Germany Distributed Energy Generation Market Size & Outlook
Germany distributed energy generation market, 2016-2027 (US$M)
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Germany distributed energy generation market highlights
- The Germany distributed energy generation market generated a revenue of USD 13,207.2 million in 2019 and is expected to reach USD 32,160.5 million by 2027.
- The Germany market is expected to grow at a CAGR of 11.8% 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 13,207.2 million |
| Market revenue in 2027 | USD 32,160.5 million |
| Growth rate | 11.8% (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, Germany accounted for 5.4% 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 Europe, Germany distributed energy generation market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 32,160.5 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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Germany 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 40.25% in 2019. Horizon Databook has segmented the Germany 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.
Germany is among the leading markets for DEG in the European region. In November 2016, Climate Action Plan 2050 was adopted by the government of Germany. With this Germany became first amongst the Paris Agreement participant to submit low greenhouse gas emission development strategy to the United Nation.
The plan was designed to achieve the goals and targets that the country pledged in the Paris Agreement with an aim to achieve global greenhouse gas neutrality in 2050. One of the major longterm goals of Germany is to become a neutral nation in terms of greenhouse gas emissions by 2025.
One of the key aspects of the plan is the restructuring of energy sector, as till 2014 the energy sector accounted for more than 40% of Germany’s greenhouse gas emissions. With climate action plan government aims to decarbonized energy supply by 2050.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany distributed energy generation market , including forecasts for subscribers. This country databook contains high-level insights into Germany distributed energy generation market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Germany distributed energy generation market size, by technology, 2016-2027 (US$M)
Germany Distributed Energy Generation Market Outlook Share, 2019 & 2027 (US$M)
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