India Diesel Generator Market Revenues to Reach USD 1.42 Billion by 2028 - Market Size, Share, Forecasts, & Trends Analysis Report by Mordor Intelligence - Yahoo Finance

The India diesel generator market is estimated to be worth USD 1.10 billion in 2023, with a projected CAGR of 5.20% during the forecast period. Diesel generators combine an electric generator with a diesel engine to create electricity. While primarily designed to run on diesel fuel, some models can also run on natural gas or liquid fuel. The market is driven by the need for uninterrupted and reliable power supply, particularly in the healthcare and IT sectors. Major players in the market include Honda, Yamaha, Mitsubishi, and Cummins. The trend of renewable power generation is predicted to hinder market growth.

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