Distributed Energy Generation (DEG) Systems Market for Solar Photovoltaic, Wind Turbine and Fuel Cells in Residential – Industry Trends, Estimates And Forecasts 2018
Distributed energy generation eliminates the need to build a transmission capacity, thereby reducing line loss. These systems find applications in residential, commercial and small industrial sectors. The great advantage in discovering distributed energy generation systems was to create amenities that meet growing energy demands satisfactorily.
This research study analyzes the market size of Distributed Energy Generation (DEG) systems, both in terms of volume (annual installation capacity) and revenue. The DEG market has been segmented on the basis of technology, end use, application, and geography, in order to provide a holistic picture of the market. Market data for all segments has been provided on a regional level for the period 2011 to 2018. A comprehensive competitive landscape including company market share analysis has also been provided in this report.
Key technologies analyzed in the report include solar photovoltaic, combined heat and power (CHP), wind turbine, reciprocating engines, micro-turbine and fuel cells. DEG end use market segments estimated in this study include residential sector, buildings & institutions and commercial & industrial establishments. Major applications analyzed in this report include on- grid and off grid systems. Regional data has been provided for North America, Europe, Asia Pacific, Middle East & Africa (MEA) and Rest of the World (RoW).
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This report also includes Porter’s five forces model analysis, value chain analysis, and market attractiveness analysis by technology. Some of the key market participants that deal in DEG systems include GE Energy, Siemens Energy, Vestas, Enercon, Suzlon, Caterpillar, Alstom, E.ON Group, Mitsubishi Power Systems, First Solar, Yingli Solar, Fuel Cell Energy, Ballard Power Systems Inc. and Clearedge Power. The report provides an overview of these companies followed by their financial revenue, business strategies, and recent developments.
This research is designed to estimate, analyze, and forecast the annual installed capacity of DEG systems across the global market. The research provides in-depth analysis of DEG system manufacturers, product sales, trend analysis by segments, and annual installed capacity by geography. The report covers all the major technologies, applications and end use segments of the DEG systems market. It also provides detailed analysis, historical data and statistically refined forecast for the segments covered.
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Distributed energy generation is also known as decentralized energy generation. It is the term used for systems that generate electricity near the point of consumption, as opposed to centralized generation sources such as large utility-owned power plants, that require long distance transmission lines to transmit energy.
The market size for DEG systems has been estimated on the basis of regional installed capacity and indicators in end use industries. This report also discusses various technologies, applications and numerous end uses of DEG systems. All the market revenues have been calculated by considering the whole system installation cost including numerous components and parts of DEG systems (turbines/engines/prime movers, generators, fuel recovery units, compressors, filters, valves, pipes, boilers, chillers, control systems and enclosures) plus installation labor, engineering and project management cost during the construction period.
The major technologies include solar photovoltaic, combined heat and power (CHP), wind turbine, reciprocating engines, micro-turbine and fuel cells. The major end uses considered under the DEG systems market cover the residential sector, buildings & institutions and commercial & industrial establishments. Major applications analyzed in this report include on grid and off grid systems. The market is also analyzed based on geography that constitutes different regions including North America, Europe, Asia Pacific, Middle East & Africa (MEA) and Rest of the World (RoW).
The price for DEG systems are volatile in nature and keeps on changing depending upon the technology, application and the type of end use market. The prices of overall DEG systems are decreasing, leading to a slight squeeze in profit margins. The study presents a comprehensive assessment of the stakeholder strategies, winning imperatives for them by segmenting the DEG market as below