Distributed Generation Market to Reach a Valuation of Over US$ 35 Bn by 2025, Finds a New Study

A new research study titled, “Distributed Generation Market – Global Industry, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has been added to the comprehensive research repository of Market Research Reports Search Engine (MRRSE). According to the study, the global distributed generation market is likely to grow at over 8% CAGR and reach a valuation of over US$ 35 Bn by the end of the forecast period.

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The research study highlights the key factors that are impacting the growth of the market. An analysis of these factors has been carried out in various regions around the world. According to the report, Asia Pacific has emerged as an attractive market for distributed generation around the globe. The market in Asia Pacific is concentrated in China, as the country is working towards ambitious infrastructure programs to boost growth. Focus on increasing distributed generation installed capacity, and increase in industrial activity are the other key factors driving the growth of the market in China.

The growth in distributed generation market is not only limited to China, but many developing countries such as India and the ASEAN bloc are also emerging as key markets. It is highly likely that manufacturers will get a steady stream of opportunities in these markets. The focus on having a comprehensive and robust distributed generation market is growing among governments and policy experts, and this is likely to provide an impetus to growth during the assessment period.

The market in Asia Pacific is also growing on account of increasing emphasis on boosting renewable energy sector in the region. The increasing cost of off-grid electricity generation is growing, owing to which governments in Asia Pacific are also focusing on developing renewable sources of energy. Transmitting the electricity generated from renewable sources of energy to far off places is likely to provide an impetus to growth during the assessment period.

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In a bid to offer key insights on the distributed generation market, the report has segmented the market on the basis of technology, application, end-users, and region. The key technologies discussed in the research study include solar photovoltaic, wind turbine, micro turbines, fuel cells, reciprocating engines, and CHP. The key application segments in the distributed generation market include on-grid and off-grid. The research study also offers in-depth analysis on the end-user segment in the market. According to the research study, the key segments include residential, commercial, industrial, and buildings and institutions.

Some of the leading players in the market include Enercon, Sharp Corporation, Rolls-Royce Power Systems, E.ON. Alstom S.A., SE, Caterpillar Power Plants, Fuel Cell Energy, Doosan Fuel Cell America, Bloom Energy, Siemens Energy, Ballard Power Systems, Capstone Turbine Corporation, General Electrical Power, Mitsubishi Hitachi Power Systems Americas, Inc., and OPRA Turbines BV

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This release was published on openPR.