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02 Sep 2025  |  Global  |  Market Research

Global Off-Highway Equipment Industry Outlook 2025

Shifting Customer Behaviors Spurred by Economic Uncertainties Will Drive Collaboration Among Stakeholders

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Economic uncertainties caused by the Russo-Ukraine conflict and trade wars have significantly affected OEM operations, supplier confidence, and consumer purchase decisions in the off-highway equipment industry. While these challenges are expected to delay economic recovery, government investment programs, subsidies, and bilateral trade agreements a...

This research service presents a detailed analysis of the truck market in Turkey and focuses on medium and heavy duty truck segments. This study assesses the market from 2012 to 2021. The market has been segmented by tonnage and axle type, and covers the key models, average product-price range, and vehicle specifications in the various segments. In...

The Vietnamese engine oil aftermarket, comprising passenger vehicles and light commercial vehicles is likely to have a compound annual growth rate (CAGR) of 7.6% between 2015 and 2021, growing from 2.6 million liter in 2015 to 4.1 million liter by 2021. Both new vehicle sales and vehicles in operation are expected to experience rapid growth. New ve...

Mega trucks are seen as a solution to growing problems faced due to road congestion and emissions by reducing the need for more conventional sized trucks on the road. They also lower cost per ton for fleets along with addressing growing freight demand. However, significant obstacles lay ahead of implementation of mega trucks with serious questions ...

Frost & Sullivan's research service on the class 4–8 replacement engine aftermarket in North America forecasts the market size from 2022 to 2028. The base year is 2021, and the study period is 2018 to 2028. This study analyzes key medium-duty (MD) and heavy-duty (HD) truck engine replacement trends in the aftermarket. The engine replacement segment...

The study has a base year of 2024 and forecasts trends through 2029. It adopts a global perspective, offering region-specific insights for North America (Canada and the United States), Europe, China, India, Latin America, Gulf Cooperation Council (GCC) nations, and the Rest of the World—though the latter is not explored in depth.Frost & Sullivan’s ...

This study analyzes the global truck retailing digital transformation market. Truck retailing and its business model is obsolete and is ready for an overhaul. Digitization will be the solution to help drive change in the truck retail business model and the strategies of leading OEMs/dealers. Digitalization in truck retailing will impact 5 key areas...

This Frost & Sullivan report examines the automotive industry in China, with a focus on passenger vehicles (PVs). The segments covered include vans, sports utility vehicles (SUVs), multipurpose vehicles (MPVs), and cross vehicles. The study also assesses China’s electric vehicle (EV) sector, including the charging and battery-swapping infrastructur...

The automotive industry faces challenges such as regulatory hurdles, electrification, the rise of software-defined vehicles (SDVs), semiconductor shortages, and geopolitical chaos. OEMs and value chain partners are realigning their product strategies, roadmaps, and launch timelines to adapt to these challenges. They have rerouted investments to dev...