Asia Pacific Automatic Transfer Switch Market

Asia Pacific Automatic Transfer Switch Market Size, Share & Industry Trends Analysis Report By Switching Mechanism (Contactor, and Circuit), By End-Use (Residential, Commercial, Industrial), By Transition Mode, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-18492 Publication Date: November-2023 Number of Pages: 125
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Market Report Description

The Asia Pacific Automatic Transfer Switch Market would witness market growth of 10.7% CAGR during the forecast period (2023-2030).

In industries where uninterrupted power is critical, such as manufacturing plants, data centers, and healthcare facilities, ATS ensures a smooth transition between primary and backup power sources. This helps prevent downtime and ensures that critical processes and equipment remain operational. It is critical that the data center has uninterrupted power. In order to accomplish this objective, the power path systems must be routinely maintained and tested. Administrators of data centers must monitor the ATS regularly to ensure its dependability in the event of a power outage. Significant amounts of energy can be channeled through ATS units, stressing the electrical contacts; therefore, routine maintenance is essential. APC, Cummins Power Generation, Dell, General Electric, and Western Telematic are some ATS vendors. There are also manual power transfer switches, which need data center management to flip a switch instead of automatically switching to a new power source.

Power is the lifeblood of almost every operation in the modern world, and ATS is crucial to a wide range of businesses. For example, hospitals cannot afford their vital gear to have even a moment of downtime. Similarly, to guarantee a steady supply of electricity, manufacturing facilities, data centers, and even sizable residential complexes depend on ATS. Many industrial processes rely on sensitive electronic equipment that can be damaged if subjected to sudden power fluctuations or interruptions. ATS helps protect this equipment by providing a quick and automatic switch to an alternative power source in case of a mains power failure. Moreover, telecommunication infrastructure requires a consistent power supply to maintain connectivity. ATS helps telecom facilities quickly switch to backup power sources, ensuring that communication networks remain operational during power outages.

Energy security is a big reason why automatic transfer switches are increasingly used in this Asia pacific. This is because countries invest in backup power systems to lessen the effects of frequent blackouts caused by natural disasters, limited infrastructure, or high demand. This trend is evident in places where hurricanes, earthquakes, and other severe weather conditions happen often. Smart grid technologies are also becoming more popular, another reason why more automatic transfer switches are being bought. All the aforementioned factors are driving the market's growth.

The China market dominated the Asia Pacific Automatic Transfer Switch Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $159.5 Million by 2030. The Japan market is registering a CAGR of 9.9% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 11.3% during (2023 - 2030).

Based on Switching Mechanism, the market is segmented into Contactor, and Circuit. Based on End-Use, the market is segmented into Residential, Commercial, Industrial. Based on Transition Mode, the market is segmented into Closed, Soft Load, Open, and Delayed. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Global Automatic Transfer Switch Market is Predict to reach $1.5 Billion by 2030, at a CAGR of 10.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric Company, Siemens AG, Generac Holdings, Inc., ABB LTD., Kohler Co., Schneider Electric SE, Caterpillar, Inc., Cummins, Inc., Eaton Corporation PLC, Vertiv Holdings Co.

Scope of the Study

Market Segments Covered in the Report:

By Switching Mechanism

  • Contactor
  • Circuit

By End-Use

  • Residential
  • Commercial
  • Industrial

By Transition Mode

  • Closed
  • Soft Load
  • Open
  • Delayed

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • General Electric Company
  • Siemens AG
  • Generac Holdings, Inc.
  • ABB LTD.
  • Kohler Co.
  • Schneider Electric SE
  • Caterpillar, Inc.
  • Cummins, Inc.
  • Eaton Corporation PLC
  • Vertiv Holdings Co.
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