India Gas Generator Market Competition, Forecast and Opportunities, 2029

India Gas Generator market is anticipated to register a robust CAGR during the forecast period.

A natural gas generator is a type of generator that runs on natural gas rather than the typical petrol or diesel choice. Gas generators are a good choice for standby power because blackouts can occur, but they are very rare with natural gas because the pipes are underground. Except in earthquake-prone areas, homeowners and business owners can rest easy knowing they have an unlimited supply of generator fuel that does not rot or need to be stored in tanks, as with diesel. Some industrial grade generators can also be powered by the so-called field gas or raw gas flowing out of the wellhead during the drilling process. This gas is usually combusted, and at the same time wasting available fuel and polluting the environment. Installing generators to use this raw gas as fuel saves operators money spent on diesel to power oil pump jacks, storage facilities, and other buildings. Natural gas is one of the cleanest burning fossil fuels in the market, so it produces less emissions than other types of generators. It is also one of the most abundant resources in the world and relatively cheap to use.

Rise in demand for gas generators is fueling the market growth

Natural gas is one of the cleanest burning fossil fuels and releases less toxins into the atmosphere than other power generation fuels. Natural gas generators run quieter than diesel generators, making them ideal for applications in generator rooms or where noise regulations are in force.

Considering the larger power requirements, gas generators typically have a lower initial cost than comparable diesel generators. Moreover, gas fuel is typically cheaper than diesel fuel, keeping long-term running costs lower. Instead of repeatedly refilling fuel tanks, natural gas generators can be connected to local gas lines to provide nearly unlimited fuel, barring major disasters and utility outages. Diesel generators require additional time and money to polish the fuel to remove contaminants. Diesel has a limited shelf life, which requires additional planning and costs when it comes to storage, but with gas, the owner can simply rely on local supplies.

Environment & Safety Concerns

Natural gas releases carbon dioxide, a toxic gas that is harmful to health. At the same time, generators are always connected to pipelines and rely on a constant supply of natural gas. Storms and severe accidents can interrupt the supply of natural gas to generators, causing project downtime. Another drawback of natural gas generators is that they are slightly more dangerous than other types of generators. Natural gas is highly flammable so an explosion or fire may occur if a leak is discovered. These factors cause an hindrance to the growth of the market.

Market Segmentation

India Gas Generator Market is segmented on the basis of type and end-user. On the basis of type, the market is further segmented into Up to 75kVA, 76 kVA-350 kVA, 351kVA-750kVA, >750kV. Based on end user, the market is further split into industrial, domestic, commercial.

Market player

Major market players in the India Gas Generator market are Caterpillar India Private Limited, Yanmar Co. ltd, MTU India Private Ltd., Cummins India Limited, Mahindra Powerol Limited, Prakash Diesels Private Limited, Green Power International Pvt Ltd, GGE Genset Private Limited, Wartsila India Private Limited, and Green Power International Pvt Ltd.

Report Scope:

In this report, India Gas Generator Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

India Gas Generator Market, By Type:

• Up to 75kVA
• 76 kVA-350 kVA
• 351kVA-750kVA
• >750kVA

India Gas Generator Market, By End User:

• Industrial
• Domestic
• Commercial

India Gas Generator Market, By Region:

• North India
• South India
• West India
• East India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Gas Generator market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs.


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