Transfer Switch Market - Global Industry Perspective, Comprehensive Analysis and Forecast 2015-2021

Choose License

Report Code: ZMR-24 | Report Format : | Status : Upcoming |

Abstract

Transfer switch is an electrical device that switches load among two power sources including generator and utility power. Transfer switches are either manual or automatic. These switches supply immediate transition between two or more power sources that helps in continuous power supply when power goes off. Transfer switch has many end user applications in residential and industrial sectors.

Rising demand for continuous and steady power supply drives the growth of transfer switch market. Increasing acceptance of smart grid technology in the developed regions also contributes to the growth of transfer switch market. However, lack of implementation and awareness regarding use of transfer switch in developing countries may hinder the market expansion. Moreover, regular maintenance of transfer switch is a major challenge for the transfer switch market. Nevertheless, rapid industrialization and increasing urbanization is expected to provide impetus growth for transfer switch market in the near future.

The report provides a comprehensive view on the transfer switch market we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the transfer switch market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness. The report also analyzes several driving and restraining factors and their impact on the transfer switch market during the forecast period.

Based on type the transfer switch market is segment as manual and automatic transfer switch. Automatic transfer switch market dominated the transfer switch market owing to continuously observe the supply power and instantly switches when it sense lack or variation in power. Transfer switches are available in different ampere range such as below 300A, in between 300A to 1600A and higher than 1600A. On the basis of transition mode the transfer switch market can be segmented as open, closed, delayed and soft load transition made. Number of applications in transfer switch market includes residential, commercial and industrial. Industrial segment emerged as potential segment due to high end user applications for transfer switch.

Geographically, transfer switch market segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Asia Pacific accounted for the highest share of overall market owing to rapidly developing trend in industrial and commercial sectors.

Marathon Thomson Power System, Eaton Corporation PLC, Cummins Inc., ABB Ltd., Generac Power Systems, Emerson Electric Company, Kohler Power and General Electric among others are some of the key players in the transfer switch market. 

The report segments of the transfer switch market into:

Transfer switch Market: Type Segment Analysis

  • Manual Transfer Switch
  • Automatic Transfer Switch

Transfer switch Market: Ampere based Segment Analysis

  • Low (less than 300A)
  • Medium (300A-1600A)
  • High (more than 1600A)

Transfer switch Market: Transition Mode Segment Analysis

  • Open Transition Mode
  • Closed Transition Mode
  • Soft Load Transition Mode
  • Delayed Transition Mode

Transfer switch Market: Application Segment Analysis

  • Residential
  • Commercial
  • Industrial

Transfer switch Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

Related Reports

Nanophotonics Market by Product (LED, OLED, NFO, Photovoltaic Cells, Optical Amplifier, Optical Switches, Holographic Data Storage System and Others) for Consumer Electronics, Material Science, Non Visible Wavelength Instruments, Non Visual Applications, Indicators and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016-2022

Feb-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2615 | Report Format:

The report covers forecast and analysis for the nanophotonics market on a global and regional level. The study provides historic data of 2014-2016 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study includes drivers and restraints for the nanophotonics market along wi...Read More

Home Automation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2582 | Report Format:

Global Home Automation Market: Overview The rising requirement for functions such as the exceptional experience provided by smart home automation and convenience of remote operation is expected to boost the global home automation market. This industry is anticipated to see an elevation in share ...Read More

Solar Street Lighting Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2580 | Report Format:

Solar Street Lighting Market: Overview One type of lighting mechanism that excludes the regular power supply of electricity and functions completely on the solar energy is termed as solar lighting systems. Thus, its application can be broadly classified, one of the top and highest demand applica...Read More

Mobile TV Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2579 | Report Format:

Global Mobile TV Market: Overview A mobile TV is a TV that is accessible on mobile devices like tablets or smartphones. Mobile TV provides both pay TV and free-to-air TV services. Pay TV is provided through a provider of cell phone network whereas free-to-air TV service is provided from global t...Read More

Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.

Quick Inquiry