Distributed Generation Market 2019 Global Size, Growth Trends, And Regional Outlook to 2023 is latest report published by Market Research Future. Global Distributed Generation Market is to grow at healthy 10.21% CAGR by 2023. Global Distributed Generation Market by Technology (Geothermal, Solar, Wind, Biogas, Fuel Cells, and Others), Application (On-Grid and On-Grid), End-Use and Region with Forecast To 2023.
Distributed Generation Key Players Analyzed in Report:
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).
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Distributed Generation Market Highlights:
Market Research Future published research report on global distributed generation market. The distributed generation market is expected to expand at 10.21% CAGR during the period 2019 to 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.
Distributed generation is mostly run on renewable sources of energy, which reduces the dependency on conventional sources of energy for generating electrical power. Distributed generation system also supports the grid during peak hours. Additionally, the resources are mostly located close to the load area, reducing losses during transmission. Wind energy is a major segment in this market and is estimated to grow at a phenomenal rate during the forecast period.
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 offshore wind farms are now installing distributed generation to supply power. 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.
Global Distributed Generation Market Segments:
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.
Global Distributed Generation Market Regional Overview:
Europe accounts for the largest market share whereas Asia-Pacific is the fastest growing region.
Region wise, Europe held the largest market share of the global distributed generation market in 2017. It is estimated that Europe region will continue to dominate the market during the forecast period, mainly due to the rising demand for renewable sources of energy. The region has more than 100 geothermal plants producing about 15 TWh of electrical power in 2016. North America is the second largest market, with distributed generation system amounting to about a sixth of the total energy used in the US. It has been estimated that Asia-Pacific region will grow at the highest rate during the forecast period.
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 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
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
5 Global Distributed Generation Market, By Technology
5.1 Introduction
5.2 Geothermal
5.2.1 Market Estimates & Forecast, 2018-2023
5.2.2 Market Estimates & Forecast By Region, 2018-2023
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
Table 8 Europe Distributed Generation Market By Technology: By Country, 2018-2023
Table 9 Asia-Pacific Distributed Generation Market By Technology: By Country, 2018-2023
Table 10 RoW 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)
FIGURE 10 GLOBAL DISTRIBUTED GENERATION MARKETSHARE, BY APPLICATION TYPE, 2016 (%)
Continued…
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