Tag Archives: backup

Global Backup Power Market Will Grow At A CAGR Of 4.59% During The Period 2017 – 2021

Researchmoz added Most up-to-date research on “Global Backup Power Market Will Grow At A CAGR Of 4.59% During The Period 2017 – 2021” to its huge collection of research reports.

Power outages can be caused due to natural calamities, overload, or equipment failures. It is a recurring problem that disrupts the operations in residential, commercial, and industrial sectors. The monetary losses incurred vary from sector to sector and can run into millions. Therefore, to minimize the losses and stay protected against utility power outages, backup power systems are being adopted where the momentary power outages do not disrupt the operations. For instance, installing a diesel generator for emergency backup can meet the full load that it is designed for under 10 seconds. It is regarded as a highly reliable source and can run for about 3.5 years without any major overhauls. However, they need to be regularly serviced and maintained.

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