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Off-highway Vehicle Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

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    • Mahindra &Mahindra Limited(Mahindra Powertrain)
LSH 23.11.14

Off-highway Vehicle Market - Scope of Report

TMR's report on the global off-highway vehicle market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global off-highway vehicle market for the period 2017-2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global off-highway vehicle market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the off-highway vehicle market.

Market Snapshot
Market Value in 2023US$ 826.7 Bn
Market Value in 2031US$ 1297.2 Bn
CAGR5.11%

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global off-highway vehicle market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global off-highway vehicle market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global off-highway vehicle market.

The report delves into the competitive landscape of the global off-highway vehicle market. Key players operating in the global off-highway vehicle market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global off-highway vehicle market profiled in this report.

Key Questions Answered in Global off-highway vehicle Market Report:

  • What is the sales/revenue generated by off-highway vehicle across all regions during the forecast period?
  • What are the opportunities in the global off-highway vehicle market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Off-highway Vehicle Market - Research Objectives and Research Approach

The comprehensive report on the global off-highway vehicle market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global off-highway vehicle market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global off-highway vehicle market.

Table of Contents

1. Executive Summary

  • 1.1. Market Outlook
    • 1.1.1. Market Value US$ Mn, 2017-2031
  • 1.2. Demand & Supply Side Trends
  • 1.3. TMR Analysis and Recommendations
    • 1.3.1. Investment Opportunities and Recommendations
  • 1.4. Competitive Dashboard Analysis

2. Market Overview

  • 2.1. Market Coverage / Taxonomy
  • 2.2. Market Dynamics
    • 2.2.1. Drivers
    • 2.2.2. Restraints
    • 2.2.3. Opportunity
  • 2.3. Market Factor Analysis
    • 2.3.1. Porter's Five Force Analysis
    • 2.3.2. SWOT Analysis
  • 2.4. Regulatory Scenario
  • 2.5. Key Trend Analysis
  • 2.6. Technology Milestones
  • 2.7. Technical Standards by key players
    • 2.7.1. Regional

3. Electrification Strategies by key OEMs

  • 3.1. Growth Strategy Adopted
  • 3.2. Tie-up with technology/ tier-1 suppliers
  • 3.3. Service Providers for OEMs

4. Who Supplies Whom

  • 4.1. List of Propulsion Suppliers
    • 4.1.1. OEM customers of components
    • 4.1.2. Electric Propulsion System Propulsion Suppliers

5. Key Player Analysis

  • 5.1. Heat map of Key Players
  • 5.2. Strategic Overview by Key Players
  • 5.3. R&D Expenditure by OEMs for electric vehicles
  • 5.4. Top models by key OEMs for Commercial & off-highway vehicles
  • 5.5. Testing Partners - component level, system level, vehicle level

6. Industry Ecosystem Analysis

  • 6.1. Value Chain Analysis
    • 6.1.1. Propulsion Manufacturer
    • 6.1.2. Tier 1 Players
    • 6.1.3. 0.5 Tier Players/ Technology Providers
  • 6.2. Vendor Matrix
  • 6.3. Gross Margin Analysis

7. Pricing Analysis

  • 7.1. Cost Structure Analysis
  • 7.2. Profit Margin Analysis

8. Impact Analysis - Off-Highway Vehicle Market

  • 8.1. Smart City Development Projects
  • 8.2. Road & Infrastructure Development
  • 8.3. Urbanization & Demand for Construction & Mining
  • 8.4. Global Increase in Population Outlook

9. COVID-19 Impact Analysis - Off-Highway Vehicle Market

10. Off-Highway Vehicle Market - Production Statistics

11. Off-Highway Vehicle Market - Primary Insights

12. Global Off-highway Vehicle Market, By Vehicle Type

  • 12.1. Market Snapshot
    • 12.1.1. Introduction, Definition, and Key Findings
    • 12.1.2. Market Growth & Y-o-Y Projections
    • 12.1.3. Base Point Share Analysis
  • 12.2. Global Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
    • 12.2.1. Construction & Mining Equipment
      • 12.2.1.1. Excavators
      • 12.2.1.2. Backhoe loaders
      • 12.2.1.3. Skid steer loaders
      • 12.2.1.4. Dumpers
      • 12.2.1.5. Bulldozers
      • 12.2.1.6. Motor graders
      • 12.2.1.7. Road rollers
      • 12.2.1.8. Pavers
      • 12.2.1.9. Cold planers
      • 12.2.1.10. Drilling equipment
      • 12.2.1.11. Piling equipment
      • 12.2.1.12. Tunnel boring machines and equipment
      • 12.2.1.13. Demolition equipment
      • 12.2.1.14. Mixer trucks
      • 12.2.1.15. Formwork equipment
      • 12.2.1.16. Scaffolding equipment
      • 12.2.1.17. Dump trucks
      • 12.2.1.18. Underground mining equipment
      • 12.2.1.19. Forestry Equipment
      • 12.2.1.20. Trailers
      • 12.2.1.21. Other construction & mining equipment material
    • 12.2.2. Agriculture
      • 12.2.2.1. Agriculture Equipment
      • 12.2.2.2. Tractor
    • 12.2.3. Material Handling Vehicles
    • 12.2.4. Military Vehicles

13. Global Off-highway Vehicle Market, By Propulsion

  • 13.1. Market Snapshot
    • 13.1.1. Introduction, Definition, and Key Findings
    • 13.1.2. Market Growth & Y-o-Y Projections
    • 13.1.3. Base Point Share Analysis
  • 13.2. Global Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
    • 13.2.1. IC-Engine
      • 13.2.1.1. Gasoline
      • 13.2.1.2. Diesel
    • 13.2.2. Electric
      • 13.2.2.1. Battery Electric Vehicle
      • 13.2.2.2. Hybrid Electric Vehicle

14. Global Off-highway Vehicle Market, By Engine Capacity

  • 14.1. Market Snapshot
    • 14.1.1. Introduction, Definition, and Key Findings
    • 14.1.2. Market Growth & Y-o-Y Projections
    • 14.1.3. Base Point Share Analysis
  • 14.2. Global Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
    • 14.2.1. Less than 5L
    • 14.2.2. 5L to 10L
    • 14.2.3. More than 10L

15. Global Off-highway Vehicle Market, By Power Output

  • 15.1. Market Snapshot
    • 15.1.1. Introduction, Definition, and Key Findings
    • 15.1.2. Market Growth & Y-o-Y Projections
    • 15.1.3. Base Point Share Analysis
  • 15.2. Global Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
    • 15.2.1. Agricultural Equipment
      • 15.2.1.1. Up to 25 KW
      • 15.2.1.2. 26 KW - 50 KW
      • 15.2.1.3. 51 KW -75 KW
      • 15.2.1.4. More than 76 KW
    • 15.2.2. Construction & Mining Equipment
      • 15.2.2.1. Up to 75 KW
      • 15.2.2.2. 76 KW - 150 KW
      • 15.2.2.3. 151 KW - 300 KW
      • 15.2.2.4. 301 KW - 400 KW
      • 15.2.2.5. More than 400 KW
    • 15.2.3. Others

16. Global Off-highway Vehicle Market, By Country/Region

  • 16.1. Market Snapshot
    • 16.1.1. Introduction, Definition, and Key Findings
    • 16.1.2. Market Growth & Y-o-Y Projections
    • 16.1.3. Base Point Share Analysis
  • 16.2. Global Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Country
    • 16.2.1. North America
    • 16.2.2. Western Europe
    • 16.2.3. Eastern Europe
    • 16.2.4. China
    • 16.2.5. Asia Pacific (except China)
    • 16.2.6. Middle East & Africa
    • 16.2.7. Latin America

17. North America Off-highway Vehicle Market

  • 17.1. Market Snapshot
  • 17.2. North America COVID-19 Impact Analysis & Government Countermeasures
  • 17.3. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
    • 17.3.1. Construction & Mining Equipment
      • 17.3.1.1. Excavators
      • 17.3.1.2. Backhoe loaders
      • 17.3.1.3. Skid steer loaders
      • 17.3.1.4. Dumpers
      • 17.3.1.5. Bulldozers
      • 17.3.1.6. Motor graders
      • 17.3.1.7. Road rollers
      • 17.3.1.8. Pavers
      • 17.3.1.9. Cold planers
      • 17.3.1.10. Drilling equipment
      • 17.3.1.11. Piling equipment
      • 17.3.1.12. Tunnel boring machines and equipment
      • 17.3.1.13. Demolition equipment
      • 17.3.1.14. Mixer trucks
      • 17.3.1.15. Formwork equipment
      • 17.3.1.16. Scaffolding equipment
      • 17.3.1.17. Dump trucks
      • 17.3.1.18. Underground mining equipment
      • 17.3.1.19. Forestry Equipment
      • 17.3.1.20. Trailers
      • 17.3.1.21. Other construction & mining equipment material
    • 17.3.2. Agriculture
      • 17.3.2.1. Agriculture Equipment
      • 17.3.2.2. Tractor
    • 17.3.3. Material Handling Vehicles
    • 17.3.4. Military Vehicles
  • 17.4. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
    • 17.4.1. IC-Engine
      • 17.4.1.1. Gasoline
      • 17.4.1.2. Diesel
    • 17.4.2. Electric
      • 17.4.2.1. Battery Electric Vehicle
      • 17.4.2.2. Hybrid Electric Vehicle
  • 17.5. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
    • 17.5.1. Less than 5L
    • 17.5.2. 5L to 10L
    • 17.5.3. More than 10L
  • 17.6. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
    • 17.6.1. Agricultural Equipment
      • 17.6.1.1. Up to 25 KW
      • 17.6.1.2. 26 KW -50 KW
      • 17.6.1.3. 51 KW - 75 KW
      • 17.6.1.4. More than 76 KW
    • 17.6.2. Construction & Mining Equipment
      • 17.6.2.1. Up to 75 KW
      • 17.6.2.2. 76 KW - 150 KW
      • 17.6.2.3. 151 KW - 300 KW
      • 17.6.2.4. 301 KW - 400 KW
      • 17.6.2.5. More than 400 KW
    • 17.6.3. Others
  • 17.7. Key Country Analysis - North America Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
    • 17.7.1. U.S.
    • 17.7.2. Canada

18. Western Europe Off-highway Vehicle Market

  • 18.1. Market Snapshot
  • 18.2. Europe COVID-19 Impact Analysis & Government Countermeasures
  • 18.3. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
    • 18.3.1. Construction & Mining Equipment
      • 18.3.1.1. Excavators
      • 18.3.1.2. Backhoe loaders
      • 18.3.1.3. Skid steer loaders
      • 18.3.1.4. Dumpers
      • 18.3.1.5. Bulldozers
      • 18.3.1.6. Motor graders
      • 18.3.1.7. Road rollers
      • 18.3.1.8. Pavers
      • 18.3.1.9. Cold planers
      • 18.3.1.10. Drilling equipment
      • 18.3.1.11. Piling equipment
      • 18.3.1.12. Tunnel boring machines and equipment
      • 18.3.1.13. Demolition equipment
      • 18.3.1.14. Mixer trucks
      • 18.3.1.15. Formwork equipment
      • 18.3.1.16. Scaffolding equipment
      • 18.3.1.17. Dump trucks
      • 18.3.1.18. Underground mining equipment
      • 18.3.1.19. Forestry Equipment
      • 18.3.1.20. Trailers
      • 18.3.1.21. Other construction & mining equipment material
    • 18.3.2. Agriculture
      • 18.3.2.1. Agriculture Equipment
      • 18.3.2.2. Tractor
    • 18.3.3. Material Handling Vehicles
    • 18.3.4. Military Vehicles
  • 18.4. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
    • 18.4.1. IC-Engine
      • 18.4.1.1. Gasoline
      • 18.4.1.2. Diesel
    • 18.4.2. Electric
      • 18.4.2.1. Battery Electric Vehicle
      • 18.4.2.2. Hybrid Electric Vehicle
  • 18.5. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
    • 18.5.1. Less than 5L
    • 18.5.2. 5L to 10L
    • 18.5.3. More than 10L
  • 18.6. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
    • 18.6.1. Agricultural Equipment
      • 18.6.1.1. Up to 25 KW
      • 18.6.1.2. 26 KW -50 KW
      • 18.6.1.3. 51 KW -75 KW
      • 18.6.1.4. More than 76 KW
    • 18.6.2. Construction & Mining Equipment
      • 18.6.2.1. Up to 75 KW
      • 18.6.2.2. 76 KW -150 KW
      • 18.6.2.3. 151 KW - 300 KW
      • 18.6.2.4. 301 KW - 400 KW
      • 18.6.2.5. More than 400 KW
    • 18.6.3. Others
  • 18.7. Key Country Analysis - Western Europe Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
    • 18.7.1. Germany
    • 18.7.2. U.K.
    • 18.7.3. France
    • 18.7.4. Italy
    • 18.7.5. Spain
    • 18.7.6. Nordic Countries
    • 18.7.7. Rest of Europe

19. Eastern Europe Off-highway Vehicle Market

  • 19.1. Market Snapshot
  • 19.2. Europe COVID-19 Impact Analysis & Government Countermeasures
  • 19.3. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
    • 19.3.1. Construction & Mining Equipment
      • 19.3.1.1. Excavators
      • 19.3.1.2. Backhoe loaders
      • 19.3.1.3. Skid steer loaders
      • 19.3.1.4. Dumpers
      • 19.3.1.5. Bulldozers
      • 19.3.1.6. Motor graders
      • 19.3.1.7. Road rollers
      • 19.3.1.8. Pavers
      • 19.3.1.9. Cold planers
      • 19.3.1.10. Drilling equipment
      • 19.3.1.11. Piling equipment
      • 19.3.1.12. Tunnel boring machines and equipment
      • 19.3.1.13. Demolition equipment
      • 19.3.1.14. Mixer trucks
      • 19.3.1.15. Formwork equipment
      • 19.3.1.16. Scaffolding equipment
      • 19.3.1.17. Dump trucks
      • 19.3.1.18. Underground mining equipment
      • 19.3.1.19. Forestry Equipment
      • 19.3.1.20. Trailers
      • 19.3.1.21. Other construction & mining equipment material
    • 19.3.2. Agriculture
      • 19.3.2.1. Agriculture Equipment
      • 19.3.2.2. Tractor
    • 19.3.3. Material Handling Vehicles
    • 19.3.4. Military Vehicles
  • 19.4. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
    • 19.4.1. IC-Engine
      • 19.4.1.1. Gasoline
      • 19.4.1.2. Diesel
    • 19.4.2. Electric
      • 19.4.2.1. Battery Electric Vehicle
      • 19.4.2.2. Hybrid Electric Vehicle
  • 19.5. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
    • 19.5.1. Less than 5L
    • 19.5.2. 5L to 10L
    • 19.5.3. More than 10L
  • 19.6. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
    • 19.6.1. Agricultural Equipment
      • 19.6.1.1. Up to 25 KW
      • 19.6.1.2. 26 KW - 50 KW
      • 19.6.1.3. 51 KW - 75 KW
      • 19.6.1.4. More than 76 KW
    • 19.6.2. Construction & Mining Equipment
      • 19.6.2.1. Up to 75 KW
      • 19.6.2.2. 76 KW - 150 KW
      • 19.6.2.3. 151 KW - 300 KW
      • 19.6.2.4. 301 KW - 400 KW
      • 19.6.2.5. More than 400 KW
    • 19.6.3. Others
  • 19.7. Key Country Analysis - Eastern Europe Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
    • 19.7.1. Russia
    • 19.7.2. Turkey
    • 19.7.3. Poland
    • 19.7.4. Rest of Eastern Europe

20. China Off-highway Vehicle Market

  • 20.1. Market Snapshot
  • 20.2. Asia Pacific COVID-19 Impact Analysis & Government Countermeasures
  • 20.3. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
    • 20.3.1. Construction & Mining Equipment
      • 20.3.1.1. Excavators
      • 20.3.1.2. Backhoe loaders
      • 20.3.1.3. Skid steer loaders
      • 20.3.1.4. Dumpers
      • 20.3.1.5. Bulldozers
      • 20.3.1.6. Motor graders
      • 20.3.1.7. Road rollers
      • 20.3.1.8. Pavers
      • 20.3.1.9. Cold planers
      • 20.3.1.10. Drilling equipment
      • 20.3.1.11. Piling equipment
      • 20.3.1.12. Tunnel boring machines and equipment
      • 20.3.1.13. Demolition equipment
      • 20.3.1.14. Mixer trucks
      • 20.3.1.15. Formwork equipment
      • 20.3.1.16. Scaffolding equipment
      • 20.3.1.17. Dump trucks
      • 20.3.1.18. Underground mining equipment
      • 20.3.1.19. Forestry Equipment
      • 20.3.1.20. Trailers
      • 20.3.1.21. Other construction & mining equipment material
    • 20.3.2. Agriculture
      • 20.3.2.1. Agriculture Equipment
      • 20.3.2.2. Tractor
    • 20.3.3. Material Handling Vehicles
    • 20.3.4. Military Vehicles
  • 20.4. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
    • 20.4.1. IC-Engine
      • 20.4.1.1. Gasoline
      • 20.4.1.2. Diesel
    • 20.4.2. Electric
      • 20.4.2.1. Battery Electric Vehicle
      • 20.4.2.2. Hybrid Electric Vehicle
  • 20.5. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
    • 20.5.1. Less than 5L
    • 20.5.2. 5L to 10L
    • 20.5.3. More than 10L
  • 20.6. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
    • 20.6.1. Agricultural Equipment
      • 20.6.1.1. Up to 25 KW
      • 20.6.1.2. 26 KW - 50 KW
      • 20.6.1.3. 51 KW - 75 KW
      • 20.6.1.4. More than 76 KW
    • 20.6.2. Construction & Mining Equipment
      • 20.6.2.1. Up to 75 KW
      • 20.6.2.2. 76 KW - 150 KW
      • 20.6.2.3. 151 KW - 300 KW
      • 20.6.2.4. 301 KW - 400 KW
      • 20.6.2.5. More than 400 KW
    • 20.6.3. Others

21. Asia Pacific (Except China) Off-highway Vehicle Market

  • 21.1. Market Snapshot
  • 21.2. Europe COVID-19 Impact Analysis & Government Countermeasures
  • 21.3. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
    • 21.3.1. Construction & Mining Equipment
      • 21.3.1.1. Excavators
      • 21.3.1.2. Backhoe loaders
      • 21.3.1.3. Skid steer loaders
      • 21.3.1.4. Dumpers
      • 21.3.1.5. Bulldozers
      • 21.3.1.6. Motor graders
      • 21.3.1.7. Road rollers
      • 21.3.1.8. Pavers
      • 21.3.1.9. Cold planers
      • 21.3.1.10. Drilling equipment
      • 21.3.1.11. Piling equipment
      • 21.3.1.12. Tunnel boring machines and equipment
      • 21.3.1.13. Demolition equipment
      • 21.3.1.14. Mixer trucks
      • 21.3.1.15. Formwork equipment
      • 21.3.1.16. Scaffolding equipment
      • 21.3.1.17. Dump trucks
      • 21.3.1.18. Underground mining equipment
      • 21.3.1.19. Forestry Equipment
      • 21.3.1.20. Trailers
      • 21.3.1.21. Other construction & mining equipment material
    • 21.3.2. Agriculture
      • 21.3.2.1. Agriculture Equipment
      • 21.3.2.2. Tractor
    • 21.3.3. Material Handling Vehicles
    • 21.3.4. Military Vehicles
  • 21.4. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
    • 21.4.1. IC-Engine
      • 21.4.1.1. Gasoline
      • 21.4.1.2. Diesel
    • 21.4.2. Electric
      • 21.4.2.1. Battery Electric Vehicle
      • 21.4.2.2. Hybrid Electric Vehicle
  • 21.5. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
    • 21.5.1. Less than 5L
    • 21.5.2. 5L to 10L
    • 21.5.3. More than 10L
  • 21.6. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
    • 21.6.1. Agricultural Equipment
      • 21.6.1.1. Up to 25 KW
      • 21.6.1.2. 26 KW - 50 KW
      • 21.6.1.3. 51 KW - 75 KW
      • 21.6.1.4. More than 76 KW
    • 21.6.2. Construction & Mining Equipment
      • 21.6.2.1. Up to 75 KW
      • 21.6.2.2. 76 KW - 150 KW
      • 21.6.2.3. 151 KW - 300 KW
      • 21.6.2.4. 301 KW - 400 KW
      • 21.6.2.5. More than 400 KW
    • 21.6.3. Others
  • 21.7. Key Country Analysis - Asia Pacific Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
    • 21.7.1. India
    • 21.7.2. Japan
    • 21.7.3. ASEAN Countries
    • 21.7.4. ANZ
    • 21.7.5. South Korea
    • 21.7.6. Rest of Asia Pacific

22. Middle East & Africa Off-highway Vehicle Market

  • 22.1. Market Snapshot
  • 22.2. Europe COVID-19 Impact Analysis & Government Countermeasures
  • 22.3. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
    • 22.3.1. Construction & Mining Equipment
      • 22.3.1.1. Excavators
      • 22.3.1.2. Backhoe loaders
      • 22.3.1.3. Skid steer loaders
      • 22.3.1.4. Dumpers
      • 22.3.1.5. Bulldozers
      • 22.3.1.6. Motor graders
      • 22.3.1.7. Road rollers
      • 22.3.1.8. Pavers
      • 22.3.1.9. Cold planers
      • 22.3.1.10. Drilling equipment
      • 22.3.1.11. Piling equipment
      • 22.3.1.12. Tunnel boring machines and equipment
      • 22.3.1.13. Demolition equipment
      • 22.3.1.14. Mixer trucks
      • 22.3.1.15. Formwork equipment
      • 22.3.1.16. Scaffolding equipment
      • 22.3.1.17. Dump trucks
      • 22.3.1.18. Underground mining equipment
      • 22.3.1.19. Forestry Equipment
      • 22.3.1.20. Trailers
      • 22.3.1.21. Other construction & mining equipment material
    • 22.3.2. Agriculture
      • 22.3.2.1. Agriculture Equipment
      • 22.3.2.2. Tractor
    • 22.3.3. Material Handling Vehicles
    • 22.3.4. Military Vehicles
  • 22.4. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
    • 22.4.1. IC-Engine
      • 22.4.1.1. Gasoline
      • 22.4.1.2. Diesel
    • 22.4.2. Electric
      • 22.4.2.1. Battery Electric Vehicle
      • 22.4.2.2. Hybrid Electric Vehicle
  • 22.5. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
    • 22.5.1. Less than 5L
    • 22.5.2. 5L to 10L
    • 22.5.3. More than 10L
  • 22.6. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
    • 22.6.1. Agricultural Equipment
      • 22.6.1.1. Up to 25 KW
      • 22.6.1.2. 26 KW - 50 KW
      • 22.6.1.3. 51 KW - 75 KW
      • 22.6.1.4. More than 76 KW
    • 22.6.2. Construction & Mining Equipment
      • 22.6.2.1. Up to 75 KW
      • 22.6.2.2. 76 KW - 150 KW
      • 22.6.2.3. 151 KW - 300 KW
      • 22.6.2.4. 301 KW - 400 KW
      • 22.6.2.5. More than 400 KW
    • 22.6.3. Others
  • 22.7. Key Country Analysis - Middle East & Africa Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
    • 22.7.1. GCC
    • 22.7.2. Egypt
    • 22.7.3. Nigeria
    • 22.7.4. South Africa
    • 22.7.5. Rest of Middle East & Africa

23. Latin America Off-highway Vehicle Market

  • 23.1. Market Snapshot
  • 23.2. Europe COVID-19 Impact Analysis & Government Countermeasures
  • 23.3. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
    • 23.3.1. Construction & Mining Equipment
      • 23.3.1.1. Excavators
      • 23.3.1.2. Backhoe loaders
      • 23.3.1.3. Skid steer loaders
      • 23.3.1.4. Dumpers
      • 23.3.1.5. Bulldozers
      • 23.3.1.6. Motor graders
      • 23.3.1.7. Road rollers
      • 23.3.1.8. Pavers
      • 23.3.1.9. Cold planers
      • 23.3.1.10. Drilling equipment
      • 23.3.1.11. Piling equipment
      • 23.3.1.12. Tunnel boring machines and equipment
      • 23.3.1.13. Demolition equipment
      • 23.3.1.14. Mixer trucks
      • 23.3.1.15. Formwork equipment
      • 23.3.1.16. Scaffolding equipment
      • 23.3.1.17. Dump trucks
      • 23.3.1.18. Underground mining equipment
      • 23.3.1.19. Forestry Equipment
      • 23.3.1.20. Trailers
      • 23.3.1.21. Other construction & mining equipment material
    • 23.3.2. Agriculture
      • 23.3.2.1. Agriculture Equipment
      • 23.3.2.2. Tractor
    • 23.3.3. Material Handling Vehicles
    • 23.3.4. Military Vehicles
  • 23.4. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
    • 23.4.1. IC-Engine
      • 23.4.1.1. Gasoline
      • 23.4.1.2. Diesel
    • 23.4.2. Electric
      • 23.4.2.1. Battery Electric Vehicle
      • 23.4.2.2. Hybrid Electric Vehicle
  • 23.5. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
    • 23.5.1. Less than 5L
    • 23.5.2. 5L to 10L
    • 23.5.3. More than 10L
  • 23.6. Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
    • 23.6.1. Agricultural Equipment
      • 23.6.1.1. Up to 25 KW
      • 23.6.1.2. 26 KW - 50 KW
      • 23.6.1.3. 51 KW - 75 KW
      • 23.6.1.4. More than 76 KW
    • 23.6.2. Construction & Mining Equipment
      • 23.6.2.1. Up to 75 KW
      • 23.6.2.2. 76 KW - 150 KW
      • 23.6.2.3. 151 KW - 300 KW
      • 23.6.2.4. 301 KW - 400 KW
      • 23.6.2.5. More than 400 KW
    • 23.6.3. Others
  • 23.7. Key Country Analysis - Latin America Off-highway Vehicle Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
    • 23.7.1. Brazil
    • 23.7.2. Mexico
    • 23.7.3. Rest of Latin America

24. Competitive Landscape

  • 24.1. Company Share Analysis/ Brand Share Analysis, 2022
  • 24.2. Key Strategy Analysis
    • 24.2.1. Strategic Overview - Expansion, M&A, Partnership
  • 24.3. Pricing Trend/ Comparison Analysis for Key Players
    • 24.3.1. By Propulsion
    • 24.3.2. By Engine Capacity
    • 24.3.3. By Power Output
  • 24.4. Company Analysis for each player (Company Overview, Company Footprints, Production Locations, Product Portfolio, Competitors & Customers, Subsidiaries & Parent Organization, Recent Developments, Financial Analysis, Profitability, Revenue Share)
  • 24.5. Company Profile/ Key Players
    • 24.5.1. AB Volvo
      • 24.5.1.1. Company Overview
      • 24.5.1.2. Company Footprints
      • 24.5.1.3. Production Locations
      • 24.5.1.4. Product Portfolio
      • 24.5.1.5. Competitors & Customers
      • 24.5.1.6. Subsidiaries & Parent Organization
      • 24.5.1.7. Recent Developments
      • 24.5.1.8. Financial Analysis
      • 24.5.1.9. Profitability
      • 24.5.1.10. Revenue Share
    • 24.5.2. AGCO Corporation
      • 24.5.2.1. Company Overview
      • 24.5.2.2. Company Footprints
      • 24.5.2.3. Production Locations
      • 24.5.2.4. Product Portfolio
      • 24.5.2.5. Competitors & Customers
      • 24.5.2.6. Subsidiaries & Parent Organization
      • 24.5.2.7. Recent Developments
      • 24.5.2.8. Financial Analysis
      • 24.5.2.9. Profitability
      • 24.5.2.10. Revenue Share
    • 24.5.3. Caterpillar, Inc.
      • 24.5.3.1. Company Overview
      • 24.5.3.2. Company Footprints
      • 24.5.3.3. Production Locations
      • 24.5.3.4. Product Portfolio
      • 24.5.3.5. Competitors & Customers
      • 24.5.3.6. Subsidiaries & Parent Organization
      • 24.5.3.7. Recent Developments
      • 24.5.3.8. Financial Analysis
      • 24.5.3.9. Profitability
      • 24.5.3.10. Revenue Share
    • 24.5.4. CRRC Corporation Limited
      • 24.5.4.1. Company Overview
      • 24.5.4.2. Company Footprints
      • 24.5.4.3. Production Locations
      • 24.5.4.4. Product Portfolio
      • 24.5.4.5. Competitors & Customers
      • 24.5.4.6. Subsidiaries & Parent Organization
      • 24.5.4.7. Recent Developments
      • 24.5.4.8. Financial Analysis
      • 24.5.4.9. Profitability
      • 24.5.4.10. Revenue Share
    • 24.5.5. Cummins, Inc.
      • 24.5.5.1. Company Overview
      • 24.5.5.2. Company Footprints
      • 24.5.5.3. Production Locations
      • 24.5.5.4. Product Portfolio
      • 24.5.5.5. Competitors & Customers
      • 24.5.5.6. Subsidiaries & Parent Organization
      • 24.5.5.7. Recent Developments
      • 24.5.5.8. Financial Analysis
      • 24.5.5.9. Profitability
      • 24.5.5.10. Revenue Share
    • 24.5.6. Daimler AG
      • 24.5.6.1. Company Overview
      • 24.5.6.2. Company Footprints
      • 24.5.6.3. Production Locations
      • 24.5.6.4. Product Portfolio
      • 24.5.6.5. Competitors & Customers
      • 24.5.6.6. Subsidiaries & Parent Organization
      • 24.5.6.7. Recent Developments
      • 24.5.6.8. Financial Analysis
      • 24.5.6.9. Profitability
      • 24.5.6.10. Revenue Share
    • 24.5.7. Deere & Company
      • 24.5.7.1. Company Overview
      • 24.5.7.2. Company Footprints
      • 24.5.7.3. Production Locations
      • 24.5.7.4. Product Portfolio
      • 24.5.7.5. Competitors & Customers
      • 24.5.7.6. Subsidiaries & Parent Organization
      • 24.5.7.7. Recent Developments
      • 24.5.7.8. Financial Analysis
      • 24.5.7.9. Profitability
      • 24.5.7.10. Revenue Share
    • 24.5.8. Deutz AG
      • 24.5.8.1. Company Overview
      • 24.5.8.2. Company Footprints
      • 24.5.8.3. Production Locations
      • 24.5.8.4. Product Portfolio
      • 24.5.8.5. Competitors & Customers
      • 24.5.8.6. Subsidiaries & Parent Organization
      • 24.5.8.7. Recent Developments
      • 24.5.8.8. Financial Analysis
      • 24.5.8.9. Profitability
      • 24.5.8.10. Revenue Share
    • 24.5.9. Doosan Corporation
      • 24.5.9.1. Company Overview
      • 24.5.9.2. Company Footprints
      • 24.5.9.3. Production Locations
      • 24.5.9.4. Product Portfolio
      • 24.5.9.5. Competitors & Customers
      • 24.5.9.6. Subsidiaries & Parent Organization
      • 24.5.9.7. Recent Developments
      • 24.5.9.8. Financial Analysis
      • 24.5.9.9. Profitability
      • 24.5.9.10. Revenue Share
    • 24.5.10. Epiroc AB
      • 24.5.10.1. Company Overview
      • 24.5.10.2. Company Footprints
      • 24.5.10.3. Production Locations
      • 24.5.10.4. Product Portfolio
      • 24.5.10.5. Competitors & Customers
      • 24.5.10.6. Subsidiaries & Parent Organization
      • 24.5.10.7. Recent Developments
      • 24.5.10.8. Financial Analysis
      • 24.5.10.9. Profitability
      • 24.5.10.10. Revenue Share
    • 24.5.11. Hitachi Construction Machinery Co. Ltd.
      • 24.5.11.1. Company Overview
      • 24.5.11.2. Company Footprints
      • 24.5.11.3. Production Locations
      • 24.5.11.4. Product Portfolio
      • 24.5.11.5. Competitors & Customers
      • 24.5.11.6. Subsidiaries & Parent Organization
      • 24.5.11.7. Recent Developments
      • 24.5.11.8. Financial Analysis
      • 24.5.11.9. Profitability
      • 24.5.11.10. Revenue Share
    • 24.5.12. Husqvarna
      • 24.5.12.1. Company Overview
      • 24.5.12.2. Company Footprints
      • 24.5.12.3. Production Locations
      • 24.5.12.4. Product Portfolio
      • 24.5.12.5. Competitors & Customers
      • 24.5.12.6. Subsidiaries & Parent Organization
      • 24.5.12.7. Recent Developments
      • 24.5.12.8. Financial Analysis
      • 24.5.12.9. Profitability
      • 24.5.12.10. Revenue Share
    • 24.5.13. J. C. Bamford Excavators Ltd.
      • 24.5.13.1. Company Overview
      • 24.5.13.2. Company Footprints
      • 24.5.13.3. Production Locations
      • 24.5.13.4. Product Portfolio
      • 24.5.13.5. Competitors & Customers
      • 24.5.13.6. Subsidiaries & Parent Organization
      • 24.5.13.7. Recent Developments
      • 24.5.13.8. Financial Analysis
      • 24.5.13.9. Profitability
      • 24.5.13.10. Revenue Share
    • 24.5.14. Komatsu Ltd.
      • 24.5.14.1. Company Overview
      • 24.5.14.2. Company Footprints
      • 24.5.14.3. Production Locations
      • 24.5.14.4. Product Portfolio
      • 24.5.14.5. Competitors & Customers
      • 24.5.14.6. Subsidiaries & Parent Organization
      • 24.5.14.7. Recent Developments
      • 24.5.14.8. Financial Analysis
      • 24.5.14.9. Profitability
      • 24.5.14.10. Revenue Share
    • 24.5.15. Kubota Corp
      • 24.5.15.1. Company Overview
      • 24.5.15.2. Company Footprints
      • 24.5.15.3. Production Locations
      • 24.5.15.4. Product Portfolio
      • 24.5.15.5. Competitors & Customers
      • 24.5.15.6. Subsidiaries & Parent Organization
      • 24.5.15.7. Recent Developments
      • 24.5.15.8. Financial Analysis
      • 24.5.15.9. Profitability
      • 24.5.15.10. Revenue Share
    • 24.5.16. Liebherr
      • 24.5.16.1. Company Overview
      • 24.5.16.2. Company Footprints
      • 24.5.16.3. Production Locations
      • 24.5.16.4. Product Portfolio
      • 24.5.16.5. Competitors & Customers
      • 24.5.16.6. Subsidiaries & Parent Organization
      • 24.5.16.7. Recent Developments
      • 24.5.16.8. Financial Analysis
      • 24.5.16.9. Profitability
      • 24.5.16.10. Revenue Share
    • 24.5.17. Mahindra & Mahindra Limited (Mahindra Powertrain)
      • 24.5.17.1. Company Overview
      • 24.5.17.2. Company Footprints
      • 24.5.17.3. Production Locations
      • 24.5.17.4. Product Portfolio
      • 24.5.17.5. Competitors & Customers
      • 24.5.17.6. Subsidiaries & Parent Organization
      • 24.5.17.7. Recent Developments
      • 24.5.17.8. Financial Analysis
      • 24.5.17.9. Profitabili
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