Energia
Diesel Genset Market of India to Surpass $1,831.2 Million Revenue by 2030, Says P&S Intelligence
The market is dominated by Uttar Pradesh, as investments in its construction domain are booming. Currently, five of the biggest construction projects underway in the state are the Purvanchal Expressway, Bundelkhand Expressway, Ganga Expressway, Gorakhpur–Azamgarh Link Expressway, and Noida International Airport (Jewar Airport).
Kirloskar Oil Engines Limited, Greaves Cotton Limited, Ashok Leyland Limited, VE Commercial Vehicles Limited, Cummins India Ltd., Mahindra Powerol Ltd., Caterpillar Inc., Kohler Power India Ltd., Cooper Corporation Pvt. Ltd., and Tractors and Farm Equipment Limited are the biggest companies in the DG set market in
India .
The Indian residential diesel genset market value stood at $91.3 million in 2020, and it is predicted to rise to $184.9 million by 2030, registering a CAGR of 7.3% from 2020 to 2030.
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Prajneesh Kumar
P&S Intelligence
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