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An off-road vehicle is considered to be any type of vehicle which is capable of driving on and off paved or gravel surface. It is generally characterized by having large tires with deep, open treads, a flexible suspension, or even caterpillar tracks. Other vehicles that do not travel public streets or highways are generally termed off-highway vehicles, including tractors, forklifts, cranes, backhoes, bulldozers, and golf carts. Off Highway Vehicle Engine is the engine specifically designed for off road vehicle.
In the coming years there is an increasing demand for off-highway vehicle engine in the regions of North America and Europe that is expected to drive the market for more advanced off-highway vehicle engine. Growth in government budgets in the principal countries, increasing of construction fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on agricultural machinery, retrofitting and renovation of old technology, increasing adoption of off-highway vehicle engine will drive growth in North America and Europe markets.
Globally, the off-highway vehicle engine industry market is low concentrated as the manufacturing technology of off-highway vehicle engine is relatively matures than some high-tech equipment. And some enterprises, like Cummins, Caterpillar, MAN, etc. are well-known for the wonderful performance of their off-highway vehicle engine and related services. At the same time, North America, occupied about 27% revenue market share in 2016, is remarkable in the global off-highway vehicle engine industry because of their market share and technology status of off-highway vehicle engine.
The consumption volume of off-highway vehicle engine is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of off-highway vehicle engine industry may not keep that fast. But it is surely forecasted that the market of off-highway vehicle engine is still promising.
According to this study, over the next five years the Off Highway Vehicle Engine market will register a 2.6% CAGR in terms of revenue, the global market size will reach US$ 13500 million by 2024, from US$ 11900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Off Highway Vehicle Engine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Off Highway Vehicle Engine market by product type, application, key manufacturers and key regions and countries.
This study considers the Off Highway Vehicle Engine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Under 50 Hp
50-100 Hp
Above 100 Hp
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Construction Machinery
Agricultural Machinery
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Cummins
Caterpillar
Kubota
MAN
Volvo Penta
FPT
Yanmar
Deutz
Yuchai
Deere
Weichai Power
Yunnei Power
Mitsubishi
Isuzu
Lombardini
Quanchai
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Off Highway Vehicle Engine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Off Highway Vehicle Engine market by identifying its various subsegments.
Focuses on the key global Off Highway Vehicle Engine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Off Highway Vehicle Engine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Off Highway Vehicle Engine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Off Highway Vehicle Engine Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Off Highway Vehicle Engine Consumption 2014-2024
2.1.2 Off Highway Vehicle Engine Consumption CAGR by Region
2.2 Off Highway Vehicle Engine Segment by Type
2.2.1 Under 50 Hp
2.2.2 50-100 Hp
2.2.3 Above 100 Hp
2.3 Off Highway Vehicle Engine Consumption by Type
2.3.1 Global Off Highway Vehicle Engine Consumption Market Share by Type (2014-2019)
2.3.2 Global Off Highway Vehicle Engine Revenue and Market Share by Type (2014-2019)
2.3.3 Global Off Highway Vehicle Engine Sale Price by Type (2014-2019)
2.4 Off Highway Vehicle Engine Segment by Application
2.4.1 Construction Machinery
2.4.2 Agricultural Machinery
2.4.3 Others
2.5 Off Highway Vehicle Engine Consumption by Application
2.5.1 Global Off Highway Vehicle Engine Consumption Market Share by Application (2014-2019)
2.5.2 Global Off Highway Vehicle Engine Value and Market Share by Application (2014-2019)
2.5.3 Global Off Highway Vehicle Engine Sale Price by Application (2014-2019)
3 Global Off Highway Vehicle Engine by Players
3.1 Global Off Highway Vehicle Engine Sales Market Share by Players
3.1.1 Global Off Highway Vehicle Engine Sales by Players (2017-2019)
3.1.2 Global Off Highway Vehicle Engine Sales Market Share by Players (2017-2019)
3.2 Global Off Highway Vehicle Engine Revenue Market Share by Players
3.2.1 Global Off Highway Vehicle Engine Revenue by Players (2017-2019)
3.2.2 Global Off Highway Vehicle Engine Revenue Market Share by Players (2017-2019)
3.3 Global Off Highway Vehicle Engine Sale Price by Players
3.4 Global Off Highway Vehicle Engine Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Off Highway Vehicle Engine Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Off Highway Vehicle Engine Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Off Highway Vehicle Engine by Regions
4.1 Off Highway Vehicle Engine by Regions
4.1.1 Global Off Highway Vehicle Engine Consumption by Regions
4.1.2 Global Off Highway Vehicle Engine Value by Regions
4.2 Americas Off Highway Vehicle Engine Consumption Growth
4.3 APAC Off Highway Vehicle Engine Consumption Growth
4.4 Europe Off Highway Vehicle Engine Consumption Growth
4.5 Middle East & Africa Off Highway Vehicle Engine Consumption Growth
5 Americas
5.1 Americas Off Highway Vehicle Engine Consumption by Countries
5.1.1 Americas Off Highway Vehicle Engine Consumption by Countries (2014-2019)
5.1.2 Americas Off Highway Vehicle Engine Value by Countries (2014-2019)
5.2 Americas Off Highway Vehicle Engine Consumption by Type
5.3 Americas Off Highway Vehicle Engine Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Off Highway Vehicle Engine Consumption by Countries
6.1.1 APAC Off Highway Vehicle Engine Consumption by Countries (2014-2019)
6.1.2 APAC Off Highway Vehicle Engine Value by Countries (2014-2019)
6.2 APAC Off Highway Vehicle Engine Consumption by Type
6.3 APAC Off Highway Vehicle Engine Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Off Highway Vehicle Engine by Countries
7.1.1 Europe Off Highway Vehicle Engine Consumption by Countries (2014-2019)
7.1.2 Europe Off Highway Vehicle Engine Value by Countries (2014-2019)
7.2 Europe Off Highway Vehicle Engine Consumption by Type
7.3 Europe Off Highway Vehicle Engine Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Off Highway Vehicle Engine by Countries
8.1.1 Middle East & Africa Off Highway Vehicle Engine Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Off Highway Vehicle Engine Value by Countries (2014-2019)
8.2 Middle East & Africa Off Highway Vehicle Engine Consumption by Type
8.3 Middle East & Africa Off Highway Vehicle Engine Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Off Highway Vehicle Engine Distributors
10.3 Off Highway Vehicle Engine Customer
11 Global Off Highway Vehicle Engine Market Forecast
11.1 Global Off Highway Vehicle Engine Consumption Forecast (2019-2024)
11.2 Global Off Highway Vehicle Engine Forecast by Regions
11.2.1 Global Off Highway Vehicle Engine Forecast by Regions (2019-2024)
11.2.2 Global Off Highway Vehicle Engine Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Off Highway Vehicle Engine Forecast by Type
11.8 Global Off Highway Vehicle Engine Forecast by Application
12 Key Players Analysis
12.1 Cummins
12.1.1 Company Details
12.1.2 Off Highway Vehicle Engine Product Offered
12.1.3 Cummins Off Highway Vehicle Engine Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Cummins News
12.2 Caterpillar
12.2.1 Company Details
12.2.2 Off Highway Vehicle Engine Product Offered
12.2.3 Caterpillar Off Highway Vehicle Engine Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Caterpillar News
12.3 Kubota
12.3.1 Company Details
12.3.2 Off Highway Vehicle Engine Product Offered
12.3.3 Kubota Off Highway Vehicle Engine Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Kubota News
12.4 MAN
12.4.1 Company Details
12.4.2 Off Highway Vehicle Engine Product Offered
12.4.3 MAN Off Highway Vehicle Engine Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 MAN News
12.5 Volvo Penta
12.5.1 Company Details
12.5.2 Off Highway Vehicle Engine Product Offered
12.5.3 Volvo Penta Off Highway Vehicle Engine Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Volvo Penta News
12.6 FPT
12.6.1 Company Details
12.6.2 Off Highway Vehicle Engine Product Offered
12.6.3 FPT Off Highway Vehicle Engine Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 FPT News
12.7 Yanmar
12.7.1 Company Details
12.7.2 Off Highway Vehicle Engine Product Offered
12.7.3 Yanmar Off Highway Vehicle Engine Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Yanmar News
12.8 Deutz
12.8.1 Company Details
12.8.2 Off Highway Vehicle Engine Product Offered
12.8.3 Deutz Off Highway Vehicle Engine Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Deutz News
12.9 Yuchai
12.9.1 Company Details
12.9.2 Off Highway Vehicle Engine Product Offered
12.9.3 Yuchai Off Highway Vehicle Engine Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Yuchai News
12.10 Deere
12.10.1 Company Details
12.10.2 Off Highway Vehicle Engine Product Offered
12.10.3 Deere Off Highway Vehicle Engine Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Deere News
12.11 Weichai Power
12.12 Yunnei Power
12.13 Mitsubishi
12.14 Isuzu
12.15 Lombardini
12.16 Quanchai
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Off Highway Vehicle Engine
Table Product Specifications of Off Highway Vehicle Engine
Figure Off Highway Vehicle Engine Report Years Considere
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