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Off-Highway Vehicle Engine Market Size- By Power Type, By Engine Capacity, By Fuel Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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  • Caterpillar Inc.
  • Cummins Inc.
  • Deere & Company
  • Deutz AG
  • Hitachi Construction Machinery Co. Ltd.
  • JC Bamford Excavators Ltd.
  • Komatsu Ltd
  • Kubota Corporation
  • Mahindra & Mahindra Limited(Mahindra Powertrain)
  • Scania AB
  • Volkswagen AG
  • Volvo Penta
  • Weichai Power Co. Ltd
  • Yanmar Co. Ltd
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KSA 23.09.07

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

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