DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9tkn88/global) has announced the addition of the "Global Distributed Energy Generation Technologies Market 2015-2019" report to their offering.
The Global Distributed Energy Generation Technologies market to grow at a CAGR of 10.6% over the period 2014-2019
Increased construction of smart grids is one of the key trends upcoming in this market. Emergence of smart grids is facilitating the growth of many smart-grid-related technologies, which include distributed energy generation technologies.
According to the report, power blackouts have increased significantly in recent times, which is one of the factors driving the growth of this market. As a result various power utilities and end-users have started to adopt distributed energy generation technologies to increase the reliability of power grids.
Further, the report states that higher implementation costs are hindering market growth. Microgrid users are required to invest huge amounts in the installation of distributed energy generation systems. Consequently, various vendors and end-users have developed a reluctance to adopt these systems. High initial costs are attributed to the fact that the industry is yet to mature and standardize. Reluctance among end-users to adopt distribution energy storage systems has had an effect on the overall demand for these systems.
The Global Distributed Energy Generation Technologies market can be segmented into six divisions:
- Solar PV
- CHP
- Fuel Cells
- Micro Turbines
- Wind
- Others
Key Vendors
- Ballard Power Systems
- First Solar
- FuelCell Energy
- General Electric Energy
- Ingersoll-Rand
For more information visit http://www.researchandmarkets.com/research/9tkn88/global
