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Synopsis
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 global Backup Power market was valued at US$ 14110 million in 2023 and is anticipated to reach US$ 19970 million by 2030, witnessing a CAGR of 5.0% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Backup Power, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Backup Power.
Report Scope
The Backup Power market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Backup Power market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Backup Power manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Aggreko
- Bloom Energy
- Caterpillar
- Cummins
- LG Chem
Segment by Type
- Diesel Generator
- Others
Segment by Application
- Residential
- Non-Residential
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Backup Power manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Backup Power by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Backup Power in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Backup Power Market Overview
1.1 Product Definition
1.2 Backup Power Segment by Type
1.2.1 Global Backup Power Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Diesel Generator
1.2.3 Others
1.3 Backup Power Segment by Application
1.3.1 Global Backup Power Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Non-Residential
1.4 Global Market Growth Prospects
1.4.1 Global Backup Power Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Backup Power Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Backup Power Production Estimates and Forecasts (2019-2030)
1.4.4 Global Backup Power Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Backup Power Production Market Share by Manufacturers (2019-2024)
2.2 Global Backup Power Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Backup Power, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Backup Power Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Backup Power Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Backup Power, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Backup Power, Product Offered and Application
2.8 Global Key Manufacturers of Backup Power, Date of Enter into This Industry
2.9 Backup Power Market Competitive Situation and Trends
2.9.1 Backup Power Market Concentration Rate
2.9.2 Global 5 and 10 Largest Backup Power Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Backup Power Production by Region
3.1 Global Backup Power Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Backup Power Production Value by Region (2019-2030)
3.2.1 Global Backup Power Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Backup Power by Region (2025-2030)
3.3 Global Backup Power Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Backup Power Production by Region (2019-2030)
3.4.1 Global Backup Power Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Backup Power by Region (2025-2030)
3.5 Global Backup Power Market Price Analysis by Region (2019-2024)
3.6 Global Backup Power Production and Value, Year-over-Year Growth
3.6.1 North America Backup Power Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Backup Power Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Backup Power Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Backup Power Production Value Estimates and Forecasts (2019-2030)
4 Backup Power Consumption by Region
4.1 Global Backup Power Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Backup Power Consumption by Region (2019-2030)
4.2.1 Global Backup Power Consumption by Region (2019-2024)
4.2.2 Global Backup Power Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Backup Power Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Backup Power Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Backup Power Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Backup Power Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Backup Power Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Backup Power Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Backup Power Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Backup Power Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Backup Power Production by Type (2019-2030)
5.1.1 Global Backup Power Production by Type (2019-2024)
5.1.2 Global Backup Power Production by Type (2025-2030)
5.1.3 Global Backup Power Production Market Share by Type (2019-2030)
5.2 Global Backup Power Production Value by Type (2019-2030)
5.2.1 Global Backup Power Production Value by Type (2019-2024)
5.2.2 Global Backup Power Production Value by Type (2025-2030)
5.2.3 Global Backup Power Production Value Market Share by Type (2019-2030)
5.3 Global Backup Power Price by Type (2019-2030)
6 Segment by Application
6.1 Global Backup Power Production by Application (2019-2030)
6.1.1 Global Backup Power Production by Application (2019-2024)
6.1.2 Global Backup Power Production by Application (2025-2030)
6.1.3 Global Backup Power Production Market Share by Application (2019-2030)
6.2 Global Backup Power Production Value by Application (2019-2030)
6.2.1 Global Backup Power Production Value by Application (2019-2024)
6.2.2 Global Backup Power Production Value by Application (2025-2030)
6.2.3 Global Backup Power Production Value Market Share by Application (2019-2030)
6.3 Global Backup Power Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Aggreko
7.1.1 Aggreko Backup Power Corporation Information
7.1.2 Aggreko Backup Power Product Portfolio
7.1.3 Aggreko Backup Power Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Aggreko Main Business and Markets Served
7.1.5 Aggreko Recent Developments/Updates
7.2 Bloom Energy
7.2.1 Bloom Energy Backup Power Corporation Information
7.2.2 Bloom Energy Backup Power Product Portfolio
7.2.3 Bloom Energy Backup Power Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Bloom Energy Main Business and Markets Served
7.2.5 Bloom Energy Recent Developments/Updates
7.3 Caterpillar
7.3.1 Caterpillar Backup Power Corporation Information
7.3.2 Caterpillar Backup Power Product Portfolio
7.3.3 Caterpillar Backup Power Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Caterpillar Main Business and Markets Served
7.3.5 Caterpillar Recent Developments/Updates
7.4 Cummins
7.4.1 Cummins Backup Power Corporation Information
7.4.2 Cummins Backup Power Product Portfolio
7.4.3 Cummins Backup Power Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Cummins Main Business and Markets Served
7.4.5 Cummins Recent Developments/Updates
7.5 LG Chem
7.5.1 LG Chem Backup Power Corporation Information
7.5.2 LG Chem Backup Power Product Portfolio
7.5.3 LG Chem Backup Power Production, Value, Price and Gross Margin (2019-2024)
7.5.4 LG Chem Main Business and Markets Served
7.5.5 LG Chem Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Backup Power Industry Chain Analysis
8.2 Backup Power Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Backup Power Production Mode & Process
8.4 Backup Power Sales and Marketing
8.4.1 Backup Power Sales Channels
8.4.2 Backup Power Distributors
8.5 Backup Power Customers
9 Backup Power Market Dynamics
9.1 Backup Power Industry Trends
9.2 Backup Power Market Drivers
9.3 Backup Power Market Challenges
9.4 Backup Power Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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