According to TechSci Research, India diesel generator market is expected to grow at a steady rate during the forecast period. Key factors propelling the growth of diesel generator market include growth in manufacturing, commercial and construction industry in the country. The need for a reliable power backup source is further creating the demand for diesel generators from commercial sectors like hotels, hospitals and commercial offices. Additionally, increasing focus of telecom companies towards delivering high-speed services is also supporting the growth of diesel generator market. With growing investment in telecom sector and increasing installation of telephone towers for connectivity in remote locations, the market is anticipated to undergo significant growth through FY2026.
Moreover, Indian government’s different development projects such as Smart City Mission, Make in India campaign and Saubhagya Scheme are also expected to boost the growth of diesel generator market. The increasing demand for uninterrupted 24/7 power supply from industrial sector of the country is also providing lucrative opportunity for diesel generator manufacturers. However, the market is also exposed to some challenges. Increasing focus on solar power generation is likely to hamper the market growth. Furthermore, stringent regulations for diesel generators in India owing to the harmful impact on environmental and carcinogenic nature of these gensets are acting as some other restraining factor for the diesel generator market in India.
India diesel generator market is segmented based on type, application, end user, distribution channel and region. Based on end user, the market can be segmented into residential, commercial and industrial sector. Among them, the commercial segment is expected to undergo fastest growth through FY2026 owing to high demand for diesel generators in commercial setups like offices, hospitals and hotels.
Access Full Report? Inquiry Here@
https://www.techsciresearch.com/sample-report.aspx?cid=5029
Market players operating in India diesel generator market include Mahindra & Mahindra Limited, Cummins India Ltd., Kirloskar Oil Engines Limited, Greaves Cotton Limited, Ashok Leyland Limited, Caterpillar Inc., Mitsubishi Heavy Industries, Ltd., Perkins Engines Company Limited, Honda Siel Power Products Limited and Atlas Copco AB Class A. The companies are focusing on new product launches, mergers and partnerships to strengthen their market position.
Years considered for this report:
Historical Years: FY2016-FY2019
Base Year: FY2020
Estimated Year: FY2021
Forecast Period: FY2022–FY2026
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of India diesel generator market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Click here to download the sample
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India diesel generator market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India diesel generator market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com
Overview and Scope The human liver model refers to the model of dual-lobed liver of…
Overview and Scope The left ventricular assist device is a mechanical pump implanted in heart…
Overview and Scope Maple syrup is a sweet, dense, and sticky syrup prepared from the…
Overview and Scope Hosting infrastructure service refers to a form of service in which a…
Overview and Scope Glycol refers to any group of alcohol-related chemical compounds employed as antifreeze…
Overview and Scope Energy-efficient glass refers to glass that is treated with different metal oxides…