Nearly 4.8 million units of off-highway equipment were sold worldwide in 2022. It is projected that the market volume will grow at a compound annual growth rate (CAGR) of 2.3 percent between 2022 and 2028, reaching a volume of more than 5.5 million units in 2028.
Volume of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028
(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 (in thousand units) [Graph]. In Statista. Retrieved December 27, 2024, from https://www.statista.com/statistics/1365850/global-off-highway-equipment-market-volume/
Gen Consulting Company. "Volume of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028 (in thousand units)." Chart. February 7, 2023. Statista. Accessed December 27, 2024. https://www.statista.com/statistics/1365850/global-off-highway-equipment-market-volume/
Gen Consulting Company. (2023). Volume of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028 (in thousand units). Statista. Statista Inc.. Accessed: December 27, 2024. https://www.statista.com/statistics/1365850/global-off-highway-equipment-market-volume/
Gen Consulting Company. "Volume of The Global Off-highway Equipment Market from 2018 to 2021, with a Forecast through 2028 (in Thousand Units)." Statista, Statista Inc., 7 Feb 2023, https://www.statista.com/statistics/1365850/global-off-highway-equipment-market-volume/
Gen Consulting Company, Volume of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028 (in thousand units) Statista, https://www.statista.com/statistics/1365850/global-off-highway-equipment-market-volume/ (last visited December 27, 2024)
Volume of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028 (in thousand units) [Graph], Gen Consulting Company, February 7, 2023. [Online]. Available: https://www.statista.com/statistics/1365850/global-off-highway-equipment-market-volume/
