Latest News- Automatic Transfer Switches (ATS) Market: Open transition is expected to lead the Type segment during 2025-2029

The Automatic Transfer Switches (ATS) Market is being driven by Continuous growth of uninterrupted power applications

The Automatic Transfer Switches (ATS) Market is expected to grow at a CAGR of 7.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 318.6 million. Automatic Transfer Switches (ATS) play a crucial role in the operation of microgrids, which are smaller power grids that produce, distribute, and control electricity locally. Microgrids can function autonomously during power outages in the central grid system, thanks to ATS that isolate the microgrid's generation loads. The microgrid market is experiencing significant growth due to the increasing electricity demand in rural and suburban areas. Conventional grids are struggling to meet this demand, leading to an increase in microgrid projects. ATS are essential components of these projects, ensuring seamless power transfer and grid reliability. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Open transition
  • Closed transition
  • Static transfer switch
  • Others
• End-user
  • Industrial
  • Commercial
  • Residential
• Product Type
  • Automatic transfer switches
  • Manual transfer switches
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Continuous growth of uninterrupted power applications
• Upcoming and ongoing smart grid projects
• Increasing demand from data centers

However, the market also witnesses some limitations, which are as follows:

• Impact of regulatory standards on ATS design
• Availability of substitutes and counterfeit products of transfer switches
• Issues related to constant and regular monitoring of transfer switches

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Market Scope in Automatic Transfer Switches (ATS) Market Research Report

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Research Analysis Overview

The Automatic Transfer Switch (ATS) market encompasses solutions that ensure uninterrupted power supply and maintain power quality for various applications. These systems offer features like power management, distribution, and system integration, along with network connectivity and data acquisition for remote control and cloud-based monitoring. Energy storage, battery backup, and hybrid power systems ensure fault tolerance and load balancing, while power factor correction, harmonics mitigation, and transient suppression enhance power quality. Voltage regulation, current monitoring, and voltage drop management address power stability issues, and ATS also provide electrical and fire safety, life safety, and building automation solutions. Additionally, they contribute to critical infrastructure protection, disaster recovery, business continuity, green building, sustainable power, carbon footprint reduction, energy savings, cost reduction, and return on investment. Risk assessment and compliance auditing are also essential aspects of ATS applications.

Market Research Overview

Automatic Transfer Switches (ATS) are a crucial component of electrical transfer and backup power systems, falling under the broader category of electrical distribution and protection equipment. This segment is part of the expansive global electrical components and equipment market, which encompasses manufacturers of various electrical products, including water heaters and accessories, motors, electrical distribution and protection equipment, small generators, and switches, among others. Notably, the market size is calculated based on the combined revenue generated from the sales of these products, as well as renting and leasing electrical components and equipment to industrial, commercial, and residential end-users. Technavio, a leading technology research and consulting firm, covers this parent market, providing insights into its current trends, growth drivers, challenges, and future outlook.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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