The global Backup Power market was valued at approximately USD 17.82 billion in 2024, growing at a CAGR of 5.8%. Growth is driven by rising demand for uninterrupted electricity, emergency power solutions, and reliable backup power systems across residential, commercial, and industrial sectors. The market includes solutions such as Uninterruptible Power Supplies (UPS), diesel and gas generators, solar-battery hybrid systems, and energy storage systems, all critical for maintaining operations during power outages, peak-load periods, and off-grid applications. Increasing reliance on digital infrastructure, data centers, and telecom networks further amplifies the need for high-performance backup power.
Backup Power overview
Published by MMR Statistics Research Team, Updated