Data Center Transfer Switches And Switchgears Market To Reach $5.42 Billion By 2030

Data Center Transfer Switches And Switchgears Market Growth & Trends

The global data center transfer switches and switchgears market size is estimated to reach USD 5.42 billion by 2030, expanding at a CAGR of 9.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is attributed to the benefits offered by electrical devices such as protecting and isolating the electrical equipment that are directly linked to the electrical supply of the data centers. Moreover, transfer switches and switchgears, switch from primary source to back up supply like a UPS, and generators, thus allowing uninterruptible power supply operation in the datacenters.

Furthermore, volume of data to be stored in data centers has been increasing owing to the rise in cloud computing, mobile usage, and the evolution of the internet of things. Thus, datacenter operators need to function without interruption of power in order to prevent the loss of data. Moreover, the electrical devices ensure reliable power distribution throughout the data center and are responsible for handling utility as well as backup power supply. Thus, owing to the aforementioned factors the market is expected to witness significant growth over the forecast period.

Additionally, the companies operating in the market are focusing on offering advanced features to the equipment. However, companies like Eaton, Legrand, and ABB, are focused on introducing features like real time voltage monitoring, bypass isolation, evaluating load on the system, and identifying reserve capacity. These features ensure switchgears and transfer switches to switch faster between the backup and utility power based on the varying load conditions and power outages. Such advancements minimize the downtime and ensure continuous operation of the datacenter which is thereby expected to drive the market.

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Data Center Transfer Switches and Switchgears Market Report Highlights

• High adoption of low voltage switchgears and automatic transfer switches is expected to drive the market

• The Asia Pacific market is expected to grow at the fastest CAGR over the forecast period owing to the increase in the construction of datacenters. North America dominates the market with highest market share

• The key market players are focused on forming mergers and acquisitions, Caterpillar's power solutions assist data centers in meeting uptime goals at numerous facilities globally. Caterpillar provides diesel and gas generator sets that are efficient and have high power densities. These sets are equipped with automatic transfer switches (ATS) and switchgear that are customized for data centers' continuous, standby, and temporary power needs.

Data Center Transfer Switches and Switchgears Market Segmentation

Grand View Research has segmented the global data center transfer switches and switchgears market based on transfer switch, switchgear, and region:

Data Center Transfer Switches and Switchgears Market Transfer Switch Outlook (Revenue, USD Million, 2018 - 2030)

• Static Transfer Switches

• Automatic Transfer Switches

• Bypass Isolation Transfer Switches

• Service Entrance Transfer Switches

Data Center Transfer Switches and Switchgears Market Switchgear Outlook (Revenue, USD Million, 2018 - 2030)

• Low Voltage Power Control System

• Medium Voltage Power Control System

Data Center Transfer Switches and Switchgears Market Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

• Latin America

  • Brazil

• Middle East and Africa (MEA)

  • Saudi Arabia

  • South Africa

  • UAE

List of Key Players in Data Center Transfer Switches And Switchgears Market

• ABB

• Caterpillar

• Cummins Inc

• Eaton

• Emerson Electric Co.

• Legrand

• Siemens

• GE Grid Solutions, LLC

• Titan Power, Inc.

• Schneider Electric