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Diesel Genset Market of India to Surpass $1,831.2 Million Revenue by 2030, Says P&S Intelligence

NEW YORK, Dec. 8, 2021 /PRNewswire/ — From an estimated $816.0 million in 2021, the Indian diesel genset market value is set to grow to $1,831.2 million by 2030, at a 9.4% CAGR between 2021 and 2030. The biggest reason for the rising demand for these electricity production systems is the booming construction industry, itself due to the increasing public and private investments. At construction sites, generators provide a continuous power supply to keep the machines running.

The demand for such systems is predicted to surge the fastest in Karnataka in the coming years because of the growth in its residential and commercial real estate sector. For instance, the Government of India is planning to invest $15.68 billion (INR 1.16 lakh crore) in infrastructure projects in the state, while the Karnataka government would construct 900,000 houses in the coming years.

Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/india-diesel-genset-market/report-sample

Key Findings of India Diesel Genset Market Report

Systems ranging between 5 kilovolt-Ampere (kVA) and 75 kVA in power rating are the most popular in the …

Full story available on Benzinga.com

Article: benzinga.com

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