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In the rapidly changing automotive landscape, disruptive technologies are paving the way for a multitude of customer conveniences, with usage-based insurance (UBI) emerging as a standout example. This innovative business model is revolutionizing how insurance companies, original equipment manufacturers (OEMs), and leasing and rental fleets collect ...

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...

The global leasing industry is entering a pivotal decade as electrification, innovative financing models, and a more integrated fleet management ecosystem fundamentally reshape the future of mobility finance. By 2035, battery electric vehicles (BEVs) will dominate new fleet acquisitions in most mature markets, pushing leasing providers to redesign ...

Customers changing preferences have spurred the transition from vehicle ownership to usership. For older generations, owning a vehicle was a status symbol, but today s younger generations prioritize usership over ownership and the associated hassles (i.e., various costs and responsibilities). Leasing and rental services have evolved, but essential...

This study is a comprehensive evaluation of global city readiness for commercial robotaxi deployment, examining how regulatory frameworks, infrastructure investment, technology ecosystems, and market dynamics are collectively determining which cities will lead the autonomous mobility transition and on what timeline.The report analyzes 20 cities acr...

Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/services and would like to outsource all other support activities. Mobil...

The European light commercial vehicle (LCV) leasing market is experiencing robust growth, driven by the increasing demand for flexible, cost-efficient mobility solutions in key industries such as logistics, retail, construction, and services. Valued at approximately $5.45 billion in 2024, the market is projected to grow to $7.12 billion by 2029, a...

This study details the size and shape of the company car (true fleet) market in Belgium with a focus on the actual development and growth potential of finance lease and operating lease within Passenger Vehicle (PV) and Light Commercial Vehicle (LCV) segments. The analysis takes into account historic data, current market conditions (PESTLE, key driv...

The Mobility Technology Opportunity Engine (TOE) focusses on capturing innovations related to EV Asset Management, Battery Swapping, AR Navigation Assistant, Road Maintenance Tool, Zero Emission Buses, Edge AI Based Scooters, Fleet Charging Solution The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations i...