Distributed Energy Generation (DEG) Systems Market - Paradigm Shift in Energy Generation Towards Green Technology

Albany, NY -- (SBWIRE) -- 02/03/2017 -- The distributed energy generation (DEG) systems market is highly fragmented and led by a large number of multinationals worldwide. The top five companies accounted for 38.5% of the market in 2012. Key players operating in the market are GE Energy, Siemens Energy, Caterpillar, E.ON Group, and Mitsubishi Power Systems. Players are increasingly focusing on product innovation, states a new report by Transparency Market Research (TMR). Companies are also collaborating with major organizations. A case in point would be Nokia Siemens. The company collaborated with Ballard Power Systems Inc., to develop fuel cell systems, which offers backup to mobile networks during power blackout.