Are you implementing best practices gleaned from the world’s leading off-highway equipment companies to drive long-term growth?

The realm of off-highway vehicles (OHV) — spanning mining, construction, forestry, agriculture, and energy domains — encompasses a diverse array of applications, which is leading to an influx of new players eager to seize their slice of the pie. However, it is five well-established companies that have adeptly navigated the OHV transformation and emerged as dominant forces: John Deere, AGCO Corporation, CNH Industrial, Caterpillar, and Komatsu. What sets these industry leaders apart goes beyond their market share. They are distinguished by their adept regional strategies, effective local collaborations, and diverse product offerings, including tractors, combines, large excavators, dump trucks, and forestry equipment.

Recently, a transformative megatrend has been reshaping the off-highway vehicle industry, prompting these companies to swiftly adapt: the need to create more sustainable and efficient machines with a focus on reducing emissions. This is serving as a catalyst for innovation, motivating manufacturers to delve into new technologies such as electric and autonomous machinery.