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Transfer Switch-Global Market Insights and Sales Trends 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 size is expected to reach US$ 1267.1 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Transfer Switch in various end use industries. The expanding demands from the Industrial, Commercial and Residential,, are propelling Transfer Switch market. Automatic, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Manual segment is estimated at % CAGR for the next seven-year period.
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
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Transfer Switch, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Transfer Switch market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Transfer Switch market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Transfer Switch sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Transfer Switch covered in this report include ABB, General Electric, Emerson, Socomec, Cummins, Schneider Elect, Eaton, Siemens and Eltek, etc.
The global Transfer Switch market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
General Electric
Emerson
Socomec
Cummins
Schneider Elect
Eaton
Siemens
Eltek
Generac
Russelectric
Caterpillar
Kohler
Camsco
Marathon Thomson Power System
Global Transfer Switch market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Transfer Switch market, Segment by Type:
Automatic
Manual
Global Transfer Switch market, by Application
Industrial
Commercial
Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Transfer Switch manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Transfer Switch in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 size is expected to reach US$ 1267.1 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Transfer Switch in various end use industries. The expanding demands from the Industrial, Commercial and Residential,, are propelling Transfer Switch market. Automatic, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Manual segment is estimated at % CAGR for the next seven-year period.
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
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Transfer Switch, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Transfer Switch market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Transfer Switch market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Transfer Switch sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Transfer Switch covered in this report include ABB, General Electric, Emerson, Socomec, Cummins, Schneider Elect, Eaton, Siemens and Eltek, etc.
The global Transfer Switch market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
General Electric
Emerson
Socomec
Cummins
Schneider Elect
Eaton
Siemens
Eltek
Generac
Russelectric
Caterpillar
Kohler
Camsco
Marathon Thomson Power System
Global Transfer Switch market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Transfer Switch market, Segment by Type:
Automatic
Manual
Global Transfer Switch market, by Application
Industrial
Commercial
Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Transfer Switch manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Transfer Switch in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Transfer Switch Market Overview
1.1 Transfer Switch Product Overview
1.2 Transfer Switch Market Segment by Type
1.2.1 Automatic
1.2.2 Manual
1.3 Global Transfer Switch Market Size by Type
1.3.1 Global Transfer Switch Market Size Overview by Type (2018-2029)
1.3.2 Global Transfer Switch Historic Market Size Review by Type (2018-2023)
1.3.3 Global Transfer Switch Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Transfer Switch Sales Breakdown by Type (2018-2023)
1.4.2 Europe Transfer Switch Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Transfer Switch Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Transfer Switch Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Transfer Switch Sales Breakdown by Type (2018-2023)
2 Global Transfer Switch Market Competition by Company
2.1 Global Top Players by Transfer Switch Sales (2018-2023)
2.2 Global Top Players by Transfer Switch Revenue (2018-2023)
2.3 Global Top Players by Transfer Switch Price (2018-2023)
2.4 Global Top Manufacturers Transfer Switch Manufacturing Base Distribution, Sales Area, Product Type
2.5 Transfer Switch Market Competitive Situation and Trends
2.5.1 Transfer Switch Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Transfer Switch Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Transfer Switch as of 2022)
2.7 Date of Key Manufacturers Enter into Transfer Switch Market
2.8 Key Manufacturers Transfer Switch Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Transfer Switch Status and Outlook by Region
3.1 Global Transfer Switch Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Transfer Switch Historic Market Size by Region
3.2.1 Global Transfer Switch Sales in Volume by Region (2018-2023)
3.2.2 Global Transfer Switch Sales in Value by Region (2018-2023)
3.2.3 Global Transfer Switch Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Transfer Switch Forecasted Market Size by Region
3.3.1 Global Transfer Switch Sales in Volume by Region (2024-2029)
3.3.2 Global Transfer Switch Sales in Value by Region (2024-2029)
3.3.3 Global Transfer Switch Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Transfer Switch by Application
4.1 Transfer Switch Market Segment by Application
4.1.1 Industrial
4.1.2 Commercial
4.1.3 Residential
4.2 Global Transfer Switch Market Size by Application
4.2.1 Global Transfer Switch Market Size Overview by Application (2018-2029)
4.2.2 Global Transfer Switch Historic Market Size Review by Application (2018-2023)
4.2.3 Global Transfer Switch Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Transfer Switch Sales Breakdown by Application (2018-2023)
4.3.2 Europe Transfer Switch Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Transfer Switch Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Transfer Switch Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Transfer Switch Sales Breakdown by Application (2018-2023)
5 North America Transfer Switch by Country
5.1 North America Transfer Switch Historic Market Size by Country
5.1.1 North America Transfer Switch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Transfer Switch Sales in Volume by Country (2018-2023)
5.1.3 North America Transfer Switch Sales in Value by Country (2018-2023)
5.2 North America Transfer Switch Forecasted Market Size by Country
5.2.1 North America Transfer Switch Sales in Volume by Country (2024-2029)
5.2.2 North America Transfer Switch Sales in Value by Country (2024-2029)
6 Europe Transfer Switch by Country
6.1 Europe Transfer Switch Historic Market Size by Country
6.1.1 Europe Transfer Switch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Transfer Switch Sales in Volume by Country (2018-2023)
6.1.3 Europe Transfer Switch Sales in Value by Country (2018-2023)
6.2 Europe Transfer Switch Forecasted Market Size by Country
6.2.1 Europe Transfer Switch Sales in Volume by Country (2024-2029)
6.2.2 Europe Transfer Switch Sales in Value by Country (2024-2029)
7 Asia-Pacific Transfer Switch by Region
7.1 Asia-Pacific Transfer Switch Historic Market Size by Region
7.1.1 Asia-Pacific Transfer Switch Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Transfer Switch Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Transfer Switch Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Transfer Switch Forecasted Market Size by Region
7.2.1 Asia-Pacific Transfer Switch Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Transfer Switch Sales in Value by Region (2024-2029)
8 Latin America Transfer Switch by Country
8.1 Latin America Transfer Switch Historic Market Size by Country
8.1.1 Latin America Transfer Switch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Transfer Switch Sales in Volume by Country (2018-2023)
8.1.3 Latin America Transfer Switch Sales in Value by Country (2018-2023)
8.2 Latin America Transfer Switch Forecasted Market Size by Country
8.2.1 Latin America Transfer Switch Sales in Volume by Country (2024-2029)
8.2.2 Latin America Transfer Switch Sales in Value by Country (2024-2029)
9 Middle East and Africa Transfer Switch by Country
9.1 Middle East and Africa Transfer Switch Historic Market Size by Country
9.1.1 Middle East and Africa Transfer Switch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Transfer Switch Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Transfer Switch Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Transfer Switch Forecasted Market Size by Country
9.2.1 Middle East and Africa Transfer Switch Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Transfer Switch Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Transfer Switch Products Offered
10.1.5 ABB Recent Development
10.2 General Electric
10.2.1 General Electric Company Information
10.2.2 General Electric Introduction and Business Overview
10.2.3 General Electric Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.2.4 General Electric Transfer Switch Products Offered
10.2.5 General Electric Recent Development
10.3 Emerson
10.3.1 Emerson Company Information
10.3.2 Emerson Introduction and Business Overview
10.3.3 Emerson Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Emerson Transfer Switch Products Offered
10.3.5 Emerson Recent Development
10.4 Socomec
10.4.1 Socomec Company Information
10.4.2 Socomec Introduction and Business Overview
10.4.3 Socomec Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Socomec Transfer Switch Products Offered
10.4.5 Socomec Recent Development
10.5 Cummins
10.5.1 Cummins Company Information
10.5.2 Cummins Introduction and Business Overview
10.5.3 Cummins Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Cummins Transfer Switch Products Offered
10.5.5 Cummins Recent Development
10.6 Schneider Elect
10.6.1 Schneider Elect Company Information
10.6.2 Schneider Elect Introduction and Business Overview
10.6.3 Schneider Elect Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Schneider Elect Transfer Switch Products Offered
10.6.5 Schneider Elect Recent Development
10.7 Eaton
10.7.1 Eaton Company Information
10.7.2 Eaton Introduction and Business Overview
10.7.3 Eaton Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Eaton Transfer Switch Products Offered
10.7.5 Eaton Recent Development
10.8 Siemens
10.8.1 Siemens Company Information
10.8.2 Siemens Introduction and Business Overview
10.8.3 Siemens Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Siemens Transfer Switch Products Offered
10.8.5 Siemens Recent Development
10.9 Eltek
10.9.1 Eltek Company Information
10.9.2 Eltek Introduction and Business Overview
10.9.3 Eltek Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Eltek Transfer Switch Products Offered
10.9.5 Eltek Recent Development
10.10 Generac
10.10.1 Generac Company Information
10.10.2 Generac Introduction and Business Overview
10.10.3 Generac Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Generac Transfer Switch Products Offered
10.10.5 Generac Recent Development
10.11 Russelectric
10.11.1 Russelectric Company Information
10.11.2 Russelectric Introduction and Business Overview
10.11.3 Russelectric Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Russelectric Transfer Switch Products Offered
10.11.5 Russelectric Recent Development
10.12 Caterpillar
10.12.1 Caterpillar Company Information
10.12.2 Caterpillar Introduction and Business Overview
10.12.3 Caterpillar Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Caterpillar Transfer Switch Products Offered
10.12.5 Caterpillar Recent Development
10.13 Kohler
10.13.1 Kohler Company Information
10.13.2 Kohler Introduction and Business Overview
10.13.3 Kohler Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Kohler Transfer Switch Products Offered
10.13.5 Kohler Recent Development
10.14 Camsco
10.14.1 Camsco Company Information
10.14.2 Camsco Introduction and Business Overview
10.14.3 Camsco Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Camsco Transfer Switch Products Offered
10.14.5 Camsco Recent Development
10.15 Marathon Thomson Power System
10.15.1 Marathon Thomson Power System Company Information
10.15.2 Marathon Thomson Power System Introduction and Business Overview
10.15.3 Marathon Thomson Power System Transfer Switch Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Marathon Thomson Power System Transfer Switch Products Offered
10.15.5 Marathon Thomson Power System Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Transfer Switch Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Transfer Switch Industrial Chain Analysis
11.4 Transfer Switch Market Dynamics
11.4.1 Transfer Switch Industry Trends
11.4.2 Transfer Switch Market Drivers
11.4.3 Transfer Switch Market Challenges
11.4.4 Transfer Switch Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Transfer Switch Distributors
12.3 Transfer Switch Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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