About Commercial Distributed Energy Generation
Distributed energy generation is the variety of technologies that generate electricity at or near where it will be used, such as solar panels and combined heat and power. Distributed energy generation serves a single structure, such as a home or business, or the part of a microgrid which is a smaller grid that is also tied into the larger electricity delivery system such as at a major industrial facility, a military base, or a large college campus. For commercial sectors, the distributed energy generations include resources like combined heat and power systems, solar photovoltaic panels, Wind, Hydropower, Biomass combustion or cofiring, municipal solid waste incineration and others.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global commercial distributed energy generation market is witnessing rise in competitiveness among the players. In terms of market share, the major players are currently dominating. However, some of the companies are increasing the market presence by securing new contracts and tapping new markets. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Commercial Distributed Energy Generation market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ABB (Switzerland), Siemens (Germany), Alstom (France), Capstone Turbine Corporation (CPST) (United States), GE (United States), Wood Group (United Kingdom), Schneider Electric (France), Mitsubishi Heavy Industries Ltd (Japan), Caterpillar (United States) and Ansaldo Energia SpA (Italy) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Fuelcell Energy (United States).
Segmentation Overview
AMA Research has segmented the market of Global Commercial Distributed Energy Generation market by , Application (On-Grid and Off-Grid) and Region.
On the basis of geography, the market of Commercial Distributed Energy Generation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Energy Storage type, the sub-segment i.e. PV storage will boost the Commercial Distributed Energy Generation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Fuel Cells will boost the Commercial Distributed Energy Generation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Awareness about the Clean Energy Resources
Market Growth Drivers:
Promotion by Government for the Installations of Distributed Energy Generation System and Advantages Such as Lower Operating Costs and Reduced Per Unit Electricity Costs
Challenges:
Intermittent and Variable Nature of Sources like Solar and Wind
Restraints:
Reluctance to Spend on Distributed Generation
Opportunities:
Growing Environmental Concerns May Boost the Market Growth and Increasing Electricity Costs and Outage Issues in Rural Areas
Market Leaders and their expansionary development strategies
On 5th March 2020, ABB has acquired Cylon Controls electronic manufacturing platform which provides smart energy solutions for businesses.
On 5th February 2019, Go electric Inc. has announced launch of its new micro grid-enabled switchgear product, Hive. It is designed and engineered to provide facilities with critical energy reliability and resiliency when experiencing disturbances from the electric grid.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.