Government Strategies like Make in India to Boost the Diesel Generator Market

The India Diesel Generator Market is expecting around 6% CAGR during 2022-27, cites MarkNtel Advisors in their recent research report. The rapid expansion of several industries like manufacturing, telecom, healthcare, food & beverage, steel, retail, and education, i.e., surging the demand for uninterrupted & stable electricity flow, is driving the diesel generator market in India.

Besides, growing government focus on infrastructural developments, leading to an increasing number of construction projects like highways, airports, residential complexes, smart cities, & commercial complexes, among others, are also soaring the demand for diesel generators and boosting the market. 

Moreover, with the expanding commercial & residential sector owing to the increasing influx of new companies & exponentially rising population, the energy consumption rates are escalating swiftly across India. Hence, it is propelling the demand for diesel generators as a prominent power backup source for different applications. 

Furthermore, various government plans & strategies like Make in India are portraying a rapid expansion of different industries and, in turn, positively influencing the demand for diesel generators across the country, further states the research report, “India Diesel Generator Market Analysis, 2022.”

Rapid IT Expansion to Drive the Market across the Commercial Sector through 2027

The commercial sector is expecting the largest share in the India Diesel Generator Market during 2022-27. The increasing number of hospitals, hotels, restaurants, shopping malls, banks, IT & telecom companies, etc., owing to rapid infrastructural developments & mounting tourist influx in the country is driving the diesel generator market across the commercial sector.

These expanding industries are surging the demand for a continuous flow of energy to run different appliances, machines, equipment, & as a power backup. Besides, since the IT industry of the country is vast and a prominent consumer of energy, the demand for diesel generators is expected to remain prevalent across it over the forecast years, reveals MarkNtel Advisors in their research report, "India Diesel Generator Market Analysis, 2022."

Competitive Landscape

The leading players in the India Diesel Generator Market include Ashok Leyland, Caterpillar Inc., Cummins India Ltd., VE Commercial Vehicles Ltd., Greaves Cotton Limited, Kirloskar Oil Engines Ltd., Kohler Co., Mahindra & Mahindra Ltd., Cooper Corporation Private Limited, and Escorts Limited.

Key Questions Answered in the Research Report

1. What are the current & future trends in the India Diesel Generator Market?
2. How has the industry been evolving in terms of geography & product adoption?
3. How has the competition been shaping across India, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the India Diesel Generator Market?
5. What are the customer orientation, purchase behavior, & expectations from diesel generator manufacturers across India?

Market Segmentation:

1. By Power Rating (5 KVA to 75KVA, 75.1 KVA to 375 KVA, 375.1 to 750 KVA, 750.1 KVA to 1000 KVA, Above 1000 KVA)
2. By Type (Stand-By, Prime & Continuous Power, Peak Shaving)
3. By End-Users (Residential, Commercial, Industrial)
4. By Region (North, South, West, East, North East)
5. By Companies (Ashok Leyland, Caterpillar Inc., Cummins India Ltd., VE Commercial Vehicles Ltd., Greaves Cotton Limited, Kirloskar Oil Engines Ltd., Kohler Co., Mahindra & Mahindra Ltd., Cooper Corporation Private Limited, Escorts Limited)