News: Industrial

2024-09-06

2024 Light Plant Production

19,200 units is the estimate by Power Systems Research of the number of Light Plants expected to be produced in North America in 2024.

A Light Plant, also known as a Light Tower, is a piece of mobile equipment which has one or more high-intensity lamps mounted on a mast. The mast is attached to a trailer, with a generator to power the lamps. The generator is powered by a diesel engine. Light plants mostly are used for construction and mining projects.

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, for Power Systems Research

2024-07-15

Hitachi Demonstrates Ultra-Large Electric Dump Truck

JAPAN REPORT

By Akihiro Komuro, Research Analyst, Far East and Southeast Asia

Akihiro Komuro
Akihiro Komuro

Hitachi Construction Machinery said it is demonstrating a rechargeable all-electric dump truck at a mine in Zambia. It’s the world’s first demonstration of an ultra-large machine with a payload capacity of 200 tons.

Operating conditions and battery life will be verified over a one-year period. The original plan was to have the system in operation by the end of 2024, but the company now plans to launch it in 2025 or later.

The overhead wires will be installed along the mine’s route and the battery will be recharged as it travels along the route. This system allows for more efficient operation than recharging at stops. The batteries mounted on the vehicle body will also be lighter, increasing the payload capacity of the dump truck.

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2024-04-10

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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2024-03-05

2024 Trencher Production: 4,800 Units

DataPoint: NA Trenchers – Mar 2024Download

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

2023-09-05

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

NA Tractor/Loader/Backhoes – Sept 2023Download

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