Argentina Diesel Engine Market Outlook (2021-2025) | COVID-19 IMPACT, Companies, Growth, Size, Value, Share, Forecast, Trends, Revenue, Industry & Analysis

Argentina Diesel Engine Market is likely to grow over the coming years. Argentina Diesel Engine market report is a part of our periodical regional publication South America Diesel Engine Market outlook report. 6W tracks the diesel engine market for over 60 countries with individual country-wise market opportunity assessment and publishes the market with the report titled Global Diesel Engine Market outlook report annually.

Argentina Diesel Engine Market report comprehensively covers the market by applications and by regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Argentina Diesel Engine Market Synopsis

The G-Drive and P-Drive diesel engine market of Argentina declined moderately in 2015-2020 due to a declining trend in 2016, 2018, and 2020. In 2016, the country’s economy was in recession for the 1st three quarters and in 2017 the economy grew due to an increase in industrial manufacturing exports, which spurred the G-Drive and P-Drive market revenue size in 2017. However, in 2018, the market again declined due to macroeconomic imbalances and subsequent financial turbulences in the country owing to the striking decline in the Argentine Peso in 2018.

According to 6Wresearch, Argentina Diesel Engine Market is expected to grow at a CAGR of 3.8% during 2021-2025. This growth is due to several upcoming and ongoing mega projects and infrastructural development projects including the Buenos Aires - Mitre Passenger Railway Line Modernization Project, Belgrano Freight Railway Rehabilitation Project, and Caracoles Tunnel Widening coupled with rising investment activities in the construction, manufacturing, and industrial sector in the country, growth of the diesel engine market in Argentina is projected to propel in the upcoming years. Furthermore, in 2020 owing to the Covid-19 pandemic situation, the demand for diesel engines in the country underwent a phase of decline owing to the government-imposed restrictions on various economic activities to curtail the virus spread resulting in the closing of several construction sites and buildings along with restrictions in the movement of people, thus, impacting the overall diesel engine market revenue size.

Market Analysis By Applications

G-Drive diesel engine market has garnered maximum volume size is 2020 and the same trend is expected to persist in the years to come on account of upcoming residential and commercial projects, along with the rising industrial sector which would augment the demand for diesel Gensets in the country.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2015 to 2025.
• Base Year: 2020
• Forecast Data until 2025.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Argentina Diesel Engine Market Overview
• Argentina Diesel Engine Market Outlook
• Argentina Diesel Engine Market Forecast
• Historical Data and Forecast of Argentina Diesel Engine Market Volume for the Period 2015-2025F
• Historical Data and Forecast of Argentina Diesel Engine Market Volume, By Countries for the Period 2015-2025F
• Historical Data and Forecast of P-drive and G-drive Diesel Engine Market Volume for Argentina, Argentina, Chile, Colombia, Peru, Mexico, and Ecuador for the Period 2015-2025F
• Historical Data and Forecast of Marine, Trucks, Buses, Construction Machinery, and Agriculture Machinery Diesel Engine Market Volume for Argentina for the Period 2015-2025F
• Market Drivers & Restraints
• Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Market Player’s Revenue Shares
• Market Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations
• COVID-19 Impact Analysis

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Applications

• G-Drive
• P-Drive