News: Industrial

2022-11-16

Miners Cut CO2 Emissions Using EVs for Extracting Minerals

A new contract to supply battery electric vehicles to the Jansen potash project (potentially the world’s largest potash mine) expects to cut carbon emissions in half compared to its peers. BHP’s Jansen potash project is expected to be the largest of its kind, with initial capacity forecasts of 4.3 to 4.5 Mtpa. Potash is the most commonly used potassium fertilizer, but over 70% is based on conventional underground mining that uses heavy-duty equipment to extract it. Although underground mining releases half the CO2 emissions of open-pit mining, the company is reducing emissions further by introducing several battery electric vehicles.

Source: Electrek: Read The Article

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2022-11-15

DATAPOINT: North America Utility Vehicles, 2022 Production: 432,700 Units

432,700 units is the estimate by Power Systems Research of the number of Utility Vehicles to be produced in North America (United States, Canada and Mexico) in 2022.

Four-wheel off-road Utility Vehicles with side-by-side seating are designed to be used in a variety of recreational, industrial and military applications. When equipped with dumpers, they are commonly used for landscaping, dumping and transporting light materials. Vehicles can be customized with enclosed cabs, tool racks, dumpers and more for use on college campuses, parks, corporate campuses and airports. Suppliers offer a wide variety of gas, electric and diesel utility vehicles.

This 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.

Exports: Canada, up to 90%; Mexico, up to 85% for NA markets, and US, up to 40% worldwide.

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2022-11-14

Smaller Bauma Returns To Munich

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Summary. After more than three years, Bauma, one of the largest construction events in the world, reopened its doors for seven days in Munich Oct. 24. Power Systems Research (PSR) had a five-person team at the event, discussing trends with industry representatives, from new products and services to topics around the future evolution of sustainable technologies.

The show was smaller than the last time it was held, in 2019. Close to 3,200 exhibitors from 60 countries (2019: 3,684 exhibitors from 63 countries) participated and more than 495,000 visitors from over 200 countries (2019: 627,603 visitors from more than 200 countries) came to Munich for the event.

Bauma is the world’s leading trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction equipment. International visitors made up about 50% of the attendance. That’s a change from 2019 when about two-thirds of visitors came from Germany.

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2022-09-28

Special Report: M&T Expo

BRAZIL/SOUTH AMERICA REPORT  
Carlos Briganti
Carlos Briganti

TheM&T Expo 2022 is one of the most important trade fairs in the construction and mining equipment industry throughout Latin America and this year the show featured more than 600 exhibiting brands in 54,000 square meters. Held in Sao Paulo Aug. 30-Sept. 2, 2022, the event had more than 30,000 visits in four days. 

Disagreements between show organizers and exhibitors caused key players in the market to avoid the show. The list of missing exhibitors included Caterpillar, John Deere, Komatsu, JCB, CNH, and Volvo. Chinese companies, as well as Liebherr, took this opportunity to use large spaces at the event, both in area and in product portfolio with respective sales and engineering teams.

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DATAPOINT: NA Crawlers, 2022 Production: 4,100 Units

Crawlers come in one of three versions: Dozers, Loaders, and Excavators. Crawler Dozers are heavy, driver-operated machines used for clearing and grading land. Usually, they have continuous treads and a broad hydraulic blade in front.

A Crawler Loader is a piece of mobile construction equipment used to load materials; it’s used primarily in tough, off-road terrain. It’s similar to a wheel loader, except it has treads instead of wheels.

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2022-08-20

100,000th lithium-Ion Forklift for Jungheinrich

EUROPE REPORT
Emiliano Marzoli
Emiliano Marzoli

German OEM Jungheinrich has accomplished a remarkable goal, delivering its 100,000th lithium-Ion Forklift truck.  An ETV 216i Reach truck was the star of this milestone, with 15 other identical models delivered to the Amazon warehouse in Leipzig. 

In 2011, Jungheinrich was the world’s first industrial truck manufacturer to launch a series-produced truck with a lithium-ion battery. Since then, lithium-ion technology has become the fastest-growing battery technology for industrial trucks. 

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PSR Analysis: According to Jungheinrich, compared to a diesel truck of the same performance class, an electric truck with a lithium-ion battery emits less than half the CO2 during its entire lifetime, including its manufacture. By using electricity from renewable energy sources, the CO₂ emissions of the vehicles in operation can be reduced by up to 90%.  It is not a surprise to see the increase of battery electric trucks in the European production mix. 

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2022-06-25

Show Report: 2022 NEW Environmental Exposition

FAR EAST: JAPAN REPORT

Akihiro Komuro
Akihiro Komuro

Last month, I visited the three-day 2022 NEW Environmental Exposition, an exhibition of environment-related equipment in Tokyo. The show promoted the effective use of resources, new energy and energy reduction, and the utilization of CO2 emission reduction technologies

Source: Official Website

PSR Analysis: The exhibition featured many environment-related devices for waste treatment, demolition, bioplastics, water treatment and purification, heat utilization systems, recycling, and more.

Large equipment such as those that crush and efficiently separate debris mixed with earth, sand, and wood; metal recovery systems from seawater using special fibers, and equipment related to crushing wood, stone, and other materials were eye-catching in variety and size.

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DATAPOINT. North American Pavers, 2022 Estimated Production: 2,900 Units

NORTH AMERICAN REPORT

2,900 units is the estimate by Power Systems Research of the number of Pavers to be produced in the U.S. and Canada during 2022.

This 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.

Exports: Collectively, up to 40% worldwide.

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2022-03-20

Brazil Cuts Taxes on Production of Several Segments

BRAZIL/SOUTH AMERICA REPORT

Taxes on Industrialized Products (IPI) will be reduced by 25% for most of industrialized goods, in a Governmental effort to boost Industry production. The total impact in federal revenue will be US$ 5 billion in 2022.

Source: M&T     Read The Article

PSR Analysis: This should affect positively sales and profitability in all engine powered segments. However, profitability should be more impacted than volume. Construction Equipment should have the higher impact as well as spare parts.   PSR

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

2022-01-22

Brazil Off-Highway, Industrial Segments Expect 4% Growth in 2022

SOUTH AMERICA REPORT

According to Abimaq, the total machine segment, that includes Construction Equipment, Agricultural Equipment, Power Gen-Sets, Industrial Equipment and others, grew 20% in 2021 and should grow more than 4% in 2022. When breaking down by subsegment, ABIMAQ see the segments impacted by infrastructure growing around 15% and the segments impacted by Agriculture growing pushed by the harvest growth.

Source: M&T / Abimaq     Read The Article

PSR Analysis: The just released projections are in line with the fourth quarter projections we did for 2022. Our Agricultural Equipment forecast is more conservative than that released by ABIMAQ due to risk factors we see impacting this segment. Indeed, we are already seeing negative news at the harvest due to weather conditions as we are reporting in this PowerTALK Edition.  PSR

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