PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1429009
PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1429009
Off-Highway Vehicle Engine Market Assessment, By Power Output, By Fuel Type, By End-use Industry, By Region, Opportunities and Forecast, 2017-2031F
Global Off-Highway Vehicle Engine market is projected to witness a CAGR of 6.65% during the forecast period 2024-2031, growing from USD 36.64 billion in 2023 to USD 61.33 billion in 2031. The market has experienced a significant growth rate in recent years and is expected to maintain its expansion over the years to come. Off-highway vehicles are motorized vehicles designed for off-highway use, specifically on uneven terrains. The benefits of off-highway vehicle engines include high power output, durability, and fuel efficiency. The factors driving the growth of the off-highway vehicle engine market include increasing demand for construction and agricultural equipment, expanding manufacturing operations globally, and the development of alternative efficient and less-polluting engines. The increasing demand for construction and agricultural equipment is one of the main factors driving growth in the off-highway vehicle engine market, especially in developing nations where the agricultural industry substantially contributes to the economy. Moreover, rapid urbanization is also enhancing the market's growth rate extensively.
For example, in January 2024, Italian American off-road construction and agriculture firm CNH planned to invest up to USD 50 million in the farm machinery segment in India and launch a 105HP tractor in May 2024. CNH, which produced and sold farm machinery and equipment under the New Holland brand, focused on the compact range of tractors of below 30-40 horsepower (HP), besides targeting to sell 1,000 baler machines (used for managing stubble) that year. At that time, CNH India had a four per cent market share in the tractor business in India and had a considerable presence in the 45-50 HP range of tractors.
Commercial Projects are Amplifying the Market Growth
Commercial projects are driving the growth of the off-highway vehicle engine market at an exponential rate. The need for automation and mass-scale production has led to the development of advanced machinery that works on off-highway engines, saving time and reducing labor costs. The electrification trend and the increasing focus on low-emission engines further contribute to the market's growth.
For example, in November 2023, Caterpillar launched a three-year project to develop an advanced hydrogen-hybrid power solution for off-highway vehicles. The project, partially funded by the United States Department of Energy, aimed to create a hydrogen-fuel system for off-highway machinery, leveraging the versatile new Cat C13D engine platform. This initiative is part of Caterpillar's commitment to reducing greenhouse gas emissions and providing flexible power solutions to meet the unique demands of off-highway application.
Increasing Focus on Low-Emission Engines is Boosting the Market Significantly
The increasing focus on low-emission engines extensively drives the off-highway vehicle engine market. This focus has been fueled by government regulations for emissions reductions and the continued improvements in fuel efficiency. The use of fuel-saving technologies and the development of engines that provide better performance with lower emissions have gained traction in response to the relentless call to reduce carbon footprints. Additionally, the commercialization and development of technologies that control emissions from off-highway engines have led to a notable reduction in off-road emissions, further driving the demand for low-emission engines in the market.
For example, the California Air Resources Board (CARB) provided an update on the Tier 5 emission standards for off-road engines, proposing significant reductions of 90% and 75% in NOx and PM emissions, respectively, compared to the existing Tier 4 standards. The proposed Tier 5 standards aim to reduce oxides of nitrogen (NOx) and particulate matter (PM) emissions from new, off-road compression-ignition (CI) engines.
Government Initiatives
The government's involvement is crucial in accelerating the decarbonization of the off-highway vehicle sector. Efforts to reduce emissions from off-road vehicles have historically involved substituting biofuels into conventional diesel engines. Government initiatives, in collaboration with industry stakeholders and research institutions, are essential for conducting precompetitive research, developing innovative technologies, and convening diverse stakeholders to address the complexities of decarbonizing off-highway vehicle engines.
For instance, in June 2023, Norwegian government planned to open an area of ocean almost the size of Germany to deep-sea mining for mining engines, despite facing global opposition. The government has proposed opening over 280,000 square kilometers of the country's territorial waters to deep-sea mining, which could make Norway the first country to start commercial deep-sea mining. The move is driven by the increasing demand for minerals such as cobalt and nickel, which are used in electric car batteries and solar panels.
The Marine Industry is Amplifying the Market Growth Extensively
The marine industry is amplifying the growth of the off-highway vehicle engine market through its increasing demand for construction and mining equipment, which relies on off-highway engines. Additionally, the electrification trend and the increasing focus on low-emission engines further contribute to the market's growth.
For instance, in 2023, the California Air Resources Board issued Executive Orders for MY2023 Spark-Ignited Marine Engines, granting certifications to manufacturers of spark-ignited marine engine families. These orders pertained to newly certified spark-ignited marine engines and evaporative families. Moreover, the issuance of these executive orders aligned perfectly with the regulatory efforts to address emissions from new gasoline spark-ignition marine engines, thereby reflecting ongoing oversight and compliance measures in the marine industry.
Asia-Pacific Comprehensively led the Off-Highway Vehicle Engine Market
Asia Pacific led the off-highway vehicle engine market due to several factors. Firstly, the region's dominance is attributed to the increasing demand for construction and mining equipment in countries such as China and India, which are among the largest tractor markets in the world. Furthermore, the growth in infrastructure activities, such as road construction and housing, has fueled the demand for off-highway vehicles in the region. The rising agriculture market and mechanization trend in developing countries have also contributed to the region's leadership.
For example, in January 2023, Cummins introduced a new generation of off-highway engines, the CS IV range, specifically designed for the Chinese market. These upgraded engines, with displacements ranging from 2.8 to 15 liters, offer a power output of 48-674 hp (36-503 kW), catering to various applications, including construction and mining equipment. The engines are engineered to deliver higher power output and torque, addressing the increasing demand for high-performance and efficient engines in China's growing construction and infrastructure sectors.
Future Market Scenario (2024 - 2031F)
The increasing demand for fuel-efficient and low-emission engines is expected to drive the growth of the off-highway vehicle engine market, which in turn is expected to cater to ample opportunities for growth over the upcoming years.
The growing electrification trend in off-highway vehicles is expected to create new opportunities for the off-highway vehicle engine market.
Moreover, the increasing demand for agricultural machinery and equipment is expected to drive the growth of the off-highway vehicle engine market and create substantial opportunities for market expedition over the years to come.
The increasing adoption of advanced technologies such as telematics and IoT in off-highway vehicles is anticipated to lead to ample possibilities for market prosperity in future.
The continuously rising demand for compact and lightweight engines is significantly augmenting the market and is anticipated to result in myriad opportunities for growth over the years to come.
Furthermore, key players are focusing on strategic collaborations to increase the efficacy of their respective engines, which in turn, is expected to lead to extensive opportunities for market prosperity in future.
Key Players Landscape and Outlook
The off-highway vehicle engine market participants include Deutz AG, Cummins Inc., Mahindra & Mahindra Ltd., Kubota Corporation, Caterpillar Inc., and Deere & Company. These market players in the off-highway vehicle engine market prioritized technological advancements and strategic partnerships to bolster market revenue and establish a strong position in the highly competitive market. This focus on innovation and collaboration is driven by the market's steady growth and increasing competition, with significant expansion expected in the future.
In April 2023, Caterpillar unveiled the Cat C13D, a new 13-liter off-diesel engine platform, designed to achieve best-in-class power density, torque, and fuel efficiency for heavy duty off-highway applications with power requirements from 456 to 690 hp. The engine was designed adequately to meet the emissions standards of higher regulated markets.
In March 2023, Kubota showcased its newly developed 3.8-liter hydrogen engine at CONEXPO- 2023. The engine, designed for industrial off-highway applications, is a four-cylinder unit with a power output of 85 kW. It operates solely on hydrogen, eliminating carbon dioxide emissions. Moreover, the engine's design is like that of gasoline engines, and it represents a significant step towards carbon neutrality and the use of alternative, environmentally friendly power sources in off-highway equipment.
Table of Contents
1. Research Methodology
2. Project Scope & Definitions
3. Executive Summary
4. Voice of Customer
- 4.1. Product and Market Intelligence
- 4.2. Mode of Brand Awareness
- 4.3. Factors Considered in Purchase Decisions
- 4.3.1. Price
- 4.3.2. Quality
- 4.3.3. Capacity
- 4.3.4. Fuel Type
- 4.3.5. Performance Efficacy
- 4.3.6. Durability
- 4.4. Consideration of Privacy & Safety Regulations
5. Global Off-Highway Vehicle Engine Market Outlook, 2017-2031F
- 5.1. Market Size & Forecast
- 5.1.1. By Value
- 5.1.2. By Volume
- 5.2. By Power Output
- 5.2.1. Under 50 Hp
- 5.2.2. Between 50 and 100 Hp
- 5.2.3. More than 100 Hp
- 5.3. By Fuel Type
- 5.3.1. Gasoline
- 5.3.2. Diesel
- 5.3.3. Others
- 5.4. By End-use Industry
- 5.4.1. Agriculture
- 5.4.2. Oil and Gas
- 5.4.3. Construction
- 5.4.4. Marine
- 5.4.5. Mining
- 5.4.6. Others
- 5.5. By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia-Pacific
- 5.5.4. South America
- 5.5.5. Middle East and Africa
- 5.6. By Company Market Share (%), 2023
6. Global Off-Highway Vehicle Engine Market Outlook, By Region, 2017-2031F
- 6.1. North America*
- 6.1.1. Market Size & Forecast
- 6.1.1.1. By Value
- 6.1.1.2. By Volume
- 6.1.2. By Power Output
- 6.1.2.1. Under 50 Hp
- 6.1.2.2. Between 50 and 100 Hp
- 6.1.2.3. More than 100 Hp
- 6.1.3. By Fuel Type
- 6.1.3.1. Gasoline
- 6.1.3.2. Diesel
- 6.1.3.3. Others
- 6.1.4. By End-use Industry
- 6.1.4.1. Agriculture
- 6.1.4.2. Oil and Gas
- 6.1.4.3. Construction
- 6.1.4.4. Marine
- 6.1.4.5. Mining
- 6.1.4.6. Others
- 6.1.5. United States*
- 6.1.5.1. Market Size & Forecast
- 6.1.5.1.1. By Value
- 6.1.5.1.2. By Volume
- 6.1.5.2. By Power Output
- 6.1.5.2.1. Under 50 Hp
- 6.1.5.2.2. Between 50 and 100 Hp
- 6.1.5.2.3. More than 100 Hp
- 6.1.5.3. By Fuel Type
- 6.1.5.3.1. Gasoline
- 6.1.5.3.2. Diesel
- 6.1.5.3.3. Others
- 6.1.5.4. By End-use Industry
- 6.1.5.4.1. Agriculture
- 6.1.5.4.2. Oil and Gas
- 6.1.5.4.3. Construction
- 6.1.5.4.4. Marine
- 6.1.5.4.5. Mining
- 6.1.5.4.6. Others
- 6.1.6. Canada
- 6.1.7. Mexico
- 6.1.1. Market Size & Forecast
All segments will be provided for all regions and countries covered
- 6.2. Europe
- 6.2.1. Germany
- 6.2.2. France
- 6.2.3. Italy
- 6.2.4. United Kingdom
- 6.2.5. Russia
- 6.2.6. Netherlands
- 6.2.7. Spain
- 6.2.8. Turkey
- 6.2.9. Poland
- 6.3. Asia-Pacific
- 6.3.1. India
- 6.3.2. China
- 6.3.3. Japan
- 6.3.4. Australia
- 6.3.5. Vietnam
- 6.3.6. South Korea
- 6.3.7. Indonesia
- 6.3.8. Philippines
- 6.4. South America
- 6.4.1. Brazil
- 6.4.2. Argentina
- 6.5. Middle East & Africa
- 6.5.1. Saudi Arabia
- 6.5.2. UAE
- 6.5.3. South Africa
7. Market Mapping, 2023
- 7.1. By Power Output
- 7.2. By Fuel Type
- 7.3. By End-use Industry
- 7.4. By Region
8. Macro Environment and Industry Structure
- 8.1. Demand Supply Analysis
- 8.2. Import Export Analysis
- 8.3. Value Chain Analysis
- 8.4. PESTEL Analysis
- 8.4.1. Political Factors
- 8.4.2. Economic System
- 8.4.3. Social Implications
- 8.4.4. Technological Advancements
- 8.4.5. Environmental Impacts
- 8.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
- 8.5. Porter's Five Forces Analysis
- 8.5.1. Supplier Power
- 8.5.2. Buyer Power
- 8.5.3. Substitution Threat
- 8.5.4. Threat from New Entrant
- 8.5.5. Competitive Rivalry
9. Market Dynamics
- 9.1. Growth Drivers
- 9.2. Growth Inhibitors (Challenges and Restraints)
10. Key Players Landscape
- 10.1. Competition Matrix of Top Five Market Leaders
- 10.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2023)
- 10.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
- 10.4. SWOT Analysis (For Five Market Players)
- 10.5. Patent Analysis (If Applicable)
11. Pricing Analysis
12. Case Studies
13. Key Players Outlook
- 13.1. Cummins Inc.
- 13.1.1. Company Details
- 13.1.2. Key Management Personnel
- 13.1.3. Products & Services
- 13.1.4. Financials (As reported)
- 13.1.5. Key Market Focus & Geographical Presence
- 13.1.6. Recent Developments
- 13.2. Caterpillar Inc.
- 13.3. Hitachi Construction Machinery Co. Ltd.
- 13.4. Mahindra & Mahindra Ltd.
- 13.5. Deutz AG
- 13.6. Kubota Corporation
- 13.7. Deere & Company
- 13.8. Komatsu Ltd.
- 13.9. AGCO Corporation
- 13.10. JC Bamford Excavators Ltd.
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.
14. Strategic Recommendations
15. About Us & Disclaimer
List of Tables
- Table 1. Pricing Analysis of Products from Key Players
- Table 2. Competition Matrix of Top 5 Market Leaders
- Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
- Table 4. About Us - Regions and Countries Where We Have Executed Client Projects
List of Figures
- Figure 1. Global Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 2. Global Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 3. Global Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 4. Global Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 5. Global Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 6. Global Off-Highway Vehicle Engine Market Share (%), By Region, 2017-2031F
- Figure 7. North America Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 8. North America Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 9. North America Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 10. North America Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 11. North America Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 12. North America Off-Highway Vehicle Engine Market Share (%), By Country, 2017-2031F
- Figure 13. United States Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 14. United States Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 15. United States Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 16. United States Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 17. United States Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 18. Canada Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 19. Canada Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 20. Canada Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 21. Canada Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 22. Canada Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 23. Mexico Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 24. Mexico Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 25. Mexico Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 26. Mexico Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 27. Mexico Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 28. Europe Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 29. Europe Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 30. Europe Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 31. Europe Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 32. Europe Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 33. Europe Off-Highway Vehicle Engine Market Share (%), By Country, 2017-2031F
- Figure 34. Germany Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 35. Germany Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 36. Germany Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 37. Germany Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 38. Germany Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 39. France Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 40. France Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 41. France Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 42. France Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 43. France Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 44. Italy Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 45. Italy Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 46. Italy Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 47. Italy Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 48. Italy Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 49. United Kingdom Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 50. United Kingdom Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 51. United Kingdom Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 52. United Kingdom Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 53. United Kingdom Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 54. Russia Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 55. Russia Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 56. Russia Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 57. Russia Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 58. Russia Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 59. Netherlands Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 60. Netherlands Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 61. Netherlands Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 62. Netherlands Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 63. Netherlands Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 64. Spain Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 65. Spain Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 66. Spain Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 67. Spain Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 68. Spain Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 69. Turkey Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 70. Turkey Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 71. Turkey Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 72. Turkey Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 73. Turkey Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 74. Poland Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 75. Poland Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 76. Poland Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 77. Poland Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 78. Poland Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 79. South America Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 80. South America Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 81. South America Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 82. South America Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 83. South America Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 84. South America Off-Highway Vehicle Engine Market Share (%), By Country, 2017-2031F
- Figure 85. Brazil Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 86. Brazil Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 87. Brazil Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 88. Brazil Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 89. Brazil Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 90. Argentina Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 91. Argentina Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 92. Argentina Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 93. Argentina Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 94. Argentina Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 95. Asia-Pacific Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 96. Asia-Pacific Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 97. Asia-Pacific Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 98. Asia-Pacific Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 99. Asia-Pacific Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 100. Asia-Pacific Off-Highway Vehicle Engine Market Share (%), By Country, 2017-2031F
- Figure 101. India Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 102. India Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 103. India Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 104. India Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 105. India Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 106. China Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 107. China Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 108. China Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 109. China Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 110. China Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 111. Japan Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 112. Japan Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 113. Japan Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 114. Japan Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 115. Japan Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 116. Australia Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 117. Australia Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 118. Australia Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 119. Australia Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 120. Australia Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 121. Vietnam Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 122. Vietnam Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 123. Vietnam Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 124. Vietnam Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 125. Vietnam Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 126. South Korea Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 127. South Korea Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 128. South Korea Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 129. South Korea Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 130. South Korea Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 131. Indonesia Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 132. Indonesia Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 133. Indonesia Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 134. Indonesia Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 135. Indonesia Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 136. Philippines Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 137. Philippines Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 138. Philippines Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 139. Philippines Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 140. Philippines Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 141. Middle East & Africa Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 142. Middle East & Africa Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 143. Middle East & Africa Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 144. Middle East & Africa Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 145. Middle East & Africa Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 146. Middle East & Africa Off-Highway Vehicle Engine Market Share (%), By Country, 2017-2031F
- Figure 147. Saudi Arabia Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 148. Saudi Arabia Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 149. Saudi Arabia Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 150. Saudi Arabia Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 151. Saudi Arabia Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 152. UAE Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 153. UAE Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 154. UAE Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 155. UAE Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 156. UAE Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 157. South Africa Off-Highway Vehicle Engine Market, By Value, in USD Billion, 2017-2031F
- Figure 158. South Africa Off-Highway Vehicle Engine Market, By Volume, in Thousand Units, 2017-2031F
- Figure 159. South Africa Off-Highway Vehicle Engine Market Share (%), By Power Output, 2017-2031F
- Figure 160. South Africa Off-Highway Vehicle Engine Market Share (%), By Fuel Type, 2017-2031F
- Figure 161. South Africa Off-Highway Vehicle Engine Market Share (%), By End-use Industry, 2017-2031F
- Figure 162. By Power Output Map-Market Size (USD Billion) & Growth Rate (%), 2023
- Figure 163. By Fuel Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
- Figure 164. By End-use Industry Map-Market Size (USD Billion) & Growth Rate (%), 2023
- Figure 165. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023
