PUBLISHER: KBV Research | PRODUCT CODE: 1395577
PUBLISHER: KBV Research | PRODUCT CODE: 1395577
LAMEA Automatic Transfer Switch Market Size, Share & Industry Trends Analysis Report By Switching Mechanism (Contactor, and Circuit), By End-Use (Residential, Commercial, Industrial), By Transition Mode, By Country and Growth Forecast, 2023 - 2030
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.
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
- Contactor
- Circuit
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
Companies Profiled
- 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.
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
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- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Automatic Transfer Switch Market, by Switching Mechanism
- 1.4.2 LAMEA Automatic Transfer Switch Market, by End-Use
- 1.4.3 LAMEA Automatic Transfer Switch Market, by Transition Mode
- 1.4.4 LAMEA Automatic Transfer Switch Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market At a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Automatic Transfer Switch Market
Chapter 5. LAMEA Automatic Transfer Switch Market by Switching Mechanism
- 5.1 LAMEA Contactor Market by Country
- 5.2 LAMEA Circuit Market by Country
Chapter 6. LAMEA Automatic Transfer Switch Market by End-Use
- 6.1 LAMEA Residential Market by Country
- 6.2 LAMEA Commercial Market by Country
- 6.3 LAMEA Industrial Market by Country
Chapter 7. LAMEA Automatic Transfer Switch Market by Transition Mode
- 7.1 LAMEA Closed Market by Country
- 7.2 LAMEA Soft Load Market by Country
- 7.3 LAMEA Open Market by Country
- 7.4 LAMEA Delayed Market by Country
Chapter 8. LAMEA Automatic Transfer Switch Market by Country
- 8.1 Brazil Automatic Transfer Switch Market
- 8.1.1 Brazil Automatic Transfer Switch Market by Switching Mechanism
- 8.1.2 Brazil Automatic Transfer Switch Market by End-Use
- 8.1.3 Brazil Automatic Transfer Switch Market by Transition Mode
- 8.2 Argentina Automatic Transfer Switch Market
- 8.2.1 Argentina Automatic Transfer Switch Market by Switching Mechanism
- 8.2.2 Argentina Automatic Transfer Switch Market by End-Use
- 8.2.3 Argentina Automatic Transfer Switch Market by Transition Mode
- 8.3 UAE Automatic Transfer Switch Market
- 8.3.1 UAE Automatic Transfer Switch Market by Switching Mechanism
- 8.3.2 UAE Automatic Transfer Switch Market by End-Use
- 8.3.3 UAE Automatic Transfer Switch Market by Transition Mode
- 8.4 Saudi Arabia Automatic Transfer Switch Market
- 8.4.1 Saudi Arabia Automatic Transfer Switch Market by Switching Mechanism
- 8.4.2 Saudi Arabia Automatic Transfer Switch Market by End-Use
- 8.4.3 Saudi Arabia Automatic Transfer Switch Market by Transition Mode
- 8.5 South Africa Automatic Transfer Switch Market
- 8.5.1 South Africa Automatic Transfer Switch Market by Switching Mechanism
- 8.5.2 South Africa Automatic Transfer Switch Market by End-Use
- 8.5.3 South Africa Automatic Transfer Switch Market by Transition Mode
- 8.6 Nigeria Automatic Transfer Switch Market
- 8.6.1 Nigeria Automatic Transfer Switch Market by Switching Mechanism
- 8.6.2 Nigeria Automatic Transfer Switch Market by End-Use
- 8.6.3 Nigeria Automatic Transfer Switch Market by Transition Mode
- 8.7 Rest of LAMEA Automatic Transfer Switch Market
- 8.7.1 Rest of LAMEA Automatic Transfer Switch Market by Switching Mechanism
- 8.7.2 Rest of LAMEA Automatic Transfer Switch Market by End-Use
- 8.7.3 Rest of LAMEA Automatic Transfer Switch Market by Transition Mode
Chapter 9. Company Profiles
- 9.1 General Electric Company
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 SWOT Analysis
- 9.2 Siemens AG
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.5.2 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 Generac Holdings, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Product Launches and Product Expansions:
- 9.3.5.2 Acquisition and Mergers:
- 9.3.6 SWOT Analysis
- 9.4 ABB Ltd.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Product Launches and Product Expansions:
- 9.4.6 SWOT Analysis
- 9.5 Kohler Co.
- 9.5.1 Company Overview
- 9.5.2 Recent strategies and developments:
- 9.5.2.1 Product Launches and Product Expansions:
- 9.5.3 SWOT Analysis
- 9.6 Schneider Electric SE
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Product Launches and Product Expansions:
- 9.6.6 SWOT Analysis
- 9.7 Caterpillar, Inc.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Product Launches and Product Expansions:
- 9.7.6 SWOT Analysis
- 9.8 Cummins, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional & Segmental Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Product Launches and Product Expansions:
- 9.8.6 SWOT Analysis
- 9.9 Eaton Corporation PLC
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 SWOT Analysis
- 9.10. Vertiv Holdings Co.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 SWOT Analysis
LIST OF TABLES
- 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.
