This study focuses on the production side and consumption side of Digital Timer, presents the global Digital Timer market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Digital Timer capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Digital Timer by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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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.
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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 2017 and is projected to reach 1480 Million US$ by 2025, at a CAGR of 5.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Digital Timer.
This report includes the following manufacturers; we can also add the other companies as you want.
Larsen & Toubro Limited
Havells India Ltd India
SELEC Controls Pvt. Ltd.
Sisel Engineering Inc.
ANLY Electronics Co.,Ltd
Any Electronics Co.,Ltd
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