Global Transfer Switches Market Growth 2023-2029

This report studies the Transfer Switches market. The transfer switch (TS) is an electrical device that allows the transfer of power sources to the load. This superior switching methodology means that if one power source fails, the TS switch connects the load to the back-up power source. The switch market comprises of two transfer switches, namely the automatic transfer switch (ATS) and manual transfer switch (MTS).

LPI (LP Information)' newest research report, the “Transfer Switches Industry Forecast” looks at past sales and reviews total world Transfer Switches sales in 2022, providing a comprehensive analysis by region and market sector of projected Transfer Switches sales for 2023 through 2029. With Transfer Switches sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transfer Switches industry.

This Insight Report provides a comprehensive analysis of the global Transfer Switches landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Transfer Switches portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Transfer Switches market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transfer Switches and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Transfer Switches.

The global Transfer Switches market size is projected to grow from US$ 966.3 million in 2022 to US$ 1474.6 million in 2029; it is expected to grow at a CAGR of 1474.6 from 2023 to 2029.

North America is the largest market with about 30% market share. Europe and Japan are follower, accounting for about 45% market share.

The key players are Vertiv, GE, Eaton, Cummins, KOHLER, ABB, Briggs & Stratton, GENERAC, Socomec, Thomson Power Systems etc. Top 3 companies occupied about 45% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Transfer Switches market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Automatic Transfer Switches
    Manual Transfer Switches

Segmentation by application
    Industrial
    Commercial
    Residential

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Vertiv
    GE
    Eaton
    Cummins
    KOHLER
    ABB
    Briggs & Stratton
    GENERAC
    Socomec
    Thomson Power Systems

Key Questions Addressed in this Report
What is the 10-year outlook for the global Transfer Switches market?
What factors are driving Transfer Switches market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Transfer Switches market opportunities vary by end market size?
How does Transfer Switches break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Transfer Switches Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Transfer Switches Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Automatic Transfer Switches
    Table 4. Major Players of Manual Transfer Switches
    Table 5. Global Transfer Switches Sales by Type (2018-2023) & (K Units)
    Table 6. Global Transfer Switches Sales Market Share by Type (2018-2023)
    Table 7. Global Transfer Switches Revenue by Type (2018-2023) & ($ million)
    Table 8. Global Transfer Switches Revenue Market Share by Type (2018-2023)
    Table 9. Global Transfer Switches Sale Price by Type (2018-2023) & (USD/Unit)
    Table 10. Global Transfer Switches Sales by Application (2018-2023) & (K Units)
    Table 11. Global Transfer Switches Sales Market Share by Application (2018-2023)
    Table 12. Global Transfer Switches Revenue by Application (2018-2023)
    Table 13. Global Transfer Switches Revenue Market Share by Application (2018-2023)
    Table 14. Global Transfer Switches Sale Price by Application (2018-2023) & (USD/Unit)
    Table 15. Global Transfer Switches Sales by Company (2018-2023) & (K Units)
    Table 16. Global Transfer Switches Sales Market Share by Company (2018-2023)
    Table 17. Global Transfer Switches Revenue by Company (2018-2023) ($ Millions)
    Table 18. Global Transfer Switches Revenue Market Share by Company (2018-2023)
    Table 19. Global Transfer Switches Sale Price by Company (2018-2023) & (USD/Unit)
    Table 20. Key Manufacturers Transfer Switches Producing Area Distribution and Sales Area
    Table 21. Players Transfer Switches Products Offered
    Table 22. Transfer Switches Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 23. New Products and Potential Entrants
    Table 24. Mergers & Acquisitions, Expansion
    Table 25. Global Transfer Switches Sales by Geographic Region (2018-2023) & (K Units)
    Table 26. Global Transfer Switches Sales Market Share Geographic Region (2018-2023)
    Table 27. Global Transfer Switches Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 28. Global Transfer Switches Revenue Market Share by Geographic Region (2018-2023)
    Table 29. Global Transfer Switches Sales by Country/Region (2018-2023) & (K Units)
    Table 30. Global Transfer Switches Sales Market Share by Country/Region (2018-2023)
    Table 31. Global Transfer Switches Revenue by Country/Region (2018-2023) & ($ millions)
    Table 32. Global Transfer Switches Revenue Market Share by Country/Region (2018-2023)
    Table 33. Americas Transfer Switches Sales by Country (2018-2023) & (K Units)
    Table 34. Americas Transfer Switches Sales Market Share by Country (2018-2023)
    Table 35. Americas Transfer Switches Revenue by Country (2018-2023) & ($ Millions)
    Table 36. Americas Transfer Switches Revenue Market Share by Country (2018-2023)
    Table 37. Americas Transfer Switches Sales by Type (2018-2023) & (K Units)
    Table 38. Americas Transfer Switches Sales by Application (2018-2023) & (K Units)
    Table 39. APAC Transfer Switches Sales by Region (2018-2023) & (K Units)
    Table 40. APAC Transfer Switches Sales Market Share by Region (2018-2023)
    Table 41. APAC Transfer Switches Revenue by Region (2018-2023) & ($ Millions)
    Table 42. APAC Transfer Switches Revenue Market Share by Region (2018-2023)
    Table 43. APAC Transfer Switches Sales by Type (2018-2023) & (K Units)
    Table 44. APAC Transfer Switches Sales by Application (2018-2023) & (K Units)
    Table 45. Europe Transfer Switches Sales by Country (2018-2023) & (K Units)
    Table 46. Europe Transfer Switches Sales Market Share by Country (2018-2023)
    Table 47. Europe Transfer Switches Revenue by Country (2018-2023) & ($ Millions)
    Table 48. Europe Transfer Switches Revenue Market Share by Country (2018-2023)
    Table 49. Europe Transfer Switches Sales by Type (2018-2023) & (K Units)
    Table 50. Europe Transfer Switches Sales by Application (2018-2023) & (K Units)
    Table 51. Middle East & Africa Transfer Switches Sales by Country (2018-2023) & (K Units)
    Table 52. Middle East & Africa Transfer Switches Sales Market Share by Country (2018-2023)
    Table 53. Middle East & Africa Transfer Switches Revenue by Country (2018-2023) & ($ Millions)
    Table 54. Middle East & Africa Transfer Switches Revenue Market Share by Country (2018-2023)
    Table 55. Middle East & Africa Transfer Switches Sales by Type (2018-2023) & (K Units)
    Table 56. Middle East & Africa Transfer Switches Sales by Application (2018-2023) & (K Units)
    Table 57. Key Market Drivers & Growth Opportunities of Transfer Switches
    Table 58. Key Market Challenges & Risks of Transfer Switches
    Table 59. Key Industry Trends of Transfer Switches
    Table 60. Transfer Switches Raw Material
    Table 61. Key Suppliers of Raw Materials
    Table 62. Transfer Switches Distributors List
    Table 63. Transfer Switches Customer List
    Table 64. Global Transfer Switches Sales Forecast by Region (2024-2029) & (K Units)
    Table 65. Global Transfer Switches Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 66. Americas Transfer Switches Sales Forecast by Country (2024-2029) & (K Units)
    Table 67. Americas Transfer Switches Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 68. APAC Transfer Switches Sales Forecast by Region (2024-2029) & (K Units)
    Table 69. APAC Transfer Switches Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 70. Europe Transfer Switches Sales Forecast by Country (2024-2029) & (K Units)
    Table 71. Europe Transfer Switches Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 72. Middle East & Africa Transfer Switches Sales Forecast by Country (2024-2029) & (K Units)
    Table 73. Middle East & Africa Transfer Switches Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Global Transfer Switches Sales Forecast by Type (2024-2029) & (K Units)
    Table 75. Global Transfer Switches Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 76. Global Transfer Switches Sales Forecast by Application (2024-2029) & (K Units)
    Table 77. Global Transfer Switches Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 78. Vertiv Basic Information, Transfer Switches Manufacturing Base, Sales Area and Its Competitors
    Table 79. Vertiv Transfer Switches Product Portfolios and Specifications
    Table 80. Vertiv Transfer Switches Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 81. Vertiv Main Business
    Table 82. Vertiv Latest Developments
    Table 83. GE Basic Information, Transfer Switches Manufacturing Base, Sales Area and Its Competitors
    Table 84. GE Transfer Switches Product Portfolios and Specifications
    Table 85. GE Transfer Switches Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 86. GE Main Business
    Table 87. GE Latest Developments
    Table 88. Eaton Basic Information, Transfer Switches Manufacturing Base, Sales Area and Its Competitors
    Table 89. Eaton Transfer Switches Product Portfolios and Specifications
    Table 90. Eaton Transfer Switches Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 91. Eaton Main Business
    Table 92. Eaton Latest Developments
    Table 93. Cummins Basic Information, Transfer Switches Manufacturing Base, Sales Area and Its Competitors
    Table 94. Cummins Transfer Switches Product Portfolios and Specifications
    Table 95. Cummins Transfer Switches Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 96. Cummins Main Business
    Table 97. Cummins Latest Developments
    Table 98. KOHLER Basic Information, Transfer Switches Manufacturing Base, Sales Area and Its Competitors
    Table 99. KOHLER Transfer Switches Product Portfolios and Specifications
    Table 100. KOHLER Transfer Switches Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 101. KOHLER Main Business
    Table 102. KOHLER Latest Developments
    Table 103. ABB Basic Information, Transfer Switches Manufacturing Base, Sales Area and Its Competitors
    Table 104. ABB Transfer Switches Product Portfolios and Specifications
    Table 105. ABB Transfer Switches Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 106. ABB Main Business
    Table 107. ABB Latest Developments
    Table 108. Briggs & Stratton Basic Information, Transfer Switches Manufacturing Base, Sales Area and Its Competitors
    Table 109. Briggs & Stratton Transfer Switches Product Portfolios and Specifications
    Table 110. Briggs & Stratton Transfer Switches Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 111. Briggs & Stratton Main Business
    Table 112. Briggs & Stratton Latest Developments
    Table 113. GENERAC Basic Information, Transfer Switches Manufacturing Base, Sales Area and Its Competitors
    Table 114. GENERAC Transfer Switches Product Portfolios and Specifications
    Table 115. GENERAC Transfer Switches Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 116. GENERAC Main Business
    Table 117. GENERAC Latest Developments
    Table 118. Socomec Basic Information, Transfer Switches Manufacturing Base, Sales Area and Its Competitors
    Table 119. Socomec Transfer Switches Product Portfolios and Specifications
    Table 120. Socomec Transfer Switches Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 121. Socomec Main Business
    Table 122. Socomec Latest Developments
    Table 123. Thomson Power Systems Basic Information, Transfer Switches Manufacturing Base, Sales Area and Its Competitors
    Table 124. Thomson Power Systems Transfer Switches Product Portfolios and Specifications
    Table 125. Thomson Power Systems Transfer Switches Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 126. Thomson Power Systems Main Business
    Table 127. Thomson Power Systems Latest Developments
List of Figures
    Figure 1. Picture of Transfer Switches
    Figure 2. Transfer Switches Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Transfer Switches Sales Growth Rate 2018-2029 (K Units)
    Figure 7. Global Transfer Switches Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Transfer Switches Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Automatic Transfer Switches
    Figure 10. Product Picture of Manual Transfer Switches
    Figure 11. Global Transfer Switches Sales Market Share by Type in 2022
    Figure 12. Global Transfer Switches Revenue Market Share by Type (2018-2023)
    Figure 13. Transfer Switches Consumed in Industrial
    Figure 14. Global Transfer Switches Market: Industrial (2018-2023) & (K Units)
    Figure 15. Transfer Switches Consumed in Commercial
    Figure 16. Global Transfer Switches Market: Commercial (2018-2023) & (K Units)
    Figure 17. Transfer Switches Consumed in Residential
    Figure 18. Global Transfer Switches Market: Residential (2018-2023) & (K Units)
    Figure 19. Global Transfer Switches Sales Market Share by Application (2022)
    Figure 20. Global Transfer Switches Revenue Market Share by Application in 2022
    Figure 21. Transfer Switches Sales Market by Company in 2022 (K Units)
    Figure 22. Global Transfer Switches Sales Market Share by Company in 2022
    Figure 23. Transfer Switches Revenue Market by Company in 2022 ($ Million)
    Figure 24. Global Transfer Switches Revenue Market Share by Company in 2022
    Figure 25. Global Transfer Switches Sales Market Share by Geographic Region (2018-2023)
    Figure 26. Global Transfer Switches Revenue Market Share by Geographic Region in 2022
    Figure 27. Americas Transfer Switches Sales 2018-2023 (K Units)
    Figure 28. Americas Transfer Switches Revenue 2018-2023 ($ Millions)
    Figure 29. APAC Transfer Switches Sales 2018-2023 (K Units)
    Figure 30. APAC Transfer Switches Revenue 2018-2023 ($ Millions)
    Figure 31. Europe Transfer Switches Sales 2018-2023 (K Units)
    Figure 32. Europe Transfer Switches Revenue 2018-2023 ($ Millions)
    Figure 33. Middle East & Africa Transfer Switches Sales 2018-2023 (K Units)
    Figure 34. Middle East & Africa Transfer Switches Revenue 2018-2023 ($ Millions)
    Figure 35. Americas Transfer Switches Sales Market Share by Country in 2022
    Figure 36. Americas Transfer Switches Revenue Market Share by Country in 2022
    Figure 37. Americas Transfer Switches Sales Market Share by Type (2018-2023)
    Figure 38. Americas Transfer Switches Sales Market Share by Application (2018-2023)
    Figure 39. United States Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 40. Canada Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 41. Mexico Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 42. Brazil Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 43. APAC Transfer Switches Sales Market Share by Region in 2022
    Figure 44. APAC Transfer Switches Revenue Market Share by Regions in 2022
    Figure 45. APAC Transfer Switches Sales Market Share by Type (2018-2023)
    Figure 46. APAC Transfer Switches Sales Market Share by Application (2018-2023)
    Figure 47. China Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 48. Japan Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 49. South Korea Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 50. Southeast Asia Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 51. India Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 52. Australia Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 53. China Taiwan Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 54. Europe Transfer Switches Sales Market Share by Country in 2022
    Figure 55. Europe Transfer Switches Revenue Market Share by Country in 2022
    Figure 56. Europe Transfer Switches Sales Market Share by Type (2018-2023)
    Figure 57. Europe Transfer Switches Sales Market Share by Application (2018-2023)
    Figure 58. Germany Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 59. France Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 60. UK Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 61. Italy Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 62. Russia Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 63. Middle East & Africa Transfer Switches Sales Market Share by Country in 2022
    Figure 64. Middle East & Africa Transfer Switches Revenue Market Share by Country in 2022
    Figure 65. Middle East & Africa Transfer Switches Sales Market Share by Type (2018-2023)
    Figure 66. Middle East & Africa Transfer Switches Sales Market Share by Application (2018-2023)
    Figure 67. Egypt Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 68. South Africa Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 69. Israel Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 70. Turkey Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 71. GCC Country Transfer Switches Revenue Growth 2018-2023 ($ Millions)
    Figure 72. Manufacturing Cost Structure Analysis of Transfer Switches in 2022
    Figure 73. Manufacturing Process Analysis of Transfer Switches
    Figure 74. Industry Chain Structure of Transfer Switches
    Figure 75. Channels of Distribution
    Figure 76. Global Transfer Switches Sales Market Forecast by Region (2024-2029)
    Figure 77. Global Transfer Switches Revenue Market Share Forecast by Region (2024-2029)
    Figure 78. Global Transfer Switches Sales Market Share Forecast by Type (2024-2029)
    Figure 79. Global Transfer Switches Revenue Market Share Forecast by Type (2024-2029)
    Figure 80. Global Transfer Switches Sales Market Share Forecast by Application (2024-2029)
    Figure 81. Global Transfer Switches Revenue Market Share Forecast by Application (2024-2029)

Vertiv
GE
Eaton
Cummins
KOHLER
ABB
Briggs & Stratton
GENERAC
Socomec
Thomson Power Systems

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape