Battery Backup Market
Battery Backup Market - Global Industry Assessment & Forecast
Segments Covered
- By Product 12V Battery Backup Systems, 24V Battery Backup Systems, 48V Battery Backup Systems, Others
- 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 16.66 Billion |
Revenue 2030: | USD 21.95 Billion |
Revenue CAGR (2023 - 2030): | 3.5% |
Fastest Growing Region (2023 - 2030) | North America |
Largest Region (2022): | Asia Pacific |
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
Battery Backup Market Segment Analysis
- Battery Backup Product Outlook (Revenue, USD Million, 2018 - 2030)
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Battery Backup Application Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
-
North America Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- U.S.
- U.S. Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- U.S. Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- U.S. Battery Backup Market, by Product
- Canada
- Canada Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Canada Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Canada Battery Backup Market, by Product
-
Mexico
- Mexico Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Mexico Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Mexico Battery Backup Market, by Product
-
North America Battery Backup Market, by Product
- Europe
-
Europe Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
-
Europe Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- U. K.
- U.K. Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- U.K. Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- U.K. Battery Backup Market, by Product
- France
- France Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- France Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- France Battery Backup Market, by Product
-
Germany
- Germany Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Germany Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Germany Battery Backup Market, by Product
-
Italy
- Italy Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Italy Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Italy Battery Backup Market, by Product
-
Spain
- Spain Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Spain Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Spain Battery Backup Market, by Product
-
Rest of Europe
- Rest of Europe Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Rest of Europe Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Europe Battery Backup Market, by Product
-
Europe Battery Backup Market, by Product
- Asia Pacific
-
Asia Pacific Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
-
Asia Pacific Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- China
- China Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- China Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- China Battery Backup Market, by Product
- Japan
- Japan Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Japan Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Japan Battery Backup Market, by Product
-
Germany
- Germany Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Germany Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Germany Battery Backup Market, by Product
-
India
- India Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- India Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- India Battery Backup Market, by Product
-
South Korea
- South Korea Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- South Korea Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- South Korea Battery Backup Market, by Product
-
South East Asia
- South East Asia Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- South East Asia Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- South East Asia Battery Backup Market, by Product
-
Rest of Asia Pacific
- Rest of Asia Pacific Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Rest of Asia Pacific Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Asia Pacific Battery Backup Market, by Product
-
Asia Pacific Battery Backup Market, by Product
- Latin America
-
Latin America Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
-
Latin America Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Brazil
- Brazil Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Brazil Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Brazil Battery Backup Market, by Product
- Argentina
- Argentina Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Argentina Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Argentina Battery Backup Market, by Product
-
Rest of Latin America
- Rest of Latin America Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Rest of Latin America Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Latin America Battery Backup Market, by Product
-
Latin America Battery Backup Market, by Product
- Middle East & Africa
-
Middle East & Africa Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
-
Middle East & Africa Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- GCC Countries
- GCC Countries Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- GCC Countries Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- GCC Countries Battery Backup Market, by Product
- South Africa
- South Africa Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- South Africa Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- South Africa Battery Backup Market, by Product
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Battery Backup Market, by Product
- 12V Battery Backup Systems
- 24V Battery Backup Systems
- 48V Battery Backup Systems
- Others
- Rest of Middle East & Africa Battery Backup Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Middle East & Africa Battery Backup Market, by Product
-
Middle East & Africa Battery Backup Market, by Product
- North America
FAQ
Frequently Asked Question
What is the global demand for Battery Backup in terms of revenue?
-
The global Battery Backup valued at USD 16.66 Billion in 2022 and is expected to reach USD 21.95 Billion in 2030 growing at a CAGR of 3.5%.
Which are the prominent players in the market?
-
The prominent players in the market are CyberPower, Tesla, Monster, APC, NEPTUN, Metropolitan Industries, Little Giant (Franklin Electric), Tesco Controls, LiftMaster, EMC Industries, Eaton, Tripp-Lite, MoboTrex, DoorKing (DKS).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.5% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Battery Backup include
- rise in power outages
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Battery Backup in 2022.