市場調查報告書
商品編碼
1127029
轉換開關全球市場規模、份額和行業趨勢分析報告:按用戶(住宅、工業、商業)、類型、遷移模式(關閉、開放、軟負載、延遲)、區域展望和預測2022-2028Global Transfer Switch Market Size, Share & Industry Trends Analysis Report By End Use (Residential, Industrial, and Commercial), By Type, By Transition Mode (Closed, Open, Soft Load, and Delayed), By Regional Outlook and Forecast, 2022 - 2028 |
到 2028 年,全球轉換開關市場規模預計將達到 22 億美元,在預測期內以 6.7% 的複合年增長率增長。
另一方面,自動轉換開關 (ATS) 不需要外部輸入,並且可以在停電時快速切換到發電機電源。這些開關更具成本效益、更安全、更可靠並且運行風險更低。這些開關廣泛用於工廠、倉庫、醫院和學校等需要恆定電源的商業和工業領域。
自動轉換開關監控主電源的電壓,不僅將負載轉移到備用發電機,還可以指導該發電機的啟動。當備用發電機暫時運行並發電時,它會與電網斷開連接。轉換開關控制可以是完全手動的,也可以是手動和自動的。
轉換開關的開關轉換模式可以是更一般的打開或關閉轉換。例如,在具有備用發電機和 ATS 的家庭中,當電力設施中斷時,自動轉換開關會向備用發電機發出信號以打開。當 ATS 確定發電機已準備好供電時,它會斷開家庭與公用事業公司的連接,並將發電機連接到家庭的主電源面板。
COVID-19 影響分析
預計轉換開關市場將陷入金融動盪,因為缺乏業務連續性肯定會對收益和股東回報產生重大負面影響。新興國家在市場上佔據了大多數製造商和客戶的主導地位。 2019 年,由於中國供應鏈活動受到抑製而導致的電子產品價值鏈中斷,對全球企業產生了重大影響。此外,冠狀病毒的爆發迫使世界各國政府實施封鎖措施,導致銷售和製造收入下降,這對經濟產生了重大影響。
市場增長因素
工業化、城鎮化快速推進
在這個快速現代化的時代,人們越來越城市化。農村和人口稀少地區正在穩步採用尖端和創新技術。由於城市化的快速發展,在相當大的面積上建造了大量的住宅和商業設施等建築。此外,許多人正在從農村地區遷移到城市地區,住房和相關轉換開關的安裝也在增加。這是因為需要控制來操作電子設備,例如燈和燈。
可容納難以觸及的發電機並快速過渡到發電機電源
從穩定供電的角度來看,自動切換裝置是從電力公司切換到發電機組的最快方式。這是您可以完全保護您的設施免受停電影響並保持業務運行的唯一情況,因為在停電後無需手動切換,而是自動進行切換。對於發電機方便地位於雜物間的小型企業,操作手動開關可能並不麻煩。
市場製約因素
開關技術問題及需要專業安裝
由於過載或短路,更換熔斷的保險絲需要時間。在此期間,電路斷電。如果熔斷器串聯連接,除非它們的尺寸差別很大,否則它們可能無法區分。燈光控制技術複雜,業餘愛好者難以掌握。有效的安裝需要熟練的專業人員,這會增加成本並且很難找到。
鍵入 Outlook
轉換開關市場按類型分為自動和手動。自動部分在 2021 年的轉換開關市場中取得了可觀的收入份額。這是因為自動轉換開關在主電源和備用電源之間提供了可靠的關鍵負載連接。自動轉換開關允許它在沒有監督的情況下運行。
過渡模式展望
根據遷移模式,轉換開關市場細分為軟加載、關閉、延遲和開放。封閉部分將在 2021 年獲得轉換開□□關市場最大的收入份額。在使用開放式轉換的應急系統中,當從一個可用電源切換到另一個可用電源時,負載的電源會自然短暫中斷。在大多數情況下,這種中斷並不重要,尤其是在不到 1/6 秒的情況下。
最終使用 Outlook
轉換開關市場按最終用途分為工業、商業和住宅。住宅部分將在 2021 年佔據轉換開關市場的最高收入份額。這是因為住宅轉換開關的進步現在包括一些智能、智能和用戶友好的功能。轉換開關可以在整個家庭中使用,也可以在家裡的一些電路中使用備用發電機。
區域展望
按地區分析了北美、歐洲、亞太地區和 LAMEA 的轉換開關市場。亞太地區將在 2021 年佔據轉換開關市場最大的收入份額。那是因為這個國家是由快速工業化驅動的。此外,中國擁有世界上最大的轉換開關製造商。由於大多數工業終端用戶依賴持續供電,因此該行業對轉換開關裝置的需求尤為明顯。
市場參與者採取的主要策略是產品發布。根據 Cardinal Matrix 中的分析,西門子公司是轉換開關市場的先行者。 ABB Group、Schneider Electric SE 和 Cummins Inc. 等公司是轉換開關市場的主要創新者。
The Global Transfer Switch Market size is expected to reach $2.2 billion by 2028, rising at a market growth of 6.7% CAGR during the forecast period.
An electrical switch known as a transfer switch is utilized to switch a load between two sources. While some transfer switches are automatic and activate when they detect that one of the sources has lost or acquired power, others are manual, requiring an operator to physically flip a switch to make the transfer.
An electromechanical device, a transfer switch, is used to mechanically or electronically switch the load between two power sources. To ensure a constant supply of power, it offers a quick transition between several power sources. Manual transfer switches must be flipped manually to restore power, which requires access to a generator or other power source.
Automatic transfer switches (ATS), on the other hand, do not require an external input and may switch over quickly to generator power in the event of a power outage. These switches are more cost-effective, safer, and more reliable while also operating with less risk. These switches are widely used in commercial and industrial contexts including factories, warehouses, hospitals, and schools where a constant power source is required.
Based on the voltage being monitored on the primary supply, an automatic transfer switch may instruct the backup generator to start in addition to shifting the load to it. When the backup generator is running and producing momentary electricity, the transfer switch isolates it from the electric grid. A transfer switch's control capabilities might be either entirely manual or both manual and automatic.
A transfer switch's switch transition mode can be either Open Transition, which is the more common form, or Closed Transition. For instance, in a house with a backup generator and an ATS, the automatic transfer switch will signal the backup generator to turn on when there is an electric utility interruption. The ATS disconnects the home from the electricity company and connects the generators to the main electrical panel of the house once it determines that the generator is prepared to supply electricity.
COVID-19 Impact Analysis
The transfer switch market is projected to have financial disruptions as a result of the lack of business continuity, which has ensured major negative effects on revenues and shareholder returns. Emerging nations control the majority of both manufacturers and customers on the market. The disruption of the electronics value chain in 2019 was caused by China's curtailed supply chain activities, which had a substantial impact on businesses around the world. Additionally, the coronavirus outbreak forced governments around the world to implement lockdown measures that decreased sales and manufacturing revenue, which in turn significantly affected the economy.
Market Growth Factors
The Rapid Pace Of Industrialization And Urbanization
People are widely urbanizing in this era of fast modernization adoption. The adoption of the most cutting-edge and innovative technologies in rural or underdeveloped areas is steadily rising. A substantial number of structures, including residential buildings and commercial infrastructures, are being built over a sizable area as a result of the rapid spread of urbanization around the world. Additionally, a sizable number of individuals are moving from rural to urban areas, necessitating the installation of more residences and transfer switches across them. This is because operating these lights, lamps, and other electronic devices calls for controls.
Suitable For More Difficult-To-Reach Generators And For Switching To Generator Power Quickly
A side from the necessity of preserving a steady supply of electricity, an automatic switch provides the fastest means to transition from utilities feed to generator feed. Businesses can let the switchover happen automatically rather than looking for manual switches after the lights go out, which is the only situation that completely shields a facility from the observable impacts of a power outage and enables the business to function normally. Operating a manual switch might not be a hassle if users own a small business where the generator is in a convenient utility room.
Market Restraining Factors
Switches' Technical Issues And The Requirement For Expert Installation
It takes time to replace a fuse that blows out because of an overload or short circuit. During this moment, the circuit's power is turned off. When fuses are connected in series, it might be difficult to tell them apart unless there is a significant size difference. The lighting control technology is too intricate and complex for a layperson to utilize. Since skilled specialists are needed for effective installation, in addition to increasing the cost, this might provide significant difficulties because it may be difficult to find a specialist.
Type Outlook
Based on Type, the Transfer Switch Market is divided into Automatic, and Manual. The automatic segment witnessed a significant revenue share in the transfer switch market in 2021. This is due to the fact that automated transfer switches offer dependable vital load connections among primary and backup electrical sources. Automatic transfer switches permit functioning without supervision.
Transition Mode Outlook
On the basis of Transition Mode, the Transfer Switch Market is classified into Soft Load, Closed, Delayed, and Open. The closed segment procured the largest revenue share in the transfer switch market in 2021. When switching from one available source to another in an emergency system that uses open transition, there is a natural brief interruption of power to the load. Most of the time, this outage is insignificant, especially if it lasts less than 1/6 of a second.
End use Outlook
By End use, the Transfer Switch Market is segmented into Industrial, Commercial, Residential. The residential segment garnered the highest revenue share in the transfer switch market in 2021. It is due to the fact that advancements in residential transfer switches now include several smart, intelligent, and user-friendly capabilities. A transfer switch may be used for the entire house or just a few circuits in homes with standby generators.
Regional Outlook
Region-wise, the Transfer Switch Market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment acquired the largest revenue share in the transfer switch market in 2021. It is because this nation is being driven by rapid industrialization. Additionally, China is home to some of the biggest transfer switch producers in the world. Since the majority of industrial end users depend on continuous power, the requirement for the installation of transfer switches is especially apparent in this industry.
The major strategies followed by the market participants are Product Launches. Based on the Analysis presented in the Cardinal matrix; Siemens AG is the forerunner in the Transfer Switch Market. Companies such as ABB Group, Schneider Electric SE and Cummins Inc. are some of the key innovators in Transfer Switch Market.
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.
Recent Strategies deployed in Transfer Switch Market
Partnerships, Collaborations and Agreements:
Jul-2022: Siemens Smart Infrastructure came into a partnership with Esri, the global leader in geographic information systems and location intelligence. Together the companies aimed to improve their abilities for the operations, planning, and supervision of power networks at grid operators by integrating Esri's powerful mapping and spatial analytics software and Siemens' electrical topology expertise.
Jun-2022: Schneider Electric came into a partnership with Hitachi Energy, a market and technology superior. Through this collaboration, the companies aimed to deliver better consumer value and boost the energy transition. Additionally, the collaboration builds on the authorized track record, international footprint, and vast experience of both these sustainable energy technology supervisors in producing projects for renewables, mining, data centers, and other enterprise segments.
Product Launches and Product Expansions:
Oct-2021: Schneider Electric unveiled TransferPacT, a new range of Automatic Transfer Switching Equipment. The new TransferPacT Automatic delivers comfortable installation and quick settings, specifically in building infrastructure. Moreover, the TransferPacT permits consumers the flexibility and scalability to extend functions of ATSE by just adding functional modules as per requirement.
May-2021: Cummins introduced PowerCommand X-Series transfer switches. The new switches are developed for flexibility with current ratings from 40 amps to 3000 amps. Furthermore, PowerCommand X-Series is available as both transfer switches and service-entrance rated transfer switches, and deliver the most elevated UL1008 time-based and short-time withstand and closing ratings in the market.
Apr-2021: Kohler Power Systems introduced a new line of electrically operated bypass-isolation transfer switches. The new product line is developed to interface with Kohler paralleling and generators switchgear. Additionally, these switches are open as standard (KAS) and programmed (KAP) transition configurations, including single-touch controls authorizing consumers to share essential loads between power bases.
May-2020: Caterpillar launched Tech-Link, a new technical service portfolio that allows secure, remote updates of Cat switchgear software. The new Tech-Link decreases setup time and delivers flexibility for operational shifts while lowering service costs. Additionally, Cat switchgear is developed to offer power system management from controlling and monitoring standby/load control to multi-unit utility paralleling installations.
Mar-2020: Generac introduced PWRview ATS, First-Ever Automatic Transfer Switch with combined home energy monitoring abilities. The new PWRview ATS permits any home furnished with a home standby generator to instantly access effective, money-saving wisdom about the home's energy usage.
Acquisitions and Mergers:
Jul-2021: Generac Holdings completed the acquisition of Deep Sea Electronics Limited, an advanced controls manufacturer and designer. With this acquisition, Generac has strengthened its engineering and management abilities which would advance and support the innovation of its products to fulfill the dynamic requirements of the growing energy technology industry and its consumers.
Jun-2021: GE-Prolec Transformers took over Xignux, a Mexico-based private enterprise. Through this acquisition, Prolec GE's aimed to improve its standing as a key distribution and power transformer player delivering consumers with a broad selection of products and an improved next-generation offering.
Mar-2021-Mar Siemens took over C&S Electric, a leading manufacturer of electrical and electronic equipment in India. This acquisition would allow Siemens to manage the competitive infrastructure low-voltage industry in India while developing a manufacturing hub to head low-voltage products for export to lucrative industries internationally.
Geographical Expansions:
Mar-2021: Kohler Power Systems expanded its geographical footprint by establishing a manufacturing facility in Mosel, Wisconsin. This expansion aimed to sustain Kohler's constant growth in key strategic industries mission essential and data center segments particularly.
Market Segments covered in the Report:
By End Use
By Type
By Transition Mode
By Geography
Companies Profiled
Unique Offerings from KBV Research
List of Figures