Backup Power Market
Backup Power Market - Global Industry Assessment & Forecast
#
Pages:
Base Year:
2022
Nov - 2021
Format:
Report Code:
VMR-VMR-2021-0902
Segments Covered
By
Type Diesel generators, Gas generators , Solar generators , Others
-
By
Product Standby power, Prime power, Peak shaving
-
By
Application Residential , Commercial, Industrial
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 20.5 Billion |
 Revenue 2030:
|
USD 33 Billion |
 Revenue CAGR
(2023 - 2030): |
6.1% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Backup Power Market Segment Analysis
- Backup Power Type Outlook (Revenue, USD Million, 2018 - 2030)
- Diesel generators
- Gas generators
- Solar generators
- Others
- Backup Power Product Outlook (Revenue, USD Million, 2018 - 2030)
- Standby power
- Prime power
- Peak shaving
- Backup Power Application Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
-
North America Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
-
North America Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- U.S.
- U.S. Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- U.S. Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- U.S. Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- U.S. Backup Power Market, by Type
- Canada
- Canada Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Canada Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Canada Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Canada Backup Power Market, by Type
-
Mexico
- Mexico Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Mexico Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Mexico Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Mexico Backup Power Market, by Type
-
North America Backup Power Market, by Type
- Europe
-
Europe Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
-
Europe Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
-
Europe Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- U. K.
- U.K. Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- U.K. Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- U.K. Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- U.K. Backup Power Market, by Type
- France
- France Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- France Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- France Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- France Backup Power Market, by Type
-
Germany
- Germany Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Germany Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Germany Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Germany Backup Power Market, by Type
-
Italy
- Italy Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Italy Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Italy Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Italy Backup Power Market, by Type
-
Spain
- Spain Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Spain Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Spain Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Spain Backup Power Market, by Type
-
Rest of Europe
- Rest of Europe Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Rest of Europe Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Rest of Europe Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Europe Backup Power Market, by Type
-
Europe Backup Power Market, by Type
- Asia Pacific
-
Asia Pacific Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
-
Asia Pacific Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
-
Asia Pacific Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- China
- China Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- China Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- China Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- China Backup Power Market, by Type
- Japan
- Japan Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Japan Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Japan Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Japan Backup Power Market, by Type
-
Germany
- Germany Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Germany Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Germany Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Germany Backup Power Market, by Type
-
India
- India Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- India Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- India Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- India Backup Power Market, by Type
-
South Korea
- South Korea Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- South Korea Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- South Korea Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- South Korea Backup Power Market, by Type
-
South East Asia
- South East Asia Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- South East Asia Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- South East Asia Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- South East Asia Backup Power Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Rest of Asia Pacific Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Rest of Asia Pacific Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Asia Pacific Backup Power Market, by Type
-
Asia Pacific Backup Power Market, by Type
- Latin America
-
Latin America Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
-
Latin America Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
-
Latin America Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Brazil
- Brazil Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Brazil Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Brazil Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Brazil Backup Power Market, by Type
- Argentina
- Argentina Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Argentina Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Argentina Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Argentina Backup Power Market, by Type
-
Rest of Latin America
- Rest of Latin America Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Rest of Latin America Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Rest of Latin America Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Latin America Backup Power Market, by Type
-
Latin America Backup Power Market, by Type
- Middle East & Africa
-
Middle East & Africa Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
-
Middle East & Africa Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
-
Middle East & Africa Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- GCC Countries
- GCC Countries Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- GCC Countries Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- GCC Countries Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- GCC Countries Backup Power Market, by Type
- South Africa
- South Africa Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- South Africa Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- South Africa Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- South Africa Backup Power Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Backup Power Market, by Type
- Diesel generators
- Gas generators
- Solar generators
- Others
- Rest of Middle East & Africa Backup Power Market, by Product
- Standby power
- Prime power
- Peak shaving
- Rest of Middle East & Africa Backup Power Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Middle East & Africa Backup Power Market, by Type
-
Middle East & Africa Backup Power Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Backup Power in terms of revenue?
-
The global Backup Power valued at USD 20.5 Billion in 2022 and is expected to reach USD 33 Billion in 2030 growing at a CAGR of 6.1%.
Which are the prominent players in the market?
-
The prominent players in the market are Atlas Copco, Aggreko, LG Chem, Ballard Power Systems, Bloom Energy, APR Energy, East Penn Manufacturing, Cummins, AISIN SEIKI, Alpine Power Systems, Briggs & Stratton, Eaton, Caterpillar, Doosan Fuel Cell America..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.1% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Backup Power include
- Rising Frequency of Power Outages
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Backup Power in 2022.
