North America Transfer Switch Market Size, Share & Industry Trends Analysis Report By End Use (Residential, Industrial, and Commercial), By Type, By Transition Mode (Closed, Open, Soft Load, and Delayed), By Country and Growth Forecast, 2022 – 2028

North America Transfer Switch Market Size, Share & Industry Trends Analysis Report By End Use (Residential, Industrial, and Commercial), By Type, By Transition Mode (Closed, Open, Soft Load, and Delayed), By Country and Growth Forecast, 2022 – 2028

The North America Transfer Switch Market would witness market growth of 6.0% CAGR during the forecast period (2022-2028).

Although it is not linked to the electric utility wires, the generator powers the home's electrical load. To safeguard the generator from overload when powering loads within the home and for safety, as utility employees anticipate the lines to be dead, it is vital to isolate the generator from the distribution system.

After a further defined amount of "cool down" time during which there is no demand on the generator, the transfer switch will instruct the generator to turn off when utility power resumes for a minimum period and transfer the house back to utility power. Users can configure a transfer switch to only power essential circuits or complete electrical (sub)panels. Some transfer switches permit the prioritizing of optional circuits, including those for heating and cooling systems, or load shedding.

In the United States, a range of resources is used to produce electricity. Natural gas, coal, and nuclear energy are the three most popular. Renewable resources like wind and solar are some of the sources that are expanding most quickly. Centralized power facilities produce the majority of the country's electricity. Distributed generation is a range of technologies that produce electricity at or close to where it will be used, such as onsite solar panels, and combined heat and power produce a significantly smaller but increasing amount of the world's electricity.

The US market dominated the North America Transfer Switch Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $459.4 million by 2028. The Canada market is poised to grow at a CAGR of 8.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.8% during (2022 - 2028).

Based on End Use, the market is segmented into Residential, Industrial, and Commercial. Based on Type, the market is segmented into Manual and Automatic. Based on Transition Mode, the market is segmented into Closed, Open, Soft Load, and Delayed. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Schneider Electric SE, ABB Group, General Electric (GE) Co., Generac Holdings, Inc., Cummins, Inc., Caterpillar, Inc., Emerson Electric Co., Eaton Corporation PLC, and Kohler Co.

Scope of the Study

Market Segments covered in the Report:

By End Use

  • Residential
  • Industrial
  • Commercial
By Type
  • Manual
  • Automatic
By Transition Mode
  • Closed
  • Open
  • Soft Load
  • Delayed
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Siemens AG
  • Schneider Electric SE
  • ABB Group
  • General Electric (GE) Co.
  • Generac Holdings, Inc.
  • Cummins, Inc.
  • Caterpillar, Inc.
  • Emerson Electric Co.
  • Eaton Corporation PLC
  • Kohler Co.
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Transfer Switch Market, by End Use
1.4.2 North America Transfer Switch Market, by Type
1.4.3 North America Transfer Switch Market, by Transition Mode
1.4.4 North America Transfer Switch Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. North America Transfer Switch Market by End Use
4.1 North America Residential Market by Country
4.2 North America Industrial Market by Country
4.3 North America Commercial Market by Country
Chapter 5. North America Transfer Switch Market by Type
5.1 North America Manual Market by Country
5.2 North America Automatic Market by Country
Chapter 6. North America Transfer Switch Market by Transition Mode
6.1 North America Closed Market by Country
6.2 North America Open Market by Country
6.3 North America Soft Load Market by Country
6.4 North America Delayed Market by Country
Chapter 7. North America Transfer Switch Market by Country
7.1 US Transfer Switch Market
7.1.1 US Transfer Switch Market by End Use
7.1.2 US Transfer Switch Market by Type
7.1.3 US Transfer Switch Market by Transition Mode
7.2 Canada Transfer Switch Market
7.2.1 Canada Transfer Switch Market by End Use
7.2.2 Canada Transfer Switch Market by Type
7.2.3 Canada Transfer Switch Market by Transition Mode
7.3 Mexico Transfer Switch Market
7.3.1 Mexico Transfer Switch Market by End Use
7.3.2 Mexico Transfer Switch Market by Type
7.3.3 Mexico Transfer Switch Market by Transition Mode
7.4 Rest of North America Transfer Switch Market
7.4.1 Rest of North America Transfer Switch Market by End Use
7.4.2 Rest of North America Transfer Switch Market by Type
7.4.3 Rest of North America Transfer Switch Market by Transition Mode
Chapter 8. Company Profiles
8.1 Siemens AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Schneider Electric SE
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 ABB Group
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 General Electric (GE) Co.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Generac Holdings, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisition and Mergers:
8.6 Cummins, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Acquisition and Mergers:
8.7 Caterpillar, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.8 Emerson Electric Co.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.9 Eaton Corporation PLC
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Research & Development Expense
8.10. Kohler Co.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
8.10.2.2 Geographical Expansions:

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