Tractor/ Loader/ Backhoes

  • Brazil CE Sales To Grow 15% Despite COVID

    Fabio Ferraresi
    Fabio Ferraresi

    Construction Equipment Internal Sales in Brazil from January thru May grew 35% over the same period of 2019. The Brazilian Machinery Builders´ Association (ABIMAQ)  expects 2020 sales to hit 20,000 machines, 15% more than in 2019.

    Source: Valor Econônico      Read The Article

    PSR Analysis: The Construction segment was the less affected by the pandemic than some other segments. The interest reduction directed investment to real state, especially housing, and some measures, such as the new regulation for sanitation, recently approved by the parliament, will boost the Construction business in 2020 and more significantly in the coming years. PSR

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  • Europe Stage V Emissions Standard Officially Delayed

    Regulation (EU) 2020/1040 to amend Regulation (EU) 2016/1628 on Stage V emissions for non-road mobile machinery (NRMM) was published July 17 in the Official Journal of the European Union.

    Emiliano Marzoli
    Emiliano Marzoli

    This final step of the legislative process confirms that the 12-month extension of certain transitional provisions is officially EU law and is applicable retroactively from July 1, 2020.

    This amendment to the Stage V Regulation extends by 12 months the June 30, 2020, and December31, 2020, deadlines for the production and placing on the market of NRMM and tractors fitted with transition engines <56kW and ≥130kW.

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  • Construction Machinery Sales Could Fall 18%

    The market for construction machinery showed good results in Q1 2020, following ruble devaluation and the construction of hospitals. However, it began to decline in April, and the Association of European Business (AEB) expects an 18% decline for 2020 instead of the small growth forecasted earlier.

    Maxim Sakov
    Maxim Sakov

    The most significant sales decline is expected for excavators, loaders and dump trucks. Only crawler tractors can avoid decrease, however, it’s still 32.6% worse than pre-crisis expectation.

    Experts note that the largest decline is likely to be in more expensive applications, or where existing fleets have larger reserves. In cases where there are no support measures, the decline could be as much as 50% or more.

    However, one positive signal is that there are no plans to reduce road construction projects.

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  • COVID-19 2020 North American Impact: Ag, -12%, Construction, -14%

    HDMA-PSR COVID Webinar Presentation

    COVID-19 continues to batter production of off-highway equipment as we continue to move through 2020. The effects of the virus on Agricultural and Construction equipment production in North America were analyzed in a June 17 webinar presented by the Heavy Duty Manufacturers Association (HDMA) and Power Systems Research (PSR). The webinar updated information presented in PSR’s webinar in April.

    Jim Downey
    Jim Downey

    The PSR webinar team was Jim Downey, PSR vice president-global data products , and Yosyf Sherementa, PhD, PSR director-product management and customer experience.

    PSR projects AG to be down 9.4% and CN to be down 11.3% when comparing global production for this year (2020) to last year (2019).

    China and India which have the largest volumes for ag machinery are the lower side for production percentage drops this year. China which is also the largest producer of construction equipment is not expecting a decline this year.

    Yosyf Sheremeta
    Yosyf Sheremeta

    A slight recovery for Construction equipment is expected in 2021, but not until 2022 for Agricultural machinery. Ag sector recovery will ultimately depend on overall economic recovery from the COVID-19 pandemic.

    The construction segment will not return to pre-virus production volumes for another few years, at best. We’re looking out to 2024 or possibly 2025 to get back to 1.48 million units.

    We don’t see a V-shaped type scenario on the horizon in North America, but rather recovery will look like something between a “U” and an “L.” Somewhat of a swoosh shape or upward sloping L.  Economic activity will slowly return to a sense of normalcy as the curve of new COVID-19 cases flattens.

    Government support and intervention will be needed, and stimulus will provide an economic backstop. We expect modest growth in 2021. Pent-up demand and continued economic stimulus should also help with rebound.

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  • Impact of COVID-19 in India on Engine-driven Applications

    As of today, India is relatively less impacted by COVID than other nations. Because of the very bold and unprecedented move of a complete lockdown for about 40 days, India has managed to restrict the number of positive cases to 17,000.

    Ritvik Kulkarni
    Ritvik Kulkarni

    Considering that India is a country with a population of over 1 billion persons living in challenging on-ground conditions, it is a phenomenal effort of proactive and timely response from the government as well as restraint observed by citizens.

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