Market revenue in 2019 | USD 2,750.0 million |
Market revenue in 2027 | USD 4,680.5 million |
Growth rate | 6.9% (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 49.73% in 2019. Horizon Databook has segmented the Brazil 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.
Brazil distributed energy generation market is one of the prominent markets in the Central & South America region. Brazil is the largest South American economy and is a part of BRICS. Brazil is facing major power crises owing to which government is taking various initiatives to tap the solar energy market in the country.
As Brazil has an advantage of high solar radiation index which proves that solar resources possess a potential that can be utilized, owing to which solar industry is expected to grow in coming years, which is expected to drive distributed energy generation through solar PV technology in coming years.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil distributed energy generation market , including forecasts for subscribers. This country databook contains high-level insights into Brazil distributed energy generation market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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