Global Data Center Transfer Switches and Switchgears Market Size Set to Touch USD 5.03 Billion by 2029

Published | 09 October 2023

Global data center transfer switches and switchgears market is gaining traction because of the increasing data center demand and rising power quality concerns.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global data center transfer switches and switchgears market size at USD 2.9 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global data center transfer switches and switchgears market size to grow at a CAGR of 8.20% reaching a value of USD 5.03 billion by 2029. The increasing number of data centers worldwide, coupled with increased digitalization, as well as the critical requirement to regulate electrical supply in data centers, are major driving factors for the global data center transfer switches and switchgears market.

Global Data Center Transfer Switches and Switchgears Market – Overview

An electrical load can be moved between different power sources, such as utility power and generator power, using a transfer switch. It is used to connect electrical loads to a backup power source, usually a generator, during a power outage. Low-voltage distribution switchgear in a modular data center functions like a more powerful version of a home's circuit breaker panel: Power enters the data center through switchgear and is then routed and rerouted to divide the load across power sources as necessary. Distribution changes from utility to backup power in the case of a power outage to reduce or eliminate downtime.

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Global Data Center Transfer Switches and Switchgears Market

Segmental Information

Global Data Center Transfer Switches and Switchgears Market – By Switchgears Type

Based on switchgears type, the global data center transfer switches and switchgears market is split into low voltage and medium voltage. The low-voltage switchgear holds a larger share of the market by switchgear type. Low-voltage switchgear is simple to install, provides more protection and breaking capacity, and has superior dynamic stability. As a result, it is set up in various locations across the data centers to distribute electric power.

Impact of COVID-19 on the Global Data Center Transfer Switches and Switchgears Market

The unprecedented COVID-19 pandemic had a major impact on the expansion of the global data center transfer switches and switchgear market. Due to the implementation of lockdown and the development of a remote working culture, the pandemic caused a considerable increase in internet usage. This unexpected increase in internet traffic puts the data centers at risk of regular outages. Additionally, the government and commercial players increased their investments in the construction of new data centers, which significantly increased the demand for data center transfer switches and switchgear and fueled the expansion of the total market.

Competitive Landscape

Major players operating in the global data center transfer switches and switchgears market include ABB, Caterpillar, Inc., Cummins, Inc., Delta Electronics, Inc., Eaton, Siemens AG, Cisco Group of Companies, General Electric Company, Emerson Electric Co., Legrand, and Schneider Electric.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Data Center Transfer Switches and Switchgears Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Data Center Transfer Switches and Switchgears Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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