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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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Date: 12-Dec-2017
No. of pages: 138
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“The timing relay market is projected to grow at a CAGR of 4.32%, from 2017 to 2022.”

The timing relay market is projected to reach USD 573.5 million by 2022, at a CAGR of 4.32%, from 2017 to 2022.The availability of broad time delay ranges in timing relays, rising industrial automation, and increased demand for control devices in end-use industries have boosted the demand for timing relays. In addition, the increasing focus on renewable power generation and increasing power generation capacity additions globally would further aid the growth of this market. The availability of alternatives such as PLCs and smart relays would act as a restraint for the timing relay market.   

"The on-delay segment is expected to grow at the highest CAGR, from 2017 to 2022.”

The on-delay segment is estimated to be the fastest-growing timing relay market, by timer, from 2017 to 2022. The growth of this segment can be attributed to its easy implementation and operation as compared to off-delay and other timers. Asia Pacific and the Middle East & Africa are the key markets for on-delay timers due to the rising demand for processes based on on-delay timing ranges. There are more market players involved in the manufacturing of on-delay timers as compared to off-delay and other timers. All these factors are expected to drive the timing relay market during the forecast period.

“The single function segment is expected to dominate the timing relay market, from 2017 to 2022.”

The single function segment is estimated to be the larger market for timing relays in 2017. Single function timers are mainly used where installation space is a key factor and they provide high accuracy timing control for industrial and OEM applications. Moreover, these relays provide over current protection, over/under voltage protection, and frequency protection for electrical equipment such as transformers, MV feeders, and motors. This has resulted in the segment’s larger share from 2017 to 2022.

“Asia Pacific: The largest market for timing relays.”

Asia Pacific is estimated to be the largest market for timing relays in 2017, followed by North America and Europe. The market in Asia Pacific is driven by rising electricity demand, rising power generation capacity additions, and growth of the manufacturing and process industries in the region. It is projected to grow at the fastest rate during the forecast period. China and Japan are estimated to be the largest markets for timing relays in the region. In addition, the timing relay market is growing at a good pace in India and South-East Asia. These factors are expected to boost the growth of the timing relay market in Asia Pacific.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:


  • By Company Type: Tier 1- 45%, Tier 2- 35%, Tier 3- 20%

  • By Designation: C-Level- 15%, D-Level- 25%, Others- 60%

  • By Region: Asia Pacific- 40%,North America- 25%, Europe- 20%, Middle East & Africa- 10%, South America- 5%,


Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = > USD 10 billion, Tier 2 = from USD 1 billion to USD 10 billion, and Tier 3 = < USD 1 billion.

The leading players in the timing relay market include Siemens (Germany), ABB (Switzerland), General Electric (US), Schneider Electric (France), Eaton (Ireland), and Rockwell Automation (US).

Research Coverage:

The report defines, describes, and forecasts the global timing relay market by timer, mounting type, function, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market.  

Why Buy this Report?


  • The report identifies and addresses the key markets for timing relays, which would help suppliers review the growth in the demand for the product.

  • The report helps solutions providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.

  • The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

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

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation

3 Executive Summary

4 Premium Insights
4.1 Timing Relay Market, By Country
4.2 Timing Relay Market, By Timer
4.3 Timing Relay Market, By Mounting Type
4.4 Timing Relay Market, By Function
4.5 Timing Relay Market, By End-User
4.6 Asia Pacific Timing Relay Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Control Devices in End-Use Industries
5.2.1.2 Availability of Broad Time Delay Ranges in Timing Relays
5.2.1.3 Growing Demand for Electrical Equipment
5.2.2 Restraints
5.2.2.1 Availability of Alternatives Such as PLCs and Smart Relays
5.2.3 Opportunities
5.2.3.1 Rising Demand for Hvac Applications
5.2.4 Challenges
5.2.4.1 Technical Challenges in Relays
5.2.4.2 Presence of A Large Number of Local Players

6 Timing Relay Market, By Timer
6.1 Introduction
6.2 On-Delay
6.3 Off-Delay
6.4 Others

7 Timing Relay Market, By Mounting Type
7.1 Introduction
7.2 Panel Mounted
7.3 Din Rail Mounted
7.4 Others

8 Timing Relay Market, By Function
8.1 Introduction
8.2 Single Function
8.3 Multi-Function

9 Timing Relay Market, By End-User
9.1 Introduction
9.2 Utilities
9.3 Industries
9.4 Others

10 Timing Relay Market, By Region
10.1 Introduction
10.2 Asia Pacific
10.2.1 China
10.2.2 Japan
10.2.3 India
10.2.4 South Korea
10.2.5 Rest of Asia Pacific
10.3 North America
10.3.1 US
10.3.2 Canada
10.3.3 Mexico
10.4 Europe
10.4.1 Germany
10.4.2 UK
10.4.3 France
10.4.4 Italy
10.4.5 Rest of Europe
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 UAE
10.5.3 South Africa
10.5.4 Nigeria
10.5.5 Rest of the Middle East & Africa
10.6 South America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of South America

11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking Analysis
11.3 Competitive Scenario
11.3.1 Investments & Expansions
11.3.2 New Product Launches
11.3.3 Contracts & Agreements
11.3.4 Mergers & Acquisitions

12 Company Profiles
(Business Overview, Product Offering, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)*
12.1 Siemens
12.2 ABB
12.3 GE
12.4 Schneider
12.5 Eaton
12.6 Rockwell
12.7 Omron
12.8 Littelfuse
12.9 TE Connectivity
12.10 Phoenix Contact
12.11 Mitsubishi Electric
12.12 Fuji Electric
12.13 Macromatic Industrial Controls
12.14 Infitec
12.15 Mors Smitt

*Details on Business Overview, Product Offering, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 Timing Relay Market Snapshot
Table 2 Time Delay Ranges of the Key Players in the Timing Relay Market
Table 3 Timing Relay Market Size, By Timer, 2015–2022 (USD Million)
Table 4 On-Delay: Timing Relay Market Size, By Region, 2015–2022 (USD Million)
Table 5 Off-Delay: Timing Relay Market Size, By Region, 2015–2022 (USD Million)
Table 6 Others: Timing Relay Market Size, By Region, 2015–2022 (USD Million)
Table 7 Timing Relay Market Size, By Mounting Type, 2015–2022 (USD Million)
Table 8 Panel Mounted: Timing Relay Market Size, By Region, 2015–2022 (USD Million)
Table 9 Din Rail Mounted: Timing Relay Market Size, By Region, 2015–2022 (USD Million)
Table 10 Others: Timing Relay Market Size, By Region, 2015–2022 (USD Million)
Table 11 Timing Relay Market Size, By Function, 2015–2022 (USD Million)
Table 12 Single Function: Timing Relay Market Size, By Region, 2015–2022 (USD Million)
Table 13 Multi-Function: Timing Relay Market Size, By Region, 2015–2022 (USD Million)
Table 14 Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 15 Utilities: Timing Relay Market Size, By Region, 2015–2022 (USD Million)
Table 16 Industries: Timing Relay Market Size, By Region, 2015–2022 (USD Million)
Table 17 Others: Timing Relay Market Size, By Region, 2015–2022 (USD Million)
Table 18 Timing Relay Market, By Region, 2015–2022 (USD Million)
Table 19 Asia Pacific: Timing Relay Market Size, By Country, 2015–2022 (USD Million)
Table 20 Asia Pacific: Timing Relay Market Size, By Timer, 2015–2022 (USD Million)
Table 21 Asia Pacific: Timing Relay Market Size, By Function, 2015–2022 (USD Million)
Table 22 Asia Pacific: Timing Relay Market Size, By Mounting Type, 2015–2022 (USD Million)
Table 23 Asia Pacific: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 24 China: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 25 Japan: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 26 India: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 27 South Korea: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 28 Rest of Asia Pacific: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 29 North America: Timing Relay Market Size, By Country, 2015–2022 (USD Million)
Table 30 North America: Timing Relay Market Size, By Timer, 2015–2022 (USD Million)
Table 31 North America: Timing Relay Market Size, By Function, 2015–2022 (USD Million)
Table 32 North America: Timing Relay Market Size, By Mounting Type, 2015–2022 (USD Million)
Table 33 North America: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 34 US: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 35 Canada: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 36 Mexico: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 37 Europe: Timing Relay Market Size, By Country, 2015–2022 (USD Million)
Table 38 Europe: Timing Relay Market Size, By Timer, 2015–2022 (USD Million)
Table 39 Europe: Timing Relay Market Size, By Function, 2015–2022 (USD Million)
Table 40 Europe: Timing Relay Market Size, By Mounting Type, 2015–2022 (USD Million)
Table 41 Europe: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 42 Germany: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 43 UK: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 44 France: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 45 Italy: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 46 Rest of Europe: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 47 Middle East & Africa: Timing Relay Market Size, By Country, 2015–2022 (USD Million)
Table 48 Middle East & Africa: Timing Relay Market Size, By Timer, 2015–2022 (USD Million)
Table 49 Middle East & Africa: Timing Relay Market Size, By Function, 2015–2022 (USD Million)
Table 50 Middle East & Africa: Timing Relay Market Size, By Mounting Type, 2015–2022 (USD Million)
Table 51 Middle East & Africa: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 52 Saudi Arabia: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 53 UAE: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 54 South Africa: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 55 Nigeria: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 56 Rest of the Middle East & Africa: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 57 South America: Timing Relay Market Size, By Country, 2015–2022 (USD Million)
Table 58 South America: Timing Relay Market Size, By Timer, 2015–2022 (USD Million)
Table 59 South America: Timing Relay Market Size, By Function, 2015–2022 (USD Million)
Table 60 South America: Timing Relay Market Size, By Mounting Type, 2015–2022 (USD Million)
Table 61 South America: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 62 Brazil: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 63 Argentina: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 64 Rest of South America: Timing Relay Market Size, By End-User, 2015–2022 (USD Million)
Table 65 Market Ranking, 2016
Table 66 Market Developments From 2014 to 2017
Table 67 Investments & Expansions, 2014–2017
Table 68 New Product Launches, 2014–2017
Table 69 Contracts & Agreements, 2014–2017
Table 70 Mergers & Acquisitions, 2014–2017

List of Figures

Figure 1 Timing Relay Market Segmentation
Figure 2 Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Asia Pacific Held the Largest Share of the Timing Relay Market in 2016
Figure 7 The On-Delay Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 8 The Panel Mounted Segment is Expected to Dominate the Timing Relay Market in 2016
Figure 9 The Single Function Segment is Expected to Dominate the Timing Relay Market From 2017 to 2022
Figure 10 The Utilities Segment is Expected to Dominate the Timing Relay Market During the Forecast Period
Figure 11 Attractive Opportunities in the Timing Relay Market, 2017–2022
Figure 12 The Indian Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 13 The On-Delay Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 14 The Panel Mounted Segment is Expected to Dominate the Timing Relay Market During the Forecast Period
Figure 15 The Single Function Segment Dominated the Market in 2016, While Asia Pacific Dominated the Single Function Segment
Figure 16 The Industries Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 17 The Chinese Market Accounted for the Largest Share of the Asia Pacific Timing Relay Market in 2016
Figure 18 Drivers, Restraints, Opportunities, & Challenges
Figure 19 Industrial Control & Factory Automation Market, 2016–2022
Figure 20 Global Construction Market, By 2021
Figure 21 The On-Delay Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 22 Asia Pacific: the Fastest Growing Timing Relay Market in the On-Delay Segment, 2017–2022
Figure 23 Off-Delay Market, By Region, 2017–2022
Figure 24 The Panel Mounted Segment is Expected to Be the Largest During the Forecast Period
Figure 25 Panel Mounted Market, By Region, 2017 & 2022 (USD Million)
Figure 26 The Multi-Function Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 27 Single Function Segment, By Region, 2017–2022 (USD Million)
Figure 28 The Utilities Segment is Expected to Be the Largest Market for Timing Relays During the Forecast Period
Figure 29 Utilities Segment, By Region, 2017–2022 (USD Million)
Figure 30 Industries Segment, By Region, 2017–2022 (USD Million)
Figure 31 Others Segment, By Region, 2016
Figure 32 Regional Snapshot: Timing Relay Market (2017–2022)
Figure 33 Asia Pacific to Lead the Timing Relay Market During the Forecast Period
Figure 34 Asia Pacific: Market Snapshot
Figure 35 North America: Market Snapshot
Figure 36 Key Developments in the Timing Relay Market, 2014–2017
Figure 37 Siemens: Company Snapshot
Figure 38 ABB: Company Snapshot
Figure 39 GE: Company Snapshot
Figure 40 Schneider: Company Snapshot
Figure 41 Eaton: Company Snapshot
Figure 42 Rockwell: Company Snapshot
Figure 43 Omron: Company Snapshot
Figure 44 Littelfuse: Company Snapshot
Figure 45 TE Connectivity: Company Snapshot
Figure 46 Mitsubishi Electric: Company Snapshot
Figure 47 Fuji Electric: Company Snapshot

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