Power Systems Research (PSR) is an international research company based in St. Paul, Minnesota, USA. It operates a second North America office in Detroit, Mich., and has offices in five other countries. PSR analysts have been collecting and analyzing global engine and powertrain data and information since 1976, and we use this data to develop targeted forecasts by industry segment and region.
Our team of experienced analysts works with OEMs, engine and component manufacturers, dealers, fleet managers and industry experts to compile detailed and focused data that has become an industry standard. It’s the leading source of global information on engines and power equipment powered by IC and alternate sources. Whether you need detailed global data, forecasts or customized local market studies, we can provide you with Data, Forecasting and Solutions. Let’s start today.
This article is being written the week after SpaceX successfully brought two astronauts to the International Space Station, which has been celebrated across the country as a great achievement for the United States Space program.
I certainly share the feeling that it is good to be back in space, but there is also this lingering feeling that 50 years after we landed on the moon, we might be somewhere further along than just getting back into space on American-piloted rockets.
Tyler Wiegert
Combining that with a pandemic that has brought us to a public health and economic situation more appropriate for the early 20th century than the early 21st century, and protests over racial inequality issues that many hoped we’d be further along with 60 years after the Civil Rights movement, it feels appropriate to reflect on the phenomenon of future-hype.
The blog article Why Have Home Battery Forecasts Been Staggeringly Wrong for Years? examines the future-hype specifically around home battery systems. Specifically, why were predictions made only four years ago, not 50 or 60 or 100 years ago, so wrong about where home battery systems would be now?
Power Systems Research will work with the Heavy Duty Manufacturers Association (HDMA.org) to present a one-hour webinar examining the impact of COVID-19 on the industrial segments of Agricultural and Construction in North America.
The webinar will be presented Wednesday, June 17. Watch hdma.org and powersys.com for details. PSR
The 88,300 units is the estimate by Power Research of the number of Personal Watercraft (PWC) to be produced in North America (Canada, Mexico and 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.
Harley-Davidson said US sales were up 6.6% in the quarter before the pandemic ground the economy to a halt in mid-March. But sales wound up plunging 15.5% in America compared to a year ago and 20.7% internationally. Overall revenue slipped 8% from last year’s first quarter.
For the quarter, Harley-Davidson posted earnings of $69.7 million compared with $127.9 million in the same period a year ago.
Michael Aistrup
Harley-Davidson’s share in the U.S. heavyweight motorcycle market share was down 2.2 percentage points, to 48.9% and the company’s share of the heavyweight motorcycle market in Europe was 7.6% in the first quarter.
In response to the COVID-19 crisis, Harley has reduced planned capital spending, frozen hiring, temporarily reduced salaries, eliminated merit increases for employees in 2020 and changed the timing of new product launches in order to preserve $250 million in 2020.
The word “hybrid” in the power generation universe has generally been understood to mean a fossil-fuel engine supplemented by another power source, usually a renewable.
Tyler Wiegert
Then, the word grew to include vehicles and equipment that ran primarily on battery power but could be switched to a smaller engine that would recharge the battery while it ran.
Now, we are entering a time when “hybrid” includes drive systems that are primarily renewable-based and supplemented by an additional renewable system.
In this sphere, alternative power has primarily meant batteries and hydrogen fuel cells; one of the major impediments to wide adoption has always been range.
R&D World magazine recently examined the global market for lithium-ion batteries and concluded that there could very well be a shortage in the next decade. They projected that recent investments will ensure supply keeps ahead of demand for at least the next two years, but that the demand for lithium in 2030 will be 2.3x higher than the global output in 2019, and investments may not be happening at the pace needed to meet it.
Tyler Wiegert
The main bottleneck is that it takes 5-10 years to bring a new lithium or cobalt mine online, but their low prices right now remove some of the incentive to make those investments.
In the absence or shortage of those investments, control of current resources will play a critical role in the production costs of lithium-powered equipment, including on-highway vehicles. In this area, as in many others, Tesla appears to be a leader. The electric car maker has made a number of moves recently to pursue vertical integration, including, most recently, signing a supply deal with Hanwha for battery production equipment. But they are also making moves to secure ownership of the raw materials needed for battery production.
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.
The Outdoor Recreation Roundtable (ORR), a coalition of outdoor recreation trade associations and organizations, has published on their web site (www.recreationalroundtable .org) a guide for their members on the Outdoor Recreation Industry and the Coronavirus. Included on the site are Federal, State and Industry Resources, ORR’s letter to the President, Governors and Federal Government on the impact and recommendations to the Coronavirus crisis.
The site also has suggestions on what small businesses and policy makers can do to support efforts to combat the virus. The link for the informational site at ORR is: https://recreationroundtable.org/coronavirus/
PSR can support members of many of these organizations with focused and accurate forecasts of global diesel and gas engine production. PSR
MENDOTA HEIGHTS, MN–Students at St. Thomas Academy High School in suburban Minneapolis, Minnesota, are using 3D printers in their Innovation Center to produce face shields for first responders and medical personnel who are battling the coronavirus.
The school has garnered some national exposure for the manufacturing work it has done with its 3D printers, including time on an ABC News broadcast and a nice article in the St. Paul (Minnesota) Pioneer Press newspaper.
Power Systems Research is a co-founder of the Innovation Center that’s part of the company’s effort to support STEM (Science, Technology, Engineering and Math) programs at local high schools.
ST. PAUL, MN–A team of international analysts from Power Systems Research (PSR) analyzed the impact of COVID-19 on the global production of Off-Highway Equipment and MH-Duty Vehicles in several regions today.
The team examined the impact of the coronavirus in North America, Europe, Asia, India, and South America for the remainder of 2020 and into Q1 2021. Download your copy of the presentation here.
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