Distributed Power Generation Market 2021 Global Outlook - Ansaldo Energia SpA, Ballard Power Systems Inc., Bloom Energy, Capstone Turbine Corporation, Caterpillar Inc

The Global Distributed Power Generation Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The global distributed power generation market is expected to grow at a CAGR of more than 10% over the period of 2020-2025.

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Key Players:

Ansaldo Energia SpA, Ballard Power Systems Inc., Bloom Energy, Capstone Turbine Corporation, Caterpillar Inc., Cummins Inc., Fuelcell Energy Inc., General Electric Co., Schneider Electric SE, Siemens AG, 6.3.11 Sunverge Energy and others.

Key Market Trends

Solar PV Based Distributed Power Generation to Witness a Significant Growth

- Globally, distributed solar PV capacity is forecast to increase by over 200% during the forecast period, reaching more than 500 GW by 2024. Compared with the previous six-year period, expansion is expected to more than double, with the share of distributed applications in total solar PV capacity growth increasing from 36% to 45%.
- Rooftop solar offers the benefits of modern electricity services to households that had no access to electricity, reducing electricity costs on islands and in other remote locations that are dependent on oil-fired generation, as well as enabling residents and small businesses to generate their own electricity.
- During the forecast period, the share of the rooftop segment is expected to increase, on account of decreasing solar PV costs, supportive government policies for residential solar PV, FIT programs and incentives, and targets set by the governments for solar energy.
- Commercial and industrial systems remain the largest growth segment because they are usually more inexpensive and have a relatively stable load profile during the day that can enable larger savings on electricity bills, depending on the policy scheme in place.

Asia-Pacific to Dominate the Market

- Asia-Pacific has dominated the distributed power generation market in 2018 and is expected to continue its dominance in the coming years as well. The region holds vast potential for the expansion of distributed energy systems (DES), notably in the form of off-grid and residential solar. Inefficiencies in the power grid infrastructure, power supply shortages, and the scalability of decentralized technology pave way for the deployment in the region, particularly in China and India.
- In 2017, the National Energy Administration and National Development and Reform Commission of China introduced an initiative which provided an opportunity to expand distributed energy resources in the country. The Chinese government continues to draft and implement legislation supporting distributed energy resources (DERs) integration and competition within the segment.
- Similarly, countries such as India, Japan, and South Korea have set their renewable energy targets and this, in turn, is expected to drive the distributed power generation market in the region during the forecast period.

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What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Distributed Power Generation market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Personal Protective Equipment market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Distributed Power Generation market.

Market Segments: This part of the report discusses product type and application segments of the global Distributed Power Generation market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Distributed Power Generation used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format

– Report customization as per the client’s requirements

– 3 months of analyst support

Finally, the Distributed Power Generation Market report is the believable source for gaining Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate and figure, and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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