Global Off Highway Vehicle Engine Market Growth 2025-2031
The global Off Highway Vehicle Engine market size is predicted to grow from US$ 47390 million in 2025 to US$ 67280 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.
An off-road vehicle is considered to be any type of vehicle which is capable of driving on and off paved or gravel surface.
The top five manufacturers held 39% of the market, in terms of off highway vehicle engine revenue in 2018.
LP Information, Inc. (LPI) ' newest research report, the “Off Highway Vehicle Engine Industry Forecast” looks at past sales and reviews total world Off Highway Vehicle Engine sales in 2024, providing a comprehensive analysis by region and market sector of projected Off Highway Vehicle Engine sales for 2025 through 2031. With Off Highway Vehicle Engine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Off Highway Vehicle Engine industry.
This Insight Report provides a comprehensive analysis of the global Off Highway Vehicle Engine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Off Highway Vehicle Engine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Off Highway Vehicle Engine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Off Highway Vehicle Engine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Off Highway Vehicle Engine.
This report presents a comprehensive overview, market shares, and growth opportunities of Off Highway Vehicle Engine market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Under 50 Hp
50-100 Hp
Above 100 Hp
Segmentation by Application:
Construction
Agricultural
Mining
Marine
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Caterpillar
FTP Industrial
Weichai Power
Yanmar
Cummins
Kubota
John Deere
Komatsu
Volvo Penta
Deutz
MAN
Yuchai
Isuzu
Scania
Quanchai
Key Questions Addressed in this Report
What is the 10-year outlook for the global Off Highway Vehicle Engine market?
What factors are driving Off Highway Vehicle Engine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Off Highway Vehicle Engine market opportunities vary by end market size?
How does Off Highway Vehicle Engine break out by Type, by Application?