As per this study the Global Distributed Generation Market was valued USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2027 with a CAGR of XX%.
Distributed generation or distributed energy generation is the process of electricity production and storage closer to the end-user. The energy generation takes place by using small grid connected devices by using renewable sources of energy such as wind, solar, geothermal, etc. It is used to provide improved and low-cost power supply for remote and inaccessible areas.
Rising investment for development of renewable energy infrastructure is driving the market growth. Governmental initiates to promote solar power and rising adoption of clean energy are again boosting the market demand. Growing global demand for electricity is another factor fueling the market growth. Also, owing to relatively cheaper alternative process for electricity generation is again pushing the market growth uphill.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of distributed generation.
The broad distributed generation market has been sub-grouped into type, source and end-use. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Fuel Cell
- Micro Turbines
- Solar PV
- Combined Heat & Power
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for distributed generation in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Distributed Generation Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the distributed generation market includes Ansaldo Energia, Ballard Power Systems, Bloom Energy, Capstone Turbine, General Electric Energy LLC, Ingersoll-Rand plc, JA Solar Holdings Co. Ltd., Sharp Corporation, Siemens AG, Suntech Power Holdings Co. Ltd. and Yingli Green Energy. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.