Global Industrial Timers Market Insights, Forecast to 2028

Timers can be used in advanced operation functions or in weekly timer drive operations.
Market Analysis and Insights: Global Industrial Timers Market
Due to the COVID-19 pandemic, the global Industrial Timers market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Analog Timer accounting for % of the Industrial Timers global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Pushbutton Signals segment is altered to an % CAGR throughout this forecast period.
China Industrial Timers market size is valued at US$ million in 2021, while the US and Europe Industrial Timers are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Industrial Timers landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Industrial Timers include Omron, Crouzet, Extech, Honeywell, Schneider Electric, ITC Products, Leviton, Legrand and Intermatic, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Industrial Timers capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Industrial Timers by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Industrial Timers Scope and Segment
Industrial Timers market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Industrial Timers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Analog Timer
Digital Timer
Segment by Application
Pushbutton Signals
Car Ceiling Lights
Automatic Control
Others
By Company
Omron
Crouzet
Extech
Honeywell
Schneider Electric
ITC Products
Leviton
Legrand
Intermatic
Theben Group
Hugo Müller
Larsen & Toubro Limited
Panasonic
Koyo Electronics
Eaton
DEC
Carlo Gavazzi
IMO Precision Controls
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E