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Off-highway Vehicle Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

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    Report

  • 223 Pages
  • November 2022
  • Region: Global
  • Transparency Market Research
  • ID: 5710007

Off-highway Vehicle Market - Scope of Report

This report on the global off-highway vehicle market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global off-highway vehicle market for the period 2017-2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global off-highway vehicle market from 2022 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the off-highway vehicle market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global off-highway vehicle market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global off-highway vehicle market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global off-highway vehicle market.

The report delves into the competitive landscape of the global off-highway vehicle market. Key players operating in the global off-highway vehicle market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global off-highway vehicle market profiled in this report.

RESEARCH METHODOLOGY

The research methodology will be a combination of exhaustive primary and secondary research to analyze the market off-highway vehicle.

Secondary Research

Secondary research includes a search of company literature, technical writing, patent data, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that we typically refer, but are not limited to:

  • Company websites, presentations, annual reports, white papers, technical paper, product brochure
  • Internal and external proprietary databases and relevant patents
  • National government documents, statistical databases, and market reports
  • News articles, press releases, and webcasts specific to companies operating in the market

Specific Secondary Sources:

Industry Sources:

  • WorldWideScience.org
  • Elsevier, Inc
  • National Institutes of Health (NIH)
  • PubMed
  • NCBI
  • Department of Health Care Service
  • Trade Data Sources
  • Trade Map
  • UN Comtrade
  • Trade Atlas
  • Company Information
  • OneSource Business Browser
  • Hoover’s
  • Factiva
  • Bloomberg
  • Mergers & Acquisitions
  • Thomson Mergers & Acquisitions
  • MergerStat
  • Profound

Primary Research

During the course of research, we conduct in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents bulk of research efforts, supplemented by extensive secondary research.

The publisher conducts primary interviews on the ongoing basis with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically take part in such a process include, but are not limited to:

  • Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
  • Purchasing/Sourcing managers, technical personnel, distributors
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry verticals

List of primary participants, but not limited to:

  • Advanced Oncotherapy PLC
  • Danfysik A/S
  • Hitachi, Ltd
  • IBA Worldwide
  • Mevion Medical Systems, Inc
Data Triangulation: Information culled from “Secondary & Primary Sources” is cross-checked with the publisher's “Knowledge Repository”, which is updated every quarter.

Market Estimation: Market size estimations involved in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we employed modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:

Demographic Data: Healthcare expenditure, inflation rates, and others

Industry Indicators: R&D investment, technology stage, and infrastructure, sector growth, and facilities

Market Forecasting: Market forecasts for various segments are derived taking into account drivers, restraints/challenges, and opportunities prevailing in the market and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise surgery data are some of the other pivotal factors, which are considered to derive market forecasts.

Table of Contents

1. Executive Summary
1.1. Market Outlook
1.1.1. Market Value US$ Mn, 2017-2031
1.2. Demand & Supply Side Trends
1.3. Analysis and Recommendations
1.3.1. Investment Opportunities and Recommendations
1.4. Competitive Dashboard Analysis


2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Opportunity
2.3. Market Factor Analysis
2.3.1. Porter’s Five Force Analysis
2.3.2. SWOT Analysis
2.4. Regulatory Scenario
2.5. Key Trend Analysis
2.6. Technology Milestones
2.7. Technical Standards by key players
2.7.1. Regional


3. Electrification Strategies by key OEMs
3.1. Growth Strategy Adopted
3.2. Tie-up with technology/ tier-1 suppliers
3.3. Service Providers for OEMs


4. Who Supplies Whom
4.1. List of Propulsion Suppliers
4.1.1. OEM customers of components
4.1.2. Electric Propulsion System Propulsion Suppliers


5. Key Player Analysis
5.1. Heat map of Key Players
5.2. Strategic Overview by Key Players
5.3. R&D Expenditure by OEMs for electric vehicles
5.4. Top models by key OEMs for Commercial & off-highway vehicles
5.5. Testing Partners - component level, system level, vehicle level


6. Industry Ecosystem Analysis
6.1. Value Chain Analysis
6.1.1. Propulsion Manufacturer
6.1.2. Tier 1 Players
6.1.3. 0.5 Tier Players/ Technology Providers
6.2. Vendor Matrix
6.3. Gross Margin Analysis


7. Pricing Analysis
7.1. Cost Structure Analysis
7.2. Profit Margin Analysis


8. Impact Analysis - Off-Highway Vehicle Market
8.1. Smart City Development Projects
8.2. Road & Infrastructure Development
8.3. Urbanization & Demand for Construction & Mining
8.4. Global Increase in Population Outlook


9. COVID-19 Impact Analysis - Off-Highway Vehicle Market10. Off-Highway Vehicle Market - Production Statistics11. Off-Highway Vehicle Market - Primary Insights
12. Global Off-highway Vehicle Market, By Vehicle Type
12.1. Market Snapshot
12.1.1. Introduction, Definition, and Key Findings
12.1.2. Market Growth & Y-o-Y Projections
12.1.3. Base Point Share Analysis
12.2. Global Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
12.2.1. Construction & Mining Equipment
12.2.1.1. Excavators
12.2.1.2. Backhoe loaders
12.2.1.3. Skid steer loaders
12.2.1.4. Dumpers
12.2.1.5. Bulldozers
12.2.1.6. Motor graders
12.2.1.7. Road rollers
12.2.1.8. Pavers
12.2.1.9. Cold planers
12.2.1.10. Drilling equipment
12.2.1.11. Piling equipment
12.2.1.12. Tunnel boring machines and equipment
12.2.1.13. Demolition equipment
12.2.1.14. Mixer trucks
12.2.1.15. Formwork equipment
12.2.1.16. Scaffolding equipment
12.2.1.17. Dump trucks
12.2.1.18. Underground mining equipment
12.2.1.19. Forestry Equipment
12.2.1.20. Trailers
12.2.1.21. Other construction & mining equipment material
12.2.2. Agriculture
12.2.2.1. Agriculture Equipment
12.2.2.2. Tractor
12.2.3. Material Handling Vehicles
12.2.4. Military Vehicles


13. Global Off-highway Vehicle Market, By Propulsion
13.1. Market Snapshot
13.1.1. Introduction, Definition, and Key Findings
13.1.2. Market Growth & Y-o-Y Projections
13.1.3. Base Point Share Analysis
13.2. Global Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
13.2.1. IC-Engine
13.2.1.1. Gasoline
13.2.1.2. Diesel
13.2.2. Electric
13.2.2.1. Battery Electric Vehicle
13.2.2.2. Hybrid Electric Vehicle


14. Global Off-highway Vehicle Market, By Engine Capacity
14.1. Market Snapshot
14.1.1. Introduction, Definition, and Key Findings
14.1.2. Market Growth & Y-o-Y Projections
14.1.3. Base Point Share Analysis
14.2. Global Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
14.2.1. Less than 5L
14.2.2. 5L to 10L
14.2.3. More than 10L


15. Global Off-highway Vehicle Market, By Power Output
15.1. Market Snapshot
15.1.1. Introduction, Definition, and Key Findings
15.1.2. Market Growth & Y-o-Y Projections
15.1.3. Base Point Share Analysis
15.2. Global Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
15.2.1. Agricultural Equipment
15.2.1.1. Up to 25 KW
15.2.1.2. 26-50 KW
15.2.1.3. 51-75 KW
15.2.1.4. More than 76 KW
15.2.2. Construction & Mining Equipment
15.2.2.1. Up to 75 KW
15.2.2.2. 76-150 KW
15.2.2.3. 151-300 KW
15.2.2.4. 301-400 KW
15.2.2.5. More than 400 KW
15.2.3. Others


16. Global Off-highway Vehicle Market, By Country
16.1. Market Snapshot
16.1.1. Introduction, Definition, and Key Findings
16.1.2. Market Growth & Y-o-Y Projections
16.1.3. Base Point Share Analysis
16.2. Global Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Country
16.2.1. North America
16.2.2. Western Europe
16.2.3. Eastern Europe
16.2.4. China
16.2.5. Asia Pacific (Except China)
16.2.6. Middle East & Africa
16.2.7. Latin America


17. North America Off-highway Vehicle Market
17.1. Market Snapshot
17.2. North America COVID-19 Impact Analysis & Government Countermeasures
17.3. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
17.3.1. Construction & Mining Equipment
17.3.1.1. Excavators
17.3.1.2. Backhoe loaders
17.3.1.3. Skid steer loaders
17.3.1.4. Dumpers
17.3.1.5. Bulldozers
17.3.1.6. Motor graders
17.3.1.7. Road rollers
17.3.1.8. Pavers
17.3.1.9. Cold planers
17.3.1.10. Drilling equipment
17.3.1.11. Piling equipment
17.3.1.12. Tunnel boring machines and equipment
17.3.1.13. Demolition equipment
17.3.1.14. Mixer trucks
17.3.1.15. Formwork equipment
17.3.1.16. Scaffolding equipment
17.3.1.17. Dump trucks
17.3.1.18. Underground mining equipment
17.3.1.19. Forestry Equipment
17.3.1.20. Trailers
17.3.1.21. Other construction & mining equipment material
17.3.2. Agriculture
17.3.2.1. Agriculture Equipment
17.3.2.2. Tractor
17.3.3. Material Handling Vehicles
17.3.4. Military Vehicles
17.4. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
17.4.1. IC-Engine
17.4.1.1. Gasoline
17.4.1.2. Diesel
17.4.2. Electric
17.4.2.1. Battery Electric Vehicle
17.4.2.2. Hybrid Electric Vehicle
17.5. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
17.5.1. Less than 5L
17.5.2. 5L to 10L
17.5.3. More than 10L
17.6. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
17.6.1. Agricultural Equipment
17.6.1.1. Up to 25 KW
17.6.1.2. 26-50 KW
17.6.1.3. 51-75 KW
17.6.1.4. More than 76 KW
17.6.2. Construction & Mining Equipment
17.6.2.1. Up to 75 KW
17.6.2.2. 76-150 KW
17.6.2.3. 151-300 KW
17.6.2.4. 301-400 KW
17.6.2.5. More than 400 KW
17.6.3. Others
17.7. Key Country Analysis - North America Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
17.7.1. U.S.
17.7.2. Canada


18. Western Europe Off-highway Vehicle Market
18.1. Market Snapshot
18.2. Europe COVID-19 Impact Analysis & Government Countermeasures
18.3. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
18.3.1. Construction & Mining Equipment
18.3.1.1. Excavators
18.3.1.2. Backhoe loaders
18.3.1.3. Skid steer loaders
18.3.1.4. Dumpers
18.3.1.5. Bulldozers
18.3.1.6. Motor graders
18.3.1.7. Road rollers
18.3.1.8. Pavers
18.3.1.9. Cold planers
18.3.1.10. Drilling equipment
18.3.1.11. Piling equipment
18.3.1.12. Tunnel boring machines and equipment
18.3.1.13. Demolition equipment
18.3.1.14. Mixer trucks
18.3.1.15. Formwork equipment
18.3.1.16. Scaffolding equipment
18.3.1.17. Dump trucks
18.3.1.18. Underground mining equipment
18.3.1.19. Forestry Equipment
18.3.1.20. Trailers
18.3.1.21. Other construction & mining equipment material
18.3.2. Agriculture
18.3.2.1. Agriculture Equipment
18.3.2.2. Tractor
18.3.3. Material Handling Vehicles
18.3.4. Military Vehicles
18.4. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
18.4.1. IC-Engine
18.4.1.1. Gasoline
18.4.1.2. Diesel
18.4.2. Electric
18.4.2.1. Battery Electric Vehicle
18.4.2.2. Hybrid Electric Vehicle
18.5. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
18.5.1. Less than 5L
18.5.2. 5L to 10L
18.5.3. More than 10L
18.6. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
18.6.1. Agricultural Equipment
18.6.1.1. Up to 25 KW
18.6.1.2. 26-50 KW
18.6.1.3. 51-75 KW
18.6.1.4. More than 76 KW
18.6.2. Construction & Mining Equipment
18.6.2.1. Up to 75 KW
18.6.2.2. 76-150 KW
18.6.2.3. 151-300 KW
18.6.2.4. 301-400 KW
18.6.2.5. More than 400 KW
18.6.3. Others
18.7. Key Country Analysis - Western Europe Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
18.7.1. Germany
18.7.2. U. K.
18.7.3. France
18.7.4. Italy
18.7.5. Spain
18.7.6. Nordic Countries
18.7.7. Rest of Europe


19. Eastern Europe Off-highway Vehicle Market
19.1. Market Snapshot
19.2. Europe COVID-19 Impact Analysis & Government Countermeasures
19.3. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
19.3.1. Construction & Mining Equipment
19.3.1.1. Excavators
19.3.1.2. Backhoe loaders
19.3.1.3. Skid steer loaders
19.3.1.4. Dumpers
19.3.1.5. Bulldozers
19.3.1.6. Motor graders
19.3.1.7. Road rollers
19.3.1.8. Pavers
19.3.1.9. Cold planers
19.3.1.10. Drilling equipment
19.3.1.11. Piling equipment
19.3.1.12. Tunnel boring machines and equipment
19.3.1.13. Demolition equipment
19.3.1.14. Mixer trucks
19.3.1.15. Formwork equipment
19.3.1.16. Scaffolding equipment
19.3.1.17. Dump trucks
19.3.1.18. Underground mining equipment
19.3.1.19. Forestry Equipment
19.3.1.20. Trailers
19.3.1.21. Other construction & mining equipment material
19.3.2. Agriculture
19.3.2.1. Agriculture Equipment
19.3.2.2. Tractor
19.3.3. Material Handling Vehicles
19.3.4. Military Vehicles
19.4. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
19.4.1. IC-Engine
19.4.1.1. Gasoline
19.4.1.2. Diesel
19.4.2. Electric
19.4.2.1. Battery Electric Vehicle
19.4.2.2. Hybrid Electric Vehicle
19.5. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
19.5.1. Less than 5L
19.5.2. 5L to 10L
19.5.3. More than 10L
19.6. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
19.6.1. Agricultural Equipment
19.6.1.1. Up to 25 KW
19.6.1.2. 26-50 KW
19.6.1.3. 51-75 KW
19.6.1.4. More than 76 KW
19.6.2. Construction & Mining Equipment
19.6.2.1. Up to 75 KW
19.6.2.2. 76-150 KW
19.6.2.3. 151-300 KW
19.6.2.4. 301-400 KW
19.6.2.5. More than 400 KW
19.6.3. Others
19.7. Key Country Analysis - Eastern Europe Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
19.7.1. Russia
19.7.2. Turkey
19.7.3. Poland
19.7.4. Rest of Eastern Europe


20. China Off-highway Vehicle Market
20.1. Market Snapshot
20.2. Asia Pacific COVID-19 Impact Analysis & Government Countermeasures
20.3. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
20.3.1. Construction & Mining Equipment
20.3.1.1. Excavators
20.3.1.2. Backhoe loaders
20.3.1.3. Skid steer loaders
20.3.1.4. Dumpers
20.3.1.5. Bulldozers
20.3.1.6. Motor graders
20.3.1.7. Road rollers
20.3.1.8. Pavers
20.3.1.9. Cold planers
20.3.1.10. Drilling equipment
20.3.1.11. Piling equipment
20.3.1.12. Tunnel boring machines and equipment
20.3.1.13. Demolition equipment
20.3.1.14. Mixer trucks
20.3.1.15. Formwork equipment
20.3.1.16. Scaffolding equipment
20.3.1.17. Dump trucks
20.3.1.18. Underground mining equipment
20.3.1.19. Forestry Equipment
20.3.1.20. Trailers
20.3.1.21. Other construction & mining equipment material
20.3.2. Agriculture
20.3.2.1. Agriculture Equipment
20.3.2.2. Tractor
20.3.3. Material Handling Vehicles
20.3.4. Military Vehicles
20.4. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
20.4.1. IC-Engine
20.4.1.1. Gasoline
20.4.1.2. Diesel
20.4.2. Electric
20.4.2.1. Battery Electric Vehicle
20.4.2.2. Hybrid Electric Vehicle
20.5. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
20.5.1. Less than 5L
20.5.2. 5L to 10L
20.5.3. More than 10L
20.6. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
20.6.1. Agricultural Equipment
20.6.1.1. Up to 25 KW
20.6.1.2. 26-50 KW
20.6.1.3. 51-75 KW
20.6.1.4. More than 76 KW
20.6.2. Construction & Mining Equipment
20.6.2.1. Up to 75 KW
20.6.2.2. 76-150 KW
20.6.2.3. 151-300 KW
20.6.2.4. 301-400 KW
20.6.2.5. More than 400 KW
20.6.3. Others


21. Asia Pacific (Except China) Off-highway Vehicle Market
21.1. Market Snapshot
21.2. Europe COVID-19 Impact Analysis & Government Countermeasures
21.3. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
21.3.1. Construction & Mining Equipment
21.3.1.1. Excavators
21.3.1.2. Backhoe loaders
21.3.1.3. Skid steer loaders
21.3.1.4. Dumpers
21.3.1.5. Bulldozers
21.3.1.6. Motor graders
21.3.1.7. Road rollers
21.3.1.8. Pavers
21.3.1.9. Cold planers
21.3.1.10. Drilling equipment
21.3.1.11. Piling equipment
21.3.1.12. Tunnel boring machines and equipment
21.3.1.13. Demolition equipment
21.3.1.14. Mixer trucks
21.3.1.15. Formwork equipment
21.3.1.16. Scaffolding equipment
21.3.1.17. Dump trucks
21.3.1.18. Underground mining equipment
21.3.1.19. Forestry Equipment
21.3.1.20. Trailers
21.3.1.21. Other construction & mining equipment material
21.3.2. Agriculture
21.3.2.1. Agriculture Equipment
21.3.2.2. Tractor
21.3.3. Material Handling Vehicles
21.3.4. Military Vehicles
21.4. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
21.4.1. IC-Engine
21.4.1.1. Gasoline
21.4.1.2. Diesel
21.4.2. Electric
21.4.2.1. Battery Electric Vehicle
21.4.2.2. Hybrid Electric Vehicle
21.5. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
21.5.1. Less than 5L
21.5.2. 5L to 10L
21.5.3. More than 10L
21.6. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
21.6.1. Agricultural Equipment
21.6.1.1. Up to 25 KW
21.6.1.2. 26-50 KW
21.6.1.3. 51-75 KW
21.6.1.4. More than 76 KW
21.6.2. Construction & Mining Equipment
21.6.2.1. Up to 75 KW
21.6.2.2. 76-150 KW
21.6.2.3. 151-300 KW
21.6.2.4. 301-400 KW
21.6.2.5. More than 400 KW
21.6.3. Others
21.7. Key Country Analysis - Asia Pacific Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
21.7.1. India
21.7.2. Japan
21.7.3. ASEAN Countries
21.7.4. ANZ
21.7.5. South Korea
21.7.6. Rest of Asia Pacific


22. Middle East & Africa Off-highway Vehicle Market
22.1. Market Snapshot
22.2. Europe COVID-19 Impact Analysis & Government Countermeasures
22.3. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
22.3.1. Construction & Mining Equipment
22.3.1.1. Excavators
22.3.1.2. Backhoe loaders
22.3.1.3. Skid steer loaders
22.3.1.4. Dumpers
22.3.1.5. Bulldozers
22.3.1.6. Motor graders
22.3.1.7. Road rollers
22.3.1.8. Pavers
22.3.1.9. Cold planers
22.3.1.10. Drilling equipment
22.3.1.11. Piling equipment
22.3.1.12. Tunnel boring machines and equipment
22.3.1.13. Demolition equipment
22.3.1.14. Mixer trucks
22.3.1.15. Formwork equipment
22.3.1.16. Scaffolding equipment
22.3.1.17. Dump trucks
22.3.1.18. Underground mining equipment
22.3.1.19. Forestry Equipment
22.3.1.20. Trailers
22.3.1.21. Other construction & mining equipment material
22.3.2. Agriculture
22.3.2.1. Agriculture Equipment
22.3.2.2. Tractor
22.3.3. Material Handling Vehicles
22.3.4. Military Vehicles
22.4. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
22.4.1. IC-Engine
22.4.1.1. Gasoline
22.4.1.2. Diesel
22.4.2. Electric
22.4.2.1. Battery Electric Vehicle
22.4.2.2. Hybrid Electric Vehicle
22.5. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
22.5.1. Less than 5L
22.5.2. 5L to 10L
22.5.3. More than 10L
22.6. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
22.6.1. Agricultural Equipment
22.6.1.1. Up to 25 KW
22.6.1.2. 26-50 KW
22.6.1.3. 51-75 KW
22.6.1.4. More than 76 KW
22.6.2. Construction & Mining Equipment
22.6.2.1. Up to 75 KW
22.6.2.2. 76-150 KW
22.6.2.3. 151-300 KW
22.6.2.4. 301-400 KW
22.6.2.5. More than 400 KW
22.6.3. Others
22.7. Key Country Analysis - Middle East & Africa Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
22.7.1. GCC
22.7.2. Egypt
22.7.3. Nigeria
22.7.4. South Africa
22.7.5. Rest of Middle East & Africa


23. Latin America Off-highway Vehicle Market
23.1. Market Snapshot
23.2. Europe COVID-19 Impact Analysis & Government Countermeasures
23.3. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Vehicle Type
23.3.1. Construction & Mining Equipment
23.3.1.1. Excavators
23.3.1.2. Backhoe loaders
23.3.1.3. Skid steer loaders
23.3.1.4. Dumpers
23.3.1.5. Bulldozers
23.3.1.6. Motor graders
23.3.1.7. Road rollers
23.3.1.8. Pavers
23.3.1.9. Cold planers
23.3.1.10. Drilling equipment
23.3.1.11. Piling equipment
23.3.1.12. Tunnel boring machines and equipment
23.3.1.13. Demolition equipment
23.3.1.14. Mixer trucks
23.3.1.15. Formwork equipment
23.3.1.16. Scaffolding equipment
23.3.1.17. Dump trucks
23.3.1.18. Underground mining equipment
23.3.1.19. Forestry Equipment
23.3.1.20. Trailers
23.3.1.21. Other construction & mining equipment material
23.3.2. Agriculture
23.3.2.1. Agriculture Equipment
23.3.2.2. Tractor
23.3.3. Material Handling Vehicles
23.3.4. Military Vehicles
23.4. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Propulsion
23.4.1. IC-Engine
23.4.1.1. Gasoline
23.4.1.2. Diesel
23.4.2. Electric
23.4.2.1. Battery Electric Vehicle
23.4.2.2. Hybrid Electric Vehicle
23.5. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Engine Capacity
23.5.1. Less than 5L
23.5.2. 5L to 10L
23.5.3. More than 10L
23.6. Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031, By Power Output
23.6.1. Agricultural Equipment
23.6.1.1. Up to 25 KW
23.6.1.2. 26-50 KW
23.6.1.3. 51-75 KW
23.6.1.4. More than 76 KW
23.6.2. Construction & Mining Equipment
23.6.2.1. Up to 75 KW
23.6.2.2. 76-150 KW
23.6.2.3. 151-300 KW
23.6.2.4. 301-400 KW
23.6.2.5. More than 400 KW
23.6.3. Others
23.7. Key Country Analysis - Latin America Off-highway Vehicle Market Volume (Thousand Units) & Value (US$ Mn) Analysis & Forecast, 2017-2031
23.7.1. Brazil
23.7.2. Mexico
23.7.3. Rest of Latin America


24. Competitive Landscape
24.1. Company Share Analysis/ Brand Share Analysis, 2021
24.2. Key Strategy Analysis
24.2.1. Strategic Overview - Expansion, M&A, Partnership
24.3. Pricing Trend/ Comparison Analysis for Key Players
24.3.1. By Propulsion
24.3.2. By Engine Capacity
24.3.3. By Power Output
24.4. Company Analysis for each player (Company Overview, Company Footprints, Production Locations, Product Portfolio, Competitors & Customers, Subsidiaries & Parent Organization, Recent Developments, Financial Analysis, Profitability, Revenue Share)
24.5. Company Profile/ Key Players
24.5.1. AB Volvo
24.5.1.1. Company Overview
24.5.1.2. Company Footprints
24.5.1.3. Production Locations
24.5.1.4. Product Portfolio
24.5.1.5. Competitors & Customers
24.5.1.6. Subsidiaries & Parent Organization
24.5.1.7. Recent Developments
24.5.1.8. Financial Analysis
24.5.1.9. Revenue Share
24.5.2. AGCO Corporation
24.5.2.1. Company Overview
24.5.2.2. Company Footprints
24.5.2.3. Production Locations
24.5.2.4. Product Portfolio
24.5.2.5. Competitors & Customers
24.5.2.6. Subsidiaries & Parent Organization
24.5.2.7. Recent Developments
24.5.2.8. Financial Analysis
24.5.2.9. Revenue Share
24.5.3. Caterpillar Inc.
24.5.3.1. Company Overview
24.5.3.2. Company Footprints
24.5.3.3. Production Locations
24.5.3.4. Product Portfolio
24.5.3.5. Competitors & Customers
24.5.3.6. Subsidiaries & Parent Organization
24.5.3.7. Recent Developments
24.5.3.8. Financial Analysis
24.5.3.9. Revenue Share
24.5.4. CRRC Corporation Limited
24.5.4.1. Company Overview
24.5.4.2. Company Footprints
24.5.4.3. Production Locations
24.5.4.4. Product Portfolio
24.5.4.5. Competitors & Customers
24.5.4.6. Subsidiaries & Parent Organization
24.5.4.7. Recent Developments
24.5.4.8. Financial Analysis
24.5.4.9. Revenue Share
24.5.5. Cummins Inc.
24.5.5.1. Company Overview
24.5.5.2. Company Footprints
24.5.5.3. Production Locations
24.5.5.4. Product Portfolio
24.5.5.5. Competitors & Customers
24.5.5.6. Subsidiaries & Parent Organization
24.5.5.7. Recent Developments
24.5.5.8. Financial Analysis
24.5.5.9. Revenue Share
24.5.6. Daimler AG
24.5.6.1. Company Overview
24.5.6.2. Company Footprints
24.5.6.3. Production Locations
24.5.6.4. Product Portfolio
24.5.6.5. Competitors & Customers
24.5.6.6. Subsidiaries & Parent Organization
24.5.6.7. Recent Developments
24.5.6.8. Financial Analysis
24.5.6.9. Revenue Share
24.5.7. Deere & Company
24.5.7.1. Company Overview
24.5.7.2. Company Footprints
24.5.7.3. Production Locations
24.5.7.4. Product Portfolio
24.5.7.5. Competitors & Customers
24.5.7.6. Subsidiaries & Parent Organization
24.5.7.7. Recent Developments
24.5.7.8. Financial Analysis
24.5.7.9. Revenue Share
24.5.8. Deutz AG
24.5.8.1. Company Overview
24.5.8.2. Company Footprints
24.5.8.3. Production Locations
24.5.8.4. Product Portfolio
24.5.8.5. Competitors & Customers
24.5.8.6. Subsidiaries & Parent Organization
24.5.8.7. Recent Developments
24.5.8.8. Financial Analysis
24.5.8.9. Revenue Share
24.5.9. Doosan Corporation
24.5.9.1. Company Overview
24.5.9.2. Company Footprints
24.5.9.3. Production Locations
24.5.9.4. Product Portfolio
24.5.9.5. Competitors & Customers
24.5.9.6. Subsidiaries & Parent Organization
24.5.9.7. Recent Developments
24.5.9.8. Financial Analysis
24.5.9.9. Revenue Share
24.5.10. Epiroc AB
24.5.10.1. Company Overview
24.5.10.2. Company Footprints
24.5.10.3. Production Locations
24.5.10.4. Product Portfolio
24.5.10.5. Competitors & Customers
24.5.10.6. Subsidiaries & Parent Organization
24.5.10.7. Recent Developments
24.5.10.8. Financial Analysis
24.5.10.9. Revenue Share
24.5.11. Hitachi Construction Machinery Co. Ltd.
24.5.11.1. Company Overview
24.5.11.2. Company Footprints
24.5.11.3. Production Locations
24.5.11.4. Product Portfolio
24.5.11.5. Competitors & Customers
24.5.11.6. Subsidiaries & Parent Organization
24.5.11.7. Recent Developments
24.5.11.8. Financial Analysis
24.5.11.9. Revenue Share
24.5.12. Husqvarna
24.5.12.1. Company Overview
24.5.12.2. Company Footprints
24.5.12.3. Production Locations
24.5.12.4. Product Portfolio
24.5.12.5. Competitors & Customers
24.5.12.6. Subsidiaries & Parent Organization
24.5.12.7. Recent Developments
24.5.12.8. Financial Analysis
24.5.12.9. Revenue Share
24.5.13. J. C. Bamford Excavators Ltd.
24.5.13.1. Company Overview
24.5.13.2. Company Footprints
24.5.13.3. Production Locations
24.5.13.4. Product Portfolio
24.5.13.5. Competitors & Customers
24.5.13.6. Subsidiaries & Parent Organization
24.5.13.7. Recent Developments
24.5.13.8. Financial Analysis
24.5.13.9. Revenue Share
24.5.14. Komatsu Ltd
24.5.14.1. Company Overview
24.5.14.2. Company Footprints
24.5.14.3. Production Locations
24.5.14.4. Product Portfolio
24.5.14.5. Competitors & Customers
24.5.14.6. Subsidiaries & Parent Organization
24.5.14.7. Recent Developments
24.5.14.8. Financial Analysis
24.5.14.9. Revenue Share
24.5.15. Kubota Corp
24.5.15.1. Company Overview
24.5.15.2. Company Footprints
24.5.15.3. Production Locations
24.5.15.4. Product Portfolio
24.5.15.5. Competitors & Customers
24.5.15.6. Subsidiaries & Parent Organization
24.5.15.7. Recent Developments
24.5.15.8. Financial Analysis
24.5.15.9. Revenue Share
24.5.16. Liebherr
24.5.16.1. Company Overview
24.5.16.2. Company Footprints
24.5.16.3. Production Locations
24.5.16.4. Product Portfolio
24.5.16.5. Competitors & Customers
24.5.16.6. Subsidiaries & Parent Organization
24.5.16.7. Recent Developments
24.5.16.8. Financial Analysis
24.5.16.9. Revenue Share
24.5.17. Mahindra & Mahindra Limited (Mahindra Powertrain)
24.5.17.1. Company Overview
24.5.17.2. Company Footprints
24.5.17.3. Production Locations
24.5.17.4. Product Portfolio
24.5.17.5. Competitors & Customers
24.5.17.6. Subsidiaries & Parent Organization
24.5.17.7. Recent Developments
24.5.17.8. Financial Analysis
24.5.17.9. Revenue Share
24.5.18. Massey Ferguson Ltd.
24.5.18.1. Company Overview
24.5.18.2. Company Footprints
24.5.18.3. Production Locations
24.5.18.4. Product Portfolio
24.5.18.5. Competitors & Customers
24.5.18.6. Subsidiaries & Parent Organization
24.5.18.7. Recent Developments
24.5.18.8. Financial Analysis
24.5.18.9. Revenue Share
24.5.19. Nidec Corp
24.5.19.1. Company Overview
24.5.19.2. Company Footprints
24.5.19.3. Production Locations
24.5.19.4. Product Portfolio
24.5.19.5. Competitors & Customers
24.5.19.6. Subsidiaries & Parent Organization
24.5.19.7. Recent Developments
24.5.19.8. Financial Analysis
24.5.19.9. Revenue Share
24.5.20. Sandvik AB
24.5.20.1. Company Overview
24.5.20.2. Company Footprints
24.5.20.3. Production Locations
24.5.20.4. Product Portfolio
24.5.20.5. Competitors & Customers
24.5.20.6. Subsidiaries & Parent Organization
24.5.20.7. Recent Developments
24.5.20.8. Financial Analysis
24.5.20.9. Revenue Share
24.5.21. Sany Heavy Industries
24.5.21.1. Company Overview
24.5.21.2. Company Footprints
24.5.21.3. Production Locations
24.5.21.4. Product Portfolio
24.5.21.5. Competitors & Customers
24.5.21.6. Subsidiaries & Parent Organization
24.5.21.7. Recent Developments
24.5.21.8. Financial Analysis
24.5.21.9. Revenue Share
24.5.22. Scania AB
24.5.22.1. Company Overview
24.5.22.2. Company Footprints
24.5.22.3. Production Locations
24.5.22.4. Product Portfolio
24.5.22.5. Competitors & Customers
24.5.22.6. Subsidiaries & Parent Organization
24.5.22.7. Recent Developments
24.5.22.8. Financial Analysis
24.5.22.9. Revenue Share
24.5.23. Weichai Power Co. Ltd
24.5.23.1. Company Overview
24.5.23.2. Company Footprints
24.5.23.3. Production Locations
24.5.23.4. Product Portfolio
24.5.23.5. Competitors & Customers
24.5.23.6. Subsidiaries & Parent Organization
24.5.23.7. Recent Developments
24.5.23.8. Financial Analysis
24.5.23.9. Revenue Share
24.5.24. Yanmar Co. Ltd
24.5.24.1. Company Overview
24.5.24.2. Company Footprints
24.5.24.3. Production Locations
24.5.24.4. Product Portfolio
24.5.24.5. Competitors & Customers
24.5.24.6. Subsidiaries & Parent Organization
24.5.24.7. Recent Developments
24.5.24.8. Financial Analysis
24.5.24.9. Revenue Share
24.5.25. Other Key Players
24.5.25.1. Company Overview
24.5.25.2. Company Footprints
24.5.25.3. Production Locations
24.5.25.4. Product Portfolio
24.5.25.5. Competitors & Customers
24.5.25.6. Subsidiaries & Parent Organization
24.5.25.7. Recent Developments
24.5.25.8. Financial Analysis
24.5.25.9. Revenue Share

Companies Mentioned

A selection of companies mentioned in this report includes:

  • AB Volvo
  • AGCO Corporation
  • Caterpillar Inc.,
  • CRRC Corporation Limited
  • Cummins Inc.
  • Daimler AG
  • Deere & Company
  • Deutz AG
  • Doosan Corporation
  • Epiroc AB
  • Hitachi Construction Machinery Co. Ltd.
  • Husqvarna
  • J. C. Bamford Excavators Ltd.
  • Komatsu Ltd
  • Kubota Corp
  • Liebherr
  • Mahindra & Mahindra Limited (Mahindra Powertrain)
  • Massey Ferguson Ltd.
  • Nidec Corp
  • Sandvik AB
  • Sany Heavy Industries
  • Scania AB
  • Weichai Power Co. Ltd
  • Yanmar Co. Ltd