The global timing relay market was valued at USD 446.2 Million in 2016 and is estimated to grow at a CAGR of 4.32%, during the forecast period.

The report defines, describes, and forecasts the global timing relay market by timer, mounting type, function, end-user, and region.

The global market is set to witness a significant growth due to the increasing demand for control devices in end-use industries and the availability of broad time delay ranges in timing relays.