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Automatic Transfer Switch Market Trends

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

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Automatic Transfer Switch Market Trends

The automatic transfer switch meter market is experiencing significant growth driven by several key factors. Shift towards smart and digital ATS solutions with improved connectivity, real-time monitoring, and predictive maintenance is driving more efficient power management, supporting demand for automation in power systems. For instance, in April 2021, Kohler Power Systems introduced a new range of electrically operated bypass-isolation transfer switches, developed in partnership with ASCO. These switches, available in standard (KAS) and programmed (KAP) transition configurations, feature single-touch controls that allow users to seamlessly transfer critical loads between power sources. These trends highlight the shifting demands for a modern, dependable, and sustainable power infrastructure.

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.