바이패스 스위치 시장 : 오퍼레이션 모드별, 용도별, 최종 용도 산업별, 예측(2024-2032년)

Global Bypass Switch Market will exhibit 6.5% CAGR from 2024 to 2032 owing to rising demand for uninterrupted power supply solutions across critical sectors such as healthcare and data centers. Technological breakthroughs enhancing switch reliability and efficiency further propel market expansion. As industries prioritize operational continuity and reliability, bypass switches play a crucial role in ensuring seamless power transfer during maintenance or emergencies. These factors underscore a growing market need for advanced switch solutions capable of safeguarding electrical infrastructure and supporting uninterrupted operations in modern industrial environments.

For instance, in November 2023, Hiitio launched the DC Isolation Switch, designed to improve electrical safety in DC power systems. This innovative switch ensures dependable isolation and control across diverse applications. The introduction of such advanced solutions will drive the demand for bypass switches, particularly in industries reliant on DC power, including renewable energy, telecommunications, and electric vehicle infrastructure. This development underscores a growing emphasis on safety and efficiency in electrical systems, influencing market growth and the adoption of specialized switch solutions worldwide.

The bypass switch industry is fragmented based on mode of operation, end-user industry, application, and region.

The uninterruptible power supply {ups} systems segment will experience a substantial surge between 2024 and 2032, fueled by its critical role in ensuring continuous power supply during electrical failures. Bypass switches complement UPS systems by providing alternative power paths for maintenance or emergencies. With increasing reliance on consistent power delivery across industries such as data centers, healthcare, and telecommunications, UPS systems drive demand for reliable bypass solutions. This segment's dominance reflects its essentiality in maintaining operational continuity and safeguarding sensitive equipment from power disruptions.

The manufacturing segment will capture sizable gains through 2032, driven by its extensive use of industrial machinery reliant on an uninterrupted power supply. Bypass switches play a crucial role in maintaining operational continuity during maintenance or electrical failures, ensuring minimal downtime and production disruptions. As manufacturing processes increasingly rely on continuous power for efficiency and productivity, the demand for robust bypass switch solutions grows. This segment's prominence underscores its vital role in safeguarding manufacturing operations and supporting the seamless operation of critical equipment.

Europe bypass switch market share will expand at a notable CAGR from 2024 to 2032, propelled by stringent regulations and high adoption rates of advanced electrical infrastructure. The region's focus on industrial automation and reliable power distribution systems enhances demand for bypass switches in critical sectors like manufacturing, healthcare, and telecommunications. With increasing investments in smart grid technologies and sustainable energy solutions, Europe's contribution to the bypass switch industry underscores its pivotal role as a leader in innovative electrical and power management solutions.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definition
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data Sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry 360 degree synopsis, 2021 - 2032
• 2.2 Business trends
  • 2.2.1 Total addressable market (TAM), 2024-2032

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Vendor matrix
• 3.3 Profit margin analysis
• 3.4 Technology & innovation landscape
• 3.5 Patent analysis
• 3.6 Key news and initiatives
• 3.7 Regulatory landscape
• 3.8 Impact forces
  • 3.8.1 Growth drivers
    • 3.8.1.1 Expansion of data centers
    • 3.8.1.2 Rising trends toward industrial automation
    • 3.8.1.3 Infrastructure development in emerging economies
    • 3.8.1.4 Increasing demand for EV charging infrastructure
    • 3.8.1.5 Growth in the renewable energy sector
  • 3.8.2 Industry pitfalls & challenges
    • 3.8.2.1 High installation and maintenance costs
    • 3.8.2.2 Complexity of system integration
• 3.9 Growth potential analysis
• 3.10 Porter's analysis
  • 3.10.1 Supplier power
  • 3.10.2 Buyer power
  • 3.10.3 Threat of new entrants
  • 3.10.4 Threat of substitutes
  • 3.10.5 Industry rivalry
• 3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Mode of Operation, 2021-2032 (USD Million)

• 5.1 Key trends
• 5.2 Manual switches
• 5.3 Automatic switches

Chapter 6 Market Estimates & Forecast, By Application, 2021-2032 (USD Million)

• 6.1 Key trends
• 6.2 Maintenance
• 6.3 Uninterruptible power supply (UPS) systems
• 6.4 Fault protection
• 6.5 Energy management
• 6.6 Others

Chapter 7 Market Estimates & Forecast, By End-use Industry, 2021-2032 (USD Million)

• 7.1 Key trends
• 7.2 Data centers & IT infrastructure
• 7.3 Telecommunication
• 7.4 Manufacturing
• 7.5 Power & energy
• 7.6 Healthcare
• 7.7 Others

Chapter 8 Market Estimates & Forecast, By Region, 2021-2032 (USD Million)

• 8.1 Key trends
• 8.2 North America
  • 8.2.1 U.S.
  • 8.2.2 Canada
• 8.3 Europe
  • 8.3.1 UK
  • 8.3.2 Germany
  • 8.3.3 France
  • 8.3.4 Italy
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 China
  • 8.4.2 India
  • 8.4.3 Japan
  • 8.4.4 South Korea
  • 8.4.5 ANZ
  • 8.4.6 Rest of Asia Pacific
• 8.5 Latin America
  • 8.5.1 Brazil
  • 8.5.2 Mexico
  • 8.5.3 Rest of Latin America
• 8.6 MEA
  • 8.6.1 UAE
  • 8.6.2 South Africa
  • 8.6.3 Saudi Arabia
  • 8.6.4 Rest of MEA

Chapter 9 Company Profiles

• 9.1 ABB Ltd.
• 9.2 Agiltron Inc.
• 9.3 ARIA Technologies Inc.
• 9.4 Eaton Corporation plc
• 9.5 Fibernet Inc.
• 9.6 Honeywell International Inc.
• 9.7 Legrand KSA
• 9.8 Liteway Inc.
• 9.9 Mitsubishi Electric Corporation
• 9.10 Moxa Inc.
• 9.11 PLC Technology Inc.
• 9.12 RAD Data Communications Ltd.
• 9.13 Rockwell Automation Inc.
• 9.14 Schneider Electric
• 9.15 Siemens AG