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Global Transfer Switch Market 2016-2020

About Transfer Switch

A transfer switch shifts electrical loads or distribution systems between two power sources; it is an essential part of standby or emergency power system. Transfer switches are used in a broad range of applications, such as data centers, hospitals, diagnostic, and other health care centers, factories, warehouses, and other commercial set-ups such as financial institutions. These facilities require uninterrupted power supply for continuous operations, and therefore, use auxiliary power source, such as a generator or backup utility feed. In the case of power failure from the primary supply, the transfer switch shifts all the equipment that is connected to main supply to the auxiliary power source. Thus, transfer switches form an essential component of the electrical systems in facilities requiring a continuous power supply.

Technavio’s analysts forecast the global transfer switch market to grow at a CAGR of 6.92% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global transfer switch market for 2016-2020. To calculate the market size, the report considers the demand for transfer switches from the end-users industries.

The market is divided into the following segments based on geography:

  • North America
  • APAC
  • Europe
  • ROW
Technavio's report, Global Transfer Switch Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Cummins
  • Eaton
  • Emerson Electric
  • General Electric
Other prominent vendors
  • Camsco Electric
  • Generac
  • Kohler
  • Mitsubishi Electric
  • MTS Power Products
  • Russelectric
  • Schneider Electric
  • Lex Products
  • Caterpillar
  • Dynagen Technologies
Market driver
  • Demand from data center construction sector
  • For a full, detailed list, view our report
Market challenge
  • Fluctuations in raw material prices
  • For a full, detailed list, view our report
Market trend
  • Growing popularity of EVs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Transfer Switch Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Transfer Switch Market: ABB, Cummins, Eaton, Emerson Electric, and General Electric.

Other Prominent Vendors in the market are: Camsco Electric, Generac, Kohler, Mitsubishi Electric, MTS Power Products, Russelectric, Schneider Electric, Lex Products, Caterpillar, and Dynagen Technologies.

Commenting on the report, an analyst from Technavio’s team said: “Transfer switches are employed in charging stations for EVs. With the rise in production of EVs and HEVs, we expect an increased construction of these charging stations, which will drive the demand for transfer switches.”

According to the report, the market is driven by the demand for transfer switches from data centers, telecom power systems, and healthcare facilities. The telecom industry is a major end-user of transfer switches. The telecom companies aim at ensuring continuous service to the customers, for which the telecom towers are required to have a constant and sufficient access to power supply. Therefore, this sector offers significant potential for market growth of transfer switches.

Further, the report states that fluctuating prices of raw materials have become a major concern for vendors as these hamper their plans while forecasting demand and developing and executing manufacturing plans and inventory management. Such fluctuations can also result in reduced profit margins for vendors

Companies Mentioned

ABB, Cummins, Eaton, Emerson Electric, General Electric, Camsco Electric, Generac, Kohler, Mitsubishi Electric, MTS Power Products, Russelectric, Schneider Electric, Lex Products, Caterpillar, Dynagen Technologies.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global transfer switch market
    • Market size and forecast
      • Table Global transfer switch market ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Global transfer switch market by end-users
      • Table Global transfer switch market by end-users
    • Transfer switch market in industrial sector
      • Table Transfer switch market in industrial sector ($ millions)
    • Transfer switch market in commercial sector
      • Table Transfer switch market in commercial sector ($ millions)
    • Transfer switch market in residential sector
      • Table Transfer switch market in residential sector ($ millions)
      • Table Number of new privately-owned housing units completed in the US 2011-2015 (thousands of units)
      • Table Housing unit sales in top seven cities in India 2014-2015 (thousands of units)
  • Geographical segmentation
    • Market segmentation by geography
      • Table Market segmentation by geography 2015 and 2020
    • Transfer switch market in APAC
      • Table Transfer switch market in APAC ($ millions)
    • Transfer switch market in North America
      • Table Transfer switch market in North America 2015-2020 ($ millions)
      • Table Smart grid project value in Canada by technology area 2005-2014
    • Transfer switch market in Europe
      • Table Transfer switch market in Europe 2015-2020 ($ millions)
      • Table Hotel projects in Milan 2015
  • Key leading countries
    • US
      • Table Transfer switch market in the US 2015-2020 ($ millions)
      • Table Tax exemptions on data centers in US states
    • China
      • Table Transfer switch market in China 2015-2020 ($ millions)
      • Table EV sales in China 2014-2015
  • Market drivers
    • Demand from data center construction sector
      • Table Electrical system in a data center
    • Smart grid developments driving market demand
    • Growth of microgrid networks
      • Table Global microgrid market by revenue and installed capacity 2015-2020 ($ billions and GW)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Fluctuations in raw material prices
      • Table Aluminum price ($ per ton) and percentage change in price 2014-2015
      • Table Percentage change in aluminum price 2014-2015
      • Table Steel price June 2015-December 2015 ($ per metric ton)
    • Regulations and standards
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growing popularity of EVs
      • Table World HEV sales 2010-2014 (millions of units)
      • Table Public EV charging stations installed worldwide 2010-2015 (thousands of units)
    • Demand for telecom towers in APAC
      • Table Telecom towers installed in major countries in APAC 2014 (millions)
    • Expanding healthcare sector
      • Table Total number of registered hospitals in the US 2015
      • Table Private hospital market in India 2009-2015 ($ billions)
    • Increase in use of integrated systems
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • ABB
    • Cummins
    • Eaton
    • Emerson Electric
    • GE
  • Appendix
    • List of abbreviations
  • Explore Technavio

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