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 Müller, 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.
The Digital Timer market was valued at 980 Million US$ in 2018 and is projected to reach 1480 Million US$ by 2025, at a CAGR of 5.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Digital Timer.
This report presents the worldwide Digital Timer market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Honeywell
Leviton
Legrand
Intermatic
Schneider Electric
Theben Group
Hugo Müller
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
Kübler Group
Dwyer Instruments
Pujing
Any Electronics Co.,Ltd
Digital Timer Breakdown Data by Type
LED Display Digital Timer
LCD Display Digital Timer
Digital Timer Breakdown Data by Application
Industrial Device
Lighting System
Others
Digital Timer Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Digital Timer Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Digital Timer status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Digital Timer manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Digital Timer :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Digital Timer market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Digital Timer . Industry analysis & Market Report on Digital Timer is a syndicated market report, published as Global Digital Timer Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Digital Timer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.