Transfer Switches Market and Switch Gear Industry 5 Year Forecasts in New Research Reports
DALLAS, December 7, 2014 /PRNewswire/ --
SandlerResearch.org adds Global Transfer Switches Market 2014-2018 and Global Switch Gear Market 2014-2018 research reports to the electronics industry intelligence section of its data and business research library.
The Global Transfer Switches market will grow at a CAGR of 6.64% over the period 2013-2018 with increased demand for reliable power being one of the major market growth drivers. According to Global Transfer Switches Market 2014-2018 research report, based on products, the market is segmented into Static Transfer Switch and Automatic Transfer Switch. Blackouts of short and long duration are a major threat to many industries, which has resulted in huge revenue losses for many companies, especially in Asia and the Middle East and has increased the demand for efficient backup sources and transfer switches. Transfer switches shift the loads or electrical distribution systems between two power sources, making it an inevitable part of a standby or emergency power system. There are mainly two types of transfer switches, namely automatic transfer switch and static transfer switch. An automatic transfer switch is used to transfer power between a primary (utility source) and secondary power source (a generator or other backup power source). A static transfer switch shifts loads between two power sources with the help of power semiconductors (such as SCR). The transfer in these switches is rapid since the switching does not involve the motion of any mechanical parts. Both switches have their own merits over the other. When the quality for the price ratio is considered, ATS has a considerable advantage. However, static transfer switches are used when the requirement is for high quality with minimal stress on price.
A major trend in the market is the increase in the usage of integrated systems. Many vendors use transfer switches along with power distribution units, resulting in increased space saving. Apart from saving space, such integrated systems reduce installation time and cost as traditional systems have a large number of interconnected components leading to unwanted complexity.
Companies like GE, Emerson Electric, Socomec, ABB, Camsco Electric, Cummins, Eaton, Generac, Kohler, Mitsubishi Electric, MTS Power Products, Russelectric, Schneider Electric, Thomas & Betts Power Solutions and Thomson Power Systems are discussed in this research available for purchase at http://www.sandlerresearch.org/purchase?rname=27789 .
The Global Switch Gear market is forecast to grow at a CAGR of 8.53% over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand for renewable sources of energy. The Global Switch Gear market has also been witnessing the steady shift from conventional switch gear to modular switch gear. However, the volatility of crude oil prices could pose a challenge to the growth of this market.
The Global Switch Gear Market 2014-2018 research report (http://www.sandlerresearch.org/global-switch-gear-market-2014-2018.html ) has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions, it also covers the Global Switch Gear market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating the switch gear market space and discussed in this research are ABB Ltd., Siemens AG, and Alstom SA. Other vendors mentioned in the report are Bharat Heavy Electricals Ltd., Crompton Greaves Ltd., Eaton Corp., GE Co., Hyosung Corp., Mitsubishi Electric Corp., OJSC Power Machines, and Xian XD Switch Gear Electric Co. Ltd.
List of Exhibits provided in this research include:
Exhibit 1: Market Research Methodology
Exhibit 2: Global Switch Gear Market 2013-2018 (US$ billion)
Exhibit 3: Global Switch Gear Market by Application Segmentation 2013
Exhibit 4: Global Switch Gear Market by Application Segmentation 2013-2018
Exhibit 5: Global Low Voltage Switch Gear Market 2013-2018 (US$ billion)
Exhibit 6: Global Medium Voltage Switch Gear Market 2013-2018 (US$ billion)
Exhibit 7: Global High Voltage Switch Gear Market 2013-2018 (US$ billion)
Exhibit 8: Global Switch Gear Market by Geographical Segmentation 2013
Exhibit 9: Global Switch Gear Market by Geographical Segmentation 2013-2018
Exhibit 10: Switch Gear Market in APAC Region 2013-2018
Exhibit 11: Switch Gear Market in EMEA Region 2013-2018
Exhibit 12: Switch Gear Market in the Americas 2013-2018
Exhibit 13: Global Switch Gear Market by Vendor Segmentation 2013
Order a copy of Global Switch Gear Market 2014-2018 report at http://www.sandlerresearch.org/purchase?rname=11853 .
Explore more reports on the semiconductor and electronics market at http://www.sandlerresearch.org/market-research/semiconductor-electronics .
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