Argentina Natural Gas Generator Market Size & Outlook
Argentina natural gas generator market, 2018-2030 (US$M)
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Argentina natural gas generator market highlights
- The Argentina natural gas generator market generated a revenue of USD 283.8 million in 2021 and is expected to reach USD 634.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.4% from 2022 to 2030.
- In terms of segment, low power gensets was the largest revenue generating power rating in 2021.
- Medium Power Gensets is the most lucrative power rating segment registering the fastest growth during the forecast period.
Natural gas generator market data book summary
| Market revenue in 2021 | USD 283.8 million |
| Market revenue in 2030 | USD 634.7 million |
| Growth rate | 9.4% (CAGR from 2021 to 2030) |
| Largest segment | Low power gensets |
| Fastest growing segment | Medium Power Gensets |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Power Gensets, Medium Power Gensets, HighPower Gensets |
| Key market players worldwide | Caterpillar Inc, Cummins Inc, Generac Holdings Inc, Mitsubishi Heavy Industries Ltd, Kohler, GE Aerospace, MTU Onsite Energy, Mahindra & Mahindra Ltd DR |
Other key industry trends
- In terms of revenue, Argentina accounted for 4.0% of the global natural gas generator market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil natural gas 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 778.1 million by 2030.
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Natural Gas Generator Market Scope
Natural Gas Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina natural gas 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 natural gas generator market will help companies and investors design strategic landscapes.
Low power gensets was the largest segment with a revenue share of 43.13% in 2021. Horizon Databook has segmented the Argentina natural gas generator market based on low power gensets, medium power gensets, highpower gensets covering the revenue growth of each sub-segment from 2018 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. The country is trying to reduce greenhouse gas emissions during power generation.
Rising population and increase in per capita power consumption are the major factors augmenting natural gas genset market in the country over the forecast period.
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Our clientele includes a mix of natural gas generator market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina natural gas generator market , including forecasts for subscribers. This country databook contains high-level insights into Argentina natural gas generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina natural gas generator market size, by power rating, 2018-2030 (US$M)
Argentina Natural Gas Generator Market Outlook Share, 2021 & 2030 (US$M)
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