India Diesel Gensets Market By Rating (Low Voltage (5kVA-75kVA), Medium Voltage (75.1kVA-350kVA), High Voltage (350.1kVA-750kVA) & Very High Voltage (Above 750kVA)), By End User, Competition Forecast & Opportunities, 2013 – 2024
According to “India Diesel Gensets Market By Rating, By End User, Competition Forecast & Opportunities, 2013 – 2024”, diesel gensets market is projected to reach $ 1.5 billion by 2024 in India. Anticipated growth in the market can be attributed to increasing demand for power backup across commercial as well as residential set-ups, coupled with growing number of huge government sponsored projects, such as 100 smart cities, AMRUT, and freight corridor & national highways. Southern region of the country dominates the diesel gensets market, followed by the western region, owing to the presence of a large number of industries such as IT/ITES, automobile, chemical and petrochemical, jewelry, textiles, cement and oil & gas in the regions. All of these industries require uninterrupted power supply, thereby boosting demand for diesel gensets. Few of the major players operating in India diesel gensets market are Cummins India Limited (CIL), Kirloskar Oil Engines Limited (KOEL), Mahindra Powerol Limited, Caterpillar India Private Limited, Greaves Cotton Limited, Ashok Leyland Ltd., Escorts Ltd., VE Commercial Vehicles Limited, TAFE Motors and Tractors Limited, Kohler India Corporation Pvt Ltd, etc. “India Diesel Gensets Market By Rating, By End User, Competition Forecast & Opportunities, 2013 – 2024” discusses the following aspects of diesel gensets market in India:
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