Timing Relay Market 2019 Industry Analysis, Segments, Opportunities, Development Strategies, Top Players, Regional Analysis and Competitive Landscape Forecast to 2023

“Timing Relay Market”
Timing Relay Market Research Report: Information by Timer (On-Delay, Off-Delay), Mounting Type (Panel Mounted, Din Rail mounted), Function (Single Function and Multi-function), End-User (Utilities and Industries), and Region – Global Forecast till 2023

Global timing relay market is expected to witness substantial growth during the forecast period owing to increasing investments in the power generation sector and continuous investment in industrial automation. As per BP Energy Outlook 2017, the share of energy for power generation would rise from 42% in 2015 to 47% by 2035. Timing relay is defined as a control device which helps to control the functioning of two events. It is a combination of an electromechanical output relay and a control circuit. Its functions include on-delay, off-delay, repeat cycle, pulse generator, and memory latch, among others. Increasing demand for control devices in end-use industries and growing demand for electrical equipment is likely to drive the market for timing relays

Key players in global Timing Relay market studied are:

  • Siemens (Germany),
  • ABB (Switzerland),
  • General Electric (US),
  • Schneider (France),
  • Eaton (Ireland),
  • Rockwell (US),
  • Omron (Japan),
  • Littlefure (US),
  • TE Connectivity (Switzerland),
  • Mitsubishi Electric (Japan),
  • Fuji Electric (Japan), and
  • Infitec (Germany),

 

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Timing Relay Market Segmental Analysis:

Global Timing Relay Market, By Timer

    • On-Delay
    • Off-Delay

Global Timing Relay Market, By Mounting Type

    •   Panel Mounted
    •  Din Rail Mounted

Global Timing Relay Market, By Function

    • Single
    • Multi-Function

Global Timing Relay Market, By End-User

    • Utilities
    • Industries
    • Others

Global Timing Relay Market, By Regions

    • North America 
    • Asia-Pacific 
    • Europe
    • Middle East & Africa
    • South America

Timing Relay Regional Market Analysis:

Region wise, it is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, due to increasing investments in the power generation sector and increasing T&D network expansions in the region. For instance, according to Energy Information Administration (EIA), utilities continue to increase spending on transmission infrastructure. Expansion in transmission network would positively impact the growth of timing relay market. At the end of 2017, 405 miles of transmission lines were added with its completion dates planned through 2024. Similarly, the timing relay market is expected to experience growth in the countries such as India, China, and South-East Asian countries. Power generation capacity additions and increasing manufacturing activities in these countries are the main factors spurring the growth of the timing relay market.

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Table of Contents

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope Of The Study

2.3 Market Structure

3 Research Methodology

3.1 Primary Research

3.2 Secondary Research

3.3 Market Size Estimation

3.4 Forecast Model

3.5 List Of Assumptions

3.6 Limitations Of The Study

4 Market Insights

Continued……

List Of Tables

Table 1 Global Timing Relay Market, By Region, 2016-2023 (USD Million)

Table 2 North America Timing Relay Market, By Country, 2016-2023 (USD Million)

Table 3 Europe Timing Relay Market, By Country, 2016-2023 (USD Million)

Table 4 Asia-Pacific Timing Relay Market, By Country, 2016-2023 (USD Million)

Table 5 Middle East & Africa Timing Relay Market, By Country, 2016-2023 (USD Million)

Table 6 South America Timing Relay Market, By Country, 2016-2023 (USD Million)

Table 7 Global Timing Relay Market, By Timer, 2016-2023 (USD Million)

Table 8 North America Timing Relay Market, By Timer, 2016-2023 (USD Million)

Continued……..

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