Market Overview:
The global automatic transfer switches (ATS) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for uninterrupted power supply and rising awareness about energy efficiency. In terms of type, the open transition segment is expected to hold the largest share of the market during the forecast period. This can be attributed to its low cost and easy installation as compared to other types of ATS switches. In terms of application, industrial segment is expected to hold the largest share during the forecast period owing to increased demand for uninterrupted power supply from various industries such as oil & gas, mining, and manufacturing sectors.
Product Definition:
An automatic transfer switch (ATS) is a device that switches power between two sources, such as utility power and a backup generator. It monitors the voltage and frequency of both sources and automatically selects the source with the most stable voltage and frequency to provide power to the load.
Open transition:
Open transition is a process in which the transfer of power from one source to another is not controlled by a automatic mechanism. In other words, it's an uncontrolled change in the transfer of energy or mass from one place to another.
In most cases, open transitions are caused due to changes in temperature or pressure and also due to electrical fluctuations within an equipment that cannot be accounted for by any mechanical device.
Closed transition:
Closed transition is a switching device that has no open circuit between input and output. It can be used in automatic transfer switches to protect the connected devices from damage caused by high voltage.
The major applications of closed transition include power supplies, battery banks, UPS (uninterruptible power supply), and other electronic equipment such as servers, workstations or computers.
Application Insights:
The industrial application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for automatic transfer switches from various industries, such as oil & gas, power generation, petrochemicals, and manufacturing. These products are used in large number across these industries owing to their ability to protect electrical equipment from short circuits or overloads caused by contact with high-voltage electricity supply lines.
The commercial application segment is expected witness significant growth over the forecast period owing to rising construction activities across major economies including China India Australia (CINA) Brazil Mexico Chile Turkey Russia South Africa Spain United Arab Emirates (UAE). This factor will drive product demand in transfer switches market significantly over next seven years especially considering growing need for reliable STS systems within commercial buildings that ensure continuous power supply without any interruptions or faults during emergencies or blackouts.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, registering a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing industrialization and rapid urbanization in the region, which has led to an increase in commercial and residential construction activities. Furthermore, rising demand for electricity in rural areas due to lack of access or limited access network is anticipated to drive the AT switches market over the forecast period.
Europe was valued at USD X million in 2017 owing with its large population coupled with high adoption rate of advanced technologies across various industries including oil & gas sector and manufacturing industry will boost regional growth during the forecast period.
Growth Factors:
- Increasing demand for uninterrupted power supply: The global Automatic Transfer Switches market is expected to grow at a CAGR of 5.5% during the forecast period owing to the increasing demand for uninterrupted power supply from various end-use industries such as telecom, IT & ITeS, healthcare, and manufacturing.
- Growing investments in data centers: The growth of the data center industry is expected to drive the Automatic Transfer Switches market during the forecast period. Data centers are increasingly becoming critical infrastructure for businesses and governments due to rising volumes of digital data being generated every day. This is resulting in an increase in investments in data center infrastructure by organizations worldwide, which is subsequently driving the demand for Automatic Transfer Switches products and services.
- Proliferation of smart grids: Smart grids are electric power networks that use information and communication technologies (ICT) to improve operational efficiency, security, reliability, and sustainability of electricity supply systems. They enable two-way communication between utilities and consumers so that energy usage can be monitored and controlled in real time thus reducing wastage or overconsumption of energy resources .The proliferation of smart grids across developed as well as developing countries is expected to create opportunities for Automatic Transfer Switches manufacturers during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Transfer Switches Market Research Report
By Type
Open transition, Closed transition, Static transfer switch (STS), Others
By Application
Industrial, Commercial, Residential
By Companies
GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, Vertiv, GENERAC, Socomec, Thomson Power Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Transfer Switches Market Report Segments:
The global Automatic Transfer Switches market is segmented on the basis of:
Types
Open transition, Closed transition, Static transfer switch (STS), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- Eaton
- Cummins
- KOHLER
- ABB
- Briggs & Stratton
- Vertiv
- GENERAC
- Socomec
- Thomson Power Systems
Highlights of The Automatic Transfer Switches Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Open transition
- Closed transition
- Static transfer switch (STS)
- Others
- By Application:
- Industrial
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Transfer Switches Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automatic transfer switch is a device that automatically transfers power from one electrical source to another when the first source becomes unavailable. This can be helpful in situations where there is a power outage, or when one electrical outlet can't handle the load of multiple appliances.
Some of the major players in the automatic transfer switches market are GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, Vertiv, GENERAC, Socomec, Thomson Power Systems.
The automatic transfer switches market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Transfer Switches Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automatic Transfer Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automatic Transfer Switches Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automatic Transfer Switches Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automatic Transfer Switches Market Size & Forecast, 2020-2028
4.5.1 Automatic Transfer Switches Market Size and Y-o-Y Growth
4.5.2 Automatic Transfer Switches Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Open transition
5.2.2 Closed transition
5.2.3 Static transfer switch (STS)
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Transfer Switches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Transfer Switches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Open transition
9.6.2 Closed transition
9.6.3 Static transfer switch (STS)
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Open transition
10.6.2 Closed transition
10.6.3 Static transfer switch (STS)
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Open transition
11.6.2 Closed transition
11.6.3 Static transfer switch (STS)
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Open transition
12.6.2 Closed transition
12.6.3 Static transfer switch (STS)
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Open transition
13.6.2 Closed transition
13.6.3 Static transfer switch (STS)
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Transfer Switches Market: Competitive Dashboard
14.2 Global Automatic Transfer Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Eaton
14.3.3 Cummins
14.3.4 KOHLER
14.3.5 ABB
14.3.6 Briggs & Stratton
14.3.7 Vertiv
14.3.8 GENERAC
14.3.9 Socomec
14.3.10 Thomson Power Systems
