DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/wpbshm/diesel_gensets) has announced the addition of the "Diesel Gensets Market in India 2014-2018" report to their offering.
The analysts forecast the Diesel Gensets Market to grow at a CAGR with a CAGR of 12.44 percent for the period 2013-2018. Several driving factors and trends will contribute to this growth, all of which will be outlined with detail in this report.
The analysts use a unique methodology to scrutinize individual vendor performance, trends, drivers and challenges, and a number of other factors to provide the most accurate and detailed market research reports possible.
A more specific breakdown of this report's contents is below.
Breakdown and Forecast for 2014-2018 of revenue for following segments:
- Under 60 kW
- 60 kW-300 kW
- 300 kW-1 MW
- 1 MW and Above
Market Shares and SWOT Analysis for these vendors:
- Caterpillar Inc.
- Cummins Inc.
- Kirloskar Group
- Mahindra and Mahindra Ltd.
Commenting on the report, an analyst from the team said: End-users are now focusing more on renting the equipment rather than buying it, as the chances of the equipment being idle is moderate when there is no business, and this also involves high maintenance cost. End-users prefer to rent the equipment for a fixed duration. This gives rise to a number of vendors providing rental services, which is expected to provide a positive impact on the overall Diesel Gensets market in India.
According to the report, one of the major drivers is the increasing demand for power from the Industrial sector. There is an increasing demand for 1 MW and above power diesel generators in India.
Further, the report states that one of the major challenges faced by the market is the import of low-priced diesel gensets. The availability of low-cost diesel gensets from China has affected the business of the diesel gensets manufacturers in India, thereby, affecting the overall market.
For more information visit http://www.researchandmarkets.com/research/wpbshm/diesel_gensets
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Source: Research and Markets