Search results for: 'cars highway tools'

12 Apr 2023  |  North America  |  Market Research

Electric Off-highway Equipment Growth Opportunities

Innovative Business Models, Data Sharing, and Partnerships for Component Standardization Hold Potential

Infographics

×

Sustainability targets and the preference for lower equipment operation cost (and availability) ensure benefits across the global off-highway equipment value chain, as they encourage the adoption of alternative powertrains and electrification of equipment models. The various requirements for electrification, which include charging infrastructure, a...

11 Aug 2022  |  Global  |  Market Research

Strategic Profile of Volvo Cars

By 2025, Volvo Cars will be an EV Firm with BEV Models Added Annually to the Product Portfolio and Transformational Growth of EV Share to More than 50% of Retail Sales

Infographics

×

Key Issues Addressed

This research service focuses on the strategic profile of Volvo Cars and delivers insights into its operations and activities in the global market, including China, Europe, and North America. With EVs gaining popularity and the industry digitizing, Volvo is actively electrifying its product lineup and introducing new-gen software systems for a soft...

Over the past 5 years, more off-highway (agricultural, construction, and mining) equipment rental companies, shared platform providers, and service relationship management companies have been providing customers with solutions that address labor shortages, inventory management needs, and high operational and maintenance costs, creating significant ...

21 Dec 2022  |  Europe  |  Market Research

European Off-highway Equipment Industry Growth Opportunities

Sustainability Targets and a Looming Energy Crisis Will Affect Electrification and Digitization

Infographics

×

Sustainability targets and the requirement to reduce operational costs, maintenance costs, and equipment downtime have increased the need for synergies across the off-highway value chain in Europe. The requirement for electric charging and hydrogen fuel infrastructure increases and the need to digitize processes becomes more urgent, thus pushing to...

This study provides an analysis of the global off-highway equipment sector with focus on the construction, mining, and agriculture segments. Discussions include predictions for 2023, major market trends, market measurements by region, (United States, Europe, Asia [India and China], and the Rest of World), and top growth opportunity areas. In 20...

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

Infographics

×

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 automation of off-highway equipment has experienced rapid development in the past 3 years. Globally, the total amount of autonomous off-highway equipment in operation more than doubled to reach approximately 1,700 units in 2022, from approximately 800 in 2021. North America is one of the major off-highway automation hubs, with several pilots...

17 Nov 2021  |  Global  |  Market Research

Profiles of the Top 5 Global Off-highway Equipment OEMs and Growth Opportunities

Digitization, Automation of Operations, and Growing Green Initiatives Drive OEMs to Enhance Product Offerings

Infographics

×

The off-highway equipment industry is becoming highly technology-oriented amid labor shortages, conditions arising from the COVID-19 pandemic, and increasing demand for productivity in agriculture, construction, and mining. These challenges drive market players to enhance their product portfolios with digitization, connectivity and telematics solut...

The United States has levied 25% tariffs on imports from Mexico and Canada—2 markets closely connected to the US auto market. Most brands in the United States depend on Mexico and Canada for sourcing and production. Coupled with retaliatory tariffs, near-term impacts to North American volumes and inflation can be sizable. Firms should prioritize re...