North America Temperature Controlled System Market Size, Share & Trends Analysis Report By Type (Closed Loop Control, and Open Loop), By End User, By Application (Refrigerators, Air Conditioning, Water Heater, and Others) By Country and Growth Forecast, 2024 - 2031

The North America Temperature Controlled System Market would witness market growth of 3.1% CAGR during the forecast period (2023-2031).

The US market dominated the North America Temperature Controlled System Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $471 Million by 2031. The Canada market is experiencing a CAGR of 5.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 4.5% during (2024 - 2031).

A temperature-controlled system (TCS) is an integrated collection of technologies and equipment that monitor, manage, and maintain precise temperature conditions in a controlled environment. The food industry extensively uses temperature-controlled systems to preserve perishable commodities like fruits, vegetables, dairy products, meats, and seafood. Food products are kept fresh and safe for consumption along the supply chain by cold storage facilities, refrigerated trucks, and temperature-controlled warehouses.

Programmable thermostats, smart HVAC systems, and building automation technologies allow precise control over temperature settings in residential, commercial, and industrial buildings. For example, according to Statistics Canada, the 11-census metropolitan area (CMA) composite for residential building construction prices increased 7.6% year on average in 2023. There was considerable variation in cost increases among CMAs in 2023, with the largest increases occurring in Toronto (+12.7%), Halifax (+8.2%), and Vancouver (+7.8%).

According to data from the International Trade Administration (ITA), the installed capacity of Mexico's clean energy plants (renewable and non-renewable) was 31,369 MW in 2022, representing a 1.81 percent increase over the previous year, when the installed capacity of clean energy was 30,812MW. Hydro, wind, and photovoltaic solar PV plants accounted for most of the installed renewable energy capacity. Hence, the factors mentioned above will drive the regional market growth.

Free Valuable Insights: The Temperature Controlled System Market is Predict to reach USD 2.2 Billion by 2031, at a CAGR of 3.7%

Based on Type, the market is segmented into Closed Loop Control, and Open Loop. Based on End User, the market is segmented into Industrial Temperature Controlled System, Home Temperature Controlled System, and Others. Based on Application, the market is segmented into Refrigerators, Air Conditioning, Water Heater, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Carrier Global Corporation
• Daikin Industries Ltd.
• Johnson Controls International PLC
• Siemens AG
• Emerson Electric Co.
• Honeywell International, Inc.
• Mitsubishi Electric Corporation
• Schneider Electric SE
• LG Electronics, Inc. (LG Corporation)
• Delta Electronics, Inc.

North America Temperature Controlled System Market Report Segmentation

By Type

• Closed Loop Control
• Open Loop

By End User

• Industrial Temperature Controlled System
• Home Temperature Controlled System
• Others

By Application

• Refrigerators
• Air Conditioning
• Water Heater
• Others

By Country

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Temperature Controlled System Market, by Type
1.4.2 North America Temperature Controlled System Market, by End User
1.4.3 North America Temperature Controlled System Market, by Application
1.4.4 North America Temperature Controlled System Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.3.2 Key Strategic Move: (Mergers & Acquisition: 2020, Apr – 2024, Jan) Leading Players
4.4 Porter’s Five Forces Analysis

Chapter 5. North America Temperature Controlled System Market by Type
5.1 North America Closed Loop Control Market by Region
5.2 North America Open Loop Market by Region

Chapter 6. North America Temperature Controlled System Market by End User
6.1 North America Industrial Temperature Controlled System Market by Country
6.2 North America Home Temperature Controlled System Market by Country
6.3 North America Others Market by Country

Chapter 7. North America Temperature Controlled System Market by Application
7.1 North America Refrigerators Market by Country
7.2 North America Air Conditioning Market by Country
7.3 North America Water Heater Market by Country
7.4 North America Others Market by Country

Chapter 8. North America Temperature Controlled System Market by Country
8.1 US Temperature Controlled System Market
8.1.1 US Temperature Controlled System Market by Type
8.1.2 US Temperature Controlled System Market by End User
8.1.3 US Temperature Controlled System Market by Application
8.2 Canada Temperature Controlled System Market
8.2.1 Canada Temperature Controlled System Market by Type
8.2.2 Canada Temperature Controlled System Market by End User
8.2.3 Canada Temperature Controlled System Market by Application
8.3 Mexico Temperature Controlled System Market
8.3.1 Mexico Temperature Controlled System Market by Type
8.3.2 Mexico Temperature Controlled System Market by End User
8.3.3 Mexico Temperature Controlled System Market by Application
8.4 Rest of North America Temperature Controlled System Market
8.4.1 Rest of North America Temperature Controlled System Market by Type
8.4.2 Rest of North America Temperature Controlled System Market by End User
8.4.3 Rest of North America Temperature Controlled System Market by Application

Chapter 9. Company Profiles
9.1 Carrier Global Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Daikin Industries Ltd.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Johnson Controls International PLC
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental & Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Siemens AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Emerson Electric Co.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Honeywell International, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Mitsubishi Electric Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Schneider Electric SE
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 LG Electronics, Inc. (LG Corporation)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional & Segmental Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Delta Electronics, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Research & Development Expense
9.10.4 Recent strategies and developments:
9.10.4.1 Partnerships, Collaborations, and Agreements:
9.10.4.2 Acquisition and Mergers:
9.10.5 SWOT Analysis

TABLE 1 North America Temperature Controlled System Market, 2020 - 2023, USD Million
TABLE 2 North America Temperature Controlled System Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Temperature Controlled System Market
TABLE 4 Product Launches And Product Expansions– Temperature Controlled System Market
TABLE 5 Acquisition and Mergers– Temperature Controlled System Market
TABLE 6 North America Temperature Controlled System Market by Type, 2020 - 2023, USD Million
TABLE 7 North America Temperature Controlled System Market by Type, 2024 - 2031, USD Million
TABLE 8 North America Closed Loop Control Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Closed Loop Control Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Open Loop Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Open Loop Market by Region, 2024 - 2031, USD Million
TABLE 12 North America Temperature Controlled System Market by End User, 2020 - 2023, USD Million
TABLE 13 North America Temperature Controlled System Market by End User, 2024 - 2031, USD Million
TABLE 14 North America Industrial Temperature Controlled System Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Industrial Temperature Controlled System Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Home Temperature Controlled System Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Home Temperature Controlled System Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 19 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 20 North America Temperature Controlled System Market by Application, 2020 - 2023, USD Million
TABLE 21 North America Temperature Controlled System Market by Application, 2024 - 2031, USD Million
TABLE 22 North America Refrigerators Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Refrigerators Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Air Conditioning Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Air Conditioning Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Water Heater Market by Country, 2020 - 2023, USD Million
TABLE 27 North America Water Heater Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Temperature Controlled System Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Temperature Controlled System Market by Country, 2024 - 2031, USD Million
TABLE 32 US Temperature Controlled System Market, 2020 - 2023, USD Million
TABLE 33 US Temperature Controlled System Market, 2024 - 2031, USD Million
TABLE 34 US Temperature Controlled System Market by Type, 2020 - 2023, USD Million
TABLE 35 US Temperature Controlled System Market by Type, 2024 - 2031, USD Million
TABLE 36 US Temperature Controlled System Market by End User, 2020 - 2023, USD Million
TABLE 37 US Temperature Controlled System Market by End User, 2024 - 2031, USD Million
TABLE 38 US Temperature Controlled System Market by Application, 2020 - 2023, USD Million
TABLE 39 US Temperature Controlled System Market by Application, 2024 - 2031, USD Million
TABLE 40 Canada Temperature Controlled System Market, 2020 - 2023, USD Million
TABLE 41 Canada Temperature Controlled System Market, 2024 - 2031, USD Million
TABLE 42 Canada Temperature Controlled System Market by Type, 2020 - 2023, USD Million
TABLE 43 Canada Temperature Controlled System Market by Type, 2024 - 2031, USD Million
TABLE 44 Canada Temperature Controlled System Market by End User, 2020 - 2023, USD Million
TABLE 45 Canada Temperature Controlled System Market by End User, 2024 - 2031, USD Million
TABLE 46 Canada Temperature Controlled System Market by Application, 2020 - 2023, USD Million
TABLE 47 Canada Temperature Controlled System Market by Application, 2024 - 2031, USD Million
TABLE 48 Mexico Temperature Controlled System Market, 2020 - 2023, USD Million
TABLE 49 Mexico Temperature Controlled System Market, 2024 - 2031, USD Million
TABLE 50 Mexico Temperature Controlled System Market by Type, 2020 - 2023, USD Million
TABLE 51 Mexico Temperature Controlled System Market by Type, 2024 - 2031, USD Million
TABLE 52 Mexico Temperature Controlled System Market by End User, 2020 - 2023, USD Million
TABLE 53 Mexico Temperature Controlled System Market by End User, 2024 - 2031, USD Million
TABLE 54 Mexico Temperature Controlled System Market by Application, 2020 - 2023, USD Million
TABLE 55 Mexico Temperature Controlled System Market by Application, 2024 - 2031, USD Million
TABLE 56 Rest of North America Temperature Controlled System Market, 2020 - 2023, USD Million
TABLE 57 Rest of North America Temperature Controlled System Market, 2024 - 2031, USD Million
TABLE 58 Rest of North America Temperature Controlled System Market by Type, 2020 - 2023, USD Million
TABLE 59 Rest of North America Temperature Controlled System Market by Type, 2024 - 2031, USD Million
TABLE 60 Rest of North America Temperature Controlled System Market by End User, 2020 - 2023, USD Million
TABLE 61 Rest of North America Temperature Controlled System Market by End User, 2024 - 2031, USD Million
TABLE 62 Rest of North America Temperature Controlled System Market by Application, 2020 - 2023, USD Million
TABLE 63 Rest of North America Temperature Controlled System Market by Application, 2024 - 2031, USD Million
TABLE 64 Key Information – Carrier Global Corporation
TABLE 65 Key Information – daikin industries ltd.
TABLE 66 Key Information – Johnson Controls International PLC
TABLE 67 Key Information – Siemens AG
TABLE 68 Key Information – Emerson Electric Co.
TABLE 69 Key Information – Honeywell International, Inc.
TABLE 70 Key Information – Mitsubishi Electric Corporation
TABLE 71 Key Information – Schneider Electric SE
TABLE 72 Key Information – LG Electronics, Inc.
TABLE 73 Key Information – Delta Electronics, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Temperature Controlled System Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Temperature Controlled System Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 6 Key Strategic Move: (Mergers & Acquisition : 2020, Apr – 2024, Jan) Leading Players
FIG 7 Porter’s Five Forces Analysis - Temperature Controlled System Market
FIG 8 North America Temperature Controlled System Market share by Type, 2023
FIG 9 North America Temperature Controlled System Market share by Type, 2031
FIG 10 North America Temperature Controlled System Market by Type, 2020 - 2031, USD Million
FIG 11 North America Temperature Controlled System Market share by End User, 2023
FIG 12 North America Temperature Controlled System Market share by End User, 2031
FIG 13 North America Temperature Controlled System Market by End User, 2020 - 2031, USD Million
FIG 14 North America Temperature Controlled System Market share by Application, 2023
FIG 15 North America Temperature Controlled System Market share by Application, 2031
FIG 16 North America Temperature Controlled System Market by Application, 2020 - 2031, USD Million
FIG 17 North America Temperature Controlled System Market share by Country, 2023
FIG 18 North America Temperature Controlled System Market share by Country, 2031
FIG 19 North America Temperature Controlled System Market by Country, 2020 - 2031, USD Million
FIG 20 Recent strategies and developments: Carrier Global Corporation
FIG 21 Swot Analysis: Carrier Global Corporation
FIG 22 Recent strategies and developments: Daikin Industries Ltd.
FIG 23 Swot Analysis: Daikin Industries Ltd.
FIG 24 SWOT Analysis: Johnson Controls International PLC
FIG 25 Recent strategies and developments: Siemens AG
FIG 26 SWOT Analysis: Siemens AG
FIG 27 Recent strategies and developments: Emerson Electric Co.
FIG 28 Swot Analysis: EMERSON ELECTRIC CO.
FIG 29 Recent strategies and developments: Honeywell International, Inc.
FIG 30 Swot analysis: Honeywell international, inc.
FIG 31 Recent strategies and developments: Mitsubishi Electric Corporation
FIG 32 SWOT Analysis: Mitsubishi Electric Corporation
FIG 33 SWOT Analysis: Schneider Electric SE
FIG 34 SWOT Analysis: LG Electronics, Inc.
FIG 35 Recent strategies and developments: Delta Electronics, Inc.
FIG 36 SWOT Analysis: Delta Electronics, Inc.