Forecast of Global Hot Runner Controller Market 2023

Global Hot Runner Controller market will register a 8.2% CAGR in terms of revenue, reach US$ 770 million by 2023, from US$ 480 million in 2017. A controller is electronic technology used to control the hot runner temperature but also for motion control pressure, sequence control, mold cooling and other value-added intelligence activities. A hot runner controller can be sold with a hot runner system or as a standalone product and can control a Mold-Masters hot runner system or a competitor’s hot runner system.