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The automatic transfer switches market size is estimated to increase by USD 285.2 million, growing at a CAGR of 6.78% between 2023 and 2028. The growing popularity of microgrid networks significantly drives the market. Microgrids, smaller than traditional electricity grids, operate similarly by generating, distributing, and regulating electricity flow to users. The increasing energy demand, rising population, and aging infrastructure have intensified the strain on conventional grids, leading to frequent outages in many countries. These outages not only impact end-users but also diminish the profitability of the utility sector and widen the gap between demand and supply. As a response, the adoption of ATS systems becomes imperative to ensure seamless transfer and continuity of service during grid disturbances. This trend underscores the importance of investing in resilient and adaptable energy infrastructure, where ATS solutions play a crucial role in enhancing grid reliability and meeting the evolving needs of modern electricity consumers.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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