Press release
Backup Power Market to Witness Huge Growth in United States Study by Key Players- Bloom Energy, Caterpillar, Cummins, LG Chem
Backup Power Market
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Market Snapshot:
Power is a vital component for the smooth working of any industry, businesses, or even household. Due to many reason such as blackouts, voltage fluctuations, electrical component malfunction, or power deficit, power is not always accessible to the end user. This hinders their operation & causes loss of time and money. Backup power are available in the form of electricity generator or bank of batteries. The accessibility of diverse backup power systems is one of the key drivers for global backup power market growth. These are available as diesel generators, gasoline generators, and others. Over the years the growing emission concerns owing to the use of traditional power generators has led to the introduction of alternate sources like hybrid power, battery energy storage systems, and fuel cells. Benefits like the reduced emissions, higher efficiency, and low operation noise rises the chances of acceptance of modern backup power systems. Additionally, governments in many countries also provide incentives to bring down the initial costs of the backup power systems, this will again, drive the acceptance these backup power system.
Market Trend
Growing Requirement for Efficient Power Sources
Market Drivers
Increasing Demand For Uninterrupted Power , Rapid Urbanization in Developing Nations and Growing Healthcare Infrastructure
Opportunities
Demand From Emerging Economies
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The Manufacturers Covered in the Study are:
Aggreko (United Kingdom)
Bloom Energy (United States)
Caterpillar (United States)
Cummins Inc.(United States)
LG Chem (South Korea)
GS Yuasa Corporation (Japan)
Kohler Co.(United States)
Schneider Electric SE (France)
The Emerson Electric Company (United States)
Eaton Corporation Plc (United States)
Regulatory Framework:
Authorities in the United States have amended emissions rules for gas & diesel generators, this is likely to have a positive result on the backup power market in the country. Generators manufactured as per the latest environmental standards confirm significant reductions in the emission of greenhouse gases. Such policies are likely to help the generator sales that is ultimately power backup power market to grow over the coming years.
Available Customization: List of players that can be included in the study on immediate basis are SFC Energy(Germany) , Doosan Fuel Cell America (United States) and Mitsubishi Heavy Industries (Japan).
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Table of Contents
1 Market Overview
1.1 Backup Power Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
2 Manufacturers Profiles
2.1.1 Business Overview
2.1.2 Backup Power Type and Applications
2.1.3 Backup Power Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Backup Power Market Competition, by Manufacturer
3.1 Global Backup Power Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Backup Power Revenue and Market Share by Manufacturer (2016-2017)
3.3 Global Backup Power Price by Manufacturer (2016-2017)
3.4 Market Concentration Rate
3.4.1 Top 3 Backup Power Manufacturer Market Share in 2017
3.4.2 Top 5 Backup Power Manufacturer Market Share in 2017
3.5 Market Competition Trend
4 Global Backup Power Market Analysis by Regions
5 North America Backup Power by Countries, Type, Application and Manufacturers
6 Europe Backup Power by Countries, Type, Application and Manufacturers
7 Asia-Pacific Backup Power by Countries, Type, Application and Manufacturers
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