The distributed generation market is expected to grow from an estimated USD 60.04 Billion in 2017 to USD 103.38 Billion by 2022, at a CAGR of 11.48%. The market is set to witness growth, due to increasing mandates to reduce global greenhouse gas emissions and rising demand for electricity from the industrial, commercial, and residential sectors.
Market Overview:
The global Distributed Generation Market is estimated to be valued at US$ 83.9 Billion in 2021 and is projected to reach US$ 202.7 Billion by 2022, with a CAGR of 10.43% during the forecast period 2022-2030, according to Coherent Market Insights. Distributed generation refers to the generation of electricity from small-scale power sources located near the end-users. These sources include renewable energy systems, combined heat and ... Read more
