Argentina Diesel Genset Market (2024-2030) | Growth, Outlook, Trends, Industry, Share, Size, Analysis, Value, Segmentation, Revenue
Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western And Southern) And Competitive Landscape
| Product Code: ETC090004 | Publication Date: Dec 2023 | Updated Date: Dec 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Topics Covered in the Argentina Diesel Genset Market
Argentina Diesel Genset Market report thoroughly covers the market by KVA rating 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 Market Synopsis
Argentina Diesel Genset Market is projected to grow due to unpredictable nature of power supply in the country, diesel gensets have become an essential backup power source for both commercial and residential purposes. The diesel genset market in Argentina is growing rapidly, with an increasing number of players entering the market to meet the rising demand. The use of diesel gensets as an important source of power supply has been widespread in Argentina. The government has been investing in the energy sector, but power outages remain a significant challenge. Thus, diesel gensets have been a dependable alternative source of power in the country.
According to 6Wresearch, the Argentina Diesel Genset Market size is projected to grow at the CAGR of 7.8% during the forecast period of 2024-2030. The ever-increasing demand for electricity supply is one of the primary drivers of the Argentina diesel genset market. With the increasing population, rapid industrialization, and economic growth, the demand for power generation has also increased, and both grid and off-grid diesel gensets have become crucial power backup options. Moreover, the unreliability of the national grid due to frequent power outages further fuels the demand for diesel gensets. The diesel genset market in Argentina is driven by various factors, including the need for backup power due to unreliable grid power supply, the increasing demand for electricity in remote areas, and the rising demand from the mining and energy sectors. The rising investment in infrastructure development, such as airports, hospitals, and hotels, is also fuelling the demand for diesel gensets. With a growing population and economy, coupled with the need for reliable power supply, the diesel genset market in Argentina is expected to experience significant growth in the coming years. The Diesel genset market in Argentina is not without its challenges. One of the significant challenges is the increased competition from cheaper alternative power sources such as gas generators and renewable energy sources. Inadequate infrastructural facilities, such as storage, transportation, and distribution of diesel fuel, are also a hindrance to the growth of the diesel genset market. Government regulations and policies have also posed a significant challenge to the growth of the market, with regulations generally being non-existent or ambiguous.
Government policies and schemes introduced in the Argentina Diesel Genset Market
The government plays a crucial role in the growth of the Argentina Diesel Genset Industry, and Argentina's government has been proactive in its approach. The government has initiated numerous power infrastructure projects to improve the national grid's stability, thereby reducing the dependence on diesel gensets. Furthermore, the government has introduced attractive policies and incentives to promote the use of renewable energy sources, including wind, solar, and hydro that serve as viable alternatives to diesel gensets.
Leading players in the Argentina Diesel Genset Market
The leading players in the Argentina diesel genset market constitute both international and local companies. Some of the significant international players in the market include Cummins Inc., Caterpillar Inc., and Generac Power Systems Inc. while local companies are represented by Ausonia S.A., Suministros Eléctricos S.R.L., and Sullair Argentina SRL. These companies are remarkably increasing Argentina Diesel Genset Market Share.
Market analysis by KVA Ratings
According to Ravi Bhandari, Research Head, 6Wresearch, the 5 kVA to 75 kVA segment is expected to hold the largest share of the market due to growing urbanization and the need for backup power in residential areas and small commercial spaces.
Market analysis By Applications
The diesel genset market is also segmented by applications, which includes residential, commercial, industrial, and transportation and public infrastructure. The residential segment is expected to see the highest growth, and this can be attributed to the high demand for backup power in residential areas due to frequent blackouts and brownouts and this factor has led to Argentina Diesel Genset Market Growth.
Key attractiveness of the report
- 10 Years Market Numbers.
- Historical Data Starting from 2020 to 2023.
- Base Year: 2023.
- Forecast Data until 2030.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- Diesel Genset Market Drivers and Challenges
- Argentina Diesel Genset Market Price Trends
- Argentina Diesel Genset Market Porter's Five Forces
- Argentina Diesel Genset Market Industry Life Cycle
- Historical Data and Forecast of Argentina Diesel Genset Market Revenues and volume by KVA ratings for the Period 2020-2030
- Historical Data and Forecast of Argentina Diesel Genset Market Revenues and Volume by 5 - 75 KVA for the Period 2020-2030
- Historical Data and Forecast of Argentina Diesel Genset Market Revenues and volume by 75.1 - 375 KVA for the Period 2020-2030
- Historical Data and Forecast of Argentina Diesel Genset Market Revenues and volume by 375.1 - 750 KVA for the Period 2020-2030
- Historical Data and Forecast of Argentina Diesel Genset Market Revenues and volume by 750.1 - 1000 KVA for the Period 2020-2030
- Historical Data and Forecast of Argentina Diesel Genset Market Revenues and volume by Above 1000 KVA for the Period 2020-2030
- Historical Data and Forecast of Argentina Diesel Genset Market Revenues and volume by Application for the Period 2020-2030
- Historical Data and Forecast of Argentina Diesel Genset Market Revenues and volume by Residential for the Period 2020-2030
- Historical Data and Forecast of Argentina Diesel Genset Market Revenues and volume by Commercial for the Period 2020-2030
- Historical Data and Forecast of Argentina Diesel Genset Market Revenues and volume by Industrial for the Period 2020-2030
- Historical Data and Forecast of Argentina Diesel Genset Market Revenues and volume by Transportation and public Infrastructure for the Period 2020-2030
- Argentina Diesel Genset Market Import Export Trade Statistics
- Market Opportunity Assessment by KVA ratings
- Market Opportunity Assessment by Application
- Argentina Diesel Genset Market Top Companies Market Share
- Argentina Diesel Genset Market Competitive Benchmarking by Technical and Operational Parameters
- Argentina Diesel Genset Market Company Profiles
- Argentina Diesel Genset Market Key Strategic Recommendation
Market Covered
The report offers a comprehensive study of the subsequent market segments:
By kVA Rating
- 5 kVA - 75 kVA
- 75.1 kVA – 375 kVA
- 375.1 kVA - 750 kVA
- 750.1 KVA-1000 KVA
- Above 1000 KVA
By Applications
- Residential
- Commercial
- Industrial
- Transportation & Public Infrastructure
Argentina Diesel Genset (Generator) Market: FAQs
Some of the significant international players in the market include Cummins Inc., Caterpillar Inc., and Generac Power Systems Inc.
The ever-increasing demand for electricity supply is one of the primary drivers of the Argentina diesel genset market
One of the significant challenges is the increased competition from cheaper alternative power sources such as gas generators and renewable energy sources.
The Argentina Diesel Genset Market size is projected to grow at the CAGR of 7.8 % during the forecast year.
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| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Argentina Diesel Genset Market Overview |
| 3.1 Argentina Country Macro Economic Indicators |
| 3.2 Argentina Diesel Genset Market Revenues & Volume, 2020 & 2030F |
| 3.3 Argentina Diesel Genset Market- Industry Life Cycle |
| 3.4 Argentina Diesel Genset Market- Porter's Five Forces |
| 3.5 Argentina Diesel Genset Market Revenues & Volume Share, By KVA rating , 2023 & 2030F |
| 3.6 Argentina Diesel Genset Market Revenues & Volume Share, By Application 2023 & 2030F |
| 4 Argentina Diesel Genset Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Argentina Diesel Genset Market Trends |
| 6. Argentina Diesel Genset Market, By KVA Ratings |
| 6.1 Argentina Diesel Genset Market Revenues & Volume, By 5 KVA-75 KVA 2020 & 2030F |
| 6.2 Argentina Diesel Genset Market Revenues & Volume, By 75.1 KVA-375 KVA, 2020 & 2030F |
| 6.3 Argentina Diesel Genset Market Revenues & Volume, By 375.1 KVA-750 KVA, 2020 & 2030F |
| 6.3 Argentina Diesel Genset Market Revenues & Volume, By 750.1 KVA-1000 KVA , 2020 & 2030F |
| 6.3 Argentina Diesel Genset Market Revenues & Volume, By Above 1000 KVA, 2020 & 2030F |
| 7 Argentina Diesel Genset Market, By Application |
| 7.1 Argentina Diesel Genset Market Revenues & Volume, By Residential, 2020 & 2030F |
| 7.2 Argentina Diesel Genset Market Revenues & Volume, By Commercial, 2020 & 2030F |
| 7.3 Argentina Diesel Genset Market Revenues & Volume, By Industrial, 2020 & 2030F |
| 7.3 Argentina Diesel Genset Market Revenues & Volume, By Transportation & public Infrastructure 2020 & 2030F |
| 8 Argentina Diesel Genset Market Import-Export Trade Statistics |
| 8.1 Argentina Diesel Genset Market Export to Major Countries |
| 8.2 Argentina Diesel Genset Market Imports from Major Countries |
| 9 Argentina Diesel Genset Market Key Performance Indicators |
| 10 Argentina Diesel Genset Market- Opportunity Assessment |
| 10.1 Argentina Diesel Genset Market Opportunity Assessment, By KVA rating , 2030 |
| 10.2 Argentina Diesel Genset Market Opportunity Assessment, By Application, 2030 |
| 11 Argentina Diesel Genset Market- Competitive Landscape |
| 11.1 Argentina Diesel Genset Market Revenue Share, By Companies, 2023 |
| 11.2 Argentina Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters |
| 12 Company Profiles |
| 13 Recommendations |
| 14 Disclaimer |
Market Forecast 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) And Competitive Landscape
| Product Code: ETC090004 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
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.
Pricing
- Single User License$ 1,995
- Department License$ 2,400
- Site License$ 3,120
- Global License$ 3,795
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