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

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

Autonomous Solutions, Electrification, and Business Model Transformation to Drive Long-Term Growth

RELEASE DATE
12-Jan-2024
REGION
Global
Deliverable Type
Market Research
Research Code: PEE3-01-00-00-00
SKU: AU_2023_507
AvailableYesPDF Download
$4,950.00
In stock
SKU
AU_2023_507
$4,950.00
DownloadLink
ENQUIRE NOW

Description

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 products including tractors, combines, large excavators, dump trucks, and forestry equipment. An industry trend is the development of more sustainable and efficient machines, with an increasing focus on reducing emissions and improving fuel efficiency. This trend is driving innovation, with manufacturers developing new technologies such as electric and autonomous machines.

Frost & Sullivan expects major innovations in the off-highway equipment industry to happen in the fields of precision agriculture, electrification, automation/robotics, new business model transformation, and autonomous solutions. OEMs and technology providers have developed connectivity devices, artificial intelligence, and other solutions for off-site tracking, monitoring, and control to prepare for more connected and sustainable operations.

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Off-Highway Equipment Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

The Top 5 OEMs in the Off-Highway Equipment Industry

Market Overview

Key Findings

Alternative Powertrain and Autonomous Milestones

Alternative Powertrain and Autonomous Milestones (continued)

Scope of Analysis

Segmentation

OEM Strength Analysis

Top 5 OEMs’ R&D Spending Analysis

Top 5 OEMs’ Products and Capabilities

John Deere

John Deere Group of Companies

John Deere Group Facts

Global Footprint

Strategy and Vision

Total Revenue, R&D Spending Share, and Farm Unit Sales

CNH Industrial

CNH Industrial Group of Companies

CNH Industrial

Global Footprint

Strategy and Vision

Revenue and R&D Spending Share

Caterpillar

Caterpillar Group of Companies

Caterpillar Facts

Global Footprint

Strategy and Vision

Revenue and R&D Spending Share

Komatsu

Komatsu Group of Companies

Komatsu Facts

Global Footprint

Strategy and Vision

Revenue and R&D Spending Share

AGCO

AGCO Group of Companies

AGCO Facts

Global Footprint

Strategy and Vision

Revenue and R&D Spending Share

Growth Opportunity 1—Maximizing Autonomous Solutions in the Portfolio

Growth Opportunity 1—Maximizing Autonomous Solutions in the Portfolio (continued)

Growth Opportunity 2—Electrification and Emission Reduction Solutions

Growth Opportunity 2—Electrification and Emission Reduction Solutions (continued)

Growth Opportunity 3—New Business Model Revolution

Growth Opportunity 3—New Business Model Revolution (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

Legal Disclaimer

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 products including tractors, combines, large excavators, dump trucks, and forestry equipment. An industry trend is the development of more sustainable and efficient machines, with an increasing focus on reducing emissions and improving fuel efficiency. This trend is driving innovation, with manufacturers developing new technologies such as electric and autonomous machines. Frost & Sullivan expects major innovations in the off-highway equipment industry to happen in the fields of precision agriculture, electrification, automation/robotics, new business model transformation, and autonomous solutions. OEMs and technology providers have developed connectivity devices, artificial intelligence, and other solutions for off-site tracking, monitoring, and control to prepare for more connected and sustainable operations.
More Information
Deliverable Type Market Research
Author Akilan Veerabatheren
Industries Automotive
No Index No
Is Prebook No
Keyword 1 Off-Highway Equipment OEMs Analysis
Keyword 2 Equipment OEMs Profiles
Keyword 3 Construction Equipment Market Forecast
Podcast No
WIP Number PEE3-01-00-00-00