[Published Market Study] Distributed Power Generation Systems Market Size, Market Share, Trends Market Report with Forecast, 2023-2030 | RationalStat

The global distributed power generation systems market is expected to reach at US$ 78.6 billion by 2030, registering a strong CAGR of 7.2%.

Wilmington, Delaware, Oct. 03, 2023 (GLOBE NEWSWIRE) —

Competition Analysis and Market Structure

These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global distributed power generation systems market include,

• In December 2022, Bangalore Electricity Supply Company Limited (BESCOM) started Phase 2 of the grid-connected rooftop solar scheme. It was expected to concentrate on the installation of solar panels.
• In November 2022, Michigan’s distributed generation program increased by 37%, adding 3,709 clients for a total of 14,262 consumers and 14,446 distributed generation installations. The program allowed consumers to generate their own electricity, primarily through solar projects.

Some of the prominent players and suppliers operating and contributing significantly to the global distributed power generation systems market growth include 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, and Siemens AG, among others.

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RationalStat has segmented the global distributed power generation systems market based on technology, end user and region

• Global Distributed Power Generation Systems Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Technology
  • Solar PV
  • Diesel Gensets
  • Natural Gas Gensets
  • Microgrids
  • Fuel Cells
  • Wind Turbines
  • Other Technologies
• Global Distributed Power Generation Systems Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User
  • Residential
  • Commercial
  • Industrial
• Global Distributed Power Generation Systems Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
  • North America Distributed Power Generation Systems Market
    • US
    • Canada
  • Latin America Distributed Power Generation Systems Market
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe Distributed Power Generation Systems Market
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe Distributed Power Generation Systems Market
    • Russia
    • Poland
    • Hungary
    • Other CIS Countries
    • Rest of Eastern Europe
  • Asia Pacific Distributed Power Generation Systems Market
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • ASEAN
      • Indonesia
      • Thailand
      • Philippines
      • Vietnam
      • Malaysia
      • Rest of ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa Distributed Power Generation Systems Market
    • GCC
      • Saudi Arabia (KSA)
      • United Arab Emirates (UAE)
      • Rest of the GCC
    • South Africa
    • Nigeria
    • Turkey
    • Rest of the Middle East & Africa

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Key Questions Answered in the Distributed Power Generation Systems Report:

• What will be the market value of the global distributed power generation systems market by 2030?
• What is the market size of the global distributed power generation systems market?
• What are the market drivers of the global distributed power generation systems market?
• What are the key trends in the global distributed power generation systems market?
• Which is the leading region in the global distributed power generation systems market?
• What are the major companies operating in the global distributed power generation systems market?
• What are the market shares by key segments in the global distributed power generation systems market?  

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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