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India diesel genset market segmentation by Application, State and Power Rating | Major key players in the Indian diesel genset market are Kirloskar Oil Engines Limited, Ashok Leyland, Greaves Cotton Limited, VE Commercial Vehicles Ltd., Mahindra Powerol,

08-01-2019 11:43 AM CET | Energy & Environment

Press release from: P&S Intelligence- Power & Energy

India diesel genset market- P&S Intelligence

India diesel genset market- P&S Intelligence

The India diesel genset market is expected to generate a revenue of $1,518.1 million by 2024, progressing at a CAGR of 6.5% during the forecast period (2019–2024), according to P&S Intelligence. The major factors driving the growth of the market are increasing demand for these gensets in construction, manufacturing, and commercial projects. In addition, the expansion of the construction sector is likely to push the demand for these gensets to meet the prime and compounded auxiliary power requirements, resulting in the market growth.

Download the sample copy of this report at: https://www.psmarketresearch.com/market-analysis/india-diesel-genset-market/report-sample

The market is segmented by application, state, and power rating. Based on power rating, the Indian diesel genset market is divided into above 750 kVA, 376 kVA–750 kVA, 76 kVA–375 kVA, and 5 kVA–75 kVA. Out of these, during the historical period, the 5KVA–75KVA division held the largest volume share in the market. Due to the surging demand for telecom towers, small commercial complexes, hotels, residential installations, and other low–power requirement spaces, the market for this category is predicted to grow in the forecast period.

Telecom towers are projected to create the highest demand in the diesel genset market in India. In 2018, telecom towers registered a volume share of more than 51.0% in the Indian commercial diesel genset sector.

Get the detailed analysis at : https://www.psmarketresearch.com/market-analysis/india-diesel-genset-market

The major key players in the Indian diesel genset market are Ashok Leyland Limited, Kirloskar Oil Engines Limited, Mahindra Powerol Ltd., VE Commercial Vehicles Limited, Cummins India Ltd., Greaves Cotton Limited, and Caterpillar Inc. Among all these, Cummins India Ltd., a subsidiary of the Cummins Group, in 2018, held the largest revenue share in the market, equaling more than 35.0% This is mainly attributed to the company’s large product portfolio, backed by huge sales volume in the medium and high-power genset categories, and wide distribution network.

INDIA DIESEL GENSET MARKET SEGMENTATION

By Power Rating

• 5 kVA–75 kVA
• 76 kVA–375 kVA
• 376 kVA–750 kVA
• Above 750 kVA

By Application

• Commercial

• By user

• Retail establishments
• Commercial offices
• Telecom towers
• Hospitals
• Hotels
• Others

• By power rating

• 5 kVA–75 kVA
• 76 kVA–375 kVA
• 376 kVA–750 kVA
• Above 750 kVA
• Industrial

• By user

• Manufacturing
• Energy & power
• Others

• By power rating
• 5 kVA–75 kVA
• 76 kVA–375 kVA
• 376 kVA–750 kVA
• Above 750 kVA

• Residential

By State

• Tamil Nadu
• Andhra Pradesh
• Karnataka
• Maharashtra
• Uttar Pradesh
• Madhya Pradesh
• Rajasthan
• West Bengal
• Gujarat
• Rest of India

Contact Us:

P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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