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.
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