Global Residential Backup Power Market 2023-2027

Description

List of Tables

The residential backup power market is forecasted to grow by USD 3966.63 mn during 2022-2027, accelerating at a CAGR of 6.78% during the forecast period. The report on the residential backup power market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for backup power from emerging economies, growing use of batteries for backup power source, and rising number of blackouts and unreliable grid power supply.

Technavio's residential backup power market is segmented as below:

By Technology

Generators
Batteries
Fuel cells

By Geographical Landscape

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the rising adoption of fuel cells for power backup as one of the prime reasons driving the residential backup power market growth during the next few years. Also, the increasing adoption of hybrid power systems and the development of smart cities will lead to sizable demand in the market.

The report on the residential backup power market covers the following areas:

Residential backup power market sizing
Residential backup power market forecast
Residential backup power market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading residential backup power market vendors that include ABB Ltd., Briggs and Stratton LLC, C and D Technologies Inc., Caterpillar Inc., Champion Power Equipment Inc., Cummins Inc., Eaton Corp. Plc, Emerson Electric Co., EnerSys, Exide Industries Ltd., Generac Holdings Inc., Honda Motor Co. Ltd., Huawei Technologies Co. Ltd., Kohler Co., NeoVolta Inc., Panasonic Holdings Corp., Schneider Electric SE, SMA Solar Technology AG, Tesla Inc., and Toshiba Corp.. Also, the residential backup power market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40814

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 06: Executive Summary - Chart on Incremental Growth
Exhibit 07: Executive Summary - Data Table on Incremental Growth
Exhibit 08: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 13: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global residential backup power market 2017 - 2021
Exhibit 17: Historic Market Size - Data Table on global residential backup power market 2017 - 2021 ($ million)
4.2 Technology Segment Analysis 2017 - 2021
Exhibit 18: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
4.3 Geography Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.4 Country Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 21: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 22: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 23: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 24: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 25: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 26: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 27: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

6.1 Market segments
Exhibit 28: Chart on Technology - Market share 2022-2027 (%)
Exhibit 29: Data Table on Technology - Market share 2022-2027 (%)
6.2 Comparison by Technology
Exhibit 30: Chart on Comparison by Technology
Exhibit 31: Data Table on Comparison by Technology
6.3 Generators - Market size and forecast 2022-2027
Exhibit 32: Chart on Generators - Market size and forecast 2022-2027 ($ million)
Exhibit 33: Data Table on Generators - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Chart on Generators - Year-over-year growth 2022-2027 (%)
Exhibit 35: Data Table on Generators - Year-over-year growth 2022-2027 (%)
6.4 Batteries - Market size and forecast 2022-2027
Exhibit 36: Chart on Batteries - Market size and forecast 2022-2027 ($ million)
Exhibit 37: Data Table on Batteries - Market size and forecast 2022-2027 ($ million)
Exhibit 38: Chart on Batteries - Year-over-year growth 2022-2027 (%)
Exhibit 39: Data Table on Batteries - Year-over-year growth 2022-2027 (%)
6.5 Fuel cells - Market size and forecast 2022-2027
Exhibit 40: Chart on Fuel cells - Market size and forecast 2022-2027 ($ million)
Exhibit 41: Data Table on Fuel cells - Market size and forecast 2022-2027 ($ million)
Exhibit 42: Chart on Fuel cells - Year-over-year growth 2022-2027 (%)
Exhibit 43: Data Table on Fuel cells - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Technology
Exhibit 44: Market opportunity by Technology ($ million)
Exhibit 45: Data Table on Market opportunity by Technology ($ million)

7 Customer Landscape

7.1 Customer landscape overview
Exhibit 46: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation
Exhibit 47: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 48: Data Table on Market share By Geographical Landscape 2022-2027 (%)
8.2 Geographic comparison
Exhibit 49: Chart on Geographic comparison
Exhibit 50: Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2022-2027
Exhibit 51: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on APAC - Year-over-year growth 2022-2027 (%)
8.4 North America - Market size and forecast 2022-2027
Exhibit 55: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on North America - Year-over-year growth 2022-2027 (%)
8.5 Europe - Market size and forecast 2022-2027
Exhibit 59: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Europe - Year-over-year growth 2022-2027 (%)
8.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 63: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
8.7 South America - Market size and forecast 2022-2027
Exhibit 67: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on South America - Year-over-year growth 2022-2027 (%)
8.8 China - Market size and forecast 2022-2027
Exhibit 71: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on China - Year-over-year growth 2022-2027 (%)
8.9 US - Market size and forecast 2022-2027
Exhibit 75: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on US - Year-over-year growth 2022-2027 (%)
8.10 Japan - Market size and forecast 2022-2027
Exhibit 79: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Japan - Year-over-year growth 2022-2027 (%)
8.11 Germany - Market size and forecast 2022-2027
Exhibit 83: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Germany - Year-over-year growth 2022-2027 (%)
8.12 UK - Market size and forecast 2022-2027
Exhibit 87: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on UK - Year-over-year growth 2022-2027 (%)
8.13 Market opportunity By Geographical Landscape
Exhibit 91: Market opportunity By Geographical Landscape ($ million)
Exhibit 92: Data Tables on Market opportunity By Geographical Landscape ($ million)

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 93: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 94: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 95: Overview on factors of disruption
10.4 Industry risks
Exhibit 96: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 97: Vendors covered
11.2 Market positioning of vendors
Exhibit 98: Matrix on vendor position and classification
11.3 ABB Ltd.
Exhibit 99: ABB Ltd. - Overview
Exhibit 100: ABB Ltd. - Business segments
Exhibit 101: ABB Ltd. - Key offerings
Exhibit 102: ABB Ltd. - Segment focus
11.4 C and D Technologies Inc.
Exhibit 103: C and D Technologies Inc. - Overview
Exhibit 104: C and D Technologies Inc. - Product / Service
Exhibit 105: C and D Technologies Inc. - Key offerings
11.5 Caterpillar Inc.
Exhibit 106: Caterpillar Inc. - Overview
Exhibit 107: Caterpillar Inc. - Business segments
Exhibit 108: Caterpillar Inc. - Key offerings
Exhibit 109: Caterpillar Inc. - Segment focus
11.6 Cummins Inc.
Exhibit 110: Cummins Inc. - Overview
Exhibit 111: Cummins Inc. - Business segments
Exhibit 112: Cummins Inc. - Key offerings
Exhibit 113: Cummins Inc. - Segment focus
11.7 Eaton Corp. Plc
Exhibit 114: Eaton Corp. Plc - Overview
Exhibit 115: Eaton Corp. Plc - Business segments
Exhibit 116: Eaton Corp. Plc - Key news
Exhibit 117: Eaton Corp. Plc - Key offerings
Exhibit 118: Eaton Corp. Plc - Segment focus
11.8 Emerson Electric Co.
Exhibit 119: Emerson Electric Co. - Overview
Exhibit 120: Emerson Electric Co. - Business segments
Exhibit 121: Emerson Electric Co. - Key news
Exhibit 122: Emerson Electric Co. - Key offerings
Exhibit 123: Emerson Electric Co. - Segment focus
11.9 Exide Industries Ltd.
Exhibit 124: Exide Industries Ltd. - Overview
Exhibit 125: Exide Industries Ltd. - Product / Service
Exhibit 126: Exide Industries Ltd. - Key offerings
11.10 Generac Holdings Inc.
Exhibit 127: Generac Holdings Inc. - Overview
Exhibit 128: Generac Holdings Inc. - Business segments
Exhibit 129: Generac Holdings Inc. - Key news
Exhibit 130: Generac Holdings Inc. - Key offerings
Exhibit 131: Generac Holdings Inc. - Segment focus
11.11 Honda Motor Co. Ltd.
Exhibit 132: Honda Motor Co. Ltd. - Overview
Exhibit 133: Honda Motor Co. Ltd. - Business segments
Exhibit 134: Honda Motor Co. Ltd. - Key news
Exhibit 135: Honda Motor Co. Ltd. - Key offerings
Exhibit 136: Honda Motor Co. Ltd. - Segment focus
11.12 Huawei Technologies Co. Ltd.
Exhibit 137: Huawei Technologies Co. Ltd. - Overview
Exhibit 138: Huawei Technologies Co. Ltd. - Business segments
Exhibit 139: Huawei Technologies Co. Ltd. - Key news
Exhibit 140: Huawei Technologies Co. Ltd. - Key offerings
Exhibit 141: Huawei Technologies Co. Ltd. - Segment focus
11.13 Kohler Co.
Exhibit 142: Kohler Co. - Overview
Exhibit 143: Kohler Co. - Product / Service
Exhibit 144: Kohler Co. - Key news
Exhibit 145: Kohler Co. - Key offerings
11.14 Panasonic Holdings Corp.
Exhibit 146: Panasonic Holdings Corp. - Overview
Exhibit 147: Panasonic Holdings Corp. - Business segments
Exhibit 148: Panasonic Holdings Corp. - Key news
Exhibit 149: Panasonic Holdings Corp. - Key offerings
Exhibit 150: Panasonic Holdings Corp. - Segment focus
11.15 Schneider Electric SE
Exhibit 151: Schneider Electric SE - Overview
Exhibit 152: Schneider Electric SE - Business segments
Exhibit 153: Schneider Electric SE - Key news
Exhibit 154: Schneider Electric SE - Key offerings
Exhibit 155: Schneider Electric SE - Segment focus
11.16 Tesla Inc.
Exhibit 156: Tesla Inc. - Overview
Exhibit 157: Tesla Inc. - Business segments
Exhibit 158: Tesla Inc. - Key news
Exhibit 159: Tesla Inc. - Key offerings
Exhibit 160: Tesla Inc. - Segment focus
11.17 Toshiba Corp.
Exhibit 161: Toshiba Corp. - Overview
Exhibit 162: Toshiba Corp. - Business segments
Exhibit 163: Toshiba Corp. - Key news
Exhibit 164: Toshiba Corp. - Key offerings
Exhibit 165: Toshiba Corp. - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 166: Inclusions checklist
Exhibit 167: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 168: Currency conversion rates for US$
12.4 Research methodology
Exhibit 169: Research methodology
Exhibit 170: Validation techniques employed for market sizing
Exhibit 171: Information sources
12.5 List of abbreviations
Exhibit 172: List of abbreviations