Market Share of Hazardous Location Thermostats Industry
The hazardous location thermostats market is moderately competitive, due to the presence of many key players established in national and international boundaries. The market appears to be moderately concentrated with the key players adopting strategies, like product innovation and merger and acquisition. Some of the majorplayers in the market arePentair Ltd,Johnson Controls Inc.,R. Stahl Inc.,and Honeywell International Inc., among others.
- Stego Elektrotechnik GmbH launched hazardous area thermostat,REx 011,for the regulation of heaters within control and switch cabinets, as well as measuring equipment located in areas with explosion hazard, underground mines, and mines susceptible to firedamp.
Hazardous Location Thermostats Market Leaders
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Pentair Ltd
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Johnson Controls Inc.
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R. Stahl Inc.
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Honeywell International Inc.
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Emerson Industrial Automation
*Disclaimer: Major Players sorted in no particular order
