Report Detail

Energy & Power Global Backup Power Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

  • RnM4603652
  • |
  • 20 July, 2024
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  • Global
  • |
  • 91 Pages
  • |
  • GIR (Global Info Research)
  • |
  • Energy & Power

According to our (Global Info Research) latest study, the global Backup Power market size was valued at USD 14520 million in 2023 and is forecast to a readjusted size of USD 20140 million by 2030 with a CAGR of 4.8% during review period.
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 Info Research report includes an overview of the development of the Backup Power industry chain, the market status of Residential (Diesel Generator, Others), Non-Residential (Diesel Generator, Others), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Backup Power.
Regionally, the report analyzes the Backup Power markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Backup Power market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Backup Power market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Backup Power industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Diesel Generator, Others).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Backup Power market.
Regional Analysis: The report involves examining the Backup Power market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Backup Power market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Backup Power:
Company Analysis: Report covers individual Backup Power manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Backup Power This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential, Non-Residential).
Technology Analysis: Report covers specific technologies relevant to Backup Power. It assesses the current state, advancements, and potential future developments in Backup Power areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Backup Power market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Backup Power market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Diesel Generator
Others
Market segment by Application
Residential
Non-Residential
Major players covered
Aggreko
Bloom Energy
Caterpillar
Cummins
LG Chem
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Backup Power product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Backup Power, with price, sales, revenue and global market share of Backup Power from 2019 to 2024.
Chapter 3, the Backup Power competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Backup Power breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Backup Power market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Backup Power.
Chapter 14 and 15, to describe Backup Power sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Backup Power
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Backup Power Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Diesel Generator
    • 1.3.3 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Backup Power Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Residential
    • 1.4.3 Non-Residential
  • 1.5 Global Backup Power Market Size & Forecast
    • 1.5.1 Global Backup Power Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Backup Power Sales Quantity (2019-2030)
    • 1.5.3 Global Backup Power Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 Aggreko
    • 2.1.1 Aggreko Details
    • 2.1.2 Aggreko Major Business
    • 2.1.3 Aggreko Backup Power Product and Services
    • 2.1.4 Aggreko Backup Power Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Aggreko Recent Developments/Updates
  • 2.2 Bloom Energy
    • 2.2.1 Bloom Energy Details
    • 2.2.2 Bloom Energy Major Business
    • 2.2.3 Bloom Energy Backup Power Product and Services
    • 2.2.4 Bloom Energy Backup Power Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Bloom Energy Recent Developments/Updates
  • 2.3 Caterpillar
    • 2.3.1 Caterpillar Details
    • 2.3.2 Caterpillar Major Business
    • 2.3.3 Caterpillar Backup Power Product and Services
    • 2.3.4 Caterpillar Backup Power Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Caterpillar Recent Developments/Updates
  • 2.4 Cummins
    • 2.4.1 Cummins Details
    • 2.4.2 Cummins Major Business
    • 2.4.3 Cummins Backup Power Product and Services
    • 2.4.4 Cummins Backup Power Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Cummins Recent Developments/Updates
  • 2.5 LG Chem
    • 2.5.1 LG Chem Details
    • 2.5.2 LG Chem Major Business
    • 2.5.3 LG Chem Backup Power Product and Services
    • 2.5.4 LG Chem Backup Power Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 LG Chem Recent Developments/Updates

3 Competitive Environment: Backup Power by Manufacturer

  • 3.1 Global Backup Power Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Backup Power Revenue by Manufacturer (2019-2024)
  • 3.3 Global Backup Power Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Backup Power by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Backup Power Manufacturer Market Share in 2023
    • 3.4.2 Top 6 Backup Power Manufacturer Market Share in 2023
  • 3.5 Backup Power Market: Overall Company Footprint Analysis
    • 3.5.1 Backup Power Market: Region Footprint
    • 3.5.2 Backup Power Market: Company Product Type Footprint
    • 3.5.3 Backup Power Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Backup Power Market Size by Region
    • 4.1.1 Global Backup Power Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Backup Power Consumption Value by Region (2019-2030)
    • 4.1.3 Global Backup Power Average Price by Region (2019-2030)
  • 4.2 North America Backup Power Consumption Value (2019-2030)
  • 4.3 Europe Backup Power Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Backup Power Consumption Value (2019-2030)
  • 4.5 South America Backup Power Consumption Value (2019-2030)
  • 4.6 Middle East and Africa Backup Power Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Backup Power Sales Quantity by Type (2019-2030)
  • 5.2 Global Backup Power Consumption Value by Type (2019-2030)
  • 5.3 Global Backup Power Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Backup Power Sales Quantity by Application (2019-2030)
  • 6.2 Global Backup Power Consumption Value by Application (2019-2030)
  • 6.3 Global Backup Power Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Backup Power Sales Quantity by Type (2019-2030)
  • 7.2 North America Backup Power Sales Quantity by Application (2019-2030)
  • 7.3 North America Backup Power Market Size by Country
    • 7.3.1 North America Backup Power Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Backup Power Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Backup Power Sales Quantity by Type (2019-2030)
  • 8.2 Europe Backup Power Sales Quantity by Application (2019-2030)
  • 8.3 Europe Backup Power Market Size by Country
    • 8.3.1 Europe Backup Power Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Backup Power Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Backup Power Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Backup Power Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Backup Power Market Size by Region
    • 9.3.1 Asia-Pacific Backup Power Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Backup Power Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Backup Power Sales Quantity by Type (2019-2030)
  • 10.2 South America Backup Power Sales Quantity by Application (2019-2030)
  • 10.3 South America Backup Power Market Size by Country
    • 10.3.1 South America Backup Power Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Backup Power Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Backup Power Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Backup Power Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Backup Power Market Size by Country
    • 11.3.1 Middle East & Africa Backup Power Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Backup Power Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Backup Power Market Drivers
  • 12.2 Backup Power Market Restraints
  • 12.3 Backup Power Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Backup Power and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Backup Power
  • 13.3 Backup Power Production Process
  • 13.4 Backup Power Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Backup Power Typical Distributors
  • 14.3 Backup Power Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Backup Power. Industry analysis & Market Report on Backup Power is a syndicated market report, published as Global Backup Power Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Backup Power market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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