Global Off-Highway Engine Market Size & Forecast 2023| TechSci Research

Summary

Report Description

Global Off-Highway Engine Market is projected to reach USD 40.01 Billion by 2023, at a CAGR of over 8% during the forecast period owing to growing agriculture sector, growing construction industry and growing demand for agriculture tractors, rising mechanization in agriculture and growth in infrastructure activities. Based on engine capacity, the market has been segmented into <5l Engines, 5l-10l Engines and >10l Engines. The <5l engines capacity segment is estimated to be dominate the market from 2018 to 2023 since these are used in agriculture tractors and construction equipment. Moreover, for construction equipment, <5L engine is the highest growing market owing to the increasing demand for backhoe loaders and mini excavators equipped with <5L engines. The Asia-Oceania region dominated the market in 2017 and is expected to maintain its dominance over the next five years as well due to growing infrastructure activities, growing agriculture sectors and growing urbanization. Furthermore, the Caterpillar Inc. is one of the largest manufacturers of diesel and natural gas engines for off-highway applications.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018–2023

Objective of the Study:

To analyse and forecast the market size of Off-Highway Engine Market, in terms of value and volume.
To classify and forecast Global Off-Highway Engine Market based on Construction & Mining Equipment Engines Power Output, Agriculture Tractor Engines Power Output, Engine Capacity, Fuel Type and regional distribution.
To identify drivers and challenges for Global Off-Highway Engine Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Off-Highway Engine Market.
To conduct the pricing analysis for Off-Highway Engine Market.
To identify and analyse the profile of leading players involved in the manufacturing of Global Off-Highway Engine Market.

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Some of the leading players in the Global Off-Highway Engine Market are Caterpillar Inc. Cummins Inc., Deere & Company, Kubota Corporation, Deutz AG, Scania AB, Weichai Power Co. Ltd., MTU Friedrichshafen GmbH, Volvo CE, Yanmar Co. Ltd. etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.

TechSci Research calculated the market size of Global Off-Highway Engine Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Off-Highway Engine Manufacturers
Automotive OEMs
Traders, Distributors, and Suppliers
Industry associations and experts
Research organizations and consulting companies.
Research Institutes
Industry associations
Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Off-Highway Engine Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Construction & Mining Equipment Engines Power Output:

<100 HP
101-200 HP
201-400 HP
>400 HP

Market, By Agriculture Tractor Engines Power Output:

<30 HP
31-50 HP
51-80 HP
81-140 HP
>140 HP

Market, By Engine Capacity:

<5l Engines
5l-10l Engines
>10l Engines

Market, By Fuel Type:

Diesel
Gasoline
Others

Market, by Region:

Asia Pacific

China
India
Japan
South Korea
Australia
Singapore
Malaysia

Europe & CIS

France
Germany
United Kingdom
Italy
Spain

North America

United States
Mexico
Canada

South America

Brazil
Argentina
Colombia

Middle East and Africa

South Africa
Saudi Arabia
UAE
Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Off-Highway Engine Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

4.1. Product Awareness

4.2. Brand Awareness

4.3. Product Pricing

4.4. Challenges & Unmet Needs

5. Global Off-Highway Engine Market Overview

6. Global Off-Highway Engine Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Construction & Mining Equipment Engines Power Output (<100 HP, 101-200 HP, 201-400 HP and >400 HP)

6.2.2. By Agriculture Tractor Engines Power Output (<30 HP, 31-50 HP, 51-80 HP, 81-140 HP and >140 HP)

6.2.3. By Engine Capacity (<5l Engines, 5l-10l Engines and >10l Engines)

6.2.4. By Fuel Type (Diesel, Gasoline & Others)

6.2.5. By Region

6.2.6. By Company

6.3. Market Attractiveness Index

7. Asia-Pacific Off-Highway Engine Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Construction & Mining Equipment Engines Power Output

7.2.2. By Agriculture Tractor Engines Power Output

7.2.3. By Engine Capacity

7.2.4. By Country

7.3. Market Attractiveness Index

7.4. Asia-Pacific: Country Analysis

7.4.1. China Off-Highway Engine Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Construction & Mining Equipment Engines Power Output

7.4.1.2.2. By Agriculture Tractor Engines Power Output

7.4.1.3. Market Attractiveness Index

7.4.2. India Off-Highway Engine Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Construction & Mining Equipment Engines Power Output

7.4.2.2.2. By Agriculture Tractor Engines Power Output

7.4.2.3. Market Attractiveness Index

7.4.3. Japan Off-Highway Engine Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Construction & Mining Equipment Engines Power Output

7.4.3.2.2. By Agriculture Tractor Engines Power Output

7.4.3.3. Market Attractiveness Index

7.4.4. South Korea Off-Highway Engine Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value & Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Construction & Mining Equipment Engines Power Output

7.4.4.2.2. By Agriculture Tractor Engines Power Output

7.4.4.3. Market Attractiveness Index

7.4.5. Australia Off-Highway Engine Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value & Volume

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Construction & Mining Equipment Engines Power Output

7.4.5.2.2. By Agriculture Tractor Engines Power Output

7.4.5.3. Market Attractiveness Index

7.4.6. Singapore Off-Highway Engine Market Outlook

7.4.6.1. Market Size & Forecast

7.4.6.1.1. By Value & Volume

7.4.6.2. Market Share & Forecast

7.4.6.2.1. By Construction & Mining Equipment Engines Power Output

7.4.6.2.2. By Agriculture Tractor Engines Power Output

7.4.6.3. Market Attractiveness Index

7.4.7. Malaysia Off-Highway Engine Market Outlook

7.4.7.1. Market Size & Forecast

7.4.7.1.1. By Value & Volume

7.4.7.2. Market Share & Forecast

7.4.7.2.1. By Construction & Mining Equipment Engines Power Output

7.4.7.2.2. By Agriculture Tractor Engines Power Output

7.4.7.3. Market Attractiveness Index

8. Europe & CIS Off-Highway Engine Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Construction & Mining Equipment Engines Power Output

8.2.2. By Agriculture Tractor Engines Power Output

8.2.3. By Engine Capacity

8.2.4. By Country

8.3. Market Attractiveness Index

8.4. Europe: Country Analysis

8.4.1. France Off-Highway Engine Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Construction & Mining Equipment Engines Power Output

8.4.1.2.2. By Agriculture Tractor Engines Power Output

8.4.1.3. Market Attractiveness Index

8.4.2. Germany Off-Highway Engine Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Construction & Mining Equipment Engines Power Output

8.4.2.2.2. By Agriculture Tractor Engines Power Output

8.4.2.3. Market Attractiveness Index

8.4.3. United Kingdom Off-Highway Engine Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Construction & Mining Equipment Engines Power Output

8.4.3.2.2. By Agriculture Tractor Engines Power Output

8.4.3.3. Market Attractiveness Index

8.4.4. Italy Off-Highway Engine Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Construction & Mining Equipment Engines Power Output

8.4.4.2.2. By Agriculture Tractor Engines Power Output

8.4.4.3. Market Attractiveness Index

8.4.5. Spain Off-Highway Engine Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Construction & Mining Equipment Engines Power Output

8.4.5.2.2. By Agriculture Tractor Engines Power Output

8.4.5.3. Market Attractiveness Index

9. North America Off-Highway Engine Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Construction & Mining Equipment Engines Power Output

9.2.2. By Agriculture Tractor Engines Power Output

9.2.3. By Engine Capacity

9.2.4. By Country

9.3. Market Attractiveness Index

9.4. North America: Country Analysis

9.4.1. United States Off-Highway Engine Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Construction & Mining Equipment Engines Power Output

9.4.1.2.2. By Agriculture Tractor Engines Power Output

9.4.1.3. Market Attractiveness Index

9.4.2. Mexico Off-Highway Engine Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Construction & Mining Equipment Engines Power Output

9.4.2.2.2. By Agriculture Tractor Engines Power Output

9.4.2.3. Market Attractiveness Index

9.4.3. Canada Off-Highway Engine Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value & Volume

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Construction & Mining Equipment Engines Power Output

9.4.3.2.2. By Agriculture Tractor Engines Power Output

9.4.3.3. Market Attractiveness Index

10. South America Off-Highway Engine Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Construction & Mining Equipment Engines Power Output

10.2.2. By Agriculture Tractor Engines Power Output

10.2.3. By Engine Capacity

10.2.4. By Country

10.3. Market Attractiveness Index

10.3.1. Brazil Off-Highway Engine Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value & Volume

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Construction & Mining Equipment Engines Power Output

10.3.1.2.2. By Agriculture Tractor Engines Power Output

10.3.1.3. Market Attractiveness Index

10.3.2. Argentina Off-Highway Engine Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value & Volume

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Construction & Mining Equipment Engines Power Output

10.3.2.2.2. By Agriculture Tractor Engines Power Output

10.3.2.3. Market Attractiveness Index

10.3.3. Colombia Off-Highway Engine Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value & Volume

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Construction & Mining Equipment Engines Power Output

10.3.3.2.2. By Agriculture Tractor Engines Power Output

10.3.3.3. Market Attractiveness Index

11. Middle East and Africa Off-Highway Engine Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Construction & Mining Equipment Engines Power Output

11.2.2. By Agriculture Tractor Engines Power Output

11.2.3. By Engine Capacity

11.2.4. By Country

11.3. Market Attractiveness Index

11.4. MEA: Country Analysis

11.4.1. South Africa Off-Highway Engine Market Outlook

11.4.1.1. Market Size & Forecast

11.4.1.1.1. By Value & Volume

11.4.1.2. Market Share & Forecast

11.4.1.2.1. By Construction & Mining Equipment Engines Power Output

11.4.1.2.2. By Agriculture Tractor Engines Power Output

11.4.1.3. Market Attractiveness Index

11.4.2. Saudi Arabia Off-Highway Engine Market Outlook

11.4.2.1. Market Size & Forecast

11.4.2.1.1. By Value & Volume

11.4.2.2. Market Share & Forecast

11.4.2.2.1. By Construction & Mining Equipment Engines Power Output

11.4.2.2.2. By Agriculture Tractor Engines Power Output

11.4.2.3. Market Attractiveness Index

11.4.3. UAE Off-Highway Engine Market Outlook

11.4.3.1. Market Size & Forecast

11.4.3.1.1. By Value & Volume

11.4.3.2. Market Share & Forecast

11.4.3.2.1. By Construction & Mining Equipment Engines Power Output

11.4.3.2.2. By Agriculture Tractor Engines Power Output

11.4.3.3. Market Attractiveness Index

11.4.4. Qatar Off-Highway Engine Market Outlook

11.4.4.1. Market Size & Forecast

11.4.4.1.1. By Value & Volume

11.4.4.2. Market Share & Forecast

11.4.4.2.1. By Construction & Mining Equipment Engines Power Output

11.4.4.2.2. By Agriculture Tractor Engines Power Output

11.4.4.3. Market Attractiveness Index

12. Supply Chain Analysis

13. Market Dynamics

13.1. Drivers

13.2. Challenges

14. Market Trends & Developments

15. Policy & Regulatory Landscape

16. Competitive Landscape

16.1. Competition Outlook

16.2. Company Profiles (Top 10 Companies)

17. Strategic Recommendation

Figures and Tables

Frequently asked questions

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