Abstract, Snapshot, Market Analysis & Market Definition: Transfer Switches Market
This report studies the Transfer Switches market. The transfer switch (TS) is an electrical device that allows the transfer of power sources to the load. This superior switching methodology means that if one power source fails, the TS switch connects the load to the back-up power source. The switch market comprises of two transfer switches, namely the automatic transfer switch (ATS) and manual transfer switch (MTS). 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. In 2019, the market size of Transfer Switches is 829.4 million US$ and it will reach 1247 million US$ in 2025, growing at a CAGR of 6.0% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Transfer Switches. This report studies the global market size of Transfer Switches, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Transfer Switches production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Transfer Switches Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Automatic Transfer Switches
Manual Transfer Switches
Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:
Industrial
Commercial
Residential
Key Players, Recent Developments & Sector Viewpoints: Transfer Switches Market
Vertiv
GE
Eaton
Cummins
KOHLER
ABB
Briggs & Stratton
GENERAC
Socomec
Thomson Power Systems
Key Insights Covered: Exhaustive Transfer Switches Market
1. Market size (sales, revenue and growth rate) of Transfer Switches industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Transfer Switches industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Transfer Switches industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Transfer Switches industry.
Research Methodology: Transfer Switches Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.