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
  • Mahindra
  • AGCO
  • Zongshen Power Co.
  • Deutz
  • Yanmar
  • FPT Industrial
  • Weichai
  • JCB
  • Volvo
  • John Deere
  • Scania AB
  • Kohler
  • Mercury
  • Kubota
  • Loncin

Don't Need a Global Report?

save 40%! on Country & Region specific reports

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.

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

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.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

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

Don't Need a Global Report?

save 40%! on Country & Region specific reports

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

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

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

Competitive landscape highlights only certain players
Complete list available upon request

- 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.

- Also of Interest -

Recreational Off-Highway Vehicle Market

Recreational Off-Highway Vehicle Market Study by All-Terrain Vehicles, Utility Task Vehicles, and Snowmobiles for Sports, Agriculture, and Military from 2024 to 2034

Small Engine Market

Small Engine Market Study by Gasoline and Diesel for Domestic Use, Gardening/Landscape, Construction, Industrial, Small Vehicles, and Transportation from 2024 to 2034

Off-Highway Engine Market

Off-Highway Engine Market Study by Gasoline and Diesel for Construction & Mining Equipment, Agriculture & Forestry Equipment, Marine Engines, Gensets, ATVs, and Others from 2024 to 2034

Off-Highway Diesel Engine Market

Schedule a Call