Market Overview:
The global programmable digital time switches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for programmable digital time switches from various industrial applications, such as lighting, HVAC, and others. Additionally, the growing demand for energy-efficient devices is also contributing to the growth of this market.
Product Definition:
A programmable digital time switch is a device that can be programmed to turn on or off at certain times. This can be useful for things like turning lights off or on at specific times, or programming a fan to turn on before bed to help cool down the room.
Single Channel:
Single-channel programmable digital time switches market is expected to witness significant growth over the forecast period owing to its increasing application in industrial automation systems. The single-channel programmable digital time switch has a wide range of applications such as traffic control, power generation, water treatment plants and oil & gas industry. It also finds its usage in railway operations and manufacturing facilities among other industries.
The growing demand for energy efficiency across various sectors including transportation, residential/commercial buildings.
Multi Channel:
Multi-channel is a technology that allows more than two ways of communication between microcontrollers and sensors. It uses more than one data path to transfer information from the sensor to the MCU and back. The most common multi-channel technologies are I2C, SMBus, and SPI.
The major advantage of using multi channel is that it reduces hardware costs by reducing duplicate components such as resistors, capacitors, transistors etc.
Application Insights:
The programmable digital time switches find application in a wide range of industries including oil & gas, healthcare, food & beverage, manufacturing and logistics. The others segment includes transportation systems and public infrastructure. The programmable digital time switches are used in various lighting applications such as traffic signals, building entryways and exits, street lamps etc. to name a few. They are also used in industrial control applications such as process automation for critical environments across various industries worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional programmable digital time switches market, owing to the increasing adoption of PLCs and HMI in industrial automation. The growing manufacturing industry in China and India is also driving demand for programmable digital time switches. Furthermore, rising investments by governments in developing countries such as China & India are boosting demand for industrial automation equipment including programmable digital time switch (PIDTS). For instance, In 2015, Chinese government launched a smart factory initiative aimed at deploying intelligent technologies across all its factories so that it can achieve high efficiency with low costs. This will lead to increased adoption of PIDTS over the forecast period.
North America region accounted for more than 25% share of global revenue in 2017 owing to early technology adoption by major end users such as oil & gas industries which has led this region being called as energy sector’s brain (HMI). Moreover, presence of major players such as ABB Ltd.
Growth Factors:
- Increasing demand for programmable digital time switches from the commercial sector for various time-based applications such as security, access control, HVAC, and lighting control.
- Growing popularity of programmable digital time switches in the residential sector for automating tasks such as turning on/off lights and appliances according to a preset schedule.
- Rising demand for energy-efficient solutions across all sectors that can help reduce wastage of electricity and save money in the long run.
- Proliferation of smart homes and buildings that are equipped with advanced features such as voice recognition, motion sensors, and app controls which can be integrated with programmable digital time switches to provide enhanced functionality and convenience to users.
Scope Of The Report
Report Attributes
Report Details
Report Title
Programmable Digital Time Switches Market Research Report
By Type
Single Channel, Multi Channel
By Application
Industrial Devices, Lightings, Others
By Companies
Honeywell, Leviton, Panasonic, Legrand, Intermatic, Schneider Electric, Theben, Larsen & Toubro, Orbis, Eaton, Honeywell, Omron, Hager, Koyo Electronics, Enerlites, Crouzet, Autonics, Hugo Müller, Dwyer Instruments, Marsh Bellofram, Finder SPA, Trumeter, Kübler, Sangamo, Ascon Tecnologic, Tempatron, Any Electronics, ANLY Electronics
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Programmable Digital Time Switches Market Report Segments:
The global Programmable Digital Time Switches market is segmented on the basis of:
Types
Single Channel, Multi Channel
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
Industrial Devices, Lightings, 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:
- Honeywell
- Leviton
- Panasonic
- Legrand
- Intermatic
- Schneider Electric
- Theben
- Larsen & Toubro
- Orbis
- Eaton
- Honeywell
- Omron
- Hager
- Koyo Electronics
- Enerlites
- Crouzet
- Autonics
- Hugo Müller
- Dwyer Instruments
- Marsh Bellofram
- Finder SPA
- Trumeter
- Kübler
- Sangamo
- Ascon Tecnologic
- Tempatron
- Any Electronics
- ANLY Electronics
Highlights of The Programmable Digital Time 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:
- Single Channel
- Multi Channel
- By Application:
- Industrial Devices
- Lightings
- 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 Programmable Digital Time 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?
Programmable digital time switches are devices that can be programmed to control the timing of events. They are often used in industrial applications, such as controlling the flow of products through a manufacturing process.
Some of the key players operating in the programmable digital time switches market are Honeywell, Leviton, Panasonic, Legrand, Intermatic, Schneider Electric, Theben, Larsen & Toubro, Orbis, Eaton, Honeywell, Omron, Hager, Koyo Electronics, Enerlites, Crouzet, Autonics, Hugo M¼ller, Dwyer Instruments, Marsh Bellofram, Finder SPA, Trumeter, K¼bler, Sangamo, Ascon Tecnologic, Tempatron, Any Electronics, ANLY Electronics.
The programmable digital time switches market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Programmable Digital Time Switches Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Programmable Digital Time Switches Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Programmable Digital Time Switches Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Programmable Digital Time Switches Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Programmable Digital Time Switches Market Size & Forecast, 2018-2028 4.5.1 Programmable Digital Time Switches Market Size and Y-o-Y Growth 4.5.2 Programmable Digital Time Switches Market Absolute $ Opportunity
Chapter 5 Global Programmable Digital Time Switches Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Programmable Digital Time Switches Market Size Forecast by Type
5.2.1 Single Channel
5.2.2 Multi Channel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Programmable Digital Time Switches Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Programmable Digital Time Switches Market Size Forecast by Applications
6.2.1 Industrial Devices
6.2.2 Lightings
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Programmable Digital Time Switches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Programmable Digital Time Switches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Programmable Digital Time Switches Analysis and Forecast
9.1 Introduction
9.2 North America Programmable Digital Time Switches Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Programmable Digital Time Switches Market Size Forecast by Type
9.6.1 Single Channel
9.6.2 Multi Channel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Programmable Digital Time Switches Market Size Forecast by Applications
9.10.1 Industrial Devices
9.10.2 Lightings
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Programmable Digital Time Switches Analysis and Forecast
10.1 Introduction
10.2 Europe Programmable Digital Time Switches Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Programmable Digital Time Switches Market Size Forecast by Type
10.6.1 Single Channel
10.6.2 Multi Channel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Programmable Digital Time Switches Market Size Forecast by Applications
10.10.1 Industrial Devices
10.10.2 Lightings
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Programmable Digital Time Switches Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Programmable Digital Time Switches Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Programmable Digital Time Switches Market Size Forecast by Type
11.6.1 Single Channel
11.6.2 Multi Channel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Programmable Digital Time Switches Market Size Forecast by Applications
11.10.1 Industrial Devices
11.10.2 Lightings
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Programmable Digital Time Switches Analysis and Forecast
12.1 Introduction
12.2 Latin America Programmable Digital Time Switches Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Programmable Digital Time Switches Market Size Forecast by Type
12.6.1 Single Channel
12.6.2 Multi Channel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Programmable Digital Time Switches Market Size Forecast by Applications
12.10.1 Industrial Devices
12.10.2 Lightings
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Programmable Digital Time Switches Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Programmable Digital Time Switches Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Programmable Digital Time Switches Market Size Forecast by Type
13.6.1 Single Channel
13.6.2 Multi Channel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Programmable Digital Time Switches Market Size Forecast by Applications
13.10.1 Industrial Devices
13.10.2 Lightings
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Programmable Digital Time Switches Market: Competitive Dashboard
14.2 Global Programmable Digital Time Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Leviton
14.3.3 Panasonic
14.3.4 Legrand
14.3.5 Intermatic
14.3.6 Schneider Electric
14.3.7 Theben
14.3.8 Larsen & Toubro
14.3.9 Orbis
14.3.10 Eaton
14.3.11 Honeywell
14.3.12 Omron
14.3.13 Hager
14.3.14 Koyo Electronics
14.3.15 Enerlites
14.3.16 Crouzet
14.3.17 Autonics
14.3.18 Hugo Müller
14.3.19 Dwyer Instruments
14.3.20 Marsh Bellofram
14.3.21 Finder SPA
14.3.22 Trumeter
14.3.23 Kübler
14.3.24 Sangamo
14.3.25 Ascon Tecnologic
14.3.26 Tempatron
14.3.27 Any Electronics
14.3.28 ANLY Electronics