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The renewable distributed energy generation (RDEG) technologies market size is forecast to increase by USD 141.6 billion, at a CAGR of 10.8% between 2023 and 2028. The market is experiencing significant growth due to rising electricity demand and the high cost of grid expansion. This trend is driving the adoption of RDEG technologies, such as solar, wind, and microgrids, to generate electricity at the point of consumption. However, the intermittency and low efficiency of solar PV systems pose challenges to the market's growth. To mitigate these challenges, there is a growing trend towards the integration of energy storage systems and the development of smart grid technologies. Additionally, microgrids are gaining popularity for their ability to protect against cybersecurity attacks and ensure power continuity during grid outages. Overall, the market is expected to continue growing as these technologies become increasingly cost-effective and efficient.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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