Search results for: 'mine electronics'

14 Aug 2025  |  Global  |  Market Research

Mining Equipment Industry, Global, 2024-2030

Electrification, Automation, and Operational Intelligence are Driving Transformational Growth

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The mining equipment segment of the off-highway equipment industry has grown significantly in recent years, with a global market size of $62.23 billion in 2024. Frost & Sullivan projects a 2024-30 compound annual growth rate (CAGR) of 4.6%, reaching $81.58 billion in revenue by 2030. Factors driving industry growth include demand for critical miner...

The rapid push toward e-mobility is accelerating adoption of advanced power electronics by major OEMs. Power electronics underpin electric vehicle reliability, efficiency, and performance. Core systems, including traction inverters, onboard chargers, and DC-DC converters, are gaining strategic importance, prompting automakers to seek compact, high-...

This study examines the technology landscape, commercialization progress, and future growth opportunities of wide-bandgap (WBG) semiconductor materials, with a primary focus on silicon carbide (SiC), gallium nitride (GaN), and gallium oxide (Ga₂O₃) for power and RF electronics. It evaluates how these materials enable higher efficiency, greater powe...

26 Dec 2024  |  Global  |  Market Research

Construction and Mining Equipment Electrification Industry, Global, 2024-2035

Sustainability Targets are Driving Transformational Growth

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Electrification in the construction and mining industry has grown significantly in recent years, with the global market size of original equipment manufacturers reaching $241.2 billion in 2023. Unit sales in electric and hybrid models reached 59,909 units in 2023, and Frost & Sullivan projects a 16.5% compound annual growth rate (CAGR), reaching 37...

Total demand for select construction and mining equipment market in India was found to be 105,811 units in FY2013. The market for new C&ME is likely to grow at a CAGR of 9.6% to 166,876 units in FY2018. Large allocations by government to public projects such as NHDP, Metro, and BRTS in India and strong emphasis on construction and real estate is li...

Continuous innovation and development in the automotive industry have made electronics an inevitable part of the transition from conventional mechanical systems to electronic systems. Automotive electronics development for different vehicular applications such as body electronics, safety, entertainment, electrification, and driver assistance contri...

With the adoption of 800V architecture, the global electric vehicle (EV) market is transitioning into a new phase, with sales projected to grow at a compound annual growth rate (CAGR) of 29.7% between 2026 and 2032. During the same period, the Americas region is set to grow at a CAGR of 38.6%, Europe at 39.6%, and Asia-Pacific at 25.1%. Rising geop...

08 Apr 2016  |  Africa  |  Market Research

Construction and Mining Equipment Industry in Key African Countries, Forecast to 2022

Backhoe Loaders, Hydraulic Excavators, and Wheel Loaders Set to Win Big

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Africa has become an attractive destination for global construction and mining equipment manufacturers and holds tremendous growth potential. The unit shipment of construction and mining equipment has increased sixfold from 2003 to 2015. Rapid urbanisation and increased investment in infrastructure will accelerate demand for construction and mining...

Increasing use of blockchain technology will go together with growing advances in the construction and mining industry, especially through digitisation and automation. Key trends such as digital transformation, the rise in automation, modern equipment systems, and proliferation of financial technology (fintech) are influencing equipment models and ...