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.
56,200 units is the estimate by Power Systems Research of the number of golf cars to be produced in North America during 2021. In this report, we consider North America to be the United States.
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 42% of total units produced, Yamaha Motor leads in production of gas-powered Golf Cars in the United States. In second position is Textron (EZGO) with 32%; third, is Club car with 26%.
The global economy is on a healthy rebound trend, but issues with supply chain, logistics and the re-surgency of COVID-19 during Q3 2021 remained. Power Systems Research witnessed a strong economic recovery globally in H1 2021; however, many challenges still remain. The rebound will continue to vary widely among different regions/countries, but a complete recovery is not expected until the global pandemic is under control. With some minor changes among regions and market segments globally, our overall forecast from last quarter remains in place, and that is good news to our industry players, OEMs, powertrain, and component suppliers.
The global economic performance last quarter was in line with our initial projections from earlier this year. As we projected last quarter, we did not expect any rapid economic recovery in H2 2021, however, we continued to witness a steady increase in economic activities. During the last quarter of 2021 Power Systems Research expects this trend to remain in place.
Government support in the form of fiscal policies and public health management are driving the economic rebound and largely explain variations in performance across countries. With the targeted monetary support to consumers and certain industries, the demand for products and services globally is coming back, and we expect this trend to carry over into Q1 2022.
The third quarter of 2021 brought steady economic activities and strong economic recovery in North America. Despite this strong economic recovery, many existing and new challenges developed. Pandemic-related supply chain disruptions, logistics backlogs, shortages within semiconductor products and new virus re-problems, labor market issues (shortages across service industry as well as skilled labor)- have contributed to slower growth in Q3 2021 than previously expected.
With the help of government support and targeted fiscal policies, the US economy is showing a strong comeback in 2021. Furthermore, it is on a positive trajectory to continue to grow in the next few years. There are many reasons for us to be optimistic about this trend. Our positive outlook is based on the reviews of key economic indicators, including GDP, unemployment, and inflation. In our previous forecasts, we discussed recovery trends for the post-pandemic period, and we called for a return of demand for most markets in 2021, especially during H2 2021.
St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) dropped from 131 to 117, or 10.7%, for the three-month period ended Sept. 30, 2021, from Q2 2021. The year-over-year (Q3 2020 to Q3 2021) loss for the PSR-TPI was 141 to 117, or 17%.
Except for China, all regions are expected to experience solid commercial vehicle demand growth this year and into 2022. Chinese heavy truck demand is expected to decline this year primarily due to the implementation of the China VI emission regulations that adds cost to the vehicles but no significant improvement in fuel economy.
The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.
This data comes from OE Link™, the proprietary database maintained by Power Systems Research. PSR
Jim Downey is Vice President-Global Data Products, and Chris Fisher is Senior Commercial Vehicle Analystat Power Systems Research.
California may soon ban the sale of gas-powered leaf blowers and lawn mowers under a bill the Legislature passed and sent to Gov. Newsom.
Assembly Bill 1346 would direct the California Air Resources Board to phase out the sale of “small off-road engines” by 2024, or as soon as the board finds feasible, whichever is later.
The bill’s author, Assemblyman Marc Berman, D-Menlo Park, tweeted that the state will spend $30 million “to help gardeners transition to cleaner, greener equipment.”
Stanley Black & Decker has announced plans to buy the remaining 80% of MTD Holdings Inc.’s stock for $1.6 billion in cash after previously buying a 20% stake in 2019.
In addition to lawn tractors such as the Cub Cadet, MTD also makes push lawn mowers, snow blowers, robotic lawn mowers, outdoor power equipment and garden tools.
Briggs & Stratton has acquired SimpliPhi Power, a battery manufacturer whose technology can be found in many microgrids. Briggs & Stratton plans to speed its growth into the energy storage market through the acquisition.
SimpliPhi manufactures ferrous phosphate batteries, management technology systems and plug-and-play power packs for residential, commercial and industrial customers.
Under the acquisition, SimpliPhi will continue to produce and offer its own products through existing distribution channels and partnerships as well as working through Briggs & Stratton’s distribution. PSR
Michael Aistrup is a Senior Analyst at Power Systems Research
The way we deliver products from point A to point B is changing. This transformation is creating new partnerships, with implications affecting more than just the transportation industry.
Our team at Power Systems Research provides market intelligence to companies working in and around transportation and mobility functions.
Ford Motor Company, Argo AI, and Walmart are working together to launch an autonomous vehicle delivery service in Miami, Austin, Texas, and Washington, D.C. — Walmart’s first multi-city autonomous delivery collaboration in the U.S. The last-mile delivery service will use Ford self-driving test vehicles equipped with the Argo AI Self-Driving System to deliver Walmart orders.
The collaboration brings together a self-driving technology provider with an automotive manufacturer able to integrate that technology with vehicles at scale, plus the world’s largest retailer.
Today Joe Delmont presents the 2021 forecast for Crawler production in North America. This forecast has been developed by Carol Turner, senior analyst of global operations, at Power Systems Research. Carol provides annual production forecasts for important equipment applications.
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 55% Caterpillar leads in production of crawlers in North America. In second position is Deere with 31.5%; third, is Case with 10%.
Today, Bitcoin consumes as much energy as a small country. This certainly sounds alarming, but the reality is a little more complex.
Our clients design and build generators installed for data centers, factories, distribution centers, commercial buildings, office buildings, grocery stores, and banks for emergency backup, peak shaving, or continuous power. Bitcoin miners utilize data centers for housing and managing their data (server) farms.
Bitcoin is a digital currency powered by many computers worldwide working to maintain the Bitcoin blockchain, a public database of all transactions on the network ever made. Bitcoin miners compete to officially record and verify the transaction and earn bitcoin as a reward. These transactions are verified by solving complex cryptographic and mathematical problems for which Bitcoin miners use a lot of power. The computers that record and verify Bitcoin transactions consume power at a level similar to some countries. The exact amount of energy used by a Bitcoin transaction can vary based on demand.
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