Global Backup Power Market 2017-2021

ABSTRACT
About Backup Power

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. It is regarded as a highly reliable source and can run for about 3.5 years without any major overhauls. However, they need to be regularly serviced and maintained.

Technavio’s analysts forecast the global backup power market to grow at a CAGR of 4.59% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global backup power market for 2017-2021. To calculate the market size, the report considers the revenue generated from the new installations and exclude aftermarket/services market.

The market is divided into the following segments based on geography:
‧ Americas
‧ APAC
‧ EMEA

Technavio's report, Global Backup Power Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
‧ Aggreko
‧ Bloom Energy
‧ Caterpillar
‧ Cummins
‧ LG Chem

Other prominent vendors
‧ AISIN SEIKI
‧ Alpine Power Systems
‧ APR Energy
‧ Atlas Copco
‧ Ballard Power Systems
‧ Briggs & Stratton
‧ Doosan Fuel Cell America
‧ East Penn Manufacturing
‧ Eaton
‧ Emerson
‧ EnerSys
‧ Enocell
‧ Enphase Energy
‧ Exide Technologies
‧ Exide Industries
‧ Generac Power Systems
‧ GS Yuasa
‧ HIMOINSA
‧ Kohler
‧ MITSUBISHI HEAVY INDUSTRIES
‧ Nuvera Fuel Cells
‧ Schneider Electric
‧ SFC Energy
‧ Su-Kam Power Systems
‧ Tesla

Market driver
‧ Increasing need for backup power due to grid outages.
‧ For a full, detailed list, view our report

Market challenge
‧ Increasing distributed generation and off-grid power systems.
‧ For a full, detailed list, view our report

Market trend
‧ Aging grid infrastructure.
‧ For a full, detailed list, view our report

Key questions answered in this report
‧ What will the market size be in 2021 and what will the growth rate be?
‧ What are the key market trends?
‧ What is driving this market?
‧ What are the challenges to market growth?
‧ Who are the key vendors in this market space?
‧ What are the market opportunities and threats faced by the key vendors?
‧ What are the strengths and weaknesses of the key vendors?

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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research methodology
PART 04: Introduction
‧ Market outline
PART 05: Market landscape
‧ Market overview
‧ Market size and forecast
‧ Five forces analysis
PART 06: Market segmentation by technology
‧ Global backup power market by technology
‧ Global backup power market by diesel generator technology
‧ Global backup power market by others
PART 07: Market segmentation by end-user
‧ Global backup power market by end-user
‧ Global backup power market in the residential sector
‧ Global backup power market in the non-residential sector
PART 08: Geographical segmentation
‧ Global backup power market by geography
‧ Backup power market in the Americas
‧ Backup power market in APAC
‧ Backup power market in EMEA
PART 09: Decision framework
PART 10: Drivers and challenges
‧ Market drivers
‧ Market challenges
PART 11: Market trends
‧ Aging grid infrastructure
‧ Technological advances in diesel generator sets
‧ End-users focusing more on renting generator services
PART 12: Vendor landscape
‧ Competitive scenario
‧ Other prominent vendors
PART 13: Key vendor analysis
‧ Aggreko
‧ Bloom Energy
‧ Caterpillar
‧ Cummins
‧ LG Chem
PART 14: Appendix
List of Exhibits
Exhibit 01: Working model of a backup power system
Exhibit 02: Characteristic of the backup power systems
Exhibit 03: Global backup power market overview
Exhibit 04: Global backup power market 2016-2021 ($ billions)
Exhibit 05: Causes of outages in the US 2009-2016 (%)
Exhibit 06: Five forces analysis
Exhibit 07: Global backup power market by technology 2016 and 2021 (%)
Exhibit 08: Global backup power market by technology 2016 and 2021 ($ billions)
Exhibit 09: Global backup power market by diesel generator technology 2016-2021 ($ billions)
Exhibit 10: Global backup power market by others 2016-2021 ($ billions)
Exhibit 11: Production cycle of fuel cell vs. diesel generator and related CO? emissions
Exhibit 12: Global backup power market by end-user 2016 and 2021 (%)
Exhibit 13: Global backup power market by end-user 2016 and 2021 ($ billions)
Exhibit 14: Global backup power market in the residential sector 2016-2021 ($ billions)
Exhibit 15: Global backup power market in the non-residential sector 2016-2021 ($ billions)
Exhibit 16: Global backup power market by geography 2016 and 2021 (%)
Exhibit 17: Global backup power market by geography 2016 and 2021 ($ billions)
Exhibit 18: Backup power market in the Americas 2016-2021 ($ billions)
Exhibit 19: Backup power market in APAC 2016-2021 ($ billions)
Exhibit 20: Backup power market in EMEA 2016-2021 ($ billions)
Exhibit 21: Number of outages in the US 2009-2016
Exhibit 22: Cost of PEM fuel cell in Japan under ENE-Farm 2009-2015 ($)
Exhibit 23: Cumulative fuel cell installation under ENE-Farm 2009-2015 (number of units)
Exhibit 24: Indexed cost of solar PV 2008-2015 (%)
Exhibit 25: Global standby rental power market 2016 and 2021 ($ billions)
Exhibit 26: Other prominent vendors (indicative list)
Exhibit 27: Aggreko: Power rental solutions
Exhibit 28: Aggreko: Product portfolio (rental)
Exhibit 29: Bloom Energy: Fuel cell technology
Exhibit 30: Bloom Energy: Product portfolio
Exhibit 31: Cummins: Key products
Exhibit 32: LG Chem: Product offerings