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Automatic Transfer Switches Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: GE, Eaton, Cummins, KOHLER

08 Jan, 2020 | 90 Pages
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Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Automatic Transfer Switches Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.8% during the review period (2022 to 2027).



Automatic Transfer Switches Market Overview



An automatic transfer switch (ATS) is a device which mechanically transfers a power supply from its primary source to a backup source when it senses an outage or failure in the primary source. When a failure befalls in a primary power system, the ATS summons a standby power source like an uninterruptable power supply. An ATS can also start up more long-term backup power systems like local diesel generators to run electric equipment until utility power is restored.



Transfer switch provide a reliable transferring essential load connections between primary and alternate sources of electrical power. The data centers, hospitals, factories and a wide range of other facility types that require continuous or near-continuous uptime typically utilize an emergency power source such as a generator or a backup utility feed when their normal power source becomes unavailable. These switches connect facilities to backup power without human intervention. The automatic transfer switch dominates the market due to its prompt response in case of a power outage or variation in supply. A residential and industrial sector may account for the largest market share the high installation of the generator system.



Recent Developments



Cummins announces the introduction of a new line of ul1008 transfer switches with industry leading withstand and closing ratings and a new state-of-the-art control



May 18, 2021: The PowerCommand® X-Series transfer switches are designed for versatility with current ratings from 40 amps to 3000 amps. The new products, available as both transfer switches and service-entrance rated transfer switches, offer the highest UL1008 time-based and short-time withstand and closing ratings (WCR) in the industry.



Who are the Major Players in Automatic Transfer Switches Market?



Top Key players in the Automatic Transfer Switches Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Automatic Transfer Switches Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, Vertiv, GENERAC, Socomec, Thomson Power Systems and others.



What are the major Applications, Types and Regions for Automatic Transfer Switches Market?



Automatic Transfer Switches Market is segmented based on the type, applications, companies and regions.



By Type, Automatic Transfer Switches Market has been segmented into 




  • Open transition

  • Closed transition

  • Static transfer switch (STS)

  • Others



By Applications, Automatic Transfer Switches Market has been segmented into




  • Industrial

  • Commercial

  • Residential



Regional Analysis of Automatic Transfer Switches Market:



Many industries and commercial buildings own back-up power system to avoid any power outage. Also, the expansion of information and communication technology, which requires an uninterrupted power supply, may offer lucrative growth for the market. In Europe, automatic transfer switches gaining momentum in residential and industrial sectors. Germany, UK, Italy, France, and Russia, among others, are massively investing in microgrid infrastructure and renewable energy that would help to leverage the transfer switch market.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





What is our Automatic Transfer Switches Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 6.8% during the review period (2022 to 2027).



By Type




  • Open transition

  • Closed transition

  • Static transfer switch (STS)

  • Others



   



By Application




  • Industrial

  • Commercial

  • Residential



   



By Companies



GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, Vertiv, GENERAC, Socomec, Thomson Power Systems and others.



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



90



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Automatic Transfer Switches Report




  • Evaluate Automatic Transfer Switches market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Automatic Transfer Switches market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.



Frequently Asked Questions



What is the study period of this market?



The Automatic Transfer Switches Market is studied from 2017 - 2027.



What is the growth rate of Automatic Transfer Switches Market?



The Automatic Transfer Switches Market is growing at a CAGR of 6.8% over the next 5 years.



Who are the leading key players in Automatic Transfer Switches Market?



GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, Vertiv, GENERAC, Socomec, Thomson Power Systems and others.



What regions regions does this Automatic Transfer Switches Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Automatic Transfer Switches Market?



Open transition, Closed transition, Static transfer switch (STS), Others



What are the significant Applications of Automatic Transfer Switches Market?



Industrial, Commercial, Residential



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

 



 




  1. INTRODUCTION


    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL AUTOMATIC TRANSFER SWITCHES MARKET BY TYPES

    3. GLOBAL AUTOMATIC TRANSFER SWITCHES MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR AUTOMATIC TRANSFER SWITCHES



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. AUTOMATIC TRANSFER SWITCHES GROWTH

      2. APPLICATION OF AUTOMATIC TRANSFER SWITCHES



    4. IMPACT OF COVID 19



  5. GLOBAL AUTOMATIC TRANSFER SWITCHES MARKET, BY TYPES

    1. INTRODUCTION

    2. OPEN TRANSITION

    3. CLOSED TRANSITION

    4. STATIC TRANSFER SWITCH (STS)

    5. OTHERS



  6.  GLOBAL AUTOMATIC TRANSFER SWITCHES MARKET, BY APPLICATION

    1. INTRODUCTION

    2. INDUSTRIAL

    3. COMMERCIAL

    4. RESIDENTIAL

    5.  OTHERS



  7.  GLOBAL AUTOMATIC TRANSFER SWITCHES MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. GE

      2. EATON

      3. CUMMINS

      4. KOHLER

      5. ABB

      6. BRIGGS & STRATTON

      7. VERTIV

      8. GENERAC

      9. SOCOMEC

      10. THOMSON POWER SYSTEMS







 

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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