Global Transfer Switch Market Outlook: Rising Demand for Backup...

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2025-12-15 10:37:35 -

Global Transfer Switch Market Outlook: Rising Demand for Backup Power and Grid Resilience

IntroductionThe transfer switch market is witnessing steady growth as uninterrupted power supply becomes essential across residential, commercial, and industrial sectors. Insights from Stratview Research indicate that the transfer switch market was valued at US$ 1.4 billion in 2022 and is expected to grow at a CAGR of 6.8% from 2023 to 2028, reaching US$ 2.2 billion by 2028. Increasing power...

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