The Europe Transfer Switch Market would witness market growth of 6.2% CAGR during the forecast period (2022-2028).
Large backup generator installations that use emergency switchgear that is more complicated allow for soft loading, which makes it possible for the load to be smoothly moved from the utility to the synchronized generators and back. This helps lower peak load demands from a utility. A make-before-break transfer switch is another name for a closed transition transfer switch (CTTS). The closed transition, or overlap time, must typically be shorter than 100 milliseconds.
The switch must run in a break-before-make mode to prevent back feeding if either source is absent or unacceptable. Code-mandated monthly testing is less disagreeable with closed transition transfer because it doesn't disrupt crucial loads like open transition transfer does. The on-site engine generator set is briefly linked in parallel with the utility source during closed transition transfer. The neighborhood utility provider must give their clearance before doing this.
Europe wants to increase offshore wind turbine output by a factor of 25 by the year 2050. The European Commission states that the "Offshore Renewable Energy Strategy" describes the region's goal to produce 40 GW of offshore energy, such as wave and tidal power, in the same time frame. Additionally, in February 2019, the European Investment Bank (EIB) provided the Zumtobel Group with the second Euro 40 million tranche of a Euro 80 million funding package to support the expansion of its research and development activities to bring improvements to its products.
The Germany market dominated the Europe Transfer Switch Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $136.1 million by 2028. The UK market is anticipated to grow at a CAGR of 5.3% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Transfer Switch Market will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Transfer Switch Market, by End Use
1.4.2 Europe Transfer Switch Market, by Type
1.4.3 Europe Transfer Switch Market, by Transition Mode
1.4.4 Europe 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. Europe Transfer Switch Market by End Use
4.1 Europe Residential Market by Country
4.2 Europe Industrial Market by Country
4.3 Europe Commercial Market by Country
Chapter 5. Europe Transfer Switch Market by Type
5.1 Europe Manual Market by Country
5.2 Europe Automatic Market by Country
Chapter 6. Europe Transfer Switch Market by Transition Mode
6.1 Europe Closed Market by Country
6.2 Europe Open Market by Country
6.3 Europe Soft Load Market by Country
6.4 Europe Delayed Market by Country
Chapter 7. Europe Transfer Switch Market by Country
7.1 Germany Transfer Switch Market
7.1.1 Germany Transfer Switch Market by End Use
7.1.2 Germany Transfer Switch Market by Type
7.1.3 Germany Transfer Switch Market by Transition Mode
7.2 UK Transfer Switch Market
7.2.1 UK Transfer Switch Market by End Use
7.2.2 UK Transfer Switch Market by Type
7.2.3 UK Transfer Switch Market by Transition Mode
7.3 France Transfer Switch Market
7.3.1 France Transfer Switch Market by End Use
7.3.2 France Transfer Switch Market by Type
7.3.3 France Transfer Switch Market by Transition Mode
7.4 Russia Transfer Switch Market
7.4.1 Russia Transfer Switch Market by End Use
7.4.2 Russia Transfer Switch Market by Type
7.4.3 Russia Transfer Switch Market by Transition Mode
7.5 Spain Transfer Switch Market
7.5.1 Spain Transfer Switch Market by End Use
7.5.2 Spain Transfer Switch Market by Type
7.5.3 Spain Transfer Switch Market by Transition Mode
7.6 Italy Transfer Switch Market
7.6.1 Italy Transfer Switch Market by End Use
7.6.2 Italy Transfer Switch Market by Type
7.6.3 Italy Transfer Switch Market by Transition Mode
7.7 Rest of Europe Transfer Switch Market
7.7.1 Rest of Europe Transfer Switch Market by End Use
7.7.2 Rest of Europe Transfer Switch Market by Type
7.7.3 Rest of Europe 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 Europe Transfer Switch Market, 2018 - 2021, USD Million
TABLE 2 Europe 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 Europe Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 8 Europe Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 9 Europe Residential Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Residential Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Industrial Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Industrial Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Commercial Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Commercial Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 16 Europe Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 17 Europe Manual Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Manual Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Automatic Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Automatic Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 22 Europe Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 23 Europe Closed Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Closed Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Open Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Open Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Soft Load Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Soft Load Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Delayed Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Delayed Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Transfer Switch Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Transfer Switch Market by Country, 2022 - 2028, USD Million
TABLE 33 Germany Transfer Switch Market, 2018 - 2021, USD Million
TABLE 34 Germany Transfer Switch Market, 2022 - 2028, USD Million
TABLE 35 Germany Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 36 Germany Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 37 Germany Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 38 Germany Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 39 Germany Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 40 Germany Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 41 UK Transfer Switch Market, 2018 - 2021, USD Million
TABLE 42 UK Transfer Switch Market, 2022 - 2028, USD Million
TABLE 43 UK Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 44 UK Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 45 UK Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 46 UK Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 47 UK Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 48 UK Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 49 France Transfer Switch Market, 2018 - 2021, USD Million
TABLE 50 France Transfer Switch Market, 2022 - 2028, USD Million
TABLE 51 France Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 52 France Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 53 France Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 54 France Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 55 France Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 56 France Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 57 Russia Transfer Switch Market, 2018 - 2021, USD Million
TABLE 58 Russia Transfer Switch Market, 2022 - 2028, USD Million
TABLE 59 Russia Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 60 Russia Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 61 Russia Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 62 Russia Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 63 Russia Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 64 Russia Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 65 Spain Transfer Switch Market, 2018 - 2021, USD Million
TABLE 66 Spain Transfer Switch Market, 2022 - 2028, USD Million
TABLE 67 Spain Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 68 Spain Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 69 Spain Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 70 Spain Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 71 Spain Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 72 Spain Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 73 Italy Transfer Switch Market, 2018 - 2021, USD Million
TABLE 74 Italy Transfer Switch Market, 2022 - 2028, USD Million
TABLE 75 Italy Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 76 Italy Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 77 Italy Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 78 Italy Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 79 Italy Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 80 Italy Transfer Switch Market by Transition Mode, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Transfer Switch Market, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Transfer Switch Market, 2022 - 2028, USD Million
TABLE 83 Rest of Europe Transfer Switch Market by End Use, 2018 - 2021, USD Million
TABLE 84 Rest of Europe Transfer Switch Market by End Use, 2022 - 2028, USD Million
TABLE 85 Rest of Europe Transfer Switch Market by Type, 2018 - 2021, USD Million
TABLE 86 Rest of Europe Transfer Switch Market by Type, 2022 - 2028, USD Million
TABLE 87 Rest of Europe Transfer Switch Market by Transition Mode, 2018 - 2021, USD Million
TABLE 88 Rest of Europe 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.