Dec 15, 2017   SOURCE: BusinessWire

India Diesel Generator Rental Market 2017-2023 - Research and Markets

The "India Diesel Generator Rental Market (2017-2023): Forecast by KVA Rating, Verticals, Market Structure, Regions and Competitive Landscape" report has been added to Research and Markets' offering.

The India Diesel Generator Rental market is projected to grow at a CAGR of over 18% during 2017-2023.

Increasing demand for prime and standby sources of power across industrial and commercial applications in India buoyed the integration of diesel generators on rental basis across the country. On account of off-shore areas and unreliable power supply, diesel generator rental solutions have become major source of power for various applications across India. In addition to the residential and commercial applications, high KVA rating diesel generator rental solutions are also used across power utilities, either as a prime or stand by source to power industrial sector especially in the manufacturing sector.

In terms of market segments, below 100 KVA rating gensets registered majority of the market revenues in 2016. Low ownership cost, ease of availability, and higher usage across numerous applications have spurred the demand. During the forecast period, the below 100KVA rating genset segment is expected to maintain its market dominance on account of increasing demand across various applications including construction, telecom infrastructure, events and hospitality & healthcare.

In terms of market applications, in 2016, construction activities and manufacturing together with power utilities registered higher revenues in India diesel generator rental market. Additionally, during the forecast period, these applications are likely to continue its market dominance attributed to rising construction activities on account of smart cities and infrastructure development across various parts of the country.

Markets Covered

The report provides detailed analysis of the following market segments:

  • By KVA Ratings:
    • Below 100 KVA
    • 100.1-350 KVA
    • 350.1-750 KVA
    • 750.1-1000 KVA
    • Above 1000 KVA
  • By Verticals:
    • Power Utilities
    • Construction
    • Manufacturing
    • Others
  • By Market Structure:
    • Organized
    • Unorganized

Companies Mentioned

  • Aggreko Energy Rental India Pvt. Ltd.
  • Gmmco Ltd.
  • Marco Gensets Pvt. Ltd.
  • Modern Hiring Service
  • National Hiring
  • Perennial Technologies Pvt. Ltd.
  • Perfect Hiring Services
  • Pioneer Power Service Pvt. Ltd.
  • Sudhir Power Ltd.
  • Tractors India Pvt. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/bf76k2/india_diesel?w=4