This research report will give you deep insights about the Static Transfer Switches (STS) Market and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of 150 pages. All our reports are usually purchased across industries by Executives, Managers, Senior Managers, Strategy people, Directors, Vice Presidents, CXOs, etc. and help them in understanding about the market trends and analysis, competition, industry landscape, market size, market revenue, forecast, COVID-19 impact analysis, SWOT analysis, etc.
Static transfer switch (STS) is a solid-state switch based on a silicon-controlled rectifier system. Static transfer switches (STS) are used for fast switching between electrical power sources. They conduct instantaneous switching operations and thus supply immediate power to the load. These switches are designed to transfer the supply from independent one-phase to three-phase AC power sources. In comparison to conventional automatic transfer switches (ATS) and manual transfer switches, static transfer switches provide 20 times faster load transfer, ensuring uninterrupted operation of even the most responsive electronic equipment. In addition, increasing implementation of static transfer switches across various industry verticals is expected to drive the market during forecast period.
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Here we have listed the top companies in the world
2. AEG Power Solutions
3. Delta Power Solutions
5. Inform Elektronik
6. Mitsubishi Electric
7. Piller Group
8. Schneider Electric
10. Vertiv Group Corp
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The growing adoption of smart grid technology around the world and quick growth of the static transfer switch due to use of IOT devices in smart homes is driving the growth of the static transfer switches (STS) market. However, the less awareness in developing nations may restrain the growth of the static transfer switches (STS) market. Furthermore, more technological advancement in static transfer switches (STS) and growing application of static transfer switches (STS) across various industries is anticipated to create market opportunities for the static transfer switches (STS) market during the forecast period
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