대형 엔진 시장, 기회, 성장 촉진요인, 산업 동향 분석과 예측(2024-2032년)

The Global Heavy-Duty Engine Market was valued at USD 53.5 billion in 2023 and is projected to grow at a CAGR of 6.6% from 2024-2032. Infrastructure development plays a pivotal role in the global heavy-duty engine market, driving the demand for robust engines across the construction, transportation, and energy sectors. As nations invest in highways, bridges, railways, airports, and urban development, the demand for heavy-duty machinery and vehicles with potent engines surges. These engines power essential equipment, including excavators, bulldozers, cranes, and heavy trucks, vital for large-scale projects. Rapid urbanization and industrialization in emerging economies are propelling infrastructure development, subsequently boosting the demand for heavy-duty engines.

The overall heavy duty engine industry is classified based on class, distribution channel, horsepower, application, and region.

Market segmentation by class identifies Class 7 and Class 8 as key categories. Dominating the market, the Class 8 segment accounted for approximately USD 45 billion in 2023 and shows promising growth prospects. The Class 8 segment encompasses the largest, most powerful trucks, primarily utilized for long-haul freight, construction, and demanding tasks. These trucks require engines that deliver high power, torque, and durability for transporting heavy loads over extended distances. Additionally, the Class 8 market is increasingly exploring alternative power sources, such as natural gas and electric engines, as companies strive to minimize their environmental footprint and adhere to emerging regulations.

The global heavy-duty engine market's distribution channels are categorized into direct and indirect segments. The indirect segment, commanding approximately 74.6% of the total market share, is projected to grow at a CAGR of 6.5% during the forecast period. This indirect channel, encompassing distributors, dealers, and wholesalers, serves as a vital link between manufacturers and end use rs. Their role ensures broad market coverage, localized customer service, and essential after-sales support, especially in a domain where technical expertise and maintenance are paramount.

In 2023, the Asia-Pacific region accounted for a market valuation of around USD 30 billion, with projections to reach USD 53.5 billion by 2032. Countries like China, India, Japan, and those in Southeast Asia are witnessing a surge in their heavy-duty engine market, fueled by rapid industrialization, urbanization, and infrastructure initiatives. The region's booming construction, mining, and transportation sectors are driving the demand for engines that are not only high-performing and durable but also capable of handling demanding workloads. In response, manufacturers in the Asia-Pacific are honing in on producing engines that emphasize enhanced efficiency, reliability, and adherence to evolving emission standards.

Table of Contents

Chapter 1 Methodology and Scope

• 1.1 Market scope and definitions
• 1.2 Base estimates and calculations
• 1.3 Forecast calculations
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis, 2021-2032

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Factor affecting the value chain
  • 3.1.2 Profit margin analysis
  • 3.1.3 Disruptions
  • 3.1.4 Future outlook
  • 3.1.5 Manufacturers
  • 3.1.6 Distributors
• 3.2 Supplier landscape
• 3.3 Profit margin analysis
• 3.4 Technological overview
• 3.5 Key news and initiatives
• 3.6 Regulatory landscape
• 3.7 Impact forces
  • 3.7.1 Growth drivers
    • 3.7.1.1 Technological advancement
    • 3.7.1.2 Infrastructure development
    • 3.7.1.3 Regulatory incentives
  • 3.7.2 Industry pitfalls and challenges
    • 3.7.2.1 Stringent emission regulation
    • 3.7.2.2 Volatile raw material prices
• 3.8 Growth potential analysis
• 3.9 Porter's analysis
• 3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Global Heavy Duty Engine Market Estimates and Forecast, By Class, 2021-2032 (USD Billion)

• 5.1 Key trends
• 5.2 Class 7
• 5.3 Class 8

Chapter 6 Global Heavy Duty Engine Market Estimates and Forecast, By Horsepower, 2021-2032 (USD Billion)

• 6.1 Key trends
• 6.2 Below 400
• 6.3 400-500
• 6.4 500-600
• 6.5 Above 600

Chapter 7 Global Heavy Duty Engine Market Estimates and Forecast, By Application, 2021-2032 (USD Billion)

• 7.1 Key trends
• 7.2 Agriculture
• 7.3 Logistics
• 7.4 Construction
• 7.5 Mining
• 7.6 Others

Chapter 8 Global Heavy Duty Engine Market Estimates and Forecast, By Distribution Channel, 2021-2032 (USD Billion)

• 8.1 Key trends
• 8.2 Direct
• 8.3 Indirect

Chapter 9 Global Heavy Duty Engine Market Estimates and Forecast, By Region, 2021-2032 (USD Billion)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 UK
  • 9.3.2 Germany
  • 9.3.3 France
  • 9.3.4 Italy
  • 9.3.5 Spain
  • 9.3.6 Russia
  • 9.3.7 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 India
  • 9.4.3 Japan
  • 9.4.4 South Korea
  • 9.4.5 Australia
  • 9.4.6 Rest of Asia Pacific
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Mexico
  • 9.5.3 Rest of Latin America
• 9.6 MEA
  • 9.6.1 South Africa
  • 9.6.2 Saudi Arabia
  • 9.6.3 UAE
  • 9.6.4 Rest of MEA

Chapter 10 Company Profiles

• 10.1 Caterpillar
• 10.2 Cummins
• 10.3 Daimler AG
• 10.4 Detroit Diesel
• 10.5 Deutz AG
• 10.6 HYDI
• 10.7 Isuzu Motors Limited
• 10.8 Kubota Corporation
• 10.9 Mack
• 10.10 Navistar
• 10.11 PACCAR
• 10.12 Rolls-Royce Power Systems AG
• 10.13 Volvo Group
• 10.14 Weichai Power Co., Ltd.
• 10.15 Yanmar Holdings Co., Ltd.