Off-Highway Diesel Engine Market
Off-Highway Diesel Engine Market Study by Construction & Mining, Agriculture & Forestry, Landscape & Maintenance, Industrial Trucks, Power Sports, Marine, Gensets, and ATVs from 2024 to 2034
Analysis of Off-Highway Diesel Engine Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Off-Highway Diesel Engine Market Outlook (2024 to 2034)
Growing use of off-highway diesel engines in several industries, including construction, mining, agriculture, etc., is attributed to their consistent and efficient performance. The global off-highway diesel engine market size is calculated at US$ 111.82 billion in 2024 and is forecasted to increase at a CAGR of 6.6% to reach US$ 211.88 billion by the end of 2034.
Consistency in the performance of off-highway diesel engines in certain challenging circumstances, such as high altitude, vibration, adverse weather conditions, and dust is contributing to their popularity. This is estimated to contribute to their increased production and thus profitability. Moreover, these engines are also used in off-highway vehicles, including forklifts, backhoes, mixers, cranes, and excavators. They are ideal for heavy-duty specification in some applications.
Off-highway vehicles are motorized, and specifically designed for off-highway utilization, such as uneven terrains. They are used in construction and agriculture activities for multiple operations, including raw material transportation and multiple other construction and agricultural activities. These vehicles need specially designed engines for load-carrying and high power capacity.
Increasing use of off-highway diesel vehicles is owing to the growing sales of construction and agricultural machinery. Increased infrastructure activities and urbanization are generating demand for construction machinery. These factors are forecasted to result in a growing preference for construction and agricultural machinery, which is subsequently leading to rising demand for off-highway diesel engines around the world.
- North America is evaluated to capture 22.4% of the global off-highway diesel engine market share by 2034.
- Sales of off-highway diesel engines in South Korea are projected to rise at a CAGR of 8% from 2024 to 2034.
- Agriculture & forestry equipment is poised to hold 26.9% share of the global market by 2034-end.
Report Attribute | Detail |
---|---|
Off-Highway Diesel Engine Market Size (2024E) | US$ 111.82 Billion |
Forecasted Market Value (2034F) | US$ 211.88 Billion |
Global Market Growth Rate (2024 to 2034) | 6.6% CAGR |
Japan Market Growth Rate (2024 to 2034) | 8.4% CAGR |
Market Share of Above 250 HP Engines (2034F) | 26.68% |
East Asia Market Share (2034F) | 38.9% |
Key Companies Profiled |
|
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Which Aspects are Positively Transforming the Market for Off-Highway Diesel Engines?
“Growing Requirements for Off-Highway Diesel Engines in Several Industry Sectors”
Increasing requirements for high agricultural yield and calorie & protein-rich content are encountered. Cultivable land properties are also estimated to change with constantly changing environmental conditions. Rising global demand for food is estimated to be met through the expansion of agricultural land and higher production from current cultivatable land. Therefore, these factors are projected to generate demand for more effective agricultural equipment. Their ability to cover large areas and less dependency on manual labor is leading to the growing use of agricultural machines, which is subsequently generating demand for off-highway diesel engines.
“Increasing Demand for High Power Output and Compactness in Small Off-road Vehicles”
In recent years, a noteworthy increase in the demand for small off-road engines has been experienced because of their high power output and compactness. These engines are used in diverse fields. Rising requirements for boring units, power snowmobiles, and others are stimulating sales of off-highway diesel engines in the automotive industry.
Compactness of off-highway diesel engines is one of their key advantages. Surging emphasis on increased production in the agriculture sector is encouraging the farming workforce to adopt engines with smaller horsepower. They find application in power weeders, cultivators, rotary tillers, and small pumps. Increasing demand for off-highway diesel engines in agriculture, construction, and various other industries is driving their demand.
How is Off-Highway Diesel Engine Market Growth Being Restrained to Some Extent?
“Gradual Transition to Electric Vehicles Limiting Demand for Off-Highway Diesel Engines”
Increasing environmental concerns and efforts to minimize carbon emissions are stimulating the automotive industry to shift to electric vehicles and hybrid automobiles. This trend is anticipated to minimize demand for conventional off-highway diesel engines.
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Which Off-Highway Diesel Engine Market Trends are Startups Leveraging?
“Modular Units and Engine Downsizing Leading to Development of Cost-effective Products”
Growing preference for modular technology is projected to offer flexibility to develop, replace, and modify designs. This technology provides cost-reduction benefits. Powerful and more efficient small engines offering increased power density are projected to become a replacement for conventional large-displacement engines. Downsizing ensures weight reduction, reduced friction losses, and minimized emissions owing to less fuel consumption because of their lesser swept volume. Downsized and modular engines also minimize their maintenance, purchasing, and manufacturing costs.
Country-wise Insights
Fact.MR, a market research and competitive intelligence provider, through its newly updated study, reveals that East Asia is approximated to capture 38.9% share of global market revenue by 2034. Increasing infrastructure activities, including housing, road construction, etc., are expected to drive demand for construction equipment, such as off-highway diesel engines.
What is Pushing Demand for Off-Highway Diesel Engines in the United States?
“High Investments in the Automotive Industry”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 23.53 Billion |
Growth Rate (2024 to 2034) | 5.4% CAGR |
Projected Value (2034F) | US$ 39.96 Billion |
The United States is calculated to enjoy 84.2% share of the market in North America by 2034-end. The country is forecasted to hold a noteworthy share of the regional market with increased investments in the automotive sector. Various manufacturers are concentrating on producing diesel engines with more advanced features to make them more effective. Moreover, the increasing number of market players along with the expansion of the automotive industry is set to contribute to the expansion of the off-highway diesel engine market size in the coming decade.
Why is China Operating at the Forefront of the East Asian Market?
“Extensive Application of Off-Highway Diesel Engines in Various Sectors”
Attribute | China |
---|---|
Market Value (2024E) | US$ 32.2 Billion |
Growth Rate (2024 to 2034) | 7.5% CAGR |
Projected Value (2034F) | US$ 66.47 Billion |
China is approximated to account for 80.7% of the East Asian market share by 2034. The rising application of off-highway diesel engines in multiple applications, including landscape & maintenance, agriculture & forestry, construction, etc., is widening opportunities for market players. Further, the presence of some localized market players catering to domestic requirements is also anticipated to impact market growth positively.
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Category-wise Insights
Fact.MR, through its newly updated market report, reveals that off-highway diesel engines of above 250 HP find application in various equipment because of their ability to generate high power and high load-carrying capacity.
Why are Off-Highway Diesel Engines of Above 250 HP More Popular?
“Use of Off-Highway Diesel Engines Above 250 HP in Several Equipment”
Attribute | Above 250 HP |
---|---|
Segment Value (2024E) | US$ 26.89 Billion |
Growth Rate (2024 to 2034) | 7.7% CAGR |
Projected Value (2034F) | US$ 56.53 Billion |
Off-highway diesel engines of above 250 HP are anticipated to hold 26.68% share of the global market by 2034-end. These engines are used in the construction, manufacturing, mining, agriculture, and power sports. Their utilization in power sports vehicles, agricultural equipment, heavy commercial equipment, marine engines, etc., is attributed to their efficiency, which is contributing to increased popularity.
Why are Off-Highway Diesel Engines Preferred More in Agriculture & Forestry Equipment?
“Agricultural Mechanization Driving Demand for Off-Highway Diesel Engines”
Attribute | Agriculture & Forestry Equipment |
---|---|
Segment Value (2024E) | US$ 29.98 Billion |
Growth Rate (2024 to 2034) | 6.6% CAGR |
Projected Value (2034F) | US$ 57.05 Billion |
Agriculture & forestry equipment is expected to account for 26.9% share of global market revenue by the end of 2034. Growing awareness among more farmers across potentially high growth countries about the benefits of using agricultural machinery is driving demand for off-highway diesel engines for their effective operation. Further, supportive government initiatives, including agricultural mechanization programs, etc., are contributing to the increased requirements for agricultural equipment, such as tractors, heavy-duty combine harvesters, etc.
Competitive Landscape
Diesel engines with minimal emissions are becoming the primary point of concentration among more manufacturers due to their understanding of the situation. The use of advanced technologies, including particulate filters, selective catalytic reduction systems, oxidation catalysts, etc., is projected to help them in minimizing emissions. Various market players are adopting multiple strategies, such as new product launches, capacity expansion, offering quality products, partnerships, managing supply chain systems, etc., to expand their product portfolio and reach around the world.
Key players in the off-highway diesel engine market include Mahindra, AGCO, Zongshen Power Co., Deutz, Yanmar, FPT Industrial, Weichai, JCB, Volvo, John Deere, Scania AB, Kohler, Mercury, Kubota, and Loncin.
Segmentation of Off-Highway Diesel Engine Market Research
-
By Engine Type :
- Up to 2L
- 2.1 to 4 L
- 4.1 to 8L
- 8.1 to 12L
- 12.1 to 16L
- 16.1 to 20L
- 20.1 to 24L
- Above 24L
-
By Power Output :
- <50 HP
- 50 HP to 80 HP
- 80.1 HP to 120 HP
- 120.1 HP to 150 HP
- 150.1 HP to 200 HP
- 200.1 HP to 250 HP
- Above 250 HP
-
By Application :
- Construction & Mining Equipment
- Agriculture & Forestry Equipment
- Landscape & Maintenance Equipment
- Industrial Trucks
- Power Sports
- Marine
- Gensets
-
By Region :
- North America
- Western Europe
- Eastern Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Pacific
Table of Content
1. Executive Summary 2. Industry Introduction 2.1. Market Taxonomy 2.2. Market Definition 3. Market Trends and Success Factors 4. Market Background 4.1. Macro-economic and Industry Outlook 4.2. Market Dynamics 4.3. Value Chain Analysis 4.4. List of Key Market Participants (Manufacturers/Channel Partners) 4.5. Analysis of Key Industry Matrices 4.6. Industry Development Roadmap 5. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034 5.1. Historical Market Volume Analysis 5.2. Future Market Volume Projections 6. Pricing Analysis 7. Global Market Value (US$) Analysis 2019 to 2023 and Forecast 2024 to 2034 7.1. Historical Sales Analysis 7.2. Future Market Size and Growth Projections 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 by Engine Type 8.1. Up to 2L 8.2. 2.1 to 4 L 8.3. 4.1 to 8L 8.4. 8.1 to 12L 8.5. 12.1 to 16L 8.6. 16.1 to 20L 8.7. 20.1 to 24L 8.8. Above 24L 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 by Power Output 9.1. <50 HP 9.2. 50 HP to 80 HP 9.3. 80.1 HP to 120 HP 9.4. 120.1 HP to 150 HP 9.5. 150.1 HP to 200 HP 9.6. 200.1 HP to 250 HP 9.7. Above 250 HP 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 by Application 10.1. Construction & Mining Equipment 10.2. Agriculture & Forestry Equipment 10.3. Landscape & Maintenance Equipment 10.4. Industrial Trucks 10.5. Power Sports 10.6. Marine 10.7. Gensets 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. East Asia 11.6. South Asia and Pacific 11.7. Middle East and Africa 12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034 by Key Market Segments 12.1. Sales Analysis and Projections by Engine Type 12.2. Sales Analysis and Projections by Power Output 12.3. Sales Analysis and Projections by Application 12.4. Sales Analysis and Projections for 3 Key Countries 13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034 by Key Market Segments 13.1. Sales Analysis and Projections by Engine Type 13.2. Sales Analysis and Projections by Power Output 13.3. Sales Analysis and Projections by Application 13.4. Sales Analysis and Projections for 3 Key Countries 14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034 by Key Market Segments 14.1. Sales Analysis and Projections by Engine Type 14.2. Sales Analysis and Projections by Power Output 14.3. Sales Analysis and Projections by Application 14.4. Sales Analysis and Projections for 8 Key Countries 15. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034 by Key Market Segments 15.1. Sales Analysis and Projections by Engine Type 15.2. Sales Analysis and Projections by Power Output 15.3. Sales Analysis and Projections by Application 15.4. Sales Analysis and Projections for 5 Key Countries 16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034 by Key Market Segments 16.1. Sales Analysis and Projections by Engine Type 16.2. Sales Analysis and Projections by Power Output 16.3. Sales Analysis and Projections by Application 16.4. Sales Analysis and Projections for 3 Key Countries 17. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034 by Key Market Segments 17.1. Sales Analysis and Projections by Engine Type 17.2. Sales Analysis and Projections by Power Output 17.3. Sales Analysis and Projections by Application 17.4. Sales Analysis and Projections for 4 Key Countries 18. Middle East and Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034 by Key Market Segments 18.1. Sales Analysis and Projections by Engine Type 18.2. Sales Analysis and Projections by Power Output 18.3. Sales Analysis and Projections by Application 18.4. Sales Analysis and Projections for 6 Key Countries 19. Sales Analysis 2024 & 2034 by Key Market Segments for 30 Countries 19.1. Sales Analysis by Engine Type 19.2. Sales Analysis by Power Output 19.3. Sales Analysis by Application 20. Competition Outlook 20.1. Market Structure Analysis 20.2. Company Share Analysis by Key Players 20.3. Competition Dashboard 21. Company Profile 21.1. Mahindra 21.2. AGCO 21.3. Zongshen Power Co. 21.4. Deutz 21.5. Yanmar 21.6. FPT Industrial 21.7. Weichai 21.8. JCB 21.9. Volvo 21.10. John Deere 21.11. Scania AB 21.12. Kohler 21.13. Mercury 21.14. Kubota 21.15. Loncin 22. Assumptions and Acronyms Used 23. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Power Output, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Power Output, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Power Output, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Engine Type, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Engine Type, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Engine Type, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Power Output, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Power Output, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Power Output, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Engine Type, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Engine Type, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Engine Type, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Power Output, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Power Output, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Power Output, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Engine Type, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Engine Type, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Engine Type, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Power Output, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Power Output, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Power Output, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Engine Type, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Engine Type, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Engine Type, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Power Output, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Power Output, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Power Output, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Engine Type, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Engine Type, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Engine Type, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Power Output, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Power Output, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Power Output, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Engine Type, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Engine Type, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Engine Type, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Power Output, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Power Output, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Power Output, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Engine Type, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Engine Type, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Engine Type, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Power Output, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Power Output, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Power Output, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Engine Type, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Engine Type, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Engine Type, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Power Output, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Power Output, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Power Output, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Engine Type, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Engine Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Engine Type, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Power Output, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Power Output, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Power Output, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Engine Type, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Engine Type, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Engine Type, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Power Output, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Power Output, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Power Output, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Engine Type, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Engine Type, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Engine Type, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Power Output, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Power Output, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Power Output, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Engine Type, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Engine Type, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Engine Type, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Power Output, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Power Output, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Power Output, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Engine Type, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Engine Type, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Engine Type, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Power Output, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Power Output, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Power Output, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Engine Type, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Engine Type, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Engine Type, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Power Output, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Power Output, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Power Output, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Engine Type, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Engine Type, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Engine Type, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Power Output, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Power Output, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Power Output, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Engine Type, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Engine Type, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Engine Type, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Know thy Competitors
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- FAQs -
How big is the size of the off-highway diesel engine market in 2024?
The global off-highway diesel engine market is calculated at US$ 111.82 billion in 2024.
What is the sales projection for off-highway diesel engines for 2034?
Global demand for off-highway diesel engines is anticipated to reach a market value of US$ 211.88 billion by 2034.
What is the forecasted growth rate for the global market?
The global market is expected to expand at a CAGR of 6.6% from 2024 to 2034.
What is the contribution of East Asia to global market revenue share?
East Asia is approximated to account for 38.9% share of the global market by 2034.
What is the projected CAGR for the market in South Korea?
Sales of off-highway diesel engines in South Korea are calculated to climb at 8% CAGR from 2024 to 2034.
What is the market scenario for agriculture & forestry equipment engines?
The agriculture & forestry equipment segment poised to rise at 6.6% CAGR and reach US$ 57.05 billion by 2034-end.
How much share of the global market are off-highway diesel engines above 250 HP evaluated to account for?
Off-highway diesel engines above 250 HP are approximated to hold 26.68% share of the global market by 2034.