Global Off-Road Equipment Technology 2019

As Quoted In OEM Off-Highway Magazine

This study analyzes global demand for off-road equipment. Demand values are provided for 2018, 2019, and 2023 at the manufacturers’ level in current US dollars (i.e., not adjusted to account for inflation). Demand is segmented by equipment type and world region. Data include the value of replacement parts and attachments sold separately. Values do not take into account retail markups. Also excluded are the values of software and services.

Off-Road Machinery

Off-road equipment demand is segmented by the following machinery types:

  • construction
  • agricultural
  • mining
  • forestry

The study also provides estimates of demand for smart machinery by equipment type. Smart machinery is defined as equipment that can operate autonomously or semi-autonomously, and/or greatly enhance the abilities of the operator, by connecting, sharing, and interacting with other devices to make decisions without human intervention.

Off-Road Equipment Industry Definitions

All-Electric

All-electric off-road equipment is powered by either a battery or a connection to an electrical grid.

Autonomous

Autonomous machines are programmed to perform specific tasks that would otherwise require a human operator.

Diesel-Electric Hybrid

Off-road machines featuring diesel-electric hybrid technology are powered by a diesel engine that drives an electric generator. Electrical energy is stored – typically in a battery pack – and then released to the drivetrain or other power systems.

Drone

An unmanned aerial vehicle (UAV) that is controlled remotely by a human or autonomously.

Hydraulic Hybrid

Hydraulic hybrids use regenerative braking to power a hydraulic pump, converting kinetic energy to hydraulic energy that can be stored for future use.

Industrial Internet of Things (IIoT)

A network of connected industrial devices, including systems that can collect, store, monitor, and analyze information.

Precision Agriculture

Precision agriculture involves the use of satellite-generated imaging and related technologies to enable farmers to adjust crop inputs (e.g., fertilizer, seeds) based on the unique requirements of individual fields.

Semi-Autonomous

Semi-autonomous machines can perform multiple tasks autonomously but require a human operator for one or more other tasks.

Smart Machinery

Equipment that can operate autonomously or semi-autonomously, and/or greatly enhance the abilities of the operator by connecting, sharing, and interacting with other devices to make decisions without human intervention.

Tethered Logging

Tethered logging refers to the practice of equipping forwarders or harvesters with winch accessories that are mounted or integrated into the equipment.

3D Printing

3D printing (also known as additive manufacturing) involves the repeated layering of molten or liquid materials – such as plastic or metal – to form a three-dimensional product, as directed by printer software.

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