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Global Residential Backup Power Market 2017-2021

Residential Backup Power Sector: Worldwide Forecast until 2021

  • July 2017
  • 70 pages
  • ID: 5006379
In this report:
The global smart home market was valued at $##.## billion in 2016 and is expected to reach $##.## billion by 2021, registering a CAGR of ##.##%.
The global residential backup power market by other technologies (batteries and fuel cells) was valued at $##.## billion in 2016 and is expected to reach $##.## billion by 2021, growing at a CAGR of ##.##%.

Summary

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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 experts estimate the worldwide residential backup power market to increase at a compound annual Growth rate of ~6.2 percent between 2017 and 2021.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global residential backup power sector for 2017-2021. To calculate the market value, the industry report considers additional sales in the industry.

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe, Middle East and Africa (EMEA)

The market study, World-wide Residential Backup Power Sector 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

• panasonic (TYO:6752)

Who are the market dominants?

• growth in overall economic growth

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Improvements in grid power supply

• For a full, exhaustive list, view our market report

How is the market going?

• growth in shipments of fuel cells

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will both market value and growth rate be in 2021?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main sellers in this market environment?

• What are the opportunities in this industry and segment risks faced by the main vendors?

• What are the forces and weaknesses of the main vendors?

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