India Diesel Genset Market to Grow at a CAGR of 7.63% During the Forecast Period 2018-2028 | Industry Statistics
The rise in the manufacturing industry and demand for power for construction activities are expected to drive the growth of the India Diesel Genset Market. According to TechSci Research report, “ India Diesel Genset Market – By Region, Competition, Forecast & Opportunities, 2028 ” t he diesel generator, widely known as the Diesel Genset, is a type of diesel generator (DG). It generates electrical energy by combining a diesel engine with an electric generator. The DG sets can run consistently for several hours. Different types of DG sets exist, such as Prime Power, Backup Power, and Peak Shaving. Currently, the Government’s focus on development in many areas such as the telecom industry, stores, complexes, theatres, malls, and other applications, commercial is anticipated to dominate the End-user industry sector with a market share of 41.37 percent for the base year 2022. Investments in infrastructure, including roads, railways, aircraft, shipping, malls, shopping c...