Distributed Generation Market was valued at USD 232.8 Billion in 2020 and is projected to reach USD 671.9 Billion by 2028, growing at a CAGR of 14.17% from 2021 to 2028.
Increased global demand for electricity, decreasing costs of solar technology, and rising efforts to reduce global greenhouse gas emissions are some of the factors that have supported long-term expansion for Distributed Generation industry.
Distributed Generation Market is segmented into technology, application, end-user, and geography.
The technology segment is segmented into Solar PV, Wind, Reciprocating Engines, Fuel Cells, Microturbines, and Gas Turbines.
The application segment is segmented into on-grid and off-grid.
The end-user segment is segmented into industrial, commercial, and residential.
Geographically, Distributed Generation Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa, and South America and insights are provided for each region and major countries within the regions
Key players in Distributed Generation Market are Siemens, General Electric, Mitsubishi, Schneider, Caterpillar Power Plants, Doosan Fuel Cell America, Vestas Wind Systems A/S, Rolls-Royce Power Systems AG, Toyota Turbine and Systems Inc., and Capstone Turbine Corporation.
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 232 billion |
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Growth Rate |
CAGR of 14.17% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
technology, application, end-user, and geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and the Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Siemens, General Electric, Mitsubishi, Schneider, Caterpillar Power Plants, Doosan Fuel Cell America, Vestas Wind Systems A/S, Rolls-Royce Power Systems AG, Toyota Turbine and Systems Inc., and Capstone Turbine Corporation |
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Available Customization |
In addition to the market data for Distributed Generation Market, Delvens. offers client-centric reports and customized according to the company’s specific demand and requirement. |
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