Navigating the Future: Transfer Switch Market Trends and Forecast Insights, 2025 Edition

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

Transfer Switch Market Size Growth Forecast: What to Expect by 2025?
The transfer switch market size has grown strongly in recent years. It will grow from $1.8 billion in 2024 to $1.93 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to expansion in telecommunications and it infrastructure, focus on disaster recovery and backup systems, urbanization and commercial growth, safety and compliance standards, rising demand for uninterrupted power supply.

How Will the Transfer Switch Market Size Evolve and Grow by 2029?
The transfer switch market size is expected to see strong growth in the next few years. It will grow to $2.64 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to rising demand for reliable power solutions, expansion of renewable energy integration, smart grid integration, focus on resilience and disaster preparedness, market penetration in developing regions. Major trends in the forecast period include increased adoption of smart transfer switches, demand for seamless power transfer solutions, focus on energy efficiency, integration with renewable energy systems, reliability and safety compliance.

View the full report here:
https://www.thebusinessresearchcompany.com/report/transfer-switch-global-market-report

What Drivers Are Propelling the Growth of Transfer Switch Market Forward?
Growing demand for a continuous and steady power supply is expected to propel the transfer switch market forward. A power supply refers to a component that supplies power to at least one electrical load. In general, it converts one form of electrical power into another, but it may also convert a different form of energy such as solar, mechanical, or chemical into electricity. An automated transfer switch, or ATS, is a transfer switch that functions automatically. Once it senses a power outage in the primary source, this switch is utilized to switch the power supply automatically from the main source to a backup source. For instance, in October 2022, according to a report published by Exxon Mobil Corporation, a US-based natural gas company, global electricity demand will increase by 1.8% per year, reaching nearly 50% of this sector by 2050. Thus, the growing demand for a continuous and steady power supply is driving the transfer switch market forward.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9149&type=smp

Which Emerging Trends Are Transforming the Transfer Switch Market in 2025?
Product Innovation has emerged as a key trend gaining popularity in the transfer switch market. Major companies operating in the transfer switch market are developing new innovative switches to sustain their position in the market. For instance, in February 2022, Schneider Electric, France-based energy management, and automation company, launched TransferPacT, a new generation of modular intelligent automatic transfer switches. The TransferPacT is a PC class ATSE rated for 220V-440V and available in 32A-160A, 2,3,4 poles. It has enhanced uptime with innovative technology that guarantees transfer rates of under 500 ms. ATSE data is collected and analyzed in real-time by EcoStruxureTM IoT-enabled solutions, giving operators proactive maintenance analysis rather than preventive maintenance.

What Are the Key Segments in the Transfer Switch Market?
The transfer switch market covered in this report is segmented -

1) By Type: Automatic Transfer Switch, Manual Transfer Switch
2) By Transition Mode: Soft Load, Closed, Delayed, Open
3) By End Use: Industrial, Commercial, Residential

Subsegments:
1) By Automatic Transfer Switch: Open Transition Transfer Switch, Closed Transition Transfer Switch, Soft Load Transfer Switch
2) By Manual Transfer Switch: Standard Manual Transfer Switch, Lockable Manual Transfer Switch

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9149&type=smp

Who Are the Key Players Shaping the Transfer Switch Market's Competitive Landscape?
Major companies operating in the transfer switch market include ABB Ltd., Siemens Aktiengesellschaft, Schneider Electric SE, General Electric Corporation, Cummins Inc., Caterpillar Inc., Eaton Corporation plc, Kohler Co., Socomec Group SAS, Camsco Electric Co., DynaGen Technologies Inc., Mitsubishi Electric Corporation, Emerson Electric Co., Marathon Thomson Power System LLC, Vertiv Co., Briggs & Stratton Corporation, ASCO Power Technologies, Russelectric Inc., Blue Star Power Systems Inc., Zenith Controls Inc., Thomson Power Systems, Lovato Electric SpA, Generac Power Systems Inc., Honeywell International Inc., Legrand SA

What Geographic Markets Are Powering Growth in the Transfer Switch Market?
Asia-Pacific was the largest region in the transfer switch market in 2024. The regions covered in the transfer switch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9149

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.