brand

Europe Timing Relay Market Size & Outlook, 2023-2030

The timing relay market in Europe is expected to reach a projected revenue of US$ 226.5 million by 2030. A compound annual growth rate of 5.1% is expected of Europe timing relay market from 2024 to 2030.

Revenue, 2023 (US$M)
$159.6
Forecast, 2030 (US$M)
$226.5
CAGR, 2024 - 2030
5.1%
Report Coverage
Europe

Europe timing relay market, 2018-2030 (US$M)

  • Select file type
Europe
Unlock Premium

Related Markets

Global Timing Relay Industry Outlook

North America Timing Relay Market Outlook

Asia Pacific Timing Relay Market Outlook

Latin America Timing Relay Market Outlook

MEA Timing Relay Market Outlook

Europe timing relay market highlights

  • The Europe timing relay market generated a revenue of USD 159.6 million in 2023.
  • The market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
  • In terms of segment, delay-on relay was the largest revenue generating type in 2023.
  • Delay-on relay is the most lucrative type segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 159.6 million
Market revenue in 2030USD 226.5 million
Growth rate5.1% (CAGR from 2023 to 2030)
Largest segmentDelay-on relay
Fastest growing segmentDelay-on relay
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDelay-on relay


Other key industry trends

  • In terms of revenue, Europe region accounted for 27.0% of the global timing relay market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 268.1 million by 2030.

Key Regions: UK , U.S. , Japan , Brazil , UAE

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Timing Relay Market Scope

Timing relay market segmentation & scope
Type
Delay-on relay
Delay-off relay
End Use
Utility
Industrial
Others
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Timing Relay Market Companies

Name Profile # Employees HQ Website

Europe timing relay market

  • Select file type
Europe Unlock Premium

Related industry reports

Global Electric Power Transmission And Distribution Equipment Market Outlook, 2022-2030

Global Building-integrated Photovoltaics Market Outlook, 2023-2030

Global Microgrid Market Outlook, 2023-2030

Global Power Transformer Market Outlook, 2022-2030

Global Cryogenic Tanks Market Outlook, 2019-2027

Related regional statistics

Latin America grey hydrogen market statistics, by application, 2018-2030 (US$M)

Latin America green hydrogen market statistics, by application, 2018-2030 (US$M)

North America blue hydrogen market statistics, by application, 2018-2030 (US$M)

North America underground hydrogen storage market statistics, by reservior type, 2018-2030 (MCM)

North America battery energy storage systems market statistics, by application, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more