1 INTRODUCTION 1.1 Study Deliverables 1.2 Study Assumptions 1.3 Scope of the Study 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS 4.1 Market Overview 4.2 Introduction to Market Drivers and Restraints 4.3 Market Drivers 4.3.1 Rapid Technological Developments 4.3.2 Increasing Applications in the Industrial Sector and Reducing Costs 4.3.3 Growing Safety Measures 4.4 Market Restraints 4.4.1 High Cost of Installation 4.5 Industry Attractiveness - Porter's Five Force Analysis 4.5.1 Threat of New Entrants 4.5.2 Bargaining Power of Buyers/Consumers 4.5.3 Bargaining Power of Suppliers 4.5.4 Threat of Substitute Products 4.5.5 Intensity of Competitive Rivalry 5 MARKET SEGMENTATION 5.1 By Type 5.1.1 Line-voltage thermostats 5.1.2 Low-voltage thermostats 5.2 By Class 5.2.1 Class I 5.2.2 Class II 5.2.3 Class III 5.3 By Hazardous Zone 5.3.1 Zone 0 5.3.2 Zone 1 5.3.3 Zone 2 5.4 By Application 5.4.1 Oil refineries 5.4.2 Petrochemical plants 5.4.3 Pulp and paper millers 5.4.4 Coal mines 5.4.5 Other Applications 5.5 Geography 5.5.1 North America 5.5.2 Europe 5.5.3 Asia-Pacific 5.5.4 Latin America 5.5.5 Middle East & Africa 6 COMPETITIVE LANDSCAPE 6.1 Company Profiles 6.1.1 Pentair Ltd. 6.1.2 Johnson Controls, Inc. 6.1.3 R. Stahl, Inc. 6.1.4 Honeywell International, Inc. 6.1.5 Emerson Industrial Automation 6.1.6 Watlow Electric Manufacturing Company 6.1.7 Tempco Electric Heater Corporation 6.1.8 Stego Elektrotechnik GmbH 6.1.9 SSHC, Inc. 6.1.10 Schneider Electric SA 6.1.11 Thermon 7 INVESTMENT ANALYSIS 8 MARKET OPPORTUNITIES AND FUTURE TRENDS