Distributed Generation Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Technology, End-User, Application, and Region.

Distributed Generation Market reached a value of US $ 198.3 Bn. in 2020. Global Distributed Generation Market size is estimated to grow at a CAGR of 10.9%.

Distributed Generation Market Overview:

Distributed Generation is also known as an embedded or local generation. It is referred to as electricity generated from sources, often renewable energy sources, at the point of use rather than centralized generation sources from power plants. Distributed Generation technologies help in the delivery of power to off-the-grid remote infrastructure and facilities, as well as electric vehicles, and support the spread of renewable energy resources. Traditional power generation has several concerns, such as low efficiency, pollution issues, the requirement for costly transmission infrastructure, and high capital expenses for the utility. A Distributed Generation system close to the consumer eliminates these limitations, improves power quality and dependability, increases generation efficiencies, and gives the customer a choice of generation technologies. Distributed Generation Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Global Distributed Generation Market Dynamics:

Liberalization and deregulation of energy markets, along with the accelerated restructuring of electric power utilities, are primarily driving the trend towards distributed generation market across the globe. Commercial factors such as easier land acquisition, faster construction of modular distributed power generation modules, and lower transmission costs are boosting the trend in the global market. In addition, the rising energy consumption and rising costs of grid networks are expected to boost the distributed generation market growth during the forecast period. The Distributed Generation market is showing continuous northward direction growth, thanks to the wide range of benefits including, the system improved reliability outcomes, reduced electricity price, reduce the cost of power system augmentation, aid to reduce supply cost faced by a consumer, and helps to reduce overall emission intensity of the NEM, by displacing other more emissions-intensive generation. On-site generation saves roughly 30% of the cost of delivered electricity on transmission and distribution. Furthermore, On-site fossil fuel power generation provides waste heat that can be utilized by the customer. In addition, distributed generation may be better positioned to exploit low-cost fuels like landfill gas. Distributed Generation Market Share of Distributed Generation in the total power generation: The majority of electricity in the United States is generated by centralized sources includes coal, natural gas, nuclear, and huge hydropower, which carry large amounts of energy across long distances. Inefficiencies in the transmission process lose 6% of generated electricity in the United States, as to the long distances the power must travel. Building new transmission lines or improving existing ones can be costly and time-consuming, as challenges with siting and delays. The Distributed Generation avoids these efficiency losses by deploying smaller power systems where they are needed. These initiatives are expected to drive the distributed generation market growth during the forecast period. Favorable government policies and regulations, such as net metering, are expected to boost the number of distributed generation installations in residential regions, such as underdeveloped and rural areas. The market is also benefiting from the increased success of R&D activities, demonstration projects, and field trials, which are lowering the cost of distributed energy technologies and, as a result, accelerating their adoption. Distribution of Energy Generation Capacity in North America by End-User (in 2020): Distributed Generation Market

Global Distributed Generation Market Segment Analysis:

Based on the Technology, the Distributed Generation Market is segmented into Solar PV, Wind, Reciprocating Engines, Microturbines, Fuel Cells, and Gas Turbines. The Fuel Cell segment held the largest market share, accounting for xx% in 2020. The Fuel Cell converts fuels to electricity with high efficiency of 35%-60%, as compared to conventional technologies, which keeps greenhouse gas emissions to a minimum. The noxious pollutants are minimal as there is no combustion. Fuel cells have a high degree of reliability, thus they are used to supplement or replace grid-based electricity. The Gas Turbines segment is expected to witness significant growth at a CAGR of xx% during the forecast period. Gas turbines of all sizes, which were created for jet engines, are now widely used in the power industry. In CHP applications, small industrial gas turbines ranging from 1 to 20 MW are often used. The cost of maintenance is slightly cheaper than that of reciprocating engines, but the electrical conversion efficiency is also lower. The Microturbines turbine can spin at 120 000 rpm, while the generator can spin at 40000 rpm. Individual units range in power from 30-200 kW, however, they are easily coupled into multi-unit systems. Low combustion temperatures result in extremely low NOx emissions. Distributed Generation Market Based on the End-User, the Distributed Generation Market is segmented into Industrial, Commercial, and Residential. The commercial segment held the largest market share, accounting for xx% in 2020. The segment growth is attributed to an increased number of roof-top solar installations, which are self-sufficient and cost-saving implementations. Furthermore, governments all over the world are pursuing laws to boost the use of renewable technology in these applications as they offer high efficiency, energy security, pollution reduction, and resiliency than traditional electricity production methods. Distributed Generation Market

Global Distributed Generation Market Regional Insights:

Asia Pacific region held the largest market share accounted for 36 % in 2020. The rising energy demand from the industrial, commercial and residential sectors has resulted in the strong expansion of distributed generation systems in the region. The region’s growth is attributed to favorable government policies, incentives such as tax credits, and a focus on renewable energy. China is the largest producer of solar energy and biogas energy, followed by Japan and India. China's National Development and Reform Commission (NDRC), Ministry of Finance, and National Energy Board stated on May 31, 2018, stopping all subsidies for utility-scale solar projects in favor of competitive bidding, lowering feed-in rates. This decision is expected to reduce demand in China's solar market by around 40%. In 2018, 44.26 GW of solar PV capacity was installed, with 20.9 GW going to distributed generation and the remaining 23.3 GW going to utility-scale PV power installations. North America region is expected to witness significant growth at a CAGR of xx% during the forecast period. The federal tax reform in the United States provides an incentive to increase electrical system energy efficiency to reduce overall electricity demand and carbon emissions, which are driving the market growth for this region. The wind turbine has the highest market share in U.S., while, solar PV is the fastest-growing segment thanks to its declining costs and extensive geographic distribution products under the solar lease. The objective of the report is to present a comprehensive analysis of the Distributed Generation Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Distributed Generation Market dynamic, structure by analyzing the market segments and projecting the Distributed Generation Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Distributed Generation Market make the report investor’s guide.

Global Distributed Generation Market Scope: Inquire before buying

Global Distributed Generation Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 142.3 Bn.
Forecast Period 2021 to 2027 CAGR: 6.3% Market Size in 2027: US $ 218.2 Bn.
Segments Covered: by End-User • Solar PV • Wind • Reciprocating Engines • Microturbines • Fuel Cell • Gas Turbines
by End-User • Industrial • Commercial • Residential
by Application • On-Grid • Off-Grid

Global Distributed Generation Market by Region

• North America • Europe • Asia Pacific • South America • The Middle East and Africa

Global Distributed Generation Market Key Players

Siemens • Schneider Electric • General Electric • Mitsubishi Heavy Industries • Capstone • Caterpillar • Ansaldo Energia • Fuelcell Energy • Cummins • Bloom Energy • Bergey • Doosan Fuel Cell America • Vestas Wind Systems A/S • Rolls-Royce Power Systems AG • Toyota Turbine and Systems Inc. Frequently Asked Questions: 1] What segments are covered in the Distributed Generation Market report? Ans. The segments covered in the Distributed Generation Market report are based on Technology, End-User, and Application. 2] Which region is expected to hold the highest share in the Distributed Generation Market? Ans. The Asia Pacific region is expected to hold the highest share in the Distributed Generation Market. 3] What is the market size of the Distributed Generation Market by 2027? Ans. The market size of the Distributed Generation Market by 2027 is US $ 409.11 Bn. 4] What is the forecast period for the Distributed Generation Market? Ans. The Forecast period for the Distributed Generation Market is 2020-2027. 5] What was the market size of the Distributed Generation Market in 2020? Ans. The market size of the Distributed Generation Market in 2020 was US $ 198.3 Bn.
1. Global Distributed Generation Market Size: Research Methodology 2. Global Distributed Generation Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Distributed Generation Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Distributed Generation Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Distributed Generation Market Size Segmentation 4.1. Global Distributed Generation Market Size, by Technology (2020-2027) • Solar PV • Wind • Reciprocating Engines • Microturbines • Fuel Cell • Gas Turbines 4.2. Global Distributed Generation Market Size, by End-User (2020-2027) • Industrial • Commercial • Residential 4.3. Global Distributed Generation Market Size, by Application (2020-2027) • On-Grid • Off-Grid 5. North America Distributed Generation Market (2020-2027) 5.1. Global Distributed Generation Market Size, by Technology (2020-2027) • Solar PV • Wind • Reciprocating Engines • Microturbines • Fuel Cell • Gas Turbines 5.2. Global Distributed Generation Market Size, by End-User(2020-2027) • Industrial • Commercial • Residential 5.3. Global Distributed Generation Market Size, by Application (2020-2027) • On-Grid • Off-Grid 5.4. North America Distributed Generation Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Distributed Generation Market (2020-2027) 6.1. European Distributed Generation Market, by Technology (2020-2027) 6.2. European Distributed Generation Market, by End-User (2020-2027) 6.3. European Distributed Generation Market, by Application (2020-2027) 6.4. European Distributed Generation Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Distributed Generation Market (2020-2027) 7.1. Asia Pacific Distributed Generation Market, by Technology (2020-2027) 7.2. Asia Pacific Distributed Generation Market, by End-User (2020-2027) 7.3. Asia Pacific Distributed Generation Market, by Application (2020-2027) 7.4. Asia Pacific Distributed Generation Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Distributed Generation Market (2020-2027) 8.1. The Middle East and Africa Distributed Generation Market, by Technology (2020-2027) 8.2. The Middle East and Africa Distributed Generation Market, by End-User (2020-2027) 8.3. The Middle East and Africa Distributed Generation Market, by Application (2020-2027) 8.4. The Middle East and Africa Distributed Generation Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Distributed Generation Market (2020-2027) 9.1. Latin America Distributed Generation Market, by Technology (2020-2027) 9.2. Latin America Distributed Generation Market, by End-User (2020-2027) 9.3. Latin America Distributed Generation Market, by Application (2020-2027) 9.4. Latin America Distributed Generation Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Siemens 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Schneider Electric 10.3. General Electric 10.4. Mitsubishi Heavy Industries 10.5. Capstone 10.6. Caterpillar 10.7. Ansaldo Energia 10.8. Fuelcell Energy 10.9. Cummins 10.10. Bloom Energy 10.11. Bergey 10.12. Doosan Fuel Cell America 10.13. Vestas Wind Systems A/S 10.14. Rolls-Royce Power Systems AG 10.15. Toyota Turbine and Systems Inc.

About This Report

Report ID 1141
Category Energy & Power
Published Date oct 2019
Updated Date Nov 2021
Contact Us