Off-highway Vehicle Market (Vehicle Type: Construction & Mining Equipment, Agriculture, Material Handling Vehicles, and Military Vehicles; Propulsion: IC-Engine and Electric) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031
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.
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.
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
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)