Global Distributed Energy Generation (DEG) Market Report 2023: DG Market Aligns with ESG Goals - Industry Outlook to 2028

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Nov 27, 2023, 11:30 ET

DUBLIN, Nov. 27, 2023 /PRNewswire/ -- The "The Global Market for Distributed Energy Generation" report has been added to ResearchAndMarkets.com's offering.

In 2022, the global market for distributed energy generation reached $133.5 billion and expected to grow at a CAGR of 11.3%.Existing growth trends as well as future projections indicate growth across the board for DG technologies with global markets reaching $241.6 billion by 2028.

The report discusses different technologies of distributed energy generation, like reciprocating engines, small hydropower, solar PV, small combustion turbines, small wind, fuel cells, and microturbines. It offers a detailed analysis of different technologies and the prevalent trends and opportunities in the market.

Uneven and sometimes volatile growth in the distributed electricity generation market is mainly attributed to the economic and industrial development rates across the globe, country-wide regulatory support, fuel cost, raw-material cost, equipment costs and performance and energy source. The last decade has witnessed a strong expansion of DG research and product development among high-performing technologies and consolidation and reorganization among lower-performing technologies.

Revenue expansion, however, was not as rapid as anticipated due to various macro-economic factors such as increase in crude oil price, outbreak of the novel coronavirus, and the Russia-Ukraine war, among others. These trends, in turn, generated downward cost pressure, resulting in an increasingly competitive DG market, especially for solar and technologies that compete with reciprocating engines.

However, continued global economic revival will enable several DG technologies to achieve significant growth while others expected to struggle to gain market traction against strong competitive influences. The DG market is founded on several discrete technologies including reciprocating engines, small combustion turbines, microturbines, fuel cells, small hydropower, small wind and distributed solar.

DG technologies provide localized generation capacity for a wide array of main line and niche markets including reliable and consistent power generation, peaking power/peak shaving, renewable energy generation, conversion of waste fuels to electricity, emergency or standby power generation capacity, rural and remote generation, mobile electricity generation as well as a variety of other applications.

The market values are estimated based on multiple factors and analysis of manufacturers' revenues. Market dynamics within each industry are identified. Technological advancements and trends are reviewed, and other influences, such as economic conditions and standards, are discussed. Because this is a global study, the publisher analyzes domestic and international technological issues and economic considerations.

The market segments of the report are focused on technical and commercial aspects of distributed energy generation. The report also discusses the regional policy and regulatory framework and ESG scenario for the industry in order to maintain environmental sustainability and comply with government regulations.

The report also analyzes the regional and country-wise markets for distributed energy generation. The segments are forecast for 2023 to 2028, with 2022 as a base year. Furthermore, the report offers a competitive scenario of the market, including a detailed analysis of key market players and a list of small and regional market players.

Each regional market considered in this analysis shows potential for market growth in the coming years. Installation of a DG system, especially for larger facilities, can include minor to considerable additional engineering, design, and construction of auxiliary/appurtenant facilities.

Report Includes

Estimate of the market size and analyses of market trends, with data from 2022, estimates for 2023 and projections of compound annual growth rates (CAGRs) through 2028
An assessment of the existing distributed energy generation industry, with a focus on the producers of each major viable technology and their market potential over the next five years
Coverage of energy-related issues affecting the environment, including greenhouse gas (GHG) emissions, climate change, energy cost and security, and air and water pollution
Analysis of the market dynamics, including drivers, inhibitors and opportunities, and insights into the regulatory environments impacting the market
Market share analysis of the key companies and coverage of mergers and acquisitions (M&A), joint ventures, collaborations. partnerships, and other key vendor strategies

Company profiles of major players

Ansaldo Energia S.P.A.
Bloom Energy
Caterpillar Energy Solutions GmbH
Cummins Inc.
Doosan Enerbility
Engie Sa
General Electric
Mitsubishi Heavy Industries Ltd.
Rolls-Royce
Siemens Energy AG

Company Profiles

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

Introduction
Renewable Energy and Distributed Energy Generation
Microgrids
Brief History of Distributed Energy Generation
Distributed Energy Generation Definition
Distributed Energy Generation Supply Chain
Materials Manufacturers and Fabricators
Equipment Oems
Specialty Equipment Manufacturers
Dg Manufacturers/Assemblers
Construction and Installation Contractors
Permitting and Environmental Specialists
End-users
Market Potential

Chapter 4 Market Dynamics

Overview
Drivers
Market Challenges
Market Opportunities
Porter's Five Forces Analysis
Climate Policies and Regulation
Global Carbon Emission Scenario
The Paris Agreement
The European Green Deal
Covid-19 Impact on Global Market for Distributed Energy Generation
Russia-Ukraine War Impact on Distributed Energy Generation Industry

Chapter 5 Market for Distributed Energy Generation by Technology

Overview
Reciprocating Engines
Market Potential
Small Hydropower
Advantages
Drawbacks
Market Potential
Solar Photovoltaics (Pv)
Advantages of Pv Systems
Drawbacks of Pv Systems
Market Potential
Small Wind Turbine
Advantages of Dg Wind Turbines
Drawbacks of Dg Wind Turbines
Market Potential
Fuel Cell
Types of Fuel Cells
Market Potential
Small Combustion Turbine
Advantages
Drawbacks
Market Potential
Microturbine
Advantages
Drawbacks
Market Potential

Chapter 6 Market for Distributed Energy Generation by Region

Overview
Apac
China
India
Japan
Rest of Apac
Europe
Germany
Italy
France
U.K.
Russia
Rest of Europe
North America
U.S.
Canada
Mexico
Mea
Saudi Arabia
Uae
South Africa
Rest of Mea
South America
Brazil
Chile
Rest of South America

Chapter 7 ESG Development

Importance of ESG in the Distributed Energy Generation Industry
ESG Ratings and Metrics: Understanding the Data
ESG Practices in the Distributed Energy Generation Industry
Environmental Score
Social Score
Governance Score
Total Score
Risk Scale, Exposure Scale and Management Scale
Risk Scale
Exposure Scale
Management Scale
Future of ESG: Emerging Trends and Opportunities
Carbon Neutrality
Case Study: Examples of Successful ESG Implementation
Cummins Inc.
Concluding Remarks

Chapter 8 Emerging Technologies and Developments

Combined Heat and Power (Chp)
Other Technologies

Chapter 9 Patent Analysis

Chapter 10 Competitive Intelligence

For more information about this report visit https://www.researchandmarkets.com/r/e2xwpc

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