About Static Transfer Systems
The growing industrialization across the globe and rising demand from end use industries are the factors driving the global static transfer systems market. Static Transfer Systems (STS) are intelligent components which transfer the load to an alternative source when the primary source is out of tolerance. This ensures high availability of the power supply for sensitive or acute installations. These systems consists of reliable and proven solid-state switching technologies which allow them to perform fast, totally safe automatic or manual switching without intersecting power to the supplied systems.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Leading key players of static transfer systems are focusing on strategic partnerships to improve their products and services. Also, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
General Electric (United States), ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider Electric (France), AEG Power Solutions (Netherlands), Liebert (United States), LayerZero Power Systems (United States), BPC Energy (United Kingdom) and Toshiba (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are L-3 Marine & Power (United States), Inform UPS (Turkey) and JS Fleming (United States).
Segmentation Overview
AMA Research has segmented the market of Global Static Transfer Systems market by Type (Switch, Cabinet and Others), Application (E-Commerce, Data Centers, Telecommunication, Semiconductor Industry, Power Industry and Others) and Region.
On the basis of geography, the market of Static Transfer Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Static Transfer Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Industrialization across the Globe
- Rising Demand from End Use Industries
Opportunities
- Increasing Demand from Developing Countries
Restraints
- High Cost of Static Transfer Systems
Challenges
- Needs More Maintenance than a Manual Model
Key Target Audience
Manufacturers of Static Transfer Systems, Suppliers of Raw Materials, Distributors and Retailers of Static Transfer Systems, Semiconductor Industry, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.