Press Release

India Gas Generator Market to be Dominated by Industrial Segment

Awareness regarding natural gas as a clean fuel and concerns toward maintenance of diesel genset are the factors expected to drive market growth during the forecast period.


According to TechSci Research report,
India Gas Generator Market - By Region, Competition Forecast & Opportunities, 2018-2028, the India Gas Generator Market is expected to register robust growth during the forecast period, 2023-2028. A gas generator is usually connected to the gas line to generate electricity. When the gas generator is working properly, air and gasoline are injected into the carburetor. The carburetor compresses and ignites the two, eventually spinning the rotor of the machine and producing the electrical current that powers the equipment. Hospitals, nursing homes, and other large facilities where continuous power supply is critical, routinely use natural gas or diesel generators to replace gasoline-powered generators. Gasoline has an expiration date and can be difficult to obtain when you need it most, such as in an emergency. Propane cylinders can also be in short supply in the event of a natural disaster. Diesel generators are also known contributors to air pollution, so companies looking for more sustainable options. In some states and regions, the cost of natural gas may be relatively low. This is a prime example of where natural gas generators shine. When the cost of natural gas is lower than that of diesel fuel, this is a smart way for generator users to reduce fuel costs and ensure backup generators can operate during unexpected power outages. This is also useful when unexpected power outages occur due to winter storms. 

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on the "India Gas Generator Market"

The India Gas Generator Market is segmented on the basis of type and end user. On the basis of glass type, the market is further divided into Up to 75kVA, 76 kVA-350 kVA, 351kVA-750kVA, >750kVA. During the forecast period, the Up to 75kVA segment in the grade type is expected to dominate the market in the forecast period of 2024-2028. Gas generators up to 75 kVA are mainly used as emergency power sources in on-grid areas and as main power sources in off-grid areas such as telecommunications sector, commercial establishments, small restaurants, small industries, and petrol stations, etc. In developing countries such as India, the demand for gas generators below 75kVA is expected to increase as the situation of SMEs changes. Power outages are common in some parts of India, so most homes and businesses prefer small portable and affordable generators. The Indian construction market is on the rise as favorable government initiatives such as smart cities and green building initiatives are expected to create demand for gas generators and propel the market during the forecast period. Gas production was 26.9 billion cubic meters in 2019 and the use of gas generators is expected to increase significantly during the forecast period. Growth was also driven by falling natural gas prices, pending housing projects, and government investment in small industries.


On the basis of
end user, the market is further segmented into industrial, domestic, commercial. During the forecast period, the industrial segment is expected to dominate the market during the forecast period of 2024-2028. The industrial sector, including mining, manufacturing, agriculture and construction, accounts for the largest share of energy consumption among all end-use sectors and accounts for a large share of the Indian gas generator market. In 2018, India generated 74.3 TWh of electricity from natural gas. Its share is likely to increase significantly during the forecast period, driving the demand for gas generators. Increased demand for continuous and reliable power supply from these industries, especially healthcare facilities, pharmaceutical industry and manufacturing facilities, is expected to boost the demand for gas generators. India is expected to witness robust industrial growth in the coming years owing to significant increase in investment in the manufacturing sector, which should boost the demand for gas generators in the industrial sector. Government initiatives to expand the industrial sector in India are expected to boost the demand for gas generators during the forecast period.


Key market players in the India Gas Generator Market: -

  • Caterpillar India Private Limited
  • Yanmar Co. Ltd
  • MTU India Private Ltd.
  • Cummins India Limited
  • Mahindra Powerol Limited
  • Prakash Diesels Private Limited
  • Green Power International Pvt Ltd
  • GGE Genset Private Limited
  • Wartsila India Private Limited
  • Green Power International Pvt Ltd.


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"Gas generators have numerous applications where they have proven to be useful than other types of generators. Reduction in emissions is one of the major advantages why gas generators are preferred. Industrial segment is expected to dominate the market as production of all essential and non-essential items require continuous power supply,
" said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.


India Gas Generator
market is segmented into Type, End User. Based on Type, the market is segmented into Up to 75kVA, 76 kVA-350 kVA, 351kVA-750kVA, >750kVA. Based on End User, the market is segmented into Industrial, Domestic, Commercial. By Region, Competition Forecast & Opportunities, 2018-2028 has evaluated the future growth potential of India Gas Generator Market and provides statistics & 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 decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Gas Generator Market.


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Power | Feb, 2023

Impact of gas generators on environment and low maintenance are the major factors expected to drive the India Gas Generator Market during the forecast period.

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