The Latin America, Middle East and Africa Automatic Transfer Switch Market would witness market growth of 13.0% CAGR during the forecast period (2023-2030).
The increased reliance on continuous power supply is driving an increasing number of industries and commercial institutions to implement ATS systems. A primary determinant propelling the market is imperative to minimize downtime and ensure uninterrupted power supply in the face of grid outages or fluctuations. In addition, the trends of fast industrialization and urbanization have raised demand for ATS systems. Reliable power backup solutions are necessary for industries, manufacturing plants, businesses, servers, and critical infrastructure. ATS systems are becoming increasingly popular in these energy-intensive industries because they facilitate the smooth power transfer between backup sources and the grid. The market's growth depends on several factors, such as the continuous growth of uninterrupted power applications, the upcoming and ongoing smart grid projects, and the increasing demand from data centers.
In order to operate electrical equipment until electricity from the utility is restored, an ATS may also activate longer-lasting backup power systems, like diesel generators located nearby. As a bridge between the devices and the power supplies, the ATS functions as an electrical relay due to its connection to both primary as well as backup power sources. Equipment only connected to a power source via a single cord may utilize an ATS as a redundant, rack-mounted power supply.
The region is witnessing investments in energy infrastructure, including power generation and distribution. For example, Uruguay switched its energy mix from making power from oil to using renewable sources starting in 2005. More than 98% of the country's energy comes from clean sources, mainly hydropower and wind power. The focus on improving the reliability and efficiency of energy systems contributes to adopting ATS to enhance the resilience of the power grid and critical facilities. Therefore, the increasing rate of massive electrification of cities of LAMEA and development in electricity infrastructure is leading the region towards a growing market for automatic transfer switches.
The Brazil market dominated the LAMEA Automatic Transfer Switch Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $30.2 Million by 2030. The Argentina market is exhibiting a CAGR of 13.6% during (2023 - 2030). Additionally, The UAE market would experience a CAGR of 12.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Automatic Transfer Switch Market is Projected to reach USD 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 4 LAMEA Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 5 LAMEA Contactor Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Contactor Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Circuit Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Circuit Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 10 LAMEA Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 11 LAMEA Residential Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Residential Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Commercial Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 18 LAMEA Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 19 LAMEA Closed Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Closed Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Soft Load Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Soft Load Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Open Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Open Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Delayed Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Delayed Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Automatic Transfer Switch Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Automatic Transfer Switch Market by Country, 2023 - 2030, USD Million
TABLE 29 Brazil Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 30 Brazil Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 31 Brazil Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 32 Brazil Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 33 Brazil Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 34 Brazil Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 35 Brazil Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 36 Brazil Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 37 Argentina Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 38 Argentina Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 39 Argentina Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 40 Argentina Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 41 Argentina Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 42 Argentina Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 43 Argentina Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 44 Argentina Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 45 UAE Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 46 UAE Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 47 UAE Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 48 UAE Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 49 UAE Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 50 UAE Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 51 UAE Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 52 UAE Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 53 Saudi Arabia Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 61 South Africa Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 62 South Africa Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 63 South Africa Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 64 South Africa Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 65 South Africa Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 66 South Africa Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 67 South Africa Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 68 South Africa Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 69 Nigeria Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 70 Nigeria Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 71 Nigeria Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 72 Nigeria Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 73 Nigeria Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 74 Nigeria Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 75 Nigeria Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 76 Nigeria Automatic Transfer Switch Market by Transition Mode, 2023 - 2030, USD Million
TABLE 77 Rest of LAMEA Automatic Transfer Switch Market, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Automatic Transfer Switch Market, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA Automatic Transfer Switch Market by Switching Mechanism, 2023 - 2030, USD Million
TABLE 81 Rest of LAMEA Automatic Transfer Switch Market by End-Use, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Automatic Transfer Switch Market by End-Use, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Automatic Transfer Switch Market by Transition Mode, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA 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 LAMEA 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 LAMEA Automatic Transfer Switch Market Share by Switching Mechanism, 2022
FIG 6 LAMEA Automatic Transfer Switch Market Share by Switching Mechanism, 2030
FIG 7 LAMEA Automatic Transfer Switch Market by Switching Mechanism, 2019 - 2030, USD Million
FIG 8 LAMEA Automatic Transfer Switch Market Share by End-Use, 2022
FIG 9 LAMEA Automatic Transfer Switch Market Share by End-Use, 2030
FIG 10 LAMEA Automatic Transfer Switch Market by End-Use, 2019 - 2030, USD Million
FIG 11 LAMEA Automatic Transfer Switch Market Share by Transition Mode, 2022
FIG 12 LAMEA Automatic Transfer Switch Market Share by Transition Mode, 2030
FIG 13 LAMEA Automatic Transfer Switch Market by Transition Mode, 2019 - 2030, USD Million
FIG 14 LAMEA Automatic Transfer Switch Market Share by Country, 2022
FIG 15 LAMEA Automatic Transfer Switch Market Share by Country, 2030
FIG 16 LAMEA 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.
