Off-road Vehicle Market

Off-road Vehicle Market (Application: Construction and Mining, Agriculture; Fuel Type: Diesel, Gasoline) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Off-road Vehicle Market Outlook 2031

  • The industry was valued at US$ 762.8 Bn in 2021
  • It is estimated to grow at a CAGR of 5.1% from 2022 to 2031 and reach US$ 1.3 Trn by the end of 2031

Analysts’ Viewpoint on Market Scenario

The global off-road vehicle business is estimated to grow significantly during the forecast period, due to the rise in construction and mining activities across the globe, rapid urbanization, and industrialization.

Globally, the use of agricultural tractors and equipment is increasing, supporting the worldwide off-road vehicle business. However, high cost of manufacturing and maintenance is anticipated to significantly restrict the market for off-road vehicles. Off-road vehicle manufacturers are focusing on the development of innovative vehicles, such as excavators, loaders, dozers, and rigid dump trucks, to gain revenue benefits.

Off Road Vehicle Market

Market Introduction

Off-road vehicles are driven in rocky and off-road environments. They often feature sizable tires with open, deep treads, and flexible suspension. These vehicles are frequently used for exploration in places without asphalt roads. Access to trails and forest roads with poor traction and rocky ground is made possible by the use of stronger off-road vehicles. Off-road vehicles are majorly used in agriculture and construction industries.

Rapid expansion of construction and mining activities, rise in demand from agriculture and forestry sectors, and the expansion of port and material handling industries are contributing to the global off-road vehicle market growth during the forecast period. Furthermore, urbanization, industrialization, and increased import-export activity are also predicted to present lucrative off-road vehicle market opportunities.

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Increase in Urbanization and Growth in Construction Sector

According to the off-road vehicle market report, urbanization and growth in construction industry are driving the market for construction equipment. This is positively impacting the global off-road vehicle market share. Demand for minerals and metals, which are derived from their ores, is rising. Consequently, there is a high demand for mining machineries such as shovels, loaders, haul trucks, and draglines. The number of construction sites all over the world is increasing due to urbanization.

Population growth is another factor fueling the off-road vehicle industry statistics. Global population is estimated to cross 8.6 billion by 2030. The market for construction equipment is being driven by the increased construction of new residential and commercial spaces. Global economic growth has sparked investment in infrastructure renovation, particularly in developing nations, which are witnessing rapid development of roads, railroads, and industries.

Rapid Industrialization and Increased Applications of Off-road Transportation

The global market is primarily driven by the construction sector, which has witnessed tremendous growth in the last few years. Several governments, especially those in developing countries, are investing significantly in industrial development projects.

The market is expanding due to the rise in need for off-road vehicles to aid in construction activities. Additionally, smart cities are growing rapidly across the globe. Extensive usage of modern off-road vehicles in oil & gas exploration activities is another important factor spurring market expansion. Rise in adoption of cutting-edge technologies in the creation of off-road vehicles, which in turn further stimulates the market. This led to the introduction of special-purpose off-road vehicles that facilitate the removal of overburden from tunneling or shaft excavation in hydropower projects, and they are currently gaining significant market traction.

Several companies have also produced smartphone versions, which offer precise real-time data on every aspect of the equipment's performance for insightful analysis. Additional factors driving market expansion include rapid industrialization and increased product usage in the power and automotive industries.

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Extensive Use of Off-road Vehicles in Construction and Mining Sector

Based on application, the construction and mining segment is anticipated to dominate the global off-road vehicle business. Increase in infrastructure development projects across the globe is driving the demand for construction and mining equipment. Additionally, off-road vehicles are being widely used in construction and mining sector, due to an increase in automation and the use of machinery to facilitate human labor.

The use of heavy construction machinery significantly reduces overall project expenses. Additionally, off-road vehicles are gaining tremendous popularity, as renting heavy construction equipment is more cost-effective than buying it.

Regional Outlook of Global Off-road Vehicle Industry

Asia Pacific dominated the global market for off-road vehicles in 2021. The region is projected to maintain its dominance in the near future, owing to the growth in industrialization in major countries in the region. Furthermore, infrastructure development in countries such as China, India, and South Korea is projected to fuel market expansion in the next few years. Increase in demand for construction equipment along with growth in the agriculture sector is contributing to market growth in the region. Several governments are offering subsidies to purchase agricultural machinery such as tractors in Asia Pacific.

The North America off-road vehicle market size is likely to increase during the forecast period, owing to significant growth in construction and mining sectors in the region. The U.S. is a well-known producer of construction machinery. Increase in off-road vehicle production in the U.S. is also contributing to market growth in North America.

Analysis of Key Players in Global Off-Road Vehicle Market

The global market is consolidated, with the presence of large numbers of manufacturers that control significant share. According to the global off-road vehicle market research report, manufacturers are adopting advanced technologies to consolidate their market position. Key players are expanding their product portfolios through acquisitions and partnerships.

Some of the key players identified in the off-road vehicle market across the globe are Caterpillar Inc., Deere & Company, CLAAS KGaA mbH, Valtra, Escorts Limited, KUBOTA Corporation, YANMAR CO., LTD., Mahindra & Mahindra Ltd., SAME DEUTZ-FAHR Italia S.p.A., AGCO Corporation, Doosan Infracore, AB Volvo, BELL Equipment., Hitachi, Ltd., Liebherr- International AG, CNH Industrial America LLC, Komatsu America Corp., ALLU Finland Oy, Terex Corporation, and Manitowoc.

Key Developments in Global Off-Road Vehicle Business

  • In August 2022, AGCO Corporation launched a novel series of tractors, i.e. Fendt 700 Vario, to cater to the market in North America. These tractors offer an efficient powertrain with VarioDrive transmission.
  • In July 2022, KUBOTA Corporation announced the expansion of capabilities of its main mini excavator manufacturing facility in Hirakata, Japan. Kubota planned to increase its annual production capabilities from 48,000 to 78,000 units by building a new site to handle painting assembly, and other critical manufacturing processes.
  • In May 2022, Caterpillar Inc., a leading player in manufacturing construction equipment, launched two next generation products in India, i.e. Cat 303 CR Mini Excavator and Cat 120 GC Motor Grader. These new products are intended to strengthen the company’s presence in the infrastructure, mining, and energy sectors across India.

Key players have been profiled in the off-road vehicle industry forecast report based on parameters such as financial overview, product portfolio, company overview, recent developments, business segments, and business strategies.

Off-road Vehicle Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 762.8 Bn

Market Forecast Value in 2031

US$ 1.3 Trn

Growth Rate

(CAGR)

5.12%

Forecast Period

2022–2031

Historical Data Available for

2017–2021

Quantitative Units

US$ Bn/Trn for Value and Thousand Units for Volume

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2021)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Application
    • Construction and Mining
      • Excavator
      • Loader
      • Dozer
      • Articulated Dump Truck
      • Rigid Dump Truck
      • Motor Scraper
      • Motor Grader
    • Agriculture
      • Tractor
      • Other Agriculture Equipment
  • Fuel Type
    • Diesel
    • Gasoline
  • Engine Size
    • Less Than 100 HP
    • 100-200 HP
    • 201-400 HP
    • Greater Than 400 HP

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Russia & CIS
  • Japan
  • China
  • India
  • ASEAN
  • Brazil
  • Mexico
  • GCC
  • South Africa

Companies Profile

  • Caterpillar Inc.
  • Deere & Company
  • KUBOTA Corporation
  • Valtra
  • Escorts Limited
  • YANMAR CO., LTD.
  • CLAAS KGaA mbH
  • Mahindra & Mahindra Ltd.
  • Hitachi, Ltd.
  • SAME DEUTZ-FAHR Italia S.p.A.
  • AGCO Corporation
  • AB Volvo
  • Doosan Infracore
  • BELL Equipment.
  • Liebherr- International AG
  • Komatsu America Corp.
  • CNH Industrial America LLC
  • ALLU Finland Oy
  • Manitowoc
  • Terex Corporation
  • Other Key Players

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the global off-road vehicle market in 2021?

The global market was valued at US$ 762.8 Bn in 2021.

How the industry is expected to grow by 2031?

It is expected to grow at a CAGR of 5.1% by 2031.

How much worth would it be in 2031?

It would be worth US$ 1.3 Trn in 2031.

What are the major driving factors?

Growth in construction industry, rapid urbanization, industrialization, and increase in applications of off-road transportation.

Which segment accounted for the largest share in 2021?

The construction and mining segment accounted for largest share in 2021.

Which region is most lucrative for vendors?

Asia Pacific is the most lucrative region for vendors.

Who are the prominent players?

Caterpillar Inc., Deere & Company, KUBOTA Corporation, Valtra, Escorts Limited, YANMAR CO., LTD., CLAAS KGaA mbH, Mahindra & Mahindra Ltd., Hitachi, Ltd., SAME DEUTZ-FAHR Italia S.p.A., AGCO Corporation, AB Volvo, Doosan Infracore, BELL Equipment., Liebherr- International AG, Komatsu America Corp., CNH Industrial America LLC, ALLU Finland Oy, Manitowoc, and Terex Corporation.

    1. Executive Summary

        1.1. Global Market Outlook

            1.1.1. Market Size, Thousand Units, US$ Bn, 2017-2031

        1.2. Competitive Dashboard Analysis

    2. Market Overview

        2.1. TMR Analysis and Recommendations

        2.2. Market Coverage / Taxonomy

        2.3. Market Dynamics

            2.3.1. Drivers

            2.3.2. Restraints

            2.3.3. Opportunity

        2.4. Market Factor Analysis

            2.4.1. Porter’s Five Force Analysis

            2.4.2. SWOT Analysis

            2.4.3. Value Chain Analysis

        2.5. Regulatory Scenario

        2.6. Pricing Analysis

            2.6.1. Cost Structure Analysis

            2.6.2. Profit Margin Analysis

        2.7. COVID-19 Impact Analysis – Off-road Vehicle Market

    3. Key Industry Trends and Developments

    4. Global Off-road Vehicle Market, by Application

        4.1. Market Snapshot

            4.1.1. Introduction, Definition, and Key Findings

            4.1.2. Market Growth & Y-o-Y Projections

            4.1.3. Base Point Share Analysis

        4.2. Global Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Application

            4.2.1. Construction and Mining

                4.2.1.1. Excavator

                4.2.1.2. Loader

                4.2.1.3. Dozer

                4.2.1.4. Articulated Dump Truck

                4.2.1.5. Rigid Dump Truck

                4.2.1.6. Motor Scraper

                4.2.1.7. Motor Grader

            4.2.2. Agriculture

                4.2.2.1. Tractor

                4.2.2.2. Other Agriculture Equipment

    5. Global Off-road Vehicle Market, by Fuel Type

        5.1. Market Snapshot

            5.1.1. Introduction, Definition, and Key Findings

            5.1.2. Market Growth & Y-o-Y Projections

            5.1.3. Base Point Share Analysis

        5.2. Global Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Fuel Type

            5.2.1. Diesel

            5.2.2. Gasoline

    6. Global Off-road Vehicle Market, by Engine Size

        6.1. Market Snapshot

            6.1.1. Introduction, Definition, and Key Findings

            6.1.2. Market Growth & Y-o-Y Projections

            6.1.3. Base Point Share Analysis

        6.2. Global Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Engine Size

            6.2.1. Less Than 100 HP

            6.2.2. 100-200 HP

            6.2.3. 201-400 HP

            6.2.4. Greater Than 400 HP

    7. Global Off-road Vehicle Market, by Region

        7.1. Market Snapshot

            7.1.1. Introduction, Definition, and Key Findings

            7.1.2. Market Growth & Y-o-Y Projections

            7.1.3. Base Point Share Analysis

        7.2. Global Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Region

            7.2.1. North America

            7.2.2. Europe

            7.2.3. Asia Pacific

            7.2.4. Middle East & Africa

            7.2.5. South America

    8. North America Off-road Vehicle Market

        8.1. Market Snapshot

        8.2. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Application

            8.2.1. Construction and Mining

                8.2.1.1. Excavator

                8.2.1.2. Loader

                8.2.1.3. Dozer

                8.2.1.4. Articulated Dump Truck

                8.2.1.5. Rigid Dump Truck

                8.2.1.6. Motor Scraper

                8.2.1.7. Motor Grader

            8.2.2. Agriculture

                8.2.2.1. Tractor

                8.2.2.2. Other Agriculture Equipment

        8.3. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Fuel Type

            8.3.1. Diesel

            8.3.2. Gasoline

        8.4. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Engine Size

            8.4.1. Less Than 100 HP

            8.4.2. 100-200 HP

            8.4.3. 201-400 HP

            8.4.4. Greater Than 400 HP

        8.5. Key Country Analysis – North America Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031

            8.5.1. U. S.

            8.5.2. Canada

            8.5.3. Mexico

    9. Europe Off-road Vehicle Market

        9.1. Market Snapshot

        9.2. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Application

            9.2.1. Construction and Mining

                9.2.1.1. Excavator

                9.2.1.2. Loader

                9.2.1.3. Dozer

                9.2.1.4. Articulated Dump Truck

                9.2.1.5. Rigid Dump Truck

                9.2.1.6. Motor Scraper

                9.2.1.7. Motor Grader

            9.2.2. Agriculture

                9.2.2.1. Tractor

                9.2.2.2. Other Agriculture Equipment

        9.3. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Fuel Type

            9.3.1. Diesel

            9.3.2. Gasoline

        9.4. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Engine Size

            9.4.1. Less Than 100 HP

            9.4.2. 100-200 HP

            9.4.3. 201-400 HP

            9.4.4. Greater Than 400 HP

        9.5. Key Country Analysis – Europe Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031

            9.5.1. Germany

            9.5.2. U. K.

            9.5.3. France

            9.5.4. Italy

            9.5.5. Spain

            9.5.6. Nordic Countries

            9.5.7. Russia & CIS

            9.5.8. Rest of Europe

    10. Asia Pacific Off-road Vehicle Market

        10.1. Market Snapshot

        10.2. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Application

            10.2.1. Construction and Mining

                10.2.1.1. Excavator

                10.2.1.2. Loader

                10.2.1.3. Dozer

                10.2.1.4. Articulated Dump Truck

                10.2.1.5. Rigid Dump Truck

                10.2.1.6. Motor Scraper

                10.2.1.7. Motor Grader

            10.2.2. Agriculture

                10.2.2.1. Tractor

                10.2.2.2. Other Agriculture Equipment

        10.3. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Fuel Type

            10.3.1. Diesel

            10.3.2. Gasoline

        10.4. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Engine Size

            10.4.1. Less Than 100 HP

            10.4.2. 100-200 HP

            10.4.3. 201-400 HP

            10.4.4. Greater Than 400 HP

        10.5. Key Country Analysis – Asia Pacific Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031

            10.5.1. China

            10.5.2. India

            10.5.3. Japan

            10.5.4. ASEAN Countries

            10.5.5. South Korea

            10.5.6. ANZ

            10.5.7. Rest of Asia Pacific

    11. Middle East & Africa Off-road Vehicle Market

        11.1. Market Snapshot

        11.2. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Application

            11.2.1. Construction and Mining

                11.2.1.1. Excavator

                11.2.1.2. Loader

                11.2.1.3. Dozer

                11.2.1.4. Articulated Dump Truck

                11.2.1.5. Rigid Dump Truck

                11.2.1.6. Motor Scraper

                11.2.1.7. Motor Grader

            11.2.2. Agriculture

                11.2.2.1. Tractor

                11.2.2.2. Other Agriculture Equipment

        11.3. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Fuel Type

            11.3.1. Diesel

            11.3.2. Gasoline

        11.4. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Engine Size

            11.4.1. Less Than 100 HP

            11.4.2. 100-200 HP

            11.4.3. 201-400 HP

            11.4.4. Greater Than 400 HP

        11.5. Key Country Analysis – Middle East & Africa Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031

            11.5.1. GCC

            11.5.2. South Africa

            11.5.3. Turkey

            11.5.4. Rest of Middle East & Africa

    12. South America Off-road Vehicle Market

        12.1. Market Snapshot

        12.2. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Application

            12.2.1. Construction and Mining

                12.2.1.1. Excavator

                12.2.1.2. Loader

                12.2.1.3. Dozer

                12.2.1.4. Articulated Dump Truck

                12.2.1.5. Rigid Dump Truck

                12.2.1.6. Motor Scraper

                12.2.1.7. Motor Grader

            12.2.2. Agriculture

                12.2.2.1. Tractor

                12.2.2.2. Other Agriculture Equipment

        12.3. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Fuel Type

            12.3.1. Diesel

            12.3.2. Gasoline

        12.4. Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031, By Engine Size

            12.4.1. Less Than 100 HP

            12.4.2. 100-200 HP

            12.4.3. 201-400 HP

            12.4.4. Greater Than 400 HP

        12.5. Key Country Analysis – South America Off-road Vehicle Market Size (Thousand Units) & Value (US$ Bn) Analysis & Forecast, 2017-2031

            12.5.1. Brazil

            12.5.2. Argentina

            12.5.3. Rest of South America

    13. Competitive Landscape

        13.1. Company Share Analysis/ Brand Share Analysis, 2021

        13.2. 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, Executive Bios)

        13.3. Company Profile/ Key Players – Off-road Vehicle Market

            13.3.1. Caterpillar Inc.

                13.3.1.1. Company Overview

                13.3.1.2. Company Footprints

                13.3.1.3. Production Locations

                13.3.1.4. Product Portfolio

                13.3.1.5. Competitors & Customers

                13.3.1.6. Subsidiaries & Parent Organization

                13.3.1.7. Recent Developments

                13.3.1.8. Financial Analysis

                13.3.1.9. Profitability

                13.3.1.10. Revenue Share

                13.3.1.11. Executive Bios

            13.3.2. Deere & Company

                13.3.2.1. Company Overview

                13.3.2.2. Company Footprints

                13.3.2.3. Production Locations

                13.3.2.4. Product Portfolio

                13.3.2.5. Competitors & Customers

                13.3.2.6. Subsidiaries & Parent Organization

                13.3.2.7. Recent Developments

                13.3.2.8. Financial Analysis

                13.3.2.9. Profitability

                13.3.2.10. Revenue Share

                13.3.2.11. Executive Bios

            13.3.3. KUBOTA Corporation

                13.3.3.1. Company Overview

                13.3.3.2. Company Footprints

                13.3.3.3. Production Locations

                13.3.3.4. Product Portfolio

                13.3.3.5. Competitors & Customers

                13.3.3.6. Subsidiaries & Parent Organization

                13.3.3.7. Recent Developments

                13.3.3.8. Financial Analysis

                13.3.3.9. Profitability

                13.3.3.10. Revenue Share

                13.3.3.11. Executive Bios

            13.3.4. Valtra

                13.3.4.1. Company Overview

                13.3.4.2. Company Footprints

                13.3.4.3. Production Locations

                13.3.4.4. Product Portfolio

                13.3.4.5. Competitors & Customers

                13.3.4.6. Subsidiaries & Parent Organization

                13.3.4.7. Recent Developments

                13.3.4.8. Financial Analysis

                13.3.4.9. Profitability

                13.3.4.10. Revenue Share

                13.3.4.11. Executive Bios

            13.3.5. Escorts Limited

                13.3.5.1. Company Overview

                13.3.5.2. Company Footprints

                13.3.5.3. Production Locations

                13.3.5.4. Product Portfolio

                13.3.5.5. Competitors & Customers

                13.3.5.6. Subsidiaries & Parent Organization

                13.3.5.7. Recent Developments

                13.3.5.8. Financial Analysis

                13.3.5.9. Profitability

                13.3.5.10. Revenue Share

                13.3.5.11. Executive Bios

            13.3.6. YANMAR CO., LTD.

                13.3.6.1. Company Overview

                13.3.6.2. Company Footprints

                13.3.6.3. Production Locations

                13.3.6.4. Product Portfolio

                13.3.6.5. Competitors & Customers

                13.3.6.6. Subsidiaries & Parent Organization

                13.3.6.7. Recent Developments

                13.3.6.8. Financial Analysis

                13.3.6.9. Profitability

                13.3.6.10. Revenue Share

                13.3.6.11. Executive Bios

            13.3.7. CLAAS KGaA mbH

                13.3.7.1. Company Overview

                13.3.7.2. Company Footprints

                13.3.7.3. Production Locations

                13.3.7.4. Product Portfolio

                13.3.7.5. Competitors & Customers

                13.3.7.6. Subsidiaries & Parent Organization

                13.3.7.7. Recent Developments

                13.3.7.8. Financial Analysis

                13.3.7.9. Profitability

                13.3.7.10. Revenue Share

                13.3.7.11. Executive Bios

            13.3.8. Mahindra & Mahindra Ltd.

                13.3.8.1. Company Overview

                13.3.8.2. Company Footprints

                13.3.8.3. Production Locations

                13.3.8.4. Product Portfolio

                13.3.8.5. Competitors & Customers

                13.3.8.6. Subsidiaries & Parent Organization

                13.3.8.7. Recent Developments

                13.3.8.8. Financial Analysis

                13.3.8.9. Profitability

                13.3.8.10. Revenue Share

                13.3.8.11. Executive Bios

            13.3.9. Hitachi, Ltd.

                13.3.9.1. Company Overview

                13.3.9.2. Company Footprints

                13.3.9.3. Production Locations

                13.3.9.4. Product Portfolio

                13.3.9.5. Competitors & Customers

                13.3.9.6. Subsidiaries & Parent Organization

                13.3.9.7. Recent Developments

                13.3.9.8. Financial Analysis

                13.3.9.9. Profitability

                13.3.9.10. Revenue Share

                13.3.9.11. Executive Bios

            13.3.10. SAME DEUTZ-FAHR Italia S.p.A.

                13.3.10.1. Company Overview

                13.3.10.2. Company Footprints

                13.3.10.3. Production Locations

                13.3.10.4. Product Portfolio

                13.3.10.5. Competitors & Customers

                13.3.10.6. Subsidiaries & Parent Organization

                13.3.10.7. Recent Developments

                13.3.10.8. Financial Analysis

                13.3.10.9. Profitability

                13.3.10.10. Revenue Share

                13.3.10.11. Executive Bios

            13.3.11. AGCO Corporation

                13.3.11.1. Company Overview

                13.3.11.2. Company Footprints

                13.3.11.3. Production Locations

                13.3.11.4. Product Portfolio

                13.3.11.5. Competitors & Customers

                13.3.11.6. Subsidiaries & Parent Organization

                13.3.11.7. Recent Developments

                13.3.11.8. Financial Analysis

                13.3.11.9. Profitability

                13.3.11.10. Revenue Share

                13.3.11.11. Executive Bios

            13.3.12. AB Volvo

                13.3.12.1. Company Overview

                13.3.12.2. Company Footprints

                13.3.12.3. Production Locations

                13.3.12.4. Product Portfolio

                13.3.12.5. Competitors & Customers

                13.3.12.6. Subsidiaries & Parent Organization

                13.3.12.7. Recent Developments

                13.3.12.8. Financial Analysis

                13.3.12.9. Profitability

                13.3.12.10. Revenue Share

                13.3.12.11. Executive Bios

            13.3.13. Doosan Infracore

                13.3.13.1. Company Overview

                13.3.13.2. Company Footprints

                13.3.13.3. Production Locations

                13.3.13.4. Product Portfolio

                13.3.13.5. Competitors & Customers

                13.3.13.6. Subsidiaries & Parent Organization

                13.3.13.7. Recent Developments

                13.3.13.8. Financial Analysis

                13.3.13.9. Profitability

                13.3.13.10. Revenue Share

                13.3.13.11. Executive Bios

            13.3.14. BELL Equipment.

                13.3.14.1. Company Overview

                13.3.14.2. Company Footprints

                13.3.14.3. Production Locations

                13.3.14.4. Product Portfolio

                13.3.14.5. Competitors & Customers

                13.3.14.6. Subsidiaries & Parent Organization

                13.3.14.7. Recent Developments

                13.3.14.8. Financial Analysis

                13.3.14.9. Profitability

                13.3.14.10. Revenue Share

                13.3.14.11. Executive Bios

            13.3.15. Liebherr- International AG

                13.3.15.1. Company Overview

                13.3.15.2. Company Footprints

                13.3.15.3. Production Locations

                13.3.15.4. Product Portfolio

                13.3.15.5. Competitors & Customers

                13.3.15.6. Subsidiaries & Parent Organization

                13.3.15.7. Recent Developments

                13.3.15.8. Financial Analysis

                13.3.15.9. Profitability

                13.3.15.10. Revenue Share

                13.3.15.11. Executive Bios

            13.3.16. Komatsu America Corp.

                13.3.16.1. Company Overview

                13.3.16.2. Company Footprints

                13.3.16.3. Production Locations

                13.3.16.4. Product Portfolio

                13.3.16.5. Competitors & Customers

                13.3.16.6. Subsidiaries & Parent Organization

                13.3.16.7. Recent Developments

                13.3.16.8. Financial Analysis

                13.3.16.9. Profitability

                13.3.16.10. Revenue Share

                13.3.16.11. Executive Bios

            13.3.17. CNH Industrial America LLC

                13.3.17.1. Company Overview

                13.3.17.2. Company Footprints

                13.3.17.3. Production Locations

                13.3.17.4. Product Portfolio

                13.3.17.5. Competitors & Customers

                13.3.17.6. Subsidiaries & Parent Organization

                13.3.17.7. Recent Developments

                13.3.17.8. Financial Analysis

                13.3.17.9. Profitability

                13.3.17.10. Revenue Share

                13.3.17.11. Executive Bios

            13.3.18. ALLU Finland Oy

                13.3.18.1. Company Overview

                13.3.18.2. Company Footprints

                13.3.18.3. Production Locations

                13.3.18.4. Product Portfolio

                13.3.18.5. Competitors & Customers

                13.3.18.6. Subsidiaries & Parent Organization

                13.3.18.7. Recent Developments

                13.3.18.8. Financial Analysis

                13.3.18.9. Profitability

                13.3.18.10. Revenue Share

                13.3.18.11. Executive Bios

            13.3.19. Manitowoc

                13.3.19.1. Company Overview

                13.3.19.2. Company Footprints

                13.3.19.3. Production Locations

                13.3.19.4. Product Portfolio

                13.3.19.5. Competitors & Customers

                13.3.19.6. Subsidiaries & Parent Organization

                13.3.19.7. Recent Developments

                13.3.19.8. Financial Analysis

                13.3.19.9. Profitability

                13.3.19.10. Revenue Share

                13.3.19.11. Executive Bios

            13.3.20. Terex Corporation

                13.3.20.1. Company Overview

                13.3.20.2. Company Footprints

                13.3.20.3. Production Locations

                13.3.20.4. Product Portfolio

                13.3.20.5. Competitors & Customers

                13.3.20.6. Subsidiaries & Parent Organization

                13.3.20.7. Recent Developments

                13.3.20.8. Financial Analysis

                13.3.20.9. Profitability

                13.3.20.10. Revenue Share

                13.3.20.11. Executive Bios

            13.3.21. Other Key Players

                13.3.21.1. Company Overview

                13.3.21.2. Company Footprints

                13.3.21.3. Production Locations

                13.3.21.4. Product Portfolio

                13.3.21.5. Competitors & Customers

                13.3.21.6. Subsidiaries & Parent Organization

                13.3.21.7. Recent Developments

                13.3.21.8. Financial Analysis

                13.3.21.9. Profitability

                13.3.21.10. Revenue Share

                13.3.21.11. Executive Bios

    List of Tables

    Table 1: Global Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 2: Global Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 3: Global Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Table 4: Global Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Table 5: Global Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Table 6: Global Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Table 7: Global Off-road Vehicle Market Volume (Thousand Units) Forecast, by Region, 2017-2031

    Table 8: Global Off-road Vehicle Market Value (US$ Bn) Forecast, by Region, 2017-2031

    Table 9: North America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 10: North America Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 11: North America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Table 12: North America Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Table 13: North America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Table 14: North America Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Table 15: North America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Country 2017-2031

    Table 16: North America Off-road Vehicle Market Value (US$ Bn) Forecast, by Country 2017-2031

    Table 17: Europe Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 18: Europe Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 19: Europe Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Table 20: Europe Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Table 21: Europe Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Table 22: Europe Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Table 23: Europe Off-road Vehicle Market Volume (Thousand Units) Forecast, by Country, 2017-2031

    Table 24: Europe Off-road Vehicle Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Table 25: Asia Pacific Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 26: Asia Pacific Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 27: Asia Pacific Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Table 28: Asia Pacific Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Table 29: Asia Pacific Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Table 30: Asia Pacific Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Table 31: Asia Pacific Off-road Vehicle Market Volume (Thousand Units) Forecast, by Country, 2017-2031

    Table 32: Asia Pacific Off-road Vehicle Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Table 33: Middle East & Africa Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 34: Middle East & Africa Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 35: Middle East & Africa Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Table 36: Middle East & Africa Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Table 37: Middle East & Africa Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Table 38: Middle East & Africa Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Table 39: Middle East & Africa Off-road Vehicle Market Volume (Thousand Units) Forecast, by Country, 2017-2031

    Table 40: Middle East & Africa Off-road Vehicle Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Table 41: South America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 42: South America Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 43: South America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Table 44: South America Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Table 45: South America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Table 46: South America Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Table 47: South America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Country, 2017-2031

    Table 48: South America Off-road Vehicle Market Value (US$ Bn) Forecast, by Country, 2017-2031

    List of Figures

    Figure 1; Global Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Figure 2; Global Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 3; Global Off-road Vehicle Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022-2031

    Figure 4; Global Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Figure 5; Global Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Figure 6; Global Off-road Vehicle Market, Incremental Opportunity, by Fuel Type, Value (US$ Bn), 2022-2031

    Figure 7; Global Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Figure 8; Global Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Figure 9; Global Off-road Vehicle Market, Incremental Opportunity, by Engine Size, Value (US$ Bn), 2022-2031

    Figure 10: Global Off-road Vehicle Market Volume (Thousand Units) Forecast, by Region, 2017-2031

    Figure 11: Global Off-road Vehicle Market Value (US$ Bn) Forecast, by Region, 2017-2031

    Figure 12: Global Off-road Vehicle Market, Incremental Opportunity, by Region, Value (US$ Bn), 2022-2031

    Figure 13: North America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Figure 14: North America Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 15: North America Off-road Vehicle Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022-2031

    Figure 16: North America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Figure 17: North America Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Figure 18: North America Off-road Vehicle Market, Incremental Opportunity, by Fuel Type, Value (US$ Bn), 2022-2031

    Figure 19: North America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Figure 20: North America Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Figure 21: North America Off-road Vehicle Market, Incremental Opportunity, by Engine Size, Value (US$ Bn), 2022-2031

    Figure 22: North America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Country, 2017-2031

    Figure 23: North America Off-road Vehicle Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Figure 24: North America Off-road Vehicle Market, Incremental Opportunity, by Country, Value (US$ Bn), 2022-2031

    Figure 25: Europe Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Figure 26: Europe Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 27: Europe Off-road Vehicle Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022-2031

    Figure 28: Europe Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Figure 29: Europe Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Figure 30: Europe Off-road Vehicle Market, Incremental Opportunity, by Fuel Type, Value (US$ Bn), 2022-2031

    Figure 31: Europe Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Figure 32: Europe Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Figure 33: Europe Off-road Vehicle Market, Incremental Opportunity, by Engine Size, Value (US$ Bn), 2022-2031

    Figure 34: Europe Off-road Vehicle Market Volume (Thousand Units) Forecast, by Country, 2017-2031

    Figure 35: Europe Off-road Vehicle Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Figure 36: Europe Off-road Vehicle Market, Incremental Opportunity, by Country, Value (US$ Bn), 2022-2031

    Figure 37: Asia Pacific Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Figure 38: Asia Pacific Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 39: Asia Pacific Off-road Vehicle Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022-2031

    Figure 40: Asia Pacific Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Figure 41: Asia Pacific Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Figure 42: Asia Pacific Off-road Vehicle Market, Incremental Opportunity, by Fuel Type, Value (US$ Bn), 2022-2031

    Figure 43: Asia Pacific Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Figure 44: Asia Pacific Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Figure 45: Asia Pacific Off-road Vehicle Market, Incremental Opportunity, by Engine Size, Value (US$ Bn), 2022-2031

    Figure 46: Asia Pacific Off-road Vehicle Market Volume (Thousand Units) Forecast, by Country, 2017-2031

    Figure 47: Asia Pacific Off-road Vehicle Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Figure 48: Asia Pacific Off-road Vehicle Market, Incremental Opportunity, by Country, Value (US$ Bn), 2022-2031

    Figure 49: Middle East & Africa Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Figure 50: Middle East & Africa Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 51: Middle East & Africa Off-road Vehicle Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022-2031

    Figure 52: Middle East & Africa Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Figure 53: Middle East & Africa Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Figure 54: Middle East & Africa Off-road Vehicle Market, Incremental Opportunity, by Fuel Type, Value (US$ Bn), 2022-2031

    Figure 55: Middle East & Africa Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Figure 56: Middle East & Africa Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Figure 57: Middle East & Africa Off-road Vehicle Market, Incremental Opportunity, by Engine Size, Value (US$ Bn), 2022-2031

    Figure 58: Middle East & Africa Off-road Vehicle Market Volume (Thousand Units) Forecast, by Country, 2017-2031

    Figure 59: Middle East & Africa Off-road Vehicle Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Figure 60: Middle East & Africa Off-road Vehicle Market, Incremental Opportunity, by Country, Value (US$ Bn), 2022-2031

    Figure 61: South America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Figure 62: South America Off-road Vehicle Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 63: South America Off-road Vehicle Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022-2031

    Figure 64: South America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Fuel Type, 2017-2031

    Figure 65: South America Off-road Vehicle Market Value (US$ Bn) Forecast, by Fuel Type, 2017-2031

    Figure 66: South America Off-road Vehicle Market, Incremental Opportunity, by Fuel Type, Value (US$ Bn), 2022-2031

    Figure 67: South America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Engine Size, 2017-2031

    Figure 68: South America Off-road Vehicle Market Value (US$ Bn) Forecast, by Engine Size, 2017-2031

    Figure 69: South America Off-road Vehicle Market, Incremental Opportunity, by Engine Size, Value (US$ Bn), 2022-2031

    Figure 70: South America Off-road Vehicle Market Volume (Thousand Units) Forecast, by Country, 2017-2031

    Figure 71: South America Off-road Vehicle Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Figure 72: South America Off-road Vehicle Market, Incremental Opportunity, by Country, Value (US$ Bn), 2022-2031

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