India Prime Power Diesel Genset Market - Industry Size, Share, Trend Analysis, and Forecast Report, 2022-2028, Segmented by Power Rating ; Application ; Region ; Trend Analysis, Competitive Market Share & Forecast, 2022-2028

List of Tables

India Prime Power Diesel Genset Market to Grow at a CAGR of 10.2% during Forecast Period

India Prime Power Diesel Genset Market is growing at a high CAGR because of the fast-growing telecommunication industry and the novel projects and plans of the Government of India. The enormous gap in the demand and supply of power in India and the introduction of novel gensets with high energy-efficiency and environment-friendly features are also driving the growth of India Prime Power Diesel Genset Market.

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the India Prime Power Diesel Genset Market was worth USD 146.4 million in the year 2021. The market is projected to grow at a CAGR of 10.2%, earning revenues of around USD 287.8 million by the end of 2028. The India prime power diesel genset market is booming due to the extensive gap between demand and supply of power in India. The lack of grid infrastructure in rural areas and lack of non-renewable sources of energy like coal make prime power diesel gensets a need of the hour. Furthermore, the government initiatives like Housing for All by 2022, the Make in India Campaign will stimulate the demand for prime power diesel gensets as they provide power backup for commercial, industrial, and residential purposes. The increasing demand for high-speed telecommunication services is stimulating the growth of the Indian telecommunication industry, which is also propelling the growth of the India Prime Power Diesel Genset Market.

Growing Telecommunication Industry and Energy-efficient and Eco-Friendly Features in Gensets to Drive the Market Growth

The Indian telecommunication industry is growing rapidly. India has come a long way from a 1G cellular network in the 1980s to a 5G cellular network in the 2020s. It is facilitated by the installation of telecom towers, data centers, and continuous electricity supply from the grid. Unfortunately, the electricity supply is not continuous in India due to a power shortage. According to the Telecom Regulatory Authority of India, the number of telephone subscribers rose from 1,179.49 million in January 2021 to 1,187.90 million in February 2021, exhibiting a growth rate of 0.71%. To fulfill this ever-increasing demand for high-speed telecommunication services, the Indian telecommunication industry largely depends on prime power diesel gensets as they provide power backup and prevent revenue loss due to inadequacy of power for operations. This is driving the growth of India's prime power diesel genset market.

With changing times, the awareness of customers and manufacturers has increased, and this has resulted in product diversification in terms of energy-efficiency, noise cancellation, and eco-friendliness. As per EPR Magazine Editorial, Jackson Group was the first company in India to produce acoustic enclosures in generators to control noise pollution. Their gensets are environment friendly as they comply with Central Pollution Control Board II emission norms and mandatorily meet the exhaust emission standards issued by the Government of India. Moreover, their diesel generators have fuel injection systems to facilitate efficient combustion and controlled emissions.

India Prime Power Diesel Genset Market - By Region

Based on region, the India Prime Power Diesel Genset Market is segmented into Uttar Pradesh, Andhra Pradesh, Madhya Pradesh, Bihar, Karnataka, Gujarat, Tamil Nadu, Rajasthan, West Bengal, Jharkhand, Chhattisgarh, and others. Amidst the segmentation, Uttar Pradesh generates the highest demand for prime power diesel gensets and is also expected to grow with the highest CAGR during the forecast period 2022-2028. This is because Uttar Pradesh is the most-populated state in India; therefore, the prime power requirements in the residential facilities are spiking. Moreover, increasing investments in the manufacturing sector and telecom sector and the development of commercial infrastructure are also driving its growth.

Impact of COVID-19 on India Prime Power Diesel Genset Market

The India Prime Power Diesel Genset market was initially negatively impacted during the Covid-19 pandemic. The countrywide lockdown restrictions led to the shutdown of manufacturing industries. As the demand for electricity for industrial and commercial purposes decreased, the sale of generators also fell. During the second wave of Covid-19, the demand for prime power diesel gensets increased in the healthcare facilities due to the unexpected needs of hospitals. As the Indian economy reopened in the post-Covid times, the demand for prime power diesel gensets is expected to rise for commercial and industrial purposes. This will lead to intensified industrialization and lead to enhanced revenue generation in India.

Competitive Landscape

Kirloskar Oil Engines Limited, Ashok Leyland Limited, Greaves Cotton Limited, VE Commercial Vehicles Limited, Mahindra Powerol Ltd., Cummins India Ltd., Caterpillar Inc., Cooper Corporation Pvt. Ltd., Kohler Power India Ltd., Tractors and Farm Equipment Limited, Escorts Limited are prominent players operating in India Prime Power Diesel Genset Market. In June 2021, Cooper Corporation Pvt. Ltd. launched Cooper Bolt Mini, a 5kVA compact diesel generator; it addresses the demand for a continuous power supply, offers low fuel consumption, and has lower maintenance requirements. These companies diversify their products and participate in alliances, acquisitions, and partnerships to expand their customer reach and gain a competitive advantage in the market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the India Prime Power Diesel Genset Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Prime Power Diesel Genset Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC22448

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. India Prime Power Diesel Genset Market Insights

3.1. Application Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Vast Gap Between Power Demand and Supply
  - 3.2.1.2. Increased Government Initiatives
- 3.2.2. Restraint
  - 3.2.2.1. High Pricing and High Installation and Maintenance Costs
- 3.2.3. Opportunities
  - 3.2.3.1. Growing Telecommunication Industry
  - 3.2.3.2. Energy-efficient and Eco-Friendly Features in Gensets
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. India Prime Power Diesel Genset Market Overview

4.1. Market Size & Forecast by Value, 2018-2028
- 4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
- 4.2.1. By Power Rating
  - 4.2.1.1. 5 kVA-75 kVA
  - 4.2.1.2. 76 kVA-375 kVA
  - 4.2.1.3. 376 kVA-750 kVA
  - 4.2.1.4. Above 750 kVA
- 4.2.2. By Application
  - 4.2.2.1. Commercial
  - 4.2.2.2. Industrial
  - 4.2.2.3. Residential
- 4.2.3. By Region
  - 4.2.3.1. Uttar Pradesh
  - 4.2.3.1.1. By Power Rating
  - 4.2.3.1.2. By Application
  - 4.2.3.2. Andhra Pradesh
  - 4.2.3.2.1. By Power Rating
  - 4.2.3.2.2. By Application
  - 4.2.3.3. Madhya Pradesh
  - 4.2.3.3.1. By Power Rating
  - 4.2.3.3.2. By Application
  - 4.2.3.4. Bihar
  - 4.2.3.4.1. By Power Rating
  - 4.2.3.4.2. By Application
  - 4.2.3.5. Karnataka
  - 4.2.3.5.1. By Power Rating
  - 4.2.3.5.2. By Application
  - 4.2.3.6. Gujarat
  - 4.2.3.6.1. By Power Rating
  - 4.2.3.6.2. By Application
  - 4.2.3.7. Tamil Nadu
  - 4.2.3.7.1. By Power Rating
  - 4.2.3.7.2. By Application
  - 4.2.3.8. Rajasthan
  - 4.2.3.8.1. By Power Rating
  - 4.2.3.8.2. By Application
  - 4.2.3.9. West Bengal
  - 4.2.3.9.1. By Power Rating
  - 4.2.3.9.2. By Application
  - 4.2.3.10. Jharkhand
  - 4.2.3.10.1. By Power Rating
  - 4.2.3.10.2. By Application
  - 4.2.3.11. Chhattisgarh
  - 4.2.3.11.1. By Power Rating
  - 4.2.3.11.2. By Application
  - 4.2.3.12. Others
  - 4.2.3.12.1. By Power Rating
  - 4.2.3.12.2. By Application

5. Competitive Landscape

5.1. List of Key Players and Their Offerings
5.2. India Prime Power Diesel Genset Company Market Share Analysis, 2021
5.3. Competitive Benchmarking, By Operating Parameters
5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

6. Impact of Covid-19 on India Prime Power Diesel Genset Market

7. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, SWOT, and Strategic Outlook)

7.1. Kirloskar Oil Engines Limited
7.2. Ashok Leyland Limited
7.3. Greaves Cotton Limited
7.4. VE Commercial Vehicles Limited
7.5. Mahindra Powerol Ltd.
7.6. Cummins India Ltd.
7.7. Caterpillar Inc.
7.8. Cooper Corporation Pvt. Ltd.
7.9. Kohler Power India Ltd.
7.10. Tractors and Farm Equipment Limited
7.11. Escorts Limited
7.12. Other Prominent Players

8. Key Strategic Recommendations

9. Research Methodology

9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
9.2. Quantitative Research
9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
9.4. Breakdown of Primary Research Respondents, By Region
9.5. Assumptions & Limitations

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

Product Code: BWC22448

List of Figures

Figure 1 India Prime Power Diesel Genset Market Segmentation
Figure 2 India Prime Power Diesel Genset Market Value Chain Analysis
Figure 3 Porter's Five Forces Analysis
Figure 4 PESTEL Analysis
Figure 5 India Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 6 India Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 7 India Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 8 India Prime Power Diesel Genset Market Share, By Region, By Value, 2018-2028
Figure 9 Uttar Pradesh Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 10 Uttar Pradesh Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 11 Uttar Pradesh Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 12 Andhra Pradesh Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 13 Andhra Pradesh Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 14 Andhra Pradesh Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 15 Madhya Pradesh Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 16 Madhya Pradesh Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 17 Madhya Pradesh Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 18 Bihar Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 19 Bihar Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 20 Bihar Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 21 Karnataka Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 22 Karnataka Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 23 Karnataka Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 24 Gujarat Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 25 Gujarat Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 26 Gujarat Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 27 Tamil Nadu Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 28 Tamil Nadu Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 29 Tamil Nadu Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 30 Rajasthan Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 31 Rajasthan Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 32 Rajasthan Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 33 West Bengal Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 34 West Bengal Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 35 West Bengal Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 36 Jharkhand Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 37 Jharkhand Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 38 Jharkhand Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 39 Chhattisgarh Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 40 Chhattisgarh Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 41 Chhattisgarh Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 42 Others Prime Power Diesel Genset Market Size, By Value (USD Million), 2018-2028
Figure 43 Others Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 44 Others Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 45 Company Market Share Analysis, 2021

List of Tables

Table 1 India Prime Power Diesel Genset Market Size, By Power Rating, By Value, 2018-2028
Table 2 India Prime Power Diesel Genset Market Size, By Application, By Value, 2018-2028
Table 3 India Prime Power Diesel Genset Market Size, By Region, By Value, 2018-2028
Figure 4 Uttar Pradesh Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 5 Uttar Pradesh Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 6 Andhra Pradesh Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 7 Andhra Pradesh Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 8 Madhya Pradesh Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 9 Madhya Pradesh Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 10 Bihar Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 11 Bihar Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 12 Karnataka Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 13 Karnataka Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 14 Gujarat Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 15 Gujarat Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 16 Tamil Nadu Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 17 Tamil Nadu Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 18 Rajasthan Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 19 Rajasthan Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 20 West Bengal Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 21 West Bengal Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 22 Jharkhand Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 23 Jharkhand Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 24 Chhattisgarh Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 25 Chhattisgarh Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Figure 26 Others Prime Power Diesel Genset Market Share, By Power Rating, By Value, 2018-2028
Figure 27 Others Prime Power Diesel Genset Market Share, By Application, By Value, 2018-2028
Table 28 Key Players and Their Offerings
Table 29 Competitive Benchmarking, By Operating Parameters
Table 30 Merger Acquisition, Partnership, Joint-Ventures etc
Table 31 Kirloskar Oil Engines Limited Company Overview
Table 32 Kirloskar Oil Engines Limited Financial Overview
Table 33 Ashok Leyland Limited Company Overview
Table 34 Ashok Leyland Limited Financial Overview
Table 35 Greaves Cotton Limited Company Overview
Table 36 Greaves Cotton Limited Financial Overview
Table 37 VE Commercial Vehicles Limited Company Overview
Table 38 VE Commercial Vehicles Limited Financial Overview
Table 39 Mahindra Powerol Ltd. Company Overview
Table 40 Mahindra Powerol Ltd. Financial Overview
Table 41 Cummins India Ltd. Company Overview
Table 42 Cummins India Ltd. Financial Overview
Table 43 Caterpillar Inc. Company Overview
Table 44 Caterpillar Inc. Financial Overview
Table 45 Cooper Corporation Pvt. Ltd. Company Overview
Table 46 Cooper Corporation Pvt. Ltd. Financial Overview
Table 47 Kohler Power India Ltd. Company Overview
Table 48 Kohler Power India Ltd. Financial Overview
Table 49 Tractors and Farm Equipment Limited Company Overview
Table 50 Tractors and Farm Equipment Limited Financial Overview
Table 51 Escorts Limited Company Overview
Table 52 Escorts Limited Financial Overview

India Prime Power Diesel Genset Market - Industry Size, Share, Trend Analysis, and Forecast Report, 2022-2028, Segmented by Power Rating ; Application ; Region ; Trend Analysis, Competitive Market Share & Forecast, 2022-2028

Description

Table of Contents

List of Tables

Table of Contents

1. Research Framework

2. Executive Summary

3. India Prime Power Diesel Genset Market Insights

4. India Prime Power Diesel Genset Market Overview

5. Competitive Landscape

6. Impact of Covid-19 on India Prime Power Diesel Genset Market

7. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, SWOT, and Strategic Outlook)

8. Key Strategic Recommendations

9. Research Methodology

List of Figures

List of Tables