Oct 02, 2020 (Market Insight Reports) -- The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on Distributed Solar Power Generation production region, major players, and product type which will provide a simplified view of the Distributed Solar Power Generation industry. The Distributed Solar Power Generation market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in Distributed Solar Power Generation market which will help the emerging market segments in making vital business decisions.
The United States distributed solar power generation market is expected to grow at a CAGR of more than 10% during the forecast period of 2020 – 2025.
Distributed Solar Power Generation Market Segmentation:
This report on United States Distributed Solar Power Generation market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the United States market for Distributed Solar Power Generation. Collecting historical and recent data from various authentic resources and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).
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United States Distributed Solar Power Generation market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including First Solar Inc, Juwi Solar Inc., Solarcity Corporation, Yingli Solar, Wuxi Suntech Power Co. Ltd., amongst others.
Increasing Demand for Clean Electricity
– Increasing demand for clean energy is one of the primary drivers for the distributed solar power generation market in the country. The country is actively shifting from conventional energy-producing sources to clean energy sources and produced over 16.7% of the total electricity generated from hydropower and renewables combined.
– Rooftop solar offers the benefits of modern electricity services to households that had no access to electricity, reducing electricity costs on islands and in other remote locations that are dependent on oil-fired generation, as well as enabling residents and small businesses to generate their own electricity.
Electricity Generation from Hydropower to Restraint the Market
– Hydropower in the country has had a long history of providing clean and clean energy for a long time. The country has an installed capacity of 103,000 MW of hydropower and produced over 288.7 TWh of electricity, in 2018.
– The country has a history of over a decade of electricity generation from hydropower starting before 1900. The country has about 80GW in conventional hydropower and 23 GW in pumped storage hydropower.
– Hydropower maintains an edge over other renewable energy resources in the country due to its reliability in cold and harsh weather faced by the northern part of the country.
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This independent 95 pages report guarantees you will remain better informed than your competition. With over 40 tables and figures examining the Distributed Solar Power Generation market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2025 .
Key Takeaways from this Report
Impact of low unit costs, diversified product ranges and intense competition on the market
Analyzing various perspectives of the market with the help of Porter's five forces analysis
Regional analysis of the market