Top 5 Vendors in the Global Backup Power Systems Market for Oil and Gas Industry: Technavio

September 26, 2017

LONDON–(BUSINESS WIRE)–#Energy—Technavio
has announced the top five leading vendors in their recent global
backup power systems market for the oil and gas industry 2017-2021
report. This market research report also lists 19 other prominent
vendors that are expected to impact the market during the forecast
period.

Competitive vendor landscape

According to the research analysis, the global backup
power systems market for the oil and gas industry is highly
fragmented with the presence of numerous vendors worldwide, offering a
wide variety of products. The backup power systems market is marked by
numerous international and local vendors, supplying backup power
solutions to various industries including oil and gas. The products are
non-differentiated, and with a horde of vendors, the switching costs are
low. The oil and gas industry requires a continuous and reliable supply
of power. The backup power systems for the oil and gas industry are
designed with the intent to ensure continuous supply of power in the
event of a power outage.

“With the rise in refinery greenfield and brownfield projects, the
backup power requirements are likely to go up. 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,” says
Thanikachalam Chandrasekaran, a lead oil
and gas research analyst from Technavio.

The report also states that gas generators find huge applications in the
oil and gas industry due to the high availability of natural gas as a
fuel at drilling locations, especially in the upstream sector, in remote
onshore fields as well as offshore fields, where main grid connectivity
is not possible, gas generators are the ideal source for power
generation.

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Technavio market research analysts identify the following key
vendors:

Aggreko

Aggreko offers critical rental power solutions to companies worldwide.
It provides rental generators, load banks, and transformers along with
the required cabling and electrical distribution equipment to provide
complete turnkey solutions. The company's offerings for power generation
include silenced gas and diesel generators, air conditioners, chillers,
heaters, humidifiers, cooling towers, and load banks for emergency and
planned purposes.

Caterpillar

Caterpillar manufactures and sells generator sets with applications in
continuous supply, mission-critical standby, and prime power. Within the
diesel range of stationary generators, the company offers over 25
models. Depending on the application, these generators are available
with ratings from 6 ekW to about 14,040 ekW.

Cummins

Cummins designs, manufactures, and markets a wide range of power
generation systems, diesel and natural gas engines, and engine-related
component products worldwide. The key applications of Cummins products
include alternative fuels, cogeneration, distributed generation, prime
power, standby power, residential, light commercial, commercial mobile,
recreational vehicle, marine, and rental power.

Saft

Saft designs and manufactures batteries used in various industries
including transport, and defense. It offers a range of nickel-based and
lithium-ion-based batteries which are used in oil and gas upstream,
midstream and downstream facilities. Saft offers its batteries for
applications such as emergency power, UPS and control, and safety system
support. These batteries are known to offer reliability, energy/power
density, and safety in harsh conditions and extreme temperatures with
minimum maintenance requirements and long lifespan.

Trojan Battery

Trojan Battery is a manufacturer of deep-cycle batteries. The company
offers a broad range of batteries such as deep-cycle flooded, deep-cycle
AGM, and gel batteries. These batteries are used in floor scrubbers and
utility, aerial work platforms, commercial trucking, marine, floor
machines, RVs, oil and gas applications, material handling applications,
and renewable energy systems.

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