Global Automatic Transfer Switchgear Report Thumbnail

Global Automatic Transfer Switchgear Market by Type (High Voltage, Medium Voltage, Low Voltage), By Application (Industrial, Commercial, Residential) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: ES-702
  • Author: Up Market Research
  • Rating: 4.5
  • Total Reviews: 99
  • No. Of Pages: 236
  • Format:
  • Pub. Date: 2021-03-01
  • Share:

The Global Automatic Transfer Switchgear Market size is projected to reach USD 2,857.3 million by 2028 from USD 1,527.2 million in 2017 at a CAGR of 8% during the forecast period (2021-2028), The growth can be attributed to factors such as increasing demand for energy efficiency solutions with the rise in electricity prices, rising investments in renewable power generation projects, and increased awareness about environmental issues caused by fossil fuel-based power plants. However, the high installation cost associated with these devices may hamper the growth of this market during the forecast period.

 

A transfer switch is a device that switches the power from one circuit to another. It can be used for different purposes such as load balancing, source voltage reduction in order to save energy, and so on. Transfer Switches are also called Automatic Transfer Switchgear (ATS) or Automated Power Distribution Systems (APDS).

They work much like the breakers found in your home’s electrical panel that cut off power when an overload occurs. The difference between these two types of devices is mainly their size and how they interface with other equipment installed into a building's electric system. The transfer switch has become increasingly important over recent years due to new regulations by safety organizations, utility companies, manufacturers, and customers who want more control over their own electrical power.

 

On the basis of Types, the market is segmented into High Voltage, Medium Voltage, and Low Voltage.

 

High Voltage Automatic Transfer Switchgear:

High voltage automatic transfer switchgear is an electrical or electronic device that provides electric power to various parts of the building by transferring it from one generator set to another. It also performs switching functions between different sections of a distribution feeder, transmission lines, and/or between generating sets.

The high-voltage disconnects are used for breaking currents in circuits up to 220 kV (kilovolt) without interruption of service and with minimal impact on adjacent equipment. The medium-voltage switches can be utilized where voltages range from 40 kV (kilovolt) to 110 kV (kilovolts). Low-voltage switches are mainly used at low voltages like 120 VAC or 240 VAC which supply electricity within a building.

 

Medium Voltage Automatic Transfer Switchgear:

Medium voltage automatic transfer switchgear is an AC-powered or DC power distribution system used for protecting equipment and providing a safe alternate path from the primary source. Depending on the type of circuit, a medium voltage can range from 600V to 30kV (kilovolts).

Medium voltage automatic transfer switchgear is used for protecting equipment and providing a safe alternate path from the primary source. Medium voltage systems are typically found in power plants, substations, utility networks or large commercial buildings where it provides protection against outages caused by surges and brownouts as well as an emergency load shedding device.

 

Low Voltage Automatic Transfer Switchgear:

The Low Voltage Automatic Transfer Switchgear is the ideal solution for low voltage distribution and transmission networks. The system has been designed to distribute power from a single point of failure or several sources, through an automatic transfer switch (ATS), back to multiple loads in case of disruption. This ATS provides continuous operation with no interruption during fault conditions like load shedding, line breakage, etc.

 

On the basis of Application, the market is segmented into Industrial, Commercial, and Residential.

 

Industrial:

This is a revolutionary solution for industrial customers. It provides protection against outages caused by surges and brownouts, as well as an emergency load shedding device. The installation of the ATS will help eliminate unplanned downtime in factories that rely on the uninterrupted power supply. This ATS offers continuous operation with no interruption during fault conditions like load shedding, line breakage, etc. Therefore it can be used in manufacturing industries to ensure seamless production without any disruptions due to grid faults or blackouts which may occur at any time because these occurrences are unpredictable and frequent nowadays.

 

Commercial:

The Commercial sector requires high-quality reliability from its automatic transfer switchgear systems to prevent disruption of daily operations due to power loss or blackouts. ATS provides a backup facility to ensure an uninterrupted power supply for the commercial sector, which includes offices and other non-industrial establishments.

 

Residential:

The Residential industry not only needs reliability but also the quality of service during an outage or blackout with their automatic transfer switchgear system in order to provide energy security as well as convenience from unplanned downtime. An ATS will help them maintain continuous operation throughout faults such as load shedding/blackouts that can occur at any time without interruption due to its high level of redundancy and safety features like voltage monitoring devices (VMDs), overload protection switches (OPWs), etc., thereby preventing damage caused by interrupted operations when electricity is lost or disrupted.

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, and the Asia Pacific.

The North American market is expected to grow at the highest CAGR during the forecast period. The market in North America is mainly driven by the high demand for electric power and automatic transfer switchgear from the industrial application segment.

The Latin American market is projected to witness significant growth rates, owing to favorable government policies such as feed-in tariffs for renewable energy sources like solar panels and windmills, which are driving the adoption of new technologies.

Europe will be one of the major players in this global automatic transfer switchgear market due to its increased investments in technological advancements, especially within industries benefitting from low voltage distribution automation systems (LVDS).

 

Growth Factors For The Global Automatic Transfer Switchgear Market:

The global automatic transfer switchgear market is expected to grow at an exponential rate from 2021-2028. The major factor that drives the growth of this industry are rising demand for renewable energy and increasing popularity of electric vehicles. Other factors include the growing need for data centers due to the increase in internet usage, rise in security concerns, and advancement in technologies.

Some other driving forces for the development of this market are rapid urbanization which needs power transmission systems; policy reforms by countries with liberalized electricity markets such as China; technological innovations including IoT (Internet Of Things) devices managing their own load-shedding strategies during a blackout or black start event happening without human intervention; and advances in understanding about safety nets during an emergency situation preventing any loss through appropriate protection.

 


Up Market Research published a new report titled “Automatic Transfer Switchgear Market research report which is segmented by Types (High Voltage, Medium Voltage, Low Voltage), By Applications (Industrial, Commercial, Residential), By Players/Companies GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, Vertiv, GENERAC, Socomec, Thomson Power Systems”. 

 

Report Scope

Report Attributes Report Details
Report Title Automatic Transfer Switchgear Market Research Report
By Type High Voltage, Medium Voltage, Low Voltage
By Application Industrial, Commercial, Residential
By Companies GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, Vertiv, GENERAC, Socomec, Thomson Power Systems
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 236
Number of Tables & Figures 166
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Automatic Transfer Switchgear Industry Outlook
 

Global Automatic Transfer Switchgear Market Report Segments:

The market is segmented by Type High Voltage, Medium Voltage, Low Voltage and By Application Industrial, Commercial, Residential.

 

Some of the companies that are profiled in this report are:

  1. GE
  2. Eaton
  3. Cummins
  4. KOHLER
  5. ABB
  6. Briggs & Stratton
  7. Vertiv
  8. GENERAC
  9. Socomec
  10. Thomson Power Systems
 

Automatic Transfer Switchgear Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Automatic Transfer Switchgear Market
 

Overview of the regional outlook of the Automatic Transfer Switchgear Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Automatic Transfer Switchgear Market Overview
 

Highlights of The Automatic Transfer Switchgear Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Automatic Transfer Switchgear Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. High Voltage

                2. Medium Voltage

                3. Low Voltage

       7. By Application:

                1. Industrial

                2. Commercial

                3. Residential

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Automatic Transfer Switchgear Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Automatic Transfer Switchgear Market Statistics
 

Reasons to Purchase the Automatic Transfer Switchgear Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Transfer Switchgear Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Automatic Transfer Switchgear Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Automatic Transfer Switchgear Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Automatic Transfer Switchgear Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Automatic Transfer Switchgear Market Size & Forecast, 2018-2028 
      4.5.1 Automatic Transfer Switchgear Market Size and Y-o-Y Growth 
      4.5.2 Automatic Transfer Switchgear Market Absolute $ Opportunity 


Chapter 5 Global Automatic Transfer Switchgear Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Automatic Transfer Switchgear Market Size Forecast by Type
      5.2.1 High Voltage
      5.2.2 Medium Voltage
      5.2.3 Low Voltage
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Automatic Transfer Switchgear Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Automatic Transfer Switchgear Market Size Forecast by Applications
      6.2.1 Industrial
      6.2.2 Commercial
      6.2.3 Residential
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Automatic Transfer Switchgear Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Automatic Transfer Switchgear Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Automatic Transfer Switchgear Analysis and Forecast
   9.1 Introduction
   9.2 North America Automatic Transfer Switchgear Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Automatic Transfer Switchgear Market Size Forecast by Type
      9.6.1 High Voltage
      9.6.2 Medium Voltage
      9.6.3 Low Voltage
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Automatic Transfer Switchgear Market Size Forecast by Applications
      9.10.1 Industrial
      9.10.2 Commercial
      9.10.3 Residential
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Automatic Transfer Switchgear Analysis and Forecast
   10.1 Introduction
   10.2 Europe Automatic Transfer Switchgear Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Automatic Transfer Switchgear Market Size Forecast by Type
      10.6.1 High Voltage
      10.6.2 Medium Voltage
      10.6.3 Low Voltage
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Automatic Transfer Switchgear Market Size Forecast by Applications
      10.10.1 Industrial
      10.10.2 Commercial
      10.10.3 Residential
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Automatic Transfer Switchgear Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Automatic Transfer Switchgear Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Automatic Transfer Switchgear Market Size Forecast by Type
      11.6.1 High Voltage
      11.6.2 Medium Voltage
      11.6.3 Low Voltage
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Automatic Transfer Switchgear Market Size Forecast by Applications
      11.10.1 Industrial
      11.10.2 Commercial
      11.10.3 Residential
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Automatic Transfer Switchgear Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Automatic Transfer Switchgear Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Automatic Transfer Switchgear Market Size Forecast by Type
      12.6.1 High Voltage
      12.6.2 Medium Voltage
      12.6.3 Low Voltage
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Automatic Transfer Switchgear Market Size Forecast by Applications
      12.10.1 Industrial
      12.10.2 Commercial
      12.10.3 Residential
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Automatic Transfer Switchgear Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Automatic Transfer Switchgear Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Automatic Transfer Switchgear Market Size Forecast by Type
      13.6.1 High Voltage
      13.6.2 Medium Voltage
      13.6.3 Low Voltage
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Automatic Transfer Switchgear Market Size Forecast by Applications
      13.10.1 Industrial
      13.10.2 Commercial
      13.10.3 Residential
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Automatic Transfer Switchgear Market: Competitive Dashboard
   14.2 Global Automatic Transfer Switchgear Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 GE
      14.3.2 Eaton
      14.3.3 Cummins
      14.3.4 KOHLER
      14.3.5 ABB
      14.3.6 Briggs & Stratton
      14.3.7 Vertiv
      14.3.8 GENERAC
      14.3.9 Socomec
      14.3.10 Thomson Power Systems
Segments Covered in the Report
The global Automatic Transfer Switchgear market has been segmented based on

By Types
  • High Voltage
  • Medium Voltage
  • Low Voltage
By Applications
  • Industrial
  • Commercial
  • Residential
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • GE
  • Eaton
  • Cummins
  • KOHLER
  • ABB
  • Briggs & Stratton
  • Vertiv
  • GENERAC
  • Socomec
  • Thomson Power Systems

Buy Report