Honda Siel Power Products and Kirloskar Oil Engines to Dominate India Portable Generator Market
Growing commercial and residential sectors in
non-metro cities, increasing construction activities and unreliable power
sources in northern and eastern regions to fuel India portable
generator market during the forecast period
According to TechSci Research report, “India Portable Generator Market By Rating, By Fuel Type, By End User, Competition Forecast
& Opportunities, 2013 - 2023’’,
portable generator market in India is projected to reach $ 127
million by 2023. Key factors expected to drive the market include rising
power demand, technological
advancements for enhancing the standalone efficiency of engines as well as
alternators, coupled with implementation
of stringent pollution norms and
affordable housing projects
in the country.
Moreover, launch of new green
products with optimum utilization of fuel and low noise is further likely to steer growth in India portable generator market. Honda Siel
Power Products Limited and Kirloskar
Oil Engines Ltd. figured among
the largest players operating in India portable generator market in 2017, owing to their wide
product range, strong distribution channel and better product quality. Some of
the other major market players include Mahindra Powerol Limited,
Kohler Power India Private Limited and Atlas Copco (India) Limited.
Browse 60 market data
Figures and Tables spread through 101
Pages and an in-depth TOC on"India Portable Generator Market"
https://www.techsciresearch.com/report/india-portable-generator-market/1798.html
In terms of rating, India portable generator market is
dominated by 4.1 kVA – 6 kVA range, as these types
of generators are majorly used in the commercial sector. Moreover,
commercial sector accounted for the largest market share in 2017 and is likely
to maintain its market dominance during the forecast period. A large demand for
portable generators emanates from the country’s northern and eastern regions, on
account of higher electricity demand and poor grid infrastructure, especially in
the eastern region and in the state of Uttar Pradesh and Haryana in the
northern region. Diesel-based portable generators dominate the market, in terms
of fuel type, as they are comparatively cheaper than other fuel-based portable
generators.
Download
Sample Report@ https://www.techsciresearch.com/sample-report.aspx?cid=1798
Customers
can also request for 10% free customization on this report.
“As
per the Central Electricity Authority, southern and northern Indian regions are
expected to witness peak power deficits of -4.5% and -1.2% in 2019,
respectively. This is due to higher electricity demand coupled with
transmission & distribution losses in the regions. Technological advancements
and government initiatives for setting up manufacturing facilities and allowance
of 100% FDI in the country are some of the other factors expected to positively influence portable
generator market in India over the course of
next five years.”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“India Portable Generator Market By Rating, By Fuel Type, By End User,
Competition Forecast & Opportunities, 2013 - 2023” has
evaluated the future growth potential of India portable generator market and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decision. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in India
portable generator market.
About TechSci Research
TechSci
Research is a leading global market research firm publishing premium market
research reports. Serving 700 global clients with more than 600 premium market
research studies, TechSci Research is serving clients across 11 different
industrial verticals. TechSci Research specializes in research based consulting
assignments in high growth and emerging markets, leading technologies and niche
applications. Our workforce of more than 100 fulltime Analysts and Consultants
employing innovative research solutions and tracking global and country
specific high growth markets helps TechSci clients to lead rather than follow
market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]