Press release
Distributed Generation Market is expected to reach USD 4.71 Bn by 2030, as per Maximize Market Research.
Distributed Generation Market, Distributed Generation Market Size, Distributed Generation Market Share,
Distributed Generation Market Overview
Renewable Energy integration to boost the market
The surge in the Distributed Generation (DG) market is driven by the growing need to integrate renewable energy. As society shifts towards sustainable methods, DG technologies like solar panels and wind turbines are crucial in decentralizing power generation. The expansion of the DG market is fueled by a significant focus on energy security. Diversifying energy sources and decreasing reliance on centralized power plants are addressed by Distributed Generation as a remedy.
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Microgrid Expansion for Energy Resilience will create opportunity for the market
The expansion of microgrids presents an exciting opportunity within the Distributed Generation Market to improve energy resilience. As awareness of the susceptibilities of centralized power grids to disturbances increases, there is a growing need for microgrid solutions that can function autonomously or in partnership with the primary grid.
Asia Pacific dominates the Distributed Generation Market
In the global distributed generation market, the Asia Pacific region became the leading influence in 2023, capturing more than 45% of the market share. The increased adoption of renewable energy sources, greater investments in industrialization and urbanization, fast-paced infrastructure advancements, and government efforts to promote the use of renewable and environmentally friendly energy sources all contributed to this development.
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In recent news
13 Aug 2024: Budderfly Acquires Sunverge's Distributed Energy Resource Management Platform, Pioneers First End-to-End Virtual Power Plant
5 Aug 2024: Chilean government proposes solar FIT cut for distributed generation
4 june 2024: Colibri Capital Invests R$30 Million to Acquire Sirius, Enhancing Solar Equipment Distribution and Expanding Reach in Brazil's Distributed Generation Market
15 july 2024: Ireland reaches 400 MW of operational distributed-generation solar
19 march 2024: Itron Unveils Cutting-Edge Low Voltage Distributed Energy Resource Management System (LV DERMS) for Australian Market at Energy Networks 2024
Distributed Generation Market Segmentation
by Technology
Solar PV
Wind
Reciprocating Engines
Microturbines
Fuel Cell
Gas Turbines
by Application
On-Grid
Off-Grid
by End User
Industrial
Commercial
Residential
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Distributed Generation Market Key Players
North America
General electric (ge) usa
Capstone Green Energy
Caterpillar inc. usa
FuelCell Energy: USA
Cummins Inc.: USA
Bloom Energy: USA
Bergey Windpower: USA
Europe
Siemens AG: Germany
Schneider Electric: France
Vestas Wind Systems A/S: Denmark
Rolls-Royce Power Systems AG: Germany
Ansaldo Energia: Genoa, Italy
APAC
Mitsubishi Heavy Industries: Japan
Torrent Power
RattanIndia Power
China Yangtze Power Company
Tokyo Electric Power Company
Distributed Energy
Middle East and Africa
Sharaf DG Energy
Ignite Power
Abu Dhabi National Energy Company
Savannah Energy
Viathan
South America
Eletrobras
CPFL Energia
Key questions answered in the Distributed Generation Market are:
What factors are driving growth in the Distributed Energy Generation Market?
What is the projected market size of the Distributed Energy Generation Market?
Who are the leading players in the Distributed Energy Generation Market?
What are the primary opportunities in the Distributed Energy Generation Market?
What market segments are included in the Distributed Energy Generation Market?
What factors limit the growth of the Distributed Energy Generation Market?
Which segment shows the highest growth in the Distributed Energy Generation
Market based on the end-use industry?
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/distributed-generation-market/1141/
Key Offerings:
Past Distributed Generation Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Distributed Generation Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Distributed Generation Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Distributed Generation Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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About Maximize Market Research:
Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
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