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Timing Relay market


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Timing Relay market is expected to reach USD 805.6 Million by 2026 from USD XX Million in 2018 at a CAGR of XX %.

Timing Relay Market

Rising investments in the power sector, increasing use of control devices in end-use industries and rising demand for electrical equipment are attributed for the growth of Timing Relay Market.

The Timing Relay Market by a timer is segmented into on-delay, off-delay, and others. The on-delay segment had the largest market share in 2016 and is projected to grow at the fastest rate during the forecast period. The panel mounted segment, by mounting type had the largest market size in 2016. Panel mounted timing relays are used for air conditioning systems, heat pumps, waste, water and treatment, and medical equipment. The market, by function, is segmented into single function and multi-function. The single function sub-segment had the largest market size in 2016 and is projected to grow at a high rate during the forecast period. These timers provide broad timing ranges, voltages and functions compared to single function timing relays.


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Target State: All States
Target City : Pune
Last Update : Jul 09, 2020 8:59 AM
Number of Views: 1
Item  Owner  : shubham
Contact Email:
Contact Phone: 09607195908

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2020-07-09 (0.103 sec)