Global Distributed Solar Power Generation Market 2020-2024
It's has been monitoring the global distributed solar power generation market and it is poised to grow by USD 51.07 billion during 2020-2024, progressing at a CAGR of over 21% during the forecast period. Our reports on global distributed solar power generation market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising electricity demand and high cost of grid expansion. Also, increasing adoption of microgrids is anticipated to boost the growth of the global distributed solar power generation market as well.
Market Segmentation
global distributed solar power generation market is segmented as below:
Type
• Commercial and industrial
• Residential
• Off-grid
Geographic segmentation
• The Americas
• APAC
• EMEA
Key Trends for global distributed solar power generation market growth
This study identifies increasing adoption of microgrids as the prime reason driving the global distributed solar power generation market growth during the next few years.
Prominent vendors in global distributed solar power generation market
We provide a detailed analysis of around 25 vendors operating in the global distributed solar power generation market, including some of the vendors such as Canadian Solar Inc., Huawei Investment & Holding Co. Ltd., JA Solar Co. Ltd., JinkoSolar Holding Co. Ltd., KACO new energy GmbH, SMA Solar Technology AG, Sungrow Power Supply Co. Ltd., SunPower Corp., Tata Power Solar Systems Ltd., and Trina Solar Co. Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. For further information on this report, please visit -https://www.It's.com/report/distributed-solar-power-generation-market-industry-analysis
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It's presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.