Global Backup Power Systems Market for Oil and Gas Industry 2017-2021

  • ID: 4392601
  • Report
  • Region: Global
  • 72 pages
  • TechNavio
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FEATURED COMPANIES

  • Aggreko
  • APR Energy
  • Cetronic Power Solutions
  • Exide Technologies
  • HIMOINSA
  • Steatite
  • MORE
About Backup Power Systems

Backup power system is an independent source of electrical power that can supply power automatically when the main grid power fails by utilizing resources available at the source. The backup power system is connected to grid power and has electrical components that allow it to sense an outage and turn on automatically. Backup power systems find their use in residential and non-residential sectors including hotels, hospitals, industries, telecom, mining, oil and gas, offices, educational institutions, utilities, etc.

The analysts forecast the global backup power systems market for the oil and gas industry to grow at a CAGR of 4.27% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global backup power systems market for the oil and gas industry 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Backup Power Systems Market for the Oil and Gas Industry 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
  • Aggreko
  • Caterpillar
  • Cummins
  • Saft
  • Trojan Battery
Other prominent vendors
  • ALCAD
  • Altaaqa Global
  • APac Energy Rental
  • APR Energy
  • Atlas Copco
  • Byrne
  • Cetronic Power Solutions
  • EaglePicher Technologies
  • Energyst
  • Exide Technologies
  • Fullriver Battery USA
  • HBL Power Systems
  • Hertz Equipment Rental
  • HIMOINSA
  • Kohler
  • Modern Hiring Service
  • Steatite
  • SYSTEMS SUNLIGHT
  • United Rentals
Market drivers
  • Growing prominence of refineries
  • For a full, detailed list, view the full report
Market challenges
  • Decline in upstream activities
  • For a full, detailed list, view the full report
Market trends
  • Increase in use of gas generators in the oil and gas industry
  • 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?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Aggreko
  • APR Energy
  • Cetronic Power Solutions
  • Exide Technologies
  • HIMOINSA
  • Steatite
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Backup power system
  • Oil and gas industry overview
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product type
  • Global backup power systems market for oil and gas industry by product type
  • Generators
  • Batteries
PART 07: Geographical segmentation
  • Global backup power systems market for oil and gas industry by geography
  • Americas
  • EMEA
  • APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Increase in use of gas generators in the oil and gas industry
  • Emergence of microgrid technology
  • Rise in global rig count
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Aggreko
  • Caterpillar
  • Cummins
  • Saft
  • Trojan Battery
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Model of a typical backup power system
Exhibit 02: Backup power systems used at all stages of the oil and gas value chain
Exhibit 03: Global backup power systems market for oil and gas industry overview
Exhibit 04: Global backup power systems market for oil and gas industry 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global backup power systems market for oil and gas industry by product type 2016 and 2021 (%)
Exhibit 07: Global backup power systems market for oil and gas industry by product type 2016-2021 ($ billions)
Exhibit 08: Global generator backup power systems market for oil and gas industry 2016-2021 ($ billions)
Exhibit 09: Global battery backup power systems market for oil and gas industry 2016-2021 ($ billions)
Exhibit 10: Global backup power systems market for oil and gas industry by geography 2016 and 2021 (%)
Exhibit 11: Global backup power systems market for oil and gas industry by geography 2016-2021 ($ billions)
Exhibit 12: Backup power systems market for oil and gas industry in Americas 2016-2021 ($ billions)
Exhibit 13: Backup power systems market for oil and gas industry in EMEA 2016-2021 ($ billions)
Exhibit 14: Backup power systems market for oil and gas industry in APAC 2016-2021 ($ billions)
Exhibit 15: Global crude oil price 2007-2016 ($ per barrel)
Exhibit 16: Rig count 2016-2017
Exhibit 17: Other prominent vendors (indicative list)
Exhibit 18: Aggreko: Power rental solutions
Exhibit 19: Aggreko: Key products
Exhibit 20: Caterpillar: Key products
Exhibit 21: Industries served by Cummins
Exhibit 22: Cummins: Key products
Exhibit 23: Cummins: Key news
Exhibit 24: Saft: Key products
Exhibit 25: Trojan Battery: Key products
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aggreko
  • APR Energy
  • Cetronic Power Solutions
  • Exide Technologies
  • HIMOINSA
  • Steatite
  • MORE
New Report Released: – Global Backup Power Systems Market for the Oil and Gas Industry 2017-2021

The author of the report recognizes the following companies as the key players in the global backup power systems market for the oil and gas industry: Aggreko, Caterpillar, Cummins, Saft, and Trojan Battery.

Other Prominent Vendors in the market are: ALCAD, Altaaqa Global, APac Energy Rental, APR Energy, Atlas Copco, Byrne, Cetronic Power Solutions, EaglePicher Technologies, Energyst, Exide Technologies, Fullriver Battery USA, HBL Power Systems, Hertz Equipment Rental, HIMOINSA, Kohler, Modern Hiring Service, Steatite, SYSTEMS SUNLIGHT, and United Rentals.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Increase in use of gas generators in the oil and gas industry. Environmental reforms and stringent emission regulations to reduce emissions have led to a new technology being developed where generators produce increased power output while consuming less fuel. A recent trend has been the shift to gas powered generators. The use of gas for generators produces cleaner power with reduced emissions than diesel generators. The gas generators emit only 15% emissions of a diesel generator and are 35% less costly when compared with a diesel generator.”

According to the report, one of the major drivers for this market is Growing prominence of refineries. One of the major areas of backup power systems use is in the oil refineries. They store and process crude oil to make petroleum products, which are transported to end-users. An oil refinery houses many process plants, which require huge amounts of energy to run its operations and require continuous power supply due to its criticality. In the event of a power outage, the emergency power or backup power system should kick in immediately to avoid any disruption in operations.

Further, the report states that one of the major factors hindering the growth of this market is Decline in upstream activities. Crude oil price has seen a drastic fall since July 2014. This has severely impacted the upstream segment of the oil and gas industry. Drilling activities had reduced, which is evident from the fall in rig count worldwide. As a result, the upstream oil and gas industry witnessed investments decreased by one quarter in 2015 when compared to 2014. This was a result of the cost reductions done by various upstream companies worldwide, caused by the drop in crude oil prices. The fall in crude oil prices highly impacted the drilling segmented. The global rig count fell in 2016 by 31.8% since 2015, and by 55.5% since 2014 levels.

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.
Note: Product cover images may vary from those shown
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  • Aggreko
  • Caterpillar
  • Cummins
  • Saft
  • Trojan Battery
  • ALCAD
  • Altaaqa Global
  • APac Energy Rental
  • APR Energy
  • Atlas Copco
  • Byrne
  • Cetronic Power Solutions
  • EaglePicher Technologies
  • Energyst
  • Exide Technologies
  • Fullriver Battery USA
  • HBL Power Systems
  • Hertz Equipment Rental
  • HIMOINSA
  • Kohler
  • Modern Hiring Service
  • Steatite
  • SYSTEMS SUNLIGHT
  • United Rentals
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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