An off-road vehicle is considered to be any type of vehicle which is capable of driving on and off paved or gravel surface. It is generally characterized by having large tires with deep, open treads, a flexible suspension, or even caterpillar tracks.
Market Data Analysis:
The Off-Road Engines market is projected to be valued at USD 20,040 million in 2019 and is anticipated to generate revenue of USD 20,623 million by the end of 2026, progressing at a GAGR of 0.41% between 2019 and 2026. According to the report, one of the key drivers is the growing demand for Off-Road Engines in various applications such as Agriculture Machinery, Garden Machinery, Commercial Vehicle, and Engineering Machinery. With the recovery of the global economy and the development of emerging powers, the Off-Road Engines market is endowed with a promising future.
Asia-Pacific was the major revenue generating region in 2018 with a share of 45.68% and is expected to garner growth in the coming years. North America is currently leading Europe with a share of 25.61% and 22.98%. Growth in government budgets in the principal countries, more-intense competition, launches in introducing new products, and the increasing adoption of Off-road Engines are projected to boost the growth of the market in those regions.
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Market Classification:
Global Off-Road Engines market: Type segments
l Single-Cylinder Diesel Engines
l Multi-Cylinder Diesel Engines
Global Off-Road Engines market: Application segments
l Agriculture Machinery
l Garden Machinery
l Commercial Vehicle
l Engineering Machinery
l Ships
l Generator
l Other
Global Off-Road Engines market: regional segments
l North America (United States, Canada, and Mexico)
l Europe (Germany, France, UK, Russia, and Italy)
l Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
l South America (Brazil, Argentina, Columbia)
l The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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To gain insight into the competitive landscape, the report includes an overview of key players in the Off-Road Engines market, including Deutz, Perkins, Cummins, Isuzu, Mitsubishi Heavy Industries, China Yuchai International Limited, Weichai Power, Jinan Diesel Engine, Kunming Yunnei Power, Anhui Quanchai Engine, Beiqi Foton, Jiangsu Jianghuai Engine, etc. These participants have adopted various growth strategies to meet the growing demand for Off-Road Engines market and to increase their market share.
Off-Road Engines Market Intended Audience:
l Off-Road Engines manufacturers
l Off-Road Engines importers and exporters
l Off-Road Engines traders, distributors, and suppliers
l Raw material suppliers of Off-Road Engines
l Off-Road Engines industry associations
l Product managers, Off-Road Engines industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Off-Road Engines Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Off-Road Engines Market by Types
4 Segmentation of Off-Road Engines Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Off-Road Engines Market in Major Countries
7 North America Off-Road Engines Landscape Analysis
8 Europe Off-Road Engines Landscape Analysis
9 Asia Pacific Off-Road Engines Landscape Analysis
10 Latin America, Middle East & Africa Off-Road Engines Landscape Analysis
11 Major Players Profile
11.1 Deutz
11.1.1 Deutz Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Perkins
11.3 Cummins
11.4 Isuzu
11.5 Mitsubishi Heavy Industries
11.6 China Yuchai International Limited
11.7 Weichai Power
11.8 Jinan Diesel Engine
11.9 Kunming Yunnei Power
11.10 Anhui Quanchai Engine
11.11 Beiqi Foton
11.12 Jiangsu Jianghuai Engine
…
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