Press release
India Portable Generator Market Set to Reach US$ 151.56 Million by 2027, Driven by Growing Demand for Reliable Power Supply
The India Portable Generator Market is witnessing steady growth, with a valuation of US$ 116.25 million in 2021 and an anticipated rise to US$ 151.56 million by 2027, at a CAGR of 4.52% during the forecast period. The market dynamics are influenced by factors such as increasing demand for uninterrupted power supply, industrialization, urbanization, and a rising economy.For more information or to purchase the full report, please visit@https://www.maximizemarketresearch.com/market-report/india-portable-generator-market/22560/
Report Scope:
The latest report on the India Portable Generator Market provides a comprehensive analysis of industry dynamics, including drivers, restraints, and regional insights. With detailed segmentation based on fuel type, end-user, and region, the report offers valuable insights to help stakeholders understand the evolving landscape of portable generators in India.
Research Methodology:
Our research methodology involves extensive primary and secondary research, including analysis of the impact of COVID-19 lockdown on market revenue. The report utilizes advanced analytical tools and techniques to provide accurate forecasts and actionable insights, enabling stakeholders to make informed decisions.
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Market Drivers:
Uninterrupted Power Supply: The increasing need for reliable electricity during power outages is driving the demand for portable generators, ensuring continuous operation of lights and appliances until regular services are restored.
Industrialization and Urbanization: The expanding industrial sector and growing urban population are fueling the demand for portable generators to support various applications, including industrial tools and machinery.
Environmental Considerations: Manufacturers are focusing on developing environmentally friendly portable generators, addressing concerns about emissions and sustainability.
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Regional Insights:
North India: Expected to dominate the market, North India is witnessing a rising demand for portable generators due to frequent power outages and the implementation of housing projects.
Fuel Type Trends: The less than 5kW portable generators segment is anticipated to hold the largest market share, driven by increasing awareness of in-house power backup and the need for portable generators in outdoor recreational activities.
Classification of the India Portable Generator Market:
by Power Rating
• Less than 5kW
• 5-10kW
• Above 10kW
by Fuel Type
• Gasoline
• Diesel
• Natural Gas
• Others
Because of the growing awareness of the need for portable generators for outdoor recreational activities and in-home power backup, the less than 5kW portable generators segment is anticipated to hold the highest share of the market throughout the projected period, based on fuel type.
by Application
• Emergency
• Prime/Continuous
by End-User
• Residential
• Commercial
• Industrial
Because of the growing requirement in the industry for a greater power supply to run machines and industrial tools, the industrial segment is projected to hold the highest share of the market throughout the forecast period based on the end-user. Because natural gas is becoming more and more preferred and environmental restrictions are becoming more stringent, natural gas is predicted to increase at the fastest rate among fuel types.
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Market Leaders in India Portable Generator :
• Honda Siel Power Products Limited
• Kirloskar Oil Engines Ltd. (KOEL)
• Mahindra Powerol Limited
• Kohler Power India Private Limited
• Greaves Cotton Limited
• Atlas Copco (India) Limited
• Himalayan Power Machine Manufacturing Co.
• Skyline Power Solutions Private Limited
• Perfect House Private Limited
• Gastech Electronic Products Private Limited
Section Heading: India Portable Generator Industry
Part 01: Executive Summary
Part 02: Scope of the India Portable Generator Market Report
Part 03: India Portable Generator Market Landscape
Part 04: India Portable Generator Market Sizing
Part 05: India Portable Generator Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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