Off-Highway Engine Market – 2019 Trends, Size, Share, Growth Insight, Competitive Analysis, Regional, And Global Forecast To 2023

Off-Highway Engine Market is segmented by Power Output (30-100 HP, 100-400 HP, above 400 HP), by Engine Capacity (10 Liter), by Fuel Type (Diesel, Gasoline & Others) and by Region - Forecast till 2023.

Pune, India - April 1, 2019 /MarketersMedia/ —

Off-Highway Engine Market to rise at 9% growth rate and reach remarkable market value during 2019 and 2023 due to increasing population leads to the need for automation and mass scale production. Secondly, greater productivity can be achieved using advanced machinery, which works on off-highway engines, thus saving time, according to Global Off-Highway Engine Market 2019 Industry Report published by "Market Research Future".

Key Players Profiled in the latest report by Market Research Future include:

The key players in automotive off-highway engine market are Caterpillar Inc. (U.S.), Cummins Inc. (U.S.), Deutz AG (Germany), Kubota Corporation (Japan), Volvo Group (Sweden), and Mahindra and Mahindra Limited (India). Deere & Company (U.S.), J.C. Bamford Excavators Limited (U.K.), AGCO Corporation (U.S.), and Massey Ferguson Limited (U.S.) are among others.

Get Free Sample Off-Highway Engine Market Research Report - Global Forecast to 2022 Report at: https://www.marketresearchfuture.com/sample_request/5964

Off-Highway Engine Market Overview:

The highly competitive market of the automotive off-highway engine is dependent on automobile sales and is driven by the increase in the production in the segment.  The market appears to be highly competitive and fragmented. A number of large and small key players are operating in the market, churning the competition.  To maintain their market position these players incorporate collaboration, acquisition, partnership, technology launch, and expansion.

The competitive nature of this market is envisaged to intensify as more engine models enter the mass market, which seems to be inevitable in the wake of increasing demand for these vehicles. These players emphasis upon new product development initiatives, and geographical expansion. The market is anticipated to witness relentless innovations and development of new products that will eventually result in intense competition among the engine manufacturers. The key manufacturers strive to develop products with the adept technologies, unrivaled design, and features.

Automotive off-highway engine refers to the engine of specialty vehicles manufactured according to the requirement in fields such as agriculture, construction, and oil refineries. Often, these specialty vehicles are custom made according to the requirement of the niche operation, for which the vehicle is to be used. Some of the types of specialty vehicles include Tractor, Unimog, Plow, Trailed sprayer, Round baler, Backhoe loader, Tree Trimmer excavators and mining trucks. Based on the parameters such as the power and load requirement of the operation, these off-highway automotive engines are designed.

Labor cost can be reduced with the use of these engines leading to a decrease in the production cost in any field of operation. The global automotive off-highway engine market is expected to expand with a CAGR of approx. 9% (2017 to 2023).

Segmental Analysis:

The Global Automotive Off-Highway Engine Market is segmented into flour key dynamics for an easy grasp and enhanced understanding.

By Power Output:  Comprises - 30-100 HP, 100-400 HP, above 400 HP.

By Engine Capacities:  10 Litre.

By Fuel Types:  Diesel and Gasoline among others.

By Regions:  North America, Europe, APAC and Rest-of-the-World (RoW).

Detailed Regional Analysis:

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific market is expected to drive the growth of Off-Highway engines. The automotive industry in this region is being driven by countries such as India, China, and Japan. The automation research hub of Asia – Japan leads the region in market innovation. The increasing automation in sectors such as agriculture and construction in a growing economy like India, is leading to increased demand for high powered off-highway engines. The increased preference for large-scale agriculture activities such as harvesting, plowing, and sowing, among farmers, increases the demand for high-performance off-highway engines. This can be customized according to the power output requirement.

TABLE OF CONTENTS:

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 RESEARCH OBJECTIVES

2.2.2 ASSUMPTIONS & LIMITATIONS

2.3 MARKETS STRUCTURE

3 MARKET RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 SECONDARY RESEARCH

3.3 PRIMARY RESEARCH

3.4 FORECAST MODEL

4 MARKET LANDSCAPE

4.1 FIVE FORCES ANALYSIS

4.1.1 THREAT OF NEW ENTRANTS

4.1.2 BARGAINING POWER OF BUYERS

4.1.3 BARGAINING POWER OF SUPPLIERS

4.1.4 THREAT OF SUBSTITUTES

4.1.5 SEGMENT RIVALRY

4.2 VALUE CHAIN/SUPPLY CHAIN OF GLOBAL OFF-HIGHWAY ENGINE MARKET

5 INUSTRY OVERVIEW OF GLOBAL OFF-HIGHWAY ENGINE MARKET

5.1 INTRODUCTION

5.2 GROWTH DRIVERS

5.3 IMPACT ANALYSIS

5.4 MARKET CHALLENGES

Continued...

LIST OF TABLES:

TABLE 1 GLOBAL OFF-HIGHWAY ENGINE MARKET: BY REGION, 2017-2023

TABLE 2 NORTH AMERICA OFF-HIGHWAY ENGINE MARKET: BY COUNTRY, 2017-2023

TABLE 3 EUROPE OFF-HIGHWAY ENGINE MARKET: BY COUNTRY, 2017-2023

TABLE 4 ASIA PACIFIC OFF-HIGHWAY ENGINE MARKET: BY COUNTRY, 2017-2023

TABLE 5 MIDDLE EAST & AFRICA OFF-HIGHWAY ENGINE MARKET: BY COUNTRY, 2017-2023

TABLE 6 LATIN AMERICA OFF-HIGHWAY ENGINE MARKET: BY COUNTRY, 2017-2023

Continued...

LIST OF FIGURES:

FIGURE 1 GLOBAL OFF-HIGHWAY ENGINE MARKET SEGMENTATIONFIGURE 2 FORECAST METHODOLOGY

FIGURE 3 FIVE FORCES ANALYSIS OF GLOBAL OFF-HIGHWAY ENGINE MARKET

FIGURE 4 VALUE CHAIN OF GLOBAL OFF-HIGHWAY ENGINE MARKET

FIGURE 5 SHARE OF GLOBAL OFF-HIGHWAY ENGINE MARKET IN 2017, BY COUNTRY (IN %)

FIGURE 6 GLOBAL OFF-HIGHWAY ENGINE MARKET, 2017-2023,

Continued...

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