Lewes, DE -- (SBWIRE) -- 07/24/2018 -- Time Delay Relays market will register a 4.2% CAGR in terms of revenue, reach US$ 600 million by 2023, from US$ 470 million in 2017.

Time delay is defined as the controlled period between the functioning of two events. A Time delay relay is a combination of an electromechanical output relay and a control circuit. The control circuit is comprised of solid state components and timing circuits that control operation of the relay and timing range. Typical time delay functions include on-delay, repeat cycle (starting off), interval, off-delay, retrigger able one shot, repeat cycle (starting on), pulse generator, one shot, on / off delay, and memory latch. Each function is explained in the table below. Time delay relays have a broad choice of timing ranges from less than one second to many days.

At present, in the European and American developed countries, the time delay relays industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in Japan Europe and USA. Although Japanese companies such as Omron and Panasonic has large scale, the European/American based companies, such as Schneider Electric, Rockwell Automation, ABB, have more advanced equipment, strong R & D capability, the technical level is in a leading position.

China's relay industry has developed into a national industry with certain research and production capacity, industry product mix has gradually improved, currently China has become international Relay large consumption country, but the production technology is relatively laggard, it can only produce some low-end product, although the new production lines is increasing, the high-end product is still relying on import. But for time delay relays industry, the downstream demand is relatively weak, only few companies provide timing relays and the high-end products mainly rely on multinational companies.

Over the next five years,study projects that Time Delay Relays will register a 4.2% CAGR in terms of revenue, reach US$ 600 million by 2023, from US$ 470 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Omron
TE Connectivity
Panasonic
Crouzet Control
Siemens
Schneider Electric
Finder
Carlo Gavazzi
ABB
Phoenix Contact
Sprecher+Schuh
Rockwell Automation
Fuji Electric
Dold
Eaton
Honeywell
GE
Schrack
Hager
Mitsubishi Electric

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Single Time Ranges
Multiple Time Ranges

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Industrial & Control
Automotive
Electric and Electronic Equipment
Other

Spanning over 143 pages "Forecast of Global Time Delay Relays Market 2023" report covers Time Delay Relays Market Overview, Global Time Delay Relays Sales, Revenue (Value) and Market Share by Players, Global Time Delay Relays Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Time Delay Relays Sales, Revenue and Price, Europe Top 5 Players Time Delay Relays Sales, Revenue and Price, Asia-Pacific Top 5 Players Time Delay Relays Sales, Revenue and Price, South America Top 5 Players Time Delay Relays Sales, Revenue and Price, Middle East & Africa Top 5 Players Time Delay Relays Sales, Revenue and Price, Global Time Delay Relays Players Profiles/Analysis, Global Time Delay Relays Market Forecast (2018-2023), Time Delay Relays Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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