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The global off-highway (OHW) equipment industry enters 2026 amid a complex and evolving macroeconomic environment characterized by geopolitical uncertainty, energy price volatility, and shifting trade dynamics. While the baseline outlook suggests moderate global GDP growth of about 3%, downside scenarios driven by war, supply chain disruptions, hig...

The additive manufacturing sector has seen significant growth in recent years owing to growing demand for customized products and complex geometries in various sectors, including automotive, defense, aerospace, consumer electronics, manufacturing, and energy. AI has a wide range of applications in additive manufacturing at various levels and is a k...

Carbon nanotubes (CNTs) are emerging as a cornerstone material for next-generation industries, enabling breakthroughs in electric vehicles, aerospace, energy storage, and flexible electronics through their unique combination of lightweight structure, exceptional electrical conductivity, and superior mechanical and thermal performance. Beyond enhanc...

This series offers a comprehensive overview of the latest advancements and transformative trends that companies worldwide have embraced to develop technologies for a new era of mobility. These trends create direct opportunities for companies in sectors such as mobility, supply chain & logistics, health, medical devices & life sciences, aerospace & ...

The edge AI accelerator market is scaling rapidly as industries demand low-latency, privacy-aware intelligence for autonomous vehicles, industrial automation, smart cameras, robotics, and other applications. Cloud-based inference faces more limits from bandwidth, latency, and data sovereignty concerns, creating a strong pull for on-device AI proces...

The global automotive industry is witnessing a rapid shift towards electrification, driven by the need for stringent emission norms, fuel efficiency, and changes in consumer behavior. In this journey of electrification, hybrid electric vehicles (HEVs), including mild hybrids (MHEVs) and full hybrids (FHEVs), have come to the fore as viable solution...

The lawn and garden equipment segment of the off-highway equipment industry has grown significantly in recent years, with a global market size of $29.63 billion in 2024. Frost & Sullivan projects a compound annual growth rate of 22.1%, reaching $98.02 billion in revenue over the 2024 to 2030 period. Factors driving industry growth include demand fo...

India's EV charging infrastructure market is experiencing a major transformation, fueled by the nation's shift towards sustainable transport and the adoption of clean energy. This sector is crucial for enabling the electrification of transportation, which will help decrease reliance on fossil fuels, reduce urban pollution, and aid national decarbon...

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...