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Quarterly Update Q1 2026
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Yanmar To Build Plant for Marine Hydrogen Engines

News: Off-Highway Equipment

Home » News » Industry Segments » Off-Highway Equipment

2026-04-18

Yanmar To Build Plant for Marine Hydrogen Engines

Akihiro Komuro
Akihiro Komuro
Akihiro Komuro

Yanmar Power Solutions is advancing the development of engines that are compatible with next-generation fuels. In anticipation of future increased production volumes of marine and land-based engines, the company has acquired a site in Amagasaki City, Hyogo Prefecture.

The new plant will be used to conduct test runs of marine hydrogen engines and to reorganize and strengthen production capabilities, including those of existing plants. The new plant is scheduled to begin operations about March 2029.

In the marine industry, there are ongoing efforts to develop and commercialize decarbonization technologies with the aim of achieving carbon neutrality by 2050. Leveraging its expertise in engine development and production, Yanmar Power Solutions plans to develop powertrains compatible with next-generation fuels, including hydrogen, methanol and ammonia, and establish production systems to support them.

Read More»
Categories: Construction, Japan, Marine, Off-Highway Equipment, Production
Office: Japan Office

HD Construction Introduces Electric Safety Training

Akihiro Komuro

SOUTH KOREAREPORT

In response to the growing adoption of electric construction equipment, HD Construction Equipment has introduced South Korea’s first safety management certification system for high-voltage systems. The system is designed to educate specialists in maintaining and inspecting high-voltage batteries and electrical systems in electric excavators and other machinery.

Recognizing that the expansion of electric construction equipment requires addressing safety risks that differ from those of conventional diesel machines, the company has developed educational programs and a certification system. Certified individuals receive specialized training in handling high-voltage equipment, troubleshooting, and maintenance operations.

The company positions this initiative as part of the infrastructure development required for the expansion of the electric construction equipment market. HD Construction Equipment plans to continue fostering relevant talent and strengthening its service infrastructure.

Source: HD Construction Equipment

PSR Analysis: I think this initiative shows that South Korean construction equipment manufacturers are starting to see electrification as more than just product development. They view it as an “operation-oriented industrial infrastructure” that includes service systems and workforce development.

Electric construction machinery requires high-voltage batteries and electrical systems, so it demands different maintenance skills than conventional diesel machines. Against this backdrop, manufacturers’ move to establish a certification system reflects their intention to establish electrification in the market as a total solution that includes operation and maintenance, not as a standalone product.

In this regard, South Korean manufacturers’ approach appears to differ from that of their European and American counterparts. In Europe and the United States, service systems based on existing dealer networks are well-established, and efforts regarding electric construction machinery proceed as an extension of these frameworks.

In contrast, Korean manufacturers are proactively establishing certification systems and training programs to address the new risks associated with electrification. This proactive approach effectively mitigates operational uncertainties during the initial stages of electrification, potentially providing a competitive advantage, especially in regions with underdeveloped service infrastructure. PSR

Akihiro Komuro is Research Analyst, Far East and Southeast Asia, at Power Systems Research

Categories: Batteries, Construction, Electrification, Off-Highway Equipment, Production, South Korea
Office: Japan Office

2026-01-25

North America Dumper/Tender Production

Carol Turner

1,300 units is the estimate by Power Systems Research of the number of Golf Cars expected to be produced in North America during 2026.

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.

Read More»
Categories: Construction, DataPoint, Datapoint Reports, Industrial, Off-Highway Equipment, Production
Office: United States Offices

2026 Brazilian Vehicle Market Projected To Grow 3%

Fabio Ferraresi

Brazil’s vehicle distribution association Fenabrave projects that the total new vehicle market in 2026 will grow by approximately 3%, reaching around 2.7–2.8 million units in total sales across all segments compared with 2025 performance. This projection includes ~3% increases in passenger cars and light commercial vehicles, roughly 2.6–2.7 million units, and ~3.5% growth in truck registrations. Sales of buses are also forecast to rise ~3%.

The outlook is supported by expectations of improved credit availability, federal support programs such as Carro Sustentável and Move Brazil, and a strong commodities export environment, which bolsters freight demand. The heavy truck segment, which faced a steep decline in 2025, is expected to contribute to overall market expansion. Fenabrave’s forecast assumes modest macroeconomic improvement and continued easing of credit conditions.

Read More»
Categories: Central/South America, Commercial Vehicles, Off-Highway Equipment, Passenger Cars, Minivans, and SUVs, Sales, South America/Brazil
Office: Brazil Office

2025-12-08

Volvo Launches Dump Truck with 55-Ton Capacity

Fabio Ferraresi

Volvo CE has introduced in Brazil the latest generation of its largest articulated dump truck, the A60. The updated model offers a payload capacity of 55 000 kg and a dump body volume of 33.6 cubic meters — the highest among articulated haulers available locally. It is powered by the Volvo D16J engine, delivering 470 kW (≈ 630 hp) and 2,960 Nm torque, optimized for heavy off-road operations.

Compared with the previous generation, the A60 delivers a 15% gain in fuel efficiency and 5% increase in productivity per loading cycle. The redesign includes improvements in drivetrain, transmission, traction control and operator ergonomics, reflecting Volvo’s renewed lineup update for articulated trucks in Brazil.

Source: Automotive Business     Read The Article

PSR Analysis: The upgraded A60 meets rising demand from mining, quarrying and large-scale infrastructure sectors by combining high payload, improved fuel economy and proven off-road capability, translating into lower operating cost per ton transported. Its enhanced drivetrain, traction control and stability — crucial in challenging terrain — should increase uptime and reliability for high-utilization fleets.    PSR

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

Categories: Central/South America, Commercial Vehicles, Off-Highway Equipment, Production, South America/Brazil
Office: Brazil Office

2025-10-19

U.S. Tariffs Up To 50% Impact South Korea Exports

Akihiro Komuro
SOUTH KOREA REPORT

The U.S. Department of Commerce has announced tariffs of up to 50% on 407 steel and aluminum derivative products from South Korea.

The department’s Bureau of Industry and Security said this measure would apply to hundreds of products, including wind turbines and their components, mobile cranes, bulldozers, railway vehicles, furniture, compressors and pumps.

Read More»
Categories: Japan, Off-Highway Equipment, Production, South Korea, Tariff
Office: Japan Office

South America Paving Expo 2025 Sets Records

Fabio Ferraresi
SHOW REPORT

São Paulo– This year’s Paving Expo, held Sept. 23–25 at São Paulo’s Distrito Anhembi, marked another record edition for Latin America’s largest event dedicated to paving, road construction, and infrastructure technologies.

With all exhibition space sold out, more than 300 companies showcased their solutions to an audience expected to surpass 20,000 industry professionals, while the technical congress (Paving Conference) attracted some 4,000 delegates.

Read More»
Categories: Construction, Off-Highway Equipment, Production, Show Reports
Office: Brazil Office

Cummins Brazil Introduces QSF 4.5 Engine

Fabio Ferraresi

Cummins Brazil has introduced the QSF 4.5 electronic diesel engine for soil and asphalt compaction applications, produced at its Guarulhos (SP) plant since April 2024 and developed by local engineering teams.

The 4.5-liter engine delivers 97 kW (130 hp @ 2200 rpm) and will power Dynapac’s CA25, CA30, and CA35 compactors starting in 2026, in addition to the CP28 pneumatic roller already using the same platform.

Read More»
Categories: Central/South America, Industrial, Off-Highway Equipment, Production, South America/Brazil
Office: Brazil Office

2025-07-24

2025 NA Crawler Production

Carol Turner

3,000 units is the estimate by Power Systems Research of the number of Crawlers expected to be produced in the U.S. in 2025.

There are two types of Crawlers: a Crawler Excavator and a Crawler Loader.

A Crawler Excavator is a self-propelled crawler mounted on heavy equipment that is designed to dig or move large objects and is classified by its mode of locomotion. The main function of a Crawler Excavator is to dig holes or trenches for construction related activities.

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.

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  

For details, download the complete report above. 

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

Categories: Construction, Datapoint Reports, Industrial, North America, Off-Highway Equipment, Production

2024-09-29

2024 NA Crane Production

Carol Turner

1,500 units is the estimate by Power Systems Research of the number of Cranes expected to be produced in North America in 2024.

Cranes – Oct 2024Download

Pedestal Cranes. This equipment is used on projects that are stationary or where mobility needs are small; they offer the perfect combination of powerful performance, durability and cost effectiveness.

Self-Propelled Cranes This is a mobile crane which is a self-propelled vehicle, one that is designed for lifting objects using a boom with lifting gear. It only carries loads that are necessary for its own propulsion or equipment.

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 Research

Categories: Construction, DataPoint, Datapoint Reports, North America, Off-Highway Equipment, PowerTALK
Office: United States Offices

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