China Distributed Energy Generation Market Size & Outlook
China distributed energy generation market, 2016-2027 (US$M)
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China distributed energy generation market highlights
- The China distributed energy generation market generated a revenue of USD 65,815.9 million in 2019 and is expected to reach USD 162,553.7 million by 2027.
- The China market is expected to grow at a CAGR of 12% from 2020 to 2027.
- In terms of segment, fuel cells was the largest revenue generating technology in 2019.
- Solar Photovoltaic is the most lucrative technology segment registering the fastest growth during the forecast period.
Distributed energy generation market data book summary
| Market revenue in 2019 | USD 65,815.9 million |
| Market revenue in 2027 | USD 162,553.7 million |
| Growth rate | 12% (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 |
Other key industry trends
- In terms of revenue, China accounted for 27.1% of the global distributed energy generation market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China distributed energy generation market is projected to lead the regional market in terms of revenue in 2027.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 162,553.7 million by 2027.
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Distributed Energy Generation Market Scope
Distributed Energy Generation Market Companies
| Name | Profile | # Employees | HQ | Website |
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China distributed energy generation market outlook
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 49.71% in 2019. Horizon Databook has segmented the China 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.
China accounted for the largest market share in 2019 in the Asia Pacific region and is projected to register significant CAGR during the forecast period. Chinese government has been actively investing in the energy efficient power generation.
They have also opened channels for foreign investment in the country, which is expected to propel the DEG market in the region. Moreover, China has the worst air quality in the world as compared to other countries, following which numerous regulatory policies have been implemented to curb carbon emissions.
China has been heavily dependent on coal; however, coal consumption in this region has witnessed a declining trend from 2013 to 2016 as the country committed its stance in steering the fight against global warming and carbon emissions. There is a progressive rise in gas turbine installations, primarily in medium and large-scale industries present in the country.
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Our clientele includes a mix of distributed energy generation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China distributed energy generation market , including forecasts for subscribers. This country databook contains high-level insights into China distributed energy generation market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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China distributed energy generation market size, by technology, 2016-2027 (US$M)
China Distributed Energy Generation Market Outlook Share, 2019 & 2027 (US$M)
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