Off-highway equipment is a very broad term that is used to describe equipment that spends the bulk of its time off-road. The type of equipment can range from large trucks used in mining to small agricultural machines, and everything in between. Construction and mining equipment operate in conditions that are hard on the components. According to market research study published by our report Company, the global off-highway equipment market is expected to reach approximately USD 325,745 million, representing a CAGR of 2.5% during the forecast period 2022-2028.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global off-highway equipment market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the off-highway equipment industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, powertrain, and region. The global market for off-highway equipment can be segmented by product: agriculture equipment (tractor, combine harvester, tillage equipment, planting and crop care equipment, harvesting equipment, others), construction and mining equipment (excavators, loaders, cranes, trucks and tractors, graders/rollers, mixers and pavers, others). Off-highway equipment market is further segmented by powertrain: ICE, pure electric and hybrid. Based on region, the off-highway equipment market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:

agriculture equipment (tractor, combine harvester, tillage equipment, planting and crop care equipment, harvesting equipment, others)
construction and mining equipment (excavators, loaders, cranes, trucks and tractors, graders/rollers, mixers and pavers, others)
By powertrain:
ICE
pure electric and hybrid
By region:
Asia Pacific
Europe
North America
Rest of the World (RoW)
The market research report covers the analysis of key stake holders of the global off-highway equipment market. Some of the leading players profiled in the report include AB Volvo, AGCO Corporation, Caterpillar Inc., CLAAS KGaA mbH, CNH Industrial N.V., Deere & Company, Doosan Corporation, Hitachi, Ltd., Joseph Cyril Bamford Excavators Ltd., KOBELCO Construction Machinery Co., Ltd., Komatsu Ltd., Liebherr-International Deutschland GmbH, Mahindra & Mahindra Limited (M&M), Sany Heavy Industry Co., Ltd., Takeuchi Mfg. Co., Ltd., Xuzhou Construction Machinery Group Co., Ltd., Zoomlion Heavy Industry Science and Technology Co., Ltd., among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
To analyze and forecast the market size of the global off-highway equipment market.
To classify and forecast the global off-highway equipment market based on product, powertrain, region.
To identify drivers and challenges for the global off-highway equipment market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global off-highway equipment market.
To identify and analyze the profile of leading players operating in the global off-highway equipment market.
Why Choose This Report
Gain a reliable outlook of the global off-highway equipment market forecasts from 2022 to 2028 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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