News

  • 2023 Global PWC Market Estimated at US$2.5 Billion

    The Personal Watercraft/Jet-ski Market size was valued at USD 2.544 billion in 2023, according to Power Systems Research, and is estimated to register a CAGR of 5.44% between 2024 and 2032.

    Market Trends. Manufacturers are investing in developing PWCs made of environmentally friendly materials and e-powered personal watercraft that are cleaner and more efficient.

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  • NY Trucking Group Pushes for Delay of Emissions Rule

    Chris Fisher

    The Trucking Association of New York (TANY), along with Assemblywoman Donna Lupardo and other state transportation stakeholders, called on legislators to reconsider implementation of California Air Resources Board (CARB) Advanced Clean Truck (ACT) regulations set to take effect in the state just more than two months from now. 

    TANY President Kendra Hems called for an “immediate delay.”  New York joins Oregon in attempting to flex rules that were supposed to launch in January requiring a percentage of new trucks sold in their states to be zero-emission vehicles.

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  • PowerTALK™, November 2024

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    A show report on the giant Fentran international cargo transportation event in Sao Paulo is featured in the November issue of PowerTALK News. The issue also includes alternate power news and information on the global PWC market as well as information on EV joint venture plans of Bosch and Jiangling. Read these articles and more in PowerTALK News.

    IN THIS ISSUE

    ALTERNATIVE POWER REPORT

    • EV Battery Costs Will Drop To Key Level in 2026
    • Trump Won–What Now for U.S. Clean Energy?
    • Costs of Solid-State Batteries Expected To Drop as Pilot Production Begins
    • Nevada Gets World’s First Lithium-Sulfer Battery Gigafactory

    GLOBAL REPORT:

    • Trucking Group Pushes for Delay of Emissions Mandate
    • 2023 PWC Market Estimated at US$ 2.5 Billion

    DATAPOINT: 2024 NA Combine Production

    SHOW REPORT: Fentran International Road Cargo Transportation show

    JAPAN: Greenhouse Gasses from Mining Equipment Are Targeted
    Southeast ASIA: What Is the Asia Zero-Emission Community?
    CHINA: Bosch and Jiangling Plan Joint EV Venture
    INDIA: Ashok Leyland Expects Strong Export Performance

  • MOVIMAT 2024 Highlights Electric Products

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    SHOW REPORT 

    For more information on the OEM products market, visit OE Link, the Power Systems Research proprietary OEM products database.

    The 35th MOVIMAT show brings together the entire integrated logistics chain for Latin America. Held in conjunction with the 2024 Fenatran International Road Cargo Transport Show in São Paulo, Brazil, the event attracted a diverse range of exhibitors, including buyers from industries such as distribution, wholesale, retail, and e-commerce, as well as the latest integrated solutions focused on Industry 4.0.

    Over the five days of the fair, MOVIMAT provided an opportunity to explore new product launches, establish connections, and gain deeper insights into the forklift segment, particularly in terms of production and sales levels.

    Notably, there was significant attention on the rapid growth of Lithium-Ion battery technology in the region. The South America Power Systems Research (PSR) team attended the event to learn more about these developments and the companies that are making them happen. PSR

    Heitor Greco Aguiari is Analyst – Industrial and Off Highway at Power Systems Research

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