Search results for: 'Off-Highway Equipment Market'

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

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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...

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 ...

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...

07 Dec 2021  |  North America  |  Market Research

Global Autonomous Off-Highway Equipment Growth Opportunities

Cross-industry Collaboration, Bundling of Services, and Public and Private Sector Synergies will be Important

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The ability to handle extreme loads, continuous 24/7 operation, and safety are driving the development of autonomous technologies for off-highway equipment. Development of automation will move faster here than in the on-highway space mainly because of the standardized and often-isolated mining, construction, and agricultural operating environment c...

22 Mar 2022  |  North America  |  Market Outlook

Global Off-highway Equipment Growth Outlook, 2022

Increased Equipment Utilization and Spend on Inventory Will Result in Adoption of Digital Services and Sustain Post-pandemic Rebound

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This research service analyzes the current status and growth trends of the off-highway equipment industry, specifically for construction, mining, and agricultural equipment. It considers the ongoing effects of the COVID-19 pandemic and examines the top industry participants and their anticipated development and launch activities for 2022, notable p...

Collaborations between OEMs, rental companies, digital solution providers, battery manufacturers, utility companies, dealerships, and technology companies are creating a new wave of solutions that enhance the customer experience. These synergies are driving innovation, creating a sustainable environment. Customers are beginning to prefer renting/sh...

29 Jul 2022  |  North America  |  Market Research

Growth Opportunities in North American Off-highway Equipment

Digitization, Automation, and Cross-industry Synergies Drive Future Growth Potential

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This research service analyzes the growth of the North American off-highway equipment industry. Government mandates and consortiums, which drive sustainable practices, will enable digital transformation and accelerated adoption of alternate powertrains. The requirement to better monitor and optimize operations and equipment in construction, mining,...

The automotive industry value chain is transitioning from the traditional pyramid form to a flat one. Technology companies work with original equipment manufacturers (OEMs) and tiered suppliers to develop, validate, supply, and integrate advanced driver-assist technologies that enable hands-off driving to enhance the comfort and convenience for the...

12 Oct 2021  |  North America  |  Market Research

Global Off-Highway Fuel Cell Electric Equipment (FCEE) Growth Opportunities

Strategic Partnering, Innovative Fuel Cell Concepts, and the Integration of Production, Storage, and Refueling are Top Growth Strategies

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Hydrogen is turning out to be a very good alternative to fossil fuels. A wide range of industries are developing hydrogen fuel cell technologies for different applications. Mobility is one of the top industries where hydrogen fuel cell can be used to reduce carbon emission. Hydrogen fuel cell powertrains in the off-highway industry will compete wit...