Product Code: ETC4531105 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India generator sales market import shipment experienced a significant decline with a CAGR of -15.0% from 2020 to 2024. The growth rate plummeted by -68.3% between 2023 and 2024, indicating a sharp contraction in market activity. The market exhibited a clear trend of deceleration and contraction during this period.
The generator sales market in India is a crucial component of the country`s power infrastructure. Generators are used in various sectors, including commercial, industrial, and residential, as backup power sources to combat electricity shortages. The market has experienced growth due to increasing power demand and the need for reliable electricity supply, especially in regions with unreliable grid infrastructure.
The generator sales market in India is primarily influenced by the need for backup power solutions. Factors such as unreliable power grids, extreme weather conditions, and increasing industrialization drive the demand for generators. Businesses and households require a reliable source of electricity, making generator sales a critical market.
Challenges in the generator sales market include stiff competition and the need for reliable after-sales service. Meeting customer demands for energy efficiency, emissions control, and product reliability are key challenges for generator manufacturers and suppliers.
The India Generator Sales market experienced a surge in demand during the COVID-19 pandemic. With increased awareness of the need for backup power sources, both residential and industrial customers invested in generators. The market saw a boost in sales, but supply chain disruptions and production challenges occasionally led to delays in delivery.
In the generator sales market of India, key players like Mahindra Powerol, Kirloskar Electric Company, and Cummins India hold significant market shares. These companies specialize in manufacturing and distributing a wide range of generators catering to diverse sectors such as commercial, industrial, and residential power backup solutions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Generator Sales Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Generator Sales Market Revenues & Volume, 2021 & 2031F |
3.3 India Generator Sales Market - Industry Life Cycle |
3.4 India Generator Sales Market - Porter's Five Forces |
3.5 India Generator Sales Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 India Generator Sales Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 India Generator Sales Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Generator Sales Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the industrial sector leading to increased demand for backup power solutions |
4.2.2 Rise in construction activities and infrastructure development projects requiring reliable power sources |
4.2.3 Government initiatives promoting renewable energy solutions, driving the adoption of hybrid generators |
4.3 Market Restraints |
4.3.1 Fluctuating fuel prices affecting the operational costs of generators |
4.3.2 Regulatory challenges and compliance requirements impacting the market entry of new players |
4.3.3 Increasing competition from alternative power sources like solar energy systems |
5 India Generator Sales Market Trends |
6 India Generator Sales Market, By Types |
6.1 India Generator Sales Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 India Generator Sales Market Revenues & Volume, By Fuel Type, 2021-2031F |
6.1.3 India Generator Sales Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.4 India Generator Sales Market Revenues & Volume, By Gas, 2021-2031F |
6.2 India Generator Sales Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 India Generator Sales Market Revenues & Volume, By Up to 50 kW, 2021-2031F |
6.2.3 India Generator Sales Market Revenues & Volume, By 51??280 kW, 2021-2031F |
6.2.4 India Generator Sales Market Revenues & Volume, By 281-500 kW, 2021-2031F |
6.2.5 India Generator Sales Market Revenues & Volume, By 501-2000 kW, 2021-2031F |
6.2.6 India Generator Sales Market Revenues & Volume, By 2001-3500 kW, 2021-2031F |
6.2.7 India Generator Sales Market Revenues & Volume, By Above 3500 kW, 2021-2031F |
6.3 India Generator Sales Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Generator Sales Market Revenues & Volume, By Stand, 2021-2031F |
6.3.3 India Generator Sales Market Revenues & Volume, By Continuous, 2021-2031F |
7 India Generator Sales Market Import-Export Trade Statistics |
7.1 India Generator Sales Market Export to Major Countries |
7.2 India Generator Sales Market Imports from Major Countries |
8 India Generator Sales Market Key Performance Indicators |
8.1 Average capacity utilization rate of generators in key industries |
8.2 Number of new infrastructure projects awarded and their power requirements |
8.3 Adoption rate of hybrid generators in residential and commercial sectors |
8.4 Average maintenance cost per generator unit |
8.5 Percentage of downtime due to power outages in critical sectors |
9 India Generator Sales Market - Opportunity Assessment |
9.1 India Generator Sales Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 India Generator Sales Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 India Generator Sales Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Generator Sales Market - Competitive Landscape |
10.1 India Generator Sales Market Revenue Share, By Companies, 2024 |
10.2 India Generator Sales Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |