Product Code: AMIN23124
Off-Highway Vehicle Engine Market Introduction and Overview
According to SPER Market Research, 'Off-Highway Vehicle Engine Market Size By Power Type, By Engine Capacity, By Fuel Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Off-Highway Vehicle Engine Market is predicted to reach USD 24.17 billion by 2033 with a CAGR of 7.34%.
An off-highway vehicle engine is a specialized internal combustion engine designed to power vehicles used in off-road environments, such as construction, agriculture, mining, and recreation. These engines are built for durability, fuel efficiency, and performance, enabling them to handle harsh terrains and heavy-duty tasks. They come in various types, including diesel, gasoline, or alternative fuel-powered engines, and are tailored to withstand the demanding nature of off-road operations.
The COVID-19 epidemic had a huge influence on the market for off-highway vehicle engines. Manufacturing and sales were hampered as a result of production halts and reduced capacity as a result of social distancing measures and showroom closures. Consumer tastes changed, with a possible long-term emphasis on digitalization and automation impacting engine design.
Scope of the Report
Report Metric Details:
- Market size available for years: 2019-2033
- Base year considered: 2022
- Forecast period: 2023-2033
- Segments covered: By Power Type, By Engine Capacity, By Fuel Type
- Regions covered: Middle East and Africa, Asia-Pacific, Latin America, Europe, North America
- Companies Covered: AGCO Corporation, Caterpillar Inc., Cummins Inc., Deere & Company, Deutz AG, Hitachi Construction Machinery Co. Ltd., JC Bamford Excavators Ltd., Komatsu Ltd, Kubota Corporation, Volvo Penta, Weichai Power Co. Ltd, Yanmar Co. Ltd., Others
Off-Highway Vehicle Engine Market Key Segments Covered
- By Engine Capacity: Based on the Engine Capacity, Global Off-Highway Vehicle Engine Market is segmented as; <5l Engines, 5l-10l Engines, >10l Engines.
- By Fuel Type: Based on the Fuel Type, Global Off-Highway Vehicle Engine Market is segmented as; Gasoline, Diesel, Others.
- By Region: This research also includes data for Middle East and Africa, Asia-Pacific, Latin America, Europe, North America
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global Off-Highway Vehicle Engine Market
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Off-Highway Vehicle Engine Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Off-Highway Vehicle Engine Market
7. Global Off-Highway Vehicle Engine Market, By Power Type (USD Million)
- 7.1. Global Off-Highway Vehicle Engine Market Value Share and Forecast, By Power Type, 2023-2033
- 7.2. Agriculture Tractor Engines
- 7.3. Construction & Mining Equipment Engines
8. Global Off-Highway Vehicle Engine Market, By Engine Capacity (USD Million)
- 8.1. Global Off-Highway Vehicle Engine Market Value Share and Forecast, By Engine Capacity, 2023-2033
- 8.2. <5l Engines
- 8.3. 5l-10l Engines
- 8.4. >10l Engines
9. Global Off-Highway Vehicle Engine Market, By Fuel Type (USD Million)
- 9.1. Global Off-Highway Vehicle Engine Market Value Share and Forecast, By Fuel Type, 2023-2033
- 9.2. Diesel
- 9.3. Gasoline
- 9.4. Others
10. Global Off-Highway Vehicle Engine Market Forecast, 2019-2033 (USD Million)
- 10.1. Global Off-Highway Vehicle Engine Market Size and Market Share
11. Global Off-Highway Vehicle Engine Market, By Power Type, 2019-2033 (USD Million)
- 11.1. Global Off-Highway Vehicle Engine Market Size and Market Share By Power Type (2019-2026)
- 11.2. Global Off-Highway Vehicle Engine Market Size and Market Share By Power Type (2027-2033)
12. Global Off-Highway Vehicle Engine Market, By Engine Capacity, 2019-2033 (USD Million)
- 12.1. Global Off-Highway Vehicle Engine Market Size and Market Share By Engine Capacity (2019-2026)
- 12.2. Global Off-Highway Vehicle Engine Market Size and Market Share By Engine Capacity (2027-2033)
13. Global Off-Highway Vehicle Engine Market, By Fuel Type, 2019-2033 (USD Million)
- 13.1. Global Off-Highway Vehicle Engine Market Size and Market Share By Fuel Type (2019-2026)
- 13.2. Global Off-Highway Vehicle Engine Market Size and Market Share By Fuel Type (2027-2033)
14. Global Off-Highway Vehicle Engine Market, By Region, 2019-2033 (USD Million)
- 14.1. Global Off-Highway Vehicle Engine Market Size and Market Share By Region (2019-2026)
- 14.2. Global Off-Highway Vehicle Engine Market Size and Market Share By Region (2027-2033)
- 14.3. Asia-Pacific
- 14.3.1. Australia
- 14.3.2. China
- 14.3.3. India
- 14.3.4. Japan
- 14.3.5. South Korea
- 14.3.6. Rest of Asia-Pacific
- 14.4. Europe
- 14.4.1. France
- 14.4.2. Germany
- 14.4.3. Italy
- 14.4.4. Spain
- 14.4.5. United Kingdom
- 14.4.6. Rest of Europe
- 14.5. Middle East and Africa
- 14.5.1. Kingdom of Saudi Arabia
- 14.5.2. United Arab Emirates
- 14.5.3. Rest of Middle East & Africa
- 14.6. North America
- 14.6.1. Canada
- 14.6.2. Mexico
- 14.6.3. United States
- 14.7. Latin America
- 14.7.1. Argentina
- 14.7.2. Brazil
- 14.7.3. Rest of Latin America
15. Company Profile
- 15.1. AGCO Corporation
- 15.1.1. Company details
- 15.1.2. Financial outlook
- 15.1.3. Product summary
- 15.1.4. Recent developments
- 15.2. Caterpillar Inc.
- 15.2.1. Company details
- 15.2.2. Financial outlook
- 15.2.3. Product summary
- 15.2.4. Recent developments
- 15.3. Cummins Inc.
- 15.3.1. Company details
- 15.3.2. Financial outlook
- 15.3.3. Product summary
- 15.3.4. Recent developments
- 15.4. Deere & Company
- 15.4.1. Company details
- 15.4.2. Financial outlook
- 15.4.3. Product summary
- 15.4.4. Recent developments
- 15.5. Deutz AG
- 15.5.1. Company details
- 15.5.2. Financial outlook
- 15.5.3. Product summary
- 15.5.4. Recent developments
- 15.6. Hitachi Construction Machinery Co. Ltd.
- 15.6.1. Company details
- 15.6.2. Financial outlook
- 15.6.3. Product summary
- 15.6.4. Recent developments
- 15.7. JC Bamford Excavators Ltd.
- 15.7.1. Company details
- 15.7.2. Financial outlook
- 15.7.3. Product summary
- 15.7.4. Recent developments
- 15.8. Komatsu Ltd
- 15.8.1. Company details
- 15.8.2. Financial outlook
- 15.8.3. Product summary
- 15.8.4. Recent developments
- 15.9. Kubota Corporation
- 15.9.1. Company details
- 15.9.2. Financial outlook
- 15.9.3. Product summary
- 15.9.4. Recent developments
- 15.10. Mahindra & Mahindra Limited (Mahindra Powertrain)
- 15.10.1. Company details
- 15.10.2. Financial outlook
- 15.10.3. Product summary
- 15.10.4. Recent developments
- 15.11. Scania AB
- 15.11.1. Company details
- 15.11.2. Financial outlook
- 15.11.3. Product summary
- 15.11.4. Recent developments
- 15.12. Volkswagen AG
- 15.12.1. Company details
- 15.12.2. Financial outlook
- 15.12.3. Product summary
- 15.12.4. Recent developments
- 15.13. Volvo Penta
- 15.13.1. Company details
- 15.13.2. Financial outlook
- 15.13.3. Product summary
- 15.13.4. Recent developments
- 15.14. Weichai Power Co. Ltd
- 15.14.1. Company details
- 15.14.2. Financial outlook
- 15.14.3. Product summary
- 15.14.4. Recent developments
- 15.15. Yanmar Co. Ltd
- 15.15.1. Company details
- 15.15.2. Financial outlook
- 15.15.3. Product summary
- 15.15.4. Recent developments
- 15.16. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope