Global automatic transfer switches market will earn a revenue of more than USD 1108 million by 2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is growing popularity of microgrid networks. A microgrid produces, distributes, and controls the flow of electricity to the consumers. Microgrids are useful in central grid systems during power outages as they can operate independently. These grids can isolate their generation loads using automatic transfer switches.
According to the report, one driver in the market is continuous growth of uninterrupted power applications. The increasing demand for energy, rising population, and aging power infrastructure have increased the strain on power grids, which is a major cause of power outages in most countries.
Further, the report states that one challenge in the market is impact of regulatory standards on ATS design. The automatic transfer switches market is regulated by various international and regional electrical commissions, and all ATS products that enter the market are subjected to stringent regulations.
PART 05: MARKET SIZING Market definition Market sizing 2017 Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER Segmentation by end-user Comparison by end-user Industrial - Market size and forecast 2017-2022 Commercial - Market size and forecast 2017-2022 Residential - Market size and forecast 2017-2022 Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE Geographical segmentation Regional comparison APAC - Market size and forecast 2017-2022 Americas - Market size and forecast 2017-2022 EMEA - Market size and forecast 2017-2022 Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES Market drivers Market challenges
PART 12: MARKET TRENDS Growing popularity of microgrid networks Increase of renewable power in the global energy mix Rising use of integrated systems
PART 13: VENDOR LANDSCAPE Overview Landscape disruption Competitive landscape
PART 14: VENDOR ANALYSIS Vendors covered Vendor classification Market positioning of vendors ABB Caterpillar Cummins General Electric Schneider Electric Siemens