Product Code: ETC022844 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The electric generator sets market in India is anticipated to witness considerable growth during the forecast period (2025-2031). This can be attributed to the growing demand for uninterrupted power supply and its availability due to increasing population, industrialization, and economic development. Further, rising investments in renewable energy generation sources such as wind and solar are also expected to fuel the growth of this market. Moreover, government initiatives such as `Make in India` program have encouraged foreign companies to invest in new projects which is likely to propel market growth over the forecast period.
1. Growing Demand for Uninterrupted Power Supply: The demand for uninterrupted power supply has been growing with increasing population across rural areas where grid connectivity may not always be available or reliable. Electric generators provide a reliable source of backup electricity when needed and thus act as an important driver of the electric generator sets market in India.
2. Increasing Industrialization & Economic Development: With rapid industrialization and economic development across Indian states, there has been an increased requirement of continuous power supply from different industries ranging from manufacturing, hospitality sector etc., resulting into high utilization of electric generators sets across various sectors driving their sales up significantly over time leading into augmented revenue stream for manufacturers operating in this space thereby propelling further growth opportunities within it.
Rising Cost Of Electricity Generated Through Diesel Powered Generators Sets: The cost associated with running diesel powered generators sets is continuously escalating due to factors such as higher fuel prices coupled with stringent environmental regulations mandating use of cleaner fuels leading towards decline return on investment thereby hindering adoption among end users operating on tight budget restrictions limiting overall industry penetration rate especially among small enterprises looking at cutting down costs wherever possible hampering overall industry prospects long term.
Adoption Of Smart Generator Sets With Remote Monitoring Capabilities : In order maximize efficiency , manufacturers are increasingly launching smart/ digital generator set equipped with remote monitoring capabilities that allow user sto monitor performance remotely through computers , laptops or smartphones making them more appealing among tech savvy customers while allowing manufacturers operate these machines without any human intervention eliminating manual errors thus improving operational efficiency augmenting customer satisfaction levels boosting product uptake rates long term.
Some key players operating within India`s Electric Generator Sets Market include Cummins Inc., Caterpillar Inc., Kohler Co., Briggs & Stratton Corporation, Kirloskar Oil Engines Ltd., Mahindra Powerol Ltd amongst others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Electric Generator Sets Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Electric Generator Sets Market Revenues & Volume, 2021 & 2031F |
3.3 India Electric Generator Sets Market - Industry Life Cycle |
3.4 India Electric Generator Sets Market - Porter's Five Forces |
3.5 India Electric Generator Sets Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
3.6 India Electric Generator Sets Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 India Electric Generator Sets Market Revenues & Volume Share, By Fuel Source, 2021 & 2031F |
3.8 India Electric Generator Sets Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 India Electric Generator Sets Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 India Electric Generator Sets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Electric Generator Sets Market Trends |
6 India Electric Generator Sets Market, By Types |
6.1 India Electric Generator Sets Market, By Rated Capacity |
6.1.1 Overview and Analysis |
6.1.2 India Electric Generator Sets Market Revenues & Volume, By Rated Capacity, 2021-2031F |
6.1.3 India Electric Generator Sets Market Revenues & Volume, By Less than 125 MVA, 2021-2031F |
6.1.4 India Electric Generator Sets Market Revenues & Volume, By 125-300 MVA, 2021-2031F |
6.1.5 India Electric Generator Sets Market Revenues & Volume, By 300-700 MVA, 2021-2031F |
6.1.6 India Electric Generator Sets Market Revenues & Volume, By 700-1000 MVA, 2021-2031F |
6.1.7 India Electric Generator Sets Market Revenues & Volume, By Above 1000 MVA, 2021-2031F |
6.2 India Electric Generator Sets Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 India Electric Generator Sets Market Revenues & Volume, By AC Generator, 2021-2031F |
6.2.3 India Electric Generator Sets Market Revenues & Volume, By Stationary Field Synchronous, 2021-2031F |
6.2.4 India Electric Generator Sets Market Revenues & Volume, By Rotating Field Synchronous, 2021-2031F |
6.2.5 India Electric Generator Sets Market Revenues & Volume, By Permanent Magnet, 2021-2031F |
6.2.6 India Electric Generator Sets Market Revenues & Volume, By Variable/Switched Reluctance, 2021-2031F |
6.2.7 India Electric Generator Sets Market Revenues & Volume, By Induction Generators, 2021-2031F |
6.2.8 India Electric Generator Sets Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 India Electric Generator Sets Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Electric Generator Sets Market, By Fuel Source |
6.3.1 Overview and Analysis |
6.3.2 India Electric Generator Sets Market Revenues & Volume, By Diesel Generators, 2021-2031F |
6.3.3 India Electric Generator Sets Market Revenues & Volume, By Gas Generators, 2021-2031F |
6.3.4 India Electric Generator Sets Market Revenues & Volume, By Others , 2021-2031F |
6.4 India Electric Generator Sets Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Electric Generator Sets Market Revenues & Volume, By Standby, 2021-2031F |
6.4.3 India Electric Generator Sets Market Revenues & Volume, By Continuous, 2021-2031F |
6.4.4 India Electric Generator Sets Market Revenues & Volume, By Portable, 2021-2031F |
6.5 India Electric Generator Sets Market, By End Users |
6.5.1 Overview and Analysis |
6.5.2 India Electric Generator Sets Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.3 India Electric Generator Sets Market Revenues & Volume, By Residential, 2021-2031F |
6.5.4 India Electric Generator Sets Market Revenues & Volume, By Industrial, 2021-2031F |
7 India Electric Generator Sets Market Import-Export Trade Statistics |
7.1 India Electric Generator Sets Market Export to Major Countries |
7.2 India Electric Generator Sets Market Imports from Major Countries |
8 India Electric Generator Sets Market Key Performance Indicators |
9 India Electric Generator Sets Market - Opportunity Assessment |
9.1 India Electric Generator Sets Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
9.2 India Electric Generator Sets Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 India Electric Generator Sets Market Opportunity Assessment, By Fuel Source, 2021 & 2031F |
9.4 India Electric Generator Sets Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 India Electric Generator Sets Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 India Electric Generator Sets Market - Competitive Landscape |
10.1 India Electric Generator Sets Market Revenue Share, By Companies, 2024 |
10.2 India Electric Generator Sets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |