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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 Western European gas detection equipment market generated revenue of €668.1 million in 2021. The market demand is expected to be driven by the increasing competitive intensity, adoption of wireless and connected technologies, and stringent regulatory norms. Amongst the 3 product segments, the fixed gas detection segment accounted for 46.0%...

This Frost & Sullivan analysis assesses the growth opportunities across the food processing and packaging equipment market. The application areas considered include beverages; fruits and vegetables; dairy; meat, fish, and poultry; bakery and confectionary; oils and fats; breakfast cereals, and snacks; and pet food. The equipment scope includes all ...

Frost & Sullivan expects the global power semiconductors market to witness unprecedented growth during the next 10 years as industries look for energy-efficient and high-performance electronics. This analysis focuses on Si-, SiC- and GaN-based power discrete devices, modules, and GaN ICs, which are gaining prominence across end-user industries due ...

Off-highway equipment is used in mining, construction, forestry, agriculture, and energy and transportation applications. Many manufacturers compete for market share, but John Deere, AGCO Corporation, CNH Industrial, Caterpillar, and Komatsu are the dominant players. These companies have a strong presence in many markets and offer a range of produc...

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...

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...

This report provides a comprehensive evaluation of emerging technologies, system architectures, and techno-economic dynamics shaping the global Power-to-X landscape. Covering Power-to-Hydrogen, Power-to-Gas, Power-to-Liquid, Power-to-Chemicals, and Power-to-Mobility pathways, the study examines how renewable electricity can be transformed into hydr...

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

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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...