Global Distributed Energy Resources (DERs) Market Growth (Status and Outlook) 2023-2029

Global Distributed Energy Resources (DERs) Market Growth (Status and Outlook) 2023-2029

Distributed Energy Resources (DERs) is electrical generation and storage performed by a variety of small, grid-connected or distribution system-connected devices. Different from conventional power station, DER systems are decentralized, modular, and more flexible technologies that are located close to the load they serve. DER systems typically use renewable energy sources, including small hydro, biomass, biogas, solar power, wind power, and geothermal power, and increasingly play an important role for the electric power distribution system. This report introduced distributed energy generation equipment and energy storage equipment, engineering services and software are not included.
LPI (LP Information)' newest research report, the “Distributed Energy Resources (DERs) Industry Forecast” looks at past sales and reviews total world Distributed Energy Resources (DERs) sales in 2022, providing a comprehensive analysis by region and market sector of projected Distributed Energy Resources (DERs) sales for 2023 through 2029. With Distributed Energy Resources (DERs) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Distributed Energy Resources (DERs) industry.
This Insight Report provides a comprehensive analysis of the global Distributed Energy Resources (DERs) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Distributed Energy Resources (DERs) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Distributed Energy Resources (DERs) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Distributed Energy Resources (DERs) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Distributed Energy Resources (DERs).
The global Distributed Energy Resources (DERs) market size is projected to grow from US$ 41900 million in 2022 to US$ 50480 million in 2029; it is expected to grow at a CAGR of 2.7% from 2023 to 2029.
Global Distributed Energy Resources (DERs) includes GE, Siemens, Vestas, etc. Global top three companies hold a share over 30%. Asia-Pacific is the largest market, with a share about 60%, followed by Europe and North America with the share about 20% and 15%.
This report presents a comprehensive overview, market shares, and growth opportunities of Distributed Energy Resources (DERs) market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Wind DERs
PV DERs
Segmentation by application
Commercial
Residential
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE
Siemens
Vestas
Goldwind
Envision
LONGi
JinkoSolar
DRAX
JA Solar
Trina Solar
Canadian Solar
Hanwha Solutions
Risen Energy
First Solar
Enel Group
Ørsted
NEC
Chint Electrics
Schneider Electric
Caterpiller
SunPower
Seraphim
LG Business Solutions
Jinergy
Jolywood
Solargiga
Shunfeng
EGing PV
Cummins
Tangshan Haitai
HT-SAAE
Talesun Solar
GCL System

Please note: The report will take approximately 2 business days to prepare and deliver.