"Actionable Insights to Fuel Your Growth"

Transfer Switch Market Size, Share & Industry Analysis, By Type ( Automatic Transfer Switch, Manual Transfer Switch ), By Application ( Residential, Commercial, Industrial ) and regional Forecast, 2024-2032

Region :Global | Report ID: FBI104023 | Status : Ongoing



Rapid urbanization and industrialization have increased the demand for uninterrupted power supply. Frequent power outage causes a loss in productivity. In a bid to avoid power outage, several companies are installing back-up generator system for reliable power supply. All generators require a transfer switch to divert power from the utility company to the back-up generator in the event of a power outage. A transfer switch is essential in safely diverting electricity supply from the utility company to the back generator. Several institutions like hospitals, government buildings, commercial plazas, and schools are equipped with a power generator for reliable and uninterrupted power supply. Henceforth, the transfer switch is essential in safely handling power supply in case of a power outage.

The transfer switch market segmented based on type and application. Type is further bifurcated into an automatic transfer switch (ATS) and manual transfer switch. The automatic transfer switch dominates the market due to its prompt response in case of a power outage or variation in supply. A residential and industrial sector may account for the largest market share the high installation of the generator system.

The massive economic growth throughout the world has increased the demand for uninterrupted power supply in a bid to combat frequent power outage, many industries, and residential towers adopting a back-up generator. In recent times, information and communication technology flourishing across the world which require a continuous power supply that may boost the market. Transfer switch requires frequent maintenance for the reliable operation that may inhibit the growth of the market.


Key Market Driver -

High demand for uninterrupted power supply and extensive installation of generator

Key Market Restraint -

Frequent maintenance

Key Players Covered:

  • Some of the leading conglomerates in the transfer switch market are GE, Generac Power Systems, Siemens, Briggs & Straton, Schneider Electric, Eaton, Cummins Inc., ABB, Kohler Power, Caterpillar Inc., and Camsco Electric Co., Ltd among others.

Regional Analysis:

The global transfer switch market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America forecasted to exhibit robust growth owing to large scale adoption of emergency back power, i.e., generator. Many industries and commercial buildings own back-up power system to avoid any power outage. Also, the expansion of information and communication technology, which requires an uninterrupted power supply, may offer lucrative growth for the market. In Europe, transfer switches gaining momentum in residential and industrial sectors. Germany, UK, Italy, France, and Russia, among others, are massively investing in microgrid infrastructure and renewable energy that would help to leverage the transfer switch market. The emerging economies in APAC, such as India, China, and Japan, among others, exhibit high potential for the transfer switch market. Increasing demand for uninterrupted power supply from residential and industrial sectors may boost the market in APAC. In the Middle East & Africa, UAE, Saudi Arabia, and Qatar, among others, extensively investing in district cooling projects. For the reliable and uninterrupted power supply, several companies adopting a generator in which transfer switch is essential for efficient operation.


To gain extensive insights into the market, Request for Customization




By Type

  • Automatic Transfer Switch

  • Manual Transfer Switch

By Application

  • Residential

  • Commercial

  • Industrial

By Geography

  • North America (USA and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



Key Industry Developments

  • In December 2018, Aggreko secured a $200 million Tokyo Olympics power contract to supply a temporary power supply for the event.

  • In June 2018, ABB recently unveiled an updated version of 1600A Cyberex Super Switch 4. It provides safety for data centers with its user-friendly interface, improved serviceability, and superior system performance.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

The Japan Research

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.