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The automatic transfer switches market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size. This study identifies the growing popularity of microgrid networks, increasing renewable power in the global energy mix, and the rising use of integrated systems as some of the prime reasons driving the automatic transfer switches market growth during the next few years. Commercial and residential units in rural areas have also increased, thus putting extra pressure on the utility. Therefore, to cater to all the energy needs in remote locations, in many countries, the government provides incentives to promote renewable power generation and microgrids. This, in turn, will propel the automatic transfer switches market growth during the forecast period.
However, the impact of regulatory standards on ATS design is one of the factors hampering the automatic transfer switches market growth. The automatic transfer switches market is regulated by various international and regional electrical commissions, and all ATS products that enter the market are subjected to stringent regulations. Although manufacturers are trying to provide technical and design assistance, specifying time-based WCR before evaluating fault current will not only increase the size of the automatic transfer switch but also result in a more expensive product than necessary. This factor will impede the automatic transfer switches market growth during the forecast period.
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Technavio analyzes the market by End-user (Industrial, Commercial, and Residential) and Geography (APAC, North America, Europe, South America, and the Middle East and Africa).
- Revenue-generating Segment Highlights: The automatic transfer switches market share growth by the industrial segment will be significant during the forecast period. The industrial segment includes process and discrete industries. A majority of the revenue in the industrial segment is from process industries such as utilities, oil and gas, and pharmaceutical. On the other hand, discrete industries such as automotive and healthcare observed an increase in the adoption of automatic transfer switches owing to the need for an uninterrupted power supply. Such an increasing adoption of automatic transfer switches in the industrial segment will drive market growth.
- Regional Opportunities: 37% of the market's growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for the automatic transfer switches market in APAC. Market growth in this region will be slower than the growth of the market in South America. Rapid urbanization and the increase in the number of commercial establishments will facilitate the automatic transfer switches market growth in APAC over the forecast period.
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The automatic transfer switches market covers the following areas:
This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters
Automatic Transfer Switches Market Sizing
Automatic Transfer Switches Market Forecast
Automatic Transfer Switches Market Analysis
Companies Mentioned
- ABB Ltd.
- alfanar Group
- Briggs and Stratton LLC
- Camsco
- Caterpillar Inc.
- Cummins Inc.
- Eaton Corp. Plc
- Generac Power Systems Inc.
- Gulf Electrical Distribution Apparatuses Co. Ltd.
- Kohler Co.
- Kusum Engineering Works
- Maxge Electrical Technology Co Ltd
- Regal Rexnord Corp.
- Schneider Electric SE
- Siemens AG
- SM Controls
- SOCOMEC Group
- THE DELTA GROUP
- Vertiv Holdings Co.
- Winfull Technology Co. Ltd.
- Access extensive vendor profiles and their strategic initiatives in this PDF Sample
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Automatic Transfer Switches Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.75% |
Market growth 2022-2026 |
$ 248.77 million |
Market structure |
Fragmented |
YoY growth (%) |
5.9 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 37% |
Key consumer countries |
US, China, Japan, India, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ABB Ltd., alfanar Group, Briggs and Stratton LLC, Camsco, Caterpillar Inc., Cummins Inc., Eaton Corp. Plc, Generac Power Systems Inc., Gulf Electrical Distribution Apparatuses Co. Ltd., Kohler Co., Kusum Engineering Works, Maxge Electrical Technology Co Ltd, Regal Rexnord Corp., Schneider Electric SE, Siemens AG, SM Controls, SOCOMEC Group, THE DELTA GROUP, Vertiv Holdings Co., and Winfull Technology Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user
- 5.3 Industrial - Market size and forecast 2021-2026
- Exhibit 28: Chart on Industrial - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Industrial - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Industrial - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Industrial - Year-over-year growth 2021-2026 (%)
- 5.4 Commercial - Market size and forecast 2021-2026
- Exhibit 32: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Commercial - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
- 5.5 Residential - Market size and forecast 2021-2026
- Exhibit 36: Chart on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Residential - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Residential - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by End-user
- Exhibit 40: Market opportunity by End-user ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Japan - Market size and forecast 2021-2026
- Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.11 UK - Market size and forecast 2021-2026
- Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.12 India - Market size and forecast 2021-2026
- Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 ABB Ltd.
- Exhibit 93: ABB Ltd. - Overview
- Exhibit 94: ABB Ltd. - Business segments
- Exhibit 95: ABB Ltd. - Key offerings
- Exhibit 96: ABB Ltd. - Segment focus
- 10.4 Cummins Inc.
- Exhibit 97: Cummins Inc. - Overview
- Exhibit 98: Cummins Inc. - Business segments
- Exhibit 99: Cummins Inc. - Key offerings
- Exhibit 100: Cummins Inc. - Segment focus
- 10.5 Eaton Corp. Plc
- Exhibit 101: Eaton Corp. Plc - Overview
- Exhibit 102: Eaton Corp. Plc - Business segments
- Exhibit 103: Eaton Corp. Plc - Key news
- Exhibit 104: Eaton Corp. Plc - Key offerings
- Exhibit 105: Eaton Corp. Plc - Segment focus
- 10.6 Generac Power Systems Inc.
- Exhibit 106: Generac Power Systems Inc. - Overview
- Exhibit 107: Generac Power Systems Inc. - Business segments
- Exhibit 108: Generac Power Systems Inc. - Key news
- Exhibit 109: Generac Power Systems Inc. - Key offerings
- Exhibit 110: Generac Power Systems Inc. - Segment focus
- 10.7 Kohler Co.
- Exhibit 111: Kohler Co. - Overview
- Exhibit 112: Kohler Co. - Product / Service
- Exhibit 113: Kohler Co. - Key news
- Exhibit 114: Kohler Co. - Key offerings
- 10.8 Regal Rexnord Corp.
- Exhibit 115: Regal Rexnord Corp. - Overview
- Exhibit 116: Regal Rexnord Corp. - Business segments
- Exhibit 117: Regal Rexnord Corp. - Key offerings
- Exhibit 118: Regal Rexnord Corp. - Segment focus
- 10.9 Schneider Electric SE
- Exhibit 119: Schneider Electric SE - Overview
- Exhibit 120: Schneider Electric SE - Business segments
- Exhibit 121: Schneider Electric SE - Key news
- Exhibit 122: Schneider Electric SE - Key offerings
- Exhibit 123: Schneider Electric SE - Segment focus
- 10.10 Siemens AG
- Exhibit 124: Siemens AG - Overview
- Exhibit 125: Siemens AG - Business segments
- Exhibit 126: Siemens AG - Key news
- Exhibit 127: Siemens AG - Key offerings
- Exhibit 128: Siemens AG - Segment focus
- 10.11 SOCOMEC Group
- Exhibit 129: SOCOMEC Group - Overview
- Exhibit 130: SOCOMEC Group - Product / Service
- Exhibit 131: SOCOMEC Group - Key offerings
- 10.12 Vertiv Holdings Co.
- Exhibit 132: Vertiv Holdings Co. - Overview
- Exhibit 133: Vertiv Holdings Co. - Business segments
- Exhibit 134: Vertiv Holdings Co. - Key news
- Exhibit 135: Vertiv Holdings Co. - Key offerings
- Exhibit 136: Vertiv Holdings Co. - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 137: Inclusions checklist
- Exhibit 138: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 139: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 140: Research methodology
- Exhibit 141: Validation techniques employed for market sizing
- Exhibit 142: Information sources
- 11.5 List of abbreviations
- Exhibit 143: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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