Carol Turner

  • DATAPOINT: Global Snowmobiles, 2021 Production, 107,250 Units

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    107,250 units is the estimate by Power Systems Research of the number of Snowmobiles to be produced in Canada, Finland, Italy, Japan, and the U.S. in 2021.

    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 52% of total units produced, Bombardier Recreational Products (BRP) leads in production of Snowmobiles.  In second position is Polaris Industries with 19%. Arctic Cat is third with 17%.  

    Trends: Production of snowmobiles decreased nearly 19% in 2020 from 2019.  Despite the COVID-19 shutdowns at Arctic Cat/Textron and Polaris, production was back on track for the winter ’21 season. 

    Despite the COVID-19-related production problems, 2021 will see the best year-to-year growth in 25 years, according to the International Snowmobile Manufacturers Association (ISMA).  Expect snowmobile production to gain 16% in 2021 over that of 2020. 

    The demand for snowmobiles is skyrocketing.  Recreationalists are choosing snowmobiling as a new hobby since many other activities have been shut down by COVID-19 restrictions. 

    The decline in 2020 was attributed to the lack of snowfall in many key riding areas worldwide, especially during the months from January – March.  Despite weather related issues, manufacturers introduced an array of new models that will entice buyers.

    Even though consumers struggle with economic difficulties and fuel prices are unstable, it appears that when it snows, powersports enthusiasts still want to play. Expect production of snowmobiles to increase an additional 10% by 2025.    PSR

    Carol Turner, Senior Analyst, Global Operations

  • DATAPOINT: NA Dumpers/Tenders, 2020 Production, 1,559 Units

    The 1,559 units is the estimate by Power Systems Research of the number of Dumpers/Tenders 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.

    Market Share: With 62.5% of total units produced, Country Home Products leads in production of Dumpers/Tenders in North America.  In second position…

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  • 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.

    Market Share: With combined plant totals of 49.5% Charles Machine Works leads in production of trenchers in the United States.  In second position is Vermeer with 13%; third, is Ground Hog with 11%.  

    Exports: Collectively, up to 30% worldwide, with buyers in South Africa and Russia making up the two largest segments.

    Trends: In 2019, production of Trenchers in the United States increased nearly 3%.  Production is expected to remain flat in 2020 with a slight decrease of 2%.  Trenchers, typically wheeled or chain, are utilized in a variety of applications and these machines are quite diversified for various markets having a wide range of clients.  Rental companies are hanging on to their trenchers longer, due to increased replacement costs. Also affecting production is the impact of Tier 4 engines that significantly increase trencher unit costs. 

    One more driver: trenchers go head to head with compact excavators.  Many users prefer excavators because they are considered a more versatile machine. As market factors fluctuate, expect trencher production to gain up to 5% by 2025.   PSR

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

  • DATAPOINT: US Excavators, 2020 Production Forecast, 17,125 Unit

    The 17,125 units is the estimate by Power Systems Research of the number of Excavators 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: US Shredders, 2020 Production — 68,200 Units

    The 68,200 units is the estimate by Power Systems Research of the number Shredders 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: US Combines, 2020 NA Production Forecast–6,300 units

    The 6,300 units is the estimate by Power Systems Research of the number Combines 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.

    Market Share: John Deere leads in the production of Combines in the U.S. with 59% of the total units manufactured. In second position is Case with 29%. Third, is Class with 6%.

    Exports: Collectively, up to 30% worldwide.

    Trends: In 2019, production of combines in North America decreased 7%.  Production in 2020 is forecasted to remain flat with a nominal drop of 1%.  Despite COVID-19, combine manufacturers expect to see an increase in sales due to the introduction of new equipment.

    A few years ago, farmers were reluctant to buy or trade in pricey equipment because of low commodity prices.  For instance, in 2017, production and purchases of new combines rebounded as portrayed in production figures. The gain can be attributed to an increase in commodity prices such as corn and soybeans that peaked in 2013/2014. 

    According to industry reports such as AEM, export sales to Canada decreased 19% in 2019.  Expect production to remain flat with a possible gain of 5% by 2025.   PSR

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

  • DATAPOINT: 2020 NA Off-Highway Truck Production Forecast Is 1,200 Units

    The 1,200 units is the estimate by Power Systems Research of the number of Off-Highway Trucks to be produced in North America (Canada and 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.

    Market Share: Caterpillar leads in the production of Off-Highway Trucks in North

    America with 53% of the total units manufactured. In second position is Deere with 29.5%. Third, is Komatsu America with 15.5%.

    Exports: Collectively, up to 20% worldwide.

    Trends: Production of Off-Highway Trucks in North America decreased 1% in 2019 compared to 2018.  Production is expected to drop another 15% in 2020.  The decline in manufacturing is caused by the weakening of mining related activities, especially within the copper and gold segments along with overseas mining related issues.  At the same time, Covid-19 factors contributed to the decrease. 

    Expect production to increase 5% by 2025 as the need for new equipment for mining operations increases.  It is speculated that there will be growth in the excavation of iron ore, nickel and bauxite followed by gold and copper.  PSR

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

  • DATAPOINT: 2020 Production of NA Off-Highway Trucks Forecast at 1,200 Units

    The 1,200 units is the estimate by Power Systems Research of the number of Off-Highway Trucks to be produced in North America (Canada and 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. NA Tillers 2020 Forecast: 261,100 Units

    The 261,100 units is the estimate by Power Systems Research of the number of tillers to be produced in North America (Mexico and 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.

    Market Share: With combined plant totals of 52%, MTD leads in production of tillers in North America. In second position is Schiller Grounds Care with 33%, and in third place is Honda Power with 5.5%.

    Exports: Mexico exports up to 65% of its production, and the U.S. ships up to 35% of its production worldwide.

    Trends: Production of Tillers in North America decreased nearly 16% in 2019, compared to 2018.  Production is expected to drop an additional 10% in 2020.  The decline is attributed to Husqvarna discontinuing their line of tillers along with a lull in demand for new products. 

    In recent years, there has been a steady demand for tillers in both the commercial and residential sectors.  Driven by an acceleration in GDP growth, consumers will be increasingly willing to spend their disposable incomes on durable goods, landscaping services, and recreational activities, thereby boosting demand for both consumer and commercial outdoor power equipment. 

    It’s possible that COVID-19 may cause a production decline, but this impact may be only minor because homeowners are keeping up their yards and creating flower beds, etc. Expect production to increase 10% by 2025.   PSR

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

  • DATAPOINT: US Lawn & Garden Tractors, 2020 Forecast: 681,500 Units

    681,500 units is the estimate by Power Systems Research of the number of Lawn & Garden Tractors to be produced in the United States 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.

    Market Share: With 38% 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%; third, also with combined plant totals, is Deere & Co. with 24%.

    Exports: Up to 25% worldwide.

    Trends: In 2019, production of Lawn & Garden Tractors in North America (US) increased nearly 8%, but production is expected to drop 16% in 2020.  The gain in 2019 was the result of increased demand for new fuel-efficient models combined with the demand for new equipment.  Latest models offer a variety of features for home buyers based on yard size (acreage). Entry-level lawn riders are suited for 1.5 acres or less and usually have 1-cylinder engines. 

    Mid-grade riders have twin cylinder engines with high HP’s that work well in large cutting areas.  The forecasted decline is caused by the temporary lull in production of the Craftsman line along with unfavorable mowing conditions (wet spring) and the saturation of new products in the market. 

    COVID-19 may play a factor in the manufacturing decrease because of plant shutdowns, however production can easily ramp up to meet demand for these seasonal items.  Production is expected increase up to 5% by 2025; lifespan of this product is about 10 years.   PSR

    Carol Turner Is Senior Analyst, Global Operations, Power Systems Research

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