Allied Market Research
Loading...
Cart
0
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Allied Market Research

Transfer Switch Market By Type (Automatic Transfer Switch and Manual Transfer Switch), Transitions Mode (Closed, Open, Soft Load, and Delayed), Ampere Rating (0-300A, 301A-1.6kA, and 1.6kA-4kA), Application (Critical Operation Power Systems, Emergency Systems, Optional Standby Systems, and Legally Required Systems), and End User (Commercial, Industrial, and Residential): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09512
Pages: NA
Jan 2021 | 115 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Transfer Switch Market

Request Now !

Transfer Switch Market Outlook – 2027 

The global transfer switch market is experiencing a significant growth, and is expected to grow considerably in the next few years. Transfer switch is an electrical equipment that switches load between two sources. These sources are power sources which include generator and utility sources. These switches are of two types either automatic or manual. These switches help in constant power supply when power cut as they provide abrupt shift among power sources. 

Thus, they find their applications in emergency systems, critical operations power systems, optional standby systems, and legally required systems in industries such as commercial and residential. Innovations in the smart grid technology will pave the way for better and improved market. 

The global transfer switch market is segmented on the basis of type, transitions mode, ampere rating, application, end user, and region. Based on type, the transfer switch market is bifurcated into automatic transfer switch and manual transfer switch. In terms of transitions mode, the market is categorized into closed, open, soft load, and delayed. On the basis of ampere rating, the market is divided into 0-300A, 301A-1.6kA, and 1.6kA-4kA. 

In terms of application, the market is categorized into critical operation power systems, emergency systems, optional standby systems, and legally required systems. On the basis of end user, the market is segregated into commercial, industrial, and residential. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global transfer switch industry include ABB Ltd., Marathon Thomson Power Systems, Cummins Inc., Eaton Corporation PLC, Emerson Electric Company, Generac Power Systems, General Electric, Kohler power, DynaGen, Siemens, and Others. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global market. 

Top Impacting Factors 

The major driving factors for the growth of the market are increasing demand for steady and continuous power supply. The other growth factors are rising investments towards industrial expansion, integration of advanced switching technologies and rising demand for sustainable electrical network. But lack of awareness and implementation regarding transfer switches in developing countries and regular maintenance of transfer switch may hinder the market growth. However, increasing acceptance of smart grid technologies, increasing urbanization and rapid industrialization will drive the market further. 

New Product Launches to Flourish the Market

A new line of power series ‘transfer switches’ was launched by Generac Power Systems in 2015. These switches were suitable for single-engine diesel generators which range from 750kW to 2MW. It has capabilities up to 5000 A and also includes 14 different platforms. It also has features which are essential in mission critical applications such as open and delayed transition, short time ratings and others. Thus, this product flourished the market because it provided higher flexibility, reliability and safety from paralleling two sources of power. 

Surge in Usage in Power and Transmission Industries

Transfer switches are the devices which enable switching between various power sources which are mainly backup generators. It provides assurance, convenience and hassle free continuous and switching power supply to various industries. Thus, their surge is influenced and dependent on power & transmission industry. 

However, as there is increase in the demand for power by many industries, it has led to surge in the demand and usage of transfer switches in these industries. Also, the outages, uncertain weather conditions, voltage fluctuations and blackouts which lead to ceasing of various processes or production activities has led to increase in usage of Transfer Switches in industries.

Key Benefits of the Report

  • This study presents the analytical depiction of the global transfer switch market forecast along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global transfer switch market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global transfer switch market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global transfer switch market analysis based on competitive intensity and how the competition will take shape in coming years. 

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available For Years

2019-2027

Base Year Considered

2019

Forecast Period

2020-2027

Forecast Units

Value (USD)

Segments Covered

Type, Transitions Mode, Ampere Rating, Application, End User, and Region

Regions Covered

North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and Rest of Asia-Pacific), and LAMEA (Latin America, and Middle East, and Africa)  

Companies Covered

ABB Ltd., Marathon Thomson Power Systems, Cummins Inc., Eaton Corporation PLC, Emerson Electric Company, Generac Power Systems, General Electric, Kohler power, DynaGen, Siemens, and Others

 

COVID-19 Scenario Analysis 

  • Global transfer switch market has been significantly impacted by the COVID-19 outbreak. New projects throughout the world have stalled, which, in turn, have led to decline in demand for analog semiconductors. 
  • Global factories have struggled to integrate new transfer switches as workers have stayed in their homes, which disrupted the global supply chains. 
  • The impact of COVID-19 on this market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for transfer switches are gradually going to increase.  
  • This COVID-19 lockdown would help companies think about more advanced transfer switches to enhance efficiency.

Transfer Switch Market Key Segments

Segments

Sub-Segments

Type

  • Automatic Transfer Switch
  • Manual Transfer Switch

Transitions Mode

  • Closed
  • Open
  • Soft Load
  • Delayed

Ampere Rating

  • 0-300A
  • 301A-1.6kA
  • 1.6kA-4kA

Application

  • Critical Operation Power Systems
  • Emergency Systems
  • Optional Standby Systems
  • Legally Required Systems

End User

  • Commercial
  • Industrial
  • Residential

 

Questions Answered in the Transfer Switch Market Research Report

  • Which are the leading market players active in the transfer switch market?
  • What would be the detailed impact of COVID-19 on the transfer switch market size?
  • How current transfer switch market trends would influence the industry in the next few years?
  • What are the driving factors, restraints, and opportunities in the global market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Transfer Switch Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers