India Diesel Genset Market Forecast and Opportunities, 2019
Power reliability is becoming critical with increasing dependency on technology and interconnected systems across the globe. Various critical end user industries such as hospitals, transportation & communication systems, datacenters, manufacturing facilities, fueling stations and water & sewage facilities require continuous power supply for ensuring seamless operation. Diesel gensets offer a reliable and high-quality power generation source, and consequently, are being widely used for emergency power backup as well as stand-alone power generation systems. Based on output power, diesel gensets are classified into low power (5kVA to 75kVA), medium power (75.1kVA to 350kVA), high power (350.1kVA to 750kVA) and very high power (750.1kVA to 3,000kVA) rating systems.
According to “India Diesel Genset Market Forecast & Opportunities, 2019”, the market for diesel gensets in India is forecast to grow at a CAGR of around 10% during 2014-19. The very high power rating and medium power rating diesel gensets are expected to contribute significantly towards boosting the market revenues over the next five years. The southern region of the country accounts for the largest pie of diesel gensets demand on the back of high power deficit and inadequate power infrastructure. Rising concerns over carbon emissions is also augmenting adoption of biodiesel gensets. Eco-friendly CPCB-II norms are also expected to be implemented from second quarter of 2014, which would further increase the sales of eco-friendly diesel gensets. “India Diesel Genset Market Forecast & Opportunities, 2019” report elaborates following particulars:
India Diesel Genset Market Size, Share & Forecast
Segment Analysis - Low Power (5kVA to 75kVA), Medium Power (75.1kVA to 350kVA) High Power (350.1kVA to 750kVA) and Very High Power Rating (750.1kVA to 3,000kVA)
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The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with diesel genset manufacturers, integrators and solutions providers. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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