Distributed Energy Generation Market Research Report 2020 by Size, Share, Trends, Growth, Recent Demand, Industry Analysis, Insights, Outlook and Forecasts 2027
Market Size – USD 232.60 billion in 2019, Market Growth - CAGR of 11.1%, Market Trends –Growing environmental awareness The global Distributed Energy Generation Market is expected to reach USD 536.56 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed due to the growing environmental awareness among consumers and supportive government policies regarding the increase of DEG installations by industrial & commercial applications or by residential. Increasing research and development for the technological advancement of the products is augmenting the demand for the industry. The pandemic has disrupted the supply chain and raw material supplies. As people are facing a financial crisis, they are curbing their expenses, which can adversely affect the industry. Additionally, many companies are withdrawing their investments, and the government of several countries is cutting down the incentives provided by them earlier, which are