Power Market in India 2024-2028

Description

List of Tables

The power market in India is forecasted to grow by USD 465.95 bn during 2023-2028, accelerating at a CAGR of 9.19% during the forecast period. The report on the power market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by mitigating carbon footprints and striving for net zero emission, increasing focus on electrification of transportation, and rise in indian economic growth and industrialization.

Technavio's power market in India is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.89%
CAGR	9.19%
Incremental Value	$465.95bn

By Technology

Thermal
Renewables
Hydroelectric
Nuclear

By End-user

Industrial
Commercial
Residential

By Source

Non-renewable
Renewable

By Geography

APAC

This study identifies the rise in investments in scaling up renewable energy infrastructure as one of the prime reasons driving the power market in India growth during the next few years. Also, growth of distributed generation and microgrids for enhanced reliability and SMART grid technologies for efficient and resilient power infrastructure will lead to sizable demand in the market.

The report on the power market in India covers the following areas:

Power market in India sizing
Power market in India forecast
Power market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading power market in India vendors that include Adani Group, Borosil Renewables Ltd., Gujarat Fluorochemicals Ltd., India Power Corp Ltd., Jindal Steel and Power Ltd., JSW Group, KP Group, NHPC Ltd., North Eastern Electric Power Corporation Ltd, NTPC Ltd., Power Grid Corporation of India Ltd., Reliance Industries Ltd., RP Sanjiv Goenka Group, SJVN Ltd, Sterling and Wilson Pvt. Ltd, Suzlon Energy Ltd., Tata Power Co. Ltd., and Websol Energy System Ltd.. Also, the power market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77773

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Power market in India 2018 - 2022
4.2 Technology Segment Analysis 2018 - 2022
4.3 End-user Segment Analysis 2018 - 2022
4.4 Source Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Technology

6.1 Market segments
6.2 Comparison by Technology
6.3 Thermal - Market size and forecast 2023-2028
6.4 Renewables - Market size and forecast 2023-2028
6.5 Hydroelectric - Market size and forecast 2023-2028
6.6 Nuclear - Market size and forecast 2023-2028
6.7 Market opportunity by Technology

7 Market Segmentation by End-user

7.1 Market segments
7.2 Comparison by End-user
7.3 Industrial - Market size and forecast 2023-2028
7.4 Commercial - Market size and forecast 2023-2028
7.5 Residential - Market size and forecast 2023-2028
7.6 Market opportunity by End-user

8 Market Segmentation by Source

8.1 Market segments
8.2 Comparison by Source
8.3 Non-renewable - Market size and forecast 2023-2028
8.4 Renewable - Market size and forecast 2023-2028
8.5 Market opportunity by Source

9 Customer Landscape

9.1 Customer landscape overview

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Adani Group
12.4 Gujarat Fluorochemicals Ltd.
12.5 India Power Corp Ltd.
12.6 Jindal Steel and Power Ltd.
12.7 JSW Group
12.8 KP Group
12.9 NHPC Ltd.
12.10 North Eastern Electric Power Corporation Ltd
12.11 NTPC Ltd.
12.12 Power Grid Corporation of India Ltd.
12.13 Reliance Industries Ltd.
12.14 RP Sanjiv Goenka Group
12.15 SJVN Ltd
12.16 Suzlon Energy Ltd.
12.17 Tata Power Co. Ltd.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations