Market Research Future published research report on “Global Automotive Off-Highway Engine Market Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Automotive Off-Highway Engine Market Research Report: Information by Power Output (30-100 HP, 100-400 HP, Above 400 HP), by Engine Capacity (10 Liter), by Fuel Type (Diesel, Gasoline & Others) and by Region - Forecast till 2023

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Global Automotive Off-Highway Engine Market Highlights:

The automotive industry manufactures automobiles not only for transportation of passengers and goods & materials, but also to produce specialized vehicles. These specialty vehicles are manufactured according to the requirement in fields such as agriculture, construction, and oil refineries. Often, the entire automobile is custom made according to the unique need of the niche operation, for which the vehicle is to be used. The power requirement and the load requirement of the operation decide the manufacture of the off-highway engine. The off-highway engine has to adhere to the strict emission norms laid down by the government and hence its production requires special design and production layout.

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:  10 Litre.

By Fuel Types: Diesel and Gasoline among others.

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

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific market is expected to drive the growth of Off-Highway engines. The automotive industry in this region is being driven by countries such as India, China, and Japan. The automation research hub of Asia – Japan leads the region in market innovation. The increasing automation in sectors such as agriculture and construction in a growing economy like India, is leading to increased demand for high powered off-highway engines. The increased preference for large-scale agriculture activities such as harvesting, plowing, and sowing, among farmers, increases the demand for high-performance off-highway engines. This can be customized according to the power output requirement.

LIST OF TABLES:

TABLE 1 GLOBAL AUTOMOTIVE OFF-HIGHWAY ENGINE MARKET, BY PILLAR TYPE, 2016-2023 (USD MILLION)

TABLE 2 AUTOMOTIVE OFF-HIGHWAY ENGINE GLOBAL MARKET, BY VEHICLE TYPE, 2016-2023 (USD MILLION)

TABLE 3 AUTOMOTIVE OFF-HIGHWAY ENGINE GLOBAL MARKET, BY VEHICLE TYPE, 2016-2023 (USD MILLION)

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LIST OF FIGURES

FIGURE 1 KEY BUYING CRITERIA OF AUTOMOTIVE OFF-HIGHWAY ENGINES

FIGURE 2 RESEARCH PROCESS OF MRFR

FIGURE 3 TOP DOWN & BOTTOM UP APPROACH

FIGURE 4 PORTER'S FIVE FORCES ANALYSIS OF AUTOMOTIVE OFF-HIGHWAY ENGINE GLOBAL MARKET

FIGURE 5 SUPPLY CHAIN AUTOMOTIVE OFF-HIGHWAY ENGINE GLOBAL MARKET

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