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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
17-Nov-2021
Global
Market Research
PC02-01-00-00-00
AU02248-GL-MT_25953
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 solutions, electrification and alternate powertrains, alternate fuels, autonomous operations, IoT, and sensor technology, offering customers smarter and greener solutions with room for automation and enabling market participants to sustain their businesses.
Frost & Sullivan highlights markets recovering faster from the pandemic impact in this report, along with reasons for the same. India, China, the United States, and Europe are the regional focus in this global research. This report profiles top original equipment manufacturers (OEMs) in the off-highway equipment industry specializing in the construction and mining, and agriculture sectors. For this research, we selected John Deere and AGCO from the agriculture segment, Caterpillar and Komatsu from the construction and mining segment, and CNH Industrial, with a portfolio in agriculture and construction.
The study provides detailed analyses on company profiles, product capabilities, technological solutions, competitive advantage in global regions, revenue shares, regional market shares, advanced technology in practice and testing phases, and the spending on research and development (R&D) as a share of the total revenues. Through this report, Frost & Sullivan offers stakeholders an understanding of top companies’ operations in various regions and clarity in making initiatives toward growth in the respective regions and product segments.
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Off-highway Equipment Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Top 5 OEMs in the Off-highway Equipment Industry—Overview
Market Overview
Key Findings
Alternative Powertrain and Autonomous Milestones
Scope of Analysis
Segmentation
Profiles of the Top 5 OEMs—Strength Analysis by Region
Profiles of the Top 5 OEMs—Research and Development (R&D) Spending Analysis
Profiles of the 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—Facts
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—Focus on Maximizing Market Share in International Regions
Growth Opportunity 1—Focus on Maximizing Market Share in International Regions (continued)
Growth Opportunity 2—Customize Products to Suit Regional Requirements and Functionality
Growth Opportunity 2—Customize Products to Suit Regional Requirements and Functionality (continued)
Growth Opportunity 3—Capitalize on Opportunities through Collaborations
Growth Opportunity 3—Capitalize on Opportunities through Collaborations (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
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