For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
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).
Scope of the Report:
Sudden brownouts and voltage fluctuation, outages, blackouts, and uncertain weather conditions have led to the increase in demand for transfer switch in the market. The growing dependence on power and critical application in industries, commercial institutions, healthcare, transportation, and households is the driving factor for transfer switch market.
The Asia-Pacific transfer switch market held the largest market share in 2016. The market in China accounts the Second share in this region. Rapid industrialization is driving the market growth in this country. Also, some of the world's largest transfer switch manufacturers are present in China.
The need for the installation of transfer switch is more seen in the industrial sector as most of the industrial end users rely on continuous power. The sector comprises mainly power rental companies, utilities, telecom & IT (datacenters) and construction & manufacturing, mining industries, oil & gas, automotive, & pharmaceuticals industries. In terms of value, the industrial segment accounted for the largest share in the global transfer switch market, followed by commercial and residential.
The worldwide market for Transfer Switches is expected to grow at a CAGR of roughly 5.8% over the next five years, will reach 1100 million US$ in 2024, from 780 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Transfer Switches in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Vertiv
- GE
- Eaton
- Cummins
- KOHLER
- ABB
- Briggs & Stratton
- GENERAC
- Socomec
- Thomson Power Systems
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Automatic Transfer Switches
- Manual Transfer Switches
Market Segment by Applications, can be divided into
- Industrial
- Commercial
- Residential
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Transfer Switches product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Transfer Switches, with price, sales, revenue and global market share of Transfer Switches in 2017 and 2018.
Chapter 3, the Transfer Switches competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Transfer Switches breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Transfer Switches market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Transfer Switches sales channel, distributors, customers, research findings and conclusion, appendix and data source.