Off Highway Vehicle Engine Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Automotive Off-Highway Engine Market is segmented by Power Output (Agricultural Machinery (up to 30 HP, 30-50 HP, 50-70 HP, and 70+ HP), Construction Machinery (up to 100 HP, 100-120 HP, 200-400 HP, 400+ HP), Fuel Type (Gasoline, Diesel, and Other Fuels), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The market size and value for the Off-highway vehicle engine market in terms of Value (USD billion) for all the above segments.

Off Highway Vehicle Engine Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Off Highway Vehicle Engine Industry Overview

The Off-highway Vehicle Engine Market is moderately consolidated as the majority of market shares are captured by some of the major players, like Yanmar Co. Ltd, Cummins, Deutz AG, Man Engines & Components Inc., Deere & Company, Caterpillar Inc., Volvo Penta, etc. The players operating in the market are focusing on various growth strategies to gain a competitive edge over other players. For instance,

  • September 2022: Guangxi Yuchai Machinery Group Co., Ltd. showcased its products at the 19th China-ASEAN Expo. Yuchai displayed the YCK08 diesel engine, which meets China 6 emission standards, in the outdoor exhibition area for intelligent equipment (construction machinery and vehicles).

Caterpillar Inc, Komatsu, Volvo CE, Hitachi Construction, John Deere, and Others are some of the key players in the market.

Off Highway Vehicle Engine Market Leaders

  1. Yanmar Co. Ltd

  2. Cummins Inc.

  3. Deutz AG

  4. MAN

  5. Volvo Penta

  6. *Disclaimer: Major Players sorted in no particular order
Off-Highway Vehicle Engine Market Concentration

Off Highway Vehicle Engine Market Report Snapshots

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