Engine Market for Off-Highway Vehicle by Power Output (HP) (Construction: 400; Agriculture: 140), Capacity (10L), Fuel Type (Diesel, Gasoline & Others), & by Region - Forecast to 2020

Report Description:
 
 “Increasing infrastructure activities, with rising mechanization in agriculture industry to fuel the demand for off-highway engines; whereas stringent emission norms to drive off-highway vehicle engines technology”
 The off-highway vehicle engine market is projected to grow at a CAGR of 7.65% from 2015 to 2020 to reach the market size of USD 38.9 billion by 2020. Major factors driving growth of this market include growing population, rapid urbanization, increasing construction activities, and mechanization of agriculture.
 
 “51–80HP engines for agriculture tractors dominate the market”
 The 51–80HP segment of engines for agricultural tractors is projected to grow at the highest CAGR during the forecast period. This growth can be mainly attributed to mechanization trends observed in the agriculture industry, especially in the emerging nations such as China and India. This trend is estimated to continue during the forecast period. These factors make 51–80HP engine segment the largest market in agriculture segment.
 
 “Asia-Oceania: Highest growing market for off-highway engines”
 The Asia-Oceania region is estimated to dominate the off-highway vehicle engine market and is projected to grow at the highest CAGR during forecast period. This growth can be attributed to the progress in the socio-economic conditions by the emerging countries such as China, India, Indonesia, and Thailand. Large population in countries such as China and India has resulted in increased number of government projects such as airports, sewer systems, and renewable energy. 
 
Table Of Contents:
 
 1 INTRODUCTION 15
 1.1 OBJECTIVES OF THE STUDY 15
 1.2 MARKET DEFINITION 15
 1.3 MARKETS SCOPE 16
 1.4 CURRENCY 17
 1.5 PACKAGE SIZE 17
 1.6 LIMITATION 17
 1.7 STAKEHOLDERS 17
 
 2 RESEARCH METHODOLOGY 18
 2.1 RESEARCH DATA 18
 2.2 SECONDARY DATA 19
 2.3 PRIMARY DATA 20
 2.4 FACTOR ANALYSIS 22
 2.5 MARKET SIZE ESTIMATION 26
 2.6 DATA TRIANGULATION 28
 2.7 ASSUMPTIONS 29

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