India Prime Power Diesel Genset Market Analysis

India Prime Power Diesel Genset Industry Analysis

Commercial Category Dominates Application Segment

The commercial category holds the largest share, of 55%, in 2024, and it is also expected to witness the highest CAGR, of 8.6%, during the forecast period. This is because of the strong need for a continuous power supply in commercial buildings, such as hotels, railway stations, telephone exchanges, and shops.

Further, in the commercial sector, power outages can be costly. Prime power diesel generators act as a backup power source and serve as a form of insurance, which can save the revenue lost due to the inadequacy of electrical power for operations.

We have studied the following applications

• Commercial (Largest and Fastest-Growing Category)
• Industrial
• Residential

5–75 kVA Power Rating Category to Witness Fastest Growth

The 5–75kVA category dominates the market in 2024 with 35% share, and it is expected to witness the fastest growth during this decade, at a CAGR of 8.7%.

This is due to the wide adoption of 5–75-kVA prime power diesel gensets in the commercial sector to suffice power requirements. These gensets are rather important in the telecom sector; therefore, the increasing installation of telecom towers is driving their sales.

Moreover, a large number of companies produce such types of diesels gensets for both the domestic and export markets. Furthermore, these companies have diversified and comprehensive product portfolios, including diesel gensets of various nodes/power ratings.

The following power ratings have been analyzed:

• 5 kVA–75 kVA (Largest and Fastest-Growing Category)
• 76 kVA–375 kVA
• 376 kVA–750 kVA
• Above 750 kVA