Market Overview:
The global off road vehicle MRO market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for off road vehicles in construction, agriculture, mining, and other applications. In terms of type, the cleaning segment is expected to hold the largest share of the global off road vehicle MRO market during the forecast period. This can be attributed to the increasing demand for cleaning services for maintaining and repairing off road vehicles in various industries.
Product Definition:
MRO is an acronym for Maintenance, Repair and Overhaul. Off Road Vehicle MRO is the process of maintaining, repairing and overhauling off road vehicles to ensure they continue to run efficiently and safely. Off road vehicles are used in a variety of settings, from construction sites to nature preserves, so it is important that they are properly maintained so that they can be used for their intended purpose.
Cleaning:
Cleaning is the maintenance and inspection of a vehicle's exterior to remove dirt, paint defects, and other contaminants from the surface. It also includes washing or cleaning parts such as wheels, radiators, undercarriage components among others. The process helps in maintaining optimum performance of a vehicle by removing unwanted particles which may hamper its functioning.
The global off-road vehicles (ORV) market size was valued at USD 21 billion in 2016.
General Repair:
General repair is a category that includes all the mechanical work done on vehicles. It covers everything from changing flat tires to major engine repairs and everything in between. The global market for general repair has been witnessing tremendous growth over the past few years owing to factors such as increasing demand for off road vehicles, technological advancements, and rising disposable income levels among individuals across different geographies.
Application Insights:
The others application segment includes transportation, mining and civil engineering. The demand for off-road vehicles in these applications is driven by the requirement of repair and maintenance services due to the usage of heavy machinery. Agriculture was the largest application segment in 2017 owing to increasing mechanization of agriculture activities across the globe.
Agriculture is expected to be followed by construction as both sectors require a large number of off roaders for various operations including drilling, clearing rocks, moving earth etc. Mining also requires a considerable number of OORV¢â‚¬â„¢s which can be used either individually or in combination with one another depending on specific requirements required at that particular site. General repairs are majorly carried out at mining sites where there is constant damage or wear & tear caused to vehicles due to rough terrains and stones getting stuck between different parts such as tires & rims, engine components etc.
Regional Analysis:
The market in Asia Pacific is expected to witness significant growth over the forecast period owing to increasing demand for off-roaders from countries such as India, China, and Australia. The growing mining industry in these regions will drive the market further. In addition, rising investments by companies such as Mahindra & Mahindra Limited (M&M) and Tata Motors Ltd., are anticipated to fuel the regional product demand over the next eight years.
North America accounted for a major share of revenue in 2017 owing to high production volumes of vehicles operating on public roads. However, stringent regulations by regulatory bodies such as National Highway Traffic Safety Administration (NHTSA), Environmental Protection Agency (EPA), Department of Transportation (DOT) among others are hampering growth prospects in this region.
Europe is also likely to have a positive outlook towards growth due with increasing R&D activities relatedto ORV's.
Growth Factors:
- Increasing demand for off-road vehicles for recreational purposes
- Growing popularity of outdoor activities and sports
- Proliferation of off-road events and competitions
- Technological advancements in off-road vehicle manufacturing
- Rising disposable income of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Off Road Vehicle MRO Market Research Report
By Type
Cleaning, General Repair, Overhaul
By Application
Construction, Agriculture, Mining, Others
By Companies
Dynatrade, Allison Transmission, Schaeffler Technologies, Continental AG, ZF Friedrichshafen AG, Lee Myles Autocare & Transmission, Cottman Transmission and Total Auto Care, Borgwarner
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Off Road Vehicle MRO Market Report Segments:
The global Off Road Vehicle MRO market is segmented on the basis of:
Types
Cleaning, General Repair, Overhaul
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Agriculture, Mining, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dynatrade
- Allison Transmission
- Schaeffler Technologies
- Continental AG
- ZF Friedrichshafen AG
- Lee Myles Autocare & Transmission
- Cottman Transmission and Total Auto Care
- Borgwarner
Highlights of The Off Road Vehicle MRO Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cleaning
- General Repair
- Overhaul
- By Application:
- Construction
- Agriculture
- Mining
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Off Road Vehicle MRO Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Off Road Vehicle MRO is a service that provides maintenance, repair, and overhaul (MRO) for off-road vehicles. This includes everything from repairing flat tires to fixing broken suspension components.
Some of the major companies in the off road vehicle mro market are Dynatrade, Allison Transmission, Schaeffler Technologies, Continental AG, ZF Friedrichshafen AG, Lee Myles Autocare & Transmission, Cottman Transmission and Total Auto Care, Borgwarner.
The off road vehicle mro market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Off Road Vehicle MRO Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Off Road Vehicle MRO Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Off Road Vehicle MRO Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Off Road Vehicle MRO Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Off Road Vehicle MRO Market Size & Forecast, 2018-2028
4.5.1 Off Road Vehicle MRO Market Size and Y-o-Y Growth
4.5.2 Off Road Vehicle MRO Market Absolute $ Opportunity
Chapter 5 Global Off Road Vehicle MRO Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Off Road Vehicle MRO Market Size Forecast by Type
5.2.1 Cleaning
5.2.2 General Repair
5.2.3 Overhaul
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Off Road Vehicle MRO Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Off Road Vehicle MRO Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Agriculture
6.2.3 Mining
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Off Road Vehicle MRO Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Off Road Vehicle MRO Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Off Road Vehicle MRO Analysis and Forecast
9.1 Introduction
9.2 North America Off Road Vehicle MRO Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Off Road Vehicle MRO Market Size Forecast by Type
9.6.1 Cleaning
9.6.2 General Repair
9.6.3 Overhaul
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Off Road Vehicle MRO Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Agriculture
9.10.3 Mining
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Off Road Vehicle MRO Analysis and Forecast
10.1 Introduction
10.2 Europe Off Road Vehicle MRO Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Off Road Vehicle MRO Market Size Forecast by Type
10.6.1 Cleaning
10.6.2 General Repair
10.6.3 Overhaul
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Off Road Vehicle MRO Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Agriculture
10.10.3 Mining
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Off Road Vehicle MRO Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Off Road Vehicle MRO Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Off Road Vehicle MRO Market Size Forecast by Type
11.6.1 Cleaning
11.6.2 General Repair
11.6.3 Overhaul
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Off Road Vehicle MRO Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Agriculture
11.10.3 Mining
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Off Road Vehicle MRO Analysis and Forecast
12.1 Introduction
12.2 Latin America Off Road Vehicle MRO Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Off Road Vehicle MRO Market Size Forecast by Type
12.6.1 Cleaning
12.6.2 General Repair
12.6.3 Overhaul
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Off Road Vehicle MRO Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Agriculture
12.10.3 Mining
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Off Road Vehicle MRO Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Off Road Vehicle MRO Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Off Road Vehicle MRO Market Size Forecast by Type
13.6.1 Cleaning
13.6.2 General Repair
13.6.3 Overhaul
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Off Road Vehicle MRO Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Agriculture
13.10.3 Mining
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Off Road Vehicle MRO Market: Competitive Dashboard
14.2 Global Off Road Vehicle MRO Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dynatrade
14.3.2 Allison Transmission
14.3.3 Schaeffler Technologies
14.3.4 Continental AG
14.3.5 ZF Friedrichshafen AG
14.3.6 Lee Myles Autocare & Transmission
14.3.7 Cottman Transmission and Total Auto Care
14.3.8 Borgwarner
