Global Distributed Power Generation Market is projected to grow with a brisk CAGR of 11.52% during 2018-2024 owing to the increasing applications in various end user industries
Envision Inteligence estimates that global distributed power generation market is projected to reach $103.48 Billion by the end of 2024 with a CAGR of 11.52% from $55.10 Billion in 2017.
(EMAILWIRE.COM, February 06, 2018 ) The report " Global Distributed Power Generation Market “: By Type (On-Grid, and Off-Grid); By Source (Combined Heat and Power, Fuel Cell, Micro Turbines, Reciprocating Engine, and Others); By End-Use Industry (Residential, Commercial, and Industrial); By Geography - Forecast (2018-2024).
Distributed generation refers to power generation at the point of consumption. Generating power on-site, rather than centrally, eliminates the cost, complexity, interdependencies, and inefficiencies associated with transmission and distribution. Like distributed computing (i.e. the PC) and distributed telephony (i.e. the mobile phone), distributed generation shifts control to the consumer.
Download Free Sample Brochure at: https://www.envisioninteligence.com/industry-report/global-distributed-power-generation-market/
In 2017, the global distributed Power generation (DPG) market was worth USD 55.10 billion. Increasing energy demand in the world and need to reduce energy imports is likely to drive growth. Moreover, Growth of renewables, and need for decentralization of power due to electricity infrastructure challenges are other key drivers of the market.
Ability of DPG to produce electricity from both conventional and non-conventional resources have made them an environment friendly route for energy generation through wind, solar and tidal energy. Increasing output of tight and shale gas in North America, particularly the U.S., along with innovative hydraulic fracturing techniques are few of the other factors augmenting demand over the next few years. The industry is estimated to be valued at USD 103.48 billion by 2024.
Key players in the market include:
• Siemens
• General Electric
• Schneider Electric
• Mitsubishi Heavy Industries
• Caterpillar
Reasons to buy this report:
This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top company’s revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
Key pointers in the report include:
• Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysisare performed to comprehend the market dynamics and key companies’ position during the next five years.
• Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope for the market in end user industries.
• Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
• Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
• A complete 360-degree analysis including product portfolio, business portfolio, developmental strategies, key developments from the companies in the historical period for the key players operating in the market is included in the report.
• Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.
Related Reports:
Middle East and Africa Battery Market: https://www.envisioninteligence.com/industry-report/middle-east-africa-battery-market/
South America Battery Market:
https://www.envisioninteligence.com/industry-report/south-america-battery-market/
ABOUT US
Envision Inteligence is the main supplier of market analysis reviews, customized consulting, information analytics and trade evaluation. Our purpose is to offer the accurate and precise data required by the stakeholder on the proper level of time, in a format, which assists in making the optimized business decisions, and to stay ahead among all the competitors in the associated markets.
Contact us:
Sales Team,
Sales@envisioninteligence.com
Call: +1 408-963-0099
Web: www.envisioninteligence.com
Distributed generation refers to power generation at the point of consumption. Generating power on-site, rather than centrally, eliminates the cost, complexity, interdependencies, and inefficiencies associated with transmission and distribution. Like distributed computing (i.e. the PC) and distributed telephony (i.e. the mobile phone), distributed generation shifts control to the consumer.
Download Free Sample Brochure at: https://www.envisioninteligence.com/industry-report/global-distributed-power-generation-market/
In 2017, the global distributed Power generation (DPG) market was worth USD 55.10 billion. Increasing energy demand in the world and need to reduce energy imports is likely to drive growth. Moreover, Growth of renewables, and need for decentralization of power due to electricity infrastructure challenges are other key drivers of the market.
Ability of DPG to produce electricity from both conventional and non-conventional resources have made them an environment friendly route for energy generation through wind, solar and tidal energy. Increasing output of tight and shale gas in North America, particularly the U.S., along with innovative hydraulic fracturing techniques are few of the other factors augmenting demand over the next few years. The industry is estimated to be valued at USD 103.48 billion by 2024.
Key players in the market include:
• Siemens
• General Electric
• Schneider Electric
• Mitsubishi Heavy Industries
• Caterpillar
Reasons to buy this report:
This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top company’s revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
Key pointers in the report include:
• Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysisare performed to comprehend the market dynamics and key companies’ position during the next five years.
• Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope for the market in end user industries.
• Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
• Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
• A complete 360-degree analysis including product portfolio, business portfolio, developmental strategies, key developments from the companies in the historical period for the key players operating in the market is included in the report.
• Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.
Related Reports:
Middle East and Africa Battery Market: https://www.envisioninteligence.com/industry-report/middle-east-africa-battery-market/
South America Battery Market:
https://www.envisioninteligence.com/industry-report/south-america-battery-market/
ABOUT US
Envision Inteligence is the main supplier of market analysis reviews, customized consulting, information analytics and trade evaluation. Our purpose is to offer the accurate and precise data required by the stakeholder on the proper level of time, in a format, which assists in making the optimized business decisions, and to stay ahead among all the competitors in the associated markets.
Contact us:
Sales Team,
Sales@envisioninteligence.com
Call: +1 408-963-0099
Web: www.envisioninteligence.com
Contact Information:
Envision Inteligence
Bharadwaj Oruganti
Tel: 1-408-963-0099
Email us
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Envision Inteligence
Bharadwaj Oruganti
Tel: 1-408-963-0099
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results