Argentina Diesel Generator Market Size & Outlook
Argentina diesel generator market, 2019-2030 (US$M)
Related Markets
Argentina diesel generator market highlights
- The Argentina diesel generator market generated a revenue of USD 391.1 million in 2022 and is expected to reach USD 826.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.8% from 2023 to 2030.
- In terms of segment, low power gensets was the largest revenue generating power rating in 2022.
- Medium Power Gensets is the most lucrative power rating segment registering the fastest growth during the forecast period.
Diesel generator market data book summary
| Market revenue in 2022 | USD 391.1 million |
| Market revenue in 2030 | USD 826.9 million |
| Growth rate | 9.8% (CAGR from 2022 to 2030) |
| Largest segment | Low power gensets |
| Fastest growing segment | Medium Power Gensets |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Power Gensets, Medium Power Gensets, High Power Gensets |
| Key market players worldwide | Atlas Copco AB Class A, Caterpillar Inc, Cummins Inc, Generac Holdings Inc, Honda Motor Co Ltd, Kohler, Rolls-Royce Holdings PLC, Wartsila Corp |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.6% of the global diesel generator market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil diesel generator market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,053.1 million by 2030.
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Diesel Generator Market Scope
Diesel Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina diesel generator market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to diesel generator market will help companies and investors design strategic landscapes.
Low power gensets was the largest segment with a revenue share of 43.36% in 2022. Horizon Databook has segmented the Argentina diesel generator market based on low power gensets, medium power gensets, high power gensets covering the revenue growth of each sub-segment from 2019 to 2030.
Argentina GDP is growing at a significant rate, owing to the industrial expansion in the country which propels increased demand for electricity in the country. Rising population and increase in per capita power consumption are the major factors augmenting the diesel generator market in the country over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina diesel generator market , including forecasts for subscribers. This country databook contains high-level insights into Argentina diesel generator market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina diesel generator market size, by power rating, 2019-2030 (US$M)
Argentina Diesel Generator Market Outlook Share, 2022 & 2030 (US$M)
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