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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Portable Generator Market Growth
The key driver for the Indian portable generator market is the increased number of power outages across the nation due to the surge in power demand. As of 2022, the western part of the country, particularly Rajasthan faced the maximum number of power shortages. In May 2024, the demand for power in the country rose to 250 gigawatts for the month, 15 GW more than the projected demand. In order to meet this demand and prevent power outages, there has been an increase in production as well as the sale of portable generators. Along with this, the technological advancements and ongoing urbanization in the country also play a pivotal role in boosting the India portable generator market revenue.
The Central Pollution Control Board (CPCB) announced in March 2022 a three-pronged strategy to reduce pollution from older diesel generator sets: requiring the retrofitting of gensets with emission control devices, scrapping diesel gen-sets older than 15 years, and enforcing stricter emission standards for newer gensets. Implementing such policies will facilitate the expansion of portable gas generator use, which will lower pollution levels nationwide.
India Portable Generator Market Report Snapshots
India Portable Generator Market Size
India Portable Generator Market Growth
India Portable Generator Market Share
India Portable Generator Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market will presumably grow at a CAGR of 6.80% in the period between 2025 and 2034.
The major drivers of the market include the surge in demand for power across the nation, rapid urbanization and industrialisation, and the increasing use of portable generator in hospitals and airports.
An increasing awareness towards the use of natural gas in power generation, increasing popularity of portable hybrid generators and the rising reliability of the hybrid system are the key trends of the market.
Based on fuel type, the market is divided into two primary segments- gas and diesel.
The major players in the industry are Atlas Copco AB, Caterpillar Inc., Siemens AG, Cummins Inc., Honeywell International Inc., Yanmar Holdings Co., Ltd. (Himoinsa S.L.), Honda Motor Co. Ltd, Kohler Co., Kirloskar Oil Engines Limited, Yamaha Corp., and Mahindra and Mahindra Ltd., among others.
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India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124