Global Distributed Energy Generation (DEG) Market Installed Capacity Estimated To Grow by 120GW From 2014 To 2020: Grand View Research
The global market for Distributed Energy Generation (DEG) is expected to reach USD 179.65 billion by 2020, according to a new study by Grand View Research, Inc. DEG operates in off-grid or on-grid system by collecting energy from various small sources and distributes it to various end use industries. Increase in consumer awareness with regards benefits offered by DEG in terms of air pollution, climate changes and green house emission are expected to drive demand over the forecast period. In addition, low energy generation cost and economies of scale of DEG plants are expected to further augment the growth of the market.
To view full report with TOC, click http://www.grandviewresearch.com/industry-analysis/distributed-energy-generation-industry
Grid connected DEG was the largest application segment with a capacity of 101.07 GW in 2013 and expected to dominate the market on account of its direct connection to utility and low cost compared to off-grid DEG. However, due to high storage capability and continuous flow of energy, off-grid DEG plants are used in certain minor applications.
To request Free Sample of this report, click http://www.grandviewresearch.com/industry-analysis/distributed-energy-generation-industry/request
For the purpose of this study, Grand View Research has segmented the global Distributed Energy Generation (DEG) market on the basis of Technology, End-use, Application and Region:
• Distributed Energy Generation (DEG) Technology Outlook (Giga Watt; Revenue, USD Billion, 2012 - 2020)
• Combined Heat and Power (CHP)
• Fuel Cells
• Reciprocating Engines
• Solar PV Systems
• Wind Turbines
• Distributed Energy Generation (DEG) End Use Outlook (Giga Watt; Revenue, USD Billion, 2012 - 2020)
• Building & Institutions
• Commercial & Industrial
• Distributed Energy Generation (DEG) Application Outlook (Giga Watt; Revenue, USD Billion, 2012 - 2020)
• On Grid
• Off Grid
• Distributed Energy Generation (DEG) Regional Outlook (Giga Watt; Revenue, USD Billion, 2012 - 2020)
• North America
• Asia Pacific
To see more market research reports by Grand View Research, click http://www.grandviewresearch.com/ongoing-reports
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.
Corporate Sales Specialist, USA
Grand View Research, Inc
The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.