India diesel genset rental market was valued at USD136.72 million in 2021 and is projected to grow around USD191.81 million by 2027 due to rise in construction activities and smart city development in the North, as well as the wide use of power rating between 100.1-350KVA in manufacturing and construction activities is likely to propel the India diesel genset rental market during the forecast period.

Rental diesel gensets act as an emergency power backup during power shortages and cuts to keep operations running smoothly and act as a secondary source of electricity at many establishments. These diesel gensets are not operated regularly, so they are more feasible to hire instead of blocking and investing capital. They also serve as an excellent temporary solution for various industries, such as mining, industrial and commercial property management sectors, education, construction, healthcare, etc.

Power Outrage During Natural Calamities Drive the Growth of India Diesel Genset Rental Market

With the increase in the population of India, people have started moving to those areas which are prone to natural disasters such as earthquakes, landslides, floods, heavy rainfall, storms, heavy snowfall, etc. Additionally, these crises are also rising due to changes in the climatic conditions, global warming, etc. that hinder the transmission and distribution of power supply in the country, which gives rise to problems such as power outrage. To overcome such situations, people prefer to use rental diesel gensets because they are easily available, require no investment capital, and maintenance and installation. Moreover, after the disaster strikes, government officials and energy companies face critical problems such as disruptions in power supply in hospitals and infrastructure facilities like power plants, etc. Therefore, to fulfill the uninterrupted power supply, various companies and industries will likely use rental diesel gensets that propel the India diesel genset rental market. 

Increased Government Initiatives in Manufacturing Sector to Boost the India Diesel Genset Rental Market Growth

The Government of India is continuously taking various initiatives to promote the healthy growth of the manufacturing sector in the country, such as ‘Make in India", which aims to build the best manufacturing infrastructure in the country and encourage investors and manufacturers to invest and build in India. Disruption in the global supply chain has also opened various opportunities for the manufacturing sector in India on a large scale. Additionally, government policy initiatives such as Production Linked Incentives (PLI) aim to boost domestic manufacturing. As of September 2021, the Government of India approved a PLI worth USD3.53 billion for the automotive sector. Furthermore, the Micro, Small, and Medium Enterprises (MSMEs) contribution to the key public and private sector industries fulfill increasing domestic demand while growth in exports helps to gain traction within the country further. There are many manufacturing companies that prefer to hire diesel gensets for rent due to the high cost of maintenance and operation and to avoid the purchasing cost of diesel gensets. Therefore, huge growth in the manufacturing and MSME sectors will likely boost India diesel genset rental market.

Various Policies and Norms to Limit the Emission from Fuel Engines

With the increasing urbanization, pollution concern is also increasing due to the rise in industrial emissions day by day, burning of fossil fuels, increasing transportation, etc. Therefore, various government policies and norms have been approved to limit the emissions, such as the Bharat Stage VI Emission norms under which only 50 parts per million sulfur content is permitted. Furthermore, the Ministry of Environment, Forestry, and Climate Change (MoEF&CC) has proposed some universal emission norms for diesel generators that operate on all types of fuels. As a result, all these rules and policies are projected to benefit the India diesel genset rental market.


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Market Segmentation

The India diesel genset rental market can be segmented based on Power Rating, Vertical, and Region. Based on Power Rating, the market can be segmented into Below 100KVA, 100.1-350KVA, 350.1-750KVA, 750.1-1000KVA, Above 1000KVA. In terms of vertical, the market is segmented into Construction, Manufacturing, Healthcare, IT & Telecom, Residential, Others (Hospitality, Education, Events, Banks, Offices, shopping malls). Based on region, the market is segmented into North, South, West, and East.

Company Profiles

GMMCO Limited, Sudhir Power Ltd., Kohler Power India Pvt Ltd., Perfect Generator Technologies Private Limited, Aggreko Energy Rental India Pvt. Ltd., Others (Pioneer Power Service Pvt Ltd, Power Mak Industries LLP, Modern Energy Rental Pvt. Ltd), etc. are the major players operating in the India diesel genset rental market.

Attribute

Details

Market Size Value in FY2021

USD445.18 Million

Revenue Forecast in FY2027

USD616.15 Million

Growth Rate

5.92%

Base Year

2021

Historical Years

2017 – 2021

Estimated Year

2022

Forecast Period

2022 – 2027

Quantitative Units

Revenue in (USD Million), and CAGR for 2017-2021 and 2022-2027

Report Coverage

·         Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         By Power Rating

·         By Vertical

·         By Region

Regional Scope

North, South, West, East

Key Companies Profiled

GMMCO Limited, Sudhir Power Ltd., Kohler Power India Pvt Ltd., Perfect Generator Technologies Private Limited, Aggreko Energy Rental India Pvt. Ltd., Others (Pioneer Power Service Pvt Ltd, Power Mak Industries LLP, Modern Energy Rental Pvt. Ltd)

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

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Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, India Diesel Genset Rental Market has been segmented into the following categories in addition to the industry trends which have also been listed below:

  • India Diesel Genset Rental Market, By Power Rating:

o   Below 100KVA

o   100.1-350KVA

o   350.1-750KVA

o   750.1-1000KVA

o   Above 1000KVA

  • India Diesel Genset Rental Market, By Vertical:
    • Construction
    • Manufacturing
    • Healthcare
    •  IT & Telecom
    •  Residential
    •  Others (Hospitality, Education, Events, Banks, Offices, Shopping Malls)

·         India Diesel Genset Rental Market, By Region:

    • North
    • South
    • West
    • East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Diesel Genset Rental Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Service Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on India Diesel Genset Rental Market

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Factors Influencing Rental Decision

5.3.  Factors Considered for Choosing Diesel Generator while Renting

5.4.  Rental Company Satisfaction Level

5.5.  Challenges /Unmet Needs

6.    India Diesel Genset Rental Market Outlook

6.1.  Market Size & Forecast

6.1.1.                By Value       

6.2.  Market Share & Forecast

6.2.1.             By Rating (Below 100KVA, 100.1-350KVA, 350.1-750KVA, 750.1-1000KVA, Above 1000KVA)   

6.2.2.              By Vertical (Power Utilities, Construction, Manufacturing, Others {Hospitality, Education, Events, Banks, Offices, Shopping Malls, etc.})     

6.2.3.                By Region     

6.2.4.                By Company (2021)

6.3.  Market Map (By Rating, By Vertical, By Region)

7.    North India Diesel Genset Rental Market Outlook

7.1.  Market Size & Forecast

7.1.1.                  By Value

7.2.  Market Share & Forecast

7.2.1.                  By Rating

7.2.2.                  By Vertical

8.    South India Diesel Genset Rental Market Outlook

8.1.  Market Size & Forecast

8.1.1.                  By Value

8.2.  Market Share & Forecast

8.2.1.                  By Rating

8.2.2.                  By Vertical

9.    West India Diesel Genset Rental Market Outlook

9.1.  Market Size & Forecast

9.1.1.                  By Value

9.2.  Market Share & Forecast

9.2.1.                  By Rating

9.2.2.                  By Vertical

10.  East India Diesel Genset Rental Market Outlook

10.1.         Market Size & Forecast

10.1.1.                By Value

10.2.         Market Share & Forecast

10.2.1.                By Rating

10.2.2.                By Vertical

11.  Market Dynamics

11.1.         Drivers

11.2.         Challenges

12.  Market Trends and Developments                                                                       

13.  Policy & Regulatory Landscape                                                                          

14.  India Economic Profile

15.  Company Profiles

15.1.         Cummins India Limited

15.2.         Kirloskar Oil Engines Limited

15.3.         Kohler Power India Pvt Ltd.

15.4.         Ashok Leyland Ltd

15.5.         Perennial Technologies

15.6.         Sudhir Power Ltd.

15.7.         Aggreko Energy Rental India Pvt. Ltd.

15.8.         Marco Gensets Pvt. Ltd.

15.9.         Mahindra Powerol

15.10.      Tafe Motors and Tractors Limited

15.11.      Perfect Generator Technologies Private Limited

15.12.      Modern Energy Rental Pvt. Ltd

15.13.      Power Mak Industries LLP

15.14.      Pioneer Power Service Pvt Ltd

15.15.      GMMCO Limited

16.  Strategic Recommendations                                                                               

Note: The data given for any year represents the market during the period, i.e., 1st April of the previous year to 31st March of that year. eg: For 2022E, the data represents the period, 1st April 2021 to 31st March 2022.

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

    Figure 1: India Diesel Genset Rental Market Size, By Value (USD Million), 2017-2027F

    Figure 2: Number of Affordable Housing Units Completed in India, By Top 10 States, 2014-2021

    Figure 3: Investment Value in Affordable Housing Programs in India, By Top 10 States, (USD Billion), 2014-2021

    Figure 4: Sector-wise GDP in India (%), FY2021

    Figure 5: India Diesel Genset Rental Market Share, By Rating, By Value, 2017-2027F

    Figure 6: India Diesel Genset Rental Market Share, By Vertical, By Value, 2017-2027F

    Figure 7: Iron and Steel Plants in India

    Figure 8: Cement Plants in India

    Figure 9: Oil and Gas Refineries in India

    Figure 10: Major Mining Companies in India and their Plant Locations

    Figure 11: India Diesel Genset Rental Market Share, By Region, By Value, 2017-2027F

    Figure 12: India Diesel Genset Rental Market Share, By Company, By Value, 2021

    Figure 13: India Diesel Genset Rental Market Map, By Rating, Market Size (USD Million) & Growth Rate (%), 2021

    Figure 14: India Diesel Genset Rental Market Map, By Vertical, Market Size (USD Million) & Growth Rate (%), 2021

    Figure 15: India Diesel Genset Rental Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2021

    Figure 16: North India Diesel Genset Rental Market Size, By Value (USD Million), 2017-2027F

    Figure 17: North India Diesel Genset Rental Market Share, By Rating, By Value, 2017-2027F

    Figure 18: North India Diesel Genset Rental Market Share, By Vertical, By Value, 2017-2027F

    Figure 19: South India Diesel Genset Rental Market Size, By Value (USD Million), 2017-2027F

    Figure 20: South India Diesel Genset Rental Market Share, By Rating, By Value, 2017-2027F

    Figure 21: South India Diesel Genset Rental Market Share, By Vertical, By Value, 2017-2027F

    Figure 22: West India Diesel Genset Rental Market Size, By Value (USD Million), 2017-2027F

    Figure 23: West India Diesel Genset Rental Market Share, By Rating, By Value, 2017-2027F

    Figure 24: West India Diesel Genset Rental Market Share, By Vertical, By Value, 2017-2027F

    Figure 25: East India Diesel Genset Rental Market Size, By Value (USD Million), 2017-2027F

    Figure 26: East India Diesel Genset Rental Market Share, By Rating, By Value, 2017-2027F

    Figure 27: East India Diesel Genset Rental Market Share, By Vertical, By Value, 2017-2027F