Distributed Energy Generation Market Share Analysis Report, 2023-2032
The global distributed energy generation market size was exhibited at USD 292.99 billion in 2022 and is projected to hit around USD 1,338.92 billion by 2032, growing at a CAGR of 16.41% during the forecast period 2023 to 2032.
Key Pointers:
Distributed Energy Generation Market Report Scope
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Report Coverage |
Details |
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Market Size in 2023 |
USD 341.07 Billion |
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Market Size by 2032 |
USD 1,338.92 Billion |
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Growth Rate From 2023 to 2032 |
CAGR of 16.41% |
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Base Year |
2022 |
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Forecast Period |
2023 to 2032 |
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Segments Covered |
Technology, End Use |
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Market Analysis (Terms Used) |
Value (US$ Million/Billion) or (Volume/Units) |
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Regional Scope |
North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
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Key Companies Profiled |
Doosan Heavy Industries & Construction, Toyota Turbine and Systems Inc., Ballard Power Systems Inc., Mitsubishi Electric Corp., Suzlon Energy Ltd., Vestas Wind Systems A/S, Rolls-Royce Plc, Capstone Turbine Corp., Sharp Corp., General Electric and Others. |
Solar panels, wind turbines and combustion engines are examples of distributed generation technologies that generate electricity at or near the point of usage. Distributed generation can power a single structure, such as a home or company, or it can be part of a micro grid, such as at a big industrial complex, military base, or college campus. Distributed generating can help support the delivery of clean, reliable power to more consumers and reduce electricity losses along transmission and distribution lines when connected to the electric utility's lower voltage distribution lines.
Increase in government policies and greenhouse gas (GHG) emission reduction targets, drive the growth of the distributed energy generation market during the forecast period. Several states and municipal governments are advancing laws to encourage increased deployment of renewable technologies due to the benefits of renewable technology, such as energy security, resiliency, and carbon reductions. Furthermore, increase in R&D initiatives for the development of new technologies are also expected to propel the market growth. Moreover, DEG systems are less expensive than traditional power production techniques. As a result, the need for a clean source of energy, along with the products low cost, is expected to have a favorable impact on market growth throughout the forecasted period. These are some of the distributed energy generation market trends observed globally.
The distributed energy generation market is segmented on the basis of technology, end-use industry, and region. By technology, the market is classified into micro-turbines, combustion turbines, micro-hydropower, reciprocating engines, fuel cells, wind turbines, solar PV and others. By end-use industry, the market is classified into residential, commercial and industrial. On the basis of region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest share of the market, followed by LAMEA and Europe.
Some of the prominent players in the Distributed Energy Generation Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Distributed Energy Generation market.
By Technology
By End Use Industry
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Distributed Energy Generation Market
5.1. COVID-19 Landscape: Distributed Energy Generation Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Distributed Energy Generation Market, By Technology
8.1. Distributed Energy Generation Market, by Technology, 2023-2032
8.1.1. Micro-Turbines
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Combustion Turbines
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Micro-Hydropower
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Reciprocating Engines
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Fuel Cells
8.1.5.1. Market Revenue and Forecast (2020-2032)
8.1.6. Wind Turbines
8.1.6.1. Market Revenue and Forecast (2020-2032)
8.1.7. Solar PV
8.1.7.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Distributed Energy Generation Market, By End Use Industry
9.1. Distributed Energy Generation Market, by End Use Industry, 2023-2032
9.1.1. Residential
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Commercial
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Industrial
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Distributed Energy Generation Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Technology (2020-2032)
10.1.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Technology (2020-2032)
10.1.3.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Technology (2020-2032)
10.1.4.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Technology (2020-2032)
10.2.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Technology (2020-2032)
10.2.3.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Technology (2020-2032)
10.2.4.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Technology (2020-2032)
10.2.5.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Technology (2020-2032)
10.2.6.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Technology (2020-2032)
10.3.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Technology (2020-2032)
10.3.3.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Technology (2020-2032)
10.3.4.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Technology (2020-2032)
10.3.5.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Technology (2020-2032)
10.3.6.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Technology (2020-2032)
10.4.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Technology (2020-2032)
10.4.3.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Technology (2020-2032)
10.4.4.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Technology (2020-2032)
10.4.5.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Technology (2020-2032)
10.4.6.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Technology (2020-2032)
10.5.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Technology (2020-2032)
10.5.3.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Technology (2020-2032)
10.5.4.2. Market Revenue and Forecast, by End Use Industry (2020-2032)
Chapter 11. Company Profiles
11.1. Doosan Heavy Industries & Construction
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Toyota Turbine and Systems Inc.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Ballard Power Systems Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Mitsubishi Electric Corp.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Suzlon Energy Ltd.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Vestas Wind Systems A/S
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Rolls-Royce Plc
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Capstone Turbine Corp.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Sharp Corp.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. General Electric
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers