Global Distributed Power Generation Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Distributed Power Generation Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Technology (Solar PV, Diesel Gensets, Natural Gas Gensets, Microgrids, and Other Technologies), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Distributed Power Generation Market was valued at USD 340,101.9 million in 2023 and is expected to reach USD 983,870.3 million by 2031 while growing at a CAGR of 14.2% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global distributed power generation market growth. Distributed Power Generation (DPG), also known as decentralized energy resources, generates electricity at or near the point of use, contrasting with the traditional centralized power plant model that transmits electricity over long distances.
Increasing advances in technology for efficient small-scale power generation and the integration of renewable energy sources drive the growth of the distributed power generation market. However, obstacles like higher initial costs and concerns about intermittency and reliability may hinder market expansion.
Furthermore, the global distributed power generation industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Technology Analysis
The Global Distributed Power Generation Market is segmented among Solar PV, Diesel Gensets, Natural Gas Gensets, Microgrids, and Other Technologies, based on Technology. In 2023, Solar PV accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Distributed Power Generation Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Ansaldo Energia SpA, Ballard Power Systems Inc., Bloom Energy, Capstone Turbine Corporation, Caterpillar Inc., Cummins Inc., Fuelcell Energy Inc., General Electric Co., Schneider Electric SE, Siemens AG, and Sunverge Energy.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Distributed Power Generation Market Dynamics
Drivers
Restraints
Opportunity
4. Global Distributed Power Generation Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Distributed Power Generation Market Segmentation, By Technology
Global Distributed Power Generation Market Share Analysis, By Technology
Global Distributed Power Generation Market Growth Analysis, By Technology
Global Distributed Power Generation Market Trends, By Technology
o Solar PV
o Diesel Gensets
o Natural Gas Gensets
o Microgrids
o Other Technologies
6. Global Distributed Power Generation Market Segmentation, By Region
Global Distributed Power Generation Market Share Analysis, By Region
Global Distributed Power Generation Market Growth Analysis, By Region
Global Distributed Power Generation Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
7. Competitive Landscape
Ansaldo Energia SpA*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Ballard Power Systems Inc.
Bloom Energy
Capstone Turbine Corporation
Caterpillar Inc.
Cummins Inc.
Fuelcell Energy Inc.
General Electric Co.
Schneider Electric SE
Siemens AG
Sunverge Energy
*Similar analysis will be provided for each company listed above.