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Global Static Transfer Switch (STS) Market Research Report 2024
Synopsis
A static transfer switch uses power semiconductors such as Silicon-controlled rectifiers (SCRs) to transfer a load between two sources. Because there are no mechanical moving parts, the transfer can be completed rapidly, perhaps within a quarter-cycle of the power frequency.
The global Static Transfer Switch (STS) market was valued at US$ 688 million in 2023 and is anticipated to reach US$ 1133.2 million by 2030, witnessing a CAGR of 7.3% during the forecast period 2024-2030.
ABB was the global largest manufacturer in the Static Transfer Switch market, accounted for maximal market share of 17% in the global market, followed by Eaton, Schneider Electric, DELTA, L3Harris Technologies, Vertiv Group, Piller Group, Socomec Group, Inform UPS, Mitsubishi Electric, AEG Power Solutions, LayerZero Power Systems, Power Distribution, and Godgoal. Top 5 companies took up a combined market share of 61% of the world total. North America held the largest market share close to 37%, followed by Europe of 34.03% in 2018. Rapid industrialization is driving the market growth of this industry.
This report aims to provide a comprehensive presentation of the global market for Static Transfer Switch (STS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Static Transfer Switch (STS).
Report Scope
The Static Transfer Switch (STS) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Static Transfer Switch (STS) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Static Transfer Switch (STS) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Eaton
Schneider Electric
DELTA
L3Harris Technologies
Vertiv Group
Piller Group
Socomec Group
Inform UPS
Mitsubishi Electric
AEG Power Solutions
LayerZero Power Systems
Power Distribution
Godgoal
Segment by Type
Single-phase
Three-phases
Segment by Application
Industrial
Commercial
Residential
Production by Region
North America
Europe
China
Japan
Southeast Asia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Static Transfer Switch (STS) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Static Transfer Switch (STS) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Static Transfer Switch (STS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
A static transfer switch uses power semiconductors such as Silicon-controlled rectifiers (SCRs) to transfer a load between two sources. Because there are no mechanical moving parts, the transfer can be completed rapidly, perhaps within a quarter-cycle of the power frequency.
The global Static Transfer Switch (STS) market was valued at US$ 688 million in 2023 and is anticipated to reach US$ 1133.2 million by 2030, witnessing a CAGR of 7.3% during the forecast period 2024-2030.
ABB was the global largest manufacturer in the Static Transfer Switch market, accounted for maximal market share of 17% in the global market, followed by Eaton, Schneider Electric, DELTA, L3Harris Technologies, Vertiv Group, Piller Group, Socomec Group, Inform UPS, Mitsubishi Electric, AEG Power Solutions, LayerZero Power Systems, Power Distribution, and Godgoal. Top 5 companies took up a combined market share of 61% of the world total. North America held the largest market share close to 37%, followed by Europe of 34.03% in 2018. Rapid industrialization is driving the market growth of this industry.
This report aims to provide a comprehensive presentation of the global market for Static Transfer Switch (STS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Static Transfer Switch (STS).
Report Scope
The Static Transfer Switch (STS) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Static Transfer Switch (STS) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Static Transfer Switch (STS) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Eaton
Schneider Electric
DELTA
L3Harris Technologies
Vertiv Group
Piller Group
Socomec Group
Inform UPS
Mitsubishi Electric
AEG Power Solutions
LayerZero Power Systems
Power Distribution
Godgoal
Segment by Type
Single-phase
Three-phases
Segment by Application
Industrial
Commercial
Residential
Production by Region
North America
Europe
China
Japan
Southeast Asia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Static Transfer Switch (STS) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Static Transfer Switch (STS) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Static Transfer Switch (STS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Static Transfer Switch (STS) Market Overview
1.1 Product Definition
1.2 Static Transfer Switch (STS) Segment by Type
1.2.1 Global Static Transfer Switch (STS) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single-phase
1.2.3 Three-phases
1.3 Static Transfer Switch (STS) Segment by Application
1.3.1 Global Static Transfer Switch (STS) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Industrial
1.3.3 Commercial
1.3.4 Residential
1.4 Global Market Growth Prospects
1.4.1 Global Static Transfer Switch (STS) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Static Transfer Switch (STS) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Static Transfer Switch (STS) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Static Transfer Switch (STS) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Static Transfer Switch (STS) Production Market Share by Manufacturers (2019-2024)
2.2 Global Static Transfer Switch (STS) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Static Transfer Switch (STS), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Static Transfer Switch (STS) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Static Transfer Switch (STS) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Static Transfer Switch (STS), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Static Transfer Switch (STS), Product Offered and Application
2.8 Global Key Manufacturers of Static Transfer Switch (STS), Date of Enter into This Industry
2.9 Static Transfer Switch (STS) Market Competitive Situation and Trends
2.9.1 Static Transfer Switch (STS) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Static Transfer Switch (STS) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Static Transfer Switch (STS) Production by Region
3.1 Global Static Transfer Switch (STS) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Static Transfer Switch (STS) Production Value by Region (2019-2030)
3.2.1 Global Static Transfer Switch (STS) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Static Transfer Switch (STS) by Region (2025-2030)
3.3 Global Static Transfer Switch (STS) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Static Transfer Switch (STS) Production by Region (2019-2030)
3.4.1 Global Static Transfer Switch (STS) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Static Transfer Switch (STS) by Region (2025-2030)
3.5 Global Static Transfer Switch (STS) Market Price Analysis by Region (2019-2024)
3.6 Global Static Transfer Switch (STS) Production and Value, Year-over-Year Growth
3.6.1 North America Static Transfer Switch (STS) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Static Transfer Switch (STS) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Static Transfer Switch (STS) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Static Transfer Switch (STS) Production Value Estimates and Forecasts (2019-2030)
3.6.5 Southeast Asia Static Transfer Switch (STS) Production Value Estimates and Forecasts (2019-2030)
4 Static Transfer Switch (STS) Consumption by Region
4.1 Global Static Transfer Switch (STS) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Static Transfer Switch (STS) Consumption by Region (2019-2030)
4.2.1 Global Static Transfer Switch (STS) Consumption by Region (2019-2024)
4.2.2 Global Static Transfer Switch (STS) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Static Transfer Switch (STS) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Static Transfer Switch (STS) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Static Transfer Switch (STS) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Static Transfer Switch (STS) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Static Transfer Switch (STS) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Static Transfer Switch (STS) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Static Transfer Switch (STS) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Static Transfer Switch (STS) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Static Transfer Switch (STS) Production by Type (2019-2030)
5.1.1 Global Static Transfer Switch (STS) Production by Type (2019-2024)
5.1.2 Global Static Transfer Switch (STS) Production by Type (2025-2030)
5.1.3 Global Static Transfer Switch (STS) Production Market Share by Type (2019-2030)
5.2 Global Static Transfer Switch (STS) Production Value by Type (2019-2030)
5.2.1 Global Static Transfer Switch (STS) Production Value by Type (2019-2024)
5.2.2 Global Static Transfer Switch (STS) Production Value by Type (2025-2030)
5.2.3 Global Static Transfer Switch (STS) Production Value Market Share by Type (2019-2030)
5.3 Global Static Transfer Switch (STS) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Static Transfer Switch (STS) Production by Application (2019-2030)
6.1.1 Global Static Transfer Switch (STS) Production by Application (2019-2024)
6.1.2 Global Static Transfer Switch (STS) Production by Application (2025-2030)
6.1.3 Global Static Transfer Switch (STS) Production Market Share by Application (2019-2030)
6.2 Global Static Transfer Switch (STS) Production Value by Application (2019-2030)
6.2.1 Global Static Transfer Switch (STS) Production Value by Application (2019-2024)
6.2.2 Global Static Transfer Switch (STS) Production Value by Application (2025-2030)
6.2.3 Global Static Transfer Switch (STS) Production Value Market Share by Application (2019-2030)
6.3 Global Static Transfer Switch (STS) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Static Transfer Switch (STS) Corporation Information
7.1.2 ABB Static Transfer Switch (STS) Product Portfolio
7.1.3 ABB Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Eaton
7.2.1 Eaton Static Transfer Switch (STS) Corporation Information
7.2.2 Eaton Static Transfer Switch (STS) Product Portfolio
7.2.3 Eaton Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Eaton Main Business and Markets Served
7.2.5 Eaton Recent Developments/Updates
7.3 Schneider Electric
7.3.1 Schneider Electric Static Transfer Switch (STS) Corporation Information
7.3.2 Schneider Electric Static Transfer Switch (STS) Product Portfolio
7.3.3 Schneider Electric Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Schneider Electric Main Business and Markets Served
7.3.5 Schneider Electric Recent Developments/Updates
7.4 DELTA
7.4.1 DELTA Static Transfer Switch (STS) Corporation Information
7.4.2 DELTA Static Transfer Switch (STS) Product Portfolio
7.4.3 DELTA Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 DELTA Main Business and Markets Served
7.4.5 DELTA Recent Developments/Updates
7.5 L3Harris Technologies
7.5.1 L3Harris Technologies Static Transfer Switch (STS) Corporation Information
7.5.2 L3Harris Technologies Static Transfer Switch (STS) Product Portfolio
7.5.3 L3Harris Technologies Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 L3Harris Technologies Main Business and Markets Served
7.5.5 L3Harris Technologies Recent Developments/Updates
7.6 Vertiv Group
7.6.1 Vertiv Group Static Transfer Switch (STS) Corporation Information
7.6.2 Vertiv Group Static Transfer Switch (STS) Product Portfolio
7.6.3 Vertiv Group Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Vertiv Group Main Business and Markets Served
7.6.5 Vertiv Group Recent Developments/Updates
7.7 Piller Group
7.7.1 Piller Group Static Transfer Switch (STS) Corporation Information
7.7.2 Piller Group Static Transfer Switch (STS) Product Portfolio
7.7.3 Piller Group Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Piller Group Main Business and Markets Served
7.7.5 Piller Group Recent Developments/Updates
7.8 Socomec Group
7.8.1 Socomec Group Static Transfer Switch (STS) Corporation Information
7.8.2 Socomec Group Static Transfer Switch (STS) Product Portfolio
7.8.3 Socomec Group Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Socomec Group Main Business and Markets Served
7.7.5 Socomec Group Recent Developments/Updates
7.9 Inform UPS
7.9.1 Inform UPS Static Transfer Switch (STS) Corporation Information
7.9.2 Inform UPS Static Transfer Switch (STS) Product Portfolio
7.9.3 Inform UPS Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Inform UPS Main Business and Markets Served
7.9.5 Inform UPS Recent Developments/Updates
7.10 Mitsubishi Electric
7.10.1 Mitsubishi Electric Static Transfer Switch (STS) Corporation Information
7.10.2 Mitsubishi Electric Static Transfer Switch (STS) Product Portfolio
7.10.3 Mitsubishi Electric Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Mitsubishi Electric Main Business and Markets Served
7.10.5 Mitsubishi Electric Recent Developments/Updates
7.11 AEG Power Solutions
7.11.1 AEG Power Solutions Static Transfer Switch (STS) Corporation Information
7.11.2 AEG Power Solutions Static Transfer Switch (STS) Product Portfolio
7.11.3 AEG Power Solutions Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 AEG Power Solutions Main Business and Markets Served
7.11.5 AEG Power Solutions Recent Developments/Updates
7.12 LayerZero Power Systems
7.12.1 LayerZero Power Systems Static Transfer Switch (STS) Corporation Information
7.12.2 LayerZero Power Systems Static Transfer Switch (STS) Product Portfolio
7.12.3 LayerZero Power Systems Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.12.4 LayerZero Power Systems Main Business and Markets Served
7.12.5 LayerZero Power Systems Recent Developments/Updates
7.13 Power Distribution
7.13.1 Power Distribution Static Transfer Switch (STS) Corporation Information
7.13.2 Power Distribution Static Transfer Switch (STS) Product Portfolio
7.13.3 Power Distribution Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Power Distribution Main Business and Markets Served
7.13.5 Power Distribution Recent Developments/Updates
7.14 Godgoal
7.14.1 Godgoal Static Transfer Switch (STS) Corporation Information
7.14.2 Godgoal Static Transfer Switch (STS) Product Portfolio
7.14.3 Godgoal Static Transfer Switch (STS) Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Godgoal Main Business and Markets Served
7.14.5 Godgoal Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Static Transfer Switch (STS) Industry Chain Analysis
8.2 Static Transfer Switch (STS) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Static Transfer Switch (STS) Production Mode & Process
8.4 Static Transfer Switch (STS) Sales and Marketing
8.4.1 Static Transfer Switch (STS) Sales Channels
8.4.2 Static Transfer Switch (STS) Distributors
8.5 Static Transfer Switch (STS) Customers
9 Static Transfer Switch (STS) Market Dynamics
9.1 Static Transfer Switch (STS) Industry Trends
9.2 Static Transfer Switch (STS) Market Drivers
9.3 Static Transfer Switch (STS) Market Challenges
9.4 Static Transfer Switch (STS) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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