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Analysis of India Diesel Gensets Market 2011-2021

Generator or genset is the most reliable, efficient, and cost-effective source for emergency and backup power. Diesel gensets are easy to set up and operate, and can be used in all types of applications such as oil & gas, IT & telecom, residential and hospitals, among others. According to the Indian Brand Equity Foundation (IBEF), the country’s IT industry is projected to grow at a CAGR of 10.36% during FY11-FY25. 

Backed by thriving IT industry, increasing establishment of Special Economic Zone (SEZs) and growing number of government infrastructure projects such as metro rails, smart cities, expansion of state & national highways, the country’s diesel gensets market is expected to grow at a healthy pace during 2016-2021. India faces huge power supply deficits in every region. In order to run businesses, manufacturers cannot depend entirely on the country’s power grid system. Consequently, various organizations, industries, real estate companies, hospitals, etc., rely on diesel gensets to address their increasing power requirements.

According to “India Diesel Gensets Market By Rating, By End User, Competition Forecast & Opportunities, 2011-2021”, the diesel gensets market in India is anticipated to grow at a CAGR of around 6% during 2016 - 2021. Low and medium voltage diesel gensets cumulatively accounted for a majority share in the country’s diesel gensets market in 2015, primarily on account of growing demand from residential and commercial establishments. 

On the other hand, the demand for high and very high voltage diesel gensets in India is majorly being accounted for by manufacturing sector due to their continuous power supply requirements. In 2015, manufacturing sector was the largest end-user of diesel gensets in India, followed by commercial and residential sectors.

“India Diesel Gensets Market By Rating, By End User, Competition Forecast & Opportunities, 201- 2021” discusses the following aspects of India diesel gensets market:

- India Diesel Gensets Market Size, Share & Forecast
- Segmental Analysis - By Rating (Low Voltage (5kVA-75kVA), Medium Voltage (75.1kVA-350kVA), High Voltage (350.1kVA-750kVA) & Very High Voltage (750.1kVA-3000kVA)), By End User (Manufacturing, Commercial, Residential, Telecom, Healthcare and Pharma & Others)
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations

 Original article at this link.
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