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Global Transfer Switch Market Research Report 2024
Synopsis
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).
The global Transfer Switch market was valued at US$ 987.8 million in 2023 and is anticipated to reach US$ 1267.1 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
North America is the largest market with about 30% market share. Europe and Japan are follower, accounting for about 46% market share.
The key players are Vertiv, GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, GENERAC, Socomec, Thomson Power Systems䍺
This report aims to provide a comprehensive presentation of the global market for Transfer Switch, 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 Transfer Switch.
Report Scope
The Transfer Switch 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 Transfer Switch 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 Transfer Switch 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
General Electric
Emerson
Socomec
Cummins
Schneider Elect
Eaton
Siemens
Eltek
Generac
Russelectric
Caterpillar
Kohler
Camsco
Marathon Thomson Power System
Segment by Type
Automatic
Manual
Segment by Application
Industrial
Commercial
Residential
Production by Region
North America
Europe
China
Japan
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 Transfer Switch manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Transfer Switch 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 Transfer Switch 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.
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).
The global Transfer Switch market was valued at US$ 987.8 million in 2023 and is anticipated to reach US$ 1267.1 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
North America is the largest market with about 30% market share. Europe and Japan are follower, accounting for about 46% market share.
The key players are Vertiv, GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, GENERAC, Socomec, Thomson Power Systems䍺
This report aims to provide a comprehensive presentation of the global market for Transfer Switch, 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 Transfer Switch.
Report Scope
The Transfer Switch 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 Transfer Switch 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 Transfer Switch 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
General Electric
Emerson
Socomec
Cummins
Schneider Elect
Eaton
Siemens
Eltek
Generac
Russelectric
Caterpillar
Kohler
Camsco
Marathon Thomson Power System
Segment by Type
Automatic
Manual
Segment by Application
Industrial
Commercial
Residential
Production by Region
North America
Europe
China
Japan
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 Transfer Switch manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Transfer Switch 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 Transfer Switch 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 Transfer Switch Market Overview
1.1 Product Definition
1.2 Transfer Switch Segment by Type
1.2.1 Global Transfer Switch Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Automatic
1.2.3 Manual
1.3 Transfer Switch Segment by Application
1.3.1 Global Transfer Switch 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 Transfer Switch Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Transfer Switch Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Transfer Switch Production Estimates and Forecasts (2019-2030)
1.4.4 Global Transfer Switch Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Transfer Switch Production Market Share by Manufacturers (2019-2024)
2.2 Global Transfer Switch Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Transfer Switch, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Transfer Switch Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Transfer Switch Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Transfer Switch, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Transfer Switch, Product Offered and Application
2.8 Global Key Manufacturers of Transfer Switch, Date of Enter into This Industry
2.9 Transfer Switch Market Competitive Situation and Trends
2.9.1 Transfer Switch Market Concentration Rate
2.9.2 Global 5 and 10 Largest Transfer Switch Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Transfer Switch Production by Region
3.1 Global Transfer Switch Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Transfer Switch Production Value by Region (2019-2030)
3.2.1 Global Transfer Switch Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Transfer Switch by Region (2025-2030)
3.3 Global Transfer Switch Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Transfer Switch Production by Region (2019-2030)
3.4.1 Global Transfer Switch Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Transfer Switch by Region (2025-2030)
3.5 Global Transfer Switch Market Price Analysis by Region (2019-2024)
3.6 Global Transfer Switch Production and Value, Year-over-Year Growth
3.6.1 North America Transfer Switch Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Transfer Switch Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Transfer Switch Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Transfer Switch Production Value Estimates and Forecasts (2019-2030)
4 Transfer Switch Consumption by Region
4.1 Global Transfer Switch Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Transfer Switch Consumption by Region (2019-2030)
4.2.1 Global Transfer Switch Consumption by Region (2019-2024)
4.2.2 Global Transfer Switch Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Transfer Switch Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Transfer Switch Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Transfer Switch Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Transfer Switch 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 Transfer Switch Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Transfer Switch 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 Transfer Switch Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Transfer Switch Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Transfer Switch Production by Type (2019-2030)
5.1.1 Global Transfer Switch Production by Type (2019-2024)
5.1.2 Global Transfer Switch Production by Type (2025-2030)
5.1.3 Global Transfer Switch Production Market Share by Type (2019-2030)
5.2 Global Transfer Switch Production Value by Type (2019-2030)
5.2.1 Global Transfer Switch Production Value by Type (2019-2024)
5.2.2 Global Transfer Switch Production Value by Type (2025-2030)
5.2.3 Global Transfer Switch Production Value Market Share by Type (2019-2030)
5.3 Global Transfer Switch Price by Type (2019-2030)
6 Segment by Application
6.1 Global Transfer Switch Production by Application (2019-2030)
6.1.1 Global Transfer Switch Production by Application (2019-2024)
6.1.2 Global Transfer Switch Production by Application (2025-2030)
6.1.3 Global Transfer Switch Production Market Share by Application (2019-2030)
6.2 Global Transfer Switch Production Value by Application (2019-2030)
6.2.1 Global Transfer Switch Production Value by Application (2019-2024)
6.2.2 Global Transfer Switch Production Value by Application (2025-2030)
6.2.3 Global Transfer Switch Production Value Market Share by Application (2019-2030)
6.3 Global Transfer Switch Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Transfer Switch Corporation Information
7.1.2 ABB Transfer Switch Product Portfolio
7.1.3 ABB Transfer Switch 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 General Electric
7.2.1 General Electric Transfer Switch Corporation Information
7.2.2 General Electric Transfer Switch Product Portfolio
7.2.3 General Electric Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.2.4 General Electric Main Business and Markets Served
7.2.5 General Electric Recent Developments/Updates
7.3 Emerson
7.3.1 Emerson Transfer Switch Corporation Information
7.3.2 Emerson Transfer Switch Product Portfolio
7.3.3 Emerson Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Emerson Main Business and Markets Served
7.3.5 Emerson Recent Developments/Updates
7.4 Socomec
7.4.1 Socomec Transfer Switch Corporation Information
7.4.2 Socomec Transfer Switch Product Portfolio
7.4.3 Socomec Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Socomec Main Business and Markets Served
7.4.5 Socomec Recent Developments/Updates
7.5 Cummins
7.5.1 Cummins Transfer Switch Corporation Information
7.5.2 Cummins Transfer Switch Product Portfolio
7.5.3 Cummins Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Cummins Main Business and Markets Served
7.5.5 Cummins Recent Developments/Updates
7.6 Schneider Elect
7.6.1 Schneider Elect Transfer Switch Corporation Information
7.6.2 Schneider Elect Transfer Switch Product Portfolio
7.6.3 Schneider Elect Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Schneider Elect Main Business and Markets Served
7.6.5 Schneider Elect Recent Developments/Updates
7.7 Eaton
7.7.1 Eaton Transfer Switch Corporation Information
7.7.2 Eaton Transfer Switch Product Portfolio
7.7.3 Eaton Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Eaton Main Business and Markets Served
7.7.5 Eaton Recent Developments/Updates
7.8 Siemens
7.8.1 Siemens Transfer Switch Corporation Information
7.8.2 Siemens Transfer Switch Product Portfolio
7.8.3 Siemens Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Siemens Main Business and Markets Served
7.7.5 Siemens Recent Developments/Updates
7.9 Eltek
7.9.1 Eltek Transfer Switch Corporation Information
7.9.2 Eltek Transfer Switch Product Portfolio
7.9.3 Eltek Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Eltek Main Business and Markets Served
7.9.5 Eltek Recent Developments/Updates
7.10 Generac
7.10.1 Generac Transfer Switch Corporation Information
7.10.2 Generac Transfer Switch Product Portfolio
7.10.3 Generac Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Generac Main Business and Markets Served
7.10.5 Generac Recent Developments/Updates
7.11 Russelectric
7.11.1 Russelectric Transfer Switch Corporation Information
7.11.2 Russelectric Transfer Switch Product Portfolio
7.11.3 Russelectric Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Russelectric Main Business and Markets Served
7.11.5 Russelectric Recent Developments/Updates
7.12 Caterpillar
7.12.1 Caterpillar Transfer Switch Corporation Information
7.12.2 Caterpillar Transfer Switch Product Portfolio
7.12.3 Caterpillar Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Caterpillar Main Business and Markets Served
7.12.5 Caterpillar Recent Developments/Updates
7.13 Kohler
7.13.1 Kohler Transfer Switch Corporation Information
7.13.2 Kohler Transfer Switch Product Portfolio
7.13.3 Kohler Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Kohler Main Business and Markets Served
7.13.5 Kohler Recent Developments/Updates
7.14 Camsco
7.14.1 Camsco Transfer Switch Corporation Information
7.14.2 Camsco Transfer Switch Product Portfolio
7.14.3 Camsco Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Camsco Main Business and Markets Served
7.14.5 Camsco Recent Developments/Updates
7.15 Marathon Thomson Power System
7.15.1 Marathon Thomson Power System Transfer Switch Corporation Information
7.15.2 Marathon Thomson Power System Transfer Switch Product Portfolio
7.15.3 Marathon Thomson Power System Transfer Switch Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Marathon Thomson Power System Main Business and Markets Served
7.15.5 Marathon Thomson Power System Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Transfer Switch Industry Chain Analysis
8.2 Transfer Switch Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Transfer Switch Production Mode & Process
8.4 Transfer Switch Sales and Marketing
8.4.1 Transfer Switch Sales Channels
8.4.2 Transfer Switch Distributors
8.5 Transfer Switch Customers
9 Transfer Switch Market Dynamics
9.1 Transfer Switch Industry Trends
9.2 Transfer Switch Market Drivers
9.3 Transfer Switch Market Challenges
9.4 Transfer Switch 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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