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Market Size -$ 113.53 bn in 2013, Market Growth - CAGR of 6.8%, Market Trends Growing energy demand in Asia to drive growth new report by Grand View Research. View complete report with TOC - http://www.grandviewresearch.com/industry-analysis/distributed-energy-generation-industry.
San Francisco, California (PRWEB) June 27, 2014
The global market for Distribution Energy Generation (DEG) is expected to reach USD 179.65 billion by 2020, according to a new study by Grand View Research, Inc. DEG operates in off-grid or on-grid system by collecting energy from various small sources and distributes it to various end use industries. Increase in consumer awareness with regards benefits offered by DEG in terms of air pollution, climate changes and green house emission are expected to drive demand over the forecast period. In addition, low energy generation cost and economies of scale of DEG plants are expected to further augment the growth of the market.
Grid connected DEG was the largest application segment with a capacity of 101.07 GW in 2013 and expected to dominate the market on account of its direct connection to utility and low cost compared to off-grid DEG. However, due to high storage capability and continuous flow of energy, off-grid DEG plants are used in certain minor applications
The report Distribution Energy Generation(DEG) Market (On grid, Off grid) Analysis By Technology CHP, Solar PV, Wind Turbine, Fuel Cells), By End Use (Residential, Buildings & Institutions, Commercial & Industrial) And Segment Forecasts To 2020, is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/distributed-energy-generation-industry.
Request free sample of this report at http://www.grandviewresearch.com/industry-analysis/distributed-energy-generation-industry/request.
Further key findings from the study suggest:
Browse all reports of this category at http://www.grandviewresearch.com/industry/construction-and-utilities.
For the purpose of this study, Grand View Research has segmented the global Distributed Energy Generation (DEG) market on the basis of Technology, End-use, Application and Region:
Browse all ongoing reports of Grand View Research at http://www.grandviewresearch.com/ongoing-reports.
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The global market for phytosterols is expected to reach USD 989.8 million by 2020, according to a new study by Grand View Research, Inc. Phytosterols are widely used as additives in food products such as dairy, sausages, cold cuts, etc. One of the major drivers for the growth of phytosterols market is the favorable regulatory scenario, promoting their use in functional foods and nutraceuticals. In addition, proven ability of phytosterols, to reduce cardiovascular disorders is also expected to have positive impact on market demand.
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About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.
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Grand View Research, Inc
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