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, and agriculture has created the need for collaborations across multiple industry verticals. The synergies between original equipment manufacturers (OEMs), suppliers, and service providers will lead to solutions that enhance productivity and reduce costs. Collaborations between OEMs, 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 will drive innovation, creating a sustainable environment. Moreover, the paradigm shift in purchase patterns and processes has paved the way for innovative digital solutions, attracting technology companies and digital solution providers. While traditional OEMs develop in-house solutions, several start-ups in the off-highway equipment industry are beginning to offer retrofit/stand-alone solutions that will improve connectivity and automation.
Research Scope
Analyze 2021–2030 growth trends
Evaluate the technology trends and market dynamics for construction, mining, and agricultural equipment segments
Examine market status and understand the expectations by 2030
Key Issues Addressed
- What are the main areas of demand and growth?
- Who are the top industry participants, and what are their anticipated development and launch activities for 2021–2030?
- What are some of the notable partnerships and highlights in the industry?
- What are the main factors and trends shaping the growth of the North American off-highway industry?
Author: Krishna Achuthan
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™
Main Findings
Off-highway Equipment Market Overview
North American Off-highway Ecosystem—Key Competitors
Scope of Analysis
Market Segmentation
Growth Drivers
Growth Restraints
Economic Environment—Gross Domestic Product (GDP) Growth
Economic Environment—Construction Spending
Economic Environment—Total Mine Production
Economic Environment—Agricultural Acreage
Greenhouse Gas Protocol (GHGP) Overview
US Government Initiatives—DERA Grants Awarded
US Government Initiatives—DERA Grants Awarded (continued)
US Autonomous Technology Administrative Efforts
Canada Government Initiatives—Investments in Clean Energy
Canada Government Initiatives—Investments in Clean Energy (continued)
Canadian Automated and Connected Vehicles Safety Framework
Off-highway Equipment Unit Sales—Market Overview
Off-highway Equipment in Operation (EIO)—Market Overview
Competitive Environment
OEM Market Share
Revenue Share Analysis
Electrification—Technology Roadmap
Hybrid and Battery-electric Product Launches (Per Year) Overview
Hybrid Equipment Launches—2008 to 2019
Hybrid Equipment Launches—2019 to 2022
Hybrid Equipment Launches—2023–2030
Battery-electric Equipment Launches—2016–2021
Battery-electric Equipment Launches—2021–2025
Battery-electric Equipment Launches—2026–2030
Hybrid and Electric Equipment Unit Sales and EIO
Connected Off-highway Ecosystem
Digitization in Agriculture
Digitization in Construction and Mining
Connected Off-highway Applications—Definitions and Segmentation
OEM Solutions—Features Overview
Third-party Solution Providers (TSPs)—Features Overview
Off-highway Telematics in Installed Base
US Autonomous Off-highway Initiatives
Canadian Autonomous Off-highway Initiatives
OEM Launch Roadmap—North America
OEM Launch Roadmap—North America (continued)
Autonomous Equipment in Operation
Off-highway Equipment Rental—Market Overview
Rental Business Models
Equipment Rental Highlights
Growth Metrics
Off-highway Equipment Market—Unit Sales and Revenue
Construction Equipment Unit Sales Forecast
Mining Equipment Unit Sales Forecast
Agricultural Equipment Unit Sales Forecast
Construction Equipment in Operation Forecast
Mining Equipment in Operation Forecast
Agricultural Equipment in Operation Forecast
Revenue Forecast
Forecast Methodology
Forecast Discussion
Growth Opportunity 1—Surge in Adoption of Connected Solutions
Growth Opportunity 1—Surge in Adoption of Connected Solutions (continued)
Growth Opportunity 2—Sustainability Targets Driving Electrification
Growth Opportunity 2—Sustainability Targets Driving Electrification (continued)
Growth Opportunity 3—Expansion and Development of Rental Platforms Driving Demand for Equipment-as-a-Service
Growth Opportunity 3—Expansion and Development of Rental Platforms Driving Demand for Equipment-as-a-Service (continued)
Growth Opportunity 4—Accelerated Progress in Off-highway Automation
Growth Opportunity 4—Accelerated Progress in Off-highway Automation (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
List of Figures- Off highway Equipment Market: Unit Sales, North America, 2021 2030
- Off highway Equipment Market: Growth Drivers, North America, 2022 2030
- Off highway Equipment Market: Growth Restraints, North America, 2022 2030
- Economic Environment: Annual GDP and GDP Growth, United States, 2021 2030
- Economic Environment: Annual GDP and GDP Growth, Canada, 2021 2030
- Economic Environment: Construction Spending, United States, 2021 2030
- Economic Environment: Construction Spending, Canada, 2021 2030
- Economic Environment: Total Mine Production, United States, 2021 2030
- Economic Environment: Total Mine Production, Canada, 2021 2030
- Economic Environment: Acreage for Major Field Crops, United States, 2021 2030
- Economic Environment: Acreage for Major Field Crops, Canada, 2021 2030
- Economic Environment: DERA Grants Awarded for Off highway Equipment, United States, 2021
- Economic Environment: DERA Grants Awarded for Off highway Equipment, United States, 2021
- Off highway Market: Unit Sales by Off highway Application and Equipment Type, North America, 2021
- Off highway Market: EIO by Off highway Application and Equipment Type, North America, 2021
- Off highway Market: Off highway Equipment Market Size, North America, 2021
- Off highway Market: Hybrid Off highway Product Launches Per Year, North America, 2008 2030
- Off highway Market: Battery electric Off highway Product Launches Per Year, North America, 2016 2030
- Off highway Market: Hybrid Off highway Product Launches by Type, North America, 2008 2019
- Off highway Market: Hybrid Off highway Product Launches by Type, North America, 2019 2022
- Off highway Market: Hybrid Off highway Product Launches by Type, North America, 2023 2030
- Off highway Market: Battery electric Product Launches by Type, North America, 2016 2021
- Off highway Market: Battery electric Product Launches by Type, North America, 2021 2025
- Off highway Market: Battery electric Product Launches by Type, North America, 2026 2030
- Off highway Market: Hybrid and Battery electric Equipment Unit Sales, North America, 2021 2030
- Off highway Market: Hybrid and Battery electric EIO, North America, 2021 2030
- Off highway Equipment Market: Digital Services Ecosystem, Global, 2021
- Off highway Market: Digitization in Agriculture, North America, 2021 2030
- Off highway Market: Digitization in Construction and Mining, North America, 2021 2030
- Off highway Market: Connected Off highway Applications, North America, 2021 2030
- Off highway Market: Construction Equipment Telematics In Installed Base, North America, 2021 2030
- Off highway Market: Mining Equipment Telematics In Installed Base, North America, 2021 2030
- Off highway Market: Agricultural Equipment Telematics In Installed Base, North America, 2021 2030
- Off highway Market: Off highway Equipment Rental Market Overview, North America, 2021 2030
- Off highway Equipment Market: North America, 2021 2030
- Off highway Market: Total Off highway Equipment Unit Sales, North America, 2021 2030
- Off highway Market: Total Off highway Equipment Market Revenue, North America, 2021 2030
- Off highway Market: Construction Equipment Unit Sales, North America, 2021 2030
- Off highway Market: Mining Equipment Unit Sales, North America, 2021 2030
- Off highway Market: Construction Equipment Unit Sales, North America, 2021 2030
- Off highway Market: Construction and Mining Equipment in Operation, North America, 2021 2030
- Off highway Market: Construction and Mining Equipment in Operation, North America, 2021 2030
- Off highway Market: Agricultural in Operation, North America, 2021 2030
- Off highway Market: Manufacturers Revenue Forecast, North America, 2021 2030
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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, and agriculture has created the need for collaborations across multiple industry verticals. The synergies between original equipment manufacturers (OEMs), suppliers, and service providers will lead to solutions that enhance productivity and reduce costs. Collaborations between OEMs, 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 will drive innovation, creating a sustainable environment. Moreover, the paradigm shift in purchase patterns and processes has paved the way for innovative digital solutions, attracting technology companies and digital solution providers. While traditional OEMs develop in-house solutions, several start-ups in the off-highway equipment industry are beginning to offer retrofit/stand-alone solutions that will improve connectivity and automation.--BEGIN PROMO--
Research Scope
Analyze 2021–2030 growth trends
Evaluate the technology trends and market dynamics for construction, mining, and agricultural equipment segments
Examine market status and understand the expectations by 2030
Key Issues Addressed
- What are the main areas of demand and growth
- Who are the top industry participants, and what are their anticipated development and launch activities for 2021–2030
- What are some of the notable partnerships and highlights in the industry
- What are the main factors and trends shaping the growth of the North American off-highway industry
Author: Krishna Achuthan
| Deliverable Type | Market Research |
|---|---|
| Author | Krishna Achuthan |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| List of Charts and Figures | Off highway Equipment Market: Unit Sales, North America, 2021 2030~ Off highway Equipment Market: Growth Drivers, North America, 2022 2030~ Off highway Equipment Market: Growth Restraints, North America, 2022 2030~ Economic Environment: Annual GDP and GDP Growth, United States, 2021 2030~ Economic Environment: Annual GDP and GDP Growth, Canada, 2021 2030~ Economic Environment: Construction Spending, United States, 2021 2030~ Economic Environment: Construction Spending, Canada, 2021 2030~ Economic Environment: Total Mine Production, United States, 2021 2030~ Economic Environment: Total Mine Production, Canada, 2021 2030~ Economic Environment: Acreage for Major Field Crops, United States, 2021 2030~ Economic Environment: Acreage for Major Field Crops, Canada, 2021 2030~ Economic Environment: DERA Grants Awarded for Off highway Equipment, United States, 2021~ Economic Environment: DERA Grants Awarded for Off highway Equipment, United States, 2021~ Off highway Market: Unit Sales by Off highway Application and Equipment Type, North America, 2021~ Off highway Market: EIO by Off highway Application and Equipment Type, North America, 2021~ Off highway Market: Off highway Equipment Market Size, North America, 2021~ Off highway Market: Hybrid Off highway Product Launches Per Year, North America, 2008 2030~ Off highway Market: Battery electric Off highway Product Launches Per Year, North America, 2016 2030~ Off highway Market: Hybrid Off highway Product Launches by Type, North America, 2008 2019~ Off highway Market: Hybrid Off highway Product Launches by Type, North America, 2019 2022~ Off highway Market: Hybrid Off highway Product Launches by Type, North America, 2023 2030~ Off highway Market: Battery electric Product Launches by Type, North America, 2016 2021~ Off highway Market: Battery electric Product Launches by Type, North America, 2021 2025~ Off highway Market: Battery electric Product Launches by Type, North America, 2026 2030~ Off highway Market: Hybrid and Battery electric Equipment Unit Sales, North America, 2021 2030~ Off highway Market: Hybrid and Battery electric EIO, North America, 2021 2030~ Off highway Equipment Market: Digital Services Ecosystem, Global, 2021~ Off highway Market: Digitization in Agriculture, North America, 2021 2030~ Off highway Market: Digitization in Construction and Mining, North America, 2021 2030~ Off highway Market: Connected Off highway Applications, North America, 2021 2030~ Off highway Market: Construction Equipment Telematics In Installed Base, North America, 2021 2030~ Off highway Market: Mining Equipment Telematics In Installed Base, North America, 2021 2030~ Off highway Market: Agricultural Equipment Telematics In Installed Base, North America, 2021 2030~ Off highway Market: Off highway Equipment Rental Market Overview, North America, 2021 2030~ Off highway Equipment Market: North America, 2021 2030~ Off highway Market: Total Off highway Equipment Unit Sales, North America, 2021 2030~ Off highway Market: Total Off highway Equipment Market Revenue, North America, 2021 2030~ Off highway Market: Construction Equipment Unit Sales, North America, 2021 2030~ Off highway Market: Mining Equipment Unit Sales, North America, 2021 2030~ Off highway Market: Construction Equipment Unit Sales, North America, 2021 2030~ Off highway Market: Construction and Mining Equipment in Operation, North America, 2021 2030~ Off highway Market: Construction and Mining Equipment in Operation, North America, 2021 2030~ Off highway Market: Agricultural in Operation, North America, 2021 2030~ Off highway Market: Manufacturers Revenue Forecast, North America, 2021 2030~ |
| Podcast | No |
| WIP Number | K7A8-01-00-00-00 |
Growth Opportunities in North American Off-highway Equipment
Growth Opportunities in North American Off-highway Equipment
Digitization, Automation, and Cross-industry Synergies Drive Future Growth Potential
RELEASE DATE
29-Jul-2022
29-Jul-2022
REGION
North America
North America
Deliverable Type
Market Research
Market Research
Research Code: K7A8-01-00-00-00
SKU: AU02378-NA-MT_26764
$4,950.00
In stock
SKU
AU02378-NA-MT_26764