Backup Power Market Size By Application, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
58320 | Date :
Jan, 2023 | Pages :
192 | Region : Global |
Publisher : RI
Power outages can be caused due to natural calamities, overload, or equipment failures. It is a recurring problem that disrupts the operations in residential, commercial, and industrial sectors. The monetary losses incurred vary from sector to sector and can run into millions. Therefore, to minimize the losses and stay protected against utility power outages, backup power systems are being adopted where the momentary power outages do not disrupt the operations. For instance, installing a diesel generator for emergency backup can meet the full load that it is designed for under 10 seconds.
The availability of diverse backup power systems is one of the primary drivers for market growth. Traditionally, diesel power generators were used for backup power due to their relatively low price and the easy availability of diesel. However, over the years the increasing emission concerns due to the utilization of traditional power generators has led to the rise of alternate sources such as battery energy storage systems, hybrid power, and fuel cells. APAC is the fastest-growing segment of the backup power market, expected to showcase a CAGR of nearly 6% through the forecast period. The unreliability of grid power infrastructure in the developing countries of the region has created a strong need for backup power sources. The EU is encouraging distributed generation by providing feed in tariffs and incentives, which is driving the installation of off-grid energy systems such as fuel cells and battery energy storage systems.
The Global Backup Power Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023-2030.
As the report focuses on global Backup Power Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies- Aggreko
Bloom Energy
Caterpillar
Cummins
LG Chem
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Diesel Generator
Others
In Market segmentation by applications :
Residential
Non-Residential
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Backup Power Market for the forecast period 2023-2030?
• What are the driving forces in the Backup Power Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Backup Power industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Backup Power Market Size Growth Rate by Type (2020-2030)
1.3.2 Diesel Generator
1.3.3 Others
1.4 Market Segment by Application
1.4.1 Global Backup Power Market Share by Application (2020-2030)
1.4.2 Residential
1.4.3 Non-Residential
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Backup Power Production Value 2015-2030
2.1.2 Global Backup Power Production 2015-2030
2.1.3 Global Backup Power Capacity 2015-2030
2.1.4 Global Backup Power Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Backup Power Market Size CAGR of Key Regions
2.2.2 Global Backup Power Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Backup Power Capacity by Manufacturers
3.1.2 Global Backup Power Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Backup Power Revenue by Manufacturers (2018-2022)
3.2.2 Backup Power Revenue Share by Manufacturers (2018-2022)
3.2.3 Global Backup Power Market Concentration Ratio (CR5 and HHI)
3.3 Backup Power Price by Manufacturers
3.4 Key Manufacturers Backup Power Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Backup Power Market
3.6 Key Manufacturers Backup Power Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Diesel Generator Production and Production Value (2018-2022)
4.1.2 Others Production and Production Value (2018-2022)
4.2 Global Backup Power Production Market Share by Type
4.3 Global Backup Power Production Value Market Share by Type
4.4 Backup Power Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Backup Power Consumption by Application
6 Production by Regions
6.1 Global Backup Power Production (History Data) by Regions 2015-2020
6.2 Global Backup Power Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Backup Power Production Growth Rate 2015-2020
6.3.2 United States Backup Power Production Value Growth Rate 2015-2020
6.3.3 Key Players in United States
6.3.4 United States Backup Power Import & Export
6.4 European Union
6.4.1 European Union Backup Power Production Growth Rate 2015-2020
6.4.2 European Union Backup Power Production Value Growth Rate 2015-2020
6.4.3 Key Players in European Union
6.4.4 European Union Backup Power Import & Export
6.5 China
6.5.1 China Backup Power Production Growth Rate 2015-2020
6.5.2 China Backup Power Production Value Growth Rate 2015-2020
6.5.3 Key Players in China
6.5.4 China Backup Power Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Backup Power Consumption by Regions
7.1 Global Backup Power Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Backup Power Consumption by Type
7.2.2 United States Backup Power Consumption by Application
7.3 European Union
7.3.1 European Union Backup Power Consumption by Type
7.3.2 European Union Backup Power Consumption by Application
7.4 China
7.4.1 China Backup Power Consumption by Type
7.4.2 China Backup Power Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Backup Power Consumption by Type
7.5.2 Rest of World Backup Power Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 Aggreko
8.1.1 Aggreko Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Backup Power
8.1.4 Backup Power Product Introduction
8.1.5 Aggreko Recent Development
8.2 Bloom Energy
8.2.1 Bloom Energy Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Backup Power
8.2.4 Backup Power Product Introduction
8.2.5 Bloom Energy Recent Development
8.3 Caterpillar
8.3.1 Caterpillar Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Backup Power
8.3.4 Backup Power Product Introduction
8.3.5 Caterpillar Recent Development
8.4 Cummins
8.4.1 Cummins Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Backup Power
8.4.4 Backup Power Product Introduction
8.4.5 Cummins Recent Development
8.5 LG Chem
8.5.1 LG Chem Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Backup Power
8.5.4 Backup Power Product Introduction
8.5.5 LG Chem Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Backup Power Capacity, Production Forecast 2020-2030
9.1.2 Global Backup Power Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Backup Power Production and Value Forecast by Regions 2020-2030
9.2.2 Global Backup Power Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Backup Power Production Forecast by Type
9.7.2 Global Backup Power Production Value Forecast by Type
9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 Backup Power Sales Channels
10.2.2 Backup Power Distributors
10.3 Backup Power Customers
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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