Distributed Generation Market on the basis of Technology (Combined Heat and Power (CHP), Reciprocating Engines, Fuel Cells, Solar PV Cells, Gas & Steam Turbines, and Wind Turbines), Application (Residential, Commercial and Industrial) and Geography – Global Forecast up to 2026

  • May, 2021
  • Domain: ICT - Verticals - Power and energy
Pages: 62
Tables: 64
Charts: 91
Regions/Countries: 4/10
Companies: 10
Enquiry Hours: 10
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Distributed generation indicates small-scale energy generation units where electricity generation occurs with renewable resources such as wind, solar, and others to provide electricity in the power breakdown. The distributed generation market starts with producing primary elements of distributed power technologies, including engines, turbines, solar panels, combustion chambers, and catalyst layers, which are further distributed to several end users. The market is significantly fostered by the rising inclination towards renewable distributed power generation, specifically distributed solar PV installation, due to the diminishing renewable generation of power and system costs and the favorable government policies worldwide. Additionally, the increasing investments in the installation of smart grids in various countries, including the United States, India, and Japan, are expected to escalate the demand for distributed generation of energy. However, the huge initial costs incurred in the equipment are restricting the market growth. The Distributed Generation Market is anticipated to grow at the rate of 14.6% CAGR by 2026. 

Research Methodology:

The distributed generation market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Distributed Generation Market

Distributed Generation Market based on Technology

  • Combined Heat and Power (CHP)
  • Reciprocating Engines
  • Fuel Cells
  • Solar PV Cells
  • Gas & Steam Turbines
  • Wind Turbines

Distributed Generation Market based on Application

  • Residential
  • Commercial
  • Industrial

Distributed Generation Market based on Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

The distributed generation market by technology is segregated into Combined Heat and Power (CHP), Reciprocating Engines, Fuel Cells, Solar PV Cells, Gas & Steam Turbines, and Wind Turbines. Among which the solar PV cells segment is holding the maximum share of the market. In this technology, the PV modules made from semiconductor materials are exposed to solar beams, subsequently producing an electrical current. The biggest share of the segment is due to the cost reduction in the equipment and various government initiatives in installing solar PV cells. Moreover, the greenhouse gas emission regulations are projected to majorly boost the adoption of solar PV cell technology for energy generation over the forecasted period.

According to the distributed generation application, the market is divided into residential, commercial, and industrial. The distributed generation is significantly applicable in the commercial sector. This is due to the rising number of commercial spaces such as hospitals, shopping complexes, airports, and office buildings. Since these commercial spaces cannot sustain the loss of power due to flaws in transmission and distribution networks, the commercial spaces are witnessing major growth in the adoption of distributed power generation. Further, the usage of distributed generation also facilitates minimizing transmission and distribution losses.

The regional market of distributed generation is divided into North America, Europe, Asia Pacific, and the rest of the world. The Asia Pacific region is the major contributor to market growth. This is due to the growing population and the rapid urbanization in countries, which is the major aspect of market growth. Particularly in China, the product demand is primarily catered by the urban cities of the countries. Intensifying disposable income levels in the country are also projected to drive the market in this region.

Furthermore, the stringent government rules concerning global environment conservation and the rising trend towards clean energy will augment the global distributed generation market. The continuous technological developments across the sustainable energy industry and the advanced photovoltaic modules, wind turbines, and energy storage systems will positively impact the market growth dynamics. 

The distributed generation market report is providing with a few notable companies of the market such as Vestas Wind Systems A/S, Rolls-Royce plc., Doosan Heavy Industries & Construction, Capstone Turbine Corp., Suzlon Energy Ltd., Caterpillar, Ballard Power Systems Inc., General Electric, Schneider Electric, Siemens, ENERCON GmbH and Sharp Corp.

As a result, the distributed generation has been considered cost-efficient technologies used to generate energy and has a wide scope in the future. It is reliable, efficient and, provides high flexibility, and pliable to the extreme changes in the economic environment.

  • This report defines, describes, and forecasts the market by technology, application, and geography.
  • This report offers complete details about the key factors influencing the growth of the market.
  • The report strategically analyzes the market in terms of individual growth trends, prospects, and the contribution of each segment to the market
  • This report tracks and analyzes the competitive developments in the market such as contracts & agreements, new product launches, expansions and investments, and partnerships and collaborations.
  1. Executive Summary
  2. Industry Outlook
    1. Industry Overview
    2. Industry Trends
  3. Market Snapshot
    1. Market Definition
    2. Market Outlook
      1. Porter Five Forces
    3. Related Markets
  4. Market characteristics
    1. Market Overview
    2. Market Segmentation
    3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
    4. DRO - Impact Analysis
  5. Technology: Market Size & Analysis
    1. Overview
    2. Combined Heat and Power (CHP)
    3. Reciprocating Engines
    4. Fuel Cells
    5. Solar PV Cells
    6. Gas & Steam Turbines
    7. Wind Turbines
  6. Application: Market Size & Analysis
    1. Overview
    2. Residential
    3. Commercial
    4. Industrial
  7. Geography: Market Size & Analysis
    1. Overview
    2. North America
    3. Europe
    4. Asia Pacific
    5. Rest of the World
  8. Competitive Landscape
    1. Competitor Comparison Analysis
    2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
  9. Vendor Profiles
    1. Vestas Wind Systems A/S
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    2. Rolls-Royce plc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    3. Doosan Heavy Industries & Construction
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    4. Capstone Turbine Corp.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    5. Suzlon Energy Ltd.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    6. Caterpillar
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    7. Ballard Power Systems Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    8. General Electric
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    9. Schneider Electric
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    10. Siemens
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
  10. Companies to Watch
    1. ENERCON GmbH
      1. Overview
      2. Products & Services
      3. Business Strategy
    2. Sharp Corp
      1. Overview
      2. Products & Services
      3. Business Strategy
  11. Analyst Opinion
  12. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
      1. Data Collation and In-house Estimation
      2. Market Triangulation
      3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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