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The Off-road Engines category consists of compression-ignition engines (i.e. diesel engines) that are found in a wide variety of off-road applications such as agricultural, construction, and industrial, etc.
Scope of the Report:
This report focuses on the Off-road Engines in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
In the coming years there is an increasing demand for Off-road Engines in the regions of North America and Europe that is expected to drive the market for more advanced Off-road Engines. Growth in government budgets in the principal countries, increasing of construction fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on agricultural machinery, retrofitting and renovation of old technology, increasing adoption of Off-road Engines will drive growth in North America and Europe markets.
Globally, the Off-road Engines industry market is low concentrated as the manufacturing technology of Off-road Engines is relatively matures than some high-tech equipment. And some enterprises, like Cummins, Caterpillar, MAN, etc. are well-known for the wonderful performance of their Off-road Engines and related services. At the same time, Europe, occupied 26.72% revenue market share in 2015, is remarkable in the global Off-road Engines industry because of their market share and technology status of Off-road Engines.
The consumption volume of Off-road Engines is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Off-road Engines industry may not keep that fast. But it is surely forecasted that the market of Off-road Engines is still promising.
The worldwide market for Off-road Engines is expected to grow at a CAGR of roughly 0.4% over the next five years, will reach 21400 million US$ in 2023, from 20800 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Volvo Penta
- Weichai Power
- Kunming Yunnei Power
- Mitsubishi Heavy Industries Engine & Turbocharger
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Single-cylinder Engines
- Multi-cylinder Engines
Market Segment by Applications, can be divided into
- Agricultural Machinery
- Construction Machinery
There are 15 Chapters to deeply display the global Off-road Engines market.
Chapter 1, to describe Off-road Engines Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Off-road Engines, with sales, revenue, and price of Off-road Engines, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Off-road Engines, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Off-road Engines market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Off-road Engines sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source