Press Release

Distributed Generation Market worth 14.6% CAGR by 2026

May, 2021

" COVID-19 Impact on Distributed Generation market, size, share, growth, industry analysis, and forecast 2020-2026 "

Distributed generation includes many technologies that generate electricity at or near where it will be utilized, including solar panels and combined heat & power. Distributed generation may distribute a single structure, such as a home or business, or a microgrid unit, such as a central industrial facility or a military base.

Few factors exhibiting major growth in the distributed generation market include growing research and development initiatives to develop the latest technologies and the rising electricity consumption to augment the growth. Policies and incentives by the governments, such as feed-in-tariff in North America and the Asia Pacific, are expected to escalate the demand for distributed generation systems. Moreover, with the development and up-gradation of centralized grids, the electricity requirement in remote locations can be fulfilled by generating electricity from grids.

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Furthermore, the adoption of distributed power generation in the less-electrified locations in the African region is predicted to act as an opportunity for the distributed generation market. Also, the application of distributed generation in hybrid energy systems is likely to generate opportunities for market growth.

The Distributed Generation Market research report titled “Distributed Generation Market based on Technology, Application and Geography – Global Forecast up to 2026.

The top-notch companies operating in the market are Vestas Wind Systems A/S, Rolls-Royce plc, Doosan Heavy Industries & Construction, Capstone Turbine Corp., and Suzlon Energy Ltd.

Asia Pacific region is considered the most significant contributor in the market. There is a constant rise in energy consumption, majorly by the industrial and commercial sectors, responsible for the highest demand for distributed generation. The highest demand from the IT and telecommunication sectors is also boosting the market in the region.

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The report consists of 78 Tables and 46 charts depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.

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

Mr. Karthick Subramani

Infoholic Research LLP

Marketing & Communication