Italy Distributed Energy Generation Market Size & Outlook
Italy distributed energy generation market, 2016-2027 (US$M)
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Italy distributed energy generation market highlights
- The Italy distributed energy generation market generated a revenue of USD 9,779.2 million in 2019 and is expected to reach USD 22,044.0 million by 2027.
- The Italy market is expected to grow at a CAGR of 10.7% 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 9,779.2 million |
| Market revenue in 2027 | USD 22,044.0 million |
| Growth rate | 10.7% (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, Italy accounted for 4.0% 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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Italy 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 40.98% in 2019. Horizon Databook has segmented the Italy 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 Italy accounted for 12.41% in 2019 in terms of volume and is projected to grow at a CAGR of 9.8% during the forecast period. Italy is an attractive market for DEG in Europe.
The growing demand for DEG in the country is attributed to the shifting focus towards power generation through cleaner sources such as wind, solar, and others.
Government of Italy have come up with various government initiative and regulation to curb the greenhouse gas emission from power sector and hence more DEG projects are deployed in order to meet the countries target to reduce greenhouse gas emission.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy distributed energy generation market , including forecasts for subscribers. This country databook contains high-level insights into Italy distributed energy generation market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Italy distributed energy generation market size, by technology, 2016-2027 (US$M)
Italy Distributed Energy Generation Market Outlook Share, 2019 & 2027 (US$M)
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