Off Road Accessories Market 2019 Global Size, Share, Industry Analysis by 2025

Off Road Accessories Market 2019 Global Size, Share, Industry Analysis by 2025
The global off-road equipment market is estimated to witness 4.0% CAGR during the forecast period, 2019–2025. Global Off-Road Equipment Market Research Report: Information by Machinery Type (Harvesters & Forwarders, Farm Tractors, Excavators & Loaders, Others), End-Use Industry (Forestry, Construction, Agriculture, Mining), and Region (North America, Europe, Asia-Pacific, and the Rest of the World) – Forecast till 2025

Published by Market Research Future, the Global Off-Road Equipment Market is projected to witness ~4.0% CAGR during forecast period of 2019 to 2025. Off-road equipment is used through off-road vehicles to perform tasks on the ground, above, or below the ground. The off-road equipment varies widely from a range of large mining trucks, to lawn mowers and large mining trucks to small agricultural machines. Also, the same off-road equipment can vary in specification for different industries, for instance, the harvester’s machinery specification is different for the agriculture and forestry industries.

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Off-Road Equipment Market Key Players:

The prominent players in the global off-road equipment market include Caterpillar Inc. (US), Kubota Corporation (Japan), CNH Industrial N.V. (US), Hitachi Construction Machinery (Japan), Deere & Company (US), Komatsu Ltd (Japan), Sandvik AB (Sweden), The Liebherr Group (Germany), Blount International, Inc. (US), and Doosan Infracore (South Korea).

Global Off-Road Equipment Market Segmentation:

The global off-road equipment market is segmented based on machinery type, end-use industry, and region. On the basis of machinery type, the market has been segmented into excavators & loaders, metals & minerals mining machinery, harvesters and forwarders, farm tractors, planting and fertilizing equipment, and others. The excavators & loaders machinery type segment is expected to dominate the global market in terms of value and volume during the forecast period. On the basis of end-use industry, the market has been segmented into construction, agriculture, mining, forestry, and others. The construction segment is expected to dominate the global market in terms of both, value and volume during the forecast period.

Geographically, the global off-road equipment market has been segmented into four regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is expected to hold a prominent market share during the forecast period owing to the growth of manufacturing units and the rise in labor cost, which increases the demand for machinery. On the other hand, the Rest of the World is expected to witness substantial growth with the rising construction industry.

Report Overview:

The report for Global Off-Road Equipment Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market.

Intended Audience:
• Off-road equipment manufacturers
• Off-road vehicle manufacturers
• Off- road vehicle technology providers
• End-use industries
• Manufacturers and distributors of raw materials
• Heavy duty vehicle parts suppliers
• Exporters, dealers, and distributors
• Heavy equipment leasing and renting companies

Global Off-Road Equipment Market Regional Analysis:

Geographically, the global off-road equipment market has been segmented into four regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is expected to hold a prominent market share during the forecast period owing to the growth of manufacturing units and the rise in labor cost, which increases the demand for machinery. On the other hand, the Rest of the World is expected to witness substantial growth with the rising construction industry.

List Of Tables

Table 1 Global Off-Road Equipment Market: By Region, 2017–2025

Table 2 North America: Off-Road Equipment Market: By Country, 2017–2025

Table 3 Europe: Off-Road Equipment Market: By Country, 2017–2025

Table 4 Asia-Pacific: Off-Road Equipment Market: By Country, 2017–2025

Table 5 RoW: Off-Road Equipment Market: By Region, 2017–2025

Table 6 Global Off-Road Equipment Market, By Machinery Type, By Regions, 2017–2025

Table 7 North America: Off-Road Equipment Market, By Machinery Type, By Country, 2017–2025

Table 8 Europe: Off-Road Equipment Market, By Machinery Type, By Country, 2017–2025

Table 9 Asia-Pacific: Off-Road Equipment Market, By Machinery Type, By Country, 2017–2025

Table 10 RoW: Off-Road Equipment Market, By Machinery Type, By Country, 2017–2025

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