Distributed Generation Market: Regional Insights
On basis of geography the distributed generation market is segmented into North America, Asia Pacific, Europe, South America, Middle East and Africa. By terms of geographical regions, Asia Pacific is estimated to be the major revenue contributor due to the lack of a reliable grid infrastructure especially the South East Asian countries, where the population is spread across several islands, will drive the demand for off-grid power systems in the near future. According to the Global Environment Facility (GEF), the total population of Southeast Asian countries, Indonesia, Cambodia, Vie, Philippines and Thailand is around 507 million, of which nearly 111 million around of 22% of the population do not have access to grid electricity, the total population of the Pacific countries which include 14 island countries is around 8.6 million, of which nearly 6 million of the population do not have access to grid electricity. This creates a highly conducive environment for growth of the distributed generation market.
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