Global Transfer Switches Market Research Report 2023(Status and Outlook)
Report Overview
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 Size was estimated at USD 1052.10 million in 2022 and is projected to reach USD 1581.97 million by 2029, exhibiting a CAGR of 6.00% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Transfer Switches market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Transfer Switches Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Transfer Switches market in any manner.
Global Transfer Switches Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Vertiv
GE
Eaton
Cummins
KOHLER
ABB
Briggs & Stratton
GENERAC
Socomec
Thomson Power Systems
Market Segmentation (by Type)
Automatic Transfer Switches
Manual Transfer Switches
Market Segmentation (by Application)
Transportation
Aviation and Military
Building and Construction
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Transfer Switches Market
Overview of the regional outlook of the Transfer Switches Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Transfer Switches
- 1.2 Key Market Segments
- 1.2.1 Transfer Switches Segment by Type
- 1.2.2 Transfer Switches Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Transfer Switches Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Transfer Switches Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Transfer Switches Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Transfer Switches Market Competitive Landscape
- 3.1 Global Transfer Switches Sales by Manufacturers (2018-2023)
- 3.2 Global Transfer Switches Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Transfer Switches Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Transfer Switches Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Transfer Switches Sales Sites, Area Served, Product Type
- 3.6 Transfer Switches Market Competitive Situation and Trends
- 3.6.1 Transfer Switches Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Transfer Switches Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Transfer Switches Industry Chain Analysis
- 4.1 Transfer Switches Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Transfer Switches Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Transfer Switches Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Transfer Switches Sales Market Share by Type (2018-2023)
- 6.3 Global Transfer Switches Market Size Market Share by Type (2018-2023)
- 6.4 Global Transfer Switches Price by Type (2018-2023)
- 7 Transfer Switches Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Transfer Switches Market Sales by Application (2018-2023)
- 7.3 Global Transfer Switches Market Size (M USD) by Application (2018-2023)
- 7.4 Global Transfer Switches Sales Growth Rate by Application (2018-2023)
- 8 Transfer Switches Market Segmentation by Region
- 8.1 Global Transfer Switches Sales by Region
- 8.1.1 Global Transfer Switches Sales by Region
- 8.1.2 Global Transfer Switches Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Transfer Switches Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Transfer Switches Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Transfer Switches Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Transfer Switches Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Transfer Switches Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Vertiv
- 9.1.1 Vertiv Transfer Switches Basic Information
- 9.1.2 Vertiv Transfer Switches Product Overview
- 9.1.3 Vertiv Transfer Switches Product Market Performance
- 9.1.4 Vertiv Business Overview
- 9.1.5 Vertiv Transfer Switches SWOT Analysis
- 9.1.6 Vertiv Recent Developments
- 9.2 GE
- 9.2.1 GE Transfer Switches Basic Information
- 9.2.2 GE Transfer Switches Product Overview
- 9.2.3 GE Transfer Switches Product Market Performance
- 9.2.4 GE Business Overview
- 9.2.5 GE Transfer Switches SWOT Analysis
- 9.2.6 GE Recent Developments
- 9.3 Eaton
- 9.3.1 Eaton Transfer Switches Basic Information
- 9.3.2 Eaton Transfer Switches Product Overview
- 9.3.3 Eaton Transfer Switches Product Market Performance
- 9.3.4 Eaton Business Overview
- 9.3.5 Eaton Transfer Switches SWOT Analysis
- 9.3.6 Eaton Recent Developments
- 9.4 Cummins
- 9.4.1 Cummins Transfer Switches Basic Information
- 9.4.2 Cummins Transfer Switches Product Overview
- 9.4.3 Cummins Transfer Switches Product Market Performance
- 9.4.4 Cummins Business Overview
- 9.4.5 Cummins Transfer Switches SWOT Analysis
- 9.4.6 Cummins Recent Developments
- 9.5 KOHLER
- 9.5.1 KOHLER Transfer Switches Basic Information
- 9.5.2 KOHLER Transfer Switches Product Overview
- 9.5.3 KOHLER Transfer Switches Product Market Performance
- 9.5.4 KOHLER Business Overview
- 9.5.5 KOHLER Transfer Switches SWOT Analysis
- 9.5.6 KOHLER Recent Developments
- 9.6 ABB
- 9.6.1 ABB Transfer Switches Basic Information
- 9.6.2 ABB Transfer Switches Product Overview
- 9.6.3 ABB Transfer Switches Product Market Performance
- 9.6.4 ABB Business Overview
- 9.6.5 ABB Recent Developments
- 9.7 Briggs andamp; Stratton
- 9.7.1 Briggs andamp; Stratton Transfer Switches Basic Information
- 9.7.2 Briggs andamp; Stratton Transfer Switches Product Overview
- 9.7.3 Briggs andamp; Stratton Transfer Switches Product Market Performance
- 9.7.4 Briggs andamp; Stratton Business Overview
- 9.7.5 Briggs andamp; Stratton Recent Developments
- 9.8 GENERAC
- 9.8.1 GENERAC Transfer Switches Basic Information
- 9.8.2 GENERAC Transfer Switches Product Overview
- 9.8.3 GENERAC Transfer Switches Product Market Performance
- 9.8.4 GENERAC Business Overview
- 9.8.5 GENERAC Recent Developments
- 9.9 Socomec
- 9.9.1 Socomec Transfer Switches Basic Information
- 9.9.2 Socomec Transfer Switches Product Overview
- 9.9.3 Socomec Transfer Switches Product Market Performance
- 9.9.4 Socomec Business Overview
- 9.9.5 Socomec Recent Developments
- 9.10 Thomson Power Systems
- 9.10.1 Thomson Power Systems Transfer Switches Basic Information
- 9.10.2 Thomson Power Systems Transfer Switches Product Overview
- 9.10.3 Thomson Power Systems Transfer Switches Product Market Performance
- 9.10.4 Thomson Power Systems Business Overview
- 9.10.5 Thomson Power Systems Recent Developments
- 10 Transfer Switches Market Forecast by Region
- 10.1 Global Transfer Switches Market Size Forecast
- 10.2 Global Transfer Switches Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Transfer Switches Market Size Forecast by Country
- 10.2.3 Asia Pacific Transfer Switches Market Size Forecast by Region
- 10.2.4 South America Transfer Switches Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Transfer Switches by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Transfer Switches Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Transfer Switches by Type (2024-2029)
- 11.1.2 Global Transfer Switches Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Transfer Switches by Type (2024-2029)
- 11.2 Global Transfer Switches Market Forecast by Application (2024-2029)
- 11.2.1 Global Transfer Switches Sales (K Units) Forecast by Application
- 11.2.2 Global Transfer Switches Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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