Asia Pacific Transfer Switches Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Asia Pacific Transfer Switches is segmented by Applications (Industrial, Commercial, Residential), and by Type ( Manual, Automatic) and Country.

Asia Pacific Transfer Switches Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

APAC Transfer Switches Market Size

Asia Pacific Transfer Switches Market Size
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 6.67 %
Market Concentration Medium

Major Players

Asia Pacific Transfer Switches Market Key Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Asia Pacific Transfer Switches Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

APAC Transfer Switches Market Analysis

The Asia Pacific Transfer Switches Market is expected to register a CAGR of 6.67% during the forecast period.

  • Transfer switches are devices that allow users to transfer between different power sources, most commonly backup generators. It provides numerous industries with assurance, simplicity, and hassle-free continuous and switching power supply. As a result, their growth is influenced and reliant on the power and transmission industries.
  • The increasing urbanization and industrialization are developing the need for transfer switches. According to the World Bank, the urbanization rate in Vietnam increased from 36.63% in 2019 to 37.34% in 2020. In addition, in Indonesia, the urbanization rate increased from 55.99% in 2019 to 56.64% in 2020. The increase in urbanization creates a need for modern electrical infrastructure, driving the growth of the market.
  • The propelling investments by the vendors operating in the market are also triggering the market's growth. In May 2021, Cummins Inc. introduced its power transfer equipment for mission-critical and life-saving applications, the PowerCommand X-Series transfer switches.
  • Available in automatic and non-automatic configurations, the new switches are designed for versatility and offer current ratings from 40 to 3000 amps. They are suitable for a broad range of applications, including commercial retail facilities, healthcare centers, and large data centers. Additionally, the PowerCommand X-Series transfer switches incorporate a newly designed high endurance mechanism (HEM) engineered to accommodate very large current loads for extended periods with no failure or loss of control.
  • Further, despite several innovations, these switches are still susceptible to various hazards if not appropriately operated with safety precautions. Electrical shock and burns, fire and explosions, heat build-up, and mechanical hazards are some of the hazards that these switches can cause. Hence, these factors act as certain restraining factors in the studied market.

APAC Transfer Switches Industry Overview

The Asia Pacific Transfer Switch market is moderately consolidated, with many market players cornering a very minimal share in the market. The development of regional markets and increasing shares of local players in foreign direct investments are the major factors promoting the fragmented nature of the market.

  • October 2021: Schneider Electric has unveiled its next-generation TransferPacT Automated Transfer Switching Equipment (ATSE) - a family of high-speed, compact, modular intelligent automatic transfer switches that provide a stable backup power supply with greater scalability and reliability. TransferPacT Automatic has simple settings and an easy-to-read UI, but TransferPacT Active Automatic has more features and can connect to an external HMI.
  • May 2021: The PowerCommand X-Series transfer switches from Cummins, Inc. are the next generation of reliable power transfer equipment for mission-critical and life-saving applications. With current ratings ranging from 40 amps to 3000 amps, the PowerComand X-Series transfer switches are built for versatility. The new products have the highest UL1008 time-based and short-time withstand and closure ratings (WCR) in the industry and are offered as transfer switches and service-entrance certified transfer switches.

APAC Transfer Switches Market Leaders

  1. ABB Ltd

  2. Schneider Electric SE

  3. Cummins Inc.

  4. Generac Power Systems Inc.​

  5. Siemens AG​

  6. *Disclaimer: Major Players sorted in no particular order
ABB Ltd, Schneider Electric SE, Cummins Inc., Generac Power Systems Inc.​, Siemens AG​
Need More Details on Market Players and Competiters?
Download PDF

APAC Transfer Switches Market News

  • September 2021: Infratil committed USD 233 million (EUR 197 million) to establish Gurīn Energy, a renewable energy development platform to develop projects across Asia. The Singapore-headquartered Gurīn Energy aims to invest in the development of wind and solar photovoltaic energy projects and storage solutions in Southeast Asia, North Asia, and India. It is already "rapidly progressing" an initial pipeline of projects of 500MW at various stages of development in the Philippines, Vietnam, Thailand, Indonesia, and Japan, said Infratil. Such trends are expected to boost the growth of the studied market in the region
  • April 2021: The International Renewable Energy Agency (IRENA) and the State Grid Corporation of China signed a new Memorandum of Understanding (MoU) that support grid enhancements, system flexibility, and sector coupling in China and IRENA's Clean Energy Corridor regions. Under the agreement, IRENA and SGCC conducted joint activities and collaborative studies to enhance the flexible operation of power grids, decarbonize urban energy systems, and facilitate grid development, focusing on applying smart grids and sector coupling strategies.

APAC Transfer Switches Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Assessment of the Impact of COVID-19 on the Industry
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitutes
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Deployment of Smart Grid Networks and Integration of Renewable Energy Sources into Energy Mix
  • 5.2 Market Challenges

6. MARKET SEGMENTATION

  • 6.1 By Application
    • 6.1.1 Industrial
    • 6.1.2 Commercial
    • 6.1.3 Residential
  • 6.2 By Type
    • 6.2.1 Manual
    • 6.2.2 Automatic
  • 6.3 By Country
    • 6.3.1 China
    • 6.3.2 Japan
    • 6.3.3 South Korea
    • 6.3.4 South East Asia
    • 6.3.5 Australia and New Zealand
    • 6.3.6 Rest of Asia Pacific

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 ABB Ltd
    • 7.1.2 Schneider Electric SE
    • 7.1.3 Generac Power Systems Inc.
    • 7.1.4 Cummins Inc.
    • 7.1.5 Siemens AG
    • 7.1.6 Eaton Corporation PLC
    • 7.1.7 Kohler Power
    • 7.1.8 DynaGen
    • 7.1.9 Emerson Electric Company
    • 7.1.10 General Electric
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

APAC Transfer Switches Industry Segmentation

A transfer switch is a critical component of any emergency or standby power system. When the normal (preferred) source of power is lost, a transfer switch quickly and safely shifts the load circuit from the normal source of power to the emergency (alternate) source of power. The Asia Pacific Transfer Switches are segmented by Applications (Industrial, Commercial, Residential) and by Type ( Manual, Automatic) and Country.

By Application Industrial
Commercial
Residential
By Type Manual
Automatic
By Country China
Japan
South Korea
South East Asia
Australia and New Zealand
Rest of Asia Pacific
Need A Different Region or Segment?
Customize Now

APAC Transfer Switches Market Research FAQs

What is the current Asia Pacific Transfer Switches Market size?

The Asia Pacific Transfer Switches Market is projected to register a CAGR of 6.67% during the forecast period (2025-2030)

Who are the key players in Asia Pacific Transfer Switches Market?

ABB Ltd, Schneider Electric SE, Cummins Inc., Generac Power Systems Inc.​ and Siemens AG​ are the major companies operating in the Asia Pacific Transfer Switches Market.

What years does this Asia Pacific Transfer Switches Market cover?

The report covers the Asia Pacific Transfer Switches Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia Pacific Transfer Switches Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Asia Pacific Transfer Switches Industry Report

Statistics for the 2025 Asia Pacific Transfer Switches market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Transfer Switches analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.