Global Distributed Energy Generation Systems (DEG) Market is Expected to Reach USD 155.86 Billion in 2018: Transparency Market

Global Distributed Energy Generation Systems (DEG) Market is Expected to Reach
           USD 155.86 Billion in 2018: Transparency Market Research

  PR Newswire

  ALBANY, New York, August 26, 2013

ALBANY, New York, August 26, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (
http://www.transparencymarketresearch.com ) " Distributed Energy Generation
(DEG) Market for CHP (Combined Heat and Power), Solar Photovoltaic, Wind
Turbine and Fuel Cells in Residential, Building, Institution and Commercial
Applications -  Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2012 - 2018 ," global DEG systems market was valued at USD 99.68
billion in 2011 and is expected to reach USD 155.86 billion in 2018, growing
at a CAGR of 6.7% from 2012 to 2018. Annual DEG installation capacity was
81,875.7 MW in 2011 and is expected to reach 180,093.6 MW in 2018, growing at
a CAGR of 11.9% from 2012 to 2018.

Browse the full report at
http://www.transparencymarketresearch.com/distributed-energy-generation-market.html

Energy demand has increased substantially over the past decade and is expected
to increase in the next five to six years. Insufficient centralized
electricity supply, paradigm shift in energy generation towards green
technology, increased industry awareness coupled with revised FIT (Feed in
Tariff) rates are expected to spur market growth. Failure of conventional
energy generation model which incurs substantial capital investment for power
generation and distribution through transmission is expected to lay groundwork
for DEG systems market. Price competency in key technologies (wind turbine,
solar PV, CHP, fuel cells and microturbines) is likely to attract more
consumers globally thereby bolstering the market. Presently highly priced DEG
systems are a key challenge for market participants; however, price moderation
over the next few years is expected to help the market overcome this issue.

Crucial technology segments estimated and analyzed in this study include CHP,
that accounted for over 48% of global capacity in 2011, followed by solar PV,
wind turbine, reciprocating engines, micro turbines and fuel cells. The market
is also segmented into on grid and off grid segments. In 2011, on grid segment
dominated the DEG systems market while off grid segment accounted for just
over 1% of the market. Key DEG applications include residential, buildings and
institutions and commercial and industrial installations. Commercial and
industrial applications dominated the market, accounting for over 74% global
market in 2011.

Europe dominated the DEG systems market in and accounted for over 39% of
global DEG installations in 2011. The provision of financial incentive schemes
in China, India and Japan supplemented with low production cost are primary
factors expected to drive the product demand in Asia Pacific. North America
pioneered the solar PV technology, utilized for generating electricity. North
America DEG market revenues are expected to reach USD 37.33 billion in 2018.
The absence of grid connection led to generation of energy through off grid
DEG systems in Africa. Growing energy demand in the Middle East and Africa is
expected to fuel the growth rate of DEG systems market.

Key participants in this market include GE Energy, Siemens Energy, Caterpillar
Power Plants, Mitsubishi Power Systems, Vestas, Alstom, E.On SE, and Capstone
Turbine Corporation among others. The report provides an overview of these
companies followed by their financial revenue, business strategies, product
portfolio and recent developments.

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This research analyzes and estimates the performance and installation of DEG
systems in the global scenario, providing detailed trend analysis of the
market by geography and comprehensive analysis of companies that are dealing
in the DEG systems. The report presents a thorough assessment of the
strategies followed by different stakeholders by segmenting the DEG systems
market as below:

Distributed Energy Generation Systems Market: Technology Analysis

Solar photovoltaic

Combined heat and power (CHP)

Wind turbine

Reciprocating engines

Micro-turbine

Fuel cells

  *Distributed Energy Generation Systems Market: End User Analysis

    Residential

    Buildings and Institutions

    Commercial and Industrial

  *Distributed Energy Generation Systems Market: Application Analysis

    On Grid

    Off Grid

  *Distributed Energy Generation Systems Market: Regional Analysis

    North America

    Europe

    Asia-Pacific

    MEA (Middle East & Africa)

    Rest of the World (Brazil and Mexico)

Browse all Energy Market Research Reports @
http://www.transparencymarketresearch.com/energy-market-reports-3.html

Upcoming Reports in  Energy Market

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Nuclear Power Market

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