LONDON, Nov. 4, 2019 /PRNewswire/ -- Analysis by Application (Standby, Prime and Peak Shave), Transition Type (Open Transition and Closed Transition), by Voltage (Medium Voltage and Low Voltage), by End-User (Commercial and Industrial), Company and Country Analysis and Forecasts
Market Definition:
• Paralleling switchgear is a system designed according to the changing technologies in an engine generator design, monitoring systems and switchgear control. When the utility fails, the transfer switches signals the master of the outage, the master then communicates with the on-board controller to start up.
• Paralleling Switchgears offer advanced digital and reliable controls by separating and managing the control of generators from load distribution control independently.
Market Overview and Trends
• In March 2018, Siemens announced it planned to acquire Massachusetts-based Russelectric which manufactures power control systems including automatic transfer switches and paralleling switchgear.
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Market Dynamics:
Factors Influencing the Market Growth:
• Growth in Healthcare, Data Centers, and BFSI Sector
• Need for Reliable and Uninterrupted Power Supply
• Need for Reliable and Uninterrupted Power Supply
Factors Restraining the Market Growth:
• Cost Constraint
• Complexity in Control System
To find out more about this report please contact Sara Peerun at sara.peerun@visiongain.com or refer to our website: https://www.visiongain.com/report/global-paralleling-switchgear-market-report-2019-2029/
Market Segmentation 2019-2029:
Application
• Standby Market, 2019-2029
• Prime Market, 2019-2029
• Peak Shave Market, 2019-2029
Transition Type
• Open Transition Market, 2019-2029
• Closed Transition Market, 2019-2029
Voltage
• Medium Voltage Market, 2019-2029
• Low Voltage Market, 2019-2029
End User
• Commercial Market, 2019-2029
• Industrial Market, 2019-2029
Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Latin America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Middle East and Africa Market, 2019-2029
Competitive Analysis:
• Companies are actively engaged in different developmental strategies such as acquisition and mergers in order to improve and increase their foothold in the global Paralleling Switchgear market.
Did you know that we also offer a report add-on service? Email sara.peerun@visiongain.com to discuss any customized research needs you may have.
Companies covered in the report include:
Advanced Power Technologies
Caterpillar
Cummins
Enercon Engineering
GE
Industrial Electric Mfg
Kohler
Pioneer Power Solutions (Pioneer Critical Power)
Regal Beloit Corporation (Thomson Power Systems)
Rolls-Royce (MTU Onsite Energy)
Russelectric
Schneider Electric (Asco Power Technologies)
To discuss this report please e-mail Sara Peerun on sara.peerun@visiongain.com
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