Distributed Energy Generation Market Size Worth $573.7 Billion by 2025: Grand View Research, Inc.
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DEG eliminates the need for building a transmission capacity that reduces the line cost. In addition, low prices of DEG compared to conventional energy generation are anticipated to provide a fillip to the market. Moreover, innovations in DEG technologies, such as floating solar photovoltaic, is likely to propel the market. Decreasing cost of solar PVs is playing an instrumental role in the development of the market. Feed-in tariffs in regions including Asia Pacific, Europe, and North America are poised to stoke the growth of the market.
E.ON SE; Vestas Wind Systems A/S; Capstone Turbine Corporation; Caterpillar Power Plants; Ballard Power Systems Inc.; Doosan Fuel Cell America; FuelCell Energy Inc.; Rolls-Royce Power Systems AG; Sharp Corporation; Suzlon Energy Limited; General Electric (GE); First Solar; SIEMENS AG; Toyota Turbine and Systems Inc.; and ENERCON GMBH are some of the major players in DEG market.
Browse full research report with TOC on"Distributed Energy Generation (DEG) Market Size, Share & Trends Analysis Report By Technology (Wind turbine, Solar photovoltaic, Reciprocating engines), By Application, By Region, And Segment Forecasts, 2018 - 2025" at:https://www.grandviewresearch.com/industry-analysis/distributed-energy-generation-industry
Further Key Findings From the Report Suggest:
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Grand View Research has segmented the global distributed energy generation (DEG) market on the basis of technology, application, and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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