India Natural Gas Genset Market By kVA Rating (Up To 100 kVA, 100.1 kVA - 375 kVA, 375.1 kVA - 1,000 kVA And Above 1,000 kVA), By Verticals (Residential, Commercial, and Industrial), By Applications (Primary Power, Standby Power, and Peak Shaving), By Regions (Northern, Southern, Eastern, and Western), Opportunities and Forecast 2020-2026

Report Code : EP0420GG | Publication Date : Apr-2020 | Report Format :

Natural gas driven gensets emits a lesser volume of harmful gases such as carbon dioxide (Co2), nitrogen, and etc and also produces very little noise. Natural gas is environment-friendly fuel which is anticipatory to be a benefit compared to conventional diesel-powered generators. Primarily, Gas gensets use an internal combustion engine (ICE) to transform the mechanical energy into electrical energy.

According to Pheonix Research, India Natural Gas Genset Market size is forecast to hit $37 million by 2026 and growing at a Compound annual growth rate (CAGR) of 11.4% during 2020-26. Gas Genset flourish in the market can be a credit to burgeoning pipeline framework and spreading awareness towards gas as an eco-friendly source of fuel. Additionally, the low operating and maintenance cost of gas gensets in comparison to usual diesel-powered gensets in conjunction with developing mega construction projects spur demand for natural gas gen-sets in India. Moreover, government initiatives towards decreasing toxic emissions and encouraging the utilization of natural gas to fulfill regular power needs are further boosting the natural gas gen-sets market in India during the forecast period.

Based on Rating, 375.1 kVA-1000 kVA segment secured the highest revenue share although lower rating Gas Genset electively 100 kVA account for the maximum market volume share in 2018. While from industrial and commercial segments the 100.1 kV to 375 kVA fragment is anticipated to evidence the largest growth rate during the forecast duration.

Some of the notable players in the India Gas Genset Market include Kohler Power, Mahindra, Cummins, Caterpillar, Cooper, Ashok Leyland, and Kirloskar Oil Engines.

"India Natural Gas Genset Market (2020-2026)" provides a comprehensive study with 61 figures and 21 tables covered in 125 pages. The report forecasts and evaluates the complete India Natural Gas Genset market by rating, applications, verticals, and regions.

Market Segmentation
By kVA Rating
   • Up To 100 kVA
   • 100.1 kVA - 375 kVA
   • 375.1 kVA - 1,000 kVA
   • Above 1,000 kVA

By Verticals
   • Residential
   • Commercial
   • Industrial

By Applications
   • Primary Power
   • Standby Power
   • Peak Shaving

By Regions
   • Northern
   • Southern
   • Eastern
   • Western

Target Audience:
Engineering, Procurement, and Construction (EPC) Contractors.
Gas Genset manufacturing organizations, distributors, and stakeholders.
Market research and consulting companies.
Organizations, associations, alliances, and forums associated with the power business.
Government authorities such as regulating norms and decision-makers.

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