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Automatic Transfer Switch Market Size

Report ID: GMI5881
Published Date: Dec 2024
Report Format: PDF

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Automatic Transfer Switch Market Size

The global automatic transfer switch market was valued at USD 1.7 billion in 2024 and is estimated to grow at a CAGR 5.4% from 2025 to 2034. The market is driven by growing demand for reliable power supply across residential, commercial, and industrial sectors. Rise in renewable energy integration and distributed generation systems further fuels market growth, as ATS facilitates efficient switching between grid and backup power sources.

Automatic Transfer Switch Market

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Technological advancements including smart and programmable ATS solutions improve efficiency and enable real-time monitoring, meeting demand for automated power management. For instance, in May 2021, Cummins introduced a new line of UL1008 transfer switches, offering industry-leading withstand and closing ratings. These switches are equipped with an advanced control system to enhance reliability and performance. Moreover, rising investments in essential infrastructure, including data centers, healthcare facilities, and manufacturing plants, are driving adoption of ATS systems.

Automatic Transfer Switch Market Report Attributes
Report Attribute	Details
Base Year:	2024
Automatic Transfer Switch Market Size in 2024:	USD 1.7 billion
Forecast Period:	2025 – 2034
Forecast Period 2025 – 2034 CAGR:	5.4%
2025 – 2034 Value Projection:	USD 2.9 Billion
Historical Data for:	2021 – 2024
No. of Pages:	100
Tables, Charts & Figures:	20
Segments covered:	Switching Mechanism, Transition, Ampere Rating, Installation
Growth Drivers:	Increasing demand for refurbishment of electric grid networks Growing security of supply concerns Large-scale renewable integration reforms
Pitfalls & Challenges:	Increasing demand for off grid electricity Advancing auxiliary switching technologies

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Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The global automatic transfer switch industry was valued at USD 1.7 billion in 2024 and is estimated to grow at a 5.4% CAGR from 2025 to 2034, driven by the increasing demand for reliable power supply across various sectors.

The market for circuit breaker switching mechanisms is projected to surpass USD 1.6 billion by 2034, driven by the demand for more efficient and reliable power transfer solutions.

The U.S. automatic transfer switch market is projected to exceed USD 540 million by 2034, fueled by the increasing demand for uninterrupted and reliable power supply across various sectors.

Key players in the industry include ABB, AEG Power Solutions, Briggs & Stratton, Caterpillar, Cummins, Eaton, Generac Power Systems, General Electric, Global Power Supply, Kohler, and One Two Three Electric.