Market Size of Europe Distributed Power Generation Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 8.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Distributed Power Generation Market Analysis
Europe distributed power generation market is expected to grow at a CAGR of more than 8.5% during the forecast period of 2022 - 2027. The COVID-19 pandemic has no negative impact on the Europe distributed power generation market. Countries like United Kingdom, Sweden and Netherlands has witnessed increase in distributed solar installations. For instance, during Q1 2020, the United Kingdom distributed solar power facilities with a capacity range of 0kW-5MW witnessed no significant impact. Solar PV with a capacity of 0-4kW saw the highest growth during Q1 2020. Factors such as rising environmental concerns and government policies for incentives and tax benefits for solar panel installation, high cost of grid expansion are expected to be major drivers driving the market. Also, advancement in technology leading to solar panel manufacturing cost reduction and increase in efficiency have been a major factor for the growth of the Europe distributed power generation market. However, the widespread generation of electricity from nuclear power in the countries like Netherlands, Romania, and Slovakia is likely to hamper the growth of the market.
- Solar PV sector is expected to witness significant growth in the forecast period, owing to factors like increasing shift towards renewable energy for energy generation, lack of efficient and reliable central grids, and its favorable economic factors.
- Commercial and industrial sectors are showing a growing interest in distributed power generation, due to various economical benefits and constant source of energy to eliminate downtimes and equipment damage due to voltage fluctuations in conventional power grids. This have created a huge opportunity for distributed power generation market in the region.
- United Kingdom is expected to witness significant growth in the European distributed power generation market during the forecast period.
Europe Distributed Power Generation Industry Segmentation
The Europe distributed power generation market report includes:
| Technology | |
| Solar PV | |
| Wind | |
| Diesel Gensets | |
| Combined Heat and Power (CHP) | |
| Other Technologies |
| Geography | |
| Norway | |
| Germany | |
| Netherlands | |
| United Kingdom | |
| Italy | |
| Rest of Europe |
Europe Distributed Power Generation Market Size Summary
The Europe distributed power generation market is poised for substantial growth, driven by increasing environmental concerns and supportive government policies. The market is experiencing a surge in distributed solar installations, particularly in countries like the United Kingdom, Sweden, and the Netherlands. The advancement in solar technology, which has led to reduced manufacturing costs and improved efficiency, is a significant factor propelling market expansion. Despite the dominance of nuclear power in some regions, such as the Netherlands, Romania, and Slovakia, the solar photovoltaic (PV) sector remains the most popular form of distributed power generation due to its economic viability and government incentives. The market's growth is further supported by the shift towards renewable energy and the need for reliable energy sources in commercial and industrial sectors, which are increasingly adopting distributed power generation to mitigate downtime and voltage fluctuations.
The United Kingdom is expected to lead the European distributed power generation market, bolstered by favorable government policies and a growing awareness of solar power's benefits. The country has seen significant installations of solar PV systems, both ground-mounted and rooftop, across commercial, industrial, and residential segments. Initiatives like the Berlin Solar Act and the French aid scheme are indicative of the region's commitment to expanding solar capacity. These policies, along with the potential for rooftop solar installations, highlight Europe's strategic focus on enhancing its distributed power generation infrastructure. The market is moderately fragmented, with key players such as Engie SA, Maxeon Solar Technologies, and EDF Renewables contributing to its development.
Europe Distributed Power Generation Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Europe Distributed Power Installed Capacity and Forecast in MW, till 2027
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1.3 Government Policies and Regulations
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1.4 Recent Trends and Developments
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitutes Products and Services
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Technology
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2.1.1 Solar PV
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2.1.2 Wind
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2.1.3 Diesel Gensets
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2.1.4 Combined Heat and Power (CHP)
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2.1.5 Other Technologies
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2.2 Geography
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2.2.1 Norway
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2.2.2 Germany
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2.2.3 Netherlands
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2.2.4 United Kingdom
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2.2.5 Italy
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2.2.6 Rest of Europe
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Europe Distributed Power Generation Market Size FAQs
What is the current Europe Distributed Power Generation Market size?
The Europe Distributed Power Generation Market is projected to register a CAGR of greater than 8.5% during the forecast period (2024-2029)
Who are the key players in Europe Distributed Power Generation Market?
Engie SA, Maxeon Solar Technologies, Ltd., EDF Renewables, Compagnie de Saint-Gobain S.A and WAGNER SOLAR GMBH are the major companies operating in the Europe Distributed Power Generation Market.
