Insights into the Industry
The off-highway machinery industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of off-highway machinery ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the off-highway machinery market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards off-highway machinery 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the off-highway machinery industry and impacting its growth. Our report divides the off-highway machinery market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global off-highway machinery market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Off-Highway Machinery Market research report which is segmented by Products (Mobile Cranes, Lifting Platforms, Loaders, Dozers), by Applications (Construction, Mining & Excavation, Marine & Offshore, Industrial Applications, Others), by Key Players/Companies Terex Corporation, Kato-works Co. Ltd., Hitachi Sumitomo Heavy Industries, Liebherr Group, Zoomlion Co. Ltd., Tadano Ltd., Palfinger AG, Manitowoc Company Inc., XCMG Group, Sany Group Co. Ltd”. In 2020, the global off-highway machinery market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Off-Highway Machinery Market Research Report |
| By Products | Mobile Cranes, Lifting Platforms, Loaders, Dozers |
| By Applications | Construction, Mining & Excavation, Marine & Offshore, Industrial Applications, Others |
| By Key Players | Terex Corporation, Kato-works Co. Ltd., Hitachi Sumitomo Heavy Industries, Liebherr Group, Zoomlion Co. Ltd., Tadano Ltd., Palfinger AG, Manitowoc Company Inc., XCMG Group, Sany Group Co. Ltd |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 112 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global off-highway machinery industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, off-highway machinery industry study report has included all major manufacturers and distributors operating in the off-highway machinery market across all major regions.
Off-Highway Machinery Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating off-highway machinery market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Off-Highway Machinery Market Key Trends Analysis
The key factors influencing the growth of the off-highway machinery market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Off-Highway Machinery Market Key Segment Analysis
The report delivers a critical assessment on the off-highway machinery market by segmenting it based on Products, Applications, and region. All the segments and categories of the off-highway machinery market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global off-highway machinery market is segmented into Mobile Cranes, Lifting Platforms, Loaders, Dozers. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Construction, Mining & Excavation, Marine & Offshore, Industrial Applications, Others. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the off-highway machinery market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Off-Highway Machinery Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global off-highway machinery market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the off-highway machinery market.
Some of the leading players profiled in the global off-highway machinery market are,
- Terex Corporation
- Kato-works Co. Ltd.
- Hitachi Sumitomo Heavy Industries
- Liebherr Group
- Zoomlion Co. Ltd.
- Tadano Ltd.
- Palfinger AG
- Manitowoc Company Inc.
- XCMG Group
- Sany Group Co. Ltd
The Key Audiences for Off-Highway Machinery Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the off-highway machinery market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global off-highway machinery market are as follows:
Global Off-Highway Machinery Market: By Products
- Mobile Cranes
- Lifting Platforms
- Loaders
- Dozers
Global Off-Highway Machinery Market: By Applications
- Construction
- Mining & Excavation
- Marine & Offshore
- Industrial Applications
- Others
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major off-highway machinery . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Off-Highway Machinery market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- Terex Corporation
- Kato-works Co. Ltd.
- Hitachi Sumitomo Heavy Industries
- Liebherr Group
- Zoomlion Co. Ltd.
- Tadano Ltd.
- Palfinger AG
- Manitowoc Company Inc.
- XCMG Group
- Sany Group Co. Ltd
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Off-Highway Machinery Market Share by Type (2020-2026) 1.5.2 Mobile Cranes 1.5.3 Lifting Platforms 1.5.4 Loaders 1.5.5 Dozers 1.6 Market by Application 1.6.1 Global Off-Highway Machinery Market Share by Application (2020-2026) 1.6.2 Construction 1.6.3 Mining & Excavation 1.6.4 Marine & Offshore 1.6.5 Industrial Applications 1.6.6 Others 1.7 Off-Highway Machinery Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Off-Highway Machinery Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Off-Highway Machinery Market 3.1 Value Chain Status 3.2 Off-Highway Machinery Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Off-Highway Machinery 3.2.3 Labor Cost of Off-Highway Machinery 3.2.3.1 Labor Cost of Off-Highway Machinery Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Terex Corporation 4.1.1 Terex Corporation Basic Information 4.1.2 Off-Highway Machinery Product Profiles, Application and Specification 4.1.3 Terex Corporation Off-Highway Machinery Market Performance (2015-2020) 4.1.4 Terex Corporation Business Overview 4.2 Kato-works Co. Ltd. 4.2.1 Kato-works Co. Ltd. Basic Information 4.2.2 Off-Highway Machinery Product Profiles, Application and Specification 4.2.3 Kato-works Co. Ltd. Off-Highway Machinery Market Performance (2015-2020) 4.2.4 Kato-works Co. Ltd. Business Overview 4.3 Hitachi Sumitomo Heavy Industries 4.3.1 Hitachi Sumitomo Heavy Industries Basic Information 4.3.2 Off-Highway Machinery Product Profiles, Application and Specification 4.3.3 Hitachi Sumitomo Heavy Industries Off-Highway Machinery Market Performance (2015-2020) 4.3.4 Hitachi Sumitomo Heavy Industries Business Overview 4.4 Liebherr Group 4.4.1 Liebherr Group Basic Information 4.4.2 Off-Highway Machinery Product Profiles, Application and Specification 4.4.3 Liebherr Group Off-Highway Machinery Market Performance (2015-2020) 4.4.4 Liebherr Group Business Overview 4.5 Zoomlion Co., Ltd. 4.5.1 Zoomlion Co., Ltd. Basic Information 4.5.2 Off-Highway Machinery Product Profiles, Application and Specification 4.5.3 Zoomlion Co., Ltd. Off-Highway Machinery Market Performance (2015-2020) 4.5.4 Zoomlion Co., Ltd. Business Overview 4.6 Tadano Ltd. 4.6.1 Tadano Ltd. Basic Information 4.6.2 Off-Highway Machinery Product Profiles, Application and Specification 4.6.3 Tadano Ltd. Off-Highway Machinery Market Performance (2015-2020) 4.6.4 Tadano Ltd. Business Overview 4.7 Palfinger AG 4.7.1 Palfinger AG Basic Information 4.7.2 Off-Highway Machinery Product Profiles, Application and Specification 4.7.3 Palfinger AG Off-Highway Machinery Market Performance (2015-2020) 4.7.4 Palfinger AG Business Overview 4.8 Manitowoc Company, Inc. 4.8.1 Manitowoc Company, Inc. Basic Information 4.8.2 Off-Highway Machinery Product Profiles, Application and Specification 4.8.3 Manitowoc Company, Inc. Off-Highway Machinery Market Performance (2015-2020) 4.8.4 Manitowoc Company, Inc. Business Overview 4.9 XCMG Group 4.9.1 XCMG Group Basic Information 4.9.2 Off-Highway Machinery Product Profiles, Application and Specification 4.9.3 XCMG Group Off-Highway Machinery Market Performance (2015-2020) 4.9.4 XCMG Group Business Overview 4.10 Sany Group Co. Ltd 4.10.1 Sany Group Co. Ltd Basic Information 4.10.2 Off-Highway Machinery Product Profiles, Application and Specification 4.10.3 Sany Group Co. Ltd Off-Highway Machinery Market Performance (2015-2020) 4.10.4 Sany Group Co. Ltd Business Overview 5 Global Off-Highway Machinery Market Analysis by Regions 5.1 Global Off-Highway Machinery Sales, Revenue and Market Share by Regions 5.1.1 Global Off-Highway Machinery Sales by Regions (2015-2020) 5.1.2 Global Off-Highway Machinery Revenue by Regions (2015-2020) 5.2 North America Off-Highway Machinery Sales and Growth Rate (2015-2020) 5.3 Europe Off-Highway Machinery Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Off-Highway Machinery Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Off-Highway Machinery Sales and Growth Rate (2015-2020) 5.6 South America Off-Highway Machinery Sales and Growth Rate (2015-2020) 6 North America Off-Highway Machinery Market Analysis by Countries 6.1 North America Off-Highway Machinery Sales, Revenue and Market Share by Countries 6.1.1 North America Off-Highway Machinery Sales by Countries (2015-2020) 6.1.2 North America Off-Highway Machinery Revenue by Countries (2015-2020) 6.1.3 North America Off-Highway Machinery Market Under COVID-19 6.2 United States Off-Highway Machinery Sales and Growth Rate (2015-2020) 6.2.1 United States Off-Highway Machinery Market Under COVID-19 6.3 Canada Off-Highway Machinery Sales and Growth Rate (2015-2020) 6.4 Mexico Off-Highway Machinery Sales and Growth Rate (2015-2020) 7 Europe Off-Highway Machinery Market Analysis by Countries 7.1 Europe Off-Highway Machinery Sales, Revenue and Market Share by Countries 7.1.1 Europe Off-Highway Machinery Sales by Countries (2015-2020) 7.1.2 Europe Off-Highway Machinery Revenue by Countries (2015-2020) 7.1.3 Europe Off-Highway Machinery Market Under COVID-19 7.2 Germany Off-Highway Machinery Sales and Growth Rate (2015-2020) 7.2.1 Germany Off-Highway Machinery Market Under COVID-19 7.3 UK Off-Highway Machinery Sales and Growth Rate (2015-2020) 7.3.1 UK Off-Highway Machinery Market Under COVID-19 7.4 France Off-Highway Machinery Sales and Growth Rate (2015-2020) 7.4.1 France Off-Highway Machinery Market Under COVID-19 7.5 Italy Off-Highway Machinery Sales and Growth Rate (2015-2020) 7.5.1 Italy Off-Highway Machinery Market Under COVID-19 7.6 Spain Off-Highway Machinery Sales and Growth Rate (2015-2020) 7.6.1 Spain Off-Highway Machinery Market Under COVID-19 7.7 Russia Off-Highway Machinery Sales and Growth Rate (2015-2020) 7.7.1 Russia Off-Highway Machinery Market Under COVID-19 8 Asia-Pacific Off-Highway Machinery Market Analysis by Countries 8.1 Asia-Pacific Off-Highway Machinery Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Off-Highway Machinery Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Off-Highway Machinery Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Off-Highway Machinery Market Under COVID-19 8.2 China Off-Highway Machinery Sales and Growth Rate (2015-2020) 8.2.1 China Off-Highway Machinery Market Under COVID-19 8.3 Japan Off-Highway Machinery Sales and Growth Rate (2015-2020) 8.3.1 Japan Off-Highway Machinery Market Under COVID-19 8.4 South Korea Off-Highway Machinery Sales and Growth Rate (2015-2020) 8.4.1 South Korea Off-Highway Machinery Market Under COVID-19 8.5 Australia Off-Highway Machinery Sales and Growth Rate (2015-2020) 8.6 India Off-Highway Machinery Sales and Growth Rate (2015-2020) 8.6.1 India Off-Highway Machinery Market Under COVID-19 8.7 Southeast Asia Off-Highway Machinery Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Off-Highway Machinery Market Under COVID-19 9 Middle East and Africa Off-Highway Machinery Market Analysis by Countries 9.1 Middle East and Africa Off-Highway Machinery Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Off-Highway Machinery Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Off-Highway Machinery Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Off-Highway Machinery Market Under COVID-19 9.2 Saudi Arabia Off-Highway Machinery Sales and Growth Rate (2015-2020) 9.3 UAE Off-Highway Machinery Sales and Growth Rate (2015-2020) 9.4 Egypt Off-Highway Machinery Sales and Growth Rate (2015-2020) 9.5 Nigeria Off-Highway Machinery Sales and Growth Rate (2015-2020) 9.6 South Africa Off-Highway Machinery Sales and Growth Rate (2015-2020) 10 South America Off-Highway Machinery Market Analysis by Countries 10.1 South America Off-Highway Machinery Sales, Revenue and Market Share by Countries 10.1.1 South America Off-Highway Machinery Sales by Countries (2015-2020) 10.1.2 South America Off-Highway Machinery Revenue by Countries (2015-2020) 10.1.3 South America Off-Highway Machinery Market Under COVID-19 10.2 Brazil Off-Highway Machinery Sales and Growth Rate (2015-2020) 10.2.1 Brazil Off-Highway Machinery Market Under COVID-19 10.3 Argentina Off-Highway Machinery Sales and Growth Rate (2015-2020) 10.4 Columbia Off-Highway Machinery Sales and Growth Rate (2015-2020) 10.5 Chile Off-Highway Machinery Sales and Growth Rate (2015-2020) 11 Global Off-Highway Machinery Market Segment by Types 11.1 Global Off-Highway Machinery Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Off-Highway Machinery Sales and Market Share by Types (2015-2020) 11.1.2 Global Off-Highway Machinery Revenue and Market Share by Types (2015-2020) 11.2 Mobile Cranes Sales and Price (2015-2020) 11.3 Lifting Platforms Sales and Price (2015-2020) 11.4 Loaders Sales and Price (2015-2020) 11.5 Dozers Sales and Price (2015-2020) 12 Global Off-Highway Machinery Market Segment by Applications 12.1 Global Off-Highway Machinery Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Off-Highway Machinery Sales and Market Share by Applications (2015-2020) 12.1.2 Global Off-Highway Machinery Revenue and Market Share by Applications (2015-2020) 12.2 Construction Sales, Revenue and Growth Rate (2015-2020) 12.3 Mining & Excavation Sales, Revenue and Growth Rate (2015-2020) 12.4 Marine & Offshore Sales, Revenue and Growth Rate (2015-2020) 12.5 Industrial Applications Sales, Revenue and Growth Rate (2015-2020) 12.6 Others Sales, Revenue and Growth Rate (2015-2020) 13 Off-Highway Machinery Market Forecast by Regions (2020-2026) 13.1 Global Off-Highway Machinery Sales, Revenue and Growth Rate (2020-2026) 13.2 Off-Highway Machinery Market Forecast by Regions (2020-2026) 13.2.1 North America Off-Highway Machinery Market Forecast (2020-2026) 13.2.2 Europe Off-Highway Machinery Market Forecast (2020-2026) 13.2.3 Asia-Pacific Off-Highway Machinery Market Forecast (2020-2026) 13.2.4 Middle East and Africa Off-Highway Machinery Market Forecast (2020-2026) 13.2.5 South America Off-Highway Machinery Market Forecast (2020-2026) 13.3 Off-Highway Machinery Market Forecast by Types (2020-2026) 13.4 Off-Highway Machinery Market Forecast by Applications (2020-2026) 13.5 Off-Highway Machinery Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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