Timing Relay Market Forecast to 2022- Competitive Landscape and Geography

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Timing Relay Market by Timer (On-Delay,
Off-Delay), Mounting Type (Panel Mounted, Din
Rail Mounted), Function (Single, Multi-Function),
End-User (Utilities, Industries), and Region
(Asia Pacific, North America, Europe) - Global
Forecast to 2022
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"Timing Relay Market by Timer (On-Delay,
Off-Delay), Mounting Type (Panel Mounted, Din
Rail Mounted), Function (Single, Multi-Function),
End-User (Utilities, Industries), and Region
(Asia Pacific, North America, Europe) - Global
Forecast to 2022 The timing relay market is
expected to grow from an estimated value of USD
464.1 Million in 2017 to USD 573.5 Million by
2022, at a CAGR of 4.32, from 2017 to 2022. The
global market is set to witness a significant
growth due to the increasing demand for control
devices in end-use industries and the
availability of broad time delay ranges in timing
relays. PDF Brochure https//www.marketsand
markets.com/pdfdownload.asp?id241993160

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The on-delay segment is expected to hold the
largest share of the timing relay market, by
timer, during the forecast period. The on-delay
segment is expected to hold a major share in the
timing relay market during the forecast period.
On-delay timers turn on after a particular time
delay. The key applications of on-delay timers
are interference pulse suppression and gradual
starting of motors to avoid mains overload.
Market players such as Siemens, Littelfuse,
OMRON, Panasonic, Carlo Gavazzi, IDEC
Corporation, and Macromatics offer on-delay
timers. On-delay timers are easy to implement
when compared to off-delay and other timers. All
these factors have resulted in the larger share
of on-delay timers in the timing relay
market. Request for Customization
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zation.asp?id241993160
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The panel mounted segment accounts for the
largest share of the timing relay market, by
mounting type, during the forecast period. The
panel mounted segment is expected to be the
largest market, by mounting type, from 2017 to
2022. Panel mounted timing relays are designed to
be easily mounted on flat panels or heat sinks
with screws. Panel mounting is the most preferred
mounting type as timing relays can be plugged
into a socket or can be mounted on a panel. All
these factors are expected to drive the panel
mounted segment of the timing relay
market. Request for Customization
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zation.asp?id241993160
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The utilities segment is expected to be the
largest end-user segment of the timing relay
market during the forecast period. The utilities
segment is expected to be the largest timing
relay market from 2017 to 2022. Utilities depend
on automatic systems to control and monitor their
network and equipment. Timing relays (also known
as timer delay relays) are used to control an
event based on time. Moreover, timing relays are
deployed by utilities to address problems such as
load shedding, load restoration, motor loads,
high-speed reclosing, and under frequency
protection of generators. Timing relays are also
used for electric-utility distribution circuit
protection as these relays provide the best
selectivity with electric equipment such as
re-closers, generator transfer switches, fuses,
and circuit breakers. All these factors are
likely to drive the utilities segment of the
timing relay market. Request Sample _at_
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p?id241993160
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Asia Pacific The fastest growing market for
timing relays. In this report, the timing relay
market has been analyzed with respect to five
regions, namely, Asia Pacific, North America,
Europe, the Middle East Africa, and South
America. The market in Asia Pacific is expected
to dominate the global timing relay market due to
increasing investments in the power generation
sector and increasing TD network expansions in
the region. The Chinese market is expected to
dominate the timing relay market in Asia Pacific.
The timing relay market is expected to grow at a
high rate in countries such as India, China, and
South-East Asian countries. Increasing
manufacturing activities and power generation
capacity additions in these countries are the
main factors spurring the growth of the timing
relay market. To enable an in-depth
understanding of the competitive landscape, the
report includes the profiles of some of the top
players in the timing relay market. These include
Siemens (Germany), ABB (Switzerland), General
Electric (US), Schneider Electric (France), Eaton
(Ireland), and Rockwell Automation (US).
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