Nearly 4.8 million units of off-highway equipment were sold worldwide in 2022, with about 3.4 million units attributable to agricultural equipment and 1.4 million units attributable to construction and mining equipment. It is projected that the market volume will grow between 2022 and 2028, reaching a volume of 5.5 million units in 2028.
Volume of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028, by product type
(in thousand units)
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Gen Consulting Company. (February 7, 2023). Volume of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028, by product type (in thousand units) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1365843/global-off-highway-equipment-market-volume-by-product/
Gen Consulting Company. "Volume of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028, by product type (in thousand units)." Chart. February 7, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1365843/global-off-highway-equipment-market-volume-by-product/
Gen Consulting Company. (2023). Volume of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028, by product type (in thousand units). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1365843/global-off-highway-equipment-market-volume-by-product/
Gen Consulting Company. "Volume of The Global Off-highway Equipment Market from 2018 to 2021, with a Forecast through 2028, by Product Type (in Thousand Units)." Statista, Statista Inc., 7 Feb 2023, https://www.statista.com/statistics/1365843/global-off-highway-equipment-market-volume-by-product/
Gen Consulting Company, Volume of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028, by product type (in thousand units) Statista, https://www.statista.com/statistics/1365843/global-off-highway-equipment-market-volume-by-product/ (last visited November 23, 2024)
Volume of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028, by product type (in thousand units) [Graph], Gen Consulting Company, February 7, 2023. [Online]. Available: https://www.statista.com/statistics/1365843/global-off-highway-equipment-market-volume-by-product/