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

DATAPOINT: North America Terminal Tractors

Estimated 2022 Production: 3,800 Units

3,800 units is the estimate by Power Systems Research of the number of Terminal Tractors to be produced in North America (United States) in 2023.

Terminal Tractors are specialized heavy duty vehicles designed to move loads at container ports and container terminals. Generally, they are slow moving (under 30km/h) and employ a high torque diesel engine and 4×4 wheel drive which enables them to move very heavy trailer loads, sometimes up to 200 or 300 tons

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DATAPOINT: 2022 North America Production Estimate, Harvesters 460 Units

460 units is the estimate by Power Systems Research of the number of agricultural harvesters to be produced in the U.S. during 2022.

This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.

Market Share:  With 48.5% of total units produced, Deere leads in production of Harvesters in the U.S.  In second position is Oxbo International’s combined plant totals of 24%; third, is Flory with 10.5%. 

Exports: Collectively, up to 1% worldwide.

Trends: In 2021, production of Harvesters in NA increased 13%.  Production is expected to gain another 3% in 2022.  The Ag industry has fluctuated in recent years and demand for new products declined a few years ago due to falling commodity prices.  Farmers couldn’t afford new equipment and spent years refurbishing existing units.

Currently, it appears that growers are moving from hand to machine harvesting.  They are increasingly using over-the-row mechanical harvesters to pick produce and like commodities.  Especially during COVID times, this type of machinery reduces the need for manual labor during labor shortages.  The increase in harvester production is also attributed to the desire for new machinery that increases productivity and profitability. 

Expect production to fluctuate over the next 3-5 years with an increase of 5% by 2025.   PSR

Carol Turner is Senior Analyst, Global Operations, at Power Systems Research

DATAPOINT: North America Terminal Tractors

Estimated 2022 Production: 3,800 Units

3,800 units is the estimate by Power Systems Research of the number of Terminal Tractors to be produced in North America (United States) in 2022. Terminal Tractors are specialized heavy duty vehicles designed to move loads at container ports and container terminals. Generally, they are slow moving (under 30km/h) and employ a high torque diesel engine and 4×4 wheel drive which enables them to move very heavy trailer loads, sometimes up to 200 or 300 tons. PSR

DataPoint: North America Tractor/Loader/Backhoes (TLBs)

7,450 units is the estimate by Power Systems Research of the number of Tractor/Loader/Backhoes (TLB) expected to be produced in North America in 2023.

Tractor/Loader/Backhoes are full-size machines that are three pieces of construction equipment combined into one: the tractor, the loader and the backhoe. These units are designed to tackle an array of construction and agricultural related activities.

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DATAPOINT: US Lawn & Garden Tractors, 2022 Production Estimate, 709,700 Units

709,700 units is the estimate by Power Systems Research of the number of Lawn & Garden Tractors to be produced in the United States during 2022.

This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.

Market Share:  With 39% of total units produced, Husqvarna leads in production of Lawn & Garden Tractors in North America.  In second position, with combined plant totals, is MTD with 33.5%; third, also with combined plant totals, is Deere & Co. with 23.5%.    

Trends: In 2021 production of Lawn & Garden Tractors in North America (US) increased 4.5% over 2020 to 683,250 units.   Production in 2022 is expected to reach 709,700 units, a gain of 4.5%, compared to 2021.  The forecasted gain is driven by the demand for new fuel-efficient models in the market along with the demand for new equipment. 

Production has been slowed somewhat by the temporary lull in production of the Craftsman line, the saturation of new products in the market, and the unfavorable mowing conditions caused by the wet spring. 

The latest models offer a variety of features for homebuyers based on yard size. Entry-level lawn riders are suited for 1.5 acres or less and usually have 1-cylider engines.  Mid-grade riders have twin cylinder engines with high HP’s that work well in large cutting areas. 

Production is expected increase up to 5% by 2025; lifespan of this product has about a 10-year turnover.  PSR

Carol Turner, is Senior Analyst, Global Operations, for Power Systems Research

DataPoint: U.S. Trenchers, 2020 Production Estimate, 5,768 Units

The 5,768 units is the estimate by Power Systems Research of the number of Trenchers to be produced in the U.S. in 2020.

This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.

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DATAPOINT: North America Dumpers/Tenders, 2022 Production, 1620 Units

1,620 units is the estimate by Power Systems Research of the number of Dumpers/Tenders to be produced in North America during 2022.

This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.

Market Share:  With 62.5% of total units produced, Country Home Products leads in production of Dumpers/Tenders in North America. In second position is Allen Engineering with 19.5%; third, is Indy Equipment with 10.5%.    

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DataPoint: North America Skid Steer Loaders, 2022 Production, 92,700 Units

A Skid Steer Loader, also known as a skid loader, skid-steer loader, or skid steer, is a small rigid frame, engine-powered machine with lift arms used to attach a wide variety of labor-saving tools or attachments.

The four major types of skid steer loaders are Agricultural, 29%; Rental Fleets,  22%; Construction, 20%, and Landscape, 12%.

92,700 units is the estimate by Power Systems Research of the number of Skid Steer Loaders to be produced in North America (United States and Canada) in 2022.

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