india gas gensets market forecast and opportunities, 2020

India Gas Gensets Market Forecast & Opportunities , 2020

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

R e s e a r c h M e t h o d o l o g y

2

© TechSci Research

Baseline Methodology

Our dedicated team of industry experts has comprehensively monitored and analyzed various aspects of India gas

gensets market. The team has analyzed various industry segments and speculated a positive future for the industry

using top down approach. Taking into consideration the technological developments, capital investments,

government support, policies and regulations etc., our team of analysts has provided a prudent analysis of the

industry’s performance in the future. This would enable our clients in planning their investment decisions and

explore growth opportunities in India gas gensets market.

For our study, we have gathered information through primary research surveys with Government of India, gas

gensets manufacturing companies, gas gensets distribution companies and gas gensets rental companies in the

country, followed by an exhaustive search of credible paid databases. India gas gensets market size in terms of

volume was calculated through primary interviews, while the value market size was computed using ASP figures

multiplied with volume in each segment. Our team of experts has then prudently evaluated all the collected

information and organized it in chronological order to depict a meaningful and clear picture of the India Gas Gensets

market.

In addition, while compiling the data, we have also validated all the collected information from multiple sources and

data warehouses in order to present the most accurate and precise information of the concerned industry. We have

also identified and analyzed all the drivers and challenges that the industry is confronting. We have also presented

various forecasts for the industry based on our in-depth analysis of market dynamics, prevalent trends, major

developments and growth opportunities.

Companies Interviewed

Powerica Ltd., Cummins India Ltd., Gmmco Ltd., Caterpillar India Private Limited, Kohler,Ashok Leyland, Clarke Energy, Jakson Ltd., Cooper Corporation, Green PowerInternational, Greaves Cotton Ltd.

SourcesWorld Bank, U.S. Energy Information Administration, International Energy Agency,Department of Power/Energy of India, BP, Factiva, Press Releases, Government Reports,Annual Reports

T a b l e o f C o n t e n t s

3

© TechSci Research

S No. Content

1. Research Methodology

2. Analyst View

3. Product Overview

4. Global Gas Gensets Market Overview

5. India Gas Gensets Market Outlook

5.1. Industry Structure

5.2. Market Size & Forecast

5.2.1. By Value

5.2.2. By Volume

5.3. Market Share & Forecast

5.3.1. By Company

5.3.2. By Rating

5.3.3. By Region

5.3.3.1. India City Gas Distribution Projects, By Cities

6. India Low Rating (1 kVA-75 kVA) Gas Gensets Market Outlook


6.1.1. By Value

6.1.2. By Volume

7. India Medium Rating (76 kVA-350 kVA) Gas Gensets Market Outlook


7.1.1. By Value

7.1.2. By Volume

4

© TechSci Research

S No. Content

8. India High Rating (351 kVA- 750 kVA) Gas Gensets Market Outlook


8.1.1. By Value

8.1.2. By Volume

9. India Very High Rating (more than 750 kVA) Gas Gensets Market Outlook


9.1.1. By Value

9.1.2. By Volume

10. Price Analysis

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Shift from Diesel Genset to Gas Genset

12.2. Shift in Penetration Towards Residential Sector

12.3. Digital Control Technology

12.4. Hybrid Energy System

13. Policy & Regulatory Landscape

14. Value Chain Analysis

15. India Economic Profile

16. Competitive Landscape

16.1. Cummins India Limited


5

© TechSci Research

S No. Content

16.2. Ashok Leyland Limited

16.3. Greaves Cotton Limited

16.4. Green Power International Pvt. Ltd.

16.5. Cooper Corporation Private Limited

16.6. Perfect Gas Generators

16.7. GGE Genset Pvt. Ltd.

16.8. Powerline Group of Industries

16.9. Mahindra & Mahindra Limited

17. Strategic Recommendations

18. About Us & Disclaimer


© TechSci Research

6

I n d u s t r y B r i e f

India Gas Gensets Market to Grow at over 15% through 2020

Expanding city gas distribution network and growing industrial sector to boost demand for gas gensets in Indiathrough 2020

According to TechSci Research report, "India Gas Gensets Market Forecast & Opportunities, 2020”, gasgensets market in India is projected to witness a CAGR of more than 15% during 2015 - 2020. Growth in themarket is anticipated on account of widening electricity demand-supply gap, low operational cost, risingindustrialization, and increasing greenhouse gas emissions. Moreover, with expanding City Gas Distributionnetwork, natural gas, which is the basic fuel used in gas gensets, is reaching to more and more consumers inthe country. This is expected to boost the adoption of gas gensets in India during the forecast period.

In India, gas gensets market is still at the nascent stage, and the market is being propelled by the low costand eco-friendliness of natural gas. By 2025, according to Ministry of Petroleum & Natural Gas (Government ofIndia),natural gas will contribute 20% in the country’s energy mix. Moreover, Central Pollution Control Board(under the Ministry of Environment & Forests, Government of India)has laid out various norms for regulatingthe level of harmful emissions from diesel gensets, which is also expected to positively influence the gas-gensets market in India.

On the basis of rating, the country’s gas gensets market has been segmented into four broad categories,namely, low (1kVA-75kVA), medium (76kVA-350kVA), high (351kVA-750kVA) and very high (more than750kVA) gas gensets. Among these gas gensets categories, medium (76kVA-350kVA) gas gensetssegment isanticipated to dominate the country’s gas gensets market over the next five years on account of their wideacceptance across industrial and residential sector. Region-wise, West India dominated the gas gensets marketin 2014, and the region is forecast to maintain its dominance during 2015 – 2020.

“In order to address the increasing electricity demand, investments worth US$ 237 billion are required during2016-20 for increasing power generation, transmission and distribution infrastructure in the country. Absenceof adequate infrastructure is expected to push the demand for gas gensets during forecast period, especiallyfrom various power hungry sectors, such as oil & gas, textile, healthcare, pharmaceutical industries, etc., saidMr. Karan Chechi, Research Director with TechSci Research, a global research based management consultingfirm.

S a m p l e D a t a - S n a p s h o t

7

© TechSci Research

12 3

45

78 9

10 1112

2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F

Value (USD Billion)

Global Gas Gensets Market Size, By Value, 2010-2020F (USD Billion)

India Gas Gensets Market Share,

By Company, By Value, 2014


By Company, By Value, 2020F

Cummins India

Limited, 15.00%

Caterpillar Power

India Ltd., 15.00%

Ashok Leyland, 15.00%

Mahindra &

Mahindra Limited , 15.00%

GGE Genset

Pvt. Ltd., 15.00%

Others*, 25.00%

Cummins India

Limited, 15.00%

Caterpillar Power

India Ltd., 15.00%

Ashok Leyland, 15.00%

Mahindra &

Mahindra Limited , 15.00%

GGE Genset

Pvt. Ltd., 15.00%

Others*, 25.00%

India Gas Genset Market Share, By Region, By Volume, 2014 & 2020F

East

2015E 2020F

X% X%

North2015E 2020F

X% X%

South

2015E 2020F

X% X%

North-East

2015E 2020F

X% X%

West2015E 2020FX%

X%

India Very High Rating Gas Gensets Market Size, By

Value (USD Million), By Volume (Unit), 2014-2020F

1 2 3 4 5 6 7

40 41 42 43 44 45 46

2014 2015E 2016F 2017F 2018F 2019F 2020F

Value (USD Million) Volume (Unit)

76 to 350 kVA,

25.00%

More than 750 kVA, 25.00%

351 to 750 kVA,

25.00%

1 to 75 kVA, …76 to 350

kVA, 25.00%

More than 750

kVA, 25.00%

351 to 750 kVA, …

1 to 75 kVA, …


By Rating, By Value, 2014


By Rating, By Value, 2020F

ComponentsPercentage of total

cost

Cost of gas gensets including sales tax

X

Foundation and Enclosure Costs X

Installation CostsX

Miscellaneous Costs X

Total X

Cost Breakup of Gas Gensets for Ratings above 75 kVA, 2015

© TechSci Research

8

R e p o r t O r d e r i n g

License Type Price

Electronic Access - Single User License $2500

CD-ROM Mail Delivery $3000

Hard Copy Mail Delivery $3500

Electronic Access - Multi-User License $5000

To View Sample OR Purchase Report

Report Price

Report Name: India Gas Gensets Market Forecast & Opportunities, 2020

http://www.techsciresearch.com/3815

http://www.techsciresearch.com/3815

A b o u t U s & D i s c l a i m e r

© TechSci Research

TechSci Research – North America

2950, Boundary Road, Burnaby,

British Columbia, Canada

Tel: +1- 646- 360-1656

Email: [email protected]

www.techsciresearch.com

About Us :

TechSci Research is a global market research and consulting company with offices in Canada, the UK and India. TechSci Research

provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on

improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both

industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional

and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely

rich evaluation of the opportunities available in the market.

Related Reports

India Diesel Gensets Market Forecast & Opportunities, 2020

Saudi Arabia Gensets Market Forecast & Opportunities, 2020

Global Packaged Substation Market Forecast and Opportunities, 2020

Partial List of Clients

Disclaimer :

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is madethat it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from varioussources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness ofany information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially statesthat it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts,can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internalconsumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

TechSci Research – Europe

54, Oldbrook, Bretton,

Peterborough,

United Kingdom



TechSci Research – Asia-Pacific

A – 51, Sector -57, Noida, National

Capital Region, U.P. - India

Tel: +91-120-4523900



9

india gas gensets market forecast and opportunities, 2020

Business