This report studies the Automatic Transfer Switches market. An automatic transfer switch (ATS) is a device that automatically transfers a power supply from its primary source to a backup source when it senses a failure or outage in the primary source. When a failure occurs in a primary power system, the ATS invokes a standby power source, such as an uninterruptable power supply. An ATS can also start up more long-term backup power systems, such as local diesel generators, to run electric equipment until utility power is restored.
This report aims to provide a comprehensive presentation of the global market for Automatic Transfer Switches, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automatic Transfer Switches. This report contains market size and forecasts of Automatic Transfer Switches in global, including the following market information:
Global Automatic Transfer Switches Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automatic Transfer Switches Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automatic Transfer Switches companies in 2022 (%)
The global Automatic Transfer Switches market was valued at US$ 1380.9 million in 2022 and is projected to reach US$ 2120 million by 2029, at a CAGR of 6.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automatic Transfer Switches key players include GE, Eaton, Cummins, Briggs & Stratton, ABB, etc. Global top five manufacturers hold a share about 50%. United States and Europe is the largest market, both with a share about 30%, followed by Japan, with a share about 20 percent. In terms of product, Closed transition is the largest segment, with a share about 30%. And in terms of application, the largest application is Industrial, followed by Commercial, Residential.
We surveyed the Automatic Transfer Switches manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automatic Transfer Switches Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automatic Transfer Switches Market Segment Percentages, by Type, 2022 (%)
- Open transition
- Closed transition
- Static transfer switch (STS)
- Others
Global Automatic Transfer Switches Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automatic Transfer Switches Market Segment Percentages, by Application, 2022 (%)
- Industrial
- Commercial
- Residential
- Global Automatic Transfer Switches Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
- Global Automatic Transfer Switches Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Automatic Transfer Switches revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Automatic Transfer Switches revenues share in global market, 2022 (%)
- Key companies Automatic Transfer Switches sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Automatic Transfer Switches sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- GE
- Eaton
- Cummins
- KOHLER
- ABB
- Briggs & Stratton
- Vertiv
- GENERAC
- Socomec
- Thomson Power Systems
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Automatic Transfer Switches, market overview.
- Chapter 2: Global Automatic Transfer Switches market size in revenue and volume.
- Chapter 3: Detailed analysis of Automatic Transfer Switches manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Automatic Transfer Switches in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Automatic Transfer Switches capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.