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The industrial machinery manufacturing sector registered strong growth in 2023, aided by increased consumer demand and the launch of new technologies and products. Increased collaboration between machinery OEMs, automation, and the Internet of Things (IoT) vendors is expected to help industries such as water and wastewater, chemicals, and oil and g...

The TV broadcast industry has evolved significantly over the last decade characterized by growing business models, increased competition, changing regulations, and above all a significant shift in consumer preferences. The TV industry in India is also undergoing a lot of changes as a result of digitization mandates. Low entry barriers and an ease...

This study focuses on the top 10 strategic imperatives impacting the MedTech industry in 2025. The industry includes the medical devices and medical imaging and informatics markets. Top transformations impacting industry growth include competitive intensity, compression of the value chain, industry convergence, transformative megatrends, internal...

Electrofuels (e-fuels) have gained popularity as a potential solution to the environmental challenges from traditional fossil fuels. Renewable energy sources (wind or solar power) and carbon dioxide (CO2) captured from the atmosphere or industrial processes enable e-fuel synthesis. This report provides a comprehensive analysis of the e-fuel indust...

Frost & Sullivan identifies and defines the leading trends shaping the global pharmaceutical landscape in this analysis. The study period is 2021 2028, with 2023 as the base year and 2024 2028 as the forecast period. The geographic scope includes 5 regions: North America, Latin America (LATAM) and the Caribbean, Asia-Pacific (APAC), Europe, and the...

PFAS are highly persistent in the environment and are associated with a wide range of serious health risks, resulting in increasing demand for effective management solutions. This study offers a comprehensive analysis of the drinking water PFAS management industry in the United States, highlighting important growth drivers and restraints. The ne...

Frost & Sullivan’s security practice area covers a wide variety of solutions and technologies associated with commercial and public security as well as cybersecurity. Some of the markets studied under these two sectors include identity access management, endpoint protection, biometric solutions, border security, and managed security services. I...

This analytics of ten technology companies and their strengths in the shared mobility industry throws light on the reasons why they have been successful in transitioning to this space and building shared mobility solutions. The study puts forward some answers to the question of how the technology companies of today anticipate and plan for the key m...

28 Sep 2020  |  Global  |  Market Research

Digitization and New Business Models Powering the Global Construction and Mining Equipment Market, 2030

Convenience and Reduced Operational Costs Offered by Digital Services to Improve Equipment Utilization and Present Further Growth Opportunities

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The global equipment industry is impacted by growing digitalization trends, trends in the used and rental equipment market, and urbanization. Construction contractors are leaning towards deploying both used and rental equipment as opposed to purchasing brand new ones due to lack of funding and government subsidies, and the liabilities associated wi...