Global Heavy Duty Engines Market Report 2024

Heavy Duty Engines Global Market Report 2024 – By Vehicle Class (Class 7, Class 8), By Horsepower (Below 400HP, 400HP - 500HP, 500HP - 600HP, Above 600HP), By End-User (Agriculture, Mining, Construction, Transportation and Logistics, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Heavy Duty Engines Global Market Report 2024

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Heavy Duty Engines Market Definition

Heavy-duty engines refer to the engines that are used for heavy-duty vehicles. Heavy-duty vehicles usually have a gross vehicle weight of 10,000 pounds or more, which can be worked only with the help of heavy engines. The heavy-duty engine is used in producing power for heavy engines for many sectors, such as marine, locomotive, and mechanical drive applications and electrical power generation.

The main types of heavy-duty engines are class 7 and class 8 vehicles. The class 7 heavy-duty engines are defined as vehicles designed to carry heavy loads. The class 7 vehicles usually have three or more axles, with a gross vehicle weight rating of between 26,001 pounds and 33,000 pounds. The most commonly used class 7 vehicles are garbage trucks, city transit buses, and street sweepers. The various horsepower include below 400hp, 400hp-500hp, 500hp-600hp, and above 600hp. It is employed by numerous end-users in such areas as agriculture, mining, construction, transportation and logistics, and others.

Heavy Duty Engines Market Segmentation

The heavy duty engines market covered in this report is segmented –

1) By Vehicle Class: Class 7, Class 8

2) By Horsepower: Below 400HP, 400HP - 500HP, 500HP - 600HP, Above 600HP

3) By End-User: Agriculture, Mining, Construction, Transportation and Logistics, Other End Users

Global Heavy Duty Engines Market Size 2023 to 2028: Graph

Heavy Duty Engines Market Size 2024 And Growth Rate

The heavy duty engines market size has grown strongly in recent years. It will grow from $49.31 billion in 2023 to $52.88 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to infrastructure and construction growth, emission regulations compliance, demand for fuel efficiency, globalization of trade and transportation, rise in vehicle sizes and capacities.

Heavy Duty Engines Market Growth Forecast

The heavy duty engines market size is expected to see strong growth in the next few years. It will grow to $70.22 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to demand for advanced materials, government incentives and support, focus on durability and reliability, shift to alternative fuels, globalization of trade and transport. Major trends in the forecast period include electrification of powertrains, efficiency enhancements in combustion engines, adoption of hybrid technologies, advancements in engine management systems, focus on sustainable fuels.

Heavy Duty Engines Market Driver: Construction Industry Expansion Fuels Growth In Heavy-Duty Engines Market

The growing construction industry is expected to propel the growth of the heavy duty engines market going forward. Construction refers to the process, art, or manner of building some structure. Construction includes residential buildings, institutional and commercial buildings, and specialized industrial construction. Heavy-duty engines are used for preparing concrete mixes for big construction projects along with carrying big loads that make up the structure. For instance, according to Make in India, an initiative by the Indian government to encourage companies to develop and manufacture products that are made in India, the Indian construction and real estate sector is expected to reach USD 1 trillion by 2030. Also, the construction and real estate sector contribution to India’s GDP is expected to reach 13% by 2025. Therefore, the rising construction industry is driving the growth of the heavy duty engines market.

Heavy Duty Engines Market Driver: Expanding Mining Sector Ignites Growth In Heavy Duty Engines Market

The rising mining industry is expected to propel the growth of the heavy duty engines market going forward. The mining industry encompasses the extraction, processing, and production of minerals, metals, and other geological resources for various industrial purposes. The mining industry utilizes heavy-duty engines to power heavy machinery and equipment essential for the excavation, transportation, and processing of minerals and resources. For instance, in May 2023, according to the Australian Bureau of Statistics, an Australia-based national statistical agency, the mining industry saw a substantial increase in earnings by $54.3 billion (32.7%) in 2021-22, demonstrating growth in all primary data indicators after a $7.7 billion (4.9%) rise in 2020-21. Additionally, mining IVA (Industry Value Added) surged by 29.5% ($64.6 billion), following a 4.4% ($9.2 billion) increase in the previous year. Therefore, the rising mining industry is driving the growth of the heavy duty engines market.

Global Heavy Duty Engines Market Major Players

Major companies operating in the heavy-duty engines market report are Daimler AG, Mercedes-Benz, Caterpillar Inc., Deere & Company, Volvo Trucks Corporation, Mitsubishi Heavy Industries, PACCAR, Cummins Inc., Weichai Power Co. Ltd., Komatsu Ltd., Isuzu Motors Ltd., Kubota Corporation, Scania AB, MAN SE, Liebherr Group, Hino Motors Ltd., AGCO Corporation, YANMAR HOLDINGS CO. LTD., Navistar Inc., Wärtsilä Oyj Abp, Ashok Leyland Ltd., Rolls-Royce Power Systems AG, China Yuchai International Limited, Deutz AG, Detroit Diesel Corporation, Mack Trucks Inc., Doosan Infracore, Kirloskar Group, Perkins Engines Company Limited, J.C. Bamford Excavators Limited

Global Heavy Duty Engines Market Trend: Technological Advancement Drive Evolution In The Heavy-Duty Engines Market

Technological advancements have emerged as a key trend gaining popularity in the heavy duty engines market. Major companies operating in the market are introducing technological innovations to sustain their position in the market. For instance, in February 2021, Clear Flame Engine Technologies, a US-based start-up that manufactures heavy-duty engines, launched its net-zero engine technology. With this technology, heavy-duty truck diesel engines can be operated on 100% renewable plant-based fuels. This technology helps in increasing the machine's capacity and makes it environmentally friendly. It also helps in meeting the efficiency and performance requirements of the customer.

Global Heavy Duty Engines Market Trend: Leading Heavy Duty Engine Manufacturers Pave The Way With Zero-Carbon Emissions Solutions

Major companies operating in the heavy duty engines market are focusing on advanced solutions such as zero-carbon emissions solutions to address environmental concerns and gain a competitive edge. Zero-carbon emissions solutions aim to eliminate or offset the release of carbon dioxide and other greenhouse gases into the atmosphere. For instance, in March 2023, JCB, a US-based construction and agricultural equipment manufacturer, launched a hydrogen combustion engine. This innovative zero-carbon emissions solution has the potential to revolutionize the construction equipment sector and contribute to a greener future. JCB's hydrogen combustion engine powers prototype versions of their backhoe loader and Loadall telescopic handler. The hydrogen fuel used in the engine emits only steam, resulting in zero CO2 emissions at the point of use. Furthermore, JCB's prototype backhoe loader, equipped with a hydrogen motor, can perform all the tasks of its diesel-powered counterpart.

Heavy Duty Engines Market Merger And Acquisition:

Traton Group's Acquisition Of Navistar International Strengthens Commitment To Sustainable Transportation Solutions

In July 2021, Traton Group, a Germany-based manufacturer of commercial vehicles, acquired Navistar International Corporation for USD3.7 billion. Traton Group aims at providing sustainable transportation offerings through autonomous driving establishments and electric mobility implementations. Navistar International Corporation is a US-based manufacturer of heavy-duty engines such as trucks and diesel engines.

Regional Insights For The Global Heavy Duty Engines Market

Asia-Pacific was the largest region in the heavy duty engines market in 2023. The regions covered in the heavy duty engines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the heavy duty engines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The heavy duty engines market consists of sales of semi-truck engines and heavy duty diesel truck engines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The heavy-duty engines market research report is one of a series of new reports from The Business Research Company that provides heavy duty engines market statistics, including heavy duty engines industry global market size, regional shares, competitors with a heavy duty engines market share, detailed heavy duty engines market segments, market trends and opportunities, and any further data you may need to thrive in the heavy duty engines industry. This heavy duty engines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Heavy Duty Engines Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $52.88 billion
Revenue Forecast In 2033 $70.22 billion
Growth Rate CAGR of 7.3% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Vehicle Class: Class 7, Class 8
2) By Horsepower: Below 400HP, 400HP - 500HP, 500HP - 600HP, Above 600HP
3) By End-User: Agriculture, Mining, Construction, Transportation And Logistics, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Daimler AG; Mercedes-Benz; Caterpillar Inc.; Deere & Company; Volvo Trucks Corporation; Mitsubishi Heavy Industries; PACCAR; Cummins Inc.; Weichai Power Co. Ltd.; Komatsu Ltd.; Isuzu Motors Ltd.; Kubota Corporation; Scania AB; MAN SE; Liebherr Group; Hino Motors Ltd.; AGCO Corporation; YANMAR HOLDINGS CO. LTD.; Navistar Inc.; Wärtsilä Oyj Abp; Ashok Leyland Ltd.; Rolls-Royce Power Systems AG; China Yuchai International Limited; Deutz AG; Detroit Diesel Corporation; Mack Trucks Inc.; Doosan Infracore; Kirloskar Group; Perkins Engines Company Limited; J.C. Bamford Excavators Limited
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Heavy Duty Engines Market Characteristics

    3. Heavy Duty Engines Market Trends And Strategies

    4. Heavy Duty Engines Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Heavy Duty Engines Market Size and Growth

    5.1. Global Heavy Duty Engines Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Heavy Duty Engines Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Heavy Duty Engines Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Heavy Duty Engines Market Segmentation

    6.1. Global Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Class 7

    Class 8

    6.2. Global Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Below 400HP

    400HP - 500HP

    500HP - 600HP

    Above 600HP

    6.3. Global Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Agriculture

    Mining

    Construction

    Transportation and Logistics

    Other End Users

    7. Heavy Duty Engines Market Regional And Country Analysis

    7.1. Global Heavy Duty Engines Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Heavy Duty Engines Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Heavy Duty Engines Market

    8.1. Asia-Pacific Heavy Duty Engines Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Heavy Duty Engines Market

    9.1. China Heavy Duty Engines Market Overview

    9.2. China Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Heavy Duty Engines Market

    10.1. India Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Heavy Duty Engines Market

    11.1. Japan Heavy Duty Engines Market Overview

    11.2. Japan Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Heavy Duty Engines Market

    12.1. Australia Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Heavy Duty Engines Market

    13.1. Indonesia Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Heavy Duty Engines Market

    14.1. South Korea Heavy Duty Engines Market Overview

    14.2. South Korea Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Heavy Duty Engines Market

    15.1. Western Europe Heavy Duty Engines Market Overview

    15.2. Western Europe Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Heavy Duty Engines Market

    16.1. UK Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Heavy Duty Engines Market

    17.1. Germany Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Heavy Duty Engines Market

    18.1. France Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Heavy Duty Engines Market

    19.1. Italy Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Heavy Duty Engines Market

    20.1. Spain Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Heavy Duty Engines Market

    21.1. Eastern Europe Heavy Duty Engines Market Overview

    21.2. Eastern Europe Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Heavy Duty Engines Market

    22.1. Russia Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Heavy Duty Engines Market

    23.1. North America Heavy Duty Engines Market Overview

    23.2. North America Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Heavy Duty Engines Market

    24.1. USA Heavy Duty Engines Market Overview

    24.2. USA Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Heavy Duty Engines Market

    25.1. Canada Heavy Duty Engines Market Overview

    25.2. Canada Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Heavy Duty Engines Market

    26.1. South America Heavy Duty Engines Market Overview

    26.2. South America Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Heavy Duty Engines Market

    27.1. Brazil Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Heavy Duty Engines Market

    28.1. Middle East Heavy Duty Engines Market Overview

    28.2. Middle East Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Heavy Duty Engines Market

    29.1. Africa Heavy Duty Engines Market Overview

    29.2. Africa Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Heavy Duty Engines Market Competitive Landscape And Company Profiles

    30.1. Heavy Duty Engines Market Competitive Landscape

    30.2. Heavy Duty Engines Market Company Profiles

    30.2.1. Daimler AG

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Mercedes-Benz

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Caterpillar Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Deere & Company

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Volvo Trucks Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Heavy Duty Engines Market Other Major And Innovative Companies

    31.1. Mitsubishi Heavy Industries

    31.2. PACCAR

    31.3. Cummins Inc.

    31.4. Weichai Power Co. Ltd.

    31.5. Komatsu Ltd.

    31.6. Isuzu Motors Ltd.

    31.7. Kubota Corporation

    31.8. Scania AB

    31.9. MAN SE

    31.10. Liebherr Group

    31.11. Hino Motors Ltd.

    31.12. AGCO Corporation

    31.13. YANMAR HOLDINGS CO. LTD.

    31.14. Navistar Inc.

    31.15. Wärtsilä Oyj Abp

    32. Global Heavy Duty Engines Market Competitive Benchmarking

    33. Global Heavy Duty Engines Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Heavy Duty Engines Market

    35. Heavy Duty Engines Market Future Outlook and Potential Analysis

    35.1 Heavy Duty Engines Market In 2028 - Countries Offering Most New Opportunities

    35.2 Heavy Duty Engines Market In 2028 - Segments Offering Most New Opportunities

    35.3 Heavy Duty Engines Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Heavy Duty Engines Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Heavy Duty Engines Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Daimler AG Financial Performance
  • Table 75: Mercedes-Benz Financial Performance
  • Table 76: Caterpillar Inc. Financial Performance
  • Table 77: Deere & Company Financial Performance
  • Table 78: Volvo Trucks Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Heavy Duty Engines Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Heavy Duty Engines Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Heavy Duty Engines Market, Segmentation By Vehicle Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Heavy Duty Engines Market, Segmentation By Horsepower, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Heavy Duty Engines Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Daimler AG Financial Performance
  • Figure 75: Mercedes-Benz Financial Performance
  • Figure 76: Caterpillar Inc. Financial Performance
  • Figure 77: Deere & Company Financial Performance
  • Figure 78: Volvo Trucks Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the heavy duty engines market?

Heavy-duty engines refer to the engines that are used for heavy-duty vehicles. Heavy-duty vehicles usually have a gross vehicle weight of 10,000 pounds or more, which can be worked only with the help of heavy engines. The heavy-duty engine is used in producing power for heavy engines for many sectors, such as marine, locomotive, and mechanical drive applications and electrical power generation. For further insights on the heavy duty engines market, request a sample here

How will the heavy duty engines market drivers and restraints affect the heavy duty engines market dynamics? What forces will shape the heavy duty engines industry going forward?

The heavy duty engines market major growth driver - construction industry expansion fuels growth in heavy-duty engines market. For further insights on the heavy duty engines market, request a sample here

What is the forecast market size or the forecast market value of the heavy duty engines market ?

The heavy duty engines market size has grown strongly in recent years. It will grow from $49.31 billion in 2023 to $52.88 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to infrastructure and construction growth, emission regulations compliance, demand for fuel efficiency, globalization of trade and transportation, rise in vehicle sizes and capacities. The heavy duty engines market size is expected to see strong growth in the next few years. It will grow to $70.22 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to demand for advanced materials, government incentives and support, focus on durability and reliability, shift to alternative fuels, globalization of trade and transport. Major trends in the forecast period include electrification of powertrains, efficiency enhancements in combustion engines, adoption of hybrid technologies, advancements in engine management systems, focus on sustainable fuels. For further insights on the heavy duty engines market, request a sample here

How is the heavy duty engines market segmented?

The heavy duty engines market is segmented
1) By Vehicle Class: Class 7, Class 8
2) By Horsepower: Below 400HP, 400HP - 500HP, 500HP - 600HP, Above 600HP
3) By End-User: Agriculture, Mining, Construction, Transportation and Logistics, Other End UsersFor further insights on the heavy duty engines market,
request a sample here

Which region has the largest share of the heavy duty engines market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the heavy duty engines market in 2023. The regions covered in the heavy duty engines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the heavy duty engines market, request a sample here.

Who are the major players in the heavy duty engines market?

Major companies operating in the heavy-duty engines market report are Daimler AG, Mercedes-Benz, Caterpillar Inc., Deere & Company, Volvo Trucks Corporation, Mitsubishi Heavy Industries, PACCAR, Cummins Inc., Weichai Power Co. Ltd., Komatsu Ltd., Isuzu Motors Ltd., Kubota Corporation, Scania AB, MAN SE, Liebherr Group, Hino Motors Ltd., AGCO Corporation, YANMAR HOLDINGS CO. LTD., Navistar Inc., Wärtsilä Oyj Abp, Ashok Leyland Ltd., Rolls-Royce Power Systems AG, China Yuchai International Limited, Deutz AG, Detroit Diesel Corporation, Mack Trucks Inc., Doosan Infracore, Kirloskar Group, Perkins Engines Company Limited, J.C. Bamford Excavators Limited For further insights on the heavy duty engines market, request a sample here.

What are the key trends in the heavy duty engines market?

Major trend in the heavy duty engines market - leading heavy duty engine manufacturers pave the way with zero-carbon emissions solutions. For further insights on the heavy duty engines market, request a sample here.

What are the major opportunities in the heavy duty engines market? What are the strategies for the heavy duty engines market?

For detailed insights on the major opportunities and strategies in the heavy duty engines market, request a sample here.

How does the heavy duty engines market relate to the overall economy and other similar markets?

For detailed insights on heavy duty engines market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the heavy duty engines industry?

For detailed insights on the mergers and acquisitions in the heavy duty engines industry, request a sample here.

What are the key dynamics influencing the heavy duty engines market growth? SWOT analysis of the heavy duty engines market.

For detailed insights on the key dynamics influencing the heavy duty engines market growth and SWOT analysis of the heavy duty engines industry, request a sample here.