Sprinting on a Growth Track
The World Bank recently has put out a report in which the demand for electricity in India is growing at the same rate as in France or Germany as millions of people in rural or impoverished areas seek access to power in their homes and workplaces.
Expanding industry to surge DG set demand – 6Wresearch
In its new report, titled ‘India 5-30 Hp Diesel Engine Market (2018–2023)’, 6Wresearch estimates that this market is expected to witness substantial growth primarily due to high utilisation in agricultural and commercial sector. Vehicles, diesel pump and mini farm equipment such as tractor and power tiller remains the key revenue generating segments in 5-30 Hp diesel engine market.
Manufacturing, infrastructure development to fuel Indian DG market| 6Wresearch
In its recently published report, ‘India Diesel Genset Market (2018-2023)’, 6Wresearch has analysed India’s diesel genset (DG) market, which is expected to witness sound growth owing to expansion of infrastructure, establishment of new industries and changing business environment in the country.
Power demand to boost the ESS market in Europe| 6Wresearch
Gaining popularity of solar plus storage systems in the residential sector along with integration of renewable energy sources in grid are the key factors that would drive the energy storage systems (ESS) market in Europe. However, lack of common regulatory policies across Europe is a major hurdle for the market as it is creating uncertainties among companies and investors.
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