Frost & Sullivan’s mobility team tracks the global off-highway (OHW) equipment industry, providing deep-dive analysis of the shift toward equipment-as-a-service models and the implications of new technologies on the transportation landscape of the future.The OHW practice evaluates applications in the construction, mining, agriculture, forestry, and industrial sectors.
• This analysis offers a glance at Frost Sullivan’s the top 10 predictions for 2023 in the OHW equipment industry, including key developments related to evolving customer requirements and a fluid macro-economic scenario.
• Also included are technological developments spurred by the demand for greater convenience, flexibility, and affordability as well as competitive developments shaped by the need to boost innovation through portfolio expansion and strategic partnerships.
• A new wave of competition from start-ups and digital business models is challenging the standing conventions, compelling established industries to re-think their competitive stance.
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