DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vzpcj4/global_transfer) has announced the addition of the "Global Transfer Switch Market 2016-2020" report to their offering.
The global transfer switch market is expected to grow at a CAGR of 6.92% during the period 2016-2020.
Transfer switches are employed in charging stations for EVs. With the rise in production of EVs and HEVs, we expect an increased construction of these charging stations, which will drive the demand for transfer switches.
According to the report, the market is driven by the demand for transfer switches from data centers, telecom power systems, and healthcare facilities. The telecom industry is a major end-user of transfer switches. The telecom companies aim at ensuring continuous service to the customers, for which the telecom towers are required to have a constant and sufficient access to power supply. Therefore, this sector offers significant potential for market growth of transfer switches.
Further, the report states that fluctuating prices of raw materials have become a major concern for vendors as these hamper their plans while forecasting demand and developing and executing manufacturing plans and inventory management. Such fluctuations can also result in reduced profit margins for vendors.
Key vendors:
- ABB
- Cummins
- Eaton
- Emerson Electric
-
General Electric
Key questions answered in this report:
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/vzpcj4/global_transfer