Transfer Switch Market 2019 Industry Expansion Strategies and Key Players - General Electric, Vertiv, Generac, Kohler, Cummins, Caterpillar

The Transfer Switch Market analytical introduced by Global Market Insights, LLC, is an exhaustive study of the current trends driving this vertical across assorted geographies. Significant details pertaining to the market share, market size, application, statistics, and revenue are summed up in the research study. Also, this study undertakes a thorough competitive analysis of the business outlook, particularly emphasizing growth strategies espoused by market majors.

Introduction of several government norms to encourage adoption of renewable energy technologies will augment the China transfer switch market share. In 2017, China National Energy Administration announced to invest USD 326 billion for development of renewable energy networks by 2020.

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The eATS30 is also designed to work in tandem with other power solutions of the transfer switch market giant, UPSs (uninterruptible power systems) and PDUs (power distribution units). Eaton's product experimentation and launch stands as an indicator of the fact that companies partaking in transfer switch industry share are consistently attempting to bring forth innovative products that can be utilized effectively in legally required systems, emergency systems, optional standby systems, and critical operation power systems.

Major participants catering the transfer switch market are Generac, DynaGen, Briggs & Stratton, ABB, Zhejiang Yuye Electric, General Electric, Kohler, Eaton, Russelectric, AEG, Vertiv, Cummins, Caterpillar, Schneider Electric, Siemens and MBH Electric.

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The >1600 ampere accounted for over 15% of global transfer switch market in 2016. Ongoing investments toward expansion of high tension transmission and distribution networks along with rapid industrialization across developing countries will boost the product penetration. Stringent government regulation towards operational safety standards along with heavy reliance on HVAC industrial networks will further complement the industry landscape.

Increasing investment towards upgradation and expansion of grid infrastructure along with growing implementation of advance monitoring and control units will stimulate the U.S. transfer switch market share. Rapid advancements across rail road infrastructure backed by the peninsula corridor electrification program will augment the industry. In 2017, Federal Transit Administration announced to invest USD 100 million for the development of infrastructure across the rail network of California.

Partial Table of Contents (ToC) of the report:
Chapter 4. Transfer Switch Market, By Operation
4.1. Global market share by operation, 2016 & 2024
4.2. Manual
4.2.1. Manual market, 2013 - 2024
4.2.2. Manual market by region, 2013 - 2024
4.3. Non-Automatic
4.3.1. Non-Automatic market, 2013 - 2024
4.3.2. Non-Automatic market by region, 2013 - 2024
4.4. Automatic
4.4.1. Automatic market, 2013 - 2024
4.4.2. Automatic market by region, 2013 - 2024
4.5. By-pass isolation
4.5.1. By-pass isolation market, 2013 - 2024
4.5.2. By-pass isolation market by region, 2013 - 2024

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Transfer switch market is inherently defined by a plethora of R&D investments toward the development of control technologies. A proportional amount of these investments, it is observed, is being provided by governmental organizations and regulatory bodies. In 2017, for instance, Blackstone, supported by the Saudi Arabian government, has made a proposition to invest around USD 40 billion across the U.S. infrastructure sector.

Transfer switch industry is replete with the introduction of uniquely designed products, subject to the ever-growing demand across fire-alarms, communication, HVAC networks, signaling, and security. Eaton for instance, in 2015, had introduced a novel automatic transfer switch (ATS) for data centers across the American belt, called the eATS30 Monitored platform. Eaton's flagship product, in the event of power failure, was designed to switch over to an alternating power source, which allowed for the availability of consistent uptime for single power-sourced equipment.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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