India power generation
engines market stood at more than 164 thousand units in
2019 and would continue to grow in the coming years due to increasing construction projects as well as rapid pace of industrialization
in the country. Moreover, presence of reputed power generation engine
manufacturers in India is anticipated to have a positive impact on the market
in the coming years.
Based on end use, the India
power generation engines market can be segmented into industrial, commercial
and residential. Among these, commercial power generation engines segment was
the largest segment by volume in 2019 and is expected to dominate the market during
the forecast period as well on account of dominating share of services sector
in Indian economy. Based on fuel type, the market can be segmented into diesel,
petrol and gas. Among these, diesel engines garnered the largest market share
in India power generation engines market in 2019 and are expected to maintain
dominance during the forecast period as well owing to their low operational
cost, high demand from commercial and industrial segments coupled with easy availability of diesel in India.
In terms of regional
analysis, the market has been segmented into North, East, West and South
region. Among these, North India accounted for the highest market share in 2019
and is expected to hold its dominance during the forecast period which can be
attributed to development of North India in terms of rising urbanization,
growing number of business enterprises and robust infrastructure growth across
the region. However, the ongoing pandemic COVID-19’s impact in India has
triggered an economic slowdown, which might hamper the market for power
generation engines across the country.
operating in India power generation engines market include Mahindra & Mahindra
Limited, Cummins India Limited, Kirloskar Oil Engines
Limited, Caterpillar India Private Ltd and
others which include Escorts Group, Ashok Leyland Ltd, Atlas Copco (India) Ltd., Greaves Cotton Limited, etc.
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2025
Objective of the Study:
analyze and forecast India power generation engines market size.
classify and forecast India power generation engines market based on fuel
type, engine power, end use, and region.
identify drivers and challenges for India power generation engines market.
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in India power generation engines market.
conduct pricing analysis for India power generation engines market.
identify and analyze the profile of leading players operating in India power
generation engines market.
Click here to download the sample
TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of leading power generation engine manufacturers across
the country. Subsequently, TechSci Research conducted primary research surveys with
the identified companies. While interviewing, the respondents were also
enquired about their competitors. Through this technique, TechSci Research
could include the manufacturers which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the product
offerings, distribution channels and presence of all major players operating in
power generation engines market in India.
TechSci Research calculated India power
generation engines market size using a bottom-up approach, wherein data
for various end-user segments was recorded and forecast for the future years.
TechSci Research sourced these values from the industry experts and company
representatives and externally validated through analyzing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
Power generation engines manufacturers,
suppliers, distributors and other stakeholders
Government bodies such as regulating
authorities and policy makers
Organizations, forums and alliances
related to power generation engines
Market research and consulting firms
The study is useful in providing
answers to several critical questions that are important for industry
stakeholders such as power generation engines manufacturers, suppliers,
distributors and other stakeholders. The report would enable the stakeholders
in strategizing investments and capitalizing on emerging market opportunities.
this report, India power generation engines market has been segmented into
following categories, in addition to the industry trends which have also been
Market, By Fuel
Market, By End
Market, By Engine
5 – 75 HP
76 – 350 HP
351 – 750 HP
Above 751 HP
Kirloskar Oil Engines
Cummins India Private
Mahindra & Mahindra
Ashok Leyland Limited
Eicher Motors Limited
Caterpillar India Pvt Ltd
Atlas Copco (India) Ltd.
General Electric Company
Company Profiles: Detailed analysis of the major companies present in India
power generation engines market.
the given market data, TechSci Research offers customizations according to a
company’s specific needs. The following customization options are available for
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 [email protected]
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]