+1-888-308-5802     
News Contact Us

Distributed Power Generation Market: What Will Be The Future Growth Opportunities?

Author : Ronak Bora | Published Date : 2019-04-04 

Global Market Insights, Inc. has launched a report on Distributed Power Generation Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

The driving force for distributed power generation market is the decrease in the renewable component costs owing to favorable government mandates, flexible trade policies and economies of scale. Investments by government authorities and private parties toward solar and wind energy production will further complement the industry outlook. For instance, in 2016 new solar PV capacity all over the world increased by 50% in relation to other conventional energy and is set to surpass 70 GW by 2020, with China accounting for half of this development.

Request for an in-depth table of contents for this report @

https://www.gminsights.com/request-toc/upcoming/2590

Stringent government norms pertaining to environment conservation along with increasing inclination toward clean energy utilization will augment the distributed power generation market. Ongoing technological enhancements across the sustainable energy industry including advance photovoltaic modules, wind turbines and energy storage systems will positively sway the industry dynamics. The European Union in 2015, introduced the Renewable Energy Directive with an aim to consume 20% energy from renewable resources by 2020 across the region.

Make an inquiry for purchasing this report @

https://www.gminsights.com/inquiry-before-buying/2590

Reduction in the overall capital cost of sustainable energy along with increasing concerns toward environmental proximity has instigated various countries to align focus across wholesale distributed power generation market. According to EPA, in 2017 the United States had additional 12 million distributed generation units which accounted to one sixth of the centralized power generation industry across the nation.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

  • Siemens
  • General Electric
  • ABB
  • Schneider Electric
  • SMA Solar Technology
  • Huawei Technology

Browse Full Report @ https://www.gminsights.com/industry-analysis/distributed-power-generation-market

Eminent players in the distributed power generation industry comprise of Siemens, General Electric, ABB, Schneider Electric, SMA Solar Technology, Huawei Technology and Bloom Energy amongst others.

Market share calculation in this report is not done based on companies covered in it. The calculation of distributed power generation Market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

Europe Tartaric Acid Market to grow at 4.8% CAGR from 2017 to 2024

Published Date: 2019-04-23         Author: Ronak Bora

Asia Pacific tartaric acid market is estimated to be second-largest, primarily driven by India, China and Japan. Growing demand from construction chemicals products is likely to enhance Asia Pacific market till 2024. Europe holds significant market share of global tartaric acid, growing with a CAGR ... Read More

N-Hexyl Alcohol Market is projected to witness rapid growth from food & beverage industry by 2024

Published Date: 2019-04-23         Author: Ronak Bora

N-hexyl alcohol market for food & beverage industry was valued more than USD 325 million in 2016, which is likely to witness positive gains in the forecast spell. This is chiefly due to rising product use as an odor agent and to add flavor to variety of food products including fruit, vegetable a... Read More

Home Audio Equipment Market in Wireless Technology is Projected to Gain Substantial Industry Share Over the Coming Years

Published Date: 2019-04-23         Author: Ronak Bora

Wireless technology enabled gadgets are expected to gain substantial share in the home audio equipment market over the forecast period, owing to increasing operability and compatibility of these devices with other devices such as other speakers, smartphones, and tablets. High degree of standardizati... Read More

© 2019 Fractovia. All Rights Reserved