Distributed Generation Market 2019 Global Industry Size, Growth Insight, Trends, Share, Leading Players, Competitive Analysis, And Regional Forecast To 2023

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Distributed Generation Market To Grow At 10.21% CAGR By 2023, according to latest report on Global Distributed Generation Market 2019 Industry Size, Trends, Share Analysis With Regional Forecast To 2023, published by “Market Research Future”.

Global Distributed Generation Market is segmented by Technology (Geothermal, Solar, Wind, Biogas, Fuel Cells, and Others), Application (On-Grid and On-Grid), End-Use and Regions (North America, Europe, Asia-Pacific).

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Distributed Generation Industry Leading Players Analyzed are:

MRFR profiled some and they are Ansaldo ENergia (Italy), General Electric Company (US), Schneider Electric SE (France), Bloom Energy (US), Siemens AG (Germany), Caterpillar Inc. (US), Fuel Cell Energy Inc (US), Mitsubishi Heavy Industries, Ltd (Japan), Cummins Inc (US), and Bergey Windpower (US).

Global Distributed Generation Market Highlights:

Global Distributed Generation Market growth is attributed to factors such as major driver for the distributed generation market, solar panel can be considered. In the renewable energy sector, solar panels are making a mark owing to their easy-to-use features and low installation cost. At the same time, wind energy is getting significant traction. Several off-shore wind farms are now installing distributed generation to supply power.

The global distributed generation market is expected to reach a 10.21% CAGR during the review period (2018-2023). Distributed generation is used mainly to generate electrical power and finds widespread application in cases with renewable energy. The system is fast gaining traction owing to its ability in curbing the loss of electricity during transmission. Its ability to support grid at peak hour is also quite remarkable.

In many countries, the fast shift from the conventional sources to renewable sources is expected to substantially aggravate the market growth. At the same time, other eco-friendly measures such as reduced emission and energy security are factors that can squarely impact the market. Due to multiple benefits, governments are now creating opportunity for integration of such a technology. 

Market Segments Analysis:

MRFR’s analysis of the distributed generation market reveals a segmentation by technology type, application type, and end-use type. This segmentation enables a much closer look into the market to reveal possible outcomes in the coming years.

Based on the technology type, the distributed generation market consists geothermal, solar, wind, biogas, fuel cells, small hydro, and others. The solar segment is at the helm of the market owing to its cost-affordability. The wind segment is receiving substantial growth as well.

Based on the application type, the distributed generation market includes standalone off-grid systems, battery based on-grid systems, and battery less on-grid systems. The on-grid segment is spearheading the market due to its cost-effectivity and simple operational procedure.

Based on the end-use type, the distributed generation market can be segmented into residential, commercial, and industrial. The commercial segment is benefiting the most.

Regional Analysis:

Geographic analysis of the distributed generation market includes North America, Europe, Asia Pacific (APAC), and Latin America. MRFR’s analysis includes these regions for a better understanding of growth pockets.

The global market, at present, is getting dominated by Europe as they fetch in the maximum market share. The region would dominate the global market in the coming years as well. The rise depends mostly on the integration of the renewable source of energy. In Europe, laws are getting stricter regarding fossil fuel and a major shift can be witnessed towards renewable energy resulting in over 100 geothermal plants. In 2016, they had a combined potential of generating 15 TwH power.

North America is following the steps of Europe in installing renewable energy plants. The region is also focusing on eco-friendly measures. In the U.S., the distributed generation accounts for almost 1/6th of the regional power supply.

The APAC market is expected rise with the fastest CAGR during the forecast period. The region has started installing renewable energy sources which would increase the use of distributed generation.

Industry News:

In 2019, the Australian Renewable Energy Agency (ARENA) announced that they are launching two innovative distributed generation projects. The project would see USD 2.46 million funding from ARENA and the trial would run for 12months to 18 months. In it, ARENA will partner with the Australian Energy Market Operator (AEMO). ARENA has also funded USD10 million to Melbourne-based energy tech company GreenSync to help in accelerating their distributed generation plans.

Table Of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continued…

List Of Tables:

Table 1 Global Distributed Generation Market: By Region, 2018-2023

Table 2 North America Distributed Generation Market: By Country, 2018-2023

Table 3 Europe Distributed Generation Market: By Country, 2018-2023

Table 4 Asia-Pacific Distributed Generation Market: By Country, 2018-2023

Table 5 RoW Distributed Generation Market: By Country, 2018-2023

Table 6 Global Distributed Generation Market By Technology: By Regions, 2018-2023

Table 7 North America Distributed Generation Market By Technology: By Country, 2018-2023

Continued…

List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL DISTRIBUTED GENERATION MARKET SHARE, BY TECHNOLOGY TYPE, 2016 (%)

FIGURE 9 GLOBAL DISTRIBUTED GENERATION MARKET, TECHNOLOGY TYPE, 2018-2023 (USD MILLION)

Continued…

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