Energy and Power Timing Relay Market | Page 3

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. 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 T&D 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. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for d eeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 [email protected]