The Europe Automatic Transfer Switch Market would witness market growth of 9.8% CAGR during the forecast period (2023-2030).
Several variables, such as the growth in the power and transmission industries, the favourable policies of the government, and the increasing number of reforms pertaining to the integration of renewable energy, are driving the market. Energy outages, frequent blackouts, unpredictability of the weather, and voltage fluctuations all contribute to the expansion of the market. Government regulations that mandate installation permits are one way that influence expansion. Reforms pertaining to the integration of renewable energy, such as the EU's amended 2009/28/EC directive, have also helped the market. However, the market expansion for automatic transfer switches is hampered by high prices, difficult technical requirements, cybersecurity issues, and maintenance and servicing expenses.
The residential sector has a high adoption rate of automated transfer switches, which provide consistent power supply and advanced, user-friendly features, presenting growth opportunities. The demand for current infrastructure to be renovated in developed economies, along with an increase in real estate investments, may also help to increase the market share of these switches. Advanced control algorithms and digital twin technologies can further optimize the functioning of ATS systems, enhancing their resilience and effectiveness.
The need for ATS solutions in Europe has grown because of growing worries about grid reliability, extreme weather conditions, and the need to maintain power in essential applications. The market is growing because of many things, such as the need for better protection for electrical systems, a greater focus on safety, and the addition of smart technology for better control and tracking. Europe must ensure they always have power, so circuit breaker-based transfer switches have become the best option. In the region, more and more people, both residential and commercial, are realizing how important backup power systems are for keeping critical processes running when the power goes out. Thus, it shows that the European region is far ahead in using these switches in the existing electrical infrastructure, and still, it is a growing market.
The Germany market dominated the Europe Automatic Transfer Switch Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $92.3 Million by 2030. The UK market is showcasing a CAGR of 8.8% during (2023 - 2030). Additionally, The France market would register a CAGR of 10.6% during (2023 - 2030).
Based on Switching Mechanism, the market is segmented into Contactor, and Circuit. Based on End-Use, the market is segmented into Residential, Commercial, Industrial. Based on Transition Mode, the market is segmented into Closed, Soft Load, Open, and Delayed. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Automatic Transfer Switch Market will Hit $1.5 Billion by 2030, at a CAGR of 10.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric Company, Siemens AG, Generac Holdings, Inc., ABB LTD., Kohler Co., Schneider Electric SE, Caterpillar, Inc., Cummins, Inc., Eaton Corporation PLC, Vertiv Holdings Co.
Scope of the Study
Market Segments Covered in the Report:
By Switching Mechanism
By End-Use
- Residential
- Commercial
- Industrial
By Transition Mode
- Closed
- Soft Load
- Open
- Delayed
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- General Electric Company
- Siemens AG
- Generac Holdings, Inc.
- ABB LTD.
- Kohler Co.
- Schneider Electric SE
- Caterpillar, Inc.
- Cummins, Inc.
- Eaton Corporation PLC
- Vertiv Holdings Co.
TABLE 1 Europe Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 2 Europe Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 3 Europe Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 4 Europe Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 5 Europe Contactor Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Contactor Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Circuit Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Circuit Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 10 Europe Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 11 Europe Residential Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Residential Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Commercial Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Commercial Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Industrial Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Industrial Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 18 Europe Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 19 Europe Closed Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Closed Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Soft Load Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Soft Load Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Open Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Open Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Delayed Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Delayed Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Automatic Transfer Switch Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Automatic Transfer Switch Market by Country, 2023 - 2030, USD Million
TABLE 29 Germany Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 30 Germany Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 31 Germany Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 32 Germany Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 33 Germany Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 34 Germany Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 35 Germany Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 36 Germany Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 37 UK Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 38 UK Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 39 UK Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 40 UK Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 41 UK Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 42 UK Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 43 UK Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 44 UK Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 45 France Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 46 France Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 47 France Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 48 France Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 49 France Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 50 France Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 51 France Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 52 France Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 53 Russia Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 54 Russia Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 55 Russia Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 56 Russia Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 57 Russia Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 58 Russia Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 59 Russia Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 60 Russia Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 61 Spain Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 62 Spain Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 63 Spain Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 64 Spain Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 65 Spain Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 66 Spain Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 67 Spain Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 68 Spain Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 69 Italy Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 70 Italy Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 71 Italy Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 72 Italy Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 73 Italy Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 74 Italy Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 75 Italy Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 76 Italy Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 77 Rest of Europe Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 78 Rest of Europe Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 79 Rest of Europe Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 80 Rest of Europe Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 81 Rest of Europe Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 82 Rest of Europe Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 83 Rest of Europe Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 84 Rest of Europe Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 85 Key Information – General Electric Company
TABLE 86 Key Information – Siemens AG
TABLE 87 Key Information – Generac Holdings, INC.
TABLE 88 Key Information – ABB Ltd.
TABLE 89 Key information – Kohler Co.
TABLE 90 Key Information – Schneider Electric SE
TABLE 91 key information – Caterpillar, Inc.
TABLE 92 Key information – Cummins, Inc.
TABLE 93 Key Information – Eaton Corporation PLC
TABLE 94 Key Information – Vertiv Holdings Co.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Automatic Transfer Switch Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Automatic Transfer Switch Market
FIG 4 Porter’s Five Forces Analysis – Automatic Transfer Switch Market
FIG 5 Europe Automatic Transfer Switch Market Share by Switching Mechanism, 2022
FIG 6 Europe Automatic Transfer Switch Market Share by Switching Mechanism, 2030
FIG 7 Europe Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2030, USD Million
FIG 8 Europe Automatic Transfer Switch Market Share by End-Use, 2022
FIG 9 Europe Automatic Transfer Switch Market Share by End-Use, 2030
FIG 10 Europe Automatic Transfer Switch Market by End-Use, 2019 - 2030, USD Million
FIG 11 Europe Automatic Transfer Switch Market Share by Transition Mode, 2022
FIG 12 Europe Automatic Transfer Switch Market Share by Transition Mode, 2030
FIG 13 Europe Automatic Transfer Switch Market by Transition Mode, 2019 - 2030, USD Million
FIG 14 Europe Automatic Transfer Switch Market Share by Country, 2022
FIG 15 Europe Automatic Transfer Switch Market Share by Country, 2030
FIG 16 Europe Automatic Transfer Switch Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: General electric (GE) Co.
FIG 18 Recent strategies and developments: Siemens AG
FIG 19 SWOT Analysis: Siemens AG
FIG 20 Recent strategies and developments: Generac Holdings, Inc.
FIG 21 SWOT Analysis: Generac Holdings, Inc.
FIG 22 SWOT Analysis: ABB ltd
FIG 23 SWOT ANALYSIS: Kohler Co.
FIG 24 Recent strategies and developments: Schneider Electric SE
FIG 25 SWOT Analysis: Schneider Electric SE
FIG 26 SWOT Analysis: Caterpillar, Inc.
FIG 27 SWOT Analysis: Cummins, Inc.
FIG 28 SWOT Analysis: Eaton Corporation PLC
FIG 29 SWOT Analysis: Vertiv Holdings Co.