Static Transfer Switches (STS) Market 2020 – Types, Applications, Drivers, Challenges, Opportunities, Shares, Countries, Revenue Analysis & Forecast to 2027
Static transfer switch (STS) is a solid-state switch based on a silicon-controlled rectifier system. Static transfer switches (STS) are used for fast switching between electrical power sources. They conduct instantaneous switching operations and thus supply immediate power to the load. These switches are designed to transfer the supply from independent one-phase to three-phase AC power sources. In comparison to conventional automatic transfer switches (ATS) and manual transfer switches, static transfer switches provide 20 times faster load transfer, ensuring uninterrupted operation of even the most responsive electronic equipment. In addition, increasing implementation of static transfer switches across various industry verticals is expected to drive the market during forecast period.
The growing adoption of smart grid technology around the world and quick growth of the static transfer switch due to use of IOT devices in smart homes is driving the growth of the static transfer switches (STS) market. However, the less awareness in developing nations may restrain the growth of the static transfer switches (STS) market. Furthermore, more technological advancement in static transfer switches (STS) and growing application of static transfer switches (STS) across various industries is anticipated to create market opportunities for the static transfer switches (STS) market during the forecast period
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The proposed Static Transfer Switches Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes a detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.
The Static Transfer Switches Market sample report includes an exclusive analysis of the COVID-19 pandemic on the market space under scrutiny. The sample represents the format of the overall study which is designed to provide clarity on the structure of the report and some data points demonstrated in an attempt to provide insights into the study quality.
Furthermore, the Static Transfer Switches Market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the whole market, the study can be tailor-made to fit your exact requirements.
The Structure of The Static Transfer Switches Market Report Can Be Categorized into Following Sections:
- Section 1: Scope of the Report & Research Methodology
- Section 2: Key Takeaways
- Section 3: Market variables & their impact on growth and analytical tools providing High-Level Insights into the Market Dynamics and Growth Pattern
- Section 4: Market Estimates and Forecasts (with the base year as 2019, historic information of 2016 & 2018 and forecast from 2020 to 2027). Regional and Country Level Estimates and Forecasts for each category are summed up to form the Global Market.
- Section 5: Competitive Landscape. Attributes such as Strategy Framework, Competitor Categorization are included to provide elaborate details on the Market Structure & Strategic Undertakings as well as their impact.
The Prominent/Emerging Players In The Static Transfer Switches Market Research Include:
2. AEG Power Solutions
3. Delta Power Solutions
5. Inform Elektronik
6. Mitsubishi Electric
7. Piller Group
8. Schneider Electric
10. Vertiv Group Corp
The global static transfer switches (STS) market is segmented on the basis of type, operating voltage, and application. On the basis of type, the market is segmented as single phase and three phase. Further, based on operating voltage, market is segmented into low voltage, medium voltage, and high voltage. Similarly, on the basis of application, the market is segmented as telecommunication, automotive, manufacturing, information technology, and others.
The Static Transfer Switches Market Company Profiles are individually represented for all major participants and indices such as Financial Performance, Strategic Initiatives, Product Portfolio & Company Overview.
Company overview provides information about the location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.
Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the subtitle “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in the market are covered under the strategic initiatives section.
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The Static Transfer Switches Market research study is designed to keep in focus all the major countries. Although all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries that are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.
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