Press release
India Diesel Genset Market (2019-2025) - Outlook, Size & 6wresearch
India Diesel Genset Market is likely to register substantial growth during the upcoming period on account of increasing industrialization. The escalating demand for constant power supply backed by rising power outages drives the India Diesel Genset Market Growth. Moreover, strengthening of the construction sector, booming transportation systems coupled with growing social infrastructure in the country would spur India diesel Genset market revenues over the next six years. Diesel Genset has become a major source of power in the construction of modern infrastructure. Further, Genset is also heavily deployed to provide backup power across several application areas such as construction, residential and commercial verticals leading to the development of India Diesel Genset Market share.
According to 6Wresearch, India Diesel Genset Market Size is projected to grow at a CAGR of 5.6% during 2019-2025. The rising development of infrastructure coupled with the establishment of manufacturing industries is some of the key factors driving the India Diesel Genset Market Growth. Additionally, the surging population and demand for reliable and uninterrupted power supply are proliferating the growth of the market. However, rising penetration to reduce carbon emission is leading to the adoption of gas Gensets and further restraining the Diesel Genset Industry. The rising shift towards gas Genset owing to reduction of carbon footprints is also one of the key factors hampering the growth of the market.
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Market Analysis by Region
Based on regions, the Southern region accounted for the highest revenue share in the overall India diesel Genset market forecast. However, the Northern region is expected to witness a significant increase in demand for diesel Genset over the coming years on account of upcoming large-scale infrastructure projects such as the Delhi Metro expansion and Lucknow Metro. The rising number of Data centers in the country backed by the increasing need for reliable power supply is driving the growth of India Diesel Genset Market.
Key Highlights of the Report:
India Diesel Genset Market Overview.
India Diesel Genset Market Outlook.
India Diesel Genset Market Price Trends
Import-Export Statistics
Company Profiles
India Diesel Genset Market Distributors, By States
Market Drivers and Restraints
India Diesel Genset Rental Market Share, By Revenues
India Diesel Genset Market Trends and Developments
India Diesel Genset Market Share, By Players
India Diesel Genset Market Overview on Competitive Benchmarking
Strategic Recommendations
Historical data of India Diesel Genset Rental Market Revenues for the period 2012-2018.
India Diesel Genset Market Size and India Diesel Genset Market Forecast until 2025
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