Global Transfer Switches market was 780 million US$ in 2018 and will reach 1250 million US$ by the end of 2025 and is Expected to Grow at a CAGR of 6.0% Between 2019-2025 By Valuates Reports

Transfer Switches market was valued at 780 Million US$ in 2018 and is projected to reach 1250 Million US$ by 2025, at a CAGR of 6.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Transfer Switches.

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.

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Key Trends :

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.

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The study objectives are:

To analyze and research the global Transfer Switches status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Transfer Switches manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.


Transfer Switches Breakdown Data by Type

Automatic Transfer Switches
Manual Transfer Switches

Transfer Switches Breakdown Data by Application

Industrial
Commercial
Residential

FEATURED COMPANIES

Vertiv
GE
Eaton
Cummins
Kohler
ABB Ltd
Briggs & Stratton
Generac
Socomec
Thomson Power Systems
ATS

Transfer Switches Production by Region

United States
Europe
China
Japan
Other Regions

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