TechNavio today launched its report, Portable Generator Market in India 2012-2016, based on an in-depth analysis exclusively focusing on India. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”The vendors in the Portable Generator market in India are developing next-generation generators to enhance their market presence. For instance, they are developing portable solar generators that use solar photovoltaic devices. Thus, the use of renewable energy helps in environmental sustainability as it avoids the emission of carbon and other greenhouse gases and pollutants into the environment. Vendors are developing such environmentally sustainable portable generators to enhance their market potential in the Portable Generator market in India.”
According to the report, the increasing concern on the energy deficit is one of the major drivers in the Portable Generator market in India. The increasing the gap between energy demand and supply has led to power shortages in the country. Complementing this is the increasing population and rapid urbanization. The energy deficit in the India figures is expected to grow every year. Therefore, the increasing power shortage in India leads to an increase in the demand for portable power generators among various end-users in India.
Further, the report reveals that the demand for portable generators from residential users and SMEs is slowing down due to the increasing cost of fuel.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/portable-generator-market-india-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Portable Generator Market in India 2012-2016
