Global Industrial Timer Market 2017-2021

  • Published: Aug 2017
  • Pages: 77
  • SKU: IRTNTR14021

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This industry research report identifies OMEGA Engineering, OMRON, General Electric, Siemens, and Rockwell Automation as the key vendors in the global industrial timer market. This industry research report also presents a competitive analysis of the market by product (digital industrial timers and analog industrial timers), by end user (oil and gas industry, chemical and petrochemical industry, power generation industry, food and beverage industry, and others) and by geography (the Americas, APAC, and EMEA).

Overview of the global industrial timer market

Research analysis on the global industrial timer market identifies that availability of low-cost industrial timers will be one of the major factors that will have a positive impact on the growth of the market. The reduction in the industrial timers cost has led to the increase in their adoption among end-users. Low-cost industrial timers are also used in safety devices and can handle high temperatures and strong vibrations from machines on the factory floor. Additionally, these timers also come with various features such as LCD and LED and programmable modes and wide time ranges will fuel the market's growth. Technavio's market research analysts predict that this market will grow at a CAGR of more than 4% by 2021.

In terms of geographic regions, APAC accounts for the highest revenue due to the presence of major industrial timer manufacturers. The region witnesses considerable growth in the industrial automation for process operations. The increased demand for industrial timers from small and medium scale enterprises (SMEs) in various parts of the region will drive the growth of the industrial timers market. Additionally, the increase in investments, the rise in automation, and the integration of IoT in the end-user industries in the developing countries, will also propel the market's growth in this region.

Competitive landscape and key vendors

Characteried by the presence of  several large and small-scale vendors, this market appears to be highly fragmented and competitive. The vendors in the market are competing based on factors such as product features, product types, price, and customized solutions. The industrial timer manufacturers are mking huge R&D investments to develop advanced industrial timers in association with PLCs and control systems.

The leading vendors in the market are -

  • OMEGA Engineering
  • General Electric
  • Siemens
  • Rockwell Automation

The other prominent vendors in the market are ABB, ASCON TECNOLOGIC, Bellofram Group of Companies, Crouzet Automatismes, Danfoss, Eaton, Eolane Technology (Suzhou), Eti, Fanox, Fargo Controls, Fortress Interlocks, GIC India, Global Equipment Company, Industrial Timer Company, Intermatic Incorporated, JORC Industrial, Kübler Group, Minilec, Murrelektronik, ORBIS TECNOLOGÍA ELÉCTRICA, Panasonic, Selec, SIMEX, TE Connectivity, TELE, Tense Elektronik, and Wieland Electric.

Segmentation by product and analysis of the industrial timer market

  • Digital industrial timers
  • Analog industrial timers

During 2016, the digital analog timers segment accounted for the major shares of this market. The increasing demand from the end users has led to the growth of this market. These timer are mainly used in process control equipment to assist in process regulation. The presence features such as multifunctional applications and high-precision time settings will lead to the growth of this market segment.

Segmentation by end user and analysis of the industrial timer market

  • Oil and gas industry
  • Chemical and petrochemical industry
  • Power generation industry
  • Food and beverage industry

The oil and gas industry contributes to the major share of the industrial timer market due to the increasing investments from the North America and the Middle East in oil and gas production. The increasing demand for timers in this end-user segment is mainly due to its advantages that help in protecting the power supply by eliminating unnecessary hurdles in industrial machinery and equipment. The increasing investments in offshore and shale gas production activities will also fuel the demand for industrial timers in the oil and gas industry. 

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global industrial timer market?
  • What are the key market trends impacting the growth of the global industrial timer market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global industrial timer market?
  • What are the market opportunities and threats faced by the vendors in the global industrial timer market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global industrial timer market?

Technavio also offers customization on reports based on specific client requirement.

The industrial timers are used in the industries to control the process or operation with specified time interval of repetitive natureThis upcoming research report on the global industrial timer market offers insights into the key trends and emerging drivers influencing the growth of the industrial automation industry. Our market research reports for the industrial automation industry also follow an extensive data collection methodology and offer an in-depth analysis of automation sector. The report outlines key market intelligence factors such as market size, growth rate, key drivers, emerging trends, and key vendors. 

By performing a deep analysis of business intelligence factors such as technology, pricing, competition, and products, research analysts at Technavio offer reports containing complete competitive landscape of the industrial timer market. Qualitative and quantitative research methodologies are alsused to provide accurate facts and figures, expert opinions, and the latest development across the globe, which will help the client in making effective business decisions. The report also helps the client understand the consumer's preferences while making a purchase. 

Global Industrial Timer Market Size









This upcoming report on the global industrial timer market also analyzes the market share and vendors operating in each geographic segment such as the Americas, EMEA, and APAC to help the client in making business decisions on resource allocation. Increasing use of automation in manufacturing coupled with the need for precision timers to control processes may influence the global market during the next few years. 

The forthcoming market research report for the global industrial timer market also covers some of the vendors operating in this market such as OMEGA, Grainger, and General Electric. The report also highlights the key drivers, competitive intelligence, demand-supply gaps, emerging geographic regions, as well as the restraints that the automation sector currently experiences. It also presents insights into the rapidly altering competitive scenario to give clients a precise picture of the upcoming events within the industrial automation industry. Technavio also provides deep-dive market assessments into the robotics sector. 


Our market research methodology for the global industrial timer market 

Global Industrial Timer Market Market segmentation by region 

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases. 

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Market outline

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by product

  • Market overview
  • Global digital industrial timer market
  • Global analog industrial timer market

PART 07: Market segmentation by end-user

  • Market overview
  • Global industrial timer market in the oil and gas industry
  • Global industrial timer market in the chemical and petrochemical industry
  • Global industrial timer market in the power industry
  • Global industrial timer market in the food and beverage industry
  • Global industrial timer market in other industries

PART 08: Geographical segmentation

  • Market overview
  • Industrial timer market in APAC
  • Industrial timer market in EMEA
  • Industrial timer market in the Americas

PART 09: Decision framework

PART 10: Drivers and challenges

  • Market drivers
  • Market challenges

PART 11: Market trends

  • Miniature and ultra-slim industrial timers
  • Increasing popularity of smart and programmable industrial timers
  • Growth potential in developing economies

PART 12: Vendor landscape

  • Competitive scenario
  • Other prominent vendors

PART 13: Key vendor analysis

  • General Electric
  • OMEGA Engineering
  • Siemens
  • Rockwell Automation

PART 14: Appendix

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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