DUBLIN--(BUSINESS WIRE)--The "Global Automatic Transfer Switches Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
Global automatic transfer switches market will earn a revenue of more than USD 1108 million by 2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is growing popularity of microgrid networks. A microgrid produces, distributes, and controls the flow of electricity to the consumers. Microgrids are useful in central grid systems during power outages as they can operate independently. These grids can isolate their generation loads using automatic transfer switches.
According to the report, one driver in the market is continuous growth of uninterrupted power applications. The increasing demand for energy, rising population, and aging power infrastructure have increased the strain on power grids, which is a major cause of power outages in most countries.
Further, the report states that one challenge in the market is impact of regulatory standards on ATS design. The automatic transfer switches market is regulated by various international and regional electrical commissions, and all ATS products that enter the market are subjected to stringent regulations.
- General Electric
- Schneider Electric
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Customer Landscape
8. Market Segmentation by End-User
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/l656jk/global_automatic?w=4