Market Analysis: Page 97

Sensor Technology Advancements Pave the Way for New Industry Solutions

Improvements in sensor technology are enabling better perception and data collection, helping to bring about new capabilities in systems and heavy equipment.

Jeff Wuendry Bio Pic Co2

Environmental Protection is a Driving Force for Change

FUCHS PETROLUB SE

The push toward electrification, use of alternative fuels and stricter emissions targets are key drivers for business and technology advancements.

Picture Le Fuchs

Supply Chain Disruptions Impacting Compact Construction Equipment Market

Yanmar America Corp.

Disruptions to supply chains in 2021 has shed a brighter light on the importance of having a well rounded business and strong relationships with partners and customers.

Market Growth is a Rising Tide Benefitting All Industry Players

Strong demand in the heavy equipment industries will continue, and benefit all who manufacture within or supply to this segment.

Photo 1 Ryan Webster Vice President Sales And Marketing At Anyseals

Technology and Equipment Will Evolve to Meet Changing Industry Needs

Despite current supply chain challenges, there will continue to be a need for new products and equipment to meet the needs of a growing global population and evolving heavy equipment industry.

Minoo Head Shot 2

Automation Solves Problems in a Smart, Streamlined Way

Aquajet Systems AB

Implementing automated systems can eliminate patched-together solutions that take a long time to set up and manage, helping to improve job site productivity.

Aquajet Keith Armishaw

Automation has Revolutionized Productivity

Use of remote-controlled equipment and automated systems is creating safer work environments and helping business cut costs.

Brokk Jeff Keeling

Market Analysis

Interact Analysis Projects 150% Growth By 2030 for Off-Highway Electrified Components Market

Interact Analysis

Battery packs, inverters, and motors are predicted to offer the largest revenue opportunity for the off-highway equipment components market.

Electric motors are one of three components that will be key areas of growth for electric component manufacturers.

Strong Interest Remains for Agritechnica 2022

German Agricultural Society (DLG)

A recent survey of potential show attendees shows 94% are considering visiting Agritechnica and 58% of respondents are already certain of their visit.

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Komatsu Exhibits Sustainable and Autonomous Mining Technology at MINExpo 2021

Komatsu Mining Corp. (formerly Joy Global Inc.)

Komatsu presented new offerings for the mining industry which leverage digitalization, electrification and automation.

The WE1850 wheel loader was one of many pieces of equipment featured at MINExpo 2021.

Cummins Awarded Funding from UK Government to Advance Hydrogen Engine Technology

Cummins is developing a medium-duty 6.7 L and a heavy-duty 15 L engine fueled by hydrogen for use in on- and off-highway applications.

Agricultural Tractor Sales Stay Positive in August 2021

Association of Equipment Manufacturers (AEM)

AEM reports year-to-date farm tractor sales in the U.S. remain up 13.3% and combines up 13.8%.

Claas

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