The global distributed energy generation market is expected to reach USD 744.78 billion by 2030, according to a new report by Emergen Research. The growth of this market can be attributed to the growing environmental awareness among consumers and supportive government policies regarding the increase of DEG installations for industrial and commercial applications as well as residential. Increasing research and development for the technological advancement of products is augmenting the demand for the industry.
With the reader's comprehension in mind, the team of analysts at Emergen Research painstakingly put up the new study named "Global Distributed Energy Generation Market." A sizable database on industry distribution is also included. The study takes into account both historical and current market conditions in order to forecast the worldwide Distributed Energy Generation Market outlook during the forecast period (2022–2030). Researchers who thoroughly examined the global market were able to identify the factors affecting the industry's overall growth. Strong analytical techniques, such as SWOT analysis and Porter's Five Forces, are used in the research to assess the strengths, weaknesses, opportunities, and threats connected to the growth of different market segments.
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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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Major Geographies Analyzed in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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
U.S
Canada
Europe
Germany
UK
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
MEA
Saudi Arabia
UAE
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.
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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