Search results for: 'Robotics: Technology and Market Trends'

The connected truck telematics industry in Mexico has been growing, primarily driven by the need to protect vehicles and cargo, reduce the total cost of ownership (TCO) for fleets, and comply with legislation. In 2024, for example, 1.51 million trucks were connected in the country, with fleet management and/or video solutions. This figure indicates...

Frost & Sullivan expects India’s medium and heavy-duty truck market to grow steadily over the next decade, driven by rapid infrastructure expansion, industrial recovery, and logistics demand across core sectors including construction, mining, eCommerce, and agriculture. While legacy manufacturers continue to lead in production and distribution scal...

Nigeria, one of Africa’s largest economies, is diversifying to reduce its dependence on oil revenues and strengthen key non-oil industries. As the continent’s most populous nation, the country presents a rising demand for commercial vehicles, fueled by urban expansion, infrastructure projects, and growing trade activities. The automotive market is ...

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...

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...

The global video telematics market is on a robust growth trajectory, driven by fleets upgrading from traditional fleet management systems to advanced video-enabled solutions. For many providers, video telematics has evolved from just being a peripheral product into a core revenue driver for fleet operators. The tangible benefits of investing in vid...

This Frost & Sullivan Global Connected Vehicle Market Growth Outlook examines the key strategies, growth drivers, and challenges shaping the future of mobility. The move toward software-defined systems and over-the-air (OTA) updates is becoming more important than hardware. There is also growing demand for seamless connectivity in autonomous vehicl...

5G, with its ultra-low latency and high bandwidth vehicle connectivity, is enabling increased processing and providing an immersive experience, allowing the vehicle to be transformed into a third living space. This Frost & Sullivan report explores this transformational shift in the global passenger vehicle 5G connectivity market. 5G connectivity pr...

India's three-wheeler (3W) market continues to play an important role in the mobility and logistics ecosystem, facilitating both passenger and goods transport. Fuel cost sensitivity and evolving fleet requirements, in conjunction with dealer-driven impetus, remain dominant factors affecting market dynamics. CNG has established a robust position in ...