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Global Transfer Switch Market, Forecast to 2025
Grid Instability and Growth of Critical End-use Applications to Sustain Market Growth
06-Jun-2019
Global
Market Research
K302-01-00-00-00
EG01985-NA-MR_23220
$4,950.00
Special Price $3,712.50 save 25 %
The transfer switch (TS) is an electrical device that allows smooth and reliable transfer of electrical power between the primary utility and a secondary or backup power source, allowing critical loads to continue running with minimal or no outage. Continued growth in power demand from industrial, commercial and residential sectors coupled with power quality issues bolster the growth of backup or emergency power systems and consequently create demand for TS equipment. TS equipment are essential in critical power applications such as healthcare and datacenters, where even momentary loss of power can cause financial loss or even endanger human life. Increasing integration of renewable energy sources into the energy mix as well as deployment of smart grid networks across all geographic regions drive the growth of the Global TS market.
North America generates a large portion of the global demand for TS equipment with APAC being the fastest growing region. Grid up-gradation efforts as well as widespread and heavily enforced codes mandating the use of TS equipment in backup and emergency power applications drive the growth of the North American market. Favorable government initiatives supporting the integration of renewables into the energy mix as well as development of smart grid and rural electrification networks in the APAC region bolster the growth of the TS industry.
By-pass Isolation and service entrance type ATS as well as delayed transition ATS are experiencing augmented uptake in commercial and industrial verticals as a result of increased functionality and operational safety requirements. The long product life along with the sturdiness and durability of TS equipment retard market growth by prolonging time for next purchase. Majority of manufacturers produce TS equipment with similar features and functionalities. This lack of product differentiation leads to the market becoming highly price sensitive which ultimately retards total market growth. Manufacturers should focus on developing quality devices that have advanced features and performance capabilities in order to meet evolving end-user needs and stand out from competing companies. Advanced features and functionalities also encourage end-users to replace their older models with newer equipment.
The TS market comprises of TS equipment manufacturers as well as multinational generator set manufacturers and global power management companies. Generator set manufacturers who have well-established, global distribution channels market their generator sets and TS as complete integrated solutions are posed to experience lucrative growth opportunities. Meanwhile, key market players in the generator set and power quality equipment market are consolidating with TS manufacturers to utilize existing technical expertise and market presence to enhance their product portfolio and global presence.
Key Findings
Market Engineering Measurements
Market Engineering Measurements (continued)
CEO’s Perspective
Market Definitions
Market Definitions (continued)
Market Definitions (continued)
Market Definitions (continued)
Industry Standards
Key Questions this Study will Answer
Market Segmentation by Operation Mode
Market Segmentation by Application Segments
TS Market—Regional Highlights
Market Distribution Channels
Market Distribution Channels (continued)
Segment Lifecycle
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
Forecast Assumptions
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Global Hot Spots
Revenue Forecast Discussion by Region
Percent Revenue Forecast by Application Segment
Revenue Forecast by Application Segment
Revenue Forecast Discussion by Application Segment
Revenue Forecast Discussion by Application Segment (continued)
Percent Revenue Forecast by Operation Mode
Revenue Forecast by Operation Mode
Revenue Forecast Discussion by Operation Mode
Market Share
Market Share Analysis
Market Share Analysis (continued)
Competitive Environment
Competitive Factors and Assessment
Tier of Market Participants
Growth Opportunity 1—Technological Innovation
Growth Opportunity 2—Mergers and Acquisitions
Strategic Imperatives for Success and Growth
ATS Segment—Key Findings
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by ATS Product Type
Revenue Forecast by ATS Product Type
Revenue Forecast Discussion by ATS Product Type
Percent Revenue Forecast by ATS Transition Mode
Revenue Forecast by ATS Transition Mode
Revenue Forecast Discussion by ATS Transition Mode
Revenue Forecast Discussion by ATS Transition Mode (continued)
Percent Revenue Forecast by ATS Switching Mechanism
Revenue Forecast by ATS Switching Mechanism
Revenue Forecast Discussion by ATS Switching Mechanism
Percent Revenue Forecast by ATS Amperage
Revenue Forecast by ATS Amperage
Revenue Forecast Discussion by ATS Amperage
MTS Segment—Key Findings
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
Industrial Segment—Key Findings
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
Commercial Segment—Key Findings
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
Residential Segment—Key Findings
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
North America Breakdown
Revenue Forecast—North America
Revenue Forecast Discussion—North America
APAC Breakdown
Revenue Forecast—APAC
Revenue Forecast Discussion—APAC
Europe Breakdown
Revenue Forecast—Europe
Revenue Forecast Discussion—Europe
RoW Breakdown
Revenue Forecast—RoW
Revenue Forecast Discussion—RoW
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
List of Companies in “Others”
List of Companies in “Others” (continued)
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
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| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Sama Suwal |
| Industries | Energy |
| WIP Number | K302-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9AFF-A4,9B00-A4 |