Distributed energy and power generation have been in the frenzy with the sudden outcry for cleaner energy sources. While normally, power comes from being generated at a plant, distributed power shifts control to the consumer. In other words, power is generated at the point of its consumption.
This has many benefits of conventional power generation, namely reduced transmission costs, less energy wastages, and cleaner resources to explore for power. Distributed power generation explores tapping energy from multiple resources, both conventional as well as unconventional options.
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Conventionally, distributed power referred to diesel engines. While these did provide with adequate power, they were scarcely a clean way of generating power. People, in general, don’t prefer how the dirty or unsafe the process of generating power is as long as it is done in places far away from their homes.
But when exploring for distributed power as an alternative, diesel engines seldom fulfil the requirements, as a dirty source as such can be a complication to consumers if placed right outside their living rooms. Cleaner alternatives include solar energy and localised wind energy counterparts.
The global distributed power generation market is poised to grow steadily with the rising worries of the exorbitant costs involved in transmission line installations. With distributed energy alternatives, there would be minimal to nil requirements in materials as opposed to conventional power generation (the likes of thermal/hydroelectric power plants).
Rising outcries for eco-friendly alternatives have promoted government regulatory support in favour of distributed power installations. In many emerging economies, governments have invited distributed energy generation to be adopted at homes, promising sanctions and subsidies for the same.
The irregularities with which power can be tapped through distributed power is a major concern for both households as well as industries, as rarely do they provide with a steady supply. In the case of solar, while it does provide with a clean supply of energy, it is heavily dependent on the intermittence of available sunlight. Another factor stunting the market’s growth is the heavy installation expenses that come with distributed power generation (heavy, when compared to present costs circulating around conventional power at individual households).
The market is segmented into CHP (combined heat and power), fuel cell, and solar photovoltaic and wind turbine. CHP enjoys the highest share in the market, providing clean eco-friendly fuel at nominal expenses. The other segments are expected to increase in valuation with rising research and development being invested into them.
In terms of capacity and market prominence, Europe enjoys the biggest share. Market growth is favoured much here due to the many commission issued by the EU in the interest of ecological conservation. In terms of capacity, Asia Pacific is the largest market, driven by government regulatory moves in many emergent economies in the region.
Companies that hold prominent shares in the market include General Electric, Sharp Corporation, JA Solar Holdings, First Solar, Ingersoll-Rand, Siemens, and UTC Power.
Report Contents Regional Analysis Report Highlights
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
US and Canada
Mexico, Brazil, Argentina and Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
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Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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