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Global Off Highway Vehicle Engines Market Research Report 2024
Synopsis
The Off-road Engines category consists of compression-ignition engines (i.e. diesel engines) that are found in a wide variety of off-road applications such as agricultural, construction, and industrial, etc.
The global Off Highway Vehicle Engines market was valued at US$ 26400 million in 2023 and is anticipated to reach US$ 32570 million by 2030, witnessing a CAGR of 3.0% during the forecast period 2024-2030.
North American market for Off Highway Vehicle Engines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Off Highway Vehicle Engines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Off Highway Vehicle Engines include Caterpillar, Cummins, Kubota, MAN, Deutz, FPT, Yuchai, Volvo Penta and Yanmar, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Off Highway Vehicle Engines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Off Highway Vehicle Engines.
Report Scope
The Off Highway Vehicle Engines market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Off Highway Vehicle Engines market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Off Highway Vehicle Engines manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Caterpillar
Cummins
Kubota
MAN
Deutz
FPT
Yuchai
Volvo Penta
Yanmar
Weichai Power
John Deere
Mitsubishi Heavy Industries
Isuzu
Quanchai
Segment by Type
Four-cylinder Engine
Six-cylinder Engine
Others
Segment by Application
Construction
Agricultural
Mining
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Off Highway Vehicle Engines manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Off Highway Vehicle Engines by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Off Highway Vehicle Engines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The Off-road Engines category consists of compression-ignition engines (i.e. diesel engines) that are found in a wide variety of off-road applications such as agricultural, construction, and industrial, etc.
The global Off Highway Vehicle Engines market was valued at US$ 26400 million in 2023 and is anticipated to reach US$ 32570 million by 2030, witnessing a CAGR of 3.0% during the forecast period 2024-2030.
North American market for Off Highway Vehicle Engines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Off Highway Vehicle Engines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Off Highway Vehicle Engines include Caterpillar, Cummins, Kubota, MAN, Deutz, FPT, Yuchai, Volvo Penta and Yanmar, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Off Highway Vehicle Engines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Off Highway Vehicle Engines.
Report Scope
The Off Highway Vehicle Engines market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Off Highway Vehicle Engines market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Off Highway Vehicle Engines manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Caterpillar
Cummins
Kubota
MAN
Deutz
FPT
Yuchai
Volvo Penta
Yanmar
Weichai Power
John Deere
Mitsubishi Heavy Industries
Isuzu
Quanchai
Segment by Type
Four-cylinder Engine
Six-cylinder Engine
Others
Segment by Application
Construction
Agricultural
Mining
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Off Highway Vehicle Engines manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Off Highway Vehicle Engines by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Off Highway Vehicle Engines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Off Highway Vehicle Engines Market Overview
1.1 Product Definition
1.2 Off Highway Vehicle Engines Segment by Type
1.2.1 Global Off Highway Vehicle Engines Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Four-cylinder Engine
1.2.3 Six-cylinder Engine
1.2.4 Others
1.3 Off Highway Vehicle Engines Segment by Application
1.3.1 Global Off Highway Vehicle Engines Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Construction
1.3.3 Agricultural
1.3.4 Mining
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Off Highway Vehicle Engines Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Off Highway Vehicle Engines Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Off Highway Vehicle Engines Production Estimates and Forecasts (2019-2030)
1.4.4 Global Off Highway Vehicle Engines Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Off Highway Vehicle Engines Production Market Share by Manufacturers (2019-2024)
2.2 Global Off Highway Vehicle Engines Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Off Highway Vehicle Engines, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Off Highway Vehicle Engines Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Off Highway Vehicle Engines Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Off Highway Vehicle Engines, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Off Highway Vehicle Engines, Product Offered and Application
2.8 Global Key Manufacturers of Off Highway Vehicle Engines, Date of Enter into This Industry
2.9 Off Highway Vehicle Engines Market Competitive Situation and Trends
2.9.1 Off Highway Vehicle Engines Market Concentration Rate
2.9.2 Global 5 and 10 Largest Off Highway Vehicle Engines Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Off Highway Vehicle Engines Production by Region
3.1 Global Off Highway Vehicle Engines Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Off Highway Vehicle Engines Production Value by Region (2019-2030)
3.2.1 Global Off Highway Vehicle Engines Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Off Highway Vehicle Engines by Region (2025-2030)
3.3 Global Off Highway Vehicle Engines Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Off Highway Vehicle Engines Production by Region (2019-2030)
3.4.1 Global Off Highway Vehicle Engines Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Off Highway Vehicle Engines by Region (2025-2030)
3.5 Global Off Highway Vehicle Engines Market Price Analysis by Region (2019-2024)
3.6 Global Off Highway Vehicle Engines Production and Value, Year-over-Year Growth
3.6.1 North America Off Highway Vehicle Engines Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Off Highway Vehicle Engines Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Off Highway Vehicle Engines Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Off Highway Vehicle Engines Production Value Estimates and Forecasts (2019-2030)
4 Off Highway Vehicle Engines Consumption by Region
4.1 Global Off Highway Vehicle Engines Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Off Highway Vehicle Engines Consumption by Region (2019-2030)
4.2.1 Global Off Highway Vehicle Engines Consumption by Region (2019-2024)
4.2.2 Global Off Highway Vehicle Engines Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Off Highway Vehicle Engines Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Off Highway Vehicle Engines Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Off Highway Vehicle Engines Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Off Highway Vehicle Engines Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Off Highway Vehicle Engines Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Off Highway Vehicle Engines Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Off Highway Vehicle Engines Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Off Highway Vehicle Engines Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Off Highway Vehicle Engines Production by Type (2019-2030)
5.1.1 Global Off Highway Vehicle Engines Production by Type (2019-2024)
5.1.2 Global Off Highway Vehicle Engines Production by Type (2025-2030)
5.1.3 Global Off Highway Vehicle Engines Production Market Share by Type (2019-2030)
5.2 Global Off Highway Vehicle Engines Production Value by Type (2019-2030)
5.2.1 Global Off Highway Vehicle Engines Production Value by Type (2019-2024)
5.2.2 Global Off Highway Vehicle Engines Production Value by Type (2025-2030)
5.2.3 Global Off Highway Vehicle Engines Production Value Market Share by Type (2019-2030)
5.3 Global Off Highway Vehicle Engines Price by Type (2019-2030)
6 Segment by Application
6.1 Global Off Highway Vehicle Engines Production by Application (2019-2030)
6.1.1 Global Off Highway Vehicle Engines Production by Application (2019-2024)
6.1.2 Global Off Highway Vehicle Engines Production by Application (2025-2030)
6.1.3 Global Off Highway Vehicle Engines Production Market Share by Application (2019-2030)
6.2 Global Off Highway Vehicle Engines Production Value by Application (2019-2030)
6.2.1 Global Off Highway Vehicle Engines Production Value by Application (2019-2024)
6.2.2 Global Off Highway Vehicle Engines Production Value by Application (2025-2030)
6.2.3 Global Off Highway Vehicle Engines Production Value Market Share by Application (2019-2030)
6.3 Global Off Highway Vehicle Engines Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Caterpillar
7.1.1 Caterpillar Off Highway Vehicle Engines Corporation Information
7.1.2 Caterpillar Off Highway Vehicle Engines Product Portfolio
7.1.3 Caterpillar Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Caterpillar Main Business and Markets Served
7.1.5 Caterpillar Recent Developments/Updates
7.2 Cummins
7.2.1 Cummins Off Highway Vehicle Engines Corporation Information
7.2.2 Cummins Off Highway Vehicle Engines Product Portfolio
7.2.3 Cummins Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Cummins Main Business and Markets Served
7.2.5 Cummins Recent Developments/Updates
7.3 Kubota
7.3.1 Kubota Off Highway Vehicle Engines Corporation Information
7.3.2 Kubota Off Highway Vehicle Engines Product Portfolio
7.3.3 Kubota Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Kubota Main Business and Markets Served
7.3.5 Kubota Recent Developments/Updates
7.4 MAN
7.4.1 MAN Off Highway Vehicle Engines Corporation Information
7.4.2 MAN Off Highway Vehicle Engines Product Portfolio
7.4.3 MAN Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.4.4 MAN Main Business and Markets Served
7.4.5 MAN Recent Developments/Updates
7.5 Deutz
7.5.1 Deutz Off Highway Vehicle Engines Corporation Information
7.5.2 Deutz Off Highway Vehicle Engines Product Portfolio
7.5.3 Deutz Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Deutz Main Business and Markets Served
7.5.5 Deutz Recent Developments/Updates
7.6 FPT
7.6.1 FPT Off Highway Vehicle Engines Corporation Information
7.6.2 FPT Off Highway Vehicle Engines Product Portfolio
7.6.3 FPT Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.6.4 FPT Main Business and Markets Served
7.6.5 FPT Recent Developments/Updates
7.7 Yuchai
7.7.1 Yuchai Off Highway Vehicle Engines Corporation Information
7.7.2 Yuchai Off Highway Vehicle Engines Product Portfolio
7.7.3 Yuchai Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Yuchai Main Business and Markets Served
7.7.5 Yuchai Recent Developments/Updates
7.8 Volvo Penta
7.8.1 Volvo Penta Off Highway Vehicle Engines Corporation Information
7.8.2 Volvo Penta Off Highway Vehicle Engines Product Portfolio
7.8.3 Volvo Penta Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Volvo Penta Main Business and Markets Served
7.7.5 Volvo Penta Recent Developments/Updates
7.9 Yanmar
7.9.1 Yanmar Off Highway Vehicle Engines Corporation Information
7.9.2 Yanmar Off Highway Vehicle Engines Product Portfolio
7.9.3 Yanmar Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Yanmar Main Business and Markets Served
7.9.5 Yanmar Recent Developments/Updates
7.10 Weichai Power
7.10.1 Weichai Power Off Highway Vehicle Engines Corporation Information
7.10.2 Weichai Power Off Highway Vehicle Engines Product Portfolio
7.10.3 Weichai Power Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Weichai Power Main Business and Markets Served
7.10.5 Weichai Power Recent Developments/Updates
7.11 John Deere
7.11.1 John Deere Off Highway Vehicle Engines Corporation Information
7.11.2 John Deere Off Highway Vehicle Engines Product Portfolio
7.11.3 John Deere Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.11.4 John Deere Main Business and Markets Served
7.11.5 John Deere Recent Developments/Updates
7.12 Mitsubishi Heavy Industries
7.12.1 Mitsubishi Heavy Industries Off Highway Vehicle Engines Corporation Information
7.12.2 Mitsubishi Heavy Industries Off Highway Vehicle Engines Product Portfolio
7.12.3 Mitsubishi Heavy Industries Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Mitsubishi Heavy Industries Main Business and Markets Served
7.12.5 Mitsubishi Heavy Industries Recent Developments/Updates
7.13 Isuzu
7.13.1 Isuzu Off Highway Vehicle Engines Corporation Information
7.13.2 Isuzu Off Highway Vehicle Engines Product Portfolio
7.13.3 Isuzu Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Isuzu Main Business and Markets Served
7.13.5 Isuzu Recent Developments/Updates
7.14 Quanchai
7.14.1 Quanchai Off Highway Vehicle Engines Corporation Information
7.14.2 Quanchai Off Highway Vehicle Engines Product Portfolio
7.14.3 Quanchai Off Highway Vehicle Engines Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Quanchai Main Business and Markets Served
7.14.5 Quanchai Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Off Highway Vehicle Engines Industry Chain Analysis
8.2 Off Highway Vehicle Engines Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Off Highway Vehicle Engines Production Mode & Process
8.4 Off Highway Vehicle Engines Sales and Marketing
8.4.1 Off Highway Vehicle Engines Sales Channels
8.4.2 Off Highway Vehicle Engines Distributors
8.5 Off Highway Vehicle Engines Customers
9 Off Highway Vehicle Engines Market Dynamics
9.1 Off Highway Vehicle Engines Industry Trends
9.2 Off Highway Vehicle Engines Market Drivers
9.3 Off Highway Vehicle Engines Market Challenges
9.4 Off Highway Vehicle Engines Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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