Press release
Global Static Transfer Switch (STS) Market to Witness a Pronounce Growth During 2025
ABB was the global largest manufacturer in the Static Transfer Switch market, accounted for maximal market share of 17% in the global market, followed by Eaton, Schneider Electric, DELTA, L3Harris Technologies, Vertiv Group, Piller Group, Socomec Group, Inform UPS, Mitsubishi Electric, AEG Power Solutions, LayerZero Power Systems, Power Distribution, and Godgoal. Top 5 companies took up a combined market share of 61% of the world total. North America held the largest market share close to 37%, followed by Europe of 34.03% in 2018. Rapid industrialization is driving the market growth of this industry.
The global Static Transfer Switch (STS) market is valued at 550.1 million US$ in 2018 is expected to reach 891.7 million US$ by the end of 2025, growing at a CAGR of 7.3% during 2019-2025.
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This report focuses on the key global Static Transfer Switch (STS) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
This report focuses on Static Transfer Switch (STS) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Static Transfer Switch (STS) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Market Segment by Manufacturers, this report covers
ABB
Eaton
Schneider Electric
DELTA
L3Harris Technologies
Vertiv Group
Piller Group
Socomec Group
Inform UPS
Mitsubishi Electric
AEG Power Solutions
LayerZero Power Systems
Power Distribution
Godgoal
Market Segment by Type, covers
Single-phase
Three-phases
Market Segment by Applications, can be divided into
Industrial
Commercial
Residential
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Related Information:
North America Static Transfer Switch (STS) Market Research Report 2019
United States Static Transfer Switch (STS) Market Research Report 2019
Asia-Pacific Static Transfer Switch (STS) Market Research Report 2019
Europe Static Transfer Switch (STS) Market Market Research Report 2019
EMEA Static Transfer Switch (STS) Market Market Research Report 2019
Global Static Transfer Switch (STS) Market Market Research Report 2019
China Static Transfer Switch (STS) Market Market Research Report 2019
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