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The European agricultural machinery industry’s business climate index slightly dropped for the second consecutive month, reaching 0 points in July from +4. This decline primarily affected arable equipment, transportation, and components, unlike previous months when harvesting equipment and tractors saw deterioration.
Market confidence remains low in France, particularly for tractors, arable, and harvesting equipment, with Germany also performing poorly in these segments. Conversely, Spain, Poland, and the UK show strong confidence, leading the European market.
The Electric & Hybrid Marine Exhibition 2025 held June 24 – 26, 2025, featured increased corporate collaboration and demonstrated a focus on sustainability, the adoption of immersive technologies, and enhanced connectivity.
These development trends were built on a collaborative approach to maritime electrification and decarbonization and reflect incremental improvements as well as a strategic shift toward smarter, greener, and more autonomous marine operations.
The show was held at the RAI Amsterdam complex and lasted three days. About 200 exhibitors participated, including leading companies in electric and hybrid marine technology, propulsion, and charging infrastructure.
Representatives of Power Systems Research attended the show to collect data on new products and to talk with exhibitors and attendees about industry trends.
Rolls-Royce Power Systems achieved record 2024 performance, with revenue rising 11% to US$5.56 billion (€5.05 billion), surpassing the US$5.5 billion (€5 billion) mark for the first time. Adjusted operating profit jumped 40% to US$728.2 million (€662 million), boosting return on sales to 13.1% (up from 10.4% in 2023).
CEO Dr. Joerg Stratmann credited the results to a focused strategy in energy, government, marine, battery storage, and services. “We’ve grown our market share in mtu products and see strong future potential,” he said. The division recorded US$6.60 billion (€6 billion) in orders, signaling a positive outlook for 2025.
The KTM Group, under the parent company Pierer Mobility AG, is currently navigating significant financial headwinds. Late November 2024 saw KTM AG enter a 90-day period of self-administration, a form of insolvency protection, burdened by approximately €3 billion in debt.
This move initiated a critical restructuring phase aimed at stabilizing the company’s financial position. A key milestone was reached in late February 2025 when creditors approved KTM’s restructuring plan, agreeing to a 30% debt repayment by May 23, 2025. This agreement hinged on KTM successfully raising €600 million by this crucial deadline, leading to an active search for potential investors.
Brussels, Belgium. Registrations of power 2-wheelers across the top 10 markets in Europe were down 19% in the first quarter of 2025 compared to the same period of 2024. This result is mainly a consequence of the introduction of the Euro 5+ emissions standards on Jan. 1, 2025, and it was anticipated after the very positive results of 2024.
Germany, Austria and the UK saw the harsher decreases, reporting respectively a -41%, -27% and -22% compared to last year. On the other hand, Switzerland limited the loss to -6%, while Poland and Spain were the only countries to report positive growth, +3% and + 6%.
Hannover Messe (March 31 – April 4, 2025) is the world’s leading annual trade fair for industrial technology, and the show delivered: AI and automation are now real, not hype. Hydrogen and sustainability took center stage. Canada’s partnership boosted global collaboration. The show proved industry is ready for a digital, green future — if you’re not innovating, you’re falling behind.
This year’s theme, “Energizing a Sustainable Industry” with a sharper focus on AI, automation, and sustainability. More than 127,000 visitors from 150 countries attended the show and more than 4,000 exhibitors, similar to 2024, participated. There was a significant increase in Canadian participation (225 exhibitors in 2025 vs. 83 in 2024).
MUNICH (April 7–13, 2025)–Bauma 2025 returned to its traditional April slot, after the 2022 edition was held in October due to the pandemic, and it was a huge success.
Power Systems Research (PSR) sent a team to Bauma to research new products and developing industry trends. This report was produced by analysts in the team using AI tools to research and compile information.
Wärtsilä, a marine and energy technology provider, saw a 34% increase in Q4 2024 order intake and 14% growth for the full year. Q4 orders reached EUR 2,491 million, with net sales up 13% to EUR 1,854 million.
The full-year order intake was EUR 8,072 million, with net sales growing 7% to EUR 6,449 million. The order book rose 25% to EUR 8,366 million.
CEO Håkan Agnevall highlighted record highs in order intake, operating results, and cash flow, noting significant profitability improvements. Despite geopolitical uncertainties, demand for decarbonization solutions has remained strong.
The Italian superyachts manufacturer Sanlorenzo and Volvo Penta are working to enhance yachting efficiency and sustainability by integrating the Volvo Penta’s IPS Professional Platform into the new SX120 and SX132 superyachts.
As part of its “Road to 2030” strategy, Sanlorenzo, a leading superyacht manufacturer, continues to drive innovation following the 2024 launch of the 50 Steel, the first superyacht powered by a green methanol-to-hydrogen fuel cell.
The IPS Professional Platform is an integrated, modular propulsion system developed by Volvo Penta and has been successfully tested on the 37 meters passenger ferry called Penta 40 in Sweden in 2024. It is designed for commercial vessels and superyachts between 25 and 55+ meters to improve efficiency, sustainability, reliability and comfort on the sea.
Brussels, Belgium–Volvo Trucks has announced the assembly of its 1,000th electric vehicle at its Blainville-sur-Orne facility in France. This milestone underscores the expanding market penetration of electric commercial vehicles and signals a growing demand for sustainable transport solutions.
The 1,000th unit, a Volvo FE model, was delivered to the Mineris Group. The Blainville plant, a crucial component of Volvo’s global electric truck manufacturing network, is strategically positioned to escalate production capacity in anticipation of further market growth. This development reflects Volvo’s commitment to electrification and aligns with broader industry trends towards decarbonizing transportation.
Looking forward, Volvo projects continued market expansion and is adapting its production capabilities to accommodate anticipated demand. But what is this demand looking like? According to our Database CV Link™ while overall demand of commercial vehicles will grow by a CAGR of 4% from 2025 to 2030, EVs will grow by 39% CAGR, reaching 100 thousand units produced in 2030. PSR
Emiliano Marzoli is Manager, European Operations, for Power Systems Research
