Small-Scale Power Generation Market - Positive Long-Term Growth Outlook 2025

A new research report by Transparency Market Research offers a comprehensive evaluation of the global Small-Scale Power Generation Market. The study, titled “Small-Scale Power Generation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025”, is available for sale on the firm’s website.

Presently, energy systems are undergoing significant and extensive changes. The world is moving away from centralized fossil fuel and nuclear-based large power systems toward a more distributed or decentralized system. The drivers driving these changes are regulations to cut down on greenhouse gas emissions, to increase the share of renewable energy sources in energy mix, to enhance energy efficiency, and also the need of energy security. These distributed systems majorly rely on renewables and combined heat and power (CHP) systems for power generation, which enable the consumers to become producers of their own power.

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The conventional power systems have been primarily centralized with power generation at bigger and larger power plants and generated power flowing through voltage chain; however, this trend is expected to change with an increase in small scale power generation capacity at local level either due to local energy sources or due to increase in local energy demands. The policies and incentives offered by various governments for renewables across the world is estimated to give a vital boost to the small-scale power generation market, and the same is anticipated to expand at a healthy rate during the forecast period due to increase in demand for standby power and better power quality by the end-user markets.

In terms of source of energy, the small-scale power generation market can be segmented into renewable and non-renewable sources of energy. The renewable sources comprise small-scale solar power plants and wind turbines, small-scale hydro plants, biogas, and biomass. The renewable sources segment is projected to increase at a substantial rate during the forecast period due to reduced carbon footprint from these sources of energy for small-scale power generation. The non-renewable sources of energy include oil and natural gas for small-scale power generation from reciprocating internal combustion engines, gas turbines, small steam turbines or micro turbines. The efficiency of these systems can be improved by employing combined heat and power (CHP) system, which recovers wasted thermal energy in order to utilize it for various purposes such as water heating or space heating. The non-renewable segment is likely to dominate the small-scale power generation market by source of energy during the forecasted period.

In terms of end-user industry, the small-scale power generation market can be segmented into residential, commercial, and industrial. The industrial segment is projected to have significant share in the small-scale power generation market. While the commercial segment is predicted to expand at a significant growth rate during the forecast period.

In terms of region, the small-scale power generation market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is estimated to dominate the small-scale power generation market with the U.S. holding major share in the region. While the market in Asia Pacific is predicted to expand at a rapid growth rate during the forecast period primarily due to the emerging markets, increasing power demands and expanding infrastructure in developing economies of India and China. Middle East and Africa is projected to follow the lead of Asia Pacific in terms of growth rate for the small-scale power generation market.

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Key players operating in the small-scale power generation market are Siemens AG, Ansaldo Energia, First Solar, FuelCell Energy Inc., Canyon Industries Inc., Capstone Turbine Corporation, Bloom Energy, Ballard Power Systems, Mitsubishi Hitachi Power Systems Americas Inc., and Yingli Solar.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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