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Hot Runner Temperature Controller Market Size, Share, and Industry Analysis, By Set Up (Plug in Module and Touch Screen), By Zones (Below 32, 32-84, and above 84), By End Use (Automotive, Packaging, Plastic Products, and Others (Pharmaceutical)), and Regional Forecast till 2032

Region :Global | Report ID: FBI111056 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

The global hot runner temperature is experiencing robust growth driven by advancements in injection molding technology and growing demand for precision temperature and production control. Hot runner temperature controllers ensure maximum efficiency and precision in the manufacturing process. Furthermore, post-pandemic growing packaged food demand has triggered investments across packaging and injection-blown products that bolster demand for hot runner temperature controllers in the long term.



  • For instance, In December 2022, Gunther, a European hot runner technology products manufacturer, launched its Bluemaster Pro, a hot runner temperature controller offering 6 to 24 control circuits. Additionally, it can be controlled by web-based apps and has a built-in display digitally.


Impact of Generative AI on the Hot Runner Temperature Controller Market


Artificial Intelligence has significantly impacted the hot runner temperature control systems as it offers more precision control over the injection molding process. These AI-integrated systems enable the system to reach the set temperature faster during start-up and connect with any old and new hot runner systems.


  • For instance, Mold Master, a prominent Hillenbrand brand, provides an AI-enabled temperature control platform. TempMaster M3 is the new temperature controller that eliminates the need for conventional T/C mold cables with lightweight data cable, reducing footprint by 53% compared to competitors and 57% more compact dimensions.


Hot Runner Temperature Controller Market Driver


Growing Advancements in Hot Runner Technology to Drive Long-term Market Growth

Globally, the demand for injection-molded products has upsurged post-pandemic, and this potential driver drove the progress of the hot runner temperature controller among its end users. Manufacturers prominently operating in the injection molding products business demand more precise temperature control over the injection molding process. Also, manufacturers emphasize advancements such as direct mold machine connection for real-time process data and better production control to drive the growth of hot runner temperature controllers.


  • For instance, in February 2024, Silcotech North America, a prominent liquid silicon rubber (LSR) injection molding, announced the capacity expansion with two new electrically operated injection molding machines to address growing demand. The machine cells have LIM/LSR options and thermal molding capabilities. 


Hot Runner Temperature Controller Market Restraint


Lack of Skilled Staff and Complex Machine Interface Hinders Market Growth

The market is hampered by a huge skill gap for skilled and efficient hot runner operators proficient in handling multi-zone mold operations. Additionally, growing advancements and the introduction of touchscreen temperature controller systems create chaos among operators due to the complex interface.  These restraints impact the revenue for hot runner control system manufacturers in the short term.

Hot Runner Temperature Controller Market Opportunity


Integration of IoT (Internet of Things) and Compact Size to Enhance Machine Market Capabilities

Hot runner temperature machine advancements such as integration of the sensors and Internet of Things (IoT) enable remote operation control and boost efficiency in the production lines. These advancements in hot runner and temperature control systems enhance machine capabilities across the injection molding industry.


  • For instance, in June 2022, Oerlikon, a prominent injection molding technology solution provider, revised software for the control unit of FLEXflow hot runner systems. The new Human Machine Interface (HMI) 4.0 makes operation more intuitive and component. It enables advanced process control, single and multi-tasking, and easy access to the control units regardless of location.


Segmentation


















By Set Up


By Zones


By End Use


By Geography



  • Plug in Module

  • Touch Screen




  • Below 32

  • 32-84

  • above 84




  • Automotive

  • Packaging

  • Plastic Products

  • Others(Pharmaceutical)




  • North America (U.S., Canada, and Mexico)

  • Europe (U.K., Germany, France, Spain, Italy, Russia, and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, ASEAN, Oceania and Rest of Asia Pacific)

  • Middle East & Africa (Turkey, Israel, South Africa, and Rest of Middle East & Africa)

  • South America (Brazil, Argentina, and Rest of South America)



Key Insights


The report covers the following key insights:


  • Micro Macro Economic Indicators

  • Drivers, Restraints, Trends, and Opportunities

  • Business Strategies Adopted by the Key Players

  • Impact of Generative AI on the Global Hot Runner Temperature Controller Market

  • Consolidated SWOT Analysis of Key Players


Analysis by Set Up


By set up, the market is segmented into plug in module and touch screen.

Touch screen temperature control systems dominate the setup segment owing to the high adoption of the products, as they offer flexibility to control multiple zones and maintain precise temperature control. Furthermore, enhanced user experience and improved production efficiency have enabled potential market revenue for manufacturers.

Analysis by Zones


By zones, the market is segmented into below 32, 32-84, and above 84. In zones segment 32-84, the zone manages temperature control systems to bolster market demand owing to rising demand for hot runner controllers in food processing and packaging.

Analysis by End Use


By end use, the market is segmented into automotive, packaging, plastic products, and others (pharmaceutical). Prominent investments and capacity expansion by core packaging and processing food packaging to bolster market demand for hot runner temperature controllers in the long term.

Regional Analysis


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In terms of geography, the global market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Asia Pacific accounted for the largest global hot runner temperature controller market share in 2023. The market growth in the region is attributed to the growing demand for processed package foods in countries such as China and Japan, as well as the rising potential for injection-molded packaging products in developing countries such as India, Indonesia, Vietnam, and others.


  • For instance, in April 2022, PCS company, a prominent molding solution provider, introduced a new TC50 hot runner temperature controller line featuring two models, 6 and 12 zones of control.


North America is the second-largest market based on the demand for hot runner temperature controllers. There is a prominent demand for molded automotive components and packaging manufacturing businesses in America.

Europe is observed to showcase steady growth with technological advancements and the export of machinery to developing countries and regions, such as the Middle East, South Africa, and Asian countries.

Key Players Covered


The global hot runner temperature controller market is fragmented, with the presence of prominent players in developed countries. Globally, these top players drive the revenue for hot runner controllers by dominant market share and customer-centric products.


  • For instance, in January 2024, Oerlikon, a prominent injection molding solution provider, expanded its Italian manufacturing operations with a new fully automated plant in San Polo Di Piave (Italy). The plant will increase Oerlikon's output by 30% to meet the growing demand for consumer goods, packaging, and automotive.


The report includes the profiles of the following key players:


  • Athena Controls (U.S.)

  • Gunther Hot Runner Technology (Germany)

  • PCS Company (U.S.)

  • Oerlikon (Switzerland)

  • Arico Technology Co. Ltd. (Taiwan)

  • Tinko Instruments (Suzhou) Co. Ltd. (China)

  • Mold Masters (Hilenbrand) (Germany)

  • Husky Technologies (Canada)

  • Hasco (Germany)


Key Industry Developments



  • In May 2024, Oerlikon, a prominent injection molding solution supplier, launched its newly advanced control unit T-Flow HRS for injection molding. The new control unit has a self-exploratory user interface that increases temperature control's precision and reliability in hot runner injection molding.

  • In April 2024, Athena, an established hot runner technology product supplier, introduced its broad range of hot runner temperature controllers for a whole range of plastic processes. The newest range is Bedros XL Hot Runner controller, which expands model handle 36 to 120 zones compared to the old Bedros controller. It has also introduced a 16 CX universal single-loop, auto-tuning temperature/process controller for extrusion and packaging machinery.





  • Ongoing
  • 2024
  • 2019-2023
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