Global Market Size of Distributed Generation Market – 10 Year Market Forecast

Energy & Power

Distributed Generation Market Size Forecast 2022-2029

Growing at a CAGR of 9%, the market value of the global distributed generation market is estimated to be USD 144.08 billion in 2022 and USD 261.92 billion by 2029. The cumulative market size value of the distributed generation market is USD 1613 billion during the forecast period of 2022 to 2029. APAC is the largest market for distributed generation and is expected to account for the majority of the market shares. Solar PV is estimated to be the most widely used technology representing a relatively larger share of the market. The commercial sector is the major end-user industry with the highest growth rate in the segment.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• The distributed generation vertical is studied by Global Market Database to provide relevant market information to industry players.
• What are the key market segments of distributed generation market?

• The key market segments of the distributed generation market are technology, region and end-user.
• What is the breakup of the global distributed generation market based on end-user?

• The breakup of the global distributed generation market based on end-user are industrial, residential and commercial.
• Which end-user sector has the highest demands for distributed generation?

• The commercial end-user sector has the highest demand for distributed generation.
• Which are the two largest distributed generation markets?

• APAC and Europe are the two largest distributed generation markets.

Related Markets

• Global Market Size of Switchgear Market – 10 Year Market Forecast
• Global Market Size of Synchronous Condenser Market – 10 Year Market Forecast
• Global Market Size of Fuel Cells Market – 10 Year Market Forecast
• Global Market Size of HVDC Converter Station Market – 10 Year Market Forecast
• Global Market Size of Wave Energy Market – 10 year market forecast