US Backup Power Market Research Report by Type, by Application, by End User Industry Forecast to 2032

Description

List of Tables

US Backup Power Market Research Report by Type (Gas Generators, Solar Generators, and Others), by Application (Standby Power, Prime Power, and Peak Shaving), by End User (Residential, Commercial, Industrial, Utilities, and Others) Industry Forecast to 2032

Market Overview

The backup power market is influenced by a number of critical factors that contribute to its growth and significance in a variety of sectors. The necessity for dependable backup power solutions to guarantee continuity during power disruptions has been underscored by the escalating frequency and severity of severe weather events, which are a direct result of climate change. Residential and commercial users have become increasingly dependent on uninterrupted power supply due to the proliferation of digital dependency and remote work.

Backup power systems are applicable in a diverse array of industries and provide a multitude of benefits. One of the primary advantages is the guarantee of an uninterrupted power supply during disruptions, which is essential for the operation of critical infrastructure and services. This dependability is especially critical for healthcare facilities, as they require uninterrupted power to operate life-saving equipment and provide patient care. In the industrial sector, backup electricity is essential for the uninterrupted operation of manufacturing processes, as it prevents costly downtimes and production losses.

The market's expansion may be impeded by obstacles such as market saturation and competition, as well as high maintenance and fuel expenses.

During interruptions or disruptions in the primary power supply, backup power is the term used to describe systems and technologies that are intended to supply electrical power to critical systems and devices. These systems guarantee operational continuity by safeguarding against operational downtime, equipment damage, and data loss. In numerous industries, such as healthcare, data centers, telecommunications, industrial operations, and residential use, backup power solutions are indispensable.

Market Segment Analysis

By Category The United States Backup Power Market is divided into three categories: Gas Generators, Solar Generators, and Others. It includes diesel generators.

The US Backup Power Market is divided into three categories: Prime Power, Peak Shaving, and Standby Power, based on its application.

The market is classified into Residential, Commercial, Industrial, Utilities, and Others based on the end user.

Major Players

Cummins Inc., Kohler Co., MTU Onsite Energy, Vertiv, Tesla, Emerson Electric Co., Schneider Electric, MITSUBISHI ELECTRIC CORPORATION, Eaton Corporation plc, and Honeywell International Inc. are the primary participants in the US Backup Power Market.

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 Data Agriculture Process
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 Secondary Research data flow:
3.5 PRIMARY RESEARCH:
- 3.5.1 Primary Research DATA FLOW:
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 trade Analysis Approach
3.7 DATA FORECASTING
- 3.7.1 Data forecasting Technique
3.8 DATA MODELING
- 3.8.1 microeconomic factor analysis:
- 3.8.2 Data modeling:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 Increasing demand for Power in United States of America
- 4.2.2 Increasing Power Outages
4.3 CHALLENGES
- 4.3.1 High maintenance and fuel costs
4.4 OPPORTUNITY
- 4.4.1 Increasing demand of Fuel Cells for Backup Power
- 4.4.2 Growing need of Backup Power in Telecommunications industry and data centers
4.5 REGULATORY UPDATE
- 4.5.1 IEEC 62040-3
- 4.5.2 ECPA
4.6 COVID-19 IMPACT ANALYSIS
- 4.6.1 Impact on supply chain of Backup Power
- 4.6.2 Impact on market demad for backup power

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 Design and Development
- 5.1.2 Raw Material/Component Supply
- 5.1.3 Backup Power Manufacture/Assembly
- 5.1.4 sales and distribution
- 5.1.5 End Use
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 BARGAINING POWER OF BUYERS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 Intensity of RIVALRY

6 US BACKUP POWER MARKET, BY TYPE

6.1 INTRODUCTION

7 US BACKUP POWER MARKET, BY APPLICATION

7.1 INTRODUCTION

8 US BACKUP POWER MARKET, BY END USER

8.1 INTRODUCTION

9 COMPETITIVE LANDSCAPE

9.1 INTRODUCTION
9.2 COMPETITION DASHBOARD
9.3 COMPANY MARKET SHARE ANALYSIS, 2023 (%)
9.4 WHO ARE THE MARKET DISRUPTORS & INNOVATORS?
9.5 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS?
9.6 COMPETITIVE BENCHMARKING
9.7 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE BACKUP POWER MARKET
9.8 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL, 2023
9.9 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 9.9.1 New Product Launch
- 9.9.2 Capacity Expansion
- 9.9.3 Agreement/ Acquisition
- 9.9.4 Investment

10 COMPANY PROFILES

10.1 CUMMINS INC.
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 FINANCIAL OVERVIEW
- 10.1.3 PRODUCTS OFFERed
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 SWOT ANALYSIS
- 10.1.6 Key Strategy
10.2 KOHLER CO.
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 FINANCIAL OVERVIEW
- 10.2.3 PRODUCTS OFFERed
- 10.2.4 KEY DEVELOPMENTS
- 10.2.5 SWOT ANALYSIS
- 10.2.6 Key Strategy
10.3 MTU ONSITE ENERGY
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 FINANCIAL OVERVIEW
- 10.3.3 PRODUCTS OFFERed
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 SWOT ANALYSIS
- 10.3.6 Key Strategy
10.4 VERTIV
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 FINANCIAL OVERVIEW
- 10.4.3 PRODUCTS OFFERed
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 SWOT ANALYSIS
- 10.4.6 Key Strategy
10.5 TESLA INC.
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 FINANCIAL OVERVIEW
- 10.5.3 PRODUCTS OFFERed
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 SWOT ANALYSIS
- 10.5.6 Key Strategy
10.6 EMERSON ELECTRIC CO.
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 FINANCIAL OVERVIEW
- 10.6.3 PRODUCTS OFFERed
- 10.6.4 KEY DEVELOPMENTS
- 10.6.5 SWOT ANALYSIS
- 10.6.6 Key Strategy
10.7 SCHNEIDER ELECTRIC
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 FINANCIAL OVERVIEW
- 10.7.3 PRODUCTS OFFERed
- 10.7.4 KEY DEVELOPMENTS
- 10.7.5 SWOT ANALYSIS
- 10.7.6 Key Strategy
10.8 MITSUBISHI ELECTRIC CORPORATION
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 FINANCIAL OVERVIEW
- 10.8.3 PRODUCTS OFFERed
- 10.8.4 KEY DEVELOPMENTS
- 10.8.5 SWOT ANALYSIS
- 10.8.6 Key Strategy
10.9 EATON CORPORATION PLC
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 FINANCIAL OVERVIEW
- 10.9.3 PRODUCTS OFFERed
- 10.9.4 KEY DEVELOPMENTS
- 10.9.5 SWOT ANALYSIS
- 10.9.6 Key Strategy
10.10 HONEYWELL INTERNATIONAL INC
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 FINANCIAL OVERVIEW
- 10.10.3 PRODUCTS OFFERed
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 SWOT ANALYSIS
- 10.10.6 Key Strategy

LIST OF TABLES

TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT
TABLE 2 US BACKUP POWER MARKET, BY TYPE, 2018-2032 (USD MILLION)
TABLE 3 US BACKUP POWER MARKET, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 4 US BACKUP POWER MARKET, BY END USER, 2018-2032 (USD MILLION)
TABLE 5 COMPETITION DASHBOARD: BACKUP POWER MARKET
TABLE 6 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE BACKUP POWER MARKET
TABLE 7 NEW PRODUCT LAUNCH
TABLE 8 CAPACITY EXPANSION
TABLE 9 AGREEMENT/ ACQUISITION
TABLE 10 INVESTMENT
TABLE 11 CUMMINS INC.: PRODUCTS OFFERED
TABLE 12 CUMMINS INC.: KEY DEVELOPMENTS
TABLE 13 KOHLER CO.: PRODUCTS OFFERED
TABLE 14 KOHLER CO.: KEY DEVELOPMENTS
TABLE 15 MTU ONSITE ENERGY: PRODUCTS OFFERED
TABLE 16 MTU ONSITE ENERGY: KEY DEVELOPMENTS
TABLE 17 VERTIV: PRODUCTS OFFERED
TABLE 18 VERTIV: KEY DEVELOPMENT
TABLE 19 TESLA INC.: PRODUCTS OFFERED
TABLE 20 EMERSON ELECTRIC CO.: PRODUCTS OFFERED
TABLE 21 EMERSON ELECTRIC CO.: KEY DEVELOPMENTS
TABLE 22 SCHNEIDER ELECTRIC: PRODUCTS OFFERED
TABLE 23 SCHNEIDER ELECTRIC: KEY DEVELOPMENTS
TABLE 24 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS OFFERED
TABLE 25 MITSUBISHI ELECTRIC CORPORATION: KEY DEVELOPMENTS
TABLE 26 EATON CORPORATION PLC: PRODUCTS OFFERED
TABLE 27 EATON CORPORATION PLC: KEY DEVELOPMENTS
TABLE 28 HONEYWELL INTERNATIONAL INC: PRODUCTS OFFERED
TABLE 29 HONEYWELL INTERNATIONAL INC: KEY DEVELOPMENTS

LIST OF FIGURES

FIGURE 1 US BACKUP POWER MARKET: STRUCTURE
FIGURE 2 US BACKUP POWER MARKET: MARKET GROWTH FACTOR ANALYSIS (2019-2032)
FIGURE 3 DRIVER IMPACT ANALYSIS (2022-2032)
FIGURE 4 U.S. DATA CENTER POWER DEMAND
FIGURE 5 OPPORTUNITY IMPACT FORECAST
FIGURE 6 SUPPLY CHAIN: US BACKUP POWER MARKET
FIGURE 7 PORTER'S FIVE FORCES ANALYSIS OF THE US BACKUP POWER MARKET
FIGURE 8 US BACKUP POWER MARKET, BY TYPE, 2023 (% SHARE)
FIGURE 9 US BACKUP POWER MARKET, BY APPLICATION, 2023 (% SHARE)
FIGURE 10 US BACKUP POWER MARKET, BY END USER, 2023 (% SHARE)
FIGURE 11 BACKUP POWER MAJOR PLAYERS MARKET SHARE ANALYSIS, 2023 (%)
FIGURE 12 BENCHMARKING OF MAJOR COMPETITORS
FIGURE 13 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL, 2023
FIGURE 14 CUMMINS INC.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 15 CUMMINS INC.: SWOT ANALYSIS
FIGURE 16 KOHLER CO.: SWOT ANALYSIS
FIGURE 17 MTU ONSITE ENERGY: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 18 MTU ONSITE ENERGY: SWOT ANALYSIS
FIGURE 19 VERTIV: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 20 VERTIV: SWOT ANALYSIS
FIGURE 21 TESLA INC.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 22 TESLA INC.: SWOT ANALYSIS
FIGURE 23 EMERSON ELECTRIC CO.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 24 EMERSON ELECTRIC CO.: SWOT ANALYSIS
FIGURE 25 SCHNEIDER ELECTRIC: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 26 SCHNEIDER ELECTRIC: SWOT ANALYSIS
FIGURE 27 MITSUBISHI ELECTRIC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 28 MITSUBISHI ELECTRIC CORPORATION: SWOT ANALYSIS
FIGURE 29 EATON CORPORATION PLC: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 30 EATON CORPORATION PLC: SWOT ANALYSIS
FIGURE 31 HONEYWELL INTERNATIONAL INC: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 32 HONEYWELL INTERNATIONAL INC: SWOT ANALYSIS