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Off-Road Engines-Global Market Insights and Sales Trends 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-Road Engines market size is expected to reach US$ 32570 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Off-Road Engines in various end use industries. The expanding demands from the Agricultural Machinery, Construction Machinery, Generator and Others, are propelling Off-Road Engines market. Four-cylinder Engine, 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 Six-cylinder Engine segment is estimated at % CAGR for the next seven-year period.
The industry's leading producers include Caterpillar, Cummins and Kubota, which account for 14.15%, 13.63% and 13.36% of revenues, respectively. By region, the Asia-Pacific region has the highest share of income, with more than 38 percent in 2019.
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-Road Engines, 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-Road Engines 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-Road Engines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Off-Road Engines 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-Road Engines covered in this report include Caterpillar, Cummins, Kubota, MAN, Deutz, FPT, Yuchai, Volvo Penta and Yanmar, etc.
The global Off-Road Engines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Caterpillar
Cummins
Kubota
MAN
Deutz
FPT
Yuchai
Volvo Penta
Yanmar
Weichai Power
Deere
Mitsubishi Heavy Industries
Isuzu
Quanchai
Global Off-Road Engines 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-Road Engines market, Segment by Type:
Four-cylinder Engine
Six-cylinder Engine
Others
Global Off-Road Engines market, by Application
Agricultural Machinery
Construction Machinery
Generator
Others
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-Road Engines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Off-Road Engines 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.
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-Road Engines market size is expected to reach US$ 32570 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Off-Road Engines in various end use industries. The expanding demands from the Agricultural Machinery, Construction Machinery, Generator and Others, are propelling Off-Road Engines market. Four-cylinder Engine, 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 Six-cylinder Engine segment is estimated at % CAGR for the next seven-year period.
The industry's leading producers include Caterpillar, Cummins and Kubota, which account for 14.15%, 13.63% and 13.36% of revenues, respectively. By region, the Asia-Pacific region has the highest share of income, with more than 38 percent in 2019.
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-Road Engines, 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-Road Engines 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-Road Engines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Off-Road Engines 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-Road Engines covered in this report include Caterpillar, Cummins, Kubota, MAN, Deutz, FPT, Yuchai, Volvo Penta and Yanmar, etc.
The global Off-Road Engines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Caterpillar
Cummins
Kubota
MAN
Deutz
FPT
Yuchai
Volvo Penta
Yanmar
Weichai Power
Deere
Mitsubishi Heavy Industries
Isuzu
Quanchai
Global Off-Road Engines 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-Road Engines market, Segment by Type:
Four-cylinder Engine
Six-cylinder Engine
Others
Global Off-Road Engines market, by Application
Agricultural Machinery
Construction Machinery
Generator
Others
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-Road Engines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Off-Road Engines 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-Road Engines Market Overview
1.1 Off-Road Engines Product Overview
1.2 Off-Road Engines Market Segment by Type
1.2.1 Four-cylinder Engine
1.2.2 Six-cylinder Engine
1.2.3 Others
1.3 Global Off-Road Engines Market Size by Type
1.3.1 Global Off-Road Engines Market Size Overview by Type (2018-2029)
1.3.2 Global Off-Road Engines Historic Market Size Review by Type (2018-2023)
1.3.3 Global Off-Road Engines Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Off-Road Engines Sales Breakdown by Type (2018-2023)
1.4.2 Europe Off-Road Engines Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Off-Road Engines Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Off-Road Engines Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Off-Road Engines Sales Breakdown by Type (2018-2023)
2 Global Off-Road Engines Market Competition by Company
2.1 Global Top Players by Off-Road Engines Sales (2018-2023)
2.2 Global Top Players by Off-Road Engines Revenue (2018-2023)
2.3 Global Top Players by Off-Road Engines Price (2018-2023)
2.4 Global Top Manufacturers Off-Road Engines Manufacturing Base Distribution, Sales Area, Product Type
2.5 Off-Road Engines Market Competitive Situation and Trends
2.5.1 Off-Road Engines Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Off-Road Engines 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-Road Engines as of 2022)
2.7 Date of Key Manufacturers Enter into Off-Road Engines Market
2.8 Key Manufacturers Off-Road Engines Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Off-Road Engines Status and Outlook by Region
3.1 Global Off-Road Engines Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Off-Road Engines Historic Market Size by Region
3.2.1 Global Off-Road Engines Sales in Volume by Region (2018-2023)
3.2.2 Global Off-Road Engines Sales in Value by Region (2018-2023)
3.2.3 Global Off-Road Engines Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Off-Road Engines Forecasted Market Size by Region
3.3.1 Global Off-Road Engines Sales in Volume by Region (2024-2029)
3.3.2 Global Off-Road Engines Sales in Value by Region (2024-2029)
3.3.3 Global Off-Road Engines Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Off-Road Engines by Application
4.1 Off-Road Engines Market Segment by Application
4.1.1 Agricultural Machinery
4.1.2 Construction Machinery
4.1.3 Generator
4.1.4 Others
4.2 Global Off-Road Engines Market Size by Application
4.2.1 Global Off-Road Engines Market Size Overview by Application (2018-2029)
4.2.2 Global Off-Road Engines Historic Market Size Review by Application (2018-2023)
4.2.3 Global Off-Road Engines Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Off-Road Engines Sales Breakdown by Application (2018-2023)
4.3.2 Europe Off-Road Engines Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Off-Road Engines Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Off-Road Engines Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Off-Road Engines Sales Breakdown by Application (2018-2023)
5 North America Off-Road Engines by Country
5.1 North America Off-Road Engines Historic Market Size by Country
5.1.1 North America Off-Road Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Off-Road Engines Sales in Volume by Country (2018-2023)
5.1.3 North America Off-Road Engines Sales in Value by Country (2018-2023)
5.2 North America Off-Road Engines Forecasted Market Size by Country
5.2.1 North America Off-Road Engines Sales in Volume by Country (2024-2029)
5.2.2 North America Off-Road Engines Sales in Value by Country (2024-2029)
6 Europe Off-Road Engines by Country
6.1 Europe Off-Road Engines Historic Market Size by Country
6.1.1 Europe Off-Road Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Off-Road Engines Sales in Volume by Country (2018-2023)
6.1.3 Europe Off-Road Engines Sales in Value by Country (2018-2023)
6.2 Europe Off-Road Engines Forecasted Market Size by Country
6.2.1 Europe Off-Road Engines Sales in Volume by Country (2024-2029)
6.2.2 Europe Off-Road Engines Sales in Value by Country (2024-2029)
7 Asia-Pacific Off-Road Engines by Region
7.1 Asia-Pacific Off-Road Engines Historic Market Size by Region
7.1.1 Asia-Pacific Off-Road Engines Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Off-Road Engines Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Off-Road Engines Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Off-Road Engines Forecasted Market Size by Region
7.2.1 Asia-Pacific Off-Road Engines Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Off-Road Engines Sales in Value by Region (2024-2029)
8 Latin America Off-Road Engines by Country
8.1 Latin America Off-Road Engines Historic Market Size by Country
8.1.1 Latin America Off-Road Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Off-Road Engines Sales in Volume by Country (2018-2023)
8.1.3 Latin America Off-Road Engines Sales in Value by Country (2018-2023)
8.2 Latin America Off-Road Engines Forecasted Market Size by Country
8.2.1 Latin America Off-Road Engines Sales in Volume by Country (2024-2029)
8.2.2 Latin America Off-Road Engines Sales in Value by Country (2024-2029)
9 Middle East and Africa Off-Road Engines by Country
9.1 Middle East and Africa Off-Road Engines Historic Market Size by Country
9.1.1 Middle East and Africa Off-Road Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Off-Road Engines Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Off-Road Engines Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Off-Road Engines Forecasted Market Size by Country
9.2.1 Middle East and Africa Off-Road Engines Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Off-Road Engines Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Caterpillar
10.1.1 Caterpillar Company Information
10.1.2 Caterpillar Introduction and Business Overview
10.1.3 Caterpillar Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Caterpillar Off-Road Engines Products Offered
10.1.5 Caterpillar Recent Development
10.2 Cummins
10.2.1 Cummins Company Information
10.2.2 Cummins Introduction and Business Overview
10.2.3 Cummins Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Cummins Off-Road Engines Products Offered
10.2.5 Cummins Recent Development
10.3 Kubota
10.3.1 Kubota Company Information
10.3.2 Kubota Introduction and Business Overview
10.3.3 Kubota Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Kubota Off-Road Engines 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-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MAN Off-Road Engines Products Offered
10.4.5 MAN Recent Development
10.5 Deutz
10.5.1 Deutz Company Information
10.5.2 Deutz Introduction and Business Overview
10.5.3 Deutz Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Deutz Off-Road Engines Products Offered
10.5.5 Deutz Recent Development
10.6 FPT
10.6.1 FPT Company Information
10.6.2 FPT Introduction and Business Overview
10.6.3 FPT Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.6.4 FPT Off-Road Engines Products Offered
10.6.5 FPT Recent Development
10.7 Yuchai
10.7.1 Yuchai Company Information
10.7.2 Yuchai Introduction and Business Overview
10.7.3 Yuchai Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Yuchai Off-Road Engines Products Offered
10.7.5 Yuchai Recent Development
10.8 Volvo Penta
10.8.1 Volvo Penta Company Information
10.8.2 Volvo Penta Introduction and Business Overview
10.8.3 Volvo Penta Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Volvo Penta Off-Road Engines Products Offered
10.8.5 Volvo Penta Recent Development
10.9 Yanmar
10.9.1 Yanmar Company Information
10.9.2 Yanmar Introduction and Business Overview
10.9.3 Yanmar Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Yanmar Off-Road Engines Products Offered
10.9.5 Yanmar Recent Development
10.10 Weichai Power
10.10.1 Weichai Power Company Information
10.10.2 Weichai Power Introduction and Business Overview
10.10.3 Weichai Power Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Weichai Power Off-Road Engines Products Offered
10.10.5 Weichai Power Recent Development
10.11 Deere
10.11.1 Deere Company Information
10.11.2 Deere Introduction and Business Overview
10.11.3 Deere Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Deere Off-Road Engines Products Offered
10.11.5 Deere Recent Development
10.12 Mitsubishi Heavy Industries
10.12.1 Mitsubishi Heavy Industries Company Information
10.12.2 Mitsubishi Heavy Industries Introduction and Business Overview
10.12.3 Mitsubishi Heavy Industries Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Mitsubishi Heavy Industries Off-Road Engines Products Offered
10.12.5 Mitsubishi Heavy Industries Recent Development
10.13 Isuzu
10.13.1 Isuzu Company Information
10.13.2 Isuzu Introduction and Business Overview
10.13.3 Isuzu Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Isuzu Off-Road Engines Products Offered
10.13.5 Isuzu Recent Development
10.14 Quanchai
10.14.1 Quanchai Company Information
10.14.2 Quanchai Introduction and Business Overview
10.14.3 Quanchai Off-Road Engines Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Quanchai Off-Road Engines Products Offered
10.14.5 Quanchai Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Off-Road Engines 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-Road Engines Industrial Chain Analysis
11.4 Off-Road Engines Market Dynamics
11.4.1 Off-Road Engines Industry Trends
11.4.2 Off-Road Engines Market Drivers
11.4.3 Off-Road Engines Market Challenges
11.4.4 Off-Road Engines Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Off-Road Engines Distributors
12.3 Off-Road Engines 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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