Global Automotive Off-Highway Engine market cagr 12.4%

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Automotive OffHighway Engine Market

Automotive Off-Highway Engine Market Size and Growth

The Automotive Off-Highway Engine market is experiencing robust growth, driven by increasing demand for agricultural and construction machinery. The market size is projected to reach approximately $14 billion by 2025. Key factors include technological advancements, regulatory pressures for emission reductions, and a shift towards electrification and hybrid solutions in offhighway applications.

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Companies Covered

(Covid 19 Impact Covered)

◍ Cummins

◍ Caterpillar

◍ Deere & Company

◍ Deutz

◍ Volvo Group

◍ Kubota

◍ Mahindra and Mahindra

◍ AGCO

◍ Massey Ferguson

◍ J.C. Bamford Excavators

The Automotive Off-Highway Engine Market features companies like Cummins, Caterpillar, Deere, and Volvo, enhancing efficiency and reducing emissions. Innovations drive growth, with Mahindra and AGCO expanding applications. Notable sales include Cummins at $19.8 billion and Volvo at $45.4 billion, showcasing their market influence and contributions to industry advancement.

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Market Segmentation

By Application

Road Construction

Agriculture ◍ Long Distance Transportation

By Product

◍ 30-100 HP

100-400 HP

Above 400 HP

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Market Growth

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$ X Billion USD

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