市场调查报告书
商品编码
1127029
转换开关全球市场规模、份额和行业趋势分析报告:按用户(住宅、工业、商业)、类型、迁移模式(关闭、开放、软负载、延迟)、区域展望和预测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,全球转换开关市场规模预计将达到 22 亿美元,在预测期内以 6.7% 的复合年增长率增长。
另一方面,自动转换开关 (ATS) 不需要外部输入,并且可以在停电时快速切换到发电机电源。这些开关更具成本效益、更安全、更可靠并且运行风险更低。这些开关广泛用于工厂、仓库、医院和学校等需要恆定电源的商业和工业领域。
自动转换开关监控主电源的电压,不仅将负载转移到备用发电机,还可以指导该发电机的启动。当备用发电机暂时运行并发电时,它会与电网断开连接。转换开关控制可以是完全手动的,也可以是手动和自动的。
转换开关的开关转换模式可以是更一般的打开或关闭转换。例如,在具有备用发电机和 ATS 的家庭中,当电力设施中断时,自动转换开关会向备用发电机发出信号以打开。当 ATS 确定发电机已准备好供电时,它会断开家庭与公用事业公司的连接,并将发电机连接到家庭的主电源面板。
COVID-19 影响分析
预计转换开关市场将陷入金融动盪,因为缺乏业务连续性肯定会对收益和股东回报产生重大负面影响。新兴国家在市场上占据了大多数製造商和客户的主导地位。 2019 年,由于中国供应链活动受到抑製而导致的电子产品价值链中断,对全球企业产生了重大影响。此外,冠状病毒的爆发迫使世界各国政府实施封锁措施,导致销售和製造收入下降,这对经济产生了重大影响。
市场增长因素
工业化、城镇化快速推进
在这个快速现代化的时代,人们越来越城市化。农村和人口稀少地区正在稳步采用尖端和创新技术。由于城市化的快速发展,在相当大的面积上建造了大量的住宅和商业设施等建筑。此外,许多人正在从农村地区迁移到城市地区,住房和相关转换开关的安装也在增加。这是因为需要控制来操作电子设备,例如灯和灯。
可容纳难以触及的发电机并快速过渡到发电机电源
从稳定供电的角度来看,自动切换装置是从电力公司切换到发电机组的最快方式。这是您可以完全保护您的设施免受停电影响并保持业务运行的唯一情况,因为在停电后无需手动切换,而是自动进行切换。对于发电机方便地位于杂物间的小型企业,操作手动开关可能并不麻烦。
市场製约因素
开关技术问题及需要专业安装
由于过载或短路,更换熔断的保险丝需要时间。在此期间,电路断电。如果熔断器串联连接,除非它们的尺寸差别很大,否则它们可能无法区分。灯光控制技术复杂,业余爱好者难以掌握。有效的安装需要熟练的专业人员,这会增加成本并且很难找到。
键入 Outlook
转换开关市场按类型分为自动和手动。自动部分在 2021 年的转换开关市场中取得了可观的收入份额。这是因为自动转换开关在主电源和备用电源之间提供了可靠的关键负载连接。自动转换开关允许它在没有监督的情况下运行。
过渡模式展望
根据迁移模式,转换开关市场细分为软加载、关闭、延迟和开放。封闭部分将在 2021 年获得转换开□□关市场最大的收入份额。在使用开放式转换的应急系统中,当从一个可用电源切换到另一个可用电源时,负载的电源会自然短暂中断。在大多数情况下,这种中断并不重要,尤其是在不到 1/6 秒的情况下。
最终使用 Outlook
转换开关市场按最终用途分为工业、商业和住宅。住宅部分将在 2021 年占据转换开关市场的最高收入份额。这是因为住宅转换开关的进步现在包括一些智能、智能和用户友好的功能。转换开关可以在整个家庭中使用,也可以在家里的一些电路中使用备用发电机。
区域展望
按地区分析了北美、欧洲、亚太地区和 LAMEA 的转换开关市场。亚太地区将在 2021 年占据转换开关市场最大的收入份额。那是因为这个国家是由快速工业化驱动的。此外,中国拥有世界上最大的转换开关製造商。由于大多数工业终端用户依赖持续供电,因此该行业对转换开关装置的需求尤为明显。
市场参与者采取的主要策略是产品发布。根据 Cardinal Matrix 中的分析,西门子公司是转换开关市场的先行者。 ABB Group、Schneider Electric SE 和 Cummins Inc. 等公司是转换开关市场的主要创新者。
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