Press release
India Gas Genset Market Size, Share, Trends and Forecast | 2025 - 2033
India Gas Genset Market
The India gas genset market size reached USD 390.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 560.0 Million by 2033, exhibiting a growth rate (CAGR) of 4.2% during 2025-2033.
Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 390.0 Million
Market Forecast in 2033: USD 560.0 Million
Market Growth Rate (2025-2033): 4.2%
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India Gas Genset Market Overview
The India gas genset market is experiencing explosive growth due to increasing demand for reliable power sources in residential, industrial and commercial markets. The gas genset market is being supported with government programs to drive renewables, a high level of infrastructure build-out and persisting issues related to grid reliability. The market will also benefit from technological improvements in gas gensets and additional natural gas distribution infrastructure across the country.
India Gas Genset Market Trends and Drivers
The continued focus on clean and green energy has stimulated demand for gas gensets as industrial sectors and corporate class aim to reduce carbon emissions and in doing so, meet their commitments to stricter environmental regulations. Gas gensets are low emission, certain reports claim up to 99% lower emissions, quieter than a diesel genset, and cheaper to operate and maintain. The expansion of the natural gas pipeline across India has made gas gensets a reliable and viable option, especially considering that now even industries such as healthcare, hospitality and IT are using gas gensets for full time operation in addition to non-peak operation. We are also noticing hybrid systems combining renewable green energy with gas gensets for more growth potential. In addition, India's continued rapid infrastructure development through programs involving smart cities, industrial parks, and electrification of transportation hubs, has increased demand for backup power that will always remain on, where there are frequent outages in some areas or late night residing in an area that has an unreliable power grid.
Browse full report with TOC & all list of figure: https://www.imarcgroup.com/india-gas-genset-market
India Gas Genset Market Segmentation
By Type:
• Up to 75 kVA
• 76 kVA-350 kVA
• 351 kVA-750 kVA
• Above 750 kVA
By End User:
• Industrial
• Domestic
• Commercial
By Region:
• North India
• South India
• East India
• West India
India Gas Genset Market News
Recent developments include government incentives for cleaner fuel adoption, expansion of the natural gas distribution network, and the electrification of railway stations, airports, and seaports. The market is also witnessing the introduction of hybrid and technologically advanced gensets, as well as growing investments in auxiliary power solutions for infrastructure and construction projects.
Key Highlights of the Report
• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Strategic Recommendations
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information not currently within the scope of the report, customization is available.
Ask analyst for customized report: https://www.imarcgroup.com/request?type=report&id=31583&flag=E
Contact Us
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145
About Us
IMARC Group is a leading market research and consulting company that delivers strategy, research, and business intelligence solutions worldwide. We help organizations identify market opportunities, benchmark industry performance, and drive transformative growth.
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