Uploaded on Dec 16, 2021
Global distributed energy generation market size is expected to reach USD 532.3 Bn by 2027 from USD 263.5 Bn in 2020, with a CAGR of 10.6% during the forecast period.
Distribution Energy Generation Market is Growing at a CAGR of 10.6%
Distributed Energy Generation Market
is expected to reach worth USD 532.3
Billion by the end of forecast period
2021-2027
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buted-energy-generation-market
Distributed Energy Generation Market Summary:
The Global Distributed Energy Generation Market was valued at USD 263.5 Bn in 2020 and is expected to reach USD
532.3 Bn by 2027, with a growing CAGR of 10.6% during the forecast period.
The distributed energy generation market is majorly growing due to the growing urbanization in developing countries,
and the increase in demand for energy. Countries such as India, China, Argentina, Brazil, are on the verge of rapid
urbanization. For instance, the government and utilities can offer vital goods and services more easily and at a lower
cost due to the density of metropolitan residents.
Distributed Energy Generation Market: Key Vendors
• Caterpillar
• Suzlon Energy Ltd.
• General Electric
• Siemens
• Schneider Electric
• ENERCON GmbH
• First Solar Mitsubishi Electric Corp.
• Toyota Turbine Systems Inc.
• Ansaldo Energia
• Flexenergy
• Others
Major Regions Covered in Report
Regional Overview & Analysis of Distributed Energy Generation Market:
North America (US and Canada)
Europe (UK, Germany, France and Rest of Europe)
Asia Pacific (China, Japan, India and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (GCC and Rest of Middle East & Africa)
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Distributed Energy Generation Market Segmentations
By Technology Outlook By End use Outlook Others Key Players
Fuel Cells • Residential Flexenergy
• Commercial Bergey Solar PV
Blattner
• Industrial
Wind Turbines Mortenson
Black & Veatch
Reciprocating Engines
Swinerton Renewable Energy
Others Synergy Solar
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Recent News Distributed Energy Generation Market Report
1. In September 2021, The Sun Ba Power Phase II Combined Cycle Power Plant to be built by Siemens Energy and its
consortium partner CTCI Corporation, Taiwan's premier Engineering, Procurement, and Construction (EPC) firm.
The project will be a key component of Taiwan's energy transition, which aims to move away from coal and
nuclear power and toward more ecologically friendly gas-fired power plants and renewable energy sources.
2. In June 2021, Suzlon, announced that it has received an order from CLP India for the building of a 252 MW wind
power project. Suzlon planned to erect 120 S120-140m wind turbine generators (WTGs) with a Hybrid Lattice
Tubular (HLT) tower.
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