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Off-road Vehicle Engines-Global Market Insights and Sales Trends 2024
Synopsis
An off-road vehicle is considered to be any type of vehicle which is capable of driving on and off paved or gravel surface.
The global Off-road Vehicle Engines 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-road Vehicle Engines in various end use industries. The expanding demands from the Construction Machinery, Agricultural Machinery and Other, are propelling Off-road Vehicle Engines 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 surge in off-highway vehicle engine utilization is attributed to positive growth in global agricultural and construction machinery sales. Rapid urbanization and increasing infrastructure activities in residential and non-residential areas have accelerated the demand for construction machinery. Additionally, governments (especially Increasing initiatives to increase agricultural mechanization (are emerging economies) are stimulating demand for agricultural machinery such as medium and heavy-duty tractors in these regions. Due to these factors, the global demand for off-highway vehicle engines is increasing as the adoption of construction and agricultural machinery increases.
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 Vehicle 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 Vehicle 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 Vehicle Engines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Off-road Vehicle 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 Vehicle Engines covered in this report include Cummins, Caterpillar, Kubota, MAN, Volvo Penta, FPT, Yanmar, Deutz and Deere, etc.
The global Off-road Vehicle 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:
Cummins
Caterpillar
Kubota
MAN
Volvo Penta
FPT
Yanmar
Deutz
Deere
Weichai Power
Yunnei Power
Mitsubishi
Isuzu
Lombardini
Anhui Quanchai Group
Yuchai
Global Off-road Vehicle 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 Vehicle Engines market, Segment by Type:
Under 50 Hp
50-100 Hp
Above 100 Hp
Global Off-road Vehicle Engines market, by Application
Construction Machinery
Agricultural 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-road Vehicle 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 Vehicle 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.
An off-road vehicle is considered to be any type of vehicle which is capable of driving on and off paved or gravel surface.
The global Off-road Vehicle Engines 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-road Vehicle Engines in various end use industries. The expanding demands from the Construction Machinery, Agricultural Machinery and Other, are propelling Off-road Vehicle Engines 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 surge in off-highway vehicle engine utilization is attributed to positive growth in global agricultural and construction machinery sales. Rapid urbanization and increasing infrastructure activities in residential and non-residential areas have accelerated the demand for construction machinery. Additionally, governments (especially Increasing initiatives to increase agricultural mechanization (are emerging economies) are stimulating demand for agricultural machinery such as medium and heavy-duty tractors in these regions. Due to these factors, the global demand for off-highway vehicle engines is increasing as the adoption of construction and agricultural machinery increases.
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 Vehicle 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 Vehicle 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 Vehicle Engines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Off-road Vehicle 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 Vehicle Engines covered in this report include Cummins, Caterpillar, Kubota, MAN, Volvo Penta, FPT, Yanmar, Deutz and Deere, etc.
The global Off-road Vehicle 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:
Cummins
Caterpillar
Kubota
MAN
Volvo Penta
FPT
Yanmar
Deutz
Deere
Weichai Power
Yunnei Power
Mitsubishi
Isuzu
Lombardini
Anhui Quanchai Group
Yuchai
Global Off-road Vehicle 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 Vehicle Engines market, Segment by Type:
Under 50 Hp
50-100 Hp
Above 100 Hp
Global Off-road Vehicle Engines market, by Application
Construction Machinery
Agricultural 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-road Vehicle 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 Vehicle 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 Vehicle Engines Market Overview
1.1 Off-road Vehicle Engines Product Overview
1.2 Off-road Vehicle Engines 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-road Vehicle Engines Market Size by Type
1.3.1 Global Off-road Vehicle Engines Market Size Overview by Type (2018-2029)
1.3.2 Global Off-road Vehicle Engines Historic Market Size Review by Type (2018-2023)
1.3.3 Global Off-road Vehicle Engines Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Off-road Vehicle Engines Sales Breakdown by Type (2018-2023)
1.4.2 Europe Off-road Vehicle Engines Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Off-road Vehicle Engines Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Off-road Vehicle Engines Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Off-road Vehicle Engines Sales Breakdown by Type (2018-2023)
2 Global Off-road Vehicle Engines Market Competition by Company
2.1 Global Top Players by Off-road Vehicle Engines Sales (2018-2023)
2.2 Global Top Players by Off-road Vehicle Engines Revenue (2018-2023)
2.3 Global Top Players by Off-road Vehicle Engines Price (2018-2023)
2.4 Global Top Manufacturers Off-road Vehicle Engines Manufacturing Base Distribution, Sales Area, Product Type
2.5 Off-road Vehicle Engines Market Competitive Situation and Trends
2.5.1 Off-road Vehicle Engines Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Off-road Vehicle 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 Vehicle Engines as of 2022)
2.7 Date of Key Manufacturers Enter into Off-road Vehicle Engines Market
2.8 Key Manufacturers Off-road Vehicle Engines Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Off-road Vehicle Engines Status and Outlook by Region
3.1 Global Off-road Vehicle Engines Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Off-road Vehicle Engines Historic Market Size by Region
3.2.1 Global Off-road Vehicle Engines Sales in Volume by Region (2018-2023)
3.2.2 Global Off-road Vehicle Engines Sales in Value by Region (2018-2023)
3.2.3 Global Off-road Vehicle Engines Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Off-road Vehicle Engines Forecasted Market Size by Region
3.3.1 Global Off-road Vehicle Engines Sales in Volume by Region (2024-2029)
3.3.2 Global Off-road Vehicle Engines Sales in Value by Region (2024-2029)
3.3.3 Global Off-road Vehicle Engines Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Off-road Vehicle Engines by Application
4.1 Off-road Vehicle Engines Market Segment by Application
4.1.1 Construction Machinery
4.1.2 Agricultural Machinery
4.1.3 Other
4.2 Global Off-road Vehicle Engines Market Size by Application
4.2.1 Global Off-road Vehicle Engines Market Size Overview by Application (2018-2029)
4.2.2 Global Off-road Vehicle Engines Historic Market Size Review by Application (2018-2023)
4.2.3 Global Off-road Vehicle Engines Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Off-road Vehicle Engines Sales Breakdown by Application (2018-2023)
4.3.2 Europe Off-road Vehicle Engines Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Off-road Vehicle Engines Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Off-road Vehicle Engines Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Off-road Vehicle Engines Sales Breakdown by Application (2018-2023)
5 North America Off-road Vehicle Engines by Country
5.1 North America Off-road Vehicle Engines Historic Market Size by Country
5.1.1 North America Off-road Vehicle Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Off-road Vehicle Engines Sales in Volume by Country (2018-2023)
5.1.3 North America Off-road Vehicle Engines Sales in Value by Country (2018-2023)
5.2 North America Off-road Vehicle Engines Forecasted Market Size by Country
5.2.1 North America Off-road Vehicle Engines Sales in Volume by Country (2024-2029)
5.2.2 North America Off-road Vehicle Engines Sales in Value by Country (2024-2029)
6 Europe Off-road Vehicle Engines by Country
6.1 Europe Off-road Vehicle Engines Historic Market Size by Country
6.1.1 Europe Off-road Vehicle Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Off-road Vehicle Engines Sales in Volume by Country (2018-2023)
6.1.3 Europe Off-road Vehicle Engines Sales in Value by Country (2018-2023)
6.2 Europe Off-road Vehicle Engines Forecasted Market Size by Country
6.2.1 Europe Off-road Vehicle Engines Sales in Volume by Country (2024-2029)
6.2.2 Europe Off-road Vehicle Engines Sales in Value by Country (2024-2029)
7 Asia-Pacific Off-road Vehicle Engines by Region
7.1 Asia-Pacific Off-road Vehicle Engines Historic Market Size by Region
7.1.1 Asia-Pacific Off-road Vehicle Engines Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Off-road Vehicle Engines Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Off-road Vehicle Engines Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Off-road Vehicle Engines Forecasted Market Size by Region
7.2.1 Asia-Pacific Off-road Vehicle Engines Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Off-road Vehicle Engines Sales in Value by Region (2024-2029)
8 Latin America Off-road Vehicle Engines by Country
8.1 Latin America Off-road Vehicle Engines Historic Market Size by Country
8.1.1 Latin America Off-road Vehicle Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Off-road Vehicle Engines Sales in Volume by Country (2018-2023)
8.1.3 Latin America Off-road Vehicle Engines Sales in Value by Country (2018-2023)
8.2 Latin America Off-road Vehicle Engines Forecasted Market Size by Country
8.2.1 Latin America Off-road Vehicle Engines Sales in Volume by Country (2024-2029)
8.2.2 Latin America Off-road Vehicle Engines Sales in Value by Country (2024-2029)
9 Middle East and Africa Off-road Vehicle Engines by Country
9.1 Middle East and Africa Off-road Vehicle Engines Historic Market Size by Country
9.1.1 Middle East and Africa Off-road Vehicle Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Off-road Vehicle Engines Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Off-road Vehicle Engines Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Off-road Vehicle Engines Forecasted Market Size by Country
9.2.1 Middle East and Africa Off-road Vehicle Engines Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Off-road Vehicle Engines 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-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cummins Off-road Vehicle Engines 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-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Caterpillar Off-road Vehicle Engines 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-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Kubota Off-road Vehicle 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 Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MAN Off-road Vehicle Engines 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-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Volvo Penta Off-road Vehicle Engines Products Offered
10.5.5 Volvo Penta 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 Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.6.4 FPT Off-road Vehicle Engines Products Offered
10.6.5 FPT Recent Development
10.7 Yanmar
10.7.1 Yanmar Company Information
10.7.2 Yanmar Introduction and Business Overview
10.7.3 Yanmar Off-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Yanmar Off-road Vehicle Engines 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-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Deutz Off-road Vehicle Engines 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-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Deere Off-road Vehicle Engines Products Offered
10.9.5 Deere 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 Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Weichai Power Off-road Vehicle Engines Products Offered
10.10.5 Weichai Power Recent Development
10.11 Yunnei Power
10.11.1 Yunnei Power Company Information
10.11.2 Yunnei Power Introduction and Business Overview
10.11.3 Yunnei Power Off-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Yunnei Power Off-road Vehicle Engines Products Offered
10.11.5 Yunnei Power Recent Development
10.12 Mitsubishi
10.12.1 Mitsubishi Company Information
10.12.2 Mitsubishi Introduction and Business Overview
10.12.3 Mitsubishi Off-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Mitsubishi Off-road Vehicle Engines Products Offered
10.12.5 Mitsubishi 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 Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Isuzu Off-road Vehicle Engines Products Offered
10.13.5 Isuzu Recent Development
10.14 Lombardini
10.14.1 Lombardini Company Information
10.14.2 Lombardini Introduction and Business Overview
10.14.3 Lombardini Off-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Lombardini Off-road Vehicle Engines Products Offered
10.14.5 Lombardini Recent Development
10.15 Anhui Quanchai Group
10.15.1 Anhui Quanchai Group Company Information
10.15.2 Anhui Quanchai Group Introduction and Business Overview
10.15.3 Anhui Quanchai Group Off-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Anhui Quanchai Group Off-road Vehicle Engines Products Offered
10.15.5 Anhui Quanchai Group Recent Development
10.16 Yuchai
10.16.1 Yuchai Company Information
10.16.2 Yuchai Introduction and Business Overview
10.16.3 Yuchai Off-road Vehicle Engines Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Yuchai Off-road Vehicle Engines Products Offered
10.16.5 Yuchai Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Off-road Vehicle 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 Vehicle Engines Industrial Chain Analysis
11.4 Off-road Vehicle Engines Market Dynamics
11.4.1 Off-road Vehicle Engines Industry Trends
11.4.2 Off-road Vehicle Engines Market Drivers
11.4.3 Off-road Vehicle Engines Market Challenges
11.4.4 Off-road Vehicle Engines Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Off-road Vehicle Engines Distributors
12.3 Off-road Vehicle 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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