Static Transfer System Market - Introduction

Static Transfer Systems (STS) are intelligent switches providing augmented supply availability. These systems are intended to transfer electric loads between two independent AC power sources without break when the primary power source fails or is not available. They enable flexible site maintenance ensuring high availability. The static transfer system solutions cover huge power ranges and are suitable for critical infrastructure in many areas such as data centers finance, banking, healthcare, telecommunications and media broadcasting, industry, power plants and transportation.

These systems also allow instantaneous transfer of power sources to the load and here the higher transferring time means that if one power source fails the static transfer systems switches to the holdup power source so rapidly that the load does not distinguishes the transfer being made.

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Static Transfer System Market – Competitive Landscape

General Electric

General Electric Company operates as a high-tech industrial company worldwide. It operates in Power, Renewable Energy, Aviation, Oil & Gas, Healthcare, Transportation, Lighting, and Capital segments. The company is also engaged in providing the static transfer system for different applications. Recently GE (General Electric) has launched new line of three-phase static transfer switches and single-phase static transfer switches for critical infrastructure applications. These products deliver power source dismissal in uninterruptible power supply (UPS) system architectures to upsurge product mean time between failure between the power source and the critical load, using structures such as internal triple redundancy of control power and logic

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Siemens AG

Siemens AG is a Germany-based technology company with activities in the fields of electrification, automation and digitalization. It is also a supplier of systems for power generation and transmission, as well as medical diagnosis. It operates in various segments that are power and gas, wind power and renewables, energy management, building technologies, mobility, digital factory, process industries & drives, and financial services. The energy management business segment includes static transfer systems products.

ABB

ABB business segments include electrification products, robotics and motion, industrial automation, power grids, and corporate and other. The company operates through four business segments that are electrification products, robotics and motion, industrial automation and power grids. The company is engaged in serving customers in utilities, industry and transport and infrastructure globally. The company is provides static transfer systems for applications in critical infrastructure and other uses. It is also engaged in product developments and new technological advancements.

Eaton                                           

The company provides solutions that help its customers manage electrical, hydraulic and mechanical power. Its segments include electrical products, electrical systems and services, hydraulics, aerospace and vehicle. Static transfer systems provided by the by the company falls under the electrical systems segment. The company Eaton Type II STS transfer electrical loads from one source to another and provides power availability. The Type II STS product manufactured the company is used to eliminate the chance of a loss of power to critical loads by properly coordinating with the electrical distribution system.

Schneider Electric

Schneider Electric SE is a France-based company that specializes in electricity distribution, automation management and produces installation components for energy management. The Company has five business segments that are energy and infrastructure, which includes medium and low voltage, installation systems and control, renewable energies and includes customer segments in utilities, marine, residential and oil & gas sector. The company provides MGE static transfer switches that are designed to provide redundancy and exceptional high reliability for automatic transfer between power sources.

Some of the key players operating in the market for global static transfer system market are  General Electric, ABB, Siemens AG, Eaton, Schneider Electric, Emerson Network Power, DELTA, AEG Power Solutions, Liebert, LayerZero Power Systems, BPC Energy and L-3 Marine & Power among others.

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Static Transfer System Market – Dynamics

Advantages Offered Static Transfer System

There are various advantages of the static transfer system that pushing the adoption of these systems in different industries as well as for commercial usage. These systems are important as they safeguards rapid transfers without cross connection of sources through patented algorithm, delivers redundant interior power distribution in all system control boards and improves system convenience by enabling quick response to events through improved monitoring and diagnostics. These compensations related to the static transfer system makes the industries to use these systems for better and smooth operations.

Increasing Demand for Static Transfer System in Data Centers

To decrease single-points-of-failure through redundancy in electrical connections, most manufacturers provide servers with two power cords that allow power transmission from two distinct sources. The static transfer system are designed in such a way that it integrates with data center solutions. For datacenter applications the static transfer system allows power drop risk to be shared or distributed to each rack to prevent power loss for the whole system. The static transfer system offers an efficient and reliable switch that supports the high redundancy requirements of mission critical power systems. These advances in static transfer system for data center application are boosting the market in forecast period.

Static Transfer System Market – Segmentation

The Static Transfer System market can be bifurcated on the basis of:

  • Type
  • Application
  • Region

Static Transfer System Market Segmentation – By Type

Depending on the type, the Static Transfer System market can be divided into:

  • Switch
  • Cabinet
  • Others

Static Transfer System Market Segmentation – By Application

On the basis of the application, the Static Transfer System market can be fragmented into:

  • E-commerce
  • Data Centers
  • Telecommunication
  • Semiconductor Industry
  • Power Industry
  • Others

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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