The latest report by IMARC Group, titled “India Gas Genset Market Size, Share, Trends and Forecast by Type, End User, and Region, 2025-2033,” provides a detailed analysis of the market's growth drivers, segmentation, and competitive landscape.

The India gas genset market size reached USD 390.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 560.0 Million by 2033, exhibiting a growth rate (CAGR) of 4.2% during 2025-2033.

Base Year: 2024

Forecast Years: 2025-2033

Historical Years: 2019-2024

Market Size in 2024: USD 390.0 Million

Market Forecast in 2033: USD 560.0 Million

Market Growth Rate (2025-2033): 4.2%

India Gas Genset Market Overview

The India gas genset market is expanding rapidly thanks to an increase in demand for stable power supply in residential, industrial and commercial activities. The gas genset market will be bolstered by government programs to increase renewable energy sources, the construction of infrastructure for renewable energy sources, continuing issues with grid reliability, and build out of natural gas distribution infrastructure. The marketplace is likely to take advantage of technological advancements for gas gensets as well as acceleration of natural gas distribution infrastructure across the country.

India Gas Genset Market Trends and Drivers

The ongoing emphasis on clean and green energy has generated demand for gas gensets, as industrial sectors and corporate class seek to reduce carbon emissions and thus deliver commitments to stronger environmental regulations. Gas gensets have low emissions, some reports note 99% lower emissions, are quieter than a diesel genset, and easier to operate and maintain. The development of the natural gas pipeline throughout India supports gas gensets as dependable and viable options, and to a greater degree, even industries such as healthcare, hospitality and IT have made the decision to make gas gensets a full-time business viability in addition to non-peak operation. We are also seeing hybrid systems that combine renewable green energy with gas gensets that have even greater prospects for growth. In addition, India's continuing rapid advance of infrastructure through smart cities, industrial parks, and electrification of transport hubs have improved demand for backup power that will always remain on, as well as in areas with regular power outages, or for late night residing in neighbors that have unreliable power grids.

India Gas Genset Market Segmentation

By Type:

• Up to 75 kVA

• 76 kVA-350 kVA

• 351 kVA-750 kVA

• Above 750 kVA

By End User:

• Industrial

• Domestic

• Commercial

By Region:

• North India

• South India

• East India

• West India

India Gas Genset Market News

Recent developments include government incentives for cleaner fuel adoption, expansion of the natural gas distribution network, and the electrification of railway stations, airports, and seaports. The market is also witnessing the introduction of hybrid and technologically advanced gensets, as well as growing investments in auxiliary power solutions for infrastructure and construction projects.

Key Highlights of the Report

• Market Performance (2019-2024)

• Market Outlook (2025-2033)

• COVID-19 Impact on the Market

• Strategic Recommendations

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information not currently within the scope of the report, customization is available.

Contact Us

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No: (D) +91 120 433 0800

United States: +1-631-791-1145

About Us

IMARC Group is a leading market research and consulting company that delivers strategy, research, and business intelligence solutions worldwide. We help organizations identify market opportunities, benchmark industry performance, and drive transformative growth.