A Fast Algorithm to Compute Precise Type-2 Centroids for Real-Time Control Applications An interval type-2 fuzzy set (IT2 FS) is characterized by its upper and lower membership functions containing all possible embedded fuzzy sets, which together is referred to as the footprint of uncertainty (FOU). The FOU results in a span of uncertainty measured in the defuzzified space and is determined by the positional difference of the centroids of all the embedded fuzzy sets taken together. This paper provides a closed-form formula to evaluate the span of uncertainty of an IT2 FS. The closed-form formula offers a precise measurement of the degree of uncertainty in an IT2 FS with a runtime complexity less than that of the classical iterative Karnik-Mendel algorithm and other formulations employing the iterative Newton-Raphson algorithm. This paper also demonstrates a real-time control application using the proposed closed-form formula of centroids with reduced root mean square error and computational overhead than those of the existing methods. Computer simulations for this real-time control application indicate that parallel realization of the IT2 defuzzification outperforms its competitors with respect to maximum overshoot even at high sampling rates. Furthermore, in the presence of measurement noise in system (plant) states, the proposed IT2 FS based scheme outperforms its type-1 counterpart with respect to peak overshoot and root mean square error in plant response.