Transfer Switch Market

1. Transfer Switch Market is estimated to reach US$ XX Mn by 2026 in terms of revenue at CAGR of XX % in the forecast period. Ongoing reforms toward the replacement of conventional generating technologies with sustainable energy sources across developed economies will act as a major driver of the Transfer Switch Market. The industry of transfer switches has witnessed a significant turnaround in recent years owing to the upsurge in investments toward large-scale renewable capacity integration. The technology has appreciably been perked because of the renewable energy targets pledged by the nations during the UN Climate Change Conference in 2015. In 2016, the European Union (EU) revised its renewable energy directive 2009/28/EC. The amendment lays binding norms of 27% final energy consumption from sustainable energy sources by 2030 across the region. Evolving technological precision favored by escalating industrial expenditure will drive the demand for a reliable and safe operating environment across industries. Favorable government initiatives pertaining to operational safety coupled with increasing demand for HVAC networks across industries will stimulate the transfer switch market growth. Ongoing regulatory reforms to amplify foreign direct investment (FDI) opportunities across industrial establishments will further boost the business outlook. Expeditious adoption of ancillary sources of power across commercial and residential establishments will embellish the transfer switch market share. Advancement in product efficiencies coupled with increasing concern towards the decline in standby losses and the cost of energy will further positively influence the business landscape of the transfer switch market.Transfer Switch Market Transfer Switch Market is majorly segmented by the operation, switching mechanism, transition, ampere rating,

2. installation, and region. Based on the operations segment, the manual is expected to dominate the global transfer switch market in 2017. Rapid commercialization and residential establishments across developing economies coupled with increasing concerns pertaining to energy security will fuel the manual Transfer Switch Market. Rising investments across the real estate sector favored by increasing refurbishment demand of existing conventional infrastructure across developed economies will also foster the business outlook of the manual transfer switch. In 2017, Blackstone supported by the Saudi Arabian government has proposed investments worth USD 40 billion across the U.S. infrastructure sector. Under ampere rating segment, ≤ 400 Ampere transfer switch held highest market share. Increasing demand for rural electrification across developing economies favored by the ongoing refurbishment of electrical networks across the developed regions will drive the ≤ 400 Ampere transfer switch market size. Frequent voltage fluctuations coupled with volatile phase change operations across residential and small-scale industrial establishments will foster the demand for backup power sources. In addition to this, it is the increasing penetration of auxiliary sources of power that will further enhance the product demand. North America held the highest market share in 2017 and is expected to have a higher growth rate in the current forecast period. The U.S. accounted for over 70% of the North America Transfer Switch Market share owing to the expediting replacement demand for existing grid infrastructure. Increasing adoption of customized products along with smart control switching technologies will also positively influence the business landscape. Department of Energy in the U.S. in 2015 re-enacted the Building America program with an aim to ensure the integration of a sustainable electrical network across the country. Henceforth, ongoing regulatory reforms favored by the amenable adoption of advancing switching technologies will foster the industry landscape of transfer switches within North America as well as globally. Key player across the transfer switch industry are Eaton, Schneider Electric, ABB, Siemens, and Russelectric. Bulk manufacturing coupled with extensive R&D investments toward the development of advanced protection & control technologies have been the prominent strategic implication that was adopted by the key participants. High-end tailored products and expansion of production facilities to cope with the amplifying demand for flexible product integration have prevailed as a few other critical factors influencing the industry rivalry within the Transfer Switch Market. For More Information Visit For More Information Visit @ @ https://www.maximizemarketresearch.com/market-report/transfer-switch-market/11635/ Market Scope:

3. By Operation • Manual • Non-Automatic • Automatic • By-pass Isolation By Switching Mechanism • Contactor • Circuit Breaker o Molded Case o Power Case By Transition • Closed • Open o Delayed o In-Phase By Ampere Rating • ≤ 400 • 401 to 1600 • >1600 By Installation • Emergency Systems • Legally Required Systems • Critical Operation Power Systems • Optional Standby Systems

4. By Geography • North America • Europe • Asia-Pacific • Middle East & Africa • Latin America Key Players operating in the market: • General Electric • Vertiv • Generac • Kohler • Cummins • Caterpillar • DynaGen • Briggs & Stratton • Eaton • Schneider Electric • ABB • Siemens • Russelectric • AEG • MBH Electric • Zhejiang Yuye Electric Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the current Transfer Switch Market outlook. The report encompasses the Transfer Switch Market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key

5. stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Transfer Switch Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain the Transfer Switch Market positioning of competitors. This Report Is Submitted By @ This Report Is Submitted By @ Maximize Maximize Market Research Company Market Research Company Customization of the report: Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact Us Contact Us: : Name: Name: Saurabh Gandhi Organization: Organization: MAXIMIZE MARKET RESEARCH Email: Email: sales@maximizemarketresearch.com Contact: Contact: +91 9607365656