The purpose of this research report titled “Global (United States, European Union and China) Backup Power Market Research Report 2019-2025” is to enlighten the readers about the global market during the period between 2019 and 2025. Market Research Hub (MRH) has diligently compiled this study to discuss various facets of the global Backup Power market together with the various players contributing to its future development. The inclusion of market dynamics, market size, revenue share, forecast growth etc., makes this assessment a rich data source for investors, shareholders and new entrants.
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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.
In 2019, the market size of Backup Power is 14900 million US$ and it will reach 22000 million US$ in 2025, growing at a CAGR of 5.0% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Backup Power.
This report studies the global market size of Backup Power, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Backup Power production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Market Segment by Product Type
Market Segment by Application
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
In this study, the years considered to estimate the market size of Backup Power are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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 (2019-2025)
1.3.2 Diesel Generator
1.4 Market Segment by Application
1.4.1 Global Backup Power Market Share by Application (2019-2025)
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 2014-2025
2.1.2 Global Backup Power Production 2014-2025
2.1.3 Global Backup Power Capacity 2014-2025
2.1.4 Global Backup Power Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2019-2025
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 (2014-2019)
3.2.2 Backup Power Revenue Share by Manufacturers (2014-2019)
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
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