DUBLIN--(BUSINESS WIRE)--The "Global Backup Power Systems Market for Oil and Gas Industry 2017-2021" report has been added to Research and Markets' offering.
The global backup power systems market for the oil and gas industry is forecast to grow at a CAGR of 4.27% during the period 2017-2021.
The report, Global Backup Power Systems Market for the Oil and Gas Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the increase in use of gas generators in the oil and gas industry. Environmental reforms and stringent emission regulations to reduce emissions have led to a new technology being developed where generators produce increased power output while consuming less fuel. A recent trend has been the shift to gas powered generators. The use of gas for generators produces cleaner power with reduced emissions than diesel generators. The gas generators emit only 15% emissions of a diesel generator and are 35% less costly when compared with a diesel generator.
According to the report, one of the major drivers for this market is the growing prominence of refineries. One of the major areas of backup power systems use is in the oil refineries. They store and process crude oil to make petroleum products, which are transported to end-users. An oil refinery houses many process plants, which require huge amounts of energy to run its operations and require continuous power supply due to its criticality. In the event of a power outage, the emergency power or backup power system should kick in immediately to avoid any disruption in operations.
- Trojan Battery
Other prominent vendors
- Altaaqa Global
- APac Energy Rental
- APR Energy
- Atlas Copco
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product Type
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/sfzcqh/global_backup