The Off-highway Vehicle Engine Market is expected to register a CAGR of 7.61% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Off-highway Vehicle Engine Market Report is segmented by Machinery Type, including Construction Machinery, Agricultural Machinery, and Mining Machinery. It is also segmented by Fuel Type into Diesel, Gasoline, and Others. The market is analyzed by End-User sectors such as Construction, Agriculture, and Mining. The regional analysis includes key countries with insights into the global landscape. The market evaluation is presented in US$ for the above segmental analysis, with projections through 2031.
The report Off-highway Vehicle Engine Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
The regional trends and factors influencing the Off-highway Vehicle Engine Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Off-highway Vehicle Engine Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ XX million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2025 - 2031) | 7.61% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Machinery
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Off-highway Vehicle Engine Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Off-highway Vehicle Engine Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The research report on the Off-highway Vehicle Engine Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The key players involved are AB Volvo, Caterpillar Inc., Cummins Inc., Deere & Company, DEUTZ AG, Komatsu Ltd., KUBOTA Corporation, Mahindra & Mahindra Ltd., Mahindra Powertrain Division, Man SE, YANMAR CO., LTD.,
The market is expected to register a CAGR of 7.61% during 2023–2031.
Key trends in the market include clean and efficient engines and adoption of high-level technologies like hybrid powertrains.
Increased infrastructure projects, mechanization in agriculture, and demand for fuel-efficient and eco-friendly engines are the major drivers of the market.