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

Indonesia Power Rental Market (2017-2023)

Market Forecast By Type (Diesel Genset and Gas Genset), By KVA Rating (Diesel Genset (Below 100 KVA, 100.1 KVA-350 KVA, 350.1 KVA-750KVA, 750.1 KVA- 1000KVA and Above 1000 KVA), Gas Genset (Below 100 KVA and Above 10000 KVA)), By Applications...

Read More

India Diesel Generator Rental Market (2017-2023)

Market Forecast By KVA Rating (Below 100 KVA, 100.1-350 KVA, 350.1-750 KVA, 750.1-1000 KVA and Above 1000 KVA), By Verticals (Power Utilities, Construction, Manufacturing and Others), By Market Structure (Organized and Unorganized), By Regions...

Read More

Saudi Arabia Catering Services Market (2017-2023)

Market Forecast By Type (Contractual Services and Non-Contractual Services), By End User (Industrial, Hospitality, Educational, Healthcare, In-Flight and Others including Military, Events and Worker camps), By Regions (Central, Eastern, Western and Southern)...

Read More

Germany E-Cigarette Market (2017-2023)

Market Forecast By Device Type (Disposable, Rechargeable and Modular), By Demography (Gender, Income Group and Age Group) and Competitive Landscape

Read More

India Fitness Equipment Market (2017-2023)

Market Forecast By Type (Cardiovascular Training Equipment (Treadmills, Elliptical Trainer/Cross Trainer, Stationary Bikes and Others including Rowing, Stair/Stepper machines), Strength Training Equipment (Weights and Single & Multifunctional Strength Training Equipment))...

Read More

Saudi Arabia Industrial Pumps Market (2017-2023)

Market Forecast By Type (Centrifugal Pump and Positive Displacement Pump), By Centrifugal Type (Single-Stage Pump, Multi-Stage Pump, Axial & Mixed-Flow Pump, Submersible Pump and Sealless & Circular Pump), By Positive Displacement Type (Reciprocating and Rotary), By Applications ...

Read More

UAE Fitness Equipment Market (2017-2023)

Market Forecast By Product Type (Cardiovascular Training Equipment (Treadmills, Elliptical Trainer/Cross Trainer, Stationary Bikes and Others), Strength Training Equipment (Weights and Single& Multifunctional Strength Training Equipment)), By End User Applications...

Read More

Global Fire Safety Systems and Equipment Market (2017-2023)

Market Forecast 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)...

Read More

India Electric Chimney Market (2017-2023)

Market Forecast By Types (Wall Mounted, Straight Line, Island and Downdraft), By Applications (Commercial and Residential), By Suction Type (Less than 300 CFM, 300-600 CFM, 601-900 CFM, 901-1200 CFM and More than 1200 CFM), By Regions...

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events