The Distributed Energy Generation Industry: Understanding the Market and Its Potential, High Demand Report Forecast 2030

Distributed Energy Generation Market Size – USD 281.88 Billion in 2021, Market Growth - CAGR of 11.4%, Market Trends –Growing environmental awareness

The Global Distributed Energy Generation Market report examines historical and current data, as well as a thorough examination of market dynamics. The report also sheds light on the major market growth driving and restraining factors that are expected to influence market growth over the forecast period. The Global Distributed Energy Generation Market researches the market scenario to provide growth projections for the Distributed Energy Generation industry from 2022 to 2030. The report focuses on potential growth opportunities and constraints that industry leaders may face over the course of the forecast timeline. To assist readers in making decisions, the report pays special attention to emerging business components, niche sectors, product launches, and brand promotions that are taking place in the market.

According to a recent report by Emergen Research, the market for distributed energy generation will reach USD 744.78 billion by 2030. The expansion of this market can be ascribed to rising consumer environmental consciousness and government laws that favour the expansion of DEG installations in industrial, commercial, and residential settings. The industry's demand is growing as more research and development is being done to advance the items' technologies.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Ballard Power Systems Inc., Siemens AG, Caterpillar Inc., General Electric, Sharp Corporation, Suzlon Energy Ltd., Doosan Heavy Industries Corporation, Capstone Turbine Corporation, Rolls-Royce plc. and Vestas Wind Systems A/S

Target Audience of the Global Distributed Energy Generation Market Report:

  • Key Market Players
  • Investors
  • Venture capitalists
  • Small- and medium-sized and large enterprises
  • Third-party knowledge providers
  • Value-Added Resellers (VARs)
  • Global market producers, distributors, traders, and suppliers
  • Research organizations, consulting companies, and various alliances interested in this sector
  • Government bodies, independent regulatory authorities, and policymakers

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Market Segmentations of the Distributed Energy Generation Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Distributed Energy Generation market on the basis of product, application, and region:

Segments Covered in this report are:

  • Technology Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2019-2030)
    • Solar PV
    • Wind Turbine
    • Fuel Cells
    • Diesel Gensets
    • Natural Gas Gensets
    • Gas Steam Turbine
    • Others
  • Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2019-2030)
    • Industrial Commercial
    • Residential
    • Others
  • Regional Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2019-2030)
    • North America
      1. U.S
      2. Canada
    • Europe
      1. Germany
      2. UK
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • MEA
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA

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Some Key Highlights from the Report

  • The Fuel cells segment dominated the market with a share of 35.7% in 2019 due to its higher efficiencies and easy conversion to electrical energy. Solar PV is expected to be the fastest-growing segment over the forecast period as it provides clean and quality power.
  • The Industrial Commercial segment dominated the market in 2019 due to the lower cost of the product installation. Besides, the supportive government policies such as feed-in-tariff and other subsidies are driving the growth of the market. Owing to the increasing electricity costs, the residential is adopting the renewable energy generation system. Also, government policies such as net metering are expected to encourage the installation of the distributed energy generation system.
  • Asia-Pacific has the highest adoption rate in the market due to the increasing urban population in countries such as China, Malaysia, India, and Indonesia and the increasing disposable income of the consumers.

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Additional information offered by the report:

  • Along with a complete overview of the global Distributed Energy Generation market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Distributed Energy Generation market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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