2024 NA Skid Steer Production        

96,000 units is the estimate by Power Systems Research of the number of Skid Steer Loaders expected to be produced in North America (US and Canada) in 2024.

A Skid Steer Loader also known as a Skid Loader, Skid-Steer Loader, or Skidsteer, is a small rigid frame, engine-powered machine with lift arms used to attach a wide variety of labor-saving tools or attachments.

Four major uses for Skid Steer Loaders are: Agricultural, 29%; Rental Fleets, 22%; Construction, 20%, and Landscape, 12%.

This product 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. PSR

Carol Turner is Senior Analyst, Global Operationsat Power Systems Research

NA Plate Compactor Production        

3,200 units is the estimate by Power Systems Research of the number of Plate Compactors expected to be produced in North America in 2024.

Plate Compactors, also known as plate vibrators, are used to compact soils, base materials, sand beddings and pavers, to promote interlocking.

One key piece of equipment for almost all jobs is a plate compactor There are three main categories of plate compactors:  a single plate, reversible plate and heavy-duty compactors, mostly used for soil and asphalt compaction.  The most popular are reversible plate compactors because they can go in both directions (forward/backward).

This product 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.

Expect the production of Plate Compactors in NA to increase up to 10% by 2030.    PSR

Carol Turner is Senior Analyst, Global Operations, at Power Systems Research

PSR Is Looking Forward To INTERMAT 2024

PARIS—The 2024 edition of INTERMAT, the International Exhibition for Construction and Infrastructure, is coming up soon. The four-day show will be held at the Paris Nord Villepinte Exhibition Center 30 minutes from Paris April 24-27, and Power Systems Research will be there. 

INTERMAT is a leading trade show that brings together close to 1,000 industry exhibitors from the construction and infrastructure sectors worldwide. It showcases the latest equipment, materials, innovations, and technologies in the global construction industry.

PSR team members will attend INTERMAT to gather information from exhibitors and attendees on the newest products and industry trends.

If you would like to meet with us at the show, please  contact us to schedule a meeting.

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AG and CE Segments Poised for Substantial Growth in Brazil

The agricultural and construction equipment sectors in Brazil are poised for significant growth in coming years, according to data compiled by Anfavea (National Association of Automotive Vehicle Manufacturers) in conjunction with the IBGE (Brazilian Institute of Geography and Statistics).

A comprehensive survey identified 5.1 million agricultural establishments nationwide, of which 14.5% possessed tractors and 2.4% had harvesters, indicating substantial potential for expansion provided farmers have access to both public and private financing avenues for equipment acquisition.

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2024 Trencher Production: 4,800 Units

4,800 units is the estimate by Power Systems Research of the number of Trenchers expected to be produced in North America in 2024.

Trenchers, typically wheeled or chain, are used in a variety of applications; these machines are quite diversified for various markets having a wide range of clients. Trenchers are more precise at digging as opposed to excavators that are popular machinery for construction needs. 

This product 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. PSR

Carol Turner is Senior Analyst, Global Operations at Power Systems Researech

2024 NA Production: Dumpers/Tenders

1,600 units is the estimate by Power Systems Research of the number of Dumpers/Tenders expected to be produced in North America in 2024.

Dumpers/Tenders are vehicles designed for carrying bulk material, often on building sites. Dumpers are distinguished from dump trucks by configuration: a dumper is usually an open 4-wheeled vehicle with the load skip in front of the driver, while a dump truck has its cab in front of the load.

Utility style models are versatile and are extremely popular with homeowners.  Dumper/Tenders, commonly referred to as the Power Buggy, are sought after pieces of equipment, much faster than a conventional wheelbarrow and can accelerate job site related activities. PSR

Carol Turner is Senior Analyst, Global Operations, at Power Systems Research

Kubota and Sumitomo Plan Mutual Supply of Equipment

JAPAN REPORT
Akihiro Komuro
Akihiro Komuro

Kubota Corporation and Sumitomo Construction Machinery Co., Ltd. said they have begun discussions regarding the mutual supply of construction equipment.

Internationally, the growing demand for housing and the expected increase in construction work related to infrastructure investment and urban development, plus the increasing shortage of construction labor, are expected to create strong demand for construction equipment to improve efficiency and reduce labor requirements.

Kubota develops, manufactures, and sells small construction equipment used in urban construction, while Sumitomo Construction Machinery specializes in medium and large construction equipment used in a wide range of civil engineering and forestry work.

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