Industrial Timer Market to grow at a CAGR of 5.5% including key players : ABB, Bellofram Group of Companies, Danfoss, Eolane Technology

Industrial Timer market
A new research document with title ‘Industrial Timer – Global Market Outlook (2017-2023)’ covering detailed analysis, Competitive landscape, forecast and strategies.

The study covers geographic analysis that includes regions like North America, Europe, Asia Pacific, South America, Middle East & Africa and important players/vendors such as Siemens, OMRON, ABB, Bellofram Group of Companies, Danfoss, Eolane Technology  etc The report will help user gain market insights, future trends and growth prospects for forecast period of 2017-2023.

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According to HTF’s, the Global Industrial Timer Market is expected to grow at a CAGR of 5.5% during the forecast period. Industrial Timers is a relay that has an output and are used in different industries, which electrically turn on or turn off the circuit behind a fixed time elapses where electrical or mechanical input is given. Availability of low-cost industrial timers is a major factor that has a positive impact on the market growth. However, substitute such as usage of PLC’s and industrial PC’s are hampering the market during the forecast period.

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By product, rising demand from the end users industries has led to the growth of this segment. Analog and digital timers are extensively used in process control equipment to support in process regulation. The existing features such as high-precision time settings and multifunctional applications will further favor the growth of this market segment.

Based on end user, oil & gas segment has a major growth in North America and Middle East regions due to growing investments on timers. The demand for timers in end user industries is mainly attributed to its benefits that assist in protecting the power supply in industrial machinery and equipments.

Depending on geography, Asia Pacific region dominates the global market owing to existence of major industrial timer manufacturers. Moreover, growing demand for SME’s i.e small and medium scale enterprises in different parts of the region will also favor for the market growth over the forecast period.

Some of the key players in this market include Rockwell Automation, General Electric, OMEGA Engineering, Siemens, OMRON, ABB, Bellofram Group of Companies, Danfoss, Eolane Technology (Suzhou), Fanox, Fortress Interlocks, Global Equipment Company, Intermatic Incorporated, Kübler Group, Murrelektronik, Panasonic, SIMEX, Tense Elektronik, TE Connectivity and Wieland Electric.

End Users Covered:
• Food & Beverage
• Chemical & Petrochemical
• Oil & Gas
• Power Generation
• Other End Users

Products Covered:
• Analog Industrial Timers
• Digital Industrial Timers

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o U.K.
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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1 Executive Summary     
       
2 Preface      
 2.1 Abstract      
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
       
3 Market Trend Analysis    
 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats     
 3.6 End User Analysis    
 3.7 Product Analysis     
 3.8 Emerging Markets    
 3.9 Futuristic Market Scenario   
       
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global Industrial Timer Market, By End User  
 5.1 Introduction     
 5.2 Food & Beverage    
 5.3 Chemical & Petrochemical   
 5.4 Oil & Gas     
 5.5 Power Generation    
 5.6 Other End Users    
       
6 Global Industrial Timer Market, By Product  
 6.1 Introduction     
 6.2 Analog Industrial Timers   
 6.3 Digital Industrial Timers   
       
7 Global Industrial Timer Market, By Geography  
 7.1 Introduction     
 7.2 North Americ

….Continued

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