2021-2027 Global and Regional Transfer Switches Industry Status and Prospects Professional Market Research Report Standard Version
The global Transfer Switches market was valued at 75.89 Million USD in 2020 and will grow with a CAGR of 5.89% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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. The switch market comprises of two transfer switches, namely the automatic transfer switch (ATS) and manual transfer switch (MTS).Sudden brownouts and voltage fluctuation, outages, blackouts, and uncertain weather conditions have led to the increase in demand for transfer switch in the market. The growing dependence on power and critical application in industries, commercial institutions, healthcare, transportation, and households is the driving factor for transfer switch market. 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.
By Market Verdors:
Vertiv
GE
Eaton
Cummins
KOHLER
ABB
Briggs & Stratton
GENERAC
Socomec
Thomson Power Systems
By Types:
Automatic Transfer Switches
Manual Transfer Switches
By Applications:
Industrial
Commercial
Residential
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.4.1 North America Market States and Outlook (2022-2027)
1.4.2 East Asia Market States and Outlook (2022-2027)
1.4.3 Europe Market States and Outlook (2022-2027)
1.4.4 South Asia Market States and Outlook (2022-2027)
1.4.5 Southeast Asia Market States and Outlook (2022-2027)
1.4.6 Middle East Market States and Outlook (2022-2027)
1.4.7 Africa Market States and Outlook (2022-2027)
1.4.8 Oceania Market States and Outlook (2022-2027)
1.4.9 South America Market States and Outlook (2022-2027)
1.5 Global Transfer Switches Market Size Analysis from 2022 to 2027
1.5.1 Global Transfer Switches Market Size Analysis from 2022 to 2027 by Consumption Volume
1.5.2 Global Transfer Switches Market Size Analysis from 2022 to 2027 by Value
1.5.3 Global Transfer Switches Price Trends Analysis from 2022 to 2027
1.6 COVID-19 Outbreak: Transfer Switches Industry Impact
Chapter 2 Global Transfer Switches Competition by Types, Applications, and Top Regions and Countries
2.1 Global Transfer Switches (Volume and Value) by Type
2.1.1 Global Transfer Switches Consumption and Market Share by Type (2016-2021)
2.1.2 Global Transfer Switches Revenue and Market Share by Type (2016-2021)
2.2 Global Transfer Switches (Volume and Value) by Application
2.2.1 Global Transfer Switches Consumption and Market Share by Application (2016-2021)
2.2.2 Global Transfer Switches Revenue and Market Share by Application (2016-2021)
2.3 Global Transfer Switches (Volume and Value) by Regions
2.3.1 Global Transfer Switches Consumption and Market Share by Regions (2016-2021)
2.3.2 Global Transfer Switches Revenue and Market Share by Regions (2016-2021)
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.1.1 2016-2021 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
3.1.2 2016-2021 Major Manufacturers Performance and Market Share
3.2 Regional Production Market Analysis
3.2.1 2016-2021 Regional Market Performance and Market Share
3.2.2 North America Market
3.2.3 East Asia Market
3.2.4 Europe Market
3.2.5 South Asia Market
3.2.6 Southeast Asia Market
3.2.7 Middle East Market
3.2.8 Africa Market
3.2.9 Oceania Market
3.2.10 South America Market
3.2.11 Rest of the World Market
Chapter 4 Global Transfer Switches Sales, Consumption, Export, Import by Regions (2016-2021)
4.1 Global Transfer Switches Consumption by Regions (2016-2021)
4.2 North America Transfer Switches Sales, Consumption, Export, Import (2016-2021)
4.3 East Asia Transfer Switches Sales, Consumption, Export, Import (2016-2021)
4.4 Europe Transfer Switches Sales, Consumption, Export, Import (2016-2021)
4.5 South Asia Transfer Switches Sales, Consumption, Export, Import (2016-2021)
4.6 Southeast Asia Transfer Switches Sales, Consumption, Export, Import (2016-2021)
4.7 Middle East Transfer Switches Sales, Consumption, Export, Import (2016-2021)
4.8 Africa Transfer Switches Sales, Consumption, Export, Import (2016-2021)
4.9 Oceania Transfer Switches Sales, Consumption, Export, Import (2016-2021)
4.10 South America Transfer Switches Sales, Consumption, Export, Import (2016-2021)
Chapter 5 North America Transfer Switches Market Analysis
5.1 North America Transfer Switches Consumption and Value Analysis
5.1.1 North America Transfer Switches Market Under COVID-19
5.2 North America Transfer Switches Consumption Volume by Types
5.3 North America Transfer Switches Consumption Structure by Application
5.4 North America Transfer Switches Consumption by Top Countries
5.4.1 United States Transfer Switches Consumption Volume from 2016 to 2021
5.4.2 Canada Transfer Switches Consumption Volume from 2016 to 2021
5.4.3 Mexico Transfer Switches Consumption Volume from 2016 to 2021
Chapter 6 East Asia Transfer Switches Market Analysis
6.1 East Asia Transfer Switches Consumption and Value Analysis
6.1.1 East Asia Transfer Switches Market Under COVID-19
6.2 East Asia Transfer Switches Consumption Volume by Types
6.3 East Asia Transfer Switches Consumption Structure by Application
6.4 East Asia Transfer Switches Consumption by Top Countries
6.4.1 China Transfer Switches Consumption Volume from 2016 to 2021
6.4.2 Japan Transfer Switches Consumption Volume from 2016 to 2021
6.4.3 South Korea Transfer Switches Consumption Volume from 2016 to 2021
Chapter 7 Europe Transfer Switches Market Analysis
7.1 Europe Transfer Switches Consumption and Value Analysis
7.1.1 Europe Transfer Switches Market Under COVID-19
7.2 Europe Transfer Switches Consumption Volume by Types
7.3 Europe Transfer Switches Consumption Structure by Application
7.4 Europe Transfer Switches Consumption by Top Countries
7.4.1 Germany Transfer Switches Consumption Volume from 2016 to 2021
7.4.2 UK Transfer Switches Consumption Volume from 2016 to 2021
7.4.3 France Transfer Switches Consumption Volume from 2016 to 2021
7.4.4 Italy Transfer Switches Consumption Volume from 2016 to 2021
7.4.5 Russia Transfer Switches Consumption Volume from 2016 to 2021
7.4.6 Spain Transfer Switches Consumption Volume from 2016 to 2021
7.4.7 Netherlands Transfer Switches Consumption Volume from 2016 to 2021
7.4.8 Switzerland Transfer Switches Consumption Volume from 2016 to 2021
7.4.9 Poland Transfer Switches Consumption Volume from 2016 to 2021
Chapter 8 South Asia Transfer Switches Market Analysis
8.1 South Asia Transfer Switches Consumption and Value Analysis
8.1.1 South Asia Transfer Switches Market Under COVID-19
8.2 South Asia Transfer Switches Consumption Volume by Types
8.3 South Asia Transfer Switches Consumption Structure by Application
8.4 South Asia Transfer Switches Consumption by Top Countries
8.4.1 India Transfer Switches Consumption Volume from 2016 to 2021
8.4.2 Pakistan Transfer Switches Consumption Volume from 2016 to 2021
8.4.3 Bangladesh Transfer Switches Consumption Volume from 2016 to 2021
Chapter 9 Southeast Asia Transfer Switches Market Analysis
9.1 Southeast Asia Transfer Switches Consumption and Value Analysis
9.1.1 Southeast Asia Transfer Switches Market Under COVID-19
9.2 Southeast Asia Transfer Switches Consumption Volume by Types
9.3 Southeast Asia Transfer Switches Consumption Structure by Application
9.4 Southeast Asia Transfer Switches Consumption by Top Countries
9.4.1 Indonesia Transfer Switches Consumption Volume from 2016 to 2021
9.4.2 Thailand Transfer Switches Consumption Volume from 2016 to 2021
9.4.3 Singapore Transfer Switches Consumption Volume from 2016 to 2021
9.4.4 Malaysia Transfer Switches Consumption Volume from 2016 to 2021
9.4.5 Philippines Transfer Switches Consumption Volume from 2016 to 2021
9.4.6 Vietnam Transfer Switches Consumption Volume from 2016 to 2021
9.4.7 Myanmar Transfer Switches Consumption Volume from 2016 to 2021
Chapter 10 Middle East Transfer Switches Market Analysis
10.1 Middle East Transfer Switches Consumption and Value Analysis
10.1.1 Middle East Transfer Switches Market Under COVID-19
10.2 Middle East Transfer Switches Consumption Volume by Types
10.3 Middle East Transfer Switches Consumption Structure by Application
10.4 Middle East Transfer Switches Consumption by Top Countries
10.4.1 Turkey Transfer Switches Consumption Volume from 2016 to 2021
10.4.2 Saudi Arabia Transfer Switches Consumption Volume from 2016 to 2021
10.4.3 Iran Transfer Switches Consumption Volume from 2016 to 2021
10.4.4 United Arab Emirates Transfer Switches Consumption Volume from 2016 to 2021
10.4.5 Israel Transfer Switches Consumption Volume from 2016 to 2021
10.4.6 Iraq Transfer Switches Consumption Volume from 2016 to 2021
10.4.7 Qatar Transfer Switches Consumption Volume from 2016 to 2021
10.4.8 Kuwait Transfer Switches Consumption Volume from 2016 to 2021
10.4.9 Oman Transfer Switches Consumption Volume from 2016 to 2021
Chapter 11 Africa Transfer Switches Market Analysis
11.1 Africa Transfer Switches Consumption and Value Analysis
11.1.1 Africa Transfer Switches Market Under COVID-19
11.2 Africa Transfer Switches Consumption Volume by Types
11.3 Africa Transfer Switches Consumption Structure by Application
11.4 Africa Transfer Switches Consumption by Top Countries
11.4.1 Nigeria Transfer Switches Consumption Volume from 2016 to 2021
11.4.2 South Africa Transfer Switches Consumption Volume from 2016 to 2021
11.4.3 Egypt Transfer Switches Consumption Volume from 2016 to 2021
11.4.4 Algeria Transfer Switches Consumption Volume from 2016 to 2021
11.4.5 Morocco Transfer Switches Consumption Volume from 2016 to 2021
Chapter 12 Oceania Transfer Switches Market Analysis
12.1 Oceania Transfer Switches Consumption and Value Analysis
12.2 Oceania Transfer Switches Consumption Volume by Types
12.3 Oceania Transfer Switches Consumption Structure by Application
12.4 Oceania Transfer Switches Consumption by Top Countries
12.4.1 Australia Transfer Switches Consumption Volume from 2016 to 2021
12.4.2 New Zealand Transfer Switches Consumption Volume from 2016 to 2021
Chapter 13 South America Transfer Switches Market Analysis
13.1 South America Transfer Switches Consumption and Value Analysis
13.1.1 South America Transfer Switches Market Under COVID-19
13.2 South America Transfer Switches Consumption Volume by Types
13.3 South America Transfer Switches Consumption Structure by Application
13.4 South America Transfer Switches Consumption Volume by Major Countries
13.4.1 Brazil Transfer Switches Consumption Volume from 2016 to 2021
13.4.2 Argentina Transfer Switches Consumption Volume from 2016 to 2021
13.4.3 Columbia Transfer Switches Consumption Volume from 2016 to 2021
13.4.4 Chile Transfer Switches Consumption Volume from 2016 to 2021
13.4.5 Venezuela Transfer Switches Consumption Volume from 2016 to 2021
13.4.6 Peru Transfer Switches Consumption Volume from 2016 to 2021
13.4.7 Puerto Rico Transfer Switches Consumption Volume from 2016 to 2021
13.4.8 Ecuador Transfer Switches Consumption Volume from 2016 to 2021
Chapter 14 Company Profiles and Key Figures in Transfer Switches Business
14.1 Vertiv
14.1.1 Vertiv Company Profile
14.1.2 Vertiv Transfer Switches Product Specification
14.1.3 Vertiv Transfer Switches Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.2 GE
14.2.1 GE Company Profile
14.2.2 GE Transfer Switches Product Specification
14.2.3 GE Transfer Switches Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.3 Eaton
14.3.1 Eaton Company Profile
14.3.2 Eaton Transfer Switches Product Specification
14.3.3 Eaton Transfer Switches Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.4 Cummins
14.4.1 Cummins Company Profile
14.4.2 Cummins Transfer Switches Product Specification
14.4.3 Cummins Transfer Switches Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.5 KOHLER
14.5.1 KOHLER Company Profile
14.5.2 KOHLER Transfer Switches Product Specification
14.5.3 KOHLER Transfer Switches Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.6 ABB
14.6.1 ABB Company Profile
14.6.2 ABB Transfer Switches Product Specification
14.6.3 ABB Transfer Switches Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.7 Briggs & Stratton
14.7.1 Briggs & Stratton Company Profile
14.7.2 Briggs & Stratton Transfer Switches Product Specification
14.7.3 Briggs & Stratton Transfer Switches Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.8 GENERAC
14.8.1 GENERAC Company Profile
14.8.2 GENERAC Transfer Switches Product Specification
14.8.3 GENERAC Transfer Switches Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.9 Socomec
14.9.1 Socomec Company Profile
14.9.2 Socomec Transfer Switches Product Specification
14.9.3 Socomec Transfer Switches Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.10 Thomson Power Systems
14.10.1 Thomson Power Systems Company Profile
14.10.2 Thomson Power Systems Transfer Switches Product Specification
14.10.3 Thomson Power Systems Transfer Switches Production Capacity, Revenue, Price and Gross Margin (2016-2021)
Chapter 15 Global Transfer Switches Market Forecast (2022-2027)
15.1 Global Transfer Switches Consumption Volume, Revenue and Price Forecast (2022-2027)
15.1.1 Global Transfer Switches Consumption Volume and Growth Rate Forecast (2022-2027)
15.1.2 Global Transfer Switches Value and Growth Rate Forecast (2022-2027)
15.2 Global Transfer Switches Consumption Volume, Value and Growth Rate Forecast by Region (2022-2027)
15.2.1 Global Transfer Switches Consumption Volume and Growth Rate Forecast by Regions (2022-2027)
15.2.2 Global Transfer Switches Value and Growth Rate Forecast by Regions (2022-2027)
15.2.3 North America Transfer Switches Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.4 East Asia Transfer Switches Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.5 Europe Transfer Switches Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.6 South Asia Transfer Switches Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.7 Southeast Asia Transfer Switches Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.8 Middle East Transfer Switches Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.9 Africa Transfer Switches Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.10 Oceania Transfer Switches Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.11 South America Transfer Switches Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.3 Global Transfer Switches Consumption Volume, Revenue and Price Forecast by Type (2022-2027)
15.3.1 Global Transfer Switches Consumption Forecast by Type (2022-2027)
15.3.2 Global Transfer Switches Revenue Forecast by Type (2022-2027)
15.3.3 Global Transfer Switches Price Forecast by Type (2022-2027)
15.4 Global Transfer Switches Consumption Volume Forecast by Application (2022-2027)
15.5 Transfer Switches Market Forecast Under COVID-19
Chapter 16 Conclusions
Research Methodology
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
|
|
| Influencing Factors |
|
|
| Market Forecast (2021-2026) |
|
|
Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|