When utility power is lost, the automatic transfer switch (ATS) commands the generator to startup. When the generator is ready, it adjusts the emergency power. An automatic transfer switch is a device that senses a failure or outage in the primary source and automatically transfers a power supply from its prime source to a backup source. When a failure occurs in a primary power system, the ATS invokes a standby power source, such as an uninterruptable power supply. An ATS can also start up more long-term backup power systems, such as local diesel generators, to run electric equipment until utility power is restored.
Advance Market Analytics released the research report of Global Automatic Transfer Switches Market, offers a detailed overview of the factors influencing the global business scope. Automatic Transfer Switches Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Automatic Transfer Switches. This Report covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are Eaton Corporation (Ireland), Generac Power Systems, Inc. (United States), ASCO Power Technologies (United States), ABB (Switzerland), GE (United States), Taylor Power Systems Inc. (United States), KOHLER (United States), Briggs and Stratton (United States), Vertiv (United States), Socomec (United States), Emerson Electric Co. (United States), Eltek Power Systems (South Korea), Caterpillar Inc. (United States) and Regal Beloit (United States).
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Market Drivers
- Increasing Demand for Steady & Uninterrupted Power Supply across the World
Market Trend
- Rapid Adoption of Smart Grid Technology
Restraints
- Lack of Awareness of the Application of Transfer Switch in Emerging Economies
Opportunities
- The Growth in Urbanisation and Industrialisation in both Developing and Developed Countries
Challenges
- Requires Seismic Test & NFPA Approval
Market Highlights:
On March 13, 2019 – Generac Holdings Inc. (NYSE: GNRC), a global leader in the design and manufacture of a wide range of residential, commercial and industrial power products, announced today the signing and closing of a purchase agreement to acquire Neurio Technology Inc. The combination of Neurio’s intelligent energy management technology with Generac’s products, distribution, and market creation capabilities will create tremendous opportunities in how energy is used and managed in a home.
Overview of the Report of Automatic Transfer Switches
The report also covers segments and Market Data Break down, including: Type, Application, Transition Mode and major players. If you are involved in the Global Automatic Transfer Switches industry or aim to be, then this study will provide you inclusive point of view. This study analyzes the market share, growth rate, market drivers, future trends, restraints, opportunities and challenges.
Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017
Base year – 2018
Forecast period** – 2019 to 2025 [** unless otherwise stated]
**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.
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The Global Automatic Transfer Switches is segmented by following Product Types:
Single Generator Configurations, Multiple Generator Configurations
Major applications/end-users industry are:
Industrial, Commercial, Residential
Transition Mode: Open Transition, Closed Transition, Soft Load Transition, Delayed Transition
Top Players in the Market are: Eaton Corporation (Ireland), Generac Power Systems, Inc. (United States), ASCO Power Technologies (United States), ABB (Switzerland), GE (United States), Taylor Power Systems Inc. (United States), KOHLER (United States), Briggs and Stratton (United States), Vertiv (United States), Socomec (United States), Emerson Electric Co. (United States), Eltek Power Systems (South Korea), Caterpillar Inc. (United States) and Regal Beloit (United States)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
List of players also available in Coverage: Russelectric (United States) and Camsco Electric Co. (Taiwan)
The study objectives of this report are:
- To analyze Automatic Transfer Switches status, future forecast, growth opportunity, key market and key players.
- To present the Global Automatic Transfer Switches development in United States, Europe and Asia Pacific.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
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Strategic Points Covered in Table of Content of Global Automatic Transfer Switches Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automatic Transfer Switches market
Chapter 2: Exclusive Summary – the basic information of the Automatic Transfer Switches Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Automatic Transfer Switches
Chapter 4: Presenting the Automatic Transfer Switches Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Automatic Transfer Switches market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Automatic Transfer Switches Market is a valuable source of guidance for individuals and companies.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Automatic Transfer Switches Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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