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Transfer Switches Market 2015 Review, Research, Size, Share, Industry Analysis, Trends and Forecast 2019

Global Transfer Switches market will grow at a CAGR of 6.64% over the period 2013-2018.

 

Deerfield Beach, FL -- (SBWIRE) -- 09/02/2015 -- Global Transfer Switches market will grow at a CAGR of 6.64% over the period 2013-2018. Transfer switches shift the loads or electrical distribution systems between two power sources, making it an inevitable part of a standby or emergency power system. There are mainly two types of transfer switches, namely automatic transfer switch and static transfer switch. An automatic transfer switch is used to transfer power between a primary (utility source) and secondary power source (a generator or other backup power source).

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A static transfer switch shifts loads between two power sources with the help of power semiconductors (such as SCR). The transfer in these switches is rapid since the switching does not involve the motion of any mechanical parts. Both switches have their own merits over the other. When the quality for the price ratio is considered, ATS has a considerable advantage. However, static transfer switches are used when the requirement is for high quality with minimal stress on price.

Covered in this Report

The Global Transfer Switches market can be divided into two segments based on product: Static Transfer Switch and Automatic Transfer Switch.

Global Transfer Switches Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Transfer Switches market; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key Vendors

GE
Emerson Electric
Socomec

Other Prominent Vendors

ABB
Camsco Electric
Cummins
Eaton
Generac
Kohler
Mitsubishi Electric
MTS Power Products
Russelectric
Schneider Electric
Thomas & Betts Power Solutions
Thomson Power Systems

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Key Market Driver

Increased Demand for Reliable Power
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Key Market Challenge

Intense Competition
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Key Market Trend

Increase in Usage of Integrated Systems
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