Global Time Switch Sales Market Report 2020

A time switch is a device that has a built-in mechanical or electronic timer that turns an electrical circuit on and off at certain times of the day. The electrical current typically is used to perform a task that otherwise would be done by a person. Time Switch work in a variety of areas, such as irrigation or other water pumps, indoor or outdoor lighting, ventilation systems and other devices that need to be turned on and off throughout the day. A time switch automatically performs these tasks so that a person doesn't have to remember to do so or have to physically flip a switch at certain times every day.
Currently, there are many producing companies in the world. The main market players are Intermatic Incorporated, Leviton, Legrand, Honeywell, Hager and so on.
North America is the largest production of Time Switch, with a production revenue market share nearly 36.29% in 2016.

The second place is Europe; following North America with the production market share over 32.49% in 2016. China is another important production market of Time Switch.

Time Switch used in industry including Lightings, Appliances, Industrial Devices and Others. Report data showed that 36.29% of the Time Switch market demand in Lightings, 28.28% in Appliances, and 20.40 % in Industrial Devices in 2016.

There are two kinds’ productions constituting the Time Switch, which are Digital Time Switch and Analogue Time Switch. Analogue Time Switch is important in the Time Switch, with a production market share nearly 51.05% in 2016.

Briefly speaking, in the next few years, Time Switch industry will still be a relative steady industry. Sales of Time Switch have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.

Market Analysis and Insights: Global Time Switch Market
The global Time Switch market size is projected to reach US$ 2240.2 million by 2026, from US$ 1634 million in 2020, at a CAGR of 5.4% during 2021-2026.

Global Time Switch Scope and Market Size
The global Time Switch market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Time Switch market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Time Switch market is segmented into
Digital Time Switch
Analogue Time Switch

Segment by Application, the Time Switch market is segmented into
Lightings
Appliances
Industrial Devices
Others

The Time Switch market is analysed and market size information is provided by regions (countries). Segment by Application, the Time Switch market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Time Switch Market Share Analysis
Time Switch market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Time Switch business, the date to enter into the Time Switch market, Time Switch product introduction, recent developments, etc.

The major vendors covered:
Intermatic Incorporated
leviton
Legrand
Honeywell
Hager
Havells India
Theben
Eaton
OMRON
Lutron Electronics
Sangamo
Hugo Müller
Panasonic Japan
Finder SPA
Enerlites
Any Electronics
Pujing

Frequently Asked Questions