Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Residential Backup Powers Market by Type (Diesel Generator Technology, Other Technology), By Application (Lighting Use, Electric Appliance Use, Elevator Use, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Residential Backup Powers Market by Type (Diesel Generator Technology, Other Technology), By Application (Lighting Use, Electric Appliance Use, Elevator Use, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 209959 3300 Energy & Power 377 242 Pages 5 (50)
                                          

The global residential backup power market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for backup power solutions in residential applications such as lighting use, electric appliance use, and elevator use. The growth of this market is also attributed to the increasing need for uninterrupted power supply in homes due to rising incidences of natural disasters and other emergencies. The diesel generator technology segment accounted for the largest share of the global residential backup power market in 2018, followed by solar photovoltaic technology and battery storage technology segments respectively. The diesel generator technology segment was driven by its high reliability and low cost per watt compared with other technologies such as solar photovoltaic or battery storage technologies which are more expensive than diesel generators but offer higher efficiency levels. -The global residential backup power market is expected to grow at a CAGR of 6.5% from 2017 to 2022. -The increasing demand for renewable energy sources and the need for uninterrupted power supply are some of the factors driving the growth of this market. -The increasing number of natural disasters, such as hurricanes, floods, and earthquakes is also driving the growth of this market.

Industry Growth Insights published a new data on “Residential Backup Powers Market”. The research report is titled “Residential Backup Powers Market research by Types (Diesel Generator Technology, Other Technology), By Applications (Lighting Use, Electric Appliance Use, Elevator Use, Other), By Players/Companies Caterpillar, Cummins, Kohler, Tesla, Trojan Battery, Eaton, Johnson Controls, Marshall Batteries, EnerSys, Atlas Copco, Ballard Power Systems, Briggs & Stratton, Aggreko, Panasonic, Viessmann Manufacturing, Tokyo GAS, Toshiba Fuel Cell Power Systems, SFC Energy, HiPower, Generac Power Systems, FuelCell Energy, Plug Power”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Residential Backup Powers Market Research Report

By Type

Diesel Generator Technology, Other Technology

By Application

Lighting Use, Electric Appliance Use, Elevator Use, Other

By Companies

Caterpillar, Cummins, Kohler, Tesla, Trojan Battery, Eaton, Johnson Controls, Marshall Batteries, EnerSys, Atlas Copco, Ballard Power Systems, Briggs & Stratton, Aggreko, Panasonic, Viessmann Manufacturing, Tokyo GAS, Toshiba Fuel Cell Power Systems, SFC Energy, HiPower, Generac Power Systems, FuelCell Energy, Plug Power

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

242

Number of Tables & Figures

170

Customization Available

Yes, the report can be customized as per your need.


Global Residential Backup Powers Industry Outlook


Global Residential Backup Powers Market Report Segments:

The global Residential Backup Powers market is segmented on the basis of:

Types

Diesel Generator Technology, Other Technology

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Lighting Use, Electric Appliance Use, Elevator Use, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Caterpillar
  2. Cummins
  3. Kohler
  4. Tesla
  5. Trojan Battery
  6. Eaton
  7. Johnson Controls
  8. Marshall Batteries
  9. EnerSys
  10. Atlas Copco
  11. Ballard Power Systems
  12. Briggs & Stratton
  13. Aggreko
  14. Panasonic
  15. Viessmann Manufacturing
  16. Tokyo GAS
  17. Toshiba Fuel Cell Power Systems
  18. SFC Energy
  19. HiPower
  20. Generac Power Systems
  21. FuelCell Energy
  22. Plug Power

Global Residential Backup Powers Market Overview


Highlights of The Residential Backup Powers Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Diesel Generator Technology
    2. Other Technology
  1. By Application:

    1. Lighting Use
    2. Electric Appliance Use
    3. Elevator Use
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Residential Backup Powers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Residential Backup Powers Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Residential Backup Powers is a program that provides backup power to homes and businesses in the event of an emergency. The program helps residents and businesses conserve energy by providing them with back-up power when they need it most.

Some of the major companies in the residential backup powers market are Caterpillar, Cummins, Kohler, Tesla, Trojan Battery, Eaton, Johnson Controls, Marshall Batteries, EnerSys, Atlas Copco, Ballard Power Systems, Briggs & Stratton, Aggreko, Panasonic, Viessmann Manufacturing, Tokyo GAS, Toshiba Fuel Cell Power Systems, SFC Energy, HiPower, Generac Power Systems, FuelCell Energy, Plug Power.

The residential backup powers market is expected to grow at a compound annual growth rate of 6.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Residential Backup Powers Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Residential Backup Powers Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Residential Backup Powers Market - Supply Chain
   4.5. Global Residential Backup Powers Market Forecast
      4.5.1. Residential Backup Powers Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Residential Backup Powers Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Residential Backup Powers Market Absolute $ Opportunity

5. Global Residential Backup Powers Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Residential Backup Powers Market Size and Volume Forecast by Type
      5.3.1. Diesel Generator Technology
      5.3.2. Other Technology
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Residential Backup Powers Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Residential Backup Powers Market Size and Volume Forecast by Application
      6.3.1. Lighting Use
      6.3.2. Electric Appliance Use
      6.3.3. Elevator Use
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Residential Backup Powers Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Residential Backup Powers Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Residential Backup Powers Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Residential Backup Powers Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Residential Backup Powers Demand Share Forecast, 2019-2026

9. North America Residential Backup Powers Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Residential Backup Powers Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Residential Backup Powers Market Size and Volume Forecast by Application
      9.4.1. Lighting Use
      9.4.2. Electric Appliance Use
      9.4.3. Elevator Use
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Residential Backup Powers Market Size and Volume Forecast by Type
      9.7.1. Diesel Generator Technology
      9.7.2. Other Technology
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Residential Backup Powers Demand Share Forecast, 2019-2026

10. Latin America Residential Backup Powers Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Residential Backup Powers Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Residential Backup Powers Market Size and Volume Forecast by Application
      10.4.1. Lighting Use
      10.4.2. Electric Appliance Use
      10.4.3. Elevator Use
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Residential Backup Powers Market Size and Volume Forecast by Type
      10.7.1. Diesel Generator Technology
      10.7.2. Other Technology
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Residential Backup Powers Demand Share Forecast, 2019-2026

11. Europe Residential Backup Powers Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Residential Backup Powers Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Residential Backup Powers Market Size and Volume Forecast by Application
      11.4.1. Lighting Use
      11.4.2. Electric Appliance Use
      11.4.3. Elevator Use
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Residential Backup Powers Market Size and Volume Forecast by Type
      11.7.1. Diesel Generator Technology
      11.7.2. Other Technology
   11.8. Basis Point Share (BPS) Anlysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Residential Backup Powers Demand Share, 2019-2026

12. Asia Pacific Residential Backup Powers Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Residential Backup Powers Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Residential Backup Powers Market Size and Volume Forecast by Application
      12.4.1. Lighting Use
      12.4.2. Electric Appliance Use
      12.4.3. Elevator Use
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Residential Backup Powers Market Size and Volume Forecast by Type
      12.7.1. Diesel Generator Technology
      12.7.2. Other Technology
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Residential Backup Powers Demand Share, 2019-2026

13. Middle East & Africa Residential Backup Powers Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Residential Backup Powers Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Residential Backup Powers Market Size and Volume Forecast by Application
      13.4.1. Lighting Use
      13.4.2. Electric Appliance Use
      13.4.3. Elevator Use
      13.4.4. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Residential Backup Powers Market Size and Volume Forecast by Type
      13.7.1. Diesel Generator Technology
      13.7.2. Other Technology
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Residential Backup Powers Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Residential Backup Powers Market: Market Share Analysis
   14.2. Residential Backup Powers Distributors and Customers
   14.3. Residential Backup Powers Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Caterpillar
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Cummins
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Kohler
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Tesla
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Trojan Battery
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Eaton
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Johnson Controls
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Marshall Batteries
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. EnerSys
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Atlas Copco
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Ballard Power Systems
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Briggs & Stratton
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Aggreko
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Panasonic
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Viessmann Manufacturing
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Tokyo GAS
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Toshiba Fuel Cell Power Systems
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. SFC Energy
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. HiPower
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. Generac Power Systems
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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