Static Transfer Switches Market
Static Transfer Switches Market By Phase Type (Single phase, Three phase), By End use (Telecommunication, Automotive, Energy, Commercial buildings), By Sales Channel (Conventional Store, Online Channels, Direct Sales)- Global Review 2020 to 2030
Analysis of Static Transfer Switches market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Static Transfer Switches: Market Introduction
Increasing demand for electricity globally is facilitating numerous growth opportunities for static transfer switches market in recent past. With the growth of generator backed power supply and power utilities, the demand for static transfer switches is also expected to increase during forecast period. If any of the power sources between single phase and three phase goes off, then in such cases static transfer switches proves to be very effective in order to provide uninterrupted power supply.
As, these switches are capable of providing 20 times faster load transfer as compare to traditional automatic transfer switches and manual transfer switches, hence this helps uninterrupted power supply. Due to this demand for these switches is increasing rapidly.
Considering the importance of static transfer switch for supply of back-up power to the critical application in various industries such as IT, healthcare, manufacturing and telecommunication sector, static transfer switch market is expected to grow considerable pace during the forecast period (2020 to 2030).
There are some restraining factors which needs to be considered because these factors could affect the growth of market. Lack of awareness about static transfer switches among some developing regions and need for regular maintenance could be the factors restraining the growth of static transfer switches market.
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Static transfer switches market: Regional Outlook
East Asia and South Asia is expected to dominate static transfer switches market considering the development in the countries such as China and India. These regions are witnessing considerable growth in the automotive and power sector and technological upgradation in these regions is driving the growth of static transfer switches market. Therefore, these regions are expected to create noteworthy opportunities for static transfer switches manufacturers.
Also, North America region is expected contribute immensely in the growth of static transfer switches market. Technological advancements in the countries such as US helping the market to grow at considerable rate in North America region.
Key players in static transfer switches are working on key strategies to gain more market share:
Key players in static transfer switches are using various strategies such as new product launches, partnerships, investment in R&D activities and acquisitions. For instance, in 2017 ABB Company which operations mainly in robotics, power and electrical equipment has launched extension of Cyberex SuperSwitch 4 digital static transfer switch (DSTS).
This static transfer switch is designed with true fault tolerance effect and it is capable of detecting the power quality with optimum efficiency and reliability. Therefore, with such advancements in the product, the demand for static transfer switches is expected to increase which will ultimately help the market to grow.
Also, Schneider Electric, one of the key player in the market has been continuously trying to innovate its product offerings by investing high amount in R&D activities. These advanced static transfer switches are high in redundancy and also very reliable for automatic transfer between power sources.
Other key players in the static transfer switches market include Cummins, Honeywell, Emerson, Eaton corporation, Generac, APC, Delta Electronics, PDI Corp., Socomec and Vertiv.
The research report presents a comprehensive assessment of the static transfer switches market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. This static transfer switches market report provides analysis and information, according to market segments such as phase type, ampere rating, end use, distribution channel and region.
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The static transfer switches market report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
The static transfer switches market regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (UK, Germany, Spain, France, RoE)
- East Asia (China, Japan, South Korea)
- South Asia& Oceania (India, ASEAN, ANZ, Rest of Oceania)
- MEA (GCC Countries, South Africa, Turkey, Rest of MEA)
The static transfer switches market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The static transfer switches market report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The static transfer switches market report also maps the qualitative impact of various market factors on market segments and geographies.
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The static transfer switches market report highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Segmentation analysis of static transfer switches market:
Static transfer switches market is bifurcated into five major categories: phase type, ampere rating, end use, distribution channel and region.
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On the basis of phase type:
- Single phase
- Three phase
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On the basis of ampere rating:
- Less than 500 A
- 501-1000 A
- 1001-2000 A
- More than 2000 A
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On the basis of End use:
- Telecommunication
- Automotive
- Energy
- Commercial buildings
- Other
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On the basis of sales channel:
- Conventional Store
- Online Channels
- Direct Sales
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Based on the region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Phase Type
- 6.2. Ampere Rating
- 6.3. End Use
- 6.4. Sales Channel
- 7. Global Market Analysis and Forecast, By Phase Type
- 7.1. Single phase
- 7.2. Three phase
- 8. Global Market Analysis and Forecast, By Ampere Rating
- 8.1. Less than 500 A
- 8.2. 501-1000 A
- 8.3. 1001-2000 A
- 8.4. More than 2000 A
- 9. Global Market Analysis and Forecast, By End Use
- 9.1. Telecommunication
- 9.2. Automotive
- 9.3. Energy
- 9.4. Commercial buildings
- 9.5. Other
- 10. Global Market Analysis and Forecast, By Sales Channel
- 10.1. Conventional Store
- 10.2. Online Channels
- 10.3. Direct Sales
- 11. Global Market Analysis and Forecast, By Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Western Europe
- 11.4. Eastern Europe
- 11.5. East Asia
- 11.6. South Asia & Pacific
- 11.7. MEA
- 12. North America Sales Analysis and Forecast, by Key Segments and Countries
- 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 17. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 18. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 19. Sales Forecast by Phase Type, Ampere Rating, End Use, and Sales Channel for 30 Countries
- 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 21. Company Profile
- 21.1. Cummins
- 21.2. Honeywell
- 21.3. Emerson
- 21.4. Eaton Corporation
- 21.5. Generac
- 21.6. APC
- 21.7. Delta Electronics
- 21.8. PDI Corp.
- 21.9. Socomec
- 21.10. Vertiv
- FAQs -
how is demand for static transfer switches growing?
Demand for static transfer switches is likely to grow at a CAGR of 6.78% through the forecast period.
Why do static transfer switches have high growth potential?
Supplies back-up power to critical applications in industries such as IT, healthcare, telecommunication sector, etc.
Where will manufacturers find most opportunities in the static transfer switches market?
Asia Pacific is the leading regional market for static transfer switches.
Static Transfer Switches Market