Distributed Generation Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Distributed Generation Market Size Analysis and Top Companies

The global distributed generation market size is estimated to hit around USD 712.60 billion by 2032 increasing from USD 226.20 billion in 2023, with a CAGR of 13.60% between 2023 and 2032. The top companies in the distributed generation are Siemens, General Electric, Mitsubishi, Schneider, Caterpillar Power Plants, Doosan Fuel Cell America, Vestas Wind Systems A/S, Rolls-Royce Power Systems AG, Toyota Turbine and Systems Inc., Capstone Turbine Corporation.

Market Report Coverage

Distributed Generation Key Players

• Siemens
• General Electric
• Mitsubishi
• Schneider
• Caterpillar Power Plants
• Doosan Fuel Cell America
• Vestas Wind Systems A/S
• Rolls-Royce Power Systems AG
• Toyota Turbine and Systems Inc.
• Capstone Turbine Corporation

Recent Developments

The distributed generation market is moderately fragmented with the presence of several local companies. These market players are competing to strengthen their market position by adopting strategies, such as partnerships, acquisitions, new product launches, and collaborations. Companies are also spending on the development of enhanced and efficient products. Moreover, they are also focusing on maintaining competitive pricing.

• In July 2019, FuelCell Energy reported regarding its plan to re-launch sub-MW distributed generation system in European countries such as Germany, Spain, UK, and Italy.
• In June 2019, Ameresco completed its project named 10MW Distributed Energy Security that involved a cost of US$91 million. This system has the capability to withstand seismic and storm conditions.
• In June 2019, Cummins, Inc. started supplying gas generators for producing 5000MW energy to supply power to the UK National Grid.

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