Distributed Generation Market Size to reach $118,898.35 Million by the end of 2025 | Valuates Reports

The Global Distributed Generation Market size is expected to grow from USD 58,904.20 Million in 2019 to USD 118,898.35 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 12.41%. Major factors driving the Distributed Generation Market size are increased understanding of renewable energy resources, increased demand for distributed energy generation due to its environmental benefits, low costs compared to traditional energy generation, technical development & innovation, and ease of use.

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Trends Influencing the Distributed Generation Market Growth and Size

Several government measures to reduce reliance on traditional power generation are expected to drive the Distributed Generation Market size during the forecast period. Distributed energy generation systems, along with energy storage systems, provide clean power through renewable technology such as solar photovoltaic and wind turbines.

Standalone off-grid systems are becoming popular with consumers, as it gives freedom from utility service providers. Off-grid services are typically easier for rural residents relative to the costs involved in having a utility service. Distributed renewable electricity-supported energy generation systems prove useful in delivering low-value and sustainable energy to the population living in the bad grid and off-grid areas. The increase of off-grid systems is expected to fuel the growth of the Distributed Generation Market size.

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Extensive research and development, field trials, and demonstration projects have contributed to a decrease in the cost, which in turn has accelerated the growth of the Distributed Generation Market size industry.

Distributed Generation Market Segmentation and Coverage

This research report categorizes the Distributed Generation to forecast the revenues and analyze the trends in each of the following sub-markets:

Distributed Generation Market by Technology

o Fuel Cells,
o Gas Turbines,
o Micro Turbines,
o Reciprocating Engines,
o Solar PV,
o Wind.

Distributed Generation Market by End-User

o Off-Grid
o On-Grid.

Distributed Generation Market by Application

o Commercial,
o Industrial,
o Residential.

Distributed Generation Market by Region
Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Company Usability Profiles

The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Distributed Generation Market including Ansaldo Energia, Bloom Energy, Capstone, Caterpillar, Cummins, Fuelcell Energy, General Electric, Mitsubishi Heavy Industries, Schneider Electric, and Siemens.

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