Global Distributed Generation (DG) Strategic Analysis Report 2023: Market to Reach $615.9 Billion by 2030 from $245.8 Billion in 2022 - Natural Gas Emerges as a Game-Changer


Dublin, Aug. 14, 2023 (GLOBE NEWSWIRE) -- The "Distributed Generation (DG): Global Strategic Business Report" report has been added to's offering.

Global Distributed Generation (DG) Market to Reach $615.9 Billion by 2030

The global market for Distributed Generation (DG) estimated at US$245.8 Billion in the year 2022, is projected to reach a revised size of US$615.9 Billion by 2030, growing at a CAGR of 12.2% over the analysis period 2022-2030.

Fuel Cells, one of the segments analyzed in the report, is projected to record a 11% CAGR and reach US$92.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Solar Pv Cells segment is readjusted to a revised 14.2% CAGR for the next 8-year period.

The analysis spans from 2022 to 2030 and covers key regions including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The report includes independent analysis of annual revenues for the years 2022 through 2030, along with a detailed examination of the Compound Annual Growth Rate (CAGR) for the specified timeframe.

Furthermore, the report offers an in-depth exploration of the DG market's trajectory by presenting an 8-year perspective for the years 2023 and 2030. This perspective provides a percentage breakdown of value revenues across different geographic regions, allowing for a comprehensive understanding of the market landscape over time.

The analysis is segmented by various technologies, including Fuel Cells, Solar PV Cells, Wind Turbines, Gas & Steam Turbines, Reciprocating Combustion Engines, and Other Technologies. Each technology's independent analysis of annual revenues for the years 2022 through 2030 and respective CAGR is presented.

The U.S. Market is Estimated at $38.8 Billion, While China is Forecast to Grow at 16.5% CAGR

The Distributed Generation (DG) market in the U.S. is estimated at US$38.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$178.8 Billion by the year 2030 trailing a CAGR of 16.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 8.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.

Looking Ahead to 2023

Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth.

Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year.

Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages548
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$245.8 Billion
Forecasted Market Value (USD) by 2030$615.9 Billion
Compound Annual Growth Rate12.2%
Regions CoveredGlobal

Key Topics Covered:


  • Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • COVID-19 Impact, Market Reset & the New Normal: Beyond the Current Challenges, The Pandemic Will Fuel Energy Transition
  • Recommendations for the Power & Energy Sector in the Post-Pandemic Era
  • The Pandemic Speeds up Demand Side Management Application through DERs
  • Distributed Generation: A Prelude
  • Types of Distributed Generation Resources
  • Major Distributed Generation Technologies with Typical Installed Capacity Range
  • Categorization of Distributed Generation Technologies by Capacity Installations
  • Fuel Cells
  • Solar Photovoltaic (PV) Systems
  • Distributed Wind Turbines
  • Gas Turbines
  • Reciprocating Engines
  • Microturbines
  • Microhydroelectric Generators
  • Distributed Power Generation: A Game Changer for the Electric Power Industry
  • Solar Photovoltaic Technology Leading the Growth Run
  • Commercial Segment: Largest End Use Market
  • Europe: The Largest Regional Market
  • Developing Regions Exhibit Fast Paced Growth
  • World Distributed Generation Market (2021 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
  • World Distributed Generation Market: Geographic Regions Ranked by CAGR (Revenues) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Europe, USA, Canada, and Japan
  • Key Trends in the Distributed Energy Resources Market
  • Major Factors Driving Deployment of Distributed Generation in Developed and Developing Economies
  • Environmental Benefits
  • Utility Benefits
  • Reliability and Energy Security Benefits
  • Grid Expansion and Equipment Benefits
  • Favorable Government Regulations and Policies: Critical for Market Penetration
  • Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries
  • Distributed Solar: The High Growth Segment
  • Growing Interest in Distributed Fuel Cell Generation Systems to Benefit Stationary Fuel Cells
  • SOFCs: Ideal for Distributed Power Generation
  • Natural Gas Offers Significant Opportunities in Distributed Generation of Electricity
  • Reciprocating Combustion Engines (RCEs) Apt for Flexible Peaking
  • Growing Prominence of Distributed Power Generation Benefits Market Prospects for Combustion Turbines
  • Distributed Power Technologies: Brief Details on Power Technology, Size Range, Power Efficiency Range, Fuel Options and Applications
  • Micro Turbines Witness Increasing Deployment in Distributed Energy Generation
  • Competitive Scenario
  • Recent Market Activity
  • Select Global Brands
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)


  • Robust Demand for Electricity Closer to the Point of Consumption Drives Proliferation of DG Technologies
  • Inefficiencies in Traditional Power Generation Model: Foundation for Market Growth
  • High DG Penetration in the Long Run to Lead to Utility Companies' 'Death Spiral'
  • Growing Focus on Renewable Energy: A Strong Growth Driver
  • Leading Wind Power Countries Worldwide: Ranking Based on Key Wind Power Facts
  • Global Investments (US$ Billion) in Renewable Energy by Source: 2018
  • World Installed Base of Wind Energy (in Megawatts) by Geographic Region: 2018, 2021 & 2024
  • Smart Grids to Complement Integration of DG Resources in Electric Utility Network
  • Innovative Application of Smart Grid in Enabling Energy Security
  • Distributed Generation: A Key Enabler of Smart Cities
  • Number of Smart Cities Worldwide by Geographic Region (2025E)
  • Microgrids and Distributed Generation Transform Electricity Management Forever
  • DG Prosumers Continue to Depend on Utility Grids, Equitable Cost Sharing a Major Priority
  • Virtual Power Plants (VPPs): The DG Technology with Tremendous Growth Potential
  • Affordable, Efficient Energy Storage Technologies to Magnify the Disruptive Effect of DG
  • Commercialization of Stationary Fuel Cells to Revolutionize DG Market
  • Solar PV Attains Grid Parity: A Major Milestone for DG
  • Surging Demand from Telecom Network Operators Augurs Well for the DG Market
  • Favorable Demographic and Urbanization Trends Strengthens Market Prospects
  • Rapid Urbanization: A Mega Growth Driver for Distributed Generation
  • Key Challenges Hampering Large Scale Deployment of Distributed Generation
  • Technical Barriers
  • Lower Energy-Efficiency, Higher Costs of DG Equipment


  • ABB Limited
  • Ameresco, Inc.
  • Ansaldo Energia S.p.A.
  • Bergey WindPower Company
  • Bloom Energy Corporation
  • Canadian Solar Inc.
  • Capstone Green Energy Corporation
  • Caterpillar, Inc.
  • Clarke Energy
  • Cummins, Inc.
  • E.ON SE
  • Emergya Wind Technologies B.V.
  • Flex Energy Solutions
  • FuelCell Energy, Inc.
  • GE Power
  • Huawei Technologies Co., Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • Schneider Electric
  • Siemens AG
  • SMA Solar Technology AG
  • Vestas Wind Systems A/S
  • Wartsila Corporation

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Global Market for Distributed Generation (DG)

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