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Distributed generation, also known as distributed energy, on-site generation (OSG) or district/decentralized energy is electrical generation and storage performed by a variety of small, grid-connected devices referred to as distributed energy resources.
Europe is expected to dominate the distributed generation market during the forecast period, owing to the continued increase in energy consumption mainly from by the industrial and commercial sectors, which contributed to the largest demand for distributed generation. The demands from the IT and telecommunication sectors are also driving the market.
Market Analysis and Insights: Global Distributed Generation (DG) Market
The global Distributed Generation (DG) market was valued at US$ 58830 million in 2020 and it is expected to reach US$ 91930 million by the end of 2027, growing at a CAGR of 6.5% during 2021-2027.
Global Distributed Generation (DG) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Distributed Generation (DG) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Solar Photovoltaic
Wind Turbine
Reciprocating Engines
Micro Turbines
Fuel Cells
Segment by Application
Residential
Commercial
Industrial
By Company
Alstom
E.On. Se
Caterpillar Power Plants
Siemens Energy
Doosan Fuel Cell America
Ballard Power Systems
General Electrical Power
Sharp Corporation
Enercon
Bloom Energy
Capstone Turbine Corporation
Fuel Cell Energy
Opra Turbines
Rolls-Royce Power Systems
Mitsubishi Hitachi Power Systems
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Europe is expected to dominate the distributed generation market during the forecast period, owing to the continued increase in energy consumption mainly from by the industrial and commercial sectors, which contributed to the largest demand for distributed generation. The demands from the IT and telecommunication sectors are also driving the market.
Market Analysis and Insights: Global Distributed Generation (DG) Market
The global Distributed Generation (DG) market was valued at US$ 58830 million in 2020 and it is expected to reach US$ 91930 million by the end of 2027, growing at a CAGR of 6.5% during 2021-2027.
Global Distributed Generation (DG) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Distributed Generation (DG) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Solar Photovoltaic
Wind Turbine
Reciprocating Engines
Micro Turbines
Fuel Cells
Segment by Application
Residential
Commercial
Industrial
By Company
Alstom
E.On. Se
Caterpillar Power Plants
Siemens Energy
Doosan Fuel Cell America
Ballard Power Systems
General Electrical Power
Sharp Corporation
Enercon
Bloom Energy
Capstone Turbine Corporation
Fuel Cell Energy
Opra Turbines
Rolls-Royce Power Systems
Mitsubishi Hitachi Power Systems
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
