Global Electric Timer Switches Market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by the increasing demand for energy-efficient products and rising awareness about energy conservation among consumers. The digital time switch segment accounted for the largest share in 2018, followed by analogue time switch segment. Digital time switches are more popular than analogue ones because they are easy to use and have a wide range of features such as remote control, timer function, and power failure protection.
The global electric timer switches market is segmented on the basis of type into digital time switch and analogue time switch; on the basis of application into lighting, appliances, industrial devices; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA). In 2018, NA accounted for the largest share in terms of revenue due to high adoption rates in this region owing to its high population density which leads to increased demand for electricity consumption from various sectors such as residential sector or commercial sector or industrial sector etc, followed by LA with a significant growth rate due to its growing economy coupled with an increase in population size over recent years which has led it towards becoming one of fastest growing economies globally over recent years. APAC is expected to witness significant growth during forecast period owing mainly due increase in population size coupled with rapid economic development across countries such as China or India etc, while MEA will be witnessing moderate growth rate during forecast period owing mainly due lacklustre economic development across countries such as Saudi Arabia or Nigeria etc,.
- The increasing demand for electric timer switches in the market is a major growth factor.
- The increasing number of households and commercial establishments is a major growth factor for the electric timer switches market.
- The growing need to save energy and reduce carbon footprint is a major growth factor for the electric timer switches market.
- Increasing awareness about energy efficiency among consumers is also driving the demand for electric timer switches in the market.
- Increasing investments by governments to promote renewable sources of energy are also driving the demand for electric timer switches in the market.
Industry Growth Insights published a new data on “Electric Timer Switches Market”. The research report is titled “Electric Timer Switches Market research by Types (Digital Time Switch, Analogue Time Switch), By Applications (Lightings, Appliances, Industrial Devices, Others), By Players/Companies Intermatic Incorporated, leviton, Legrand, Honeywell, Hager, Havells India Ltd, Theben Group, Eaton, OMRON, Lutron Electronics Co., Sangamo, Hugo Müller, Panasonic Japan, Finder SPA, Enerlites, Any Electronics, Pujing”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Timer Switches Market Research Report
By Type
Digital Time Switch, Analogue Time Switch
By Application
Lightings, Appliances, Industrial Devices, Others
By Companies
Intermatic Incorporated, leviton, Legrand, Honeywell, Hager, Havells India Ltd, Theben Group, Eaton, OMRON, Lutron Electronics Co., Sangamo, Hugo Müller, Panasonic Japan, Finder SPA, Enerlites, Any Electronics, Pujing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Electric Timer Switches Market Report Segments:
The global Electric Timer Switches market is segmented on the basis of:
Types
Digital Time Switch, Analogue Time Switch
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Lightings, Appliances, Industrial Devices, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Intermatic Incorporated
- leviton
- Legrand
- Honeywell
- Hager
- Havells India Ltd
- Theben Group
- Eaton
- OMRON
- Lutron Electronics Co.
- Sangamo
- Hugo Müller
- Panasonic Japan
- Finder SPA
- Enerlites
- Any Electronics
- Pujing
Highlights of The Electric Timer Switches Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Digital Time Switch
- Analogue Time Switch
- By Application:
- Lightings
- Appliances
- Industrial Devices
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Timer Switches Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric timer switches are electronic devices that allow you to set a time for an event, such as turning on a light.
Some of the key players operating in the electric timer switches market are Intermatic Incorporated, leviton, Legrand, Honeywell, Hager, Havells India Ltd, Theben Group, Eaton, OMRON, Lutron Electronics Co., Sangamo, Hugo MƒÂ¼ller, Panasonic Japan, Finder SPA, Enerlites, Any Electronics, Pujing.
The electric timer switches market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Timer Switches Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Timer Switches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Timer Switches Market - Supply Chain
4.5. Global Electric Timer Switches Market Forecast
4.5.1. Electric Timer Switches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Timer Switches Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Timer Switches Market Absolute $ Opportunity
5. Global Electric Timer Switches Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Timer Switches Market Size and Volume Forecast by Type
5.3.1. Digital Time Switch
5.3.2. Analogue Time Switch
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Timer Switches Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Timer Switches Market Size and Volume Forecast by Application
6.3.1. Lightings
6.3.2. Appliances
6.3.3. Industrial Devices
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Timer Switches Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Timer Switches Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Timer Switches Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Timer Switches Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Timer Switches Demand Share Forecast, 2019-2026
9. North America Electric Timer Switches Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Timer Switches Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Timer Switches Market Size and Volume Forecast by Application
9.4.1. Lightings
9.4.2. Appliances
9.4.3. Industrial Devices
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Timer Switches Market Size and Volume Forecast by Type
9.7.1. Digital Time Switch
9.7.2. Analogue Time Switch
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Timer Switches Demand Share Forecast, 2019-2026
10. Latin America Electric Timer Switches Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Timer Switches Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Timer Switches Market Size and Volume Forecast by Application
10.4.1. Lightings
10.4.2. Appliances
10.4.3. Industrial Devices
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Timer Switches Market Size and Volume Forecast by Type
10.7.1. Digital Time Switch
10.7.2. Analogue Time Switch
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Timer Switches Demand Share Forecast, 2019-2026
11. Europe Electric Timer Switches Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Timer Switches Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Timer Switches Market Size and Volume Forecast by Application
11.4.1. Lightings
11.4.2. Appliances
11.4.3. Industrial Devices
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Timer Switches Market Size and Volume Forecast by Type
11.7.1. Digital Time Switch
11.7.2. Analogue Time Switch
11.8. Basis Point Share (BPS) Analysis b Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Timer Switches Demand Share, 2019-2026
12. Asia Pacific Electric Timer Switches Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Timer Switches Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Timer Switches Market Size and Volume Forecast by Application
12.4.1. Lightings
12.4.2. Appliances
12.4.3. Industrial Devices
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Timer Switches Market Size and Volume Forecast by Type
12.7.1. Digital Time Switch
12.7.2. Analogue Time Switch
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Timer Switches Demand Share, 2019-2026
13. Middle East & Africa Electric Timer Switches Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Timer Switches Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Timer Switches Market Size and Volume Forecast by Application
13.4.1. Lightings
13.4.2. Appliances
13.4.3. Industrial Devices
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Timer Switches Market Size and Volume Forecast by Type
13.7.1. Digital Time Switch
13.7.2. Analogue Time Switch
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Timer Switches Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Timer Switches Market: Market Share Analysis
14.2. Electric Timer Switches Distributors and Customers
14.3. Electric Timer Switches Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Intermatic Incorporated
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. leviton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Legrand
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Honeywell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hager
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Havells India Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Theben Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Eaton
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. OMRON
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lutron Electronics Co.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sangamo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hugo Müller
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Panasonic Japan
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Finder SPA
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Enerlites
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Any Electronics
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Pujing
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
