Argentina Diesel Genset Market (2024-2030) | Growth, Outlook, Trends, Industry, Share, Size, Analysis, Value, Segmentation, Revenue

Argentina Diesel Genset Market | Country-Wise Share and Competition Analysis

In the year 2021, the USA  was the largest exporter in terms of value, followed by Brazil. It has registered a growth of 235.85% over the previous year. While Brazil registered a growth of 65.62% as compared to the previous year. In the year 2017, Italy was the largest exporter followed by the USA. In terms of Herfindahl Index, which measures the competitiveness of countries exporting, Argentina has a Herfindahl index of 2242 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  2834 which signifies a high concentration in the market.

Argentina Diesel Genset Market - Export Market Opportunities

Latest Development (2023) of the Argentina Diesel Genset (Generator) Market

Argentina Diesel Genset (Generator) Market is growing rapidly in 2023. The factors driving this growth are the demand for an uninterrupted power supply and the rise in the frequency of power outages. The various industries such as data centers, telecommunication, hospitality, and healthcare have contributed immensely towards the growth of the market. The manufacturers are producing eco-friendly diesel generator sets to meet the emission standard set by the government. These eco-friendly machines will benefit the environment and also reduce operational costs for businesses and individuals. The diesel genset industry may face a challenge from growing renewable energy sources.  Diesel generators play a significant role in providing backup power during low wind and solar activity. The latest development has positively impacted the Argentina Diesel Genset (Generator) Industry. Due to the advancement the technology and the huge demand for electricity from various sectors, the market is continuously evolving.

Topics Covered Argentina Diesel Genset Market Report

Argentina Diesel Genset (Generator) Market report thoroughly covers the market by KVA and Application. The market outlook 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 Genset (Generator) Market is projected to grow over the coming year. Argentina Diesel Genset (Generator) Market report is a part of our periodical regional publication Latin America Diesel Genset (Generator) Market outlook report. 6W tracks the diesel genset market for over 60 countries with individual country-wise market opportunity assessment and publishes the report titled Global Diesel Genset (Generator) Market outlook report annually.

Argentina Diesel Genset (Generator) Market Synopsis

Argentina Diesel Genset (Generator) Market is likely to grow in the forecast period. The rising demand for power backup solutions from the residential and commercial sectors is one of the primary drivers for the growth of the market. The constant power outages and blackouts have made diesel gensets a viable alternative for an uninterrupted power supply.

According to 6Wresearch, Argentina Diesel Genset Market declined by -1% in 2017- 2020 and is expected to grow at a cagr of 2.4% during 2021- 2027. There are a few key factors that drive the diesel genset market. Due to the aging electricity grid, the country is facing frequent power outages and it has led to an increase in demand for power backup solutions. The increasing demand for electricity has also led to the growth of the market. The growth and expansion of the industrial sector has also led to a large demand for reliable source of energy. The factories require a constant power supply to function smoothly and it has led to the emergence of diesel gensets as a cost-effective solution. The increasing popularity of off-grid living is another driver of the growth of the market. There are certain challenges present in the market. Government policies and regulations are the major challenges for the market. The competition from the alternative power source and the limited size of the market has also hampered the growth of the market.

COVID-19 Impact on Argentina Diesel Genset (Generator) Market

Diesel Genset (Generator) Market in Argentina was heavily affected by the sudden outbreak of the pandemic.  There was a significant decrease in the sales of the diesel generator due to shut down of the business. There was a disturbance in the supply chains and the producers faced various challenges in procuring the raw materials. There was a delay in the shipping of the final products and it added immense pressure on the already struggling market. The travel restrictions made the situation more challenging as the technicians found it tough to perform routine tasks and essential services. There was a breakdown in the business as these machines need servicing and maintenance.

Argentina Diesel Genset (Generators) Market: Key Players

These are the key players in the market who deal with the production and distribution of the generators leading to an increase in Argentina Diesel Genset Market Share.

• Cummins Inc.
• Caterpillar Inc.
• Kohler Co.
• Generac Power Systems
• Atlas Copco AB
• Mitsubishi Heavy Industries, Ltd.
• WEG S.A.
• Himoinsa S.L.
• Yanmar Holdings Co., Ltd.
• Doosan Corporation

Market by KVA

On the basis of KVA, the market is divided into 5 - 75 KVA, 75.1 - 375 KVA, 375.1 - 750 KVA, 750.1 - 1000 KVA, Above 1000 KVA.Above 1000  KVA will dominate the market due to its use in large-scale industries leading to an increase in Argentina Diesel Genset Market Growth.

Market by Application

According to Dhaval, Research Manager, 6Wresearch, on the basis of Application, the market is segmented into Residential, Commercial, Industrial, and Transportation & Public Infrastructure.  The commercial segment will dominate the market due to the presence of commercial establishments across various industries.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2017 to 2020.
• Base Year: 2020.
• Forecast Data until 2027.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Argentina Diesel Genset Market Outlook
• Market Size of Argentina Diesel Genset Market, 2020
• Forecast of Argentina Diesel Genset Market, 2027
• Historical Data and Forecast of Argentina Diesel Genset Revenues & Volume for the Period 2017 - 2027
• Argentina Diesel Genset Market Trend Evolution
• Argentina Diesel Genset Market Drivers and Challenges
• Argentina Diesel Genset Price Trends
• Argentina Diesel Genset Porter's Five Forces
• Argentina Diesel Genset Industry Life Cycle
• Historical Data and Forecast of Argentina Diesel Genset Market Revenues & Volume By KVA for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Diesel Genset Market Revenues & Volume By 5 - 75 KVA for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Diesel Genset Market Revenues & Volume By 75.1 - 375 KVA for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Diesel Genset Market Revenues & Volume By 375.1 - 750 KVA for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Diesel Genset Market Revenues & Volume By 750.1 - 1000 KVA for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Diesel Genset Market Revenues & Volume By Above 1000 KVA for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Diesel Genset Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Diesel Genset Market Revenues & Volume By Residential for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Diesel Genset Market Revenues & Volume By Commercial for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Diesel Genset Market Revenues & Volume By Industrial for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Diesel Genset Market Revenues & Volume By Transportation & Public Infrastructure for the Period 2017 - 2027
• Argentina Diesel Genset Import Export Trade Statistics
• Market Opportunity Assessment By KVA
• Market Opportunity Assessment By Application
• Argentina Diesel Genset Top Companies Market Share
• Argentina Diesel Genset Competitive Benchmarking By Technical and Operational Parameters
• Argentina Diesel Genset Company Profiles
• Argentina Diesel Genset Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By KVA

• 5 - 75 KVA
• 75.1 - 375 KVA
• 375.1 - 750 KVA
• 750.1 - 1000 KVA
• Above 1000 KVA

By Application

• Residential
• Commercial
• Industrial
• Transportation & Public Infrastructure.