Market Forecast By Applications (G-Drive and P- Drive) And Competitive Landscape
|Product Code: ETC150287||Publication Date: Jan 2022||Product Type: Market Research Report|
|Publisher: 6Wresearch||No. of Pages: 65||No. of Figures: 3||No. of Tables: 1|
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.
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.
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.
The report provides a detailed analysis of the following market segments:
|1. Executive Summary|
|2.1 Report Description|
|2.2 Key Highlights of The Report|
|2.3 Market Scope & Segmentation|
|2.4 Research Methodology|
|3. Argentina Diesel Engine Market Overview|
|3.1 Argentina Diesel Engine Market Volume, 2015-2025F|
|3.2 Argentina Diesel Engine Market - Industry Life Cycle|
|3.3 Argentina Diesel Engine Market - Porter’s Five Forces|
|3.4 Argentina Diesel Engine Market Volume Share, 2020 & 2025F|
|4. Impact Analysis of Covid-19 on Argentina Diesel Engine Market|
|5. Argentina Diesel Engine Market Dynamics|
|5.1 Impact Analysis|
|5.2 Market Drivers|
|5.2 Market Restraints|
|6. Argentina Diesel Engine Market Trends|
|7. Argentina Diesel Engine Market – Competitive Landscape|
|8. Company Profiles|