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DATAPOINT: NA Crawlers, 2022 Production: 4,100 Units
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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Hyundai Doosan Infracore Plans Hydrogen Engine
FAR EAST: SOUTH KOREA REPORT
Hyundai Doosan Infracore announced that it has been selected as the lead company for the national project “Development of Hydrogen Engine System and Storage and Supply System for Construction Machinery and Commercial Vehicles” by the Industrial Technology Evaluation and Management Agency.
Through this project, the company plans to develop a 300kW, 11-liter class hydrogen engine and hydrogen tank system with zero carbon emissions, which will be installed in commercial vehicles…
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Komatsu Announces Expansion in Brazil
BRAZIL/SOUTH AMERICA REPORT
Fabio Ferraresi Komatsu announced planned investment of US$ 30 million (R$ 158 M) for a second cycle of production capacity expansion of its Suzano Plant in Brazil. According to Komatsu, production capacity will be increased 26%. Komatsu has invested US$ 20 million (R$ 100 M) during the last three years for 32% capacity expansion and improvements in safety and environmental impact.
Source: M&T Magazine Read The Article
PSR Analysis:…
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Caterpillar Plans To Stop Production in Russia
RUSSIA REPORT
March 10, 2022—The American company Caterpillar, specializing in construction and mining machines, has suspended work at its plants in Russia because of the situation in Ukraine. Caterpillar said it is donating more than US$ 1 million to the victims of the crisis.
“We are deeply saddened by the tragic events continuing to occur in Ukraine and hope for a peaceful resolution to the crisis. Through the Caterpillar Foundation, we are donating more than $1 million to support both urgent and…
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DATAPOINT: North America Dumpers/Tenders, 2022 Production, 1620 Units
1,620 units is the estimate by Power Systems Research of the number of Dumpers/Tenders to be produced in North America 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.
Market Share: With 62.5% of total units produced, Country Home Products leads in production of Dumpers/Tenders in North America. In second position is Allen Engineering with 19.5%; third, is Indy Equipment with 10.5%.
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Doosan Bobcat Aims at NA Market with Fully Electric T7X
SOUTH KOREA REPORT
Doosan Bobcat unveiled the world’s first fully electric construction equipment to the global market through CES 2022, the world’s largest technology exhibition.
Doosan Bobcat held a media day event at the Mandalay Bay Convention Center in Las Vegas to introduce the T7X, which won two CES 2022 Innovation Awards.
The T7X is the world’s first fully electric construction equipment that eliminates all hydraulic components. It is comparable in performance to existing internal combustion engine equipment and emits no harmful substances. Noise has been greatly reduced to one-tenth the level, and energy efficiency has been maximized.
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Low Interest Funding Set for Low Emission Off-Highway Machines
SOUTH AMERICA REPORT
Fabio Ferraresi The program called Low Carbon FINAME is dedicated to the acquisition of new machines that contribute to carbon emission reduction, with a focus on EV Buses, EV Trucks and Off-Highway Machines electric and Hybrid. OEMs have to register their products before December 2024 to access lower interest rates.
Source: M&T Read The Article
PSR Analysis: The incentives for funding are an important driver to make an EV competitive when compared…
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Kohler Engines Introduces Small Diesel
EUROPE REPORT
PowerTALK, January 2022
Kohler Engines has introduced a new series of small diesel engines: the KSD. At launch three models will be available:
- KSD 1403NA (Naturally aspirated)
- KSD 1403TC (Turbocharged)
- KSD 1403TCA (Turbocharged with aftercooler)
Later on, more variants will be released, completing further the series. Developed as a new electronic engine, this platform is capable of meeting all current emissions legislations, globally. All engines sit in the critical below 19 kW power node, and with 1.4L is a compact solution that can fit different applications.
One key aspect of the engine is the specific blend between indirect injection and electronic control. According to Kohler, this enables maximum engine performance, response and very low-end torque.
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North American Rollers 2021 Production: 6,245 Units
DATAPOINT
6,245 units is the estimate by Power Systems Research of the number of rollers to be produced in North America (U.S., Canada and Mexico) during 2021.
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.
Market Share: With 48.5% of total units produced, U.S. based Wacker Neuson leads in production of Rollers…
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Global: Recovery Is Strong, but Uneven
GLOBAL REPORT
Yosyf Sheremeta SUMMARY. The global economy performed very well in 2021 and continues to recover, along with trade, employment and incomes. But the revival is unbalanced, with regions/countries, businesses and people facing very different economic realities. Recent improvements also conceal structural changes, which means that some sectors, jobs, and technologies will not return to their pre-pandemic trends. Based on the most recent economic developments and trends, Power Systems Research remains somewhat optimistic about the global recovery.
Many of us hoped to be in the post-Covid phase by now, but it is evident that there is no quick way out. The pandemic has had a profound impact on the world economy, and it will continue to challenge established norms of life and business into the foreseeable future. As we start the new year, many challenges remain, new and old alike: re-surgency of COVID variants, restrictions on travel, supply chain challenges, shortages of materials/goods, inflation, and employment, as well as renewed geopolitical tensions across many parts of the globe.
Power Systems Research witnessed a strong economic recovery globally in 2021, despite regional differences. Output in most OECD countries has now either surpassed or is about to reach pre-pandemic levels, but lower-income economies, particularly those where vaccination rates are low, are at risk of being left behind. Furthermore, the rebound will continue to vary widely among different market segments.
Global inflation re-surfaced in 2021 and presents a real risk to economic recovery in all regions. The renewed inflationary pressure risks lasting longer than was expected a few months ago. The surge in retail and wholesale energy costs in late 2021 will undermine economic growth prospects for large parts of Europe and Northeast Asia well into 2022. Rising food and energy prices already have impact on low-income households in particular.
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