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𝐈𝐧𝐝𝐢𝐚 𝐏𝐫𝐢𝐦𝐞 𝐏𝐨𝐰𝐞𝐫 𝐃𝐢𝐞𝐬𝐞𝐥 𝐆𝐞𝐧𝐬𝐞𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬, 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬 Market Overview The Indian prime power diesel generator market is expected to grow from an estimated USD 221.2 million in 2024 to USD 356.3 million by 2030, reflecting a CAGR of 8.3%. This growth is largely driven by increasing demand for medium- and high-power diesel gensets in the commercial sector, along with significant expansion in the construction and manufacturing industries. These sectors are benefiting from macroeconomic developments, higher capital expenditures by both public and private entities, and government incentives aimed at boosting foreign and domestic investments. The telecommunication industry is also a significant factor for the prime power diesel generator market, addressing the challenge of unreliable grid electricity. As telecom tower operators in India rely heavily on diesel generators to ensure continuous operations, the sector is under pressure to maintain functionality amid inconsistent power supply. According to the Telecom Regulatory Authority of India (TRAI), the number of telephone subscribers increased from 1,179.49 million in January 2021 to 1,197 million by February 2024. Despite the pandemic, diesel remained the most consumed fuel, with consumption projected to rise from 72.72 million metric tons in FY 2020-2021 to 92 million metric tons in 2024-2025. To mitigate diesel consumption, India is increasing the production of twin-power generators, like the QAC 1350 by Atlas Copco, which use two smaller engines to reduce fuel use and emissions. Additionally, rising infrastructure investments, supported by a government allocation of INR 10 lakh crore for development in the 2023 budget, are expected to drive the adoption of prime power diesel gensets across commercial, industrial, and residential sectors. Get more insights: https://www.psmarketresearch.com/market-analysis/india-prime-power-dg-set-market Key Insights • The commercial category is expected to hold the largest market share at 55% in 2024, with a projected CAGR of 8.6% during the forecast period. • This growth is driven by the demand for continuous power supply in commercial buildings like hotels, railway stations, and shops. • Power outages in the commercial sector can lead to significant financial losses, making prime power diesel generators essential as backup sources. • The 5–75 kVA category dominates the market with a 35% share in 2024 and is expected to grow the fastest at a CAGR of 8.7%. • The increasing adoption of 5–75 kVA diesel gensets in the commercial sector is fueling this growth. • These gensets are particularly important in the telecom sector, where rising installations of telecom towers are driving sales. • Many companies produce these diesel gensets for both domestic and export markets, offering diverse product portfolios. • Uttar Pradesh holds a 30% market share and is expected to grow at a CAGR of 8.7% due to telecom investments and commercial infrastructure development. • Rising prime power requirements in residential facilities in Uttar Pradesh are also contributing to market growth. • Recovery in the Indian residential and commercial real estate sectors is creating lucrative opportunities for market players. • Telecom operators like Bharti Airtel and Reliance Jio are planning to enhance their infrastructure and install more towers in the state. • The market is consolidated, with major shares held by a few large players who benefit from economies of scale. • Manufacturing such systems requires significant investment in factory setups, equipment, and R&D. • Compliance with stringent regulatory standards for carbon and noise emissions favors established players with technical expertise. • In September 2023, Kirloskar Oil Engines launched gensets meeting CPCB IV+ emission standards, and in July 2023, they introduced retrofit emission control devices for 125–1,000 kVA generators.

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