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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...

The International Air Transport Association (IATA) has forecast passenger traffic to nearly double from 3.8 billion in 2015 to 7.2 billion by 2030. This increase will reflect in the number of checked baggage each year with forecasts pegging the number at close to 6.5 billion bags by 2030. As airport operators revise their plans and strategies to ha...

The human-machine interface (HMI) is a driving force of innovation for automakers and major tech companies. Frost & Sullivan expects automakers to integrate or mirror in their vehicles the mobile apps that consumers use daily. Premium brands sold in Europe already are offering navigation units as standard equipment in most higher-trim vehicles a...

Interventional radiology is a specialized field of radiology for interpreting images while performing minimally invasive surgery. As the minimally invasive procedures are less expensive, less painful, and low risk than traditional surgeries, interventional radiology is gaining a lot of importance. Interventional radiology advances are primarily dir...

At-home diagnostics is a rapidly growing field constantly exploring new and innovative solutions to address the challenges of diagnosing broad-spectrum disorders. Recent advancements in emerging at-home diagnostics technologies have attracted significant interest due to their potential to revolutionize the field. This shift has created promising op...

This study analyses the European market for Surface Mount Technology Placement Equipment, identifying the key challenges, drivers and restraints, the different product segments and end-user verticals, the key participants, market shares, competitive structure and the major technology trends. It details historical market revenues and growth rates fr...

Frost & Sullivan has recently completed a comprehensive analysis on the current and future strategic imperatives of game-changing Asia-Pacific (APAC) pharmaceutical companies. The analysis primarily focuses on the changing trends in the pharmaceutical industry with respect to drug research and development, manufacturing, supply chain, and marketing...

Connected devices are set to increase exponentially over the next 7 years, and global industry revenues from 5G and Internet of Things (IoT) are expected to reach USD 619 billion by 2026. Networks will need to be able to accommodate the billions of additional IoT mobile devices that will be connected across the globe as well as cater to the mobile ...

The latest issue of Advanced MedTech Technology Opportunity Engine (TOE) profiles a wide range of innovations from the advanced medical devices, wearables, medical imaging and diagnostics industry. The issue includes advanced medical devices such as chip-sized laser spectrometer, needle-free automated drug delivery system, AR/VR-based digital neuro...