Market revenue in 2019 | USD 13,634.9 million |
Market revenue in 2027 | USD 32,836.1 million |
Growth rate | 11.6% (CAGR from 2019 to 2027) |
Largest segment | Fuel cells |
Fastest growing segment | Solar Photovoltaic |
Historical data | 2016 - 2018 |
Base year | 2019 |
Forecast period | 2020 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Wind Turbine, Reciprocating Engines, Fuel Cells, Solar Photovoltaic, Gas & Steam Turbines |
Key market players worldwide | Vestas Wind Systems A/S, Caterpillar Inc, Ballard Power Systems Inc, Rolls-Royce Holdings PLC, GE Aerospace, Siemens AG, Schneider Electric SE, Sharp Corp, First Solar Inc, Mitsubishi Electric Corp, Toyota Motor Corp, Doosan Heavy Industries & Construction, Suzlon Energy, Capstone Green Energy, ENERCON |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to distributed energy generation market will help companies and investors design strategic landscapes.
Fuel cells was the largest segment with a revenue share of 40.17% in 2019. Horizon Databook has segmented the Australia distributed energy generation market based on wind turbine, reciprocating engines, fuel cells, solar photovoltaic, gas & steam turbines covering the revenue growth of each sub-segment from 2016 to 2027.
Distributed energy generation market in Australia has developed at a tremendous rate and is growing at significant rate as compared to rest of the countries in Asia Pacific region on account of strong government support and strategic market focus.
Technological developments have played the most crucial role in the advancement of DEG technology in Australia. Moreover, factors such as government policies for energy efficient and clean power generation coupled with growing environmental concerns owing to the growing green- house gas emission, are expected to propel the market DEG in Australia during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia distributed energy generation market , including forecasts for subscribers. This country databook contains high-level insights into Australia distributed energy generation market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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