Product Definitions Guide

Product Descriptions by Segment and Application Power Systems Research tracks some 250 products in 13 major industrial segments. This Guide defines each product that PSR lists in its proprietary databases. Segment: Agriculture Application: 2-Wheel Tractors 2-Wheel Tractors Application: Ag Tractors 2-Wheel Drive Tractors 4WD Articulated Ag Tractors MFWD Tractors (Mechanical Front Wheel Drive) Tracked Ag

Boot 2020 Wraps Up Successful Boat Show

Natasa Mulahalilovic is PSR MarineLink Product Manager

Emiliano Marzoli is Senior Business Development Manager – Europe

Dalibor Sablic is Senior Business Development Manager – Europe

SUMMARY: The general mood at Boot 2020 this year was very positive. Most builders said they had a very successful nautical 2018/2019 year, and most said they are looking forward to a good year in 2020. The show drew 240,000 visitors who had an opportunity to meet 1,900 exhibitors from 71 countries.

The Sailing boats segment is coming back on track, motorboats of all sizes are doing well, the super yachts segment remains strong, and inflatable boats and tenders have gained in popularity.  The optimistic view for 2020 is based on good year-end results, continuous investments in new technologies, materials, equipment, design and exciting new boat concepts.

Natasa Mulahalilovic
Natasa Mulahalilovic

Modern designs, completely new looks, use of light and solid material, work on multi-functionality and openness of the boats is visible everywhere and in all segments.  Boats are open more than ever, providing more space and light, and bringing riders closer to the water.

The environmental awareness is growing, and a new generation of boaters is looking for cleaner solutions, not just comfort. That’s why the sailing segment is gaining ground, electric boats are appealing to the general curiosity, and small and medium motorboats are more attractive than in last 10 years when the trend was towards bigger motor yachts and super yachts.

17 Halls of Boats, Boats and More Boats

Duesseldorf, Germany–The Power Systems Research (PSR) team spent several days exploring the 17 halls at this year’s Boot 2020 Show, reviewing products and talking with pleasure boat builders, traders and other industry professionals about the latest achievements, innovations and trends.

The 51st edition of Boot 2020, Europe’s largest boat show, wrapped up January 26, after drawing attendance of 240,000 for the nine-day event. People came mainly from Europe, but they came from all over the world, as well.  

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Used Construction Equipment Prices Fall in SE Asia, Demand Slows with COVID-19

The prices of used construction equipment continue to fall, and bidding prices at major auctions are 10% lower than in the same period last year. This is due to a decrease in demand from Southeast Asia due to the COVID-19.

Akihiro Komuro
Akihito Komuro

Demand in Japan is steady due to the torrential rains in Kyushu and other factors, but the price decline in overseas markets has lowered the overall market.

Demand in the Philippines and Thailand also declined. In Southeast Asia, demand for cranes and other infrastructure-related equipment has been high for the past few years, but there have been several construction delays and stoppages caused by COVID-19. The average unit price at the crane truck auction was about 6 million yen, a 20% drop from January to March before COVID-19.

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Recharging Slows Electrification of HD Trucks

CHINA REPORT
Jack Hao
Jack Hao

In 2022, the penetration rate of new energy units in the commercial vehicle market exceeded 10%, and the penetration rate of heavy-duty trucks was close to 5%. The new energy subsidy policy was scheduled to be withdrawn at the end of 2023, but data for the January to October period is basically the same as the previous year. The share of new energy units for the commercial vehicle segment is far lower than the market share of 30.4% for new energy passenger vehicles.

With the accelerated adjustment of China’s transportation structure, it is expected that by 2025, the national railway and water freight volume will increase by 10% and 12%, respectively, compared to 2020, while the road freight volume will relatively decrease. In this context, bulk and ultra long-distance road transportation will gradually exit the market, and the advantages of short and point-to-point road trunk transportation with radii of around 500 kilometers and 300 kilometers will be further highlighted.

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Australian Mining — Can It Power All The New EVs?

Australia is already the largest exporter of lithium in the world and has the largest lithium mine in the world. Each quarter, the Australian government produces a report from the Department of Industry Science and Resources which discusses Lithium and most of the other minerals needed to support the EV revolution.

The report is 175 pages long and this article focusses on the sections dealing with copper, nickel, zinc, and lithium.

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Auto Production Down Sharply in Asia

SOUTHEAST ASIA REPORT: VIETNAM, THAILAND, MALAYSIA

Akihiro Komuro
Akihiro Komuro

At the end of September, an auto parts manufacturer operating a plant near the southern Vietnamese city of Ho Chi Minh is struggling with a sharp drop in orders. The parts produced at this plant are delivered to Toyota group companies.

On Sept. 10, Toyota revised downward its production plan for the same month and October, adding about 70,000 units to the originally planned production cut of about 360,000 units in September, and cutting production by about 330,000 units in October.

The company also announced that it would revise its full-year production plan from 9.3 million units to 9 million units. Parts suppliers in Vietnam were affected by this. It was around the same time that Toyota announced its production cutbacks that the manufacturer mentioned above was told by its business partner that it wanted to significantly reduce orders for October.

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Russia Shuts Down Half of Auto Plants

RUSSIA REPORT
Maxim Sakov
Maxim Sakov

March 10, 2022–The volume of working auto production facilities in Russia has dropped by 45% since the invasion of Ukraine. On March 3, work continued in Russia on 55% of the facilities for assembling LCVs and passenger cars, comparing to 2021. Last year, domestic operations produced 83% of sales in Russia.

Work continues at AutoVAZ (in Tolyatti and Izhevsk), Stellantis and Mitsubishi alliance (PSMA Rus plant), Autotor (Kia and Hyundai assembly), Nissan, Haval, GAZ, UAZ, Mazda Sollers and Isuzu. The total number of vehicles produced by these enterprises has reached 766,000, which is 55% of the sales produced by the Russian automotive industry last year. The total annual production capacity of Russian automotive industry is about 2.7 million vehicles.

After implementation of Western sanctions and the volatility of currency exchange, automakers started raising prices and stopped production and shipping cars. Companies such as Volkswagen, BMW, Renault, Mercedes, Hyundai, Toyota, Sollers Ford have announced the temporary closing of factories. Closed import to Russia Audi, Porshe, GM, Jaguar Land Rover, Lexus, Volvo, Honda, Mazda and others.

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