Global Off-highway Equipment Sector Outlook Report 2023: Focus on the Construction, Mining, and Agriculture Segments

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May 22, 2023, 13:15 ET

DUBLIN, May 22, 2023 /PRNewswire/ -- The "Global Off-highway Equipment Sector Outlook, 2023" report has been added to ResearchAndMarkets.com's offering.

This study provides an analysis of the global off-highway equipment sector with focus on the construction, mining, and agriculture segments. Discussions include predictions for 2023, major market trends, market measurements by region, (United States, Europe, Asia [India and China], and the Rest of World), and top growth opportunity areas.

In 2023, the publisher expects OEMs, suppliers, and dealerships to expand the capabilities of their online offerings, such as service support, parts availability and management, and on-demand delivery.

The challenges that emerged from longer lead times since the COVID-19 pandemic in terms of parts and equipment procurement are creating opportunities for alternate sourcing methods that are cost-effective and efficient in addressing aftermarket and service requirements.

Ad-hoc job cycles in construction, customer demand for retail to enhance the monitoring of agricultural practices, and fleet owner preferences to reduce operation and maintenance costs and cut down on equipment deadtime will all drive the adoption and integration of telematics and IoT in off-highway applications.

Also, retrofit solutions will emerge as cost-effective alternatives to market-ready solutions in the short and medium terms. Solution providers will partner with financing institutions to help customers purchase retrofits through subscription models and flexible financing. Bundled services and stand-alone products with retrofit kits will also drive market growth.

Key Topics Covered:

1 Growth Environment

The 2022 Off-highway Market - Forecast vs. Actual
Key Findings - A Recap of 2022
Key Findings - Top 5 Predictions for 2023
Regional Off-highway Equipment Market
Regional Analysis by Revenue
Notable Mergers & Acquisitions in 2022
Key OEM Partnerships
Emerging Competitors in Related Markets

2 Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top 3 Strategic Imperatives on the Off-highway Industry
Growth Opportunities Fuel the Growth Pipeline Engine

3 2022 Global Economic Outlook

Top 5 Global Economic Highlights of 2022
Top 5 Global Economic Highlights of 2023
Global GDP Growth Expectations
Recessionary/Slowdown Expectations for Major Economies
Global GDP Growth Snapshot
Advanced Economy Predictions for 2023
Emerging Market Economy Predictions for 2023
2023 Regional Risks and Policy Direction
2023 Top Growth Opportunities by Region

4 Research Scope and Segmentation

Research Scope
Off-highway Equipment Classification

5 Trends

Top Trends Driving the Global Off-highway Equipment Market
Trend 1 - Cloud Management and Telematics
Trend 2 - Alternative Fuels and Zero Emission
Trend 3 - Rental, Shared, and eBusiness Models
Trend 4 - Supply Chain Business Models
Trend 5 - Retrofit Solutions
Impact of Trends by Region

6 Market Measurement Analysis by Region

Unit Sales by Region
Market Size by Region
Revenue Forecast by Segment
Equipment in Operation by Region

7 Off-highway Equipment Market Regional Analysis - United States

2022 Regional Analysis - United States
2022 Vendor Analysis - Americas

8 Off-highway Equipment Market Regional Analysis - Europe

2022 Regional Analysis - Europe
2022 Vendor Analysis - Europe, Middle East, Africa (EMEA)

9 Off-highway Equipment Market Regional Analysis - China

2023 Regional Analysis - China
2022 Vendor Analysis - Asia-Pacific (Includes China and India)

10 Off-highway Equipment Market Regional Analysis - India

2023 Regional Analysis - India
2022 Agricultural Tractor Vendor Analysis - India

11 Growth Opportunity Universe

Growth Opportunity 1 - Customization of Digital Services to Match Customer Requirements
Growth Opportunity 2 - Online Procurement Platforms
Growth Opportunity 3 - Retrofits to Accelerate Electrification and Automation

12 Conclusions

For more information about this report visit https://www.researchandmarkets.com/r/v5yi4f

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