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Carol Turner

  • Off-Highway Truck Production

    2019 NA Production About The Same as 2018

    1400 Units

    This information originally appeared in the August 2019 issue of PowerTALK.

    Carol Turner is Senior Analyst, Global Operations

    DataPoint

    Fourteen hundred units is the estimate, by Power Systems Research, of the number of Off-Highway Trucks that will be produced in the United States and Canada during 2019. Estimated 2019 production will be about the same as 2018.

    In 2018, production was 1412 units, down 55 units or 4% from 2017.

    This information comes 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: Caterpillar leads in the production of Off-Highway Truck in NA with 54.5% of total units manufactured. In second position is Deere with 28%; third is Komatsu America with 15.5%. 

    Carol Turner
    Carol Turner

    Senior Analyst Global Operations

    Exports: Collectively up to 20% worldwide

    Trends: The decline in manufacturing from 2017 is caused by the weakening of mining related activities especially within the copper and gold segments along with overseas mining related issues.

    It was favorable news in 2017 for companies servicing the mining sector after project opportunities declined the past few years. There was an increasing demand for mining operations due to the rise the excavation of iron ore, nickel and bauxite followed by gold and copper. Expect the production of Off-Highway Trucks to increase up to 3% over the next three years, but that number will fluctuate with the demand for mining.     PSR

  • US Combines

    2019 US Production Forecast to Climb 2%

    6800 Units

    This information originally appeared in the July 2019 issue of PowerTALK.

    By Carol Turner, Senior Analyst, Global Operations

    This is the estimate by Power Systems Research of the number of Combines that will be produced in the United States during 2019. Estimated 2019 production will be up nearly 2% from 2018.

    In 2018, production was 6846 units, down 485 units or 6.6% from 2017.

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

    Carol Turner
    Carol Turner

    Market Share: With 60% of the total units produced, John Deere captured the lead for Combine production in North American. In second position is Case & New Holland branded combines/harvesters with 29%.

    Exports: Collectively up to 60% worldwide

    Trends: In 2019, production is forecasted to remain flat from 2018 with a nominal gain of ½%. In recent years, demand for new equipment has dropped significantly. Farmers have been reluctant to buy or trade in pricey equipment because of lower commodity prices. 

    In 2017, production and purchases of new combines rebounded as portrayed with the gain in overall production figures. The gain can be attributed to an increase in commodity prices such as corn and soybeans. 

    Expect production to remain flat possibly with a small gain up to 2025.     PSR

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