6wresearch logo
6wresearch discount on market reports

Increasing Demand for Power to boost India Diesel Genset Market during 2016-22

April 10, 2016

India Diesel Genset market to witness growth owing to infrastructure expansion, establishment of new industries and changing business environment in the country. Strong economic growth coupled with power deficits in many parts of the country would foster the demand for diesel gensets over the forecast period. Also, growing number of telecom towers in the country are expected to boost the diesel genset market.

According to 6Wresearch, India diesel genset market is forecast to grow at a CAGR of 6.64% during 2016-22. Over the years, demand for power has increased tremendously in India. Requirement for continuous power has become one of the major challenges in the country. On account of increasing electricity demand-supply gap, lack of grid connectivity and surging infrastructure in remote areas, deployment of diesel gensets on larger scale is witnessed in the country.

According to Rajat Kharbanda, Senior Consultant, Research and Consulting, 6Wresearch, "During last couple of years, diesel genset market in India registered sluggish growth due to improved power demand-supply situation and slowdown in industrial and construction activities especially in southern region".

"Further, with the adoption of alternative fuel powered gensets and increasing generation of electricity from solar power affected the growth of the market during this time frame. However, in the forecast period, 'Make in India' campaign, smart cities project, expansion of public & private infrastructures would fuel diesel genset market in India", Rajat added.

According to Ravi Bhandari, Research Analyst, Research and Consulting, 6Wresearch, " In 2014, government introduced new emission norms which increased the prices of diesel gensets throughout the country. Also, with these norms, share of unorganized market declined along with the import of low rating gensets from China".

"In India's diesel genset market, 5 KVA-75 KVA segment has generated key revenue share in the overall market. Over the next six years, share of medium rating gensets is expected to increase on account of deployment in manufacturing sector and usage in infrastructure development activities", Ravi further added.

States such as Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Maharashtra, Gujarat, Uttar Pradesh, Delhi, Haryana and Bihar are generating key market demand. The major companies in India diesel genset market include- Cummins, Kirloskar, Mahindra and Caterpillar.

"India Diesel Genset Market (2016-2022)" provides in-depth analysis with 88 figures and 40 tables covered in 190 pages. The report estimates and forecast overall India diesel genset market by revenue, volume, KVA rating, verticals, regions and states. The report also gives the insights on competitive landscape, market share by companies, market trends, company profiles, market drivers and restraints.

Media Source: India Infoline

      Browse More Report

India Edge Server Market (2018-2024)

Market Forecast By Types (Rack Server, Blade Server and Tower Server), By Topologies (Consolidated Edge Topology and Single Site Edge Topology), By Edge Services (Access Edge Service, A/V Edge Service and Web Conferencing Edge Service), By End User Verticals (BFSI, Government, Telecommunication, Commercial Offices & IT/ITes and Others...

Read More

UAE Commercial Vehicle Telematics Market (2018-2024)

Market Forecast By Vendor Types (OEM and Aftermarket), By Sectors (Construction & Infrastructure, Logistics, Government & Infrastructure, Transportation and Others), By Commercial Vehicle Types (Light Duty Commercial Vehicle...

Read More

Saudi Arabia Pillow Market (2018-2024)

Market Forecast By Types (Microfiber, Down & Feather, Foam & Memory Foam and Others), By Applications (Residential and Commercial), By Regions (Central, Western, Eastern and Southern), By Distribution Channels (Hyper Markets & Super Markets, Specialist Retailers and Others...

Read More

Middle East Fire Safety Systems and Equipment Market (2018-2024)

By Types (Fire Fighting Systems and Equipment (Fire Extinguishers (CO2, Dry Chemical, Clean Agent, Foam Fire, Wet Chemical and Water), Fire Suppression Systems (Inert Agent, Halocarbon Agent, Carbon Dioxide, Wet Chemical Fire and Dry Chemical), Fire Sprinkler Systems...

Read More

Saudi Arabia Cable Tray Market (2018-2024)

Market Forecast By Materials (Aluminum, Steel and Stainless Steel), By Types (Ladder, Solid Bottom, Trough & Perforated, Channel, Wire Mesh and Single Rail), By Applications (Power Utilities, Construction, Industrial and Others), By Regions...

Read More

UAE Augmented and Virtual Reality Market (2017-2023)

Market Forecast By Type (Head Mounted Display, Head-Up Display, Smart Glass and Mobile Devices), By Verticals (Entertainment, Commercial, Automotive and Others), By Regions (Northern Emirates and Southern Emirates) and Competitive Landscape

Read More

Europe Lithium Ion Battery Market (2018-2024)

Market Forecast By Power Capacities (5-25 Wh, 48-95 Wh, 15-99 KWh, 100-250 KWh and Above 300 KWh), By Components (Cathode, Anode, Electrolytic Solution and Others), By Materials (Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Iron Phosphate and Others...

Read More

India Air Purifier Market (2018-2024)

Market Forecast By Segments (Car and Room), By Types (Type I: HEPA + Carbon, Type II: HEPA + Carbon + Ionizer, Type III: HEPA + Carbon+ UV, Type IV: HEPA + Carbon + Electrostatic, Type V: HEPA + Carbon + Ionizer+ UV + Electrostatic and Type VI: Other Technologies...

Read More

Saudi Arabia Road Assistance and Vehicle Service Market (2018-2024)

Market Forecast By Package Type (Basic Package and Custom Package), By Regions (Central Region, Northern Region, Western Region and Southern Region) and Competitive Landscape

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events