DUBLIN, Feb. 2, 2021 /PRNewswire/ -- The "India Diesel Genset Market Research Report: By Power Rating (5 kVA-75 kVA, 76 kVA-375 kVA, 376 kVA-750 kVA, Above 750 kVA), Application ( Commercial, Industrial, Residential) - Industry Share Analysis and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The Indian diesel genset market reached a value of $1.105.7 million in 2019 and is expected to advance at a 12.5% CAGR during the forecast period (2020-2030)
The market is witnessing growth due to the expanding manufacturing sector and increasing requirement for power for commercial applications in India. When power rating is taken into consideration, the market is divided into 5 kVA-75 kVA, 76 kVA-375 kVA, 376 kVA-750 kVA, and above 750 kVA.
Out of these, the 5 kVA-75 kVA division held a significant share of the market in the past, owing to the high adoption of these gensets in various commercial applications, such as retail outlets, hotels, telecom towers, offices, and malls. Moreover, the government's digitization projects, revival of the commercial real estate sector, and foreign and domestic investments are predicted to lead to the establishment of multi-tenant and single-tenant data centers, which will drive the demand for these diesel gensets.
Based on application, the Indian diesel genset market is categorized into residential, commercial, and industrial, among which, the commercial category accounted for the largest revenue share of the market in 2019. The category is further projected to contribute the largest revenue to the market during the forecast period, owing to the increasing adoption of diesel gensets in telecom towers, hospitals, retail outlets, restaurants, malls, and various commercial settings in the country.
Geographically, Karnataka, Tamil Nadu, Maharashtra, Andhra Pradesh, and Uttar Pradesh generated the highest revenue in the Indian diesel genset market in 2019. The increasing investment in the telecom sector, swift development of the commercial infrastructure, and rising demand for backup and prime power in residential facilities are creating high demand for generators in these states.
Tamil Nadu is projected to witness the highest CAGR during the forecast period due to the presence of major companies and increasing inclination of manufacturers towards capacity expansion.
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Power Rating
22.214.171.124 5 kVA-75 kVA
126.96.36.199 76 kVA-375 kVA
188.8.131.52 376 kVA-750 kVA
184.108.40.206 Above 750 kVA
4.1.2 By Application
220.127.116.11.1 Retail establishments
18.104.22.168.3 Telecom towers
22.214.171.124.2 Energy & power
4.2 Value Chain Analysis
4.3 Market Dynamics
126.96.36.199 Implementation of stringent regulations to curb emissions
188.8.131.52 Growth in the manufacturing industry
184.108.40.206 Demand for power for commercial applications and construction projects
220.127.116.11 Impact analysis of drivers on market forecast
18.104.22.168 Detrimental environmental impact and carcinogenic nature of diesel engine exhausts
22.214.171.124 Growing penetration of electricity grids
126.96.36.199 Impact analysis of restraints on market forecast
188.8.131.52 Adoption of PV-diesel hybrid systems
4.4 Impact of COVID-19 on India Diesel Genset Market
4.5 Regulatory Analysis
4.5.1 Emission Limits for Diesel Gensets of Power Rating Up To 800 kW
4.5.2 Noise Limits for Diesel Gensets
184.108.40.206 Noise limits for diesel gensets (of power rating up to 1,000 kVA) manufactured on or after January 1, 2005
220.127.116.11 Noise limits for diesel gensets that do not meet the aforementioned criterion
4.5.3 Certification of Diesel Gensets
18.104.22.168 Requirements for the certification of diesel gensets
22.214.171.124 Nodal agencies and authorized agencies
Chapter 5. India Market Size and Forecast
5.1 By Power Rating
5.2 By Application
5.2.1 Commercial Application
126.96.36.199 By user
188.8.131.52 By power rating
5.2.2 Industrial Application
184.108.40.206 By user
220.127.116.11 By power rating
5.3 By State
Chapter 6. Competitive Landscape
6.1 Diesel Genset Offerings of Key Players
6.2 Competitive Benchmarking of Key Players
6.3 Market Share Analysis of Key Players
6.4 Strategic Developments of Key Players
6.4.1 Product Launches
6.4.2 Client Wins
6.4.3 Other Developments
Chapter 7. Company Profiles
- Kirloskar Oil Engines Limited
- Ashok Leyland Limited
- Greaves Cotton Limited
- VE Commercial Vehicles Limited
- Mahindra Powerol Ltd.
- Cummins India Ltd.
- Caterpillar Inc.
- Cooper Corporation Pvt. Ltd.
- Kohler Power India Ltd.
- Tractors and Farm Equipment Limited
- Escorts Limited
For more information about this report visit https://www.researchandmarkets.com/r/99c7ic
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets