Sep 1, 2017   SOURCE: BusinessWire

Global Industrial Timer Market 2017-2021: Key Vendors are OMEGA Engineering, OMRON, General Electric, Siemens & Rockwell Automation - Research and Markets

The "Global Industrial Timer Market 2017-2021" report has been added to Research and Markets' offering.

The global industrial timer market is forecast to grow at a CAGR of 4.22% during the period 2017-2021.

The report, Global Industrial Timer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is miniature and ultra-slim industrial timers. Industrial timers are becoming smaller in order to fit into smaller machines. Industrial timers are evolving owing to R&D and now incorporate a high level of intelligence to ensure more efficiency in operations, thus enabling accuracy and high performance. These products are ultra slim, which makes it easier to integrate them machines and allow maximum control with low energy consumption while optimizing operational efficiency.

According to the report, one driver in the market is increasing availability of low-cost industrial timers. The market for industrial timers is heavily driven by digital industrial timers, and this is due to the market growth in the developing countries where the cost of these products has led to their preference over PLCs. The cost of analog industrial timers has also been reduced with the incorporation of multifunctional features. These low-cost industrial timers are also used in safety devices and can handle high temperatures and strong vibrations from machines on the factory floor.

Key vendors

  • OMEGA Engineering
  • OMRON
  • General Electric
  • Siemens
  • Rockwell Automation

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product

Part 07: Market Segmentation By End-User

Part 08: Geographical Segmentation

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Key Vendor Analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/vz53nw/global_industria