Latest research report on “Transfer Switches Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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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).
This report contains market size and forecasts of Transfer Switches in global, including the following market information:
Global Transfer Switches Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Transfer Switches Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Transfer Switches companies in 2021 (%)
The global Transfer Switches market was valued at 1016.4 million in 2021 and is projected to reach US$ 1502.4 million by 2028, at a CAGR of 5.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Automatic Transfer Switches Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Transfer Switches include Vertiv, GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, GENERAC and Socomec and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the 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 Transfer Switches Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Transfer Switches Market Segment Percentages, by Type, 2021 (%)
– Automatic Transfer Switches
– Manual Transfer Switches
Global Transfer Switches Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Transfer Switches Market Segment Percentages, by Application, 2021 (%)
Global Transfer Switches Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Transfer Switches Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – 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
The report also provides analysis of leading market participants including:
Key companies Transfer Switches revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Transfer Switches revenues share in global market, 2021 (%)
Key companies Transfer Switches sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Transfer Switches sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Briggs & Stratton
– Thomson Power Systems
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