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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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

DataPoint: North America Tractor/Loader/Backhoes (TLBs)

7,450 units is the estimate by Power Systems Research of the number of Tractor/Loader/Backhoes (TLB) expected to be produced in North America in 2023.

Tractor/Loader/Backhoes are full-size machines that are three pieces of construction equipment combined into one: the tractor, the loader and the backhoe. These units are designed to tackle an array of construction and agricultural related activities.

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BEV Demand Boosts Brazil Mining Investment

The increase in global demand for clean energy is accelerating investments in the exploration of reserves of so-called critical or strategic minerals in Brazil. Over the next five years in Brazil, companies are expected to invest approximately US$ 8 billion in key strategic minerals. In copper the expectation is that the resources will reach US$ 4.47 billion, while nickel is in second place, with investments of US$ 2.3 Billion forecast.

Source: Valor      Read The Article

PSR Analysis:  A significant part of the investment will take place in Construction and Mining Equipment such as Hydraulic Excavators, Heavy Duty Wheel loaders and Graders that helps to sustain and increase the growth in the segment in Brazil.   PSR

Fabio Ferraresi is Director-Business Development South America for Power Systems Research

XCMG Group, Toyota Sign Cooperation Pact

CHINA REPORT
Jack Hao
Jack Hao

XCMG Group and Toyota have signed a strategic cooperation agreement in the field of hydrogen energy. The companies will build a complete hydrogen energy machine and core component industry base centered around Xuzhou, which will drive development of the hydrogen energy industry in Xuzhou.

XCMG Group expects this contract to aid both parties to collaborate and innovate in cutting-edge technology research and development applications such as hydrogen vehicles, fuel cells, and core components.

Using hydrogen energy to change the future is the goal of Toyota and XCMG. The foundation for the development of Xuzhou’s green and low-carbon energy industry is solid.

Source: D1CM     Read The Article

PSR Analysis: XCMG Group and Toyota have strong complementary prospects, and huge potential for cooperation and development. Working together, they will accelerate the progress of off-road machinery from traditional fuels to electrification and finally to fuel cells.

Toyota has always been a major supporter of hydrogen fuel cell vehicles as an alternative to electric vehicles. Toyota will focus on selling hydrogen powered trucks and cars in Europe and China. In 2022, Toyota sold over 3,900 fuel cell vehicles, while its global sales are about 9.5 million units.

Toyota hopes to sell 200,000 hydrogen powered vehicles by 2030. The products of XCMG Group include five pillar industries: Construction Machinery, Lifting Machinery, Piling Machinery, Concrete Machinery, and Road Machinery, as well as strategic new industries such as Mining Machinery, Aerial Work Platforms, Environmental Industry, Agricultural Machinery, Port Machinery, and Rescue Support Equipment. It has over 60 enterprises under its jurisdiction, including mainframe, trade services, and new business models. This cooperation could have a major impact on both parties. PSR

Jack Hao is Senior Research Manager – China for Power Systems Research

Show Report: Hannover Messe 2023

EUROPEAN REPORT 
Guy Youngs
Guy Youngs

General Observations. The core topics at HANNOVER MESSE included artificial intelligence, hydrogen, energy management, connected and intelligent production, and the new Manufacturing-X data ecosystem.

More than 4,000 exhibitors presented their solutions and welcomed 130,000 visitors from around the globe. There seemed to be a very large Chinese contingent at the show (both as visitors and exhibitors), as well as a large number of local governments, universities and startups. There seemed to be a predominance of exhibitors showing bearings, copper fittings, cables and components as well as systems / electronics companies.

There was also a large number of independent robots in evidence, ranging from robotic dogs and robotic servers to robotic messengers following pre planned routes.

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Caterpillar and NMG Sign Circular Supply Chain Deal

Nouveau Monde Graphite Inc. (NMG) and Caterpillar Inc. have signed agreements to provide a zero-exhaust emission fleet, supporting infrastructure, and service for NMG’s Matawinie Mine. Caterpillar will supply heavy mining equipment to transition from traditional models to Cat zero-exhaust emission machines.

Additionally, a non-binding memorandum of understanding (MoU) has been signed between the two companies to advance commercial discussions targeting NMG’s active anode material.

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