Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Off Highway Vehicle Engine Market by Type (Under 50 Hp, 50-100 Hp, Above 100 Hp), By Application (Construction Machinery, Agricultural Machinery, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028-report

Global Off Highway Vehicle Engine Market by Type (Under 50 Hp, 50-100 Hp, Above 100 Hp), By Application (Construction Machinery, Agricultural Machinery, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Report ID: 204125 3300 Automobile & Transportation 377 245 Pages
The global off highway vehicle engine market is estimated to grow from USD 18.7 billion in 2021 to USD 28.3 billion by 2028, at a CAGR of 5.5% during the forecast period. Off-highway vehicle engines are used in various sectors such as construction machinery, agricultural machinery and mining machinery for powering the vehicles across rough terrain with tough terrains like sand, snow and ice. The demand for off-highway vehicles is predicted to increase significantly owing to their high durability and longevity which reduces the expenditure on repairs substantially over time. As these engines are designed keeping in mind these harsh conditions they have been more preferred than standard engine as they can perform well even when working against challenging environmental conditions like deep water or steep slopes without any hindrance or damage caused due to traction loss occurring on slippery surfaces. The off-highway vehicle engine market is segmented on the basis of types, power capacity, application and geography. Governments adopting stringent energy efficiency regulations to control emissions from vehicles thus increasing demand for more fuel efficient engines. Increasing focus on reducing cost per mile traveled thereby improving productivity by using more fuel efficient engines with lower operating costs. Investments made in projects related to renewable energy sources such as solar power can be utilized to generate electricity without emitting any harmful gases into atmosphere which can have an unfavorable impact on environment. Some of the key players operating within this market are Caterpillar Inc, Cummins, Inc, Deere & Company, John Deere Limited, Kubota Corporation, General Motors Company and Hyundai Motor Co., Ltd among others.

Industry Growth Insights published a new data on “Off Highway Vehicle Engine Market”. The research report is titled “Off Highway Vehicle Engine Market research by Types (Under 50 Hp, 50-100 Hp, Above 100 Hp), By Applications (Construction Machinery, Agricultural Machinery, Others), By Players/Companies Cummins, Caterpillar, Kubota, MAN, Volvo Penta, FPT, Yanmar, Deutz, Yuchai, Deere, Weichai Power, Yunnei Power, Mitsubishi, Isuzu, Lombardini, Quanchai”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Off Highway Vehicle Engine Market Research Report

By Type

Under 50 Hp, 50-100 Hp, Above 100 Hp

By Application

Construction Machinery, Agricultural Machinery, Others

By Companies

Cummins, Caterpillar, Kubota, MAN, Volvo Penta, FPT, Yanmar, Deutz, Yuchai, Deere, Weichai Power, Yunnei Power, Mitsubishi, Isuzu, Lombardini, Quanchai

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2018 to 2019 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Off Highway Vehicle Engine Industry Outlook

Global Off Highway Vehicle Engine Market Report Segments:

The global Off Highway Vehicle Engine market is segmented on the basis of:


Under 50 Hp, 50-100 Hp, Above 100 Hp

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.


Construction Machinery, Agricultural Machinery, 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:

  1. Cummins
  2. Caterpillar
  3. Kubota
  4. MAN
  5. Volvo Penta
  6. FPT
  7. Yanmar
  8. Deutz
  9. Yuchai
  10. Deere
  11. Weichai Power
  12. Yunnei Power
  13. Mitsubishi
  14. Isuzu
  15. Lombardini
  16. Quanchai

Global Off Highway Vehicle Engine Market Overview

Highlights of The Off Highway Vehicle Engine Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

    1. Under 50 Hp
    2. 50-100 Hp
    3. Above 100 Hp
  1. By Application:

    1. Construction Machinery
    2. Agricultural Machinery
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Off Highway Vehicle 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 2028.

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.

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Global Off Highway Vehicle Engine Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Off Highway Vehicle 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. Off Highway Vehicle Engine Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Off Highway Vehicle Engine Market - Supply Chain
   4.5. Global Off Highway Vehicle Engine Market Forecast
      4.5.1. Off Highway Vehicle Engine Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Off Highway Vehicle Engine Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Off Highway Vehicle Engine Market Absolute $ Opportunity

5. Global Off Highway Vehicle 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. Off Highway Vehicle Engine Market Size and Volume Forecast by Type
      5.3.1. Under 50 Hp
      5.3.2. 50-100 Hp
      5.3.3. Above 100 Hp
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Off Highway Vehicle 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. Off Highway Vehicle Engine Market Size and Volume Forecast by Application
      6.3.1. Construction Machinery
      6.3.2. Agricultural Machinery
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Off Highway Vehicle 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. Off Highway Vehicle 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 Off Highway Vehicle 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. Off Highway Vehicle 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 Off Highway Vehicle Engine Demand Share Forecast, 2019-2026

9. North America Off Highway Vehicle 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 Off Highway Vehicle 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 Off Highway Vehicle Engine Market Size and Volume Forecast by Application
      9.4.1. Construction Machinery
      9.4.2. Agricultural Machinery
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Off Highway Vehicle Engine Market Size and Volume Forecast by Type
      9.7.1. Under 50 Hp
      9.7.2. 50-100 Hp
      9.7.3. Above 100 Hp
   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 Off Highway Vehicle Engine Demand Share Forecast, 2019-2026

10. Latin America Off Highway Vehicle 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 Off Highway Vehicle 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 Off Highway Vehicle Engine Market Size and Volume Forecast by Application
      10.4.1. Construction Machinery
      10.4.2. Agricultural Machinery
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Off Highway Vehicle Engine Market Size and Volume Forecast by Type
      10.7.1. Under 50 Hp
      10.7.2. 50-100 Hp
      10.7.3. Above 100 Hp
   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 Off Highway Vehicle Engine Demand Share Forecast, 2019-2026

11. Europe Off Highway Vehicle 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 Off Highway Vehicle 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 Off Highway Vehicle Engine Market Size and Volume Forecast by Application
      11.4.1. Construction Machinery
      11.4.2. Agricultural Machinery
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Off Highway Vehicle Engine Market Size and Volume Forecast by Type
      11.7.1. Under 50 Hp
      11.7.2. 50-100 Hp
      11.7.3. Above100 Hp
   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 Off Highway Vehicle Engine Demand Share, 2019-2026

12. Asia Pacific Off Highway Vehicle 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 Off Highway Vehicle 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 Off Highway Vehicle Engine Market Size and Volume Forecast by Application
      12.4.1. Construction Machinery
      12.4.2. Agricultural Machinery
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Off Highway Vehicle Engine Market Size and Volume Forecast by Type
      12.7.1. Under 50 Hp
      12.7.2. 50-100 Hp
      12.7.3. Above 100 Hp
   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 Off Highway Vehicle Engine Demand Share, 2019-2026

13. Middle East & Africa Off Highway Vehicle 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 Off Highway Vehicle 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 Off Highway Vehicle Engine Market Size and Volume Forecast by Application
      13.4.1. Construction Machinery
      13.4.2. Agricultural Machinery
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Off Highway Vehicle Engine Market Size and Volume Forecast by Type
      13.7.1. Under 50 Hp
      13.7.2. 50-100 Hp
      13.7.3. Above 100 Hp
   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 Off Highway Vehicle Engine Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Off Highway Vehicle Engine Market: Market Share Analysis
   14.2. Off Highway Vehicle Engine Distributors and Customers
   14.3. Off Highway Vehicle Engine Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Cummins Overview Financials Developments Strategic Outlook
      14.4.2. Caterpillar Overview Financials Developments Strategic Outlook
      14.4.3. Kubota Overview Financials Developments Strategic Outlook
      14.4.4. MAN Overview Financials Developments Strategic Outlook
      14.4.5. Volvo Penta Overview Financials Developments Strategic Outlook
      14.4.6. FPT Overview Financials Developments Strategic Outlook
      14.4.7. Yanmar Overview Financials Developments Strategic Outlook
      14.4.8. Deutz Overview Financials Developments Strategic Outlook
      14.4.9. Yuchai Overview Financials Developments Strategic Outlook
      14.4.10. Deere Overview Financials Developments Strategic Outlook
      14.4.11. Weichai Power Overview Financials Developments Strategic Outlook
      14.4.12. Yunnei Power Overview Financials Developments Strategic Outlook
      14.4.13. Mitsubishi Overview Financials Developments Strategic Outlook
      14.4.14. Isuzu Overview Financials Developments Strategic Outlook
      14.4.15. Lombardini Overview Financials Developments Strategic Outlook
      14.4.16. Quanchai Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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