According to a detailed analysis by Market Research Future (MRFR), the timing relay market is predicted to register a CAGR of 4.50% during the forecast period (2017-2023). Also acknowledged as time delay relays, timing relays are switches that can be controlled with the help of a circuit. It is precisely used in industrial applications where the timing requires to be locked in and offers reliable and simple control to initiate a motor, affect a process, and control a load.