Global Off-Road Engines Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Off-Road Engines Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

The Off-road Engines category consists of compression-ignition engines (i.e. diesel engines) that are found in a wide variety of off-road applications such as agricultural, construction, and industrial, etc.

According to APO Research, The global Off-Road Engines market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Off-Road Engines is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Off-Road Engines is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Off-Road Engines is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Off-Road Engines include Caterpillar, Cummins, Kubota, MAN, Deutz, FPT, Yuchai, Volvo Penta and Yanmar, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Off-Road Engines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Off-Road Engines.
The Off-Road Engines market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Off-Road Engines market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Caterpillar
Cummins
Kubota
MAN
Deutz
FPT
Yuchai
Volvo Penta
Yanmar
Weichai Power
Deere
Mitsubishi Heavy Industries
Isuzu
Quanchai
Off-Road Engines segment by Type

Four-cylinder Engine
Six-cylinder Engine
Others
Off-Road Engines segment by Application

Agricultural Machinery
Construction Machinery
Generator
Others
Off-Road Engines Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Off-Road Engines market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Off-Road Engines and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Off-Road Engines.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Off-Road Engines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Off-Road Engines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Off-Road Engines Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Off-Road Engines Sales Estimates and Forecasts (2019-2030)
1.3 Off-Road Engines Market by Type
1.3.1 Four-cylinder Engine
1.3.2 Six-cylinder Engine
1.3.3 Others
1.4 Global Off-Road Engines Market Size by Type
1.4.1 Global Off-Road Engines Market Size Overview by Type (2019-2030)
1.4.2 Global Off-Road Engines Historic Market Size Review by Type (2019-2024)
1.4.3 Global Off-Road Engines Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Off-Road Engines Sales Breakdown by Type (2019-2024)
1.5.2 Europe Off-Road Engines Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Off-Road Engines Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Off-Road Engines Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Off-Road Engines Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Off-Road Engines Industry Trends
2.2 Off-Road Engines Industry Drivers
2.3 Off-Road Engines Industry Opportunities and Challenges
2.4 Off-Road Engines Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Off-Road Engines Revenue (2019-2024)
3.2 Global Top Players by Off-Road Engines Sales (2019-2024)
3.3 Global Top Players by Off-Road Engines Price (2019-2024)
3.4 Global Off-Road Engines Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Off-Road Engines Key Company Manufacturing Sites & Headquarters
3.6 Global Off-Road Engines Company, Product Type & Application
3.7 Global Off-Road Engines Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Off-Road Engines Market CR5 and HHI
3.8.2 Global Top 5 and 10 Off-Road Engines Players Market Share by Revenue in 2023
3.8.3 2023 Off-Road Engines Tier 1, Tier 2, and Tier 3
4 Off-Road Engines Regional Status and Outlook
4.1 Global Off-Road Engines Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Off-Road Engines Historic Market Size by Region
4.2.1 Global Off-Road Engines Sales in Volume by Region (2019-2024)
4.2.2 Global Off-Road Engines Sales in Value by Region (2019-2024)
4.2.3 Global Off-Road Engines Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Off-Road Engines Forecasted Market Size by Region
4.3.1 Global Off-Road Engines Sales in Volume by Region (2025-2030)
4.3.2 Global Off-Road Engines Sales in Value by Region (2025-2030)
4.3.3 Global Off-Road Engines Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Off-Road Engines by Application
5.1 Off-Road Engines Market by Application
5.1.1 Agricultural Machinery
5.1.2 Construction Machinery
5.1.3 Generator
5.1.4 Others
5.2 Global Off-Road Engines Market Size by Application
5.2.1 Global Off-Road Engines Market Size Overview by Application (2019-2030)
5.2.2 Global Off-Road Engines Historic Market Size Review by Application (2019-2024)
5.2.3 Global Off-Road Engines Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Off-Road Engines Sales Breakdown by Application (2019-2024)
5.3.2 Europe Off-Road Engines Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Off-Road Engines Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Off-Road Engines Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Off-Road Engines Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Caterpillar
6.1.1 Caterpillar Comapny Information
6.1.2 Caterpillar Business Overview
6.1.3 Caterpillar Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Caterpillar Off-Road Engines Product Portfolio
6.1.5 Caterpillar Recent Developments
6.2 Cummins
6.2.1 Cummins Comapny Information
6.2.2 Cummins Business Overview
6.2.3 Cummins Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Cummins Off-Road Engines Product Portfolio
6.2.5 Cummins Recent Developments
6.3 Kubota
6.3.1 Kubota Comapny Information
6.3.2 Kubota Business Overview
6.3.3 Kubota Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Kubota Off-Road Engines Product Portfolio
6.3.5 Kubota Recent Developments
6.4 MAN
6.4.1 MAN Comapny Information
6.4.2 MAN Business Overview
6.4.3 MAN Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.4.4 MAN Off-Road Engines Product Portfolio
6.4.5 MAN Recent Developments
6.5 Deutz
6.5.1 Deutz Comapny Information
6.5.2 Deutz Business Overview
6.5.3 Deutz Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Deutz Off-Road Engines Product Portfolio
6.5.5 Deutz Recent Developments
6.6 FPT
6.6.1 FPT Comapny Information
6.6.2 FPT Business Overview
6.6.3 FPT Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.6.4 FPT Off-Road Engines Product Portfolio
6.6.5 FPT Recent Developments
6.7 Yuchai
6.7.1 Yuchai Comapny Information
6.7.2 Yuchai Business Overview
6.7.3 Yuchai Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Yuchai Off-Road Engines Product Portfolio
6.7.5 Yuchai Recent Developments
6.8 Volvo Penta
6.8.1 Volvo Penta Comapny Information
6.8.2 Volvo Penta Business Overview
6.8.3 Volvo Penta Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Volvo Penta Off-Road Engines Product Portfolio
6.8.5 Volvo Penta Recent Developments
6.9 Yanmar
6.9.1 Yanmar Comapny Information
6.9.2 Yanmar Business Overview
6.9.3 Yanmar Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Yanmar Off-Road Engines Product Portfolio
6.9.5 Yanmar Recent Developments
6.10 Weichai Power
6.10.1 Weichai Power Comapny Information
6.10.2 Weichai Power Business Overview
6.10.3 Weichai Power Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Weichai Power Off-Road Engines Product Portfolio
6.10.5 Weichai Power Recent Developments
6.11 Deere
6.11.1 Deere Comapny Information
6.11.2 Deere Business Overview
6.11.3 Deere Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Deere Off-Road Engines Product Portfolio
6.11.5 Deere Recent Developments
6.12 Mitsubishi Heavy Industries
6.12.1 Mitsubishi Heavy Industries Comapny Information
6.12.2 Mitsubishi Heavy Industries Business Overview
6.12.3 Mitsubishi Heavy Industries Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Mitsubishi Heavy Industries Off-Road Engines Product Portfolio
6.12.5 Mitsubishi Heavy Industries Recent Developments
6.13 Isuzu
6.13.1 Isuzu Comapny Information
6.13.2 Isuzu Business Overview
6.13.3 Isuzu Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Isuzu Off-Road Engines Product Portfolio
6.13.5 Isuzu Recent Developments
6.14 Quanchai
6.14.1 Quanchai Comapny Information
6.14.2 Quanchai Business Overview
6.14.3 Quanchai Off-Road Engines Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Quanchai Off-Road Engines Product Portfolio
6.14.5 Quanchai Recent Developments
7 North America by Country
7.1 North America Off-Road Engines Sales by Country
7.1.1 North America Off-Road Engines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Off-Road Engines Sales by Country (2019-2024)
7.1.3 North America Off-Road Engines Sales Forecast by Country (2025-2030)
7.2 North America Off-Road Engines Market Size by Country
7.2.1 North America Off-Road Engines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Off-Road Engines Market Size by Country (2019-2024)
7.2.3 North America Off-Road Engines Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Off-Road Engines Sales by Country
8.1.1 Europe Off-Road Engines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Off-Road Engines Sales by Country (2019-2024)
8.1.3 Europe Off-Road Engines Sales Forecast by Country (2025-2030)
8.2 Europe Off-Road Engines Market Size by Country
8.2.1 Europe Off-Road Engines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Off-Road Engines Market Size by Country (2019-2024)
8.2.3 Europe Off-Road Engines Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Off-Road Engines Sales by Country
9.1.1 Asia-Pacific Off-Road Engines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Off-Road Engines Sales by Country (2019-2024)
9.1.3 Asia-Pacific Off-Road Engines Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Off-Road Engines Market Size by Country
9.2.1 Asia-Pacific Off-Road Engines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Off-Road Engines Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Off-Road Engines Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Off-Road Engines Sales by Country
10.1.1 Latin America Off-Road Engines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Off-Road Engines Sales by Country (2019-2024)
10.1.3 Latin America Off-Road Engines Sales Forecast by Country (2025-2030)
10.2 Latin America Off-Road Engines Market Size by Country
10.2.1 Latin America Off-Road Engines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Off-Road Engines Market Size by Country (2019-2024)
10.2.3 Latin America Off-Road Engines Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Off-Road Engines Sales by Country
11.1.1 Middle East and Africa Off-Road Engines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Off-Road Engines Sales by Country (2019-2024)
11.1.3 Middle East and Africa Off-Road Engines Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Off-Road Engines Market Size by Country
11.2.1 Middle East and Africa Off-Road Engines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Off-Road Engines Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Off-Road Engines Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Off-Road Engines Value Chain Analysis
12.1.1 Off-Road Engines Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Off-Road Engines Production Mode & Process
12.2 Off-Road Engines Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Off-Road Engines Distributors
12.2.3 Off-Road Engines Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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