Automotive Off-Highway Engine Industry: 2019 Size, Trend, Market Insights, and Regional Forecast To 2023

Automotive Off-Highway Engine Market Research Report - Global Forecast to 2023. The report for Automotive Off-Highway Engine Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.

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

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

There are several factors that are responsible for the growth of the global automotive off-highway engine market. Firstly, the globally increasing population leads to the need for automation and mass scale production. Secondly, greater productivity can be achieved using advanced machinery, which works on off-highway engines, thus saving time. Thirdly, labor cost can be reduced with the use of these engines leading to a decrease in the production cost in any field of operation. The global automotive off-highway engine market is expected to expand with a CAGR of approx. 9% (2017 to 2023).

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

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

By Engine Capacities:  <5 Litre, 5.1-10 Litre, >10 Litre.

By Fuel Types:  Diesel and Gasoline among others.

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

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