Press release
Distributed Energy Generation Systems Market Size, Share, Development, Growth and Demand Forecast to 2020
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Europe leads the distributed energy generation system market due to financial support by the local governments in the region and investments by the distributed energy generation manufacturers. The 2004/8/EC directive active from 2004 has been providing favorable business environment to the distributed energy generation system manufacturers. The financial incentive schemes by governments and availability of cheap labor in Asia-Pacific are alluring the companies to increase their investments in the region. Asia-Pacific distributed energy generation system market is expected to grow at an exponential rate in the coming years due to increasing investments by the manufacturers in the region.
On the basis of technology, the distributed energy generation system market can be categorized as micro turbine, combined heat and power (CHP), solar photovoltaic, wind turbine, fuel cell and reciprocating engines. Micro turbine market is expected to grow with an exponential rate in the coming years due to its properties such as lightweight, small number of moving parts, low operational cost, low emission and compact size. Combined heat and power (CHP) market is expected to lead the distributed energy generation system market among the technology category due to its environment- friendly characteristic.
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Based on end users, the distributed energy generation system market can be categorized as buildings and institutions, residential, and commercial and industrial. Commercial and industrial sectors lead the end users of distributed energy generation system market owing to re-usability of accessible resources such as industrial waste and heat energy. On the basis of applications, the distributed energy generation system market can be categorized as off grid system and on grid system. The off grid system is expensive as compared to on grid system; however, the former has an edge of having storage capacity and ability to provide continuous flow of energy.
Some of the factors driving the growth of the distributed energy generation system market are retooled feed in tariff (fit) and government initiatives towards distributed energy generation. Climate dependent systems and high initial cost of the systems are some of the factors restraining the growth of the distributed energy generation system market. However; the prices of distributed energy generation system is expected to decline in the coming years, which in turn can offset the other restraints prevailing in this market.
Report Coverage
Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
Identifies the key drivers of growth and challenges of the key industry players.
Also, assesses the future impact of the propellants and restraints on the market
Uncovers potential demands in the market
Porter analysis identifies competitive forces within the market
Provides information on the historical and current market size and the future potential of the market
Provides sizes of key regional markets using yardsticks of processes, segments, products, end user and technology, etc (as applicable)
Highlights the competitive scenario of the market, major competitors, market share, benchmarking, investments and merger acquisitions
Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics.
Profiles provide better understanding of competition as well as the demands of the market.
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