The anticipated size of the worldwide distributed generation market in 2021 was US$ 263.35 billion. By 2030, this market is projected to have grown to US$ 703 billion, with a CAGR of 11.5% between 2021 and 2030. The sector is anticipated to rise as a result of rising infrastructure development investments and escalating government efforts.

Large central producing stations produce most of the electricity used in OECD nations, which is then transmitted via high-voltage lines to regional distribution networks that in turn deliver it to end users. Different are distributed generation facilities. They can supply electricity directly to the customer or to the local distribution network. They can generate electricity on the premises of an electrical consumer or at the local distribution substation. Technologies for distributed generation include motors, mini-turbines, fuel cells, and photovoltaic systems.

The global distributed generation market size was estimated at US$ 263.35 billion in 2021 and is expected to reach over US$ 703 billion by 2030, poised to grow at a notable CAGR of 11.5% from 2021 to 2030. Increasing investment in the infrastructure development along with surging government initiatives is expected to drive the growth of the industry. The growing benefits of renewable energy along with growing penetration towards reducing the carbon emission is adding to the development of the market. Moreover, the government is enhancing the spending on research and development in to advance the technology which is further expected to propel the growth of the industry. Because of the advantages of renewable technology, such as energy security, resiliency, and carbon reductions, several states and municipal governments are developing policies to encourage increased deployment of renewable technologies. Increased R&D efforts for the creation of new technologies are also anticipated to fuel market expansion. DEG systems are also less expensive than conventional power generation methods. As a result, the demand for a clean source of energy and the affordability of the products are anticipated to positively influence market expansion over the course of the anticipated timeframe. These are a few of the worldwide market trends for distributed energy generating.

Increasing investment in distributed energy generation is one of the key factor adding to the growth of the industry. Rising demand for clean energy along with increasing transition from conventional to renewable energy source is expected to propel the market growth. Moreover, low cost associated with Distributed generation market as compared to traditional system is anticipated to create lucrative opportunities during the upcoming years.


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Asia Pacific dominated the overall market

In 2020, Asia Pacific held a market share of more than 45%, dominating the global market for distributed generation. This market growth is attributed to the rising investments in industrialization and urbanization, surging investments in infrastructure development, and increasing government programs to promote the deployment of renewable, green, and clean energy sources. Also, as industrialization progresses, there is an increased need for reliable, efficient power supply, which is boosting the distributed generation market in Asia Pacific. Growing population along with rapid industrialization in various countries such as India, China and Japan are expanding the market growth. Moreover, China being the world's second largest economy accounting 24% of the global energy demand.

North America is anticipated to gain prominent growth during the upcoming years on account of enormous energy demand in the region. Surging demand for solar energy across various verticals is also propelling the development of the industry. Europe region is also experiencing significant demand. The growth of the nations like Germany and Italy is attributed to the growing focus of the government regarding the utilization of renewable energy. Strict regulations imposed by the government of the region regarding the commercial and industrial usage of energy is one of the major factors propelling the market demand.

Commercial and Industrial segment accounted the significant growth

Commercial and Industrial segment are expected to gain prominent growth during the forecast period on account of low installation cost. Moreover, increasing efforts of the government to adopt renewable technology in this sector will likely propel the market growth. Growing adoption of photovoltaic units in the power sector is also one of the key factors adding to the development of the industry.

COVID-19 declined the market growth

• On March 11, 2020, the World Health Organization declared COVID-19 a public health emergency due to its global proliferation to nearly 213 countries.


• The COVID-19 difficulties are affecting a number of significant economies, including China, Germany, France, Italy, Spain, the UK, and Norway.


• Due to the suspension of numerous industries, particularly the transport and supply chain of DEG items, the economy has suffered in several nations. Due to the lockout, there has been no development, which has hampered demand for the product.


• Due to the COVID 19 pandemic, the government is reducing back on its distributed energy generation subsidiaries.


• During the COVID-19 pandemic, it is anticipated that the industry's expansion will be hampered by the demand-supply mismatch, problems obtaining raw materials, and price instability.


• The epidemic has had a detrimental effect on the manufacturing and industrial sectors due to a lack of resources in various parts of the world. The leading companies in the sector are reevaluating their strategy to tackle the challenge since they are worried about the market's prospects.

Market share insights

Leading market companies are investing a lot of money in R&D to expand their product offerings, which will spur further market growth for distributed generation. With significant industry changes like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking a variety of strategic activities to expand their global presence. To grow and survive in a more cutthroat and competitive market climate, Distributed Generation competitors must provide affordable products.

The top market players are spending a lot of money on R&D to diversify their product offerings, which will propel Distributed Generation's market share even higher. Market participants are engaging in a variety of strategic initiatives to strengthen their presence alongside important market developments such new product releases, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other companies. Competitors in the Distributed Generation sector must provide reasonably priced products if they want to grow and prosper in a market environment that is becoming more competitive and expanding.

One of the primary business strategies used by manufacturers in the Distributed Generation sector to help consumers and grow the market sector is local manufacturing to reduce operational costs. Some of the most significant advantages recently granted to medicine by the distributed generation industry. By supporting R&D initiatives, major players in the hair care product market, such as General Electric Company, Ansaldo Energia, Bloom Energy, Schneider Electric SE, Caterpillar Inc., Siemens AG, Mitsubishi Heavy Industries Ltd, Fuel Cell Energy Inc, Cummins Inc, Bergey Windpower, and others, are hoping to boost market demand.

The corporate headquarters of the international company General Electric (GE) are in Boston, Massachusetts. The corporation works in a number of sectors, including oil and gas, aviation, power, renewable energy, healthcare, and transportation. One of the oldest firms featured on the Dow Jones Industrial Average, GE was formed in 1892 by Thomas Edison. The company offers a wide range of goods and services, including as wind turbines, power generation equipment, aviation engines, and medical imaging equipment. One of the most valuable brands in the world, GE has operations in more than 180 nations.

Some of the prominent players in the global distributed generation market include:

• 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.


• Capstone Turbine Corporation

Segments Covered in the Report

By Technology

• Fuel Cells


• Micro-Turbines


• Wind Turbines


• Combustion Turbines


• Micro-hydropower


• Reciprocating Engines


• Solar PV


• Others

By End User

• Commercial


• Industrial


• Residential

By Application

• On-Grid


• Off-Grid

By Geography

• North America
  
  • U.S.
  
  
  • Canada


• Europe
  
  • U.K.
  
  
  • Germany
  
  
  • France


• Asia Pacific
  
  • China
  
  
  • India
  
  
  • Japan
  
  
  • South Korea


• Latin America
  
  • Brazil
  
  
  • Rest of Latin America


• Middle East & Africa (MEA)
  
  • GCC
  
  
  • North Africa
  
  
  • South Africa
  
  
  • Rest of Middle East & Africa

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