India DG Set Market is Growing the Fastest in Commercial Application Category

The India diesel genset market is advancing at a CAGR of 8.8% between 2022-2030 and will reach USD 1,839.5 million by 2030, mainly driven because of the demand for sable electricity and advancements in the technology.

India Diesel Genset Market Share Analysis Report@ https://www.psmarketresearch.c....om/market-analysis/i

The DG sets used in the commercial applications will grow the fastest in the years to come with a CAGR of 10%, these gensets provides uninterrupted power supply in several commercial applications including shopping malls, data centers, and healthcare sector to avoid irregular power supply.

Additionally, there is a growing demand for diesel gensets from residential application category for the backup and primary power supply in buildings.

The dominance of telecom towers in terms of volume under commercial applications is boosting the demand for these generators. It is mainly for the enhancement of rural & urban connectivity due to recent investment in the sector. As of August 2022, India’s telecom industry is the world’s second largest telecom industry.