Distributed Generation Market to $752 Billion by 2032 Propelled by Clean Energy Policies, Grid Resilience, and Cost Declines

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Industry Experts, Inc. has published a new market research report, "Distributed Generation (DG) - A Global Market Overview," estimating that worldwide DG revenues will rise from US$327.2 billion in 2025 to US$751.6 billion by 2032, registering a CAGR of 12.6% during 2025-2032. Demand is accelerating as countries pursue net-zero goals, utilities harden their grids, and end users seek cost-effective, low-carbon power close to the point of consumption.

Market growth is underpinned by electrification across industries and mobility, falling levelized costs for solar, wind, and storage, and supportive policies including tax credits, feed-in tariffs, and net-metering frameworks. Rapid advances in DER orchestration, microgrids, and EV integration are improving reliability and enabling localized balancing, while digital controls and analytics optimize asset performance. Headwinds include upfront capex, grid interconnection constraints, and financing gaps in developing regions; however, improving paybacks, modular architectures, and innovative business models continue to broaden adoption.

Regionally, Asia-Pacific leads the global DG market with an estimated 42.9% share in 2025 and is also the fastest-growing region, poised to expand at nearly 15% CAGR through 2032. Scale effects in rooftop solar, strong industrial demand in China and India, and supportive national targets for carbon neutrality and renewable additions are accelerating uptake across urban and remote settings. Grid-modernization investments, storage pairing, and resilient microgrids are further catalyzing deployments across the region.

By technology, Solar Photovoltaic (PV) Cells remain the largest segment with an estimated 42.9% share in 2025, benefiting from sustained module cost declines, broad policy support, and high modularity from sub-5 kW rooftops to multi-MW sites. Fuel Cells are projected to grow the fastest at 15.6% CAGR during 2025-2032 as hydrogen ecosystems scale and mission-critical facilities adopt continuous, low-emission power. By power rating, 5 kW-250 kW systems dominate today given their fit for residential, commercial, and light-industrial loads, while Below 5 kW systems post the quickest growth at 15.3% CAGR on the back of rooftop solar and off-grid electrification models. On-Grid applications account for the bulk of installations with a 73.3% share in 2025 and the fastest trajectory at 14.5% CAGR as incentives favor grid-tied exports and credits. Among end-use sectors, Industrial leads with an estimated 35% share in 2025, while Residential is set to expand the quickest at 13.2% CAGR as households adopt rooftop PV and batteries for savings and resilience.

The report segments the global DG market by technology (Fuel Cells, Micro Turbines, Reciprocating Engines, Solar PV Cells, Wind Turbines, Other Technologies including Combustion Turbines, CHP, Gas & Steam Turbines, Micro-Hydro), power rating (Below 5 kW; 5 kW-250 kW; 250 kW-1 MW; Above 1 MW), application (Off-Grid; On-Grid), and end-use sector (Commercial; Industrial; Residential). Geographic coverage spans North America, Europe, Asia-Pacific, South America, and Middle East & Africa, with analysis for 15 independent countries. The study profiles 20+ companies including Vestas, Siemens Energy, General Electric, Cummins, Caterpillar Energy Solutions, Bloom Energy, FuelCell Energy, Ballard Power Systems, Mitsubishi Electric, Rolls-Royce, Schneider Electric, Doosan Fuel Cell, First Solar, ENERCON, and Suzlon.

For sample pages or purchase options, contact +1-320-497-3787 or visit Distributed Generation (DG) Market Report

About Industry Experts, Inc.
Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders - corporate strategists, analysts, researchers, and startups, among others - in obtaining unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com.

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