Europe Distributed Energy Generation Market Size & Outlook
Europe distributed energy generation market, 2016-2027 (US$M)
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Europe distributed energy generation market highlights
- The Europe distributed energy generation market generated a revenue of USD 73,600.4 million in 2019.
- The market is expected to grow at a CAGR of 11.5% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2020 to 2027.
Europe data book summary
| Market revenue in 2019 | USD 73,600.4 million |
| Market revenue in 2027 | USD 176,395.3 million |
| Growth rate | 11.5% (CAGR from 2019 to 2027) |
| Largest segment | Fuel cells |
| Fastest growing segment | Solar Photovoltaic |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 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, Europe region accounted for 30.3% of the global distributed energy generation market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 292,667.0 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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Europe 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 41.4% in 2019. Horizon Databook has segmented the Europe 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.
The demand for the distributed energy generation technology in the Europe is largely driven by the Germany, UK and Italy. Rising population coupled with increasing demand for energy efficient and clean power generation is expected to propel the market for DEG in the region.
The European region has been very active in the R&D efforts related to clean and energy efficient power generations. Availability of funding in European Union for energy conservation and energy efficiency projects has been one of the major factors driving the growth of the region.
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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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe distributed energy generation market , including forecasts for subscribers. This continent databook contains high-level insights into Europe distributed energy generation market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Europe distributed energy generation market size, by country, 2016-2027 (US$M)
Europe Distributed Energy Generation Market Outlook Share, 2019 & 2027 (US$M)
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