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The global backup power market to grow at a CAGR of 4.59% during the period 2017-2021 explored in latest research

The global backup power market to grow at a CAGR of 4.59% during the period 2017-2021 explored in latest research

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.

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Report Global Backup Power Market 2017-2021 is a new market research publication announced by Reportstack. 

Report Outline: 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.

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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.

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Market Growth: The global backup power market to grow at a CAGR of 4.59% during the period 2017-2021.

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

 Regions Covered: 

• Americas
• APAC
• EMEA

Companies Mentioned

Aggreko, Bloom Energy, Caterpillar, Cummins, LG Chem, 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, and Tesla.

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