Digital Timer is a timer that permits high precision time setting because the operation is controlled digitally. Even the time setting can be made easily using digital switches, and it is also possible to digitally display the elapsed time.
Currently, there are many producing companies in the world. The main market players are Honeywell, Leviton, Legrand, Intermatic, Schneider Electric, Theben Group, Hugo M?ller, Larsen & Toubro Limited, Panasonic, Oribis , Havells India Ltd India and Omron etc.
North America is the largest production of Digital Timer, with a production revenue market share nearly 30.55% in 2016.
The second place is Europe; following North America with the production market share over 29.35% in 2016. China is another important production market of Digital Timer. The Digital Timer price of Chinese producers is generally low
Digital Timer used in industry including Industrial Devices, Lighting System and Others. Report data showed that 49.83% of the Digital Timer market demand in Lighting System, 34.21% in Industrial Devices in 2016.
There are two kinds? productions constituting the Digital Timer, which are LED Display Digital Timer and LCD Display Digital Timer. LCD Display Digital Timer is important in the Digital Timer, with a production market share nearly 67.52% in 2016.
In the next few years, Digital Timer is growing faster than analog Timer; Timer industry will still be a relative steady industry. Sales of Time Switch have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
According to this study, over the next five years the Digital Timer market will register a 5.3% CAGR in terms of revenue, the global market size will reach USD 1340 million by 2024, from USD 980 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Digital Timer business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Timer market by product type, application, key manufacturers and key regions and countries.
This study considers the Digital Timer value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
LED Display Digital Timer
LCD Display Digital Timer
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industrial Device
Lighting System
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Honeywell
Leviton
Legrand
Intermatic
Schneider Electric
Theben Group
Hugo M?ller
Larsen & Toubro Limited
Panasonic
Oribis
Havells India Ltd India
Omron
Koyo Electronics
Eaton
Hager
Enerlites
Crouzet
Autonics Corporation
Ascon Tecnologic
Marsh Bellofram
Trumeter
SELEC Controls Pvt. Ltd.
Tempatron
Sisel Engineering Inc.
ANLY Electronics Co.,Ltd
K?bler Group
Dwyer Instruments
Pujing
Any Electronics Co.,Ltd
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Digital Timer consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Digital Timer market by identifying its various subsegments.
Focuses on the key global Digital Timer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Digital Timer with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Digital Timer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
