Energy and Power Timing Relay Market | Page 2

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 segm ent of the timing relay market. Scope of the Report: • • • • • By Timer o On-delay o Off-delay o Others By Mounting Type o Panel Mounted o DIN Rail Mounted o Others By Function o Single Function o Multi-Function By End-User o Utilities o Industries o Others By Region o Asia Pacific o North America o Europe o Middle East & Africa o South America 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