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.
SUMMARY. The North American economy
remained stable in 2019 and pure economic conditions as well as fundamentals in
the region were favorable. Most industries performed very well, and the
short-term outlook remains stable to flat for most market segments. However, we
see many new developments that could suggest a shift in the trend.
Yosyf Sheremeta
Consumer
confidence declined slightly in December, following a moderate increase in November. The Conference Board’s Consumer Confidence
Index stood at 126.5 in December, 1.4 points higher than in September 2019.
Per Lynn Franco, Senior Director of
Economic Indicators at The Conference Board: “While consumers’ assessment of current conditions improved,
their expectations declined, driven primarily by a softening in their
short-term outlook regarding jobs and financial prospects. While the economy
hasn’t shown signs of further weakening, there is little to suggest that
growth, and in particular consumer spending, will gain momentum in early 2020.”
SUMMARY:Gen-set sales in Q3 2019 rose 7% from Q2 2019, due to a continued strong demand for standby power systems. Standby systems in both the residential and commercial sectors drove this growth (the highest QoQ growth of the year so far), with the 10-20kW range increasing sales by nearly 12% and the 21-50kW, 51-100, and 101-300kW ranges growing 5-7%.
This year, the show drew more than 26,500 people from around the world. The indoor exhibit floor and the Outdoor Demonstration Area covered 24,000 net sq. ft. more than last year.
This article appeared in the July/August 2016 issue of Powerline Magazine, published by EGSA (Electrical Generating Systems Association)
This is the story of a 40-year-old company that carried on and succeeded following the sudden and tragic death of its Founder and President last year. Early in 2015, George Zirnhelt, the dynamic and creative Founder and President of Power Systems Research (PSR), passed away from injuries sustained in an accident while vacationing in Mexico.
The PSR global team rebounded from this loss, immediately implementing a crisis operations plan and a management transition program that were both already put in place. Instead of losing ground, the company finished 2015 strong, by following through on several strategic tasks that George had initiated and implemented to position the company for future growth and expansion.
Already in Q1, 2016 revenue was the best in more than a decade – a sign that the company is moving forward despite tragic loss. PSR is an internationally-recognized leader in the collection, analysis and forecasting of production information for engines
PSR helps to sponsor international award-winning St. Thomas Academy (St. Paul, Minn.) Experimental Vehicle Team. This is a record of their 2014 winning effort.
POWER SYSTEMS RESEARCH (PSR): Another in Our Series of EGSA Member Company Profiles 