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Gensets Market in India 2016-2020

Gensets Sector: Forecast until 2020 in India

  • July 2016
  • 71 pages
  • ID: 2523079
In this report:
According to the Indian Industry Ministry, during January-June 2015, the country received a foreign direct investment of $##.## billion, an increase of ##% over the same period last year.
The consumption of electricity will rise in the residential sector from ##% in 2013 to ##% by 2040 mainly due to the rise in per capita disposable income, leading to an increase in appliance ownership and demand for cooling.

Summary

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About the Genset Market in India

Electricity is one of the main requirements for industrial, commercial, infrastructural, and residential growth of any country. The availability of uninterrupted power supply is essential to fuel the growth of every industry, be it large-scale or small-scale, education, manufacturing, or healthcare.

Low fuel availability of electricity is one of the main concerns faced by Indian industries. Coal supply by Coal India is restricted to about 65.0 percent of the actual coal requirement by coal-based thermal plants. This has led to increased dependence on imported coal, which in turn has resulted in increased power generation costs due to limited fuel availability. Rised operational inefficiencies and outstanding debts have led to poor financial health of state electricity distribution companies in India (IN). As reported by the Indian Planning Commission, electricity generation has to be increased by five to six times the 2003-2004 levels by 2031-2032 to assure a sustained 8.0 percent growth of the economy. If this requirement is not met, the growing demand for gensets in the area for uninterrupted power supply will remain.

Research firm's analysts estimation the genset sector in India (IN) to grow at a Compound annual growth rate of 14.0 percent between 2016 and 2020.

What is the scope of this report?

The industry report contains the current situation and the growth perspectives of the genset sector in India (IN) for 2016-2020.

Market research firm's report, Genset Sector in India 2016-2020, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

- For a full, in-depth list, view our market report

What are the ongoing market challenges?

- Increased adoption of renewable energy sources

- For a full, exhaustive list, view our market report

How is the market going?

- Technological advances in gensets

- For a full, in-depth list, view our market report

What are the main questions answered in this report?

- What will both market value and growth rate be in 2020?

- What are the key market forecasts?

- What is driving this sector?

- What are the conditions to market growth?

- Who are the main sellers in this market environment?

- What are the opportunities in this industry and segment risks faced by the main vendors?

- What are the forces and weaknesses of the main vendors?

If you acquire this report, you can ask for one free hour with one of our analyst. Further information is provided within the report.

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