The Asia Pacific Transfer Switch Market would witness market growth of 7.1% CAGR during the forecast period (2022-2028).
Electronic and data processing loads, motor and generator loads, load curtailment systems, and typical load switching applications in which even the briefest period of load interruption is unacceptable are examples of loads that require closed changeover transfer. In the event of a power outage, a UPS (uninterruptible power supply) supplies power for a specified period with stored energy; a CTTS does not replace a UPS. Simply put, a CTTS ensures that there won't be any brief power loss when the load is moved from one live source of power to another.
A static transfer switch moves a load between two sources using power semiconductors like silicon-controlled rectifiers (SCRs). The transfer can happen quickly possibly within a quarter-cycle of the line frequency, there are no moving mechanical parts involved. When there are reliable, independent power sources available and the load needs to be protected against surges or sags in the primary power source or from even brief interruptions of a few power frequency cycles, static transfer switches can be employed.
China started its national research and development (R&D) programs more than 20 years ago, and more recently, it has broadened these programs to include research into energy efficiency and building energy. The Chinese government is now organizing several R&D initiatives, which will be carried out by research facilities, academic institutions, and government-run laboratories. It would be simpler to collaborate and, where it occurs, would speed up results for both nations if Chinese R&D projects were studied and contrasted with the objectives and ambitions of the Department of Energy (DOE).
The China market dominated the Asia Pacific Transfer Switch Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $233 million by 2028. The Japan market is estimated to grow a CAGR of 6.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 7.7% during (2022 - 2028).
Based on End Use, the market is segmented into Residential, Industrial, and Commercial. Based on Type, the market is segmented into Manual and Automatic. Based on Transition Mode, the market is segmented into Closed, Open, Soft Load, 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 Worldwide Transfer Switch Market is Projected to reach USD 2.2 Billion by 2028, at a CAGR of 6.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Schneider Electric SE, ABB Group, General Electric (GE) Co., Generac Holdings, Inc., Cummins, Inc., Caterpillar, Inc., Emerson Electric Co., Eaton Corporation PLC, and Kohler Co.
Scope of the Study
Market Segments Covered in the Report:
By End Use
- Residential
- Industrial
- Commercial
By Type
By Transition Mode
- Closed
- Open
- Soft Load
- Delayed
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- Schneider Electric SE
- ABB Group
- General Electric (GE) Co.
- Generac Holdings, Inc.
- Cummins, Inc.
- Caterpillar, Inc.
- Emerson Electric Co.
- Eaton Corporation PLC
- Kohler Co.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Transfer Switch Market, by End Use
1.4.2 Asia Pacific Transfer Switch Market, by Type
1.4.3 Asia Pacific Transfer Switch Market, by Transition Mode
1.4.4 Asia Pacific Transfer Switch Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. Asia Pacific Transfer Switch Market by End Use
4.1 Asia Pacific Residential Market by Country
4.2 Asia Pacific Industrial Market by Country
4.3 Asia Pacific Commercial Market by Country
Chapter 5. Asia Pacific Transfer Switch Market by Type
5.1 Asia Pacific Manual Market by Country
5.2 Asia Pacific Automatic Market by Country
Chapter 6. Asia Pacific Transfer Switch Market by Transition Mode
6.1 Asia Pacific Closed Market by Country
6.2 Asia Pacific Open Market by Country
6.3 Asia Pacific Soft Load Market by Country
6.4 Asia Pacific Delayed Market by Country
Chapter 7. Asia Pacific Transfer Switch Market by Country
7.1 China Transfer Switch Market
7.1.1 China Transfer Switch Market by End Use
7.1.2 China Transfer Switch Market by Type
7.1.3 China Transfer Switch Market by Transition Mode
7.2 Japan Transfer Switch Market
7.2.1 Japan Transfer Switch Market by End Use
7.2.2 Japan Transfer Switch Market by Type
7.2.3 Japan Transfer Switch Market by Transition Mode
7.3 India Transfer Switch Market
7.3.1 India Transfer Switch Market by End Use
7.3.2 India Transfer Switch Market by Type
7.3.3 India Transfer Switch Market by Transition Mode
7.4 South Korea Transfer Switch Market
7.4.1 South Korea Transfer Switch Market by End Use
7.4.2 South Korea Transfer Switch Market by Type
7.4.3 South Korea Transfer Switch Market by Transition Mode
7.5 Singapore Transfer Switch Market
7.5.1 Singapore Transfer Switch Market by End Use
7.5.2 Singapore Transfer Switch Market by Type
7.5.3 Singapore Transfer Switch Market by Transition Mode
7.6 Malaysia Transfer Switch Market
7.6.1 Malaysia Transfer Switch Market by End Use
7.6.2 Malaysia Transfer Switch Market by Type
7.6.3 Malaysia Transfer Switch Market by Transition Mode
7.7 Rest of Asia Pacific Transfer Switch Market
7.7.1 Rest of Asia Pacific Transfer Switch Market by End Use
7.7.2 Rest of Asia Pacific Transfer Switch Market by Type
7.7.3 Rest of Asia Pacific Transfer Switch Market by Transition Mode
Chapter 8. Company Profiles
8.1 Siemens AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Schneider Electric SE
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 ABB Group
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 General Electric (GE) Co.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Generac Holdings, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisition and Mergers:
8.6 Cummins, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Acquisition and Mergers:
8.7 Caterpillar, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.8 Emerson Electric Co.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.9 Eaton Corporation PLC
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Research & Development Expense
8.10. Kohler Co.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
8.10.2.2 Geographical Expansions:
TABLE 1 Asia Pacific Transfer Switch Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Transfer Switch Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Transfer Switch Market
TABLE 4 Product Launches And Product Expansions– Transfer Switch Market
TABLE 5 Acquisition and Mergers– Transfer Switch Market
TABLE 6 eographical Expansions– transfer switch Market
TABLE 7 Asia Pacific Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Residential Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Residential Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Industrial Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Industrial Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Commercial Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Commercial Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Manual Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Manual Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Automatic Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Automatic Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Closed Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Closed Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Open Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Open Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Soft Load Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Soft Load Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Delayed Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Delayed Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Transfer Switch Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Transfer Switch Market by Country, 2022 - 2028, USD Million
TABLE 33 China Transfer Switch Market, 2018 - 2021, USD Million
TABLE 34 China Transfer Switch Market, 2022 - 2028, USD Million
TABLE 35 China Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 36 China Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 37 China Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 38 China Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 39 China Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 40 China Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 41 Japan Transfer Switch Market, 2018 - 2021, USD Million
TABLE 42 Japan Transfer Switch Market, 2022 - 2028, USD Million
TABLE 43 Japan Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 44 Japan Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 45 Japan Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 46 Japan Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 47 Japan Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 48 Japan Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 49 India Transfer Switch Market, 2018 - 2021, USD Million
TABLE 50 India Transfer Switch Market, 2022 - 2028, USD Million
TABLE 51 India Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 52 India Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 53 India Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 54 India Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 55 India Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 56 India Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 57 South Korea Transfer Switch Market, 2018 - 2021, USD Million
TABLE 58 South Korea Transfer Switch Market, 2022 - 2028, USD Million
TABLE 59 South Korea Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 60 South Korea Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 61 South Korea Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 62 South Korea Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 63 South Korea Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 64 South Korea Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 65 Singapore Transfer Switch Market, 2018 - 2021, USD Million
TABLE 66 Singapore Transfer Switch Market, 2022 - 2028, USD Million
TABLE 67 Singapore Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 68 Singapore Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 69 Singapore Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 70 Singapore Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 71 Singapore Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 72 Singapore Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 73 Malaysia Transfer Switch Market, 2018 - 2021, USD Million
TABLE 74 Malaysia Transfer Switch Market, 2022 - 2028, USD Million
TABLE 75 Malaysia Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 76 Malaysia Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 77 Malaysia Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 78 Malaysia Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 79 Malaysia Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 80 Malaysia Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Transfer Switch Market, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Transfer Switch Market, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 87 Rest of Asia Pacific Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 88 Rest of Asia Pacific Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 89 Key Information – Siemens AG
TABLE 90 Key information – Schneider Electric SE
TABLE 91 Key Information – ABB Group
TABLE 92 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 93 Key Information – Generac Holdings, INC.
TABLE 94 Key information – Cummins, Inc.
TABLE 95 key information – Caterpillar, Inc.
TABLE 96 Key Information – Emerson Electric Co.
TABLE 97 key information – Eaton Corporation PLC
TABLE 98 Key information – Kohler Co.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: Siemens AG
FIG 5 Swot analysis: Siemens AG
FIG 6 Recent strategies and developments: Schneider Electric SE
FIG 7 Swot analysis: Schneider Electric SE
FIG 8 SWOT Analysis: ABB Group
FIG 9 Swot analysis: General electric (GE) Co.
FIG 10 Recent strategies and developments: Generac Holdings, Inc.
FIG 11 Recent strategies and developments: Cummins, Inc.
FIG 12 Recent strategies and developments: Kohler Co.