TBIQYR5063-Global Automatic Transfer Switches Market Research Report 2019

                                          
An automatic transfer switch (ATS) is a device that automatically transfers a power supply from its primary source to a backup source when it senses a failure or outage in the primary source. When a failure occurs in a primary power system, the ATS invokes a standby power source, such as an uninterruptable power supply. An ATS can also start up more long-term backup power systems, such as local diesel generators, to run electric equipment until utility power is restored.
Transfer switch is an electromechanical device which facilitates switching between two or more power sources mainly backup generators. It assures convenient and hassle free switching and continuous power supply in industrial, commercial and residential operations. The market drivers of the transfer switch market are entirely influenced by power distribution & transmission industry. Growth in the related as well as complementary markets, of generators and alternate energy sources, also contribute towards the growth of transfer switch market.

Sudden brownouts and voltage fluctuation, outages, blackouts, and uncertain weather conditions have led to the increase in demand for transfer switch in the market. The growing dependence on power and critical application in industries, commercial institutions, healthcare, transportation, and households is the driving factor for transfer switch market.

The Asia-Pacific transfer switch market held the largest market share in 2016. The market in China accounts the Second share in this region. Rapid industrialization is driving the market growth in this country. Also, some of the world’s largest transfer switch manufacturers are present in China.

The need for the installation of transfer switch is more seen in the industrial sector as most of the industrial end users rely on continuous power. The sector comprises mainly power rental companies, utilities, telecom & IT (datacenters) and construction & manufacturing, mining industries, oil & gas, automotive, & pharmaceuticals industries. In terms of value, the industrial segment accounted for the largest share in the global transfer switch market, followed by commercial and residential.


The global Automatic Transfer Switches market is valued at 990 million US$ in 2018 is expected to reach 1660 million US$ by the end of 2025, growing at a CAGR of 6.7% during 2019-2025.
This report focuses on Automatic Transfer Switches volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automatic Transfer Switches market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    GE
    Eaton
    Cummins
    KOHLER
    ABB
    Briggs & Stratton
    Vertiv
    GENERAC
    Socomec
    Thomson Power Systems

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Open transition
    Closed transition
    Static transfer switch (STS)
    Others

Segment by Application
    Industrial
    Commercial
    Residential