Off-highway vehicles are a critical part of modern life, be it tractors used in food production or construction machines used to create the buildings and infrastructure we use every day. As the world looks to address the challenges of greenhouse gas emissions, pollution and support both a growing and ageing population, off-highway vehicles will play a critical role in solving these problems both directly and indirectly.
The off-highway vehicle market is in, undoubtedly, one of the most dynamic phases of its existence. A desire to reduce emissions means that machines need to become both more efficient and use low and zero emission power sources. Labour shortages – through ageing populations or more restrictive migration – means that automation and autonomy of machines will become increasingly common in the future.
Interact Analysis has detailed research on the complete off-highway value chain – from machine to component – and we can help you understand the impact that these trends and others will have on market growth, new opportunities and how to avoid being disrupted.
