Distributed Solar Power Generation Market report provides emerging opportunities in the market and the future impact of major drivers and challenges and, support decision makers in making cost-effective business decisions. Distributed Solar Power Generation Market analyse factors that effect demand for Distributed Solar Power Generation, driving factors, trends, and challenges faced by industry vendors, regional analysis, Segment by Type, Applications of whole Distributed Solar Power Generation industry.
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Description of Distributed Solar Power Generation Market: The global distributed solar power generation market is expected to register significant growth during the forecast period of 2018-2023. The major factors driving the market are – rapidly increasing adaptation of solar energy and government incentives by various countries to promote renewable energy. However, the lack of distribution infrastructure is expected to hinder the market’s growth.
Distributed generation (DG) refers to the electricity that is produced at or near the point where it is used. Distributed solar energy can be located on rooftops or ground-mounted, and is typically connected to the local utility distribution grid. States, cities, and towns are experimenting with policies to encourage distributed solar, to offset peak electricity demand and stabilize the local grid.
With the panel costs dropping significantly over the past 10 years and the adoption at an all-time high, the analogy between the two seems even more apt. Similar to the massive mainframe disruption produced by personal computing, distributed generation has already begun to challenge the centralized solar model favored by utilities, with no end in sight. Distributed solar power generation not only provides cheap power but also provides incentive to earn money, by trading energy saving certificates.
Growing Adaptation of Rooftop Solar Energy Driving the Market
The renewable energy drive has boosted the growth potential of the distributed solar power generation. Countries, such as the United States, China, India, Thailand, the Philippines, Singapore, etc., are rapidly increasing their solar power capacities. A handful of the most progressive utilities, such as Sempra, Duke, PGE, SMUD, and Integrys are already embracing the change and finding ways to make profits from generating their own electricity, through unregulated subsidiaries. Feed-in tariff (FiT) schemes are also boosting the demand for distributed solar power generation.
Lack of Distribution Infrastructure May Affect the Growth
While distributed solar generation offers lucrative benefits, adaptation to new business models is only the first step. The large solar business process templates of the yesteryears relied on large teams with unlimited resources, budgets, and status-quo business processes. Now, with the shift toward small- to mid-sized projects, the high cost of diligence and lack of standardization are hindering processes related to projects.
Asia-Pacific, one of the rapidly emerging markets for distributed solar power generation, is expected to face challenges, as countries, such as China, India, and Philippines, etc., are facing a lack of proper distribution network in the countries. This is expected to significantly affect the market studied.
Asia-Pacific to Witness Positive Growth
With the rising pollution concerns across the world due to industrialization, especially in Asia-Pacific, the regional solar power generation has gained considerable momentum. Moreover, various government initiatives, such as incentives and energy saving certificates by the governments in India, China, Malaysia, and Thailand, are also expected to encourage commercial units to adapt to distributed solar power generation during the forecast period.
Recognizing the shift from utility to distribution grid, companies, such as NextEra acquired Smart Energies, to enhance their position in the market studied. Although it is a smart first step, acquisition alone does not solve the cost of diligence, project acquisition, and financing. New business models require different templates.
The major players include – Wuxi Suntech Power Co. Ltd, SolarCity Corporation, Sharp Solar Energy Solutions Group, JinkoSolar Holding Co. Ltd, and Canadian Solar Inc., amongst others.
Global Distributed Solar Power Generation Market: Manufacturers Segment Analysis (Company and Product introduction, Distributed Solar Power Generation Sales Volume, Revenue, Price and Gross Margin):
Distributed Solar Power Generation Market report passes on a fundamental overview of the Market including its definition, applications and advancement. Furthermore, the Industry report investigates the ecumenical Major Distributed Solar Power Generation Market players in detail. Distributed Solar Power Generation Market report gives key bits of Cautiousnessand subsisting status of the Players and is a basic Source obviously and heading for Companies and people energized by the Industry.
Reasons to Purchase this Report
The Global demand for Distributed Solar Power Generation Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to come up between 2018 and 2025 compared to a few years ago, signifying the rapid pace of change.
Distributed Solar Power Generation Market Historic Data (2012-2018):
- Industry Trends: Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Distributed Solar Power Generation Market Forecast (2018-2025):
- Market Size Forecast: Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
Distributed Solar Power Generation Market Influencing Factors:
- Market Environment: Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
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In addition, company-to-company comparison (Company benchmarking) and product-to-product comparison (Product benchmarking) are included in the research work. It presents key competitive factors that are vital for companies to excel in challenging market conditions.