Automatic transfer switch (ATS) is a device that automatically transmits a power supply from its primary source to a backup source when it detects a fault or failure in the primary source. When a malfunction occurs in a primary power grid, the ATS invokes a standby power source, such as an uninterrupted power supply. ATS may also set up more long-term backup power facilities, such as local diesel generators, to operate electrical equipment before power is restored. Automatic transfer switches are the most widely used transfer switches. Growing industrialization and urbanization around the world is expected to drive market growth during forecast period.
MARKET DYNAMICS
Sudden brownouts and voltage fluctuation, interruptions, blackouts and unpredictable weather conditions around the world is driving the growth of the automatic transfer switches market. However, lack of awareness in developing economies and need for regular maintenance may restrain the growth of the automatic transfer switches market. Furthermore, rising demand for uninterrupted electricity and the adoption of smart grid technology around the globe is anticipated to create market opportunities for the automatic transfer switches market during the forecast period.
MARKET SCOPE
The "Global Automatic Transfer Switches Market Analysis to 2031" is a specialized and in-depth study of the automatic transfer switches market with a special focus on the global market trend analysis. The report aims to provide an overview of automatic transfer switches market with detailed market segmentation by type, application, and geography. The global automatic transfer switches market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automatic transfer switches market players and offers key trends and opportunities in the automatic transfer switches market.
MARKET SEGMENTATION
The global automatic transfer switches market is segmented on the basis of type and application. On the basis of type, the market is segmented as open transition, closed transition, static transfer, and others. Similarly, on the basis of application, the market is segmented as industrial, commercial, and residential.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automatic transfer switches market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automatic transfer switches market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automatic transfer switches market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automatic transfer switches market in these regions.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automatic transfer switches market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automatic transfer switches market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automatic transfer switches market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automatic transfer switches market in these regions.
MARKET PLAYERS
The reports cover key developments in the automatic transfer switches market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automatic transfer switches market are anticipated to lucrative growth opportunities in the future with the rising demand for automatic transfer switches. Below mentioned is the list of few companies engaged in the automatic transfer switches market.
The report also includes the profiles of key automatic transfer switches market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB
- Briggs and Stratton, LLC.
- Cummins Inc.
- Eaton
- Generac Power Systems, Inc.
- General Electric Company
- Kohler Co.
- Socomec
- Thompson Power Systems
- Vertiv Group Corp
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automatic Transfer Switches Market - By Type
1.3.2 Automatic Transfer Switches Market - By Application
1.3.3 Automatic Transfer Switches Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUTOMATIC TRANSFER SWITCHES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTOMATIC TRANSFER SWITCHES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AUTOMATIC TRANSFER SWITCHES MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMATIC TRANSFER SWITCHES - GLOBAL MARKET OVERVIEW
6.2. AUTOMATIC TRANSFER SWITCHES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTOMATIC TRANSFER SWITCHES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. OPEN TRANSITION
7.3.1. Overview
7.3.2. Open Transition Market Forecast and Analysis
7.4. CLOSED TRANSITION
7.4.1. Overview
7.4.2. Closed Transition Market Forecast and Analysis
7.5. STATIC TRANSFER
7.5.1. Overview
7.5.2. Static Transfer Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. AUTOMATIC TRANSFER SWITCHES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. INDUSTRIAL
8.3.1. Overview
8.3.2. Industrial Market Forecast and Analysis
8.4. COMMERCIAL
8.4.1. Overview
8.4.2. Commercial Market Forecast and Analysis
8.5. RESIDENTIAL
8.5.1. Overview
8.5.2. Residential Market Forecast and Analysis
9. AUTOMATIC TRANSFER SWITCHES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Automatic Transfer Switches Market Overview
9.1.2 North America Automatic Transfer Switches Market Forecasts and Analysis
9.1.3 North America Automatic Transfer Switches Market Forecasts and Analysis - By Type
9.1.4 North America Automatic Transfer Switches Market Forecasts and Analysis - By Application
9.1.5 North America Automatic Transfer Switches Market Forecasts and Analysis - By Countries
9.1.5.1 United States Automatic Transfer Switches Market
9.1.5.1.1 United States Automatic Transfer Switches Market by Type
9.1.5.1.2 United States Automatic Transfer Switches Market by Application
9.1.5.2 Canada Automatic Transfer Switches Market
9.1.5.2.1 Canada Automatic Transfer Switches Market by Type
9.1.5.2.2 Canada Automatic Transfer Switches Market by Application
9.1.5.3 Mexico Automatic Transfer Switches Market
9.1.5.3.1 Mexico Automatic Transfer Switches Market by Type
9.1.5.3.2 Mexico Automatic Transfer Switches Market by Application
9.2. EUROPE
9.2.1 Europe Automatic Transfer Switches Market Overview
9.2.2 Europe Automatic Transfer Switches Market Forecasts and Analysis
9.2.3 Europe Automatic Transfer Switches Market Forecasts and Analysis - By Type
9.2.4 Europe Automatic Transfer Switches Market Forecasts and Analysis - By Application
9.2.5 Europe Automatic Transfer Switches Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Automatic Transfer Switches Market
9.2.5.1.1 Germany Automatic Transfer Switches Market by Type
9.2.5.1.2 Germany Automatic Transfer Switches Market by Application
9.2.5.2 France Automatic Transfer Switches Market
9.2.5.2.1 France Automatic Transfer Switches Market by Type
9.2.5.2.2 France Automatic Transfer Switches Market by Application
9.2.5.3 Italy Automatic Transfer Switches Market
9.2.5.3.1 Italy Automatic Transfer Switches Market by Type
9.2.5.3.2 Italy Automatic Transfer Switches Market by Application
9.2.5.4 United Kingdom Automatic Transfer Switches Market
9.2.5.4.1 United Kingdom Automatic Transfer Switches Market by Type
9.2.5.4.2 United Kingdom Automatic Transfer Switches Market by Application
9.2.5.5 Russia Automatic Transfer Switches Market
9.2.5.5.1 Russia Automatic Transfer Switches Market by Type
9.2.5.5.2 Russia Automatic Transfer Switches Market by Application
9.2.5.6 Rest of Europe Automatic Transfer Switches Market
9.2.5.6.1 Rest of Europe Automatic Transfer Switches Market by Type
9.2.5.6.2 Rest of Europe Automatic Transfer Switches Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Automatic Transfer Switches Market Overview
9.3.2 Asia-Pacific Automatic Transfer Switches Market Forecasts and Analysis
9.3.3 Asia-Pacific Automatic Transfer Switches Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Automatic Transfer Switches Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Automatic Transfer Switches Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Automatic Transfer Switches Market
9.3.5.1.1 Australia Automatic Transfer Switches Market by Type
9.3.5.1.2 Australia Automatic Transfer Switches Market by Application
9.3.5.2 China Automatic Transfer Switches Market
9.3.5.2.1 China Automatic Transfer Switches Market by Type
9.3.5.2.2 China Automatic Transfer Switches Market by Application
9.3.5.3 India Automatic Transfer Switches Market
9.3.5.3.1 India Automatic Transfer Switches Market by Type
9.3.5.3.2 India Automatic Transfer Switches Market by Application
9.3.5.4 Japan Automatic Transfer Switches Market
9.3.5.4.1 Japan Automatic Transfer Switches Market by Type
9.3.5.4.2 Japan Automatic Transfer Switches Market by Application
9.3.5.5 South Korea Automatic Transfer Switches Market
9.3.5.5.1 South Korea Automatic Transfer Switches Market by Type
9.3.5.5.2 South Korea Automatic Transfer Switches Market by Application
9.3.5.6 Rest of Asia-Pacific Automatic Transfer Switches Market
9.3.5.6.1 Rest of Asia-Pacific Automatic Transfer Switches Market by Type
9.3.5.6.2 Rest of Asia-Pacific Automatic Transfer Switches Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Automatic Transfer Switches Market Overview
9.4.2 Middle East and Africa Automatic Transfer Switches Market Forecasts and Analysis
9.4.3 Middle East and Africa Automatic Transfer Switches Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Automatic Transfer Switches Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Automatic Transfer Switches Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Automatic Transfer Switches Market
9.4.5.1.1 South Africa Automatic Transfer Switches Market by Type
9.4.5.1.2 South Africa Automatic Transfer Switches Market by Application
9.4.5.2 Saudi Arabia Automatic Transfer Switches Market
9.4.5.2.1 Saudi Arabia Automatic Transfer Switches Market by Type
9.4.5.2.2 Saudi Arabia Automatic Transfer Switches Market by Application
9.4.5.3 U.A.E Automatic Transfer Switches Market
9.4.5.3.1 U.A.E Automatic Transfer Switches Market by Type
9.4.5.3.2 U.A.E Automatic Transfer Switches Market by Application
9.4.5.4 Rest of Middle East and Africa Automatic Transfer Switches Market
9.4.5.4.1 Rest of Middle East and Africa Automatic Transfer Switches Market by Type
9.4.5.4.2 Rest of Middle East and Africa Automatic Transfer Switches Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Automatic Transfer Switches Market Overview
9.5.2 South and Central America Automatic Transfer Switches Market Forecasts and Analysis
9.5.3 South and Central America Automatic Transfer Switches Market Forecasts and Analysis - By Type
9.5.4 South and Central America Automatic Transfer Switches Market Forecasts and Analysis - By Application
9.5.5 South and Central America Automatic Transfer Switches Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Automatic Transfer Switches Market
9.5.5.1.1 Brazil Automatic Transfer Switches Market by Type
9.5.5.1.2 Brazil Automatic Transfer Switches Market by Application
9.5.5.2 Argentina Automatic Transfer Switches Market
9.5.5.2.1 Argentina Automatic Transfer Switches Market by Type
9.5.5.2.2 Argentina Automatic Transfer Switches Market by Application
9.5.5.3 Rest of South and Central America Automatic Transfer Switches Market
9.5.5.3.1 Rest of South and Central America Automatic Transfer Switches Market by Type
9.5.5.3.2 Rest of South and Central America Automatic Transfer Switches Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AUTOMATIC TRANSFER SWITCHES MARKET, KEY COMPANY PROFILES
11.1. ABB
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BRIGGS AND STRATTON, LLC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CUMMINS INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EATON
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GENERAC POWER SYSTEMS, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GENERAL ELECTRIC COMPANY
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KOHLER CO.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SOCOMEC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. THOMPSON POWER SYSTEMS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VERTIV GROUP CORP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ABB
2. Briggs and Stratton, LLC.
3. Cummins Inc.
4. Eaton
5. Generac Power Systems, Inc.
6. General Electric Company
7. Kohler Co.
8. Socomec
9. Thompson Power Systems
10. Vertiv Group Corp
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For