Distributed Generation Market, Attractive Opportunities for Growing Share of Renewable Power Generation and Increasing Government Mandates Forecast 2025

Distributed Generation Market by Technology (Solar PV, Wind, Reciprocating Engines, Microturbines, Fuel Cells, Gas Turbines), Application (On-Grid, Off-Grid), End-User (Industrial, Commercial, Residential), and Region - Global Forecast to 2025

Algoro Reports, recently published a detailed market research study focused on the “global Distributed Energy Generation market status and forecast, categorizes the global Distributed Energy Generation market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

Distributed energy generation refers to the small-scale energy generation technology units that are used to generate energy at a location closer to the end-users. Distributed energy generation technologies offer end-users several benefits such as increased power reliability and reduction in the cost of electricity. These benefits have increased the demand for distributed energy generation technologies.
It has been observed that around 1 billion people across the world have no access to energy due to the lack of grid infrastructure. In addition, the cost of main grid extension for rural electrification depends on the demand pattern, distance of the community from the existing main grid, population density, power quality, and several other factors. This is resulting in an increased demand for distributed generation of energy. Research analysis on the global distributed energy generation market identifies the increasing need for energy access and the high cost of grid expansion to be one of the major factors that will have a positive impact on the growth of the market.

The years considered to estimate the market size of Distributed Energy Generation are as follows:

History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

The distributed energy generation market appears to be highly fragmented due to the presence of a large number of manufacturers. This industry research report offers information about the competitive environment among players in this marketspace and offers an analysis of key companies and their products. Additionally, our analysts also offer information about key areas the players of the distributed energy resources market currently focus on and strategies they follow to sustain the competition.

Target Audience:
The report’s target audience includes:
• Distributed generation solution providers
• Distribution grid operators
• Electric utilities
• Energy storage device/equipment manufacturers and integrators
• Government and research organizations
• Institutional investors
• Distribution consultancies
• Microgrid developers
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Scope of the report:
• By Application
o On-Grid
o Off-Grid
• By End-User
o Industrial
o Commercial
o Residential
• By Technology
o Solar PV
o Wind
o Reciprocating engines
o Microturbines
o Fuel cells
o Gas turbines
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering

• United States

• Europe

• China

• Japan

• Southeast Asia India
We can also provide the customized separate regional or country-level reports, for the following regions:

• North America
• United States
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Singapore
• Rest of Asia-Pacific
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Russia
• Rest of Europe
• Central & South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• Turkey
• Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Solar PV
• CHP
• Fuel cells
• Microturbine
• Small wind turbines
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
• Rural areas
• Urban areas
The study objectives of this report are:
• To analyze and study the global Distributed Energy Generation sales, value, status (2013-2017) and forecast (2018-2025);
• To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, to study the sales, value and market share of top players in these regions.
• Focuses on the key Distributed Energy Generation players, to study the sales, value, market share and development plans in future.
• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.
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The report segments the distributed generation market, on the basis of application, into on-grid and off-grid systems. The on-grid segment led the market in 2016. Grid-connected installations are largely used as a long-term investment to provide energy for local loads and for the exchange of power with utility grids. These are used for power generation by various end-users including industries and manufacturing applications.
The global distributed generation market, by technology, is segmented into solar PV, wind, microturbines, reciprocating engines, fuel cells, and gas turbines, of which, solar PV is the fastest growing segment. The decreasing costs of solar installations, attractive incentives, and greenhouse gas emission restrictions are expected to drive the adoption of solar PV technology for power generation during the forecast period.

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The report further segments the distributed generation market, by end-user into industrial, commercial, and residential segments. The commercial segment of distributed generation is expected to grow at the highest CAGR during the forecast period. Government initiatives toward green solutions, the growing demand for reliable power, and easy availability of fuel are expected to drive the growth of the global market during the forecast period.
In this report, the market has been analyzed with respect to six regions, namely, North America, Europe, Asia Pacific, South America, the Middle East, and Africa. 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. The figure given below shows the market size of the year 2022 in various regions, with the respective CAGRs.

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The major factor restraining the growth of the distributed generation market is the reluctance to spend on distributed generation technologies as it takes a lot of investments, effort, and time to alter and switch to decentralized business models which were earlier functioning in a traditional centralized way.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
• Distributed Energy Generation Manufacturers
• Distributed Energy Generation Distributors/Traders/Wholesalers
• Distributed Energy Generation Subcomponent Manufacturers
• Industry Association
• Downstream Vendors
•
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AlgoroReports is a part of Algororesearch Consultant Pvt. Ltd. AlgoroReports is one of the largest collections of market research reports from numerous publishers with the team of industries specialist that meet with best client requirements. Market Research is based on a research project that may also be an expansion on past work in the field. Research projects can be used to develop further knowledge on a topic, geography, culture, linguistics, and community to provide exact idea about existing market.

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neel.patel@algororeports.com
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This release was published on openPR.