John Deere

CES 2025: The Press Conferences

CES is one of the biggest events of the year, covering technologies from autonomous driving to extended/virtual reality (XR/VR), humanoid robotics, and hydrogen and green technology, and seeing more than 140,000 visitors. This premium article highlights the key takeaways from each, some general themes from the press conferences and the show, and gives IDTechEx's take.

Why China Leads in EV Construction Sales, and Why That Might Change

While China may be the market leader in 2024, IDTechEx's latest article predicts that the US will replace China as the world leader in unit sales by 2044.

Construction OEMs Electrification Progress

Innovation map for the construction OEMs electrification progress.

Why Electric CAM Machines Need Diverse Battery Options

Construction, agriculture, and mining (CAM) machine OEMs have recently started their electrification journey. Over the next 10 years, IDTechEx predicts strong growth in this market, driven by the falling price of batteries and the total cost of ownership benefits that electric machines provide. As such, a new battery market will be created, one that IDTechEx's new "Battery Markets in Construction, Agriculture & Mining Machines 2024-2034" report finds will grow to a value of US$7.8 billion at a 10-year CAGR of 27.1% and with an annual demand of more than 50GWh in 2034.

Battery Technology Across Diverse Vehicle Segments

The electrification of cars has undeniably been at the forefront of the transition towards electric vehicles (EVs) and the growth in demand for Li-ion batteries, but the electric revolution extends far beyond passenger cars. Huge opportunities exist in other transport applications, which play a vital role in ongoing decarbonization efforts.

The EV Construction Industry will Live or Die on Battery Pricing

The new report from IDTechEx, "Electric Vehicles in Construction 2023-2043", shows that there are many reasons to adopt an electric vehicle as a construction professional: they are quieter than diesels, they help with air quality in the construction site, they can be more precise and easier to operate, and so on.

The Electrifying Divide in Battery Chemistries for Construction EVs

The success of electric vehicles in the construction industry will largely be determined by battery prices being low enough that the total cost of ownership is cheaper than diesel alternatives.