Global Distributed Energy Generation (DEG) Systems Market Report 2020-2027 with Short-term Impact of COVID-19 on Production and Procurement for 2020 & 2021
Dublin, Dec. 30, 2020 (GLOBE NEWSWIRE) -- The "Distributed Energy Generation (DEG) Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Distributed Energy Generation (DEG) Systems Market to Reach $648.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Distributed Energy Generation (DEG) Systems estimated at US$250.1 Billion in the year 2020, is projected to reach a revised size of US$648.5 Billion by 2027, growing at a CAGR of 14.6% over the analysis period 2020-2027. W
ind Turbine, one of the segments analyzed in the report, is projected to record a 16.4% CAGR and reach US$230.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Reciprocating Engines segment is readjusted to a revised 9.1% CAGR for the next 7-year period.
The U. S. Market is Estimated at $74 Billion, While China is Forecast to Grow at 13.9% CAGR
The Distributed Energy Generation (DEG) Systems market in the U. S. is estimated at US$74 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$111.9 Billion by the year 2027 trailing a CAGR of 13.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.9% and 12.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.5% CAGR.
Fuel Cells Segment to Record 11% CAGR
In the global Fuel Cells segment, USA, Canada, Japan, China and Europe will drive the 10.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.4 Billion in the year 2020 will reach a projected size of US$15.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$76.8 Billion by the year 2027.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Alstom SA
Capstone Turbine Corporation
Caterpillar, Inc.
E. ON SE
GE Energy
Mitsubishi Hitachi Power Systems Ltd.
Siemens Energy
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Distributed Energy Generation (DEG) Systems Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Current & Future Analysis for Distributed Energy Generation (DEG) Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
TABLE 2: World Historic Review for Distributed Energy Generation (DEG) Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
TABLE 3: World 15-Year Perspective for Distributed Energy Generation (DEG) Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
Distributed Energy Generation (DEG) Systems Market Share (in %) by Company: 2019 & 2025
Market Analytics
Current & Future Analysis for Distributed Energy Generation (DEG) Systems by Technology - Wind Turbine, Reciprocating Engines, Fuel Cells, Solar Photovoltaic and Gas & Steam Turbines - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
Historic Review for Distributed Energy Generation (DEG) Systems by Technology - Wind Turbine, Reciprocating Engines, Fuel Cells, Solar Photovoltaic and Gas & Steam Turbines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
15-Year Perspective for Distributed Energy Generation (DEG) Systems by Technology - Percentage Breakdown of Value Sales for Wind Turbine, Reciprocating Engines, Fuel Cells, Solar Photovoltaic and Gas & Steam Turbines for the Years 2012, 2020 & 2027
Current & Future Analysis for Distributed Energy Generation (DEG) Systems by End-Use - Residential and Commercial & Industrial - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
Historic Review for Distributed Energy Generation (DEG) Systems by End-Use - Residential and Commercial & Industrial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
15-Year Perspective for Distributed Energy Generation (DEG) Systems by End-Use - Percentage Breakdown of Value Sales for Residential and Commercial & Industrial for the Years 2012, 2020 & 2027
IV. COMPETITION
Total Companies Profiled: 46
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