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Global Transfer Switches 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 Switches market was valued at US$ 987.8 million in 2023 and is anticipated to reach US$ 1492.4 million by 2030, witnessing a CAGR of 6.0% 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 45% market share.
The key players are Vertiv, GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, GENERAC, Socomec, Thomson Power Systems etc. Top 3 companies occupied about 45% market share.
This report aims to provide a comprehensive presentation of the global market for Transfer Switches, 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 Switches.
Report Scope
The Transfer Switches 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 Switches 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 Switches 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
Vertiv
GE
Eaton
Cummins
KOHLER
ABB
Briggs & Stratton
GENERAC
Socomec
Thomson Power Systems
Segment by Type
Automatic Transfer Switches
Manual Transfer Switches
Segment by Application
Industrial
Commercial
Residential
Production by Region
North America
Europe
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 Switches manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Transfer Switches 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 Switches 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 Switches market was valued at US$ 987.8 million in 2023 and is anticipated to reach US$ 1492.4 million by 2030, witnessing a CAGR of 6.0% 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 45% market share.
The key players are Vertiv, GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, GENERAC, Socomec, Thomson Power Systems etc. Top 3 companies occupied about 45% market share.
This report aims to provide a comprehensive presentation of the global market for Transfer Switches, 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 Switches.
Report Scope
The Transfer Switches 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 Switches 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 Switches 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
Vertiv
GE
Eaton
Cummins
KOHLER
ABB
Briggs & Stratton
GENERAC
Socomec
Thomson Power Systems
Segment by Type
Automatic Transfer Switches
Manual Transfer Switches
Segment by Application
Industrial
Commercial
Residential
Production by Region
North America
Europe
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 Switches manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Transfer Switches 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 Switches 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 Switches Market Overview
1.1 Product Definition
1.2 Transfer Switches Segment by Type
1.2.1 Global Transfer Switches Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Automatic Transfer Switches
1.2.3 Manual Transfer Switches
1.3 Transfer Switches Segment by Application
1.3.1 Global Transfer Switches 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 Switches Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Transfer Switches Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Transfer Switches Production Estimates and Forecasts (2019-2030)
1.4.4 Global Transfer Switches Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Transfer Switches Production Market Share by Manufacturers (2019-2024)
2.2 Global Transfer Switches Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Transfer Switches, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Transfer Switches Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Transfer Switches Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Transfer Switches, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Transfer Switches, Product Offered and Application
2.8 Global Key Manufacturers of Transfer Switches, Date of Enter into This Industry
2.9 Transfer Switches Market Competitive Situation and Trends
2.9.1 Transfer Switches Market Concentration Rate
2.9.2 Global 5 and 10 Largest Transfer Switches Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Transfer Switches Production by Region
3.1 Global Transfer Switches Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Transfer Switches Production Value by Region (2019-2030)
3.2.1 Global Transfer Switches Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Transfer Switches by Region (2025-2030)
3.3 Global Transfer Switches Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Transfer Switches Production by Region (2019-2030)
3.4.1 Global Transfer Switches Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Transfer Switches by Region (2025-2030)
3.5 Global Transfer Switches Market Price Analysis by Region (2019-2024)
3.6 Global Transfer Switches Production and Value, Year-over-Year Growth
3.6.1 North America Transfer Switches Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Transfer Switches Production Value Estimates and Forecasts (2019-2030)
4 Transfer Switches Consumption by Region
4.1 Global Transfer Switches Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Transfer Switches Consumption by Region (2019-2030)
4.2.1 Global Transfer Switches Consumption by Region (2019-2024)
4.2.2 Global Transfer Switches Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Transfer Switches Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Transfer Switches Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Transfer Switches Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Transfer Switches 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 Switches Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Transfer Switches 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 Switches Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Transfer Switches 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 Switches Production by Type (2019-2030)
5.1.1 Global Transfer Switches Production by Type (2019-2024)
5.1.2 Global Transfer Switches Production by Type (2025-2030)
5.1.3 Global Transfer Switches Production Market Share by Type (2019-2030)
5.2 Global Transfer Switches Production Value by Type (2019-2030)
5.2.1 Global Transfer Switches Production Value by Type (2019-2024)
5.2.2 Global Transfer Switches Production Value by Type (2025-2030)
5.2.3 Global Transfer Switches Production Value Market Share by Type (2019-2030)
5.3 Global Transfer Switches Price by Type (2019-2030)
6 Segment by Application
6.1 Global Transfer Switches Production by Application (2019-2030)
6.1.1 Global Transfer Switches Production by Application (2019-2024)
6.1.2 Global Transfer Switches Production by Application (2025-2030)
6.1.3 Global Transfer Switches Production Market Share by Application (2019-2030)
6.2 Global Transfer Switches Production Value by Application (2019-2030)
6.2.1 Global Transfer Switches Production Value by Application (2019-2024)
6.2.2 Global Transfer Switches Production Value by Application (2025-2030)
6.2.3 Global Transfer Switches Production Value Market Share by Application (2019-2030)
6.3 Global Transfer Switches Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Vertiv
7.1.1 Vertiv Transfer Switches Corporation Information
7.1.2 Vertiv Transfer Switches Product Portfolio
7.1.3 Vertiv Transfer Switches Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Vertiv Main Business and Markets Served
7.1.5 Vertiv Recent Developments/Updates
7.2 GE
7.2.1 GE Transfer Switches Corporation Information
7.2.2 GE Transfer Switches Product Portfolio
7.2.3 GE Transfer Switches Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GE Main Business and Markets Served
7.2.5 GE Recent Developments/Updates
7.3 Eaton
7.3.1 Eaton Transfer Switches Corporation Information
7.3.2 Eaton Transfer Switches Product Portfolio
7.3.3 Eaton Transfer Switches Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Eaton Main Business and Markets Served
7.3.5 Eaton Recent Developments/Updates
7.4 Cummins
7.4.1 Cummins Transfer Switches Corporation Information
7.4.2 Cummins Transfer Switches Product Portfolio
7.4.3 Cummins Transfer Switches Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Cummins Main Business and Markets Served
7.4.5 Cummins Recent Developments/Updates
7.5 KOHLER
7.5.1 KOHLER Transfer Switches Corporation Information
7.5.2 KOHLER Transfer Switches Product Portfolio
7.5.3 KOHLER Transfer Switches Production, Value, Price and Gross Margin (2019-2024)
7.5.4 KOHLER Main Business and Markets Served
7.5.5 KOHLER Recent Developments/Updates
7.6 ABB
7.6.1 ABB Transfer Switches Corporation Information
7.6.2 ABB Transfer Switches Product Portfolio
7.6.3 ABB Transfer Switches Production, Value, Price and Gross Margin (2019-2024)
7.6.4 ABB Main Business and Markets Served
7.6.5 ABB Recent Developments/Updates
7.7 Briggs & Stratton
7.7.1 Briggs & Stratton Transfer Switches Corporation Information
7.7.2 Briggs & Stratton Transfer Switches Product Portfolio
7.7.3 Briggs & Stratton Transfer Switches Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Briggs & Stratton Main Business and Markets Served
7.7.5 Briggs & Stratton Recent Developments/Updates
7.8 GENERAC
7.8.1 GENERAC Transfer Switches Corporation Information
7.8.2 GENERAC Transfer Switches Product Portfolio
7.8.3 GENERAC Transfer Switches Production, Value, Price and Gross Margin (2019-2024)
7.8.4 GENERAC Main Business and Markets Served
7.7.5 GENERAC Recent Developments/Updates
7.9 Socomec
7.9.1 Socomec Transfer Switches Corporation Information
7.9.2 Socomec Transfer Switches Product Portfolio
7.9.3 Socomec Transfer Switches Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Socomec Main Business and Markets Served
7.9.5 Socomec Recent Developments/Updates
7.10 Thomson Power Systems
7.10.1 Thomson Power Systems Transfer Switches Corporation Information
7.10.2 Thomson Power Systems Transfer Switches Product Portfolio
7.10.3 Thomson Power Systems Transfer Switches Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Thomson Power Systems Main Business and Markets Served
7.10.5 Thomson Power Systems Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Transfer Switches Industry Chain Analysis
8.2 Transfer Switches Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Transfer Switches Production Mode & Process
8.4 Transfer Switches Sales and Marketing
8.4.1 Transfer Switches Sales Channels
8.4.2 Transfer Switches Distributors
8.5 Transfer Switches Customers
9 Transfer Switches Market Dynamics
9.1 Transfer Switches Industry Trends
9.2 Transfer Switches Market Drivers
9.3 Transfer Switches Market Challenges
9.4 Transfer Switches 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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