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According to Guidehouse Insights, distributed energy resources (DERs) in commercial buildings, including EV chargers, solar photovoltaics and battery storage, are expanding
rapidly due to the sharp decline in the cost of distributed energy technology and related management software.
Global commercial building distributed energy spending is expected to reach $17.
6 billion in 2021 and $38.
6 billion by 2030, at a compound annual growth rate (CAGR) of 9.
1%
during the period.
Asia Pacific, North America, and Europe are expected to account for the majority of
revenue growth.
With its much larger construction stock, the Asia-Pacific region is likely to account for the most spending
.
Overall spending on distributed energy resources in commercial buildings in North America is expected to jump from $3.
3 billion in 2021 to $7.
8 billion in 2030, at a CAGR of 10.
1%.
Latin America, the Middle East and Africa is also expected to see significant revenue growth; However, the starting base in these regions is small, and a sharp decline in the price of distributed energy systems compared to other regions is expected to dampen overall spending
.
Spending in Latin America is expected to grow at a CAGR of 6.
7% to reach $931 million
by 2030.
Spending in the Middle East and Africa is expected to grow at a CAGR of 27.
3% to reach $287.
3 million
by 2030.
According to Guidehouse Insights, distributed energy resources (DERs) in commercial buildings, including EV chargers, solar photovoltaics and battery storage, are expanding
rapidly due to the sharp decline in the cost of distributed energy technology and related management software.
Global commercial building distributed energy spending is expected to reach $17.
6 billion in 2021 and $38.
6 billion by 2030, at a compound annual growth rate (CAGR) of 9.
1%
during the period.
Asia Pacific, North America, and Europe are expected to account for the majority of
revenue growth.
With its much larger construction stock, the Asia-Pacific region is likely to account for the most spending
.
Overall spending on distributed energy resources in commercial buildings in North America is expected to jump from $3.
3 billion in 2021 to $7.
8 billion in 2030, at a CAGR of 10.
1%.
Latin America, the Middle East and Africa is also expected to see significant revenue growth; However, the starting base in these regions is small, and a sharp decline in the price of distributed energy systems compared to other regions is expected to dampen overall spending
.
Spending in Latin America is expected to grow at a CAGR of 6.
7% to reach $931 million
by 2030.
Spending in the Middle East and Africa is expected to grow at a CAGR of 27.
3% to reach $287.
3 million
by 2030.
