India Diesel Generator

India Diesel Generator Market Research Report: Forecast (2022-27)

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), By Type (Stand-By, Prime & Continuous Power, Peak Shaving), By End-Users (Residential, C Read more

  • Energy
  • Mar 2022
  • 108
  • EN44010

Market Definition

Diesel generators are the primary energy generation systems used widely across different end-user sectors like residential, industrial, & commercial sectors at times of power outages, grid failures, or emergency power supply requirements. With the rapid expansion of various industries, the diesel generator industry is expanding at a swift pace across India.

Market Insights

The India Diesel Generator Market is projected to grow at a CAGR of around 6% during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the growing government focus on infrastructural developments, leading to the expanding healthcare sector & stimulating the demand for diesel generators for uninterrupted & stable flow of electricity. 

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 6%
Key Companies Profiled 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
Unit Denominations USD Million/Billion

 

Moreover, as the government of India plans to transform its energy generation to renewable resources in the long run to reduce the alarming greenhouse gas emission levels, it shall further boost the diesel generator market in the country over the coming years. Besides, India is anticipated to become a manufacturing hub by 2030 in line with Make in India projects, which, in turn, would also surge the demand for diesel generators and drive the market in the future. 

Moreover, favorable government policies and the active participation of the leading players in attaining advanced technologies in diesel generators for better operational efficiency & cost-effectiveness are other prominent aspects projected to fuel the overall market growth in the years to come.

Impact of Covid-19 on the India Diesel Generator Market

The advent of Covid-19 in 2020 had a decelerating effect on most industries across India, and the diesel generator market was no exception. With the imposition of stringent movement restrictions & frequent lockdowns by the government to curb the spread of this dreadful disease, the leading players in the market witnessed several unprecedented challenges associated with the production & distribution of diesel generators amidst the crisis.

As the government suspended most operations like construction, manufacturing, hotels & hospitality, among others, the demand for diesel generators reduced dramatically and caused massive financial losses to the market players. Besides, manufacturers also faced challenges like disruptions in the supply chain for raw materials, delivery delays, unavailability of labor, shut down of manufacturing units, and increased demand & supply gaps.

However, the demand for diesel generators escalated swiftly across the healthcare sector since it was under massive pressure to accommodate the rising Covid-19 patients, which, in turn, induced a decent hike in the market growth amidst the crisis. Moreover, since the pandemic & government restrictions compelled the public to adopt work from home policies, the leading players in the market witnessed an escalating demand for diesel generators across the residential sector to meet the burgeoning energy consumption requirements for running several appliances & performing day-to-day work with an uninterrupted energy flow.

Market Segmentation

Based on End-Users:

  • Industrial 
  • Commercial
  • Residential

Of all end-users, the Commercial sector is expected to dominate the India Diesel Generator Market with the largest share during 2022-27. It owes principally to the growing government focus on the development of the commercial sector and expanding its offerings throughout the country.

Service sectors like healthcare, food & beverage, hotels, & restaurants, shopping complexes, etc., are the prominent consumers of diesel generators, using them as a primary source for power backup at times of grid failures, power outages, and emergencies.

Besides, active participation of the government through favorable policies, strategies & plans, and massive investments in the commercial sector in line with 'Make in India' projects the rapid expansion of manufacturing industries in the future. It, in turn, shall further augment the demand for diesel generators across the country and fuel the overall market growth through 2027.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the India Diesel Generator Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the India Diesel Generator Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the India Diesel Generator Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the India Diesel Generator Market study?

Frequently Asked Questions

A. The India Diesel Generator Market is projected to grow at a CAGR of around 6% during 2022-27.

A. A growing number of healthcare facilities equipped with multiple machinery & equipment that require uninterrupted energy flow is the prime aspect projected to drive the India Diesel Generator Market through 2027.

A. The growing inclination of the leading players toward bringing technological advancements in diesel generators is an emerging trend in the India Diesel Generator Market.

A. The Commercial sector is anticipated to emerge as an area of remunerative opportunities for the leading players in the India Diesel Generator Market over the forecast years.

1.     Introduction

1.1.   Product Definition

1.2.   Research Process

1.3.   Assumptions

1.4.   Market Segmentation

2.     Executive Summary

3.     Expert Verbatim- What our Experts Say?

4.     Macroeconomic Outlook

5.     India Diesel Generator Market Analysis, 2017-2027F

5.1.   Market Size & Analysis

5.1.1. Revenues

5.1.2. Units Sold

5.2.   Industry Revenue Shares & Outlook

5.2.1. By Power Rating

5.2.1.1.  5 KVA to 75KVA

5.2.1.2.  75.1 KVA to 375 KVA

5.2.1.3.  375.1 to 750 KVA

5.2.1.4.  750.1 KVA to 1000 KVA

5.2.1.5.  Above 1000 KVA

5.2.2. By Type

5.2.2.1.  Stand By

5.2.2.2.  Prime & Continuous Power

5.2.2.3.  Peak Shaving

5.2.3. By End Users

5.2.3.1.  Residential

5.2.3.2.  Commercial

5.2.3.3.  Industrial

5.2.4. By Region

5.2.4.1.  North

5.2.4.2.  South

5.2.4.3.  West

5.2.4.4.  East

5.2.4.5.  North East

5.2.5. By Company

6.     5 KVA to 75KVA Diesel Generator Market Analysis, 2017-2027F

6.1.   Market Size & Analysis

6.1.1. Industry Revenues

6.1.2. Industry Volumes

6.2.   Market Share & Analysis

6.2.1. By Type

6.2.2. By End Users

6.2.3. Region

  7.     75.1 KVA to 375KVA Diesel Generator Market Analysis, 2017-2027F

7.1.   Market Size & Analysis

7.1.1. Industry Revenues

7.1.2. Industry Volumes

7.2.   Market Share & Analysis

7.2.1. By Type

7.2.2. By End Users

7.2.3. Region

  8.     375.1 KVA to 750KVA Diesel Generator Market Analysis, 2017-2027F

8.1.   Market Size & Analysis

8.1.1. Industry Revenues

8.1.2. Industry Volumes

8.2.   Market Share & Analysis

8.2.1. By Type

8.2.2. By End Users

8.2.3. Region

  9.     750.1 KVA to 1,000 KVA Diesel Generator Market Analysis, 2017-2027F

9.1.   Market Size & Analysis

9.1.1. Industry Revenues

9.1.2. Industry Volumes

9.2.   Market Share & Analysis

9.2.1. By Type

9.2.2. By End Users

9.2.3. Region

10.  Above 1,000 KVA Diesel Generator Market Analysis, 2017-2027F

10.1.Market Size & Analysis

10.1.1.   Industry Revenues

10.1.2.   Industry Volumes

10.2.Market Share & Analysis

10.2.1.   By Type

10.2.2.   By End Users

10.2.3.   By Region

11.  India Diesel Generator Industry Policy & Regulations

12.  India Diesel Generator Industry Trends & Development

13.  India Diesel Generator Industry Dynamics

13.1.Drivers

13.2.Challenges

13.3.Impact Analysis

14.  India Diesel Generator Industry Sales & Distribution Channel Analysis

15.  India Diesel Generator Industry, Customer Survey

15.1.Customer Priorities

15.2.Expectations from Vendors

15.3.Brand Awareness

15.4.Price Neutrality

15.5.Current Brand Satisfaction Level

16.  India Diesel Generator Industry Vendor Selection Criteria

17.  India Diesel Generator Industry Porters Five Forces Analysis

18.  India Diesel Generator Industry Growth Opportunities & Hotspots

19.  India Diesel Generator Industry Key Strategic Imperatives for Growth & Success

20.  Competitive Benchmarking

20.1.Competition Matrix

20.1.1. Product Portfolio

20.1.2. Target Markets

20.1.3. Target End Users

20.1.4. Research & Development

20.1.5. Strategic Alliances

20.2.Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)

20.2.1.   Ashok Leyland

20.2.2.   Caterpillar Inc.

20.2.3.   Cummins India Ltd.

20.2.4.   VE Commercial Vehicles Ltd.

20.2.5.   Greaves Cotton Limited

20.2.6.   Kirloskar Oil Engines Ltd.

20.2.7.   Kohler Co.

20.2.8.   Mahindra & Mahindra Ltd.

20.2.9.   Cooper Corporation Private Limited

20.2.10.  Escorts Limited

21.  Disclaimer

India Diesel Generator Market Segmentation