Global Distributed Energy Generation Systems Market | Analysis by Top Vendors, Regions and Revenue Forecast to 2023


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The distributed energy generation system market is growing with a considerable rate due to increasing awareness among consumers about reducing carbon footprint, standard shift in generation of energy to green technology, and government incentive schemes.

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Europe leads the distributed energy generation system market due to financial support by the local governments in the region and investments by the distributed energy generation manufacturers.
On the basis of technology, the distributed energy generation system market can be categorized as micro turbine, combined heat and power (CHP), solar photovoltaic, wind turbine, fuel cell and reciprocating engines.

Based on end users, the distributed energy generation system market can be categorized as buildings and institutions, residential, and commercial and industrial. Some of the factors driving the growth of the distributed energy generation system market are retooled feed in tariff (fit) and government initiatives towards distributed energy generation.

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The major competitors in the distributed energy generation system market include Cargo & Kraft Turbin Sverige AB, Ballard Power Systems Inc., Gilbert Gilkes & Gordon Ltd., Siemens AG, Mitsubishi Power Systems Americas Inc., Fuel Cell Energy, Inc., Calnetix Technologies, LLC, Toyota Turbine and Systems Inc., Caterpillar Power Generation Systems, LLC, Capstone Turbine Corporation.

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