Global Residential Backup Power Market 2017-2021

  • ID: 4332755
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Aggreko
  • Ballard Power Systems
  • Caterpillar
  • Eaton
  • Exide Industries
  • FuelCell Energy
  • MORE
About Residential Backup Power

A backup power system is a secondary electrical system that can automatically supply power when the grid power fails by utilizing resources available at the source. A residential backup power system is primarily connected to households and grid power and has electrical components, which allow it to turn on automatically when it senses an outage.

The analysts forecast the global residential backup power market to grow at a CAGR of 6.19% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global residential backup power market for 2017-2021. To calculate the market size, the report considers new sales in the market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Residential 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
  • Caterpillar
  • Cummins
  • Kohler
  • Tesla
  • Trojan Battery
Other prominent vendors
  • Aggreko
  • Atlas Copco
  • Ballard Power Systems
  • Briggs & Stratton
  • Eaton
  • EnerSys
  • Exide Industries
  • FG Wilson
  • FuelCell Energy
  • Generac Power Systems
  • Himoinsa
  • HiPower
  • Hydrogenics
  • Johnson Controls
  • Marshall Batteries
  • Motolite Batteries
  • Panasonic
  • Plug Power
  • REDOX POWER SYSTEMS
  • SFC Energy
  • TOKYO GAS
  • TOSHIBA FUEL CELL POWER SYSTEMS
  • Viessmann Manufacturing
Market drivers
  • Rise in global economic growth
  • For a full, detailed list, view the full report
Market challenges
  • Improvements in grid power supply
  • For a full, detailed list, view the full report
Market trends
  • Rise in shipments of fuel cells
  • For a full, detailed list, view the full 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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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aggreko
  • Ballard Power Systems
  • Caterpillar
  • Eaton
  • Exide Industries
  • FuelCell Energy
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Backup power systems overview
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by technology
  • Global residential backup power market by technology
  • Global residential backup power market by diesel generator technology
  • Global residential backup power market by other technologies
PART 07: Geographical segmentation
  • Global residential backup power market by geography
  • Residential backup power market in Americas
  • Residential backup power market in APAC
  • Residential backup power market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Rise in shipments of fuel cells
  • Growing popularity of smart homes
  • Rental services for generators
PART 11: Vendor landscape
  • Competitor landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Caterpillar
  • Cummins
  • Kohler
  • Tesla
  • Trojan Battery
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Working model of a backup power system
Exhibit 02: Global residential backup power market overview
Exhibit 03: Global residential backup power market 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global residential backup power market by technology 2016 and 2021 (%)
Exhibit 06: Global residential backup power market by technology 2016-2021 ($ billions)
Exhibit 07: Global residential backup power market by diesel generator technology 2016-2021 ($ billions)
Exhibit 08: Global residential backup power market by other technologies 2016-2021 ($ billions)
Exhibit 09: Global residential backup power market by geography 2016 and 2021 (%)
Exhibit 10: Global residential backup power market by geography 2016-2021 ($ billions)
Exhibit 11: Residential backup power market in Americas 2016-2021 ($ billions)
Exhibit 12: Major power outage incidents in US 2015-2017
Exhibit 13: US photovoltaic net metering customers and capacity in residential sector 2010-2015 (MW)
Exhibit 14: US wind net metering customers and capacity in residential sector 2010-2015 (MW)
Exhibit 15: Residential backup power market in APAC 2016-2021 ($ billions)
Exhibit 16: Rural access to electricity 2014 in APAC countries (% of rural population)
Exhibit 17: Major power outage incidents in APAC 2016
Exhibit 18: Residential backup power market in EMEA 2016-2021 ($ billions)
Exhibit 19: Major power outage incidents in EMEA 2015-2016
Exhibit 20: EPA regulations on hazardous waste
Exhibit 21: Global renewable energy capacity YoY growth 2011-2016 (GW)
Exhibit 22: Organizations involved in development of power regulations
Exhibit 23: Expansion of business operations in fuel cells manufacturing and operations 2015
Exhibit 24: Business mergers and acquisitions in fuel cell manufacturing 2015
Exhibit 25: Global smart home market 2016-2021 ($ billions)
Exhibit 26: Other prominent vendors (Indicative list)
Exhibit 27: Caterpillar: Residential backup power systems
Exhibit 28: Caterpillar: Key highlights
Exhibit 29: Cummins: Residential backup power systems
Exhibit 30: Kohler: Residential backup power systems
Exhibit 31: Kohler: Key highlights
Exhibit 32: Tesla: Residential backup power systems
Exhibit 33: Trojan Battery: Residential backup power systems
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FEATURED COMPANIES

  • Aggreko
  • Ballard Power Systems
  • Caterpillar
  • Eaton
  • Exide Industries
  • FuelCell Energy
  • MORE
New Report Released: – Global Residential Backup Power Market 2017-2021

The author of the report recognizes the following companies as the key players in the global residential backup power market: Caterpillar, Cummins, Kohler, Tesla, and Trojan Battery.

Other Prominent Vendors in the market are: Aggreko, Atlas Copco, Ballard Power Systems, Briggs & Stratton, Eaton, EnerSys, Exide Industries, FG Wilson, FuelCell Energy, Generac Power Systems, Himoinsa, HiPower, Hydrogenics, Johnson Controls, Marshall Batteries, Motolite Batteries, Panasonic, Plug Power, REDOX POWER SYSTEMS, SFC Energy, TOKYO GAS, TOSHIBA FUEL CELL POWER SYSTEMS, and Viessmann Manufacturing.

Commenting on the report, an analyst from the research team said: “One trend in the market is rise in shipments of fuel cells. The increasing market for fuel cell shipments is attributed to both the stationary and transportation sectors. In the stationary sector, the next-generation fuel cell systems are being designed to provide more power output and increase the size of the systems. There are many utilities in the US and South Korea that are installing multi-megawatt, large-scale fuel cell power parks.”

According to the report, one driver in the market is rise in global economic growth. Economic growth is the foremost factor in the increasing global electricity demand. The global gross domestic product (GDP) growth has been on the slower side for the past two decades during 1996-2016 while electricity demand continues to increase, especially in the emerging non-OECD (Organization for Economic Cooperation and Development) countries. In non-OECD Asia, which has the world's fastest-growing economies, the demand for residential backup power systems will increase as it is expected that the standard of living will increase.

Further, the report states that one challenge in the market is improvements in grid power supply. The global economy is continuously expanding owing to the expanding demand of electricity. According to the US EIA, the demand for electricity is expected to increase by 69% till 2040. It is expected to grow from 21.6 trillion kilowatt-hours (kWh) in 2012 to 25.8 trillion kilowatt-hours (kWh) in 2020 and finally to 36.5 trillion kilowatt-hours in 2040. To meet this new demand, there will be a focus on the construction of new power plants and facilities as well the efficient production of electricity.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Caterpillar
  • Cummins
  • Kohler
  • Tesla
  • Trojan Battery
  • Aggreko
  • Atlas Copco
  • Ballard Power Systems
  • Briggs & Stratton
  • Eaton
  • EnerSys
  • Exide Industries
  • FG Wilson
  • FuelCell Energy
  • Generac Power Systems
  • Himoinsa
  • HiPower
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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