Global Static Transfer Switch (STS) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Static Transfer Switch (STS) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A static transfer switch uses power semiconductors such as Silicon-controlled rectifiers (SCRs) to transfer a load between two sources. Because there are no mechanical moving parts, the transfer can be completed rapidly, perhaps within a quarter-cycle of the power frequency.

According to our (Global Info Research) latest study, the global Static Transfer Switch (STS) market size was valued at US$ 764 million in 2023 and is forecast to a readjusted size of USD 1231 million by 2030 with a CAGR of 7.1% during review period.

ABB was the global largest manufacturer in the Static Transfer Switch market, accounted for maximal market share of 17% in the global market, followed by Eaton, Schneider Electric, DELTA, L3Harris Technologies, Vertiv Group, Piller Group, Socomec Group, Inform UPS, Mitsubishi Electric, AEG Power Solutions, LayerZero Power Systems, Power Distribution, and Godgoal. Top 5 companies took up a combined market share of 61% of the world total. North America held the largest market share close to 37%, followed by Europe of 34.03% in 2018. Rapid industrialization is driving the market growth of this industry.

This report is a detailed and comprehensive analysis for global Static Transfer Switch (STS) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Static Transfer Switch (STS) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Static Transfer Switch (STS) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Static Transfer Switch (STS) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Static Transfer Switch (STS) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Static Transfer Switch (STS)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Static Transfer Switch (STS) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Eaton, Schneider Electric, DELTA, L3Harris Technologies, Vertiv Group, Piller Group, Socomec Group, Inform UPS, Mitsubishi Electric, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Static Transfer Switch (STS) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Single-phase
Three-phases

Market segment by Application
Industrial
Commercial
Residential

Major players covered
ABB
Eaton
Schneider Electric
DELTA
L3Harris Technologies
Vertiv Group
Piller Group
Socomec Group
Inform UPS
Mitsubishi Electric
AEG Power Solutions
LayerZero Power Systems
Power Distribution
Godgoal

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Static Transfer Switch (STS) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Static Transfer Switch (STS), with price, sales quantity, revenue, and global market share of Static Transfer Switch (STS) from 2019 to 2024.

Chapter 3, the Static Transfer Switch (STS) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Static Transfer Switch (STS) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Static Transfer Switch (STS) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Static Transfer Switch (STS).

Chapter 14 and 15, to describe Static Transfer Switch (STS) sales channel, distributors, customers, research findings and conclusion.