Search results for: 'Sector forecasts'

The space industry is no longer sustained by governmental bodies and aerospace and defense companies. In the modern space race, the private sector is dominating by discovering new opportunities regarding innovations and public-private partnerships. The term “NewSpace” heralds the arrival of private space company ventures. Start-ups, investors, ...

LVTs market in India is concentrated among 5-6 brands and these are entirely dependent on imports. The product is used in niche segments and is dependent on the influence of leading architects and consultants. The nature of demand for flooring products in India does not favor the usage of LVT; hence, the product sees very low penetration. High pric...

Semiconductors are the fundamental electronic components present in any electronic device and have evolved over time in terms of size and performance. At the core of semiconductors lies in the semiconductor lithography which has facilitated the miniaturization of electronic components. Advancements in lithography technologies with regards to light ...

This research service provides a snapshot of the military aircraft maintenance, repair, and overhaul (MRO) industry in the United States. It analyzes the relevant spending activities of the US Department of Defense in FY2023 for military aircraft MRO. Based on products, the study categorizes the industry into Fixed Wing Aircraft, Rotary Wing Aircra...

2023 was a record-breaking year for power generation investment, with $840 billion invested in projects globally, up from $611 billion in 2022. Renewable energy dominated investment in 2023; solar PV and wind power combined accounted for $528 billion. Climate commitments and supportive regulations are the mainstays of global growth. China has signi...

This study explores the growth of sensor technologies and their application in the agriculture industry, particularly in the agritech sector. With sustainability becoming a global trend, governments, companies, and non-profit agencies have realized the potential offered by different sensing technologies for optimizing resource usage. Although not a...

The purpose of this study is to provide a general overview of the regulatory frameworks that shape the commercial drone industry and how global events have impacted the evolution of these regulations in the last few years. Mandatory use of remote ID technology on drone platforms is one of the primary regulatory changes. Drone manufacturers in th...

Building information modeling (BIM) and digital twins in the built environment continue to evolve significantly in functionalities and capabilities with the increased adoption and awareness, given the growing number of large enterprises and public sector projects. The BIM and digital twin industry is in a critical growth phase, making giant lea...

16 Dec 2024  |  Global  |  Market Research

Connected Off-highway Equipment Market, Global, 2024–2030

The Market is Experiencing Transformational Growth Mainly Due to Customer Preferences and Data-driven Decisions

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The construction, mining, and agricultural equipment industries comprise high-cost equipment that addresses specific requirements and applications; however, these equipment accumulate significant operational and maintenance costs throughout their life cycles. While equipment utilization used to be a concerning metric, the growing labor shortage, re...