllers Market - By End-user:

• Agriculture
• Defence
• Others

Agriculture, defense, and others are the end-user industries in which the market is categorized, with agriculture expected to hold the largest share in the worldwide environment controller market over the projected period due to the increased use of environment controllers in advanced farming practices. Furthermore, the government's increased focus on increasing farm supply is expected to boost the segment's growth.

Environment Controllers Market - By Application:

• Air Supply Management
• Thermal Control
• Humidity Management
• Pressure Control
• Others

In terms of Application, Environment Controllers Market is divided into Air Supply Management, Thermal Control, Humidity Management, Pressure Control, and Others. The thermal controller segment has the largest market share under this segment and it is expected to grow even further in the forecast period.

Market Regional Analysis: 

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

The market in the Asia Pacific area is expected to increase significantly over the projected period, owing to the region's large population and heavy reliance on agriculture for survival. Organic agriculture is becoming more popular, as is the employment of technology in agricultural activities. Growing investment in the industry is also expected to drive market growth in the region.

In general, the European control systems market has had poor performance in the past. After a year of very high growth, 2019 saw a sharp drop to negative growth. Because of the disruption caused by the COVID-19 outbreak, this decreasing trend intensified in 2020. In 2021, the market is predicted to slowly recover to positive growth, followed by strong growth for the rest of the projection period. In 2020, Germany will be Europe's largest control systems market, accounting for 36.2% of the region's overall value.

Because of multiple government programs to encourage greenhouse agriculture on a commercial scale, the market in North America is expected to obtain the greatest market share throughout the projection period. Furthermore, the presence of key market players is projected to aid regional market expansion.

Saudi Arabia, UAE, Egypt, Nigeria, and South Africa are the major areas in the Middle East and African region that have seen growth in the Environmental Controller Market in the recent past and rapid growth is expected in the forecast period.

In the South American region, countries like Brazil, Argentina, and Colombia are prominent markets for Environment Controllers systems.

Market Key Players:

1. SmartBee Technology, Inc.
2. Pure Hydroponics
3. HTG Supply
4. Climate Control Systems Inc.
5. Growace
6. Argus Control Systems Ltd.
7. Rough Brothers, Inc.
8. TrolMaster Agro Instruments Co., Ltd.
9. Trotec GmbH
10. Redpath Pacific Ltd

Market Recent Developments:

• Munters is pleased to introduce the Green Field Agricultural Controllers, an altogether new series of computerized controllers. Green Field Controllers are intended to offer automation, efficiency, and lower costs to the agricultural business, as well as higher-quality goods. Irrigation control and greenhouse climate control are two areas where the Green Field family of controllers may help industry professionals.