The Distributed Energy Generation Market size was valued at USD 311.22 billion in 2022 and is expected to grow to USD 743.47 billion by 2030 and grow at a CAGR of 11.5 % over the forecast period of 2023-2030.
Electrical generation and storage are carried out by a range of tiny, grid-connected, or distribution system-connected devices known as distributed energy resources (DER), also known as distributed generation, distributed energy, on-site generation (OSG), or district/decentralized energy.
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Traditional power facilities are centralized and frequently necessitate the transmission of electric energy across great distances, including coal-fired, gas-fired, and nuclear power plants, hydroelectric dams, and large-scale solar power plants.
Different municipal, state, and federal rules apply to distributed generating systems markets, and restrictions as opposed to centralized generation. The financial attractiveness of a distributed generating plant is impacted by the vast differences in rules and incentives from one region to another.
Two examples of distributed generation technologies that generate energy at or near the area where it will be used are solar panels and combined heat and power systems. A single building, such as a home or business, may be powered by distributed generation. It may also be a part of a microgrid, which is a network of two smaller grids connected to a larger energy delivery system.
KEY DRIVERS:
Rising environmental concerns
Growing solar panel installation
Increasing government policies and greenhouse gas
The market for distributed energy generation (DEG) is expanding due to more stringent government regulations and goals for reducing greenhouse gas (GHG) emissions. Additionally, the advantages of renewable technology, such as energy security, robustness, and carbon reductions, are in part to blame for global market expansion.
RESTRAIN:
Economic Conditions
Growing costs
OPPORTUNITY:
Advancements in solar generation
Demand for clean energy source
CHALLENGES:
Fastest growing in the form of renewable energy
Agriculture, industry, education, and residential sectors all use wind turbines. Wind turbines supply power to processing machinery, heating, lighting, and irrigation pivots in agricultural areas. Market expansion is anticipated to be constrained by difficult economic conditions and expanding financial limitations.
It is important to review Russia's importance in the global energy landscape, particularly in Europe, which is the region most reliant on Russian energy imports to grasp the current position. | will only be focusing on energy, but everyone should keep in mind that we also heavily rely on other Russian resources, such as copper, nickel, palladium, titanium, lithium, and rare earths, which are essential to many industries, including the energy sector, particularly for the batteries and renewable energy sources. This is in addition to our dependence on Russian cereals. Due to the fact that the decarbonization regulations imposed here and there are too recent to have an influence on the energy mix, the global energy consumption is still largely dependent on fossil fuels.
In Europe, fossil fuels account for around 70% of total energy consumption (22% gas and 43% oil), and electricity, which accounts for about 22% of total energy consumption, is also mostly produced using fossil fuels, primarily coal and gas. Petrol usage has increased in recent years as a result of perceptions that it is a cleaner energy source than coal and oil and is more popular with the public than alternative power sources like nuclear.
By Technology
Solar PV
Wind Turbine
Fuel Cell
Gas Turbine
Others
By Application
Industrial
Residential
Commercial
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North America is anticipated to contribute considerably. Governmental subsidies, solar installation rules, and growing environmental concerns are anticipated to have a substantial impact on the industry. The market for distributed power generation in North America has grown as a consequence of technical developments that have reduced the cost of producing solar panels and improved efficiency.
The majority of European product demand is accounted for by Germany and Italy. As more governments set goals for renewable energy and put more supportive policies in place, the regional market for solar PV and wind turbines is expected to expand dramatically. By 2030, GHG emissions must be cut by 40%, according to the European Commission.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Rolls-Royce stated that it will serve as the company's and the industry's employer brand in July 2021. It also stated that the MTU brand would be strengthened as the only available product and solution brand. On a product-by-product basis, the 'MTU Onsite Energy' trademark for distributed power supply systems will be phased out and incorporated into the MTU brand.
Schneider Electric will introduce the Energy Centre for Distributed-Energy-Enabled Homes in January 2021. The use of solar energy, batteries, electric car chargers, and whole-home energy management is spreading.
The Major Players are Siemens, Ansaldo Energia SpA, General Electric, Ballard Power Systems, Schneider Electric, Caterpillar, Vestas, NextEra Energy, Inc., Orsted A/S, Suzlon Energy Limited, and other players
| Report Attributes | Details |
| Market Size in 2022 | US$ 311.22 Bn |
| Market Size by 2030 | US$ 743.47 Bn |
| CAGR | CAGR of 11.5 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Technology (Solar PV, Wind Turbine, Fuel Cell, Gas Turbine, Others) • By Application (Industrial, Residential, Commercial) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Siemens, Ansaldo Energia SpA, General Electric, Ballard Power Systems, Schneider Electric, Caterpillar, Vestas, NextEra Energy, Inc., Orsted A/S, Suzlon Energy Limited |
| Key Drivers | • Rising environmental concerns • Growing solar panel installation • Increasing government policies and greenhouse gas |
| Market Restraints | • Economic Conditions • Growing costs |
Ans: Distributed Energy Generation Market is anticipated to expand by 11.5 % from 2023 to 2030.
Ans: USD 743.47 billion is expected to grow by 2030.
Ans: Distributed Energy Generation Market size was valued at USD 311.22 billion in 2022
Ans: North America is dominating the market.
Ans: Rising environmental concerns, growing solar panel installation, and Increasing government policies and greenhouse gas
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Distributed Energy Generation Market Segmentation, By Technology
8.1 Solar PV
8.2 Wind Turbine
8.3 Fuel Cell
8.4 Gas Turbine
8.5 Others
9. Distributed Energy Generation Market Segmentation, By Application
9.1 Industrial
9.2 Residential
9.3 Commercial
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Distributed Energy Generation Market by Country
10.2.2North America Distributed Energy Generation Market by Technology
10.2.3 North America Distributed Energy Generation Market by Application
10.2.4 USA
10.2.4.1 USA Distributed Energy Generation Market by Technology
10.2.4.2 USA Distributed Energy Generation Market by Application
10.2.5 Canada
10.2.5.1 Canada Distributed Energy Generation Market by Technology
10.2.5.2 Canada Distributed Energy Generation Market by Application
10.2.6 Mexico
10.2.6.1 Mexico Distributed Energy Generation Market by Technology
10.2.6.2 Mexico Distributed Energy Generation Market by Application
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Distributed Energy Generation Market by Country
10.3.1.2 Eastern Europe Distributed Energy Generation Market by Technology
10.3.1.3 Eastern Europe Distributed Energy Generation Market by Application
10.3.1.4 Poland
10.3.1.4.1 Poland Distributed Energy Generation Market by Technology
10.3.1.4.2 Poland Distributed Energy Generation Market by Application
10.3.1.5 Romania
10.3.1.5.1 Romania Distributed Energy Generation Market by Technology
10.3.1.5.2 Romania Distributed Energy Generation Market by Application
10.3.1.6 Hungary
10.3.1.6.1 Hungary Distributed Energy Generation Market by Technology
10.3.1.6.2 Hungary Distributed Energy Generation Market by Application
10.3.1.7 Turkey
10.3.1.7.1 Turkey Distributed Energy Generation Market by Technology
10.3.1.7.2 Turkey Distributed Energy Generation Market by Application
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Distributed Energy Generation Market by Technology
10.3.1.8.2 Rest of Eastern Europe Distributed Energy Generation Market by Application
10.3.2 Western Europe
10.3.2.1 Western Europe Distributed Energy Generation Market by Country
10.3.2.2 Western Europe Distributed Energy Generation Market by Technology
10.3.2.3 Western Europe Distributed Energy Generation Market by Application
10.3.2.4 Germany
10.3.2.4.1 Germany Distributed Energy Generation Market by Technology
10.3.2.4.2 Germany Distributed Energy Generation Market by Application
10.3.2.5 France
10.3.2.5.1 France Distributed Energy Generation Market by Technology
10.3.2.5.2 France Distributed Energy Generation Market by Application
10.3.2.6 UK
10.3.2.6.1 UK Distributed Energy Generation Market by Technology
10.3.2.6.2 UK Distributed Energy Generation Market by Application
10.3.2.7 Italy
10.3.2.7.1 Italy Distributed Energy Generation Market by Technology
10.3.2.7.2 Italy Distributed Energy Generation Market by Application
10.3.2.8 Spain
10.3.2.8.1 Spain Distributed Energy Generation Market by Technology
10.3.2.8.2 Spain Distributed Energy Generation Market by Application
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Distributed Energy Generation Market by Technology
10.3.2.9.2 Netherlands Distributed Energy Generation Market by Application
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Distributed Energy Generation Market by Technology
10.3.2.10.2 Switzerland Distributed Energy Generation Market by Application
10.3.2.11 Austria
10.3.2.11.1 Austria Distributed Energy Generation Market by Technology
10.3.2.11.2 Austria Distributed Energy Generation Market by Application
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Distributed Energy Generation Market by Technology
10.3.2.12.2 Rest of Western Europe Distributed Energy Generation Market by Application
10.4 Asia-Pacific
10.4.1 Asia Pacific Distributed Energy Generation Market by Country
10.4.2 Asia Pacific Distributed Energy Generation Market by Technology
10.4.3 Asia Pacific Distributed Energy Generation Market by Application
10.4.4 China
10.4.4.1 China Distributed Energy Generation Market by Technology
10.4.4.2 China Distributed Energy Generation Market by Application
10.4.5 India
10.4.5.1 India Distributed Energy Generation Market by Technology
10.4.5.2 India Distributed Energy Generation Market by Application
10.4.6 Japan
10.4.6.1 Japan Distributed Energy Generation Market by Technology
10.4.6.2 Japan Distributed Energy Generation Market by Application
10.4.7 South Korea
10.4.7.1 South Korea Distributed Energy Generation Market by Technology
10.4.7.2 South Korea Distributed Energy Generation Market by Application
10.4.8 Vietnam
10.4.8.1 Vietnam Distributed Energy Generation Market by Technology
10.4.8.2 Vietnam Distributed Energy Generation Market by Application
10.4.9 Singapore
10.4.9.1 Singapore Distributed Energy Generation Market by Technology
10.4.9.2 Singapore Distributed Energy Generation Market by Application
10.4.10 Australia
10.4.10.1 Australia Distributed Energy Generation Market by Technology
10.4.10.2 Australia Distributed Energy Generation Market by Application
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Distributed Energy Generation Market by Technology
10.4.11.2 Rest of Asia-Pacific APAC Distributed Energy Generation Market by Application
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Distributed Energy Generation Market by Country
10.5.1.2 Middle East Distributed Energy Generation Market by Technology
10.5.1.3 Middle East Distributed Energy Generation Market by Application
10.5.1.4 UAE
10.5.1.4.1 UAE Distributed Energy Generation Market by Technology
10.5.1.4.2 UAE Distributed Energy Generation Market by Application
10.5.1.5 Egypt
10.5.1.5.1 Egypt Distributed Energy Generation Market by Technology
10.5.1.5.2 Egypt Distributed Energy Generation Market by Application
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Distributed Energy Generation Market by Technology
10.5.1.6.2 Saudi Arabia Distributed Energy Generation Market by Application
10.5.1.7 Qatar
10.5.1.7.1 Qatar Distributed Energy Generation Market by Technology
10.5.1.7.2 Qatar Distributed Energy Generation Market by Application
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Distributed Energy Generation Market by Technology
10.5.1.8.2 Rest of Middle East Distributed Energy Generation Market by Application
10.5.2 Africa
10.5.2.1 Africa Distributed Energy Generation Market by Country
10.5.2.2 Africa Distributed Energy Generation Market by Technology
10.5.2.3 Africa Distributed Energy Generation Market by Application
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Distributed Energy Generation Market by Technology
10.5.2.4.2 Nigeria Distributed Energy Generation Market by Application
10.5.2.5 South Africa
10.5.2.5.1 South Africa Distributed Energy Generation Market by Technology
10.5.2.5.2 South Africa Distributed Energy Generation Market by Application
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Distributed Energy Generation Market by Technology
10.5.2.6.2 Rest of Africa Distributed Energy Generation Market by Application
10.6 Latin America
10.6.1 Latin America Distributed Energy Generation Market by Country
10.6.2 Latin America Distributed Energy Generation Market by Technology
10.6.3 Latin America Distributed Energy Generation Market by Application
10.6.4 Brazil
10.6.4.1 Brazil Distributed Energy Generation Market by Technology
10.6.4.2 Brazil Africa Distributed Energy Generation Market by Application
10.6.5 Argentina
10.6.5.1 Argentina Distributed Energy Generation Market by Technology
10.6.5.2 Argentina Distributed Energy Generation Market by Application
10.6.6 Colombia
10.6.6.1 Colombia Distributed Energy Generation Market by Technology
10.6.6.2 Colombia Distributed Energy Generation Market by Application
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Distributed Energy Generation Market by Technology
10.6.7.2 Rest of Latin America Distributed Energy Generation Market by Application
11. Company Profile
11.1 Siemens
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Product/Services Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Ansaldo Energia SpA
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Product/Services Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 General Electric
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Product/Services Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Ballard Power Systems
11.4 Company Overview
11.4.2 Financials
11.4.3 Product/Services Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Schneider Electric
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Product/Services Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 Caterpillar
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Product/Services Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Vestas
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Product/Services Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 NextEra Energy Inc.
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Product/Services Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Orsted A/S
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Suzlon Energy Limited
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Product/Services Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. USE Cases and Best Practices
14. Conclusion
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