Global Distributed Power Generation Market | Growth, Trends and Forecast - 2023

The distributed energy generation system market is growing with a considerable rate due to increasing awareness among consumers about reducing carbon footprint, standard shift in generation of energy to green technology, and government incentive schemes.

Request sample report here : https://www.psmarketresearch.com/market-analysis/distributed-energy-generation-systems-market/report-sample

Europe leads the distributed energy generation system market due to financial support by the local governments in the region and investments by the distributed energy generation manufacturers. The 2004/8/EC directive active from 2004 has been providing favorable business environment to the distributed energy generation system manufacturers. 

On the basis of technology, the distributed energy generation system market can be categorized as micro turbine, combined heat and power (CHP), solar photovoltaic, wind turbine, fuel cell and reciprocating engines. 

Based on end users, the distributed energy generation system market can be categorized as buildings and institutions, residential, and commercial and industrial. Commercial and industrial sectors lead the end users of distributed energy generation system market owing to re-usability of accessible resources such as industrial waste and heat energy.

Some of the factors driving the growth of the distributed energy generation system market are retooled feed in tariff (fit) and government initiatives towards distributed energy generation.

Read summary of report here : https://www.psmarketresearch.com/market-analysis/distributed-energy-generation-systems-market

The major competitors in the distributed energy generation system market include Cargo & Kraft Turbin Sverige AB, Ballard Power Systems Inc., Gilbert Gilkes & Gordon Ltd., Siemens AG, Mitsubishi Power Systems Americas Inc., Fuel Cell Energy, Inc., Calnetix Technologies, LLC, Toyota Turbine and Systems Inc., Caterpillar Power Generation Systems, LLC, Capstone Turbine Corporation, GUGLER Water Turbines GmbH, GE Energy Management, Inc., Rolls-Royce plc, Canyon Industries, Inc.