Internal combustion engine (ICE) was the dominant powertrain in off-highway equipment worldwide in 2021, accounting for about ** percent of the value of total sales that year, while sales of off-highway equipment with electric and hybrid powertrains made up only **** percent of the total sales value. ICE is projected to retain its dominance in the off-highway equipment market in the coming years.
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Gen Consulting Company. (February 7, 2023). Size of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028, by powertrain (in million U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 30, 2026, from /statistics/1365873/global-off-highway-equipment-market-size-by-powertrain/
Gen Consulting Company. "Size of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028, by powertrain (in million U.S. dollars)." Chart. February 7, 2023. ÌÇÐÄÆÆ½â°æ. Accessed July 30, 2026. /statistics/1365873/global-off-highway-equipment-market-size-by-powertrain/
Gen Consulting Company. (2023). Size of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028, by powertrain (in million U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 30, 2026. /statistics/1365873/global-off-highway-equipment-market-size-by-powertrain/
Gen Consulting Company. "Size of The Global Off-highway Equipment Market from 2018 to 2021, with a Forecast through 2028, by Powertrain (in Million U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 7 Feb 2023, /statistics/1365873/global-off-highway-equipment-market-size-by-powertrain/
Gen Consulting Company, Size of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028, by powertrain (in million U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1365873/global-off-highway-equipment-market-size-by-powertrain/ (last visited July 30, 2026)
Size of the global off-highway equipment market from 2018 to 2021, with a forecast through 2028, by powertrain (in million U.S. dollars) [Graph], Gen Consulting Company, February 7, 2023. [Online]. Available: /statistics/1365873/global-off-highway-equipment-market-size-by-powertrain/