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PUBLISHER: SkyQuest | PRODUCT CODE: 1915930

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PUBLISHER: SkyQuest | PRODUCT CODE: 1915930

Heavy Duty Engines Market Size, Share, and Growth Analysis, By Class (Class 7, Class 8), By Horsepower (Below 400, 400-500), By Application, By Distribution Channel, By Region - Industry Forecast 2026-2033

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Global Heavy Duty Engines Market size was valued at USD 25.34 Billion in 2024 and is poised to grow from USD 27.08 Billion in 2025 to USD 46.19 Billion by 2033, growing at a CAGR of 6.9% during the forecast period (2026-2033).

The surge in global trade, e-commerce, and urbanization is driving substantial demand for heavy-duty trucks, buses, and commercial vehicles, necessitating efficient long-distance transportation solutions. This trend propels the adoption of high-performance heavy-duty engines noted for their power, durability, and fuel efficiency. Logistics operators are increasingly seeking reliable engines that lower operating costs and minimize downtime, leading manufacturers to innovate with advanced technologies like turbocharging and hybrid systems. Additionally, stringent emission regulations from governments and environmental bodies are pushing the industry towards cleaner combustion and low-emission fuels. Consequently, manufacturers are focusing on research and development to create innovative, compliant engine designs. This evolving regulatory environment is not only transforming production approaches but also expanding the market for environmentally sustainable heavy-duty engines globally.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Heavy Duty Engines market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Heavy Duty Engines Market Segments Analysis

Global Heavy Duty Engines Market is segmented by Class, Horsepower, Application, Distribution Channel and region. Based on Class, the market is segmented into Class 7 and Class 8. Based on Horsepower, the market is segmented into Below 400, 400-500, 500-600 and Above 600. Based on Application, the market is segmented into Agriculture, Logistics, Construction, Mining and Others. Based on Distribution Channel, the market is segmented into Direct and Indirect. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Heavy Duty Engines Market

The increasing expansion of e-commerce, trade, and industrial operations worldwide has significantly raised the demand for heavy-duty trucks and commercial vehicles. This growing trend necessitates the use of powerful engines that are designed for extended journeys, capable of handling substantial loads while maintaining fuel efficiency. Fleet operators are particularly focused on acquiring engines that offer reliability and lower overall operating costs. As a result, this heightened demand for durable and efficient heavy-duty engines is propelling growth in the global heavy-duty engines market, as businesses strive to enhance their logistics and transportation capabilities.

Restraints in the Global Heavy Duty Engines Market

The global heavy-duty engines market faces significant challenges stemming from the intricate supply chains necessary for components such as turbochargers, sensors, and electronic control units. Disruptions arising from geopolitical conflicts, natural disasters, or shortages in semiconductor parts can hinder manufacturing processes and delay product deliveries. These interruptions not only restrict market expansion but also contribute to rising operational expenses for both manufacturers and fleet operators. Consequently, these factors pose substantial restraints on the growth and efficiency of the heavy-duty engine sector, making it crucial for stakeholders to develop strategies to mitigate such risks and enhance resilience within the industry.

Market Trends of the Global Heavy Duty Engines Market

The global heavy-duty engines market is witnessing a significant shift towards electrification and hybrid integration, reflecting an industry-wide commitment to sustainability. Manufacturers are increasingly incorporating battery-electric and hybrid technologies into their truck and bus designs, effectively reducing emissions while enhancing fuel efficiency. This movement is largely driven by stringent environmental regulations and a rising demand for eco-friendly transportation solutions. As a result, innovation in engine design and performance is accelerating, fostering the adoption of advanced powertrains across various commercial and industrial sectors. This transition not only aligns with global sustainability goals but also opens new avenues for market growth and competitive differentiation.

Product Code: SQMIG20G2084

Table of Contents

Introduction

  • Objectives of the Study
  • Scope of the Report
  • Definitions

Research Methodology

  • Information Procurement
  • Secondary & Primary Data Methods
  • Market Size Estimation
  • Market Assumptions & Limitations

Executive Summary

  • Global Market Outlook
  • Supply & Demand Trend Analysis
  • Segmental Opportunity Analysis

Market Dynamics & Outlook

  • Market Overview
  • Market Size
  • Market Dynamics
    • Drivers & Opportunities
    • Restraints & Challenges
  • Porters Analysis
    • Competitive rivalry
    • Threat of substitute
    • Bargaining power of buyers
    • Threat of new entrants
    • Bargaining power of suppliers

Key Market Insights

  • Key Success Factors
  • Degree of Competition
  • Top Investment Pockets
  • Market Ecosystem
  • Market Attractiveness Index, 2025
  • PESTEL Analysis
  • Macro-Economic Indicators
  • Value Chain Analysis
  • Pricing Analysis

Global Heavy Duty Engines Market Size by Class & CAGR (2026-2033)

  • Market Overview
  • Class 7
  • Class 8

Global Heavy Duty Engines Market Size by Horsepower & CAGR (2026-2033)

  • Market Overview
  • Below 400
  • 400-500
  • 500-600
  • Above 600

Global Heavy Duty Engines Market Size by Application & CAGR (2026-2033)

  • Market Overview
  • Agriculture
  • Logistics
  • Construction
  • Mining
  • Others

Global Heavy Duty Engines Market Size by Distribution Channel & CAGR (2026-2033)

  • Market Overview
  • Direct
  • Indirect

Global Heavy Duty Engines Market Size & CAGR (2026-2033)

  • North America (Class, Horsepower, Application, Distribution Channel)
    • US
    • Canada
  • Europe (Class, Horsepower, Application, Distribution Channel)
    • Germany
    • Spain
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia Pacific (Class, Horsepower, Application, Distribution Channel)
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Latin America (Class, Horsepower, Application, Distribution Channel)
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (Class, Horsepower, Application, Distribution Channel)
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Competitive Intelligence

  • Top 5 Player Comparison
  • Market Positioning of Key Players, 2025
  • Strategies Adopted by Key Market Players
  • Recent Developments in the Market
  • Company Market Share Analysis, 2025
  • Company Profiles of All Key Players
    • Company Details
    • Product Portfolio Analysis
    • Company's Segmental Share Analysis
    • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

  • Cummins Inc. (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Caterpillar Inc. (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Daimler Truck AG (Germany)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Volvo Group (Sweden)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • PACCAR Inc. (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Traton SE (Germany)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Weichai Power (China)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Rolls-Royce plc (MTU) (UK)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Wartsila Corporation (Finland)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Deutz AG (Germany)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Kubota Corporation (Japan)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Isuzu Motors Ltd. (Japan)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Mitsubishi Heavy Industries, Ltd. (Japan)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • General Electric (GE) (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • John Deere (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Perkins Engines Company Limited (UK)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Dongfeng Motor Corporation (China)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • FAW Group (China)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • IVECO Group (Italy)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Tata Motors Limited (India)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments

Conclusion & Recommendations

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Manager - EMEA

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Christine Sirois

Manager - Americas

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