The global market for Distributed Generation (DG) is estimated at US$277.0 Billion in 2023 and is projected to reach US$633.2 Billion by 2030, growing at a CAGR of 12.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Global Distributed Generation market is driven by several factors. The increasing demand for clean and sustainable energy solutions is a major driver, as both consumers and businesses seek to reduce their carbon footprint and energy costs. Technological advancements in renewable energy sources, particularly solar and wind, have made DG more affordable and efficient, prompting wider adoption. The rising prevalence of energy storage solutions, such as batteries, supports the integration of intermittent renewable sources by ensuring a stable energy supply. Additionally, the push for energy independence and resilience against grid disruptions, especially in regions prone to natural disasters or with unstable grids, drives the demand for distributed generation. Urbanization and the need for reliable power in expanding metropolitan areas also contribute to the market`s growth. Furthermore, regulatory support and financial incentives from governments worldwide play a significant role in accelerating the adoption of DG technologies, making it a pivotal component in the transition towards a more sustainable and resilient energy infrastructure.
The growth in the Global Distributed Generation market is driven by several factors. The increasing demand for clean and sustainable energy solutions is a major driver, as both consumers and businesses seek to reduce their carbon footprint and energy costs. Technological advancements in renewable energy sources, particularly solar and wind, have made DG more affordable and efficient, prompting wider adoption. The rising prevalence of energy storage solutions, such as batteries, supports the integration of intermittent renewable sources by ensuring a stable energy supply. Additionally, the push for energy independence and resilience against grid disruptions, especially in regions prone to natural disasters or with unstable grids, drives the demand for distributed generation. Urbanization and the need for reliable power in expanding metropolitan areas also contribute to the market`s growth. Furthermore, regulatory support and financial incentives from governments worldwide play a significant role in accelerating the adoption of DG technologies, making it a pivotal component in the transition towards a more sustainable and resilient energy infrastructure.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the On-Grid Application segment, which is expected to reach US$391.3 Billion by 2030 with a CAGR of a 13.5%. The Off-Grid Application segment is also set to grow at 11.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $41.6 Billion in 2023, and China, forecasted to grow at an impressive 17.0% CAGR to reach $178.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Distributed Generation (DG) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Distributed Generation (DG) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Distributed Generation (DG) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Capstone Green Energy Corporation, Caterpillar, Inc., Cummins, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 52 Featured):
- Capstone Green Energy Corporation
- Caterpillar, Inc.
- Cummins, Inc.
- Doosan Heavy Industries & Construction Co., Ltd.
- E.ON SE
- Ballard Power Systems, Inc.
- Ansaldo Energia SpA
- Ameresco, Inc.
- Bloom Energy Corporation
- ENERCON GmbH
- Convion Ltd.
- Doosan Fuel Cell America, Inc.
- EDF Renewable Energy
- Caterpillar Inc.
- Emergya Wind Technologies B.V.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Capstone Green Energy Corporation
- Caterpillar, Inc.
- Cummins, Inc.
- Doosan Heavy Industries & Construction Co., Ltd.
- E.ON SE
- Ballard Power Systems, Inc.
- Ansaldo Energia SpA
- Ameresco, Inc.
- Bloom Energy Corporation
- ENERCON GmbH
- Convion Ltd.
- Doosan Fuel Cell America, Inc.
- EDF Renewable Energy
- Caterpillar Inc.
- Emergya Wind Technologies B.V.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 548 |
| Published | December 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 277 Billion |
| Forecasted Market Value ( USD | $ 633.2 Billion |
| Compound Annual Growth Rate | 12.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
