Caterpillar Inc.

Robotic Process Automation Is A Key Technology Being Implemented In The Autonomous Construction Equipment Market - By The Business Research Company

Retrieved on: 
Wednesday, March 22, 2023

LONDON, March 22, 2023 /PRNewswire/ -- As per The Business Research Company's Autonomous Construction Equipment Global Market Report 2023, the global autonomous construction equipment market size will grow from $11.8 billion in 2022 to $14.05 billion in 2023 at a compound annual growth rate (CAGR) of more than 18%. The global autonomous construction equipment market size is then expected to grow to $20.3 billion in 2027 at a CAGR of more than 9%. Going forward, rapid urbanization and a rise in construction activities will drive autonomous construction equipment market growth.

Key Points: 
  • Going forward, rapid urbanization and a rise in construction activities will drive autonomous construction equipment market growth.
  • Companies operating in autonomous construction equipment market are focusing on technology advancement and developing new technology-based products to strengthen their position in the market.
  • Robotic process automation is one of the technologies that autonomous construction equipment companies are adopting to improve efficiencies.
  • According to autonomous construction equipment market analysis , Asia Pacific was the largest region in the autonomous construction equipment market, accounting for 36.8% of the total in 2022.

Caterpillar Highlights Services, Technology and Sustainability at 2023 CONEXPO-CON/AGG

Retrieved on: 
Tuesday, March 14, 2023

IRVING, Texas, March 14, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) is showcasing its latest products, services and technologies at this year's CONEXPO-CON/AGG March 14-18 in Las Vegas, Nevada. More than 30 machines, including model unveilings and battery electric machine prototypes, will be on display at the company's largest exhibit to date at the event.

Key Points: 
  • "We'll also demonstrate how we're supporting customers on their sustainability journey through fuel efficiency and alternative power sources."
  • Visitors will see two main equipment demonstrations each day – one focused on the latest Cat technology, and one that will spotlight the company's full equipment lineup.
  • "From services to technology to sustainability, we are excited to demonstrate how we can deliver customer value through an easy to buy, easy to own experience."
  • The Sustainability Hub spotlights components of Caterpillar's total site solution for the energy transition including Caterpillar-designed batteries powering battery electric machines.

According to Arizton, the Demand for Fire Fighting Pump is Booming Tremendously; The Fire Fighting Pump Market is Set to Reach $2.8 Billion by 2028

Retrieved on: 
Wednesday, March 1, 2023

 CHICAGO, March 1, 2023 /PRNewswire/ -- According to Arizton's latest research report, the fire fighting pump market will grow at a CAGR of 3.76% from 2022-2028.

Key Points: 
  • These construction activities are expected to boost the fire fighting pumps market by installing fire safety equipment such as standpipes, sprinkler systems, and fire pumps.
  • Further, in APAC, countries like India have invested USD 1.103 billion to develop sports infrastructure between 2022-2025.
  • All these facilities require fire safety equipment, propelling the fire fighting pump market during the forecasted period.
  • The growth in the number of hotels and resorts will ensure the growth of the global firefighting pump market.

According to Arizton, the Demand for Fire Fighting Pump is Booming Tremendously; The Fire Fighting Pump Market is Set to Reach $2.8 Billion by 2028

Retrieved on: 
Wednesday, March 1, 2023

CHICAGO, March 1, 2023 /PRNewswire/ -- According to Arizton's latest research report, the fire fighting pump market will grow at a CAGR of 3.76% from 2022-2028.

Key Points: 
  • These construction activities are expected to boost the fire fighting pumps market by installing fire safety equipment such as standpipes, sprinkler systems, and fire pumps.
  • Further, in APAC, countries like India have invested USD 1.103 billion to develop sports infrastructure between 2022-2025.
  • All these facilities require fire safety equipment, propelling the fire fighting pump market during the forecasted period.
  • The growth in the number of hotels and resorts will ensure the growth of the global firefighting pump market.

Caterpillar CFO Andrew Bonfield to Participate at 15th Annual Evercore ISI Industrial Conference

Retrieved on: 
Wednesday, March 1, 2023

IRVING, Texas, March 1, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) Chief Financial Officer Andrew Bonfield is expected to participate in a fireside chat at the 15th annual Evercore ISI Industrial Conference on Wednesday, March 8, 2023.

Key Points: 
  • IRVING, Texas, March 1, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) Chief Financial Officer Andrew Bonfield is expected to participate in a fireside chat at the 15th annual Evercore ISI Industrial Conference on Wednesday, March 8, 2023.
  • Mr. Bonfield is scheduled to speak beginning at approximately 9 a.m.
  • Listeners should go to the investor relations website at least 30 minutes before the live event to register and to download and install any necessary audio software.
  • A transcript is anticipated to be posted afterward on Caterpillar's investor relations website, https://investors.caterpillar.com/events-presentations/default.aspx .

Global Construction Equipment Rental Market Overview, 2023-28: Demand for Telematics Integrated Machinery Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Monday, February 20, 2023

Construction equipment rental is a service that concludes a contract with terms of use and rents construction equipment to the end user for a certain period of time.

Key Points: 
  • Construction equipment rental is a service that concludes a contract with terms of use and rents construction equipment to the end user for a certain period of time.
  • According to the Construction Equipment Rental Association, construction equipment rentals have increased significantly and are expected to see a substantial rise in developing countries such as China, India, and Mexico.
  • Technological advancements in heavy machinery and the automotive industry have resulted in numerous novel features in the construction equipment rental market.
  • It has adopted organic and inorganic strategies to sustain its position in the construction equipment rental market.

Global Automotive Parts Remanufacturing (PV, LCV, HCV, ATV, ORV) Market Analysis/Forecasts, 2021-2022 & 2023-2028 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 27, 2023

The shortage of raw materials is driving the growth of the automotive parts remanufacturing market as remanufactured parts are extracted from older vehicles and renovated.

Key Points: 
  • The shortage of raw materials is driving the growth of the automotive parts remanufacturing market as remanufactured parts are extracted from older vehicles and renovated.
  • The report analyses the Automotive Parts Remanufacturing Market by Component (Engine & Related Parts, Transmission & Others, Electrical & Electronics, Wheels & Brakes, Fuel Systems, Other Components).
  • The report analyses the Automotive Parts Remanufacturing Market By Vehicle (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, Off-Road Vehicles, All-Terrain Vehicles).
  • The Global Automotive Parts Remanufacturing Market has been analyzed by countries (United States, Canada, Mexico, Germany, UK, Russia, China, Japan, India, South Korea).

Global Dump Trucks Market 2022 to 2031: Major Players Include Hitachi Construction Machinery, XCMG, Komatsu and Sany - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 25, 2023

This report provides strategists, marketers and senior management with the critical information they need to assess the global dump trucks market.

Key Points: 
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global dump trucks market.
  • Major players in the dump trucks market are Hitachi Construction Machinery, XCMG, Komatsu Limited, Sany, Liebherr, OJSC BelAZ, Caterpillar Inc, John Deere, Rokbak, AB Volvo, FAW Group, DUX Machinery Corporation, AEBI, JCB, Navistar International, and Peterbilt.
  • The main types of dump trucks include rear dump trucks, side dump trucks, and roll-off dump trucks.
  • The countries covered in the dump trucks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

Inaugural Caterpillar 2022 Lobbying Report Highlights Political and Advocacy Efforts That Help Advance Enterprise Strategy

Retrieved on: 
Friday, February 3, 2023

IRVING, Texas, Feb. 3, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) has released The Purpose of Engagement , the company's first Lobbying Report.

Key Points: 
  • IRVING, Texas, Feb. 3, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) has released The Purpose of Engagement , the company's first Lobbying Report.
  • The inaugural report details how and why Caterpillar participates in the public policy process, advocating for a range of issues that advance the company's strategy and purpose while providing value to customers, shareholders, employees and other stakeholders.
  • "Our advocacy efforts and political engagements align with our Values in Action, governing laws and our enterprise strategy for long-term profitable growth," said Caterpillar Chairman and CEO Jim Umpleby.
  • "Our advocacy is demonstrated through our support of policies that allow us to help our customers build a better, more sustainable world."

Caterpillar Announces Appointment of Two New Independent Directors

Retrieved on: 
Wednesday, February 1, 2023

IRVING, Texas, Feb. 1, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced that Judith (Judy) Marks, Chair, CEO and President of Otis Worldwide Corporation, and James (Jim) Fish, Jr., President and CEO of Waste Management (WM), have been appointed to the Caterpillar board of directors, effective March 1, 2023.

Key Points: 
  • The company also announced that Edward (Ed) Rust will not stand for re-election at the 2023 Annual Shareholder Meeting.
  • "We are pleased to welcome leaders of such high caliber to our board," said Caterpillar Chairman and CEO Jim Umpleby.
  • In April 2020, Marks led the successful spin of Otis to an independent publicly traded company.
  • Following the 2023 Annual Shareholder Meeting, the Caterpillar board will be comprised of 11 directors, 10 of whom are independent.