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Off Highway Engine-Global Market Insights and Sales Trends 2024
Synopsis
Off-highway engines are usually designed for vehicles used on rough terrain or off-highway activities, expecially construction, agriculture and mining.
The global Off Highway Engine market size is expected to reach US$ 57640 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of Off Highway Engine in various end use industries. The expanding demands from the Construction Machinery, Agricultural Machinery, Mining Machinery and Other, are propelling Off Highway Engine market. Under 50 Hp, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 50-100 Hp segment is estimated at % CAGR for the next seven-year period.
The growth of off-highway vehicle engines depends on the growth rate of the agricultural and construction machinery industries. The rising trend of agricultural mechanization in developing countries and surge in residential and commercial construction projects across the globe are driving the construction and agricultural machinery market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Off Highway Engine, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Off Highway Engine market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Off Highway Engine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Off Highway Engine sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Off Highway Engine covered in this report include Cummins, Caterpillar, Kubota, MAN, Volvo Penta, Fiat Powertrain Technologies, Yanmar, Deutz and Deere, etc.
The global Off Highway Engine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cummins
Caterpillar
Kubota
MAN
Volvo Penta
Fiat Powertrain Technologies
Yanmar
Deutz
Deere
Mitsubishi
Isuzu
Kohler
Quanchai
Weichai Power
Yunnei Power
Yuchai
Global Off Highway Engine market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Off Highway Engine market, Segment by Type:
Under 50 Hp
50-100 Hp
Above 100 Hp
Global Off Highway Engine market, by Application
Construction Machinery
Agricultural Machinery
Mining Machinery
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Off Highway Engine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Off Highway Engine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Off-highway engines are usually designed for vehicles used on rough terrain or off-highway activities, expecially construction, agriculture and mining.
The global Off Highway Engine market size is expected to reach US$ 57640 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of Off Highway Engine in various end use industries. The expanding demands from the Construction Machinery, Agricultural Machinery, Mining Machinery and Other, are propelling Off Highway Engine market. Under 50 Hp, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 50-100 Hp segment is estimated at % CAGR for the next seven-year period.
The growth of off-highway vehicle engines depends on the growth rate of the agricultural and construction machinery industries. The rising trend of agricultural mechanization in developing countries and surge in residential and commercial construction projects across the globe are driving the construction and agricultural machinery market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Off Highway Engine, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Off Highway Engine market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Off Highway Engine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Off Highway Engine sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Off Highway Engine covered in this report include Cummins, Caterpillar, Kubota, MAN, Volvo Penta, Fiat Powertrain Technologies, Yanmar, Deutz and Deere, etc.
The global Off Highway Engine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cummins
Caterpillar
Kubota
MAN
Volvo Penta
Fiat Powertrain Technologies
Yanmar
Deutz
Deere
Mitsubishi
Isuzu
Kohler
Quanchai
Weichai Power
Yunnei Power
Yuchai
Global Off Highway Engine market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Off Highway Engine market, Segment by Type:
Under 50 Hp
50-100 Hp
Above 100 Hp
Global Off Highway Engine market, by Application
Construction Machinery
Agricultural Machinery
Mining Machinery
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Off Highway Engine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Off Highway Engine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Off Highway Engine Market Overview
1.1 Off Highway Engine Product Overview
1.2 Off Highway Engine Market Segment by Type
1.2.1 Under 50 Hp
1.2.2 50-100 Hp
1.2.3 Above 100 Hp
1.3 Global Off Highway Engine Market Size by Type
1.3.1 Global Off Highway Engine Market Size Overview by Type (2018-2029)
1.3.2 Global Off Highway Engine Historic Market Size Review by Type (2018-2023)
1.3.3 Global Off Highway Engine Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Off Highway Engine Sales Breakdown by Type (2018-2023)
1.4.2 Europe Off Highway Engine Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Off Highway Engine Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Off Highway Engine Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Off Highway Engine Sales Breakdown by Type (2018-2023)
2 Global Off Highway Engine Market Competition by Company
2.1 Global Top Players by Off Highway Engine Sales (2018-2023)
2.2 Global Top Players by Off Highway Engine Revenue (2018-2023)
2.3 Global Top Players by Off Highway Engine Price (2018-2023)
2.4 Global Top Manufacturers Off Highway Engine Manufacturing Base Distribution, Sales Area, Product Type
2.5 Off Highway Engine Market Competitive Situation and Trends
2.5.1 Off Highway Engine Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Off Highway Engine Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Off Highway Engine as of 2022)
2.7 Date of Key Manufacturers Enter into Off Highway Engine Market
2.8 Key Manufacturers Off Highway Engine Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Off Highway Engine Status and Outlook by Region
3.1 Global Off Highway Engine Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Off Highway Engine Historic Market Size by Region
3.2.1 Global Off Highway Engine Sales in Volume by Region (2018-2023)
3.2.2 Global Off Highway Engine Sales in Value by Region (2018-2023)
3.2.3 Global Off Highway Engine Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Off Highway Engine Forecasted Market Size by Region
3.3.1 Global Off Highway Engine Sales in Volume by Region (2024-2029)
3.3.2 Global Off Highway Engine Sales in Value by Region (2024-2029)
3.3.3 Global Off Highway Engine Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Off Highway Engine by Application
4.1 Off Highway Engine Market Segment by Application
4.1.1 Construction Machinery
4.1.2 Agricultural Machinery
4.1.3 Mining Machinery
4.1.4 Other
4.2 Global Off Highway Engine Market Size by Application
4.2.1 Global Off Highway Engine Market Size Overview by Application (2018-2029)
4.2.2 Global Off Highway Engine Historic Market Size Review by Application (2018-2023)
4.2.3 Global Off Highway Engine Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Off Highway Engine Sales Breakdown by Application (2018-2023)
4.3.2 Europe Off Highway Engine Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Off Highway Engine Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Off Highway Engine Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Off Highway Engine Sales Breakdown by Application (2018-2023)
5 North America Off Highway Engine by Country
5.1 North America Off Highway Engine Historic Market Size by Country
5.1.1 North America Off Highway Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Off Highway Engine Sales in Volume by Country (2018-2023)
5.1.3 North America Off Highway Engine Sales in Value by Country (2018-2023)
5.2 North America Off Highway Engine Forecasted Market Size by Country
5.2.1 North America Off Highway Engine Sales in Volume by Country (2024-2029)
5.2.2 North America Off Highway Engine Sales in Value by Country (2024-2029)
6 Europe Off Highway Engine by Country
6.1 Europe Off Highway Engine Historic Market Size by Country
6.1.1 Europe Off Highway Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Off Highway Engine Sales in Volume by Country (2018-2023)
6.1.3 Europe Off Highway Engine Sales in Value by Country (2018-2023)
6.2 Europe Off Highway Engine Forecasted Market Size by Country
6.2.1 Europe Off Highway Engine Sales in Volume by Country (2024-2029)
6.2.2 Europe Off Highway Engine Sales in Value by Country (2024-2029)
7 Asia-Pacific Off Highway Engine by Region
7.1 Asia-Pacific Off Highway Engine Historic Market Size by Region
7.1.1 Asia-Pacific Off Highway Engine Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Off Highway Engine Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Off Highway Engine Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Off Highway Engine Forecasted Market Size by Region
7.2.1 Asia-Pacific Off Highway Engine Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Off Highway Engine Sales in Value by Region (2024-2029)
8 Latin America Off Highway Engine by Country
8.1 Latin America Off Highway Engine Historic Market Size by Country
8.1.1 Latin America Off Highway Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Off Highway Engine Sales in Volume by Country (2018-2023)
8.1.3 Latin America Off Highway Engine Sales in Value by Country (2018-2023)
8.2 Latin America Off Highway Engine Forecasted Market Size by Country
8.2.1 Latin America Off Highway Engine Sales in Volume by Country (2024-2029)
8.2.2 Latin America Off Highway Engine Sales in Value by Country (2024-2029)
9 Middle East and Africa Off Highway Engine by Country
9.1 Middle East and Africa Off Highway Engine Historic Market Size by Country
9.1.1 Middle East and Africa Off Highway Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Off Highway Engine Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Off Highway Engine Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Off Highway Engine Forecasted Market Size by Country
9.2.1 Middle East and Africa Off Highway Engine Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Off Highway Engine Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cummins
10.1.1 Cummins Company Information
10.1.2 Cummins Introduction and Business Overview
10.1.3 Cummins Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cummins Off Highway Engine Products Offered
10.1.5 Cummins Recent Development
10.2 Caterpillar
10.2.1 Caterpillar Company Information
10.2.2 Caterpillar Introduction and Business Overview
10.2.3 Caterpillar Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Caterpillar Off Highway Engine Products Offered
10.2.5 Caterpillar Recent Development
10.3 Kubota
10.3.1 Kubota Company Information
10.3.2 Kubota Introduction and Business Overview
10.3.3 Kubota Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Kubota Off Highway Engine Products Offered
10.3.5 Kubota Recent Development
10.4 MAN
10.4.1 MAN Company Information
10.4.2 MAN Introduction and Business Overview
10.4.3 MAN Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MAN Off Highway Engine Products Offered
10.4.5 MAN Recent Development
10.5 Volvo Penta
10.5.1 Volvo Penta Company Information
10.5.2 Volvo Penta Introduction and Business Overview
10.5.3 Volvo Penta Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Volvo Penta Off Highway Engine Products Offered
10.5.5 Volvo Penta Recent Development
10.6 Fiat Powertrain Technologies
10.6.1 Fiat Powertrain Technologies Company Information
10.6.2 Fiat Powertrain Technologies Introduction and Business Overview
10.6.3 Fiat Powertrain Technologies Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Fiat Powertrain Technologies Off Highway Engine Products Offered
10.6.5 Fiat Powertrain Technologies Recent Development
10.7 Yanmar
10.7.1 Yanmar Company Information
10.7.2 Yanmar Introduction and Business Overview
10.7.3 Yanmar Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Yanmar Off Highway Engine Products Offered
10.7.5 Yanmar Recent Development
10.8 Deutz
10.8.1 Deutz Company Information
10.8.2 Deutz Introduction and Business Overview
10.8.3 Deutz Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Deutz Off Highway Engine Products Offered
10.8.5 Deutz Recent Development
10.9 Deere
10.9.1 Deere Company Information
10.9.2 Deere Introduction and Business Overview
10.9.3 Deere Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Deere Off Highway Engine Products Offered
10.9.5 Deere Recent Development
10.10 Mitsubishi
10.10.1 Mitsubishi Company Information
10.10.2 Mitsubishi Introduction and Business Overview
10.10.3 Mitsubishi Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Mitsubishi Off Highway Engine Products Offered
10.10.5 Mitsubishi Recent Development
10.11 Isuzu
10.11.1 Isuzu Company Information
10.11.2 Isuzu Introduction and Business Overview
10.11.3 Isuzu Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Isuzu Off Highway Engine Products Offered
10.11.5 Isuzu Recent Development
10.12 Kohler
10.12.1 Kohler Company Information
10.12.2 Kohler Introduction and Business Overview
10.12.3 Kohler Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Kohler Off Highway Engine Products Offered
10.12.5 Kohler Recent Development
10.13 Quanchai
10.13.1 Quanchai Company Information
10.13.2 Quanchai Introduction and Business Overview
10.13.3 Quanchai Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Quanchai Off Highway Engine Products Offered
10.13.5 Quanchai Recent Development
10.14 Weichai Power
10.14.1 Weichai Power Company Information
10.14.2 Weichai Power Introduction and Business Overview
10.14.3 Weichai Power Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Weichai Power Off Highway Engine Products Offered
10.14.5 Weichai Power Recent Development
10.15 Yunnei Power
10.15.1 Yunnei Power Company Information
10.15.2 Yunnei Power Introduction and Business Overview
10.15.3 Yunnei Power Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Yunnei Power Off Highway Engine Products Offered
10.15.5 Yunnei Power Recent Development
10.16 Yuchai
10.16.1 Yuchai Company Information
10.16.2 Yuchai Introduction and Business Overview
10.16.3 Yuchai Off Highway Engine Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Yuchai Off Highway Engine Products Offered
10.16.5 Yuchai Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Off Highway Engine Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Off Highway Engine Industrial Chain Analysis
11.4 Off Highway Engine Market Dynamics
11.4.1 Off Highway Engine Industry Trends
11.4.2 Off Highway Engine Market Drivers
11.4.3 Off Highway Engine Market Challenges
11.4.4 Off Highway Engine Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Off Highway Engine Distributors
12.3 Off Highway Engine Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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