Heavy Duty Engines Market Research Report Information By Vehicle Class (Class 8 and Class 7) By Horsepower (Below 100 HP, 400 - 500 HP, 500 - 600 HP, and Above 600 HP) By End User (Agricultural, Transportation & Logistics, Construction, Mining and Others) and By Region -Global Forecast to 2032

Overview of the Market
In 2022, the market for heavy-duty engines was estimated to be worth USD 26.7 billion. With a compound annual growth rate (CAGR) of 5.77% from 2023 to 2032, the heavy-duty engines market is expected to increase from USD 28 billion in 2023 to USD 46.2 billion by 2032.
An internal combustion engine (ICE) intended to power massive, heavy machinery or vehicles is known as a heavy-duty engine. Heavy-duty trucks, buses, construction equipment, and agricultural machinery are among the common uses for these engines. They are bigger and more potent than the engines used in passenger cars, and they are made to endure longer under the harsh circumstances of intensive use.
Due to the need for commercial vehicles and equipment in the mining, construction, and transportation industries, the heavy-duty engine market is expanding quickly on a global scale. The government must continue adhere to stringent emissions regulations even while technical developments are improving engine efficiency and environmental performance. Demand is being driven by an emphasis on enhancing fuel performance and efficiency as operators look to save expenses and boost output. Additionally, investments in heavy machinery are being driven by urbanization and the expansion of infrastructure in emerging nations. These elements support the market’s robust expansion for heavy-duty engines.

Perspectives on Market Segments
The market for heavy-duty engines has been divided into two segments, Class 8 and Class 7, according to the vehicle class.
The market for heavy-duty engines has been divided into four segments based on horsepower: below 100 HP, 400–500 HP, 500–600 HP, and above 600 HP.
The market for heavy-duty engines has been divided into several segments based on the end user, including mining, construction, transportation and logistics, and agriculture.

Regional Perspectives
Geographically, the market for heavy-duty engines is divided into Latin America, Asia-Pacific, Europe, North America, and the Middle East and Africa. The market for heavy-duty engines in Asia-Pacific has the largest market share and is anticipated to generate a sizable revenue share over the course of the projected period. Given the trend toward rapid industrialization and economic expansion in the region’s rising nations, heavy-duty engines are essential. Large machinery and vehicles are crucial for resource extraction and infrastructure development, and these engines are renowned for their great power and rising efficiency. Strong engines that can manage harsh weather and large loads are necessary due to the region’s varied and sometimes shifting topography. Furthermore, the requirement for dependable heavy-duty engines to support supply chains and logistics is increased by the growth of metropolitan centers and industrial zones. Because these engines are essential to the effective completion of large-scale projects, the region’s emphasis on infrastructure development facilitates their use.

Key Players
The following companies are major players in the market: Rolls-Royce plc, AB Volvo, Steyr Motors, Marc Trucks (Volvo), Detroit Diesel Corporation (Daimler Truck AG), Cummins Inc., Perkins Engines Company Limited, Komatsu Ltd., Weichai, Mitsubishi Heavy Industries, LTD., and Woodward, INC.