Industry News: Page 211

Smart Agriculture Market Worth $13.50 Billion by 2023

MarketsandMarkets' new report estimates the smart agriculture market to be worth $7.53 billion in 2018, and is projected to achieve a CAGR of 12.39% through 2023.

Toyota Reveals Project Portal 2.0

Toyota Motor North America, Inc. (TMNA)

The next generation of Toyota's hydrogen fuel cell electric Class 8 truck has an increased estimated range of more than 300 miles per fill.

Toyota Project Portal Fcv Truck

AGCO Reports Improved Second Quarter Results

AGCO Corporation

AGCO's second quarter net sales increased approximately 17.2% compared to 2017 while sales for the first half of 2018 were up 19.8%.

CASE Expands and Adds to North American Dealer Network

Case Construction Equipment

CASE is expanding its North American dealer network to provide improved and expanded services in markets that are important to its construction equipment business.

Komatsu Partners with Propeller to Bring Drone Analytics Solutions to Construction Industry

Komatsu America Corp.

Komatsu partnered with Propelled due to the robust product it offered, as well as the ease-of-use, survey accuracy and reliability provided.

Operating Drone

Doosan Reaches Production Milestone

Doosan Corporation

Doosan has achieved the milestone of producing more than 400,000 excavators and wheel loaders for the global market.

Doosan

Global Underground Mining Equipment Market to Grow 6.5%

Research and Markets reports the market will grow at a CAGR of 6.5% through 2024 as the demand for metals and energy continue to increase.

Caterpillar Delivers 50,000th CAT Articulated Truck

Caterpillar Inc.

The 50,000th articulated truck was a Cat 745, 45.2-ton truck built at Caterpillar's Peterlee, U.K. manufacturing facility.

Cm20180730 04987 51703

Automated Systems

Global Mining Automation Market to Reach USD 6.2 Billion by 2025

Grand View Research reports the mining automation market will grow at a CAGR of 7.3% due to the increasing need to enhance accuracy and productivity of mining operations.

Proximity Detection & Safety Systems

Ultrasonic Sensor Systems Increasing Safety on Roadways

Brigade Electronics Inc.

Brigade Electronics says ultrasonic sensor systems can help with obstacle detection and blind spots as they can be fitted in various places on a vehicle, providing a greater range of detection.

Brigade Electronics

Infrastructure Investments to Drive Global Mobile Hydraulic Equipment

Research and Markets has released a new report which says the global mobile hydraulic equipment market will be driven by renewed investments in infrastructure and a focus on energy efficiency.

Caterpillar Reports Second-Quarter 2018 Results

Caterpillar Inc.

Caterpillar second-quarter second quarter sales and revenue increased 24%; the company has raised its full-year outlook due to continued strength in its end markets.

Page 211 of 873