Market Overview:
The global medium diesel off-road engine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for agricultural machinery, construction machinery, and generators across the globe. Additionally, the growing demand for medium diesel off-road engines in emerging economies is also contributing to the growth of this market. However, volatility in fuel prices may restrain the growth of this market to some extent during the forecast period. On basis of type, single-cylinder engines are expected to dominate the global medium diesel off-road engine market during 2018–2030 owing to their low cost and easy installation as compared with multi-cylinder engines.
Product Definition:
Medium Diesel Off-road Engine is a diesel engine that has been designed to run on medium fuel. The importance of Medium Diesel Off-road Engine is that it provides a more efficient and cleaner alternative to gasoline engines for off-road applications such as construction, agriculture, and forestry.
Single-cylinder Engines:
Single-cylinder engines are used in medium diesel off-road engine market owing to its properties such as compact size, light weight and high torque. The growing demand for single cylinder engines from the end users is expected to drive the growth of this market during the forecast period.
The increasing demand for heavy trucks across various industries such as construction, mining and transportation is projected to propel product sales over the next seven years.
Multi-cylinder Engines:
Multi-cylinder engines are a type of internal combustion engine with more than two cylinders. The number of cylinders can vary from four to six, seven or eight depending upon the requirements. The multi-cylinder diesel off-road engine market is expected to witness significant growth over the forecast period owing to its wide range of applications in construction equipment, agricultural machinery and heavy vehicles among others.
Application Insights:
The construction machinery segment dominated the global medium diesel off-road engine market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for heavy-duty construction equipment across various applications such as road building, civil engineering, and mining. In addition, factors such as growing urbanization and industrial development are expected to augment product demand over the forecast period.
The generator application segment is projected to witness significant growth over the forecast period owing to rising demand from industries including oil & gas and power generation. Growing investments in developing countries including China India Japan South Korea Australia Mexico will further boost product penetration into these sectors thereby influencing industry expansion during future years ¢â‚¬Å“2030¢â‚¬ 2030 CE onward.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, registering a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand for diesel engines in countries such as China and India owing to their large agricultural sector and improving economic conditions. Furthermore, the region is witnessing an increase in construction activities due to rapid urbanization and growing population which will drive product demand over the forecast period.
Growth Factors:
- Increasing demand for medium diesel off-road engines from construction and mining industries due to growth in infrastructure development and industrialization.
- Rising demand for medium diesel off-road engines in agricultural applications owing to the increasing adoption of mechanized farming practices.
- Growing popularity of electric vehicles is expected to hamper the growth of the medium diesel off-road engine market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medium Diesel Off-road Engine Market Research Report
By Type
Single-cylinder Engines, Multi-cylinder Engines
By Application
Agricultural Machinery, Construction Machinery, Generator, Others
By Companies
MAN, Cummins, Caterpillar, Yuchai, Kubota, Volvo Penta, FPT, Deutz, Yanmar, Deere, Weichai Power, Kunming Yunnei Power, Mitsubishi Heavy Industries Engine & Turbocharger, Lombardini, Isuzu, Quanchai
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Medium Diesel Off-road Engine Market Report Segments:
The global Medium Diesel Off-road Engine market is segmented on the basis of:
Types
Single-cylinder Engines, Multi-cylinder Engines
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
Agricultural Machinery, Construction Machinery, Generator, 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:
- MAN
- Cummins
- Caterpillar
- Yuchai
- Kubota
- Volvo Penta
- FPT
- Deutz
- Yanmar
- Deere
- Weichai Power
- Kunming Yunnei Power
- Mitsubishi Heavy Industries Engine & Turbocharger
- Lombardini
- Isuzu
- Quanchai
Highlights of The Medium Diesel Off-road Engine 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:
- Single-cylinder Engines
- Multi-cylinder Engines
- By Application:
- Agricultural Machinery
- Construction Machinery
- Generator
- 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 Medium Diesel Off-road Engine 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?
Medium diesel off-road engine is a type of diesel engine that is used for powering heavy equipment, such as construction and mining vehicles.
Some of the key players operating in the medium diesel off-road engine market are MAN, Cummins, Caterpillar, Yuchai, Kubota, Volvo Penta, FPT, Deutz, Yanmar, Deere, Weichai Power, Kunming Yunnei Power, Mitsubishi Heavy Industries Engine & Turbocharger, Lombardini, Isuzu, Quanchai.
The medium diesel off-road engine market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medium Diesel Off-road Engine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medium Diesel Off-road Engine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medium Diesel Off-road Engine Market - Supply Chain
4.5. Global Medium Diesel Off-road Engine Market Forecast
4.5.1. Medium Diesel Off-road Engine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medium Diesel Off-road Engine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medium Diesel Off-road Engine Market Absolute $ Opportunity
5. Global Medium Diesel Off-road Engine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medium Diesel Off-road Engine Market Size and Volume Forecast by Type
5.3.1. Single-cylinder Engines
5.3.2. Multi-cylinder Engines
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medium Diesel Off-road Engine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medium Diesel Off-road Engine Market Size and Volume Forecast by Application
6.3.1. Agricultural Machinery
6.3.2. Construction Machinery
6.3.3. Generator
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medium Diesel Off-road Engine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medium Diesel Off-road Engine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medium Diesel Off-road Engine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medium Diesel Off-road Engine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medium Diesel Off-road Engine Demand Share Forecast, 2019-2026
9. North America Medium Diesel Off-road Engine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medium Diesel Off-road Engine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medium Diesel Off-road Engine Market Size and Volume Forecast by Application
9.4.1. Agricultural Machinery
9.4.2. Construction Machinery
9.4.3. Generator
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medium Diesel Off-road Engine Market Size and Volume Forecast by Type
9.7.1. Single-cylinder Engines
9.7.2. Multi-cylinder Engines
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medium Diesel Off-road Engine Demand Share Forecast, 2019-2026
10. Latin America Medium Diesel Off-road Engine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medium Diesel Off-road Engine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medium Diesel Off-road Engine Market Size and Volume Forecast by Application
10.4.1. Agricultural Machinery
10.4.2. Construction Machinery
10.4.3. Generator
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medium Diesel Off-road Engine Market Size and Volume Forecast by Type
10.7.1. Single-cylinder Engines
10.7.2. Multi-cylinder Engines
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medium Diesel Off-road Engine Demand Share Forecast, 2019-2026
11. Europe Medium Diesel Off-road Engine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medium Diesel Off-road Engine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medium Diesel Off-road Engine Market Size and Volume Forecast by Application
11.4.1. Agricultural Machinery
11.4.2. Construction Machinery
11.4.3. Generator
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medium Diesel Off-road Engine Market Size and Volume Forecast by Type
11.7.1. Single-cylinder Engines
11.7.2. Multi-cylinder Engines
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medium Diesel Off-road Engine Demand Share, 2019-2026
12. Asia Pacific Medium Diesel Off-road Engine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medium Diesel Off-road Engine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medium Diesel Off-road Engine Market Size and Volume Forecast by Application
12.4.1. Agricultural Machinery
12.4.2. Construction Machinery
12.4.3. Generator
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medium Diesel Off-road Engine Market Size and Volume Forecast by Type
12.7.1. Single-cylinder Engines
12.7.2. Multi-cylinder Engines
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medium Diesel Off-road Engine Demand Share, 2019-2026
13. Middle East & Africa Medium Diesel Off-road Engine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medium Diesel Off-road Engine Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medium Diesel Off-road Engine Market Size and Volume Forecast by Application
13.4.1. Agricultural Machinery
13.4.2. Construction Machinery
13.4.3. Generator
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medium Diesel Off-road Engine Market Size and Volume Forecast by Type
13.7.1. Single-cylinder Engines
13.7.2. Multi-cylinder Engines
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medium Diesel Off-road Engine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medium Diesel Off-road Engine Market: Market Share Analysis
14.2. Medium Diesel Off-road Engine Distributors and Customers
14.3. Medium Diesel Off-road Engine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MAN
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cummins
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Caterpillar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yuchai
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kubota
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Volvo Penta
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FPT
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Deutz
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yanmar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Deere
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Weichai Power
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kunming Yunnei Power
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mitsubishi Heavy Industries Engine & Turbocharger
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Lombardini
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Isuzu
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Quanchai
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook