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Report World - Timers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

World - Timers - Market Analysis, Forecast, Size, Trends and Insights

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Global Timer Market 2025

Timer Market Size

The global timer market reduced slightly to $X in 2022, dropping by -3.3% against the previous year. Overall, consumption, however, showed a drastic downturn. Global consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Timer Production

In value terms, timer production reduced to $X in 2022 estimated in export price. In general, production saw a abrupt downturn. The growth pace was the most rapid in 2018 when the production volume increased by 133% against the previous year. Over the period under review, global production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Timer Exports

Exports

Global timer exports reduced modestly to X units in 2022, dropping by -4.1% against the previous year's figure. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 24%. The global exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, timer exports stood at $X in 2022. In general, exports showed a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 18%. The global exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China prevails in exports structure, recording X units, which was approx. 84% of total exports in 2022. It was distantly followed by Hong Kong SAR (X units), mixing up a 6.2% share of total exports. Slovenia (X units) held a minor share of total exports.

Exports from China decreased at an average annual rate of -10.1% from 2012 to 2022. Hong Kong SAR (-4.5%) and Slovenia (-8.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hong Kong SAR increased by +2.5 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest timer supplier worldwide, comprising 27% of global exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 2.1% share of global exports.

In China, timer exports decreased by an average annual rate of -3.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (-7.3% per year) and Slovenia (-4.5% per year).

Export Prices by Country

The average timer export price stood at $X per unit in 2022, surging by 9.7% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 36% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the other global leaders experienced mixed trends in the export price figures.

Timer Imports

Imports

Global timer imports totaled X units in 2022, approximately equating the year before. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 22%. Global imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, timer imports rose markedly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 28% against the previous year. Over the period under review, global imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X units), Slovenia (X units), Brazil (X units), Hong Kong SAR (X units), Turkey (X units), Japan (X units), the United States (X units) and Italy (X units) represented roughly 57% of total imports in 2022. The following importers - Canada (X units), Singapore (X units), Poland (X units), the Netherlands (X units) and Estonia (X units) - together made up 13% of total imports.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +50.5%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the UK ($X), the United States ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 24% of global imports. Japan, Poland, Canada, Estonia, the Netherlands, Singapore, Brazil, Hong Kong SAR, Turkey and Slovenia lagged somewhat behind, together accounting for a further 20%.

Among the main importing countries, Estonia, with a CAGR of +45.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average timer import price amounted to $X per unit, rising by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2017 an increase of 17% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per unit), while Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.3%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of timer consumption was South Africa, accounting for 25% of total volume. Moreover, timer consumption in South Africa exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by China, with a 7.3% share.
The country with the largest volume of timer production was China, comprising approx. 46% of total volume. Moreover, timer production in China exceeded the figures recorded by the second-largest producer, France, fourfold. The third position in this ranking was occupied by the United States, with a 7.5% share.
In value terms, France, China and Indonesia were the countries with the highest levels of exports in 2021, with a combined 60% share of global exports. These countries were followed by Hong Kong SAR, Estonia, Italy and South Africa, which together accounted for a further 4.3%.
In value terms, the largest timer importing markets worldwide were Japan, Italy and Vietnam, together accounting for 20% of global imports.
In 2021, the average timer export price amounted to $7.2 per unit, falling by -7.4% against the previous year.
In 2021, the average timer import price amounted to $7 per unit, shrinking by -4.1% against the previous year.

This report provides an in-depth analysis of the global timer market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26522810 - Time-registers and time-recorders

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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