Off-road Vehicle Engines Market Size 2024 and Forecast to 2031

The global Off-road Vehicle Engines Market size was USD 48.47 billion in 2024 and the market is projected to touch USD 72.53 billion by 2031, exhibiting a CAGR of 5.8% during the forecast period.

Global “Off-road Vehicle Engines Market” Report 2024 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2024-2031.This research studies of Off-road Vehicle Engines involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, and present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

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Market Analysis and Insights: Global Off-road Vehicle Engines Market

The global Off-road Vehicle Engines Market size was USD 48.47 billion in 2024 and the market is projected to touch USD 72.53 billion by 2031, exhibiting a CAGR of 5.8% during the forecast period.

The major players covered in the Off-road Vehicle Engines market report are:

  • Conagra Brands (U.S.)
  • CSC Brand (Campbell Off-road Vehicle Engines Company) (U.S.)
  • General Mills (U.S.)
  • Nestle (Switzerland)
  • The Kraft Heinz Company (U.S.)
  • Unilever (U.K.)
  • Amy's Kitchen (U.S.)
  • Bear Creek Country Kitchens (U.S.)

COVID-19 Impact: Market Growth Restrained by Pandemic due to Supply Chain Disruptions

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The Off-road Vehicle Engines market has been affected by the COVID-19 pandemic, mainly due to disruptions in the supply chain. Lockdowns and safety measures have made it challenging for Off-road Vehicle Engines manufacturers to get ingredients and maintain regular production. Changes in consumer behavior, like stocking up on essentials, have led to fluctuations in Off-road Vehicle Engines demand, and the closure of restaurants has impacted bulk purchases. Delays in production and increased costs are also challenges. Despite these difficulties, the industry is adapting by rethinking supply chain strategies and embracing online shopping trends. The market's recovery depends on how long the pandemic lasts and if there are more disruptions to the supply chain.

Segment by Type:

Under 50 Hp, 50-100 Hp, and Above 100 Hp

Segment by Application:

Construction Machinery, Agricultural Machinery, and Other

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Detailed TOC of Global Off-road Vehicle Engines Market Insights, Forecast to 2031

1 Study Coverage

1.1 Off-road Vehicle Engines Product Introduction

1.2 Market by Type

1.2.1 Global Off-road Vehicle Engines Market Size Growth Rate by Type, 2018 VS 2024 VS 2031

1.2.2 Wet Off-road Vehicle Engines

1.2.3 Dry Off-road Vehicle Engines

1.3 Market by Application

1.3.1 Global Off-road Vehicle Engines Market Size Growth Rate by Application, 2018 VS 2024 VS 2031

1.3.2 Food and Drink Specialists

1.3.3 Retailers

1.3.4 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Executive Summary

2.1 Global Off-road Vehicle Engines Sales Estimates and Forecasts 2018-2031

2.2 Global Off-road Vehicle Engines Revenue by Region

2.2.1 Global Off-road Vehicle Engines Revenue by Region: 2018 VS 2024 VS 2031

2.2.2 Global Off-road Vehicle Engines Revenue by Region (2018-2023)

2.2.3 Global Off-road Vehicle Engines Revenue by Region (2024-2031)

2.2.4 Global Off-road Vehicle Engines Revenue Market Share by Region (2018-2031)

2.3 Global Off-road Vehicle Engines Sales Estimates and Forecasts 2018-2031

2.4 Global Off-road Vehicle Engines Sales by Region

2.4.1 Global Off-road Vehicle Engines Sales by Region: 2018 VS 2024 VS 2031

2.4.2 Global Off-road Vehicle Engines Sales by Region (2018-2023)

2.4.3 Global Off-road Vehicle Engines Sales by Region (2024-2031)

2.4.4 Global Off-road Vehicle Engines Sales Market Share by Region (2018-2031)

2.5 US & Canada

2.6 Europe

2.7 China

2.8 Asia (excluding China)

2.9 Middle East, Africa and Latin America

3 Competition by Manufactures

3.1 Global Off-road Vehicle Engines Sales by Manufacturers

3.1.1 Global Off-road Vehicle Engines Sales by Manufacturers (2018-2023)

3.1.2 Global Off-road Vehicle Engines Sales Market Share by Manufacturers (2018-2023)

3.1.3 Global Top 10 and Top 5 Largest Manufacturers of Off-road Vehicle Engines in 2024

3.2 Global Off-road Vehicle Engines Revenue by Manufacturers

3.2.1 Global Off-road Vehicle Engines Revenue by Manufacturers (2018-2023)

3.2.2 Global Off-road Vehicle Engines Revenue Market Share by Manufacturers (2018-2023)

3.2.3 Global Top 10 and Top 5 Companies by Off-road Vehicle Engines Revenue in 2024

3.3 Global Key Players of Off-road Vehicle Engines , Industry Ranking, 2021 VS 2024 VS 2023

3.4 Global Off-road Vehicle Engines Sales Price by Manufacturers

3.5 Analysis of Competitive Landscape

3.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)

3.5.2 Global Off-road Vehicle Engines Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.6 Global Key Manufacturers of Off-road Vehicle Engines , Manufacturing Base Distribution and Headquarters

3.7 Global Key Manufacturers of Off-road Vehicle Engines , Product Offered and Application

3.8 Global Key Manufacturers of Off-road Vehicle Engines , Date of Enter into This Industry

3.9 Mergers & Acquisitions, Expansion Plans

4 Market Size by Type

4.1 Global Off-road Vehicle Engines Sales by Type

4.1.1 Global Off-road Vehicle Engines Historical Sales by Type (2018-2023)

4.1.2 Global Off-road Vehicle Engines Forecasted Sales by Type (2024-2031)

4.1.3 Global Off-road Vehicle Engines Sales Market Share by Type (2018-2031)

4.2 Global Off-road Vehicle Engines Revenue by Type

4.2.1 Global Off-road Vehicle Engines Historical Revenue by Type (2018-2023)

4.2.2 Global Off-road Vehicle Engines Forecasted Revenue by Type (2024-2031)

4.2.3 Global Off-road Vehicle Engines Revenue Market Share by Type (2018-2031)

4.3 Global Off-road Vehicle Engines Price by Type

4.3.1 Global Off-road Vehicle Engines Price by Type (2018-2023)

4.3.2 Global Off-road Vehicle Engines Price Forecast by Type (2024-2031)

5 Market Size by Application

5.1 Global Off-road Vehicle Engines Sales by Application

5.1.1 Global Off-road Vehicle Engines Historical Sales by Application (2018-2023)

5.1.2 Global Off-road Vehicle Engines Forecasted Sales by Application (2024-2031)

5.1.3 Global Off-road Vehicle Engines Sales Market Share by Application (2018-2031)

5.2 Global Off-road Vehicle Engines Revenue by Application

5.2.1 Global Off-road Vehicle Engines Historical Revenue by Application (2018-2023)

5.2.2 Global Off-road Vehicle Engines Forecasted Revenue by Application (2024-2031)

5.2.3 Global Off-road Vehicle Engines Revenue Market Share by Application (2018-2031)

5.3 Global Off-road Vehicle Engines Price by Application

5.3.1 Global Off-road Vehicle Engines Price by Application (2018-2023)

5.3.2 Global Off-road Vehicle Engines Price Forecast by Application (2024-2031)


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