Distributed Generation Market is expected to reach USD 166.8 Billion by 2026 from USD XX Billion in 2018 at a CAGR of XX % . It is an electrical generation and storage performed by a variety of small, grid-connected devices referred to as distributed energy resources (DER) it plays an important role in the electric power distribution system. The Distributed Generation Market based on technology has been segmented into solar PV, wind, microturbines, reciprocating engines, fuel cells, and gas turbines. Solar PV formed one of the major contributors for the market growth. There is increasing adoption of solar PV technology for power generation due to decreasing costs of solar installations and greenhouse gas emissions restrictions. Based on application, the market has been segmented into on-grid and off-grid systems. The on-grid applications formed one of the major contributors to the market growth. Based on end-user, the market has been segmented into industrial, commercial and residential segments. The commercial segment is expected to be one of the major contributors to the distributed generation market.
Name : Aarti
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