News

  • Report from Cannes Yachting Festival 2022

    EUROPE REPORT
    Natasa Mulahalilovic
    Natasa Mulahalilovic

    The Cannes Yachting Festival is one of the largest in-water shows in the world, and this year it celebrated its 45th birthday. Founded in 1977, the show normally takes place every September. However, it missed out in 2020 because of Covid-19 restrictions, but it was back in 2021, posting the best performance results ever.

    This year, the show was held Sept 6-11, and featured a fleet of about 700 boats, ranging in length from 3 to 50 meters. It included motor and sailing vessels, monohulls and multihulls, inboards, sterndrives and outboards, diesel, petrol, waterjet, hybrid and electric, tenders, RIBs and others displayed in the two main city ports of Le Vieux Port and Port Pierre Canto. This year, more than 56,000 visitors attended the show.

    The new Polish Sunreef 80 Eco was the star of the festival. The all-electric, fully autonomous luxury catamaran of 23.87 m in length, 164 m2 covered with solar panels, is a unique boat in the industry. This luxury catamaran is equipped with ultra-light batteries with a density of 5.2 kg/kWh. The innovative system is entirely created and produced by the company itself offering the best efficiency in the marine world.

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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.

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

    4,100 units is the estimate by Power Systems Research of the number of Crawlers to be produced in North America (United States and Mexico) in 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 30% worldwide

    Market Share:  With combined plant totals of 52%, Cat leads in production of Crawlers in North America. In second place is Deere with 30.5%, and third is Case, with 11%.

    Trends: In 2021, production of Crawlers in North America (US) decreased 4.8%. However, production is expected to gain near 3% in 2022, compared to 2021.  The carryover decline into 2021 was mostly due to COVID-19 related factors such as plant shutdowns, parts availability and lack of workforce.

    The market significantly dropped during the Spring of 2021, caused by low oil prices and a lull in mining and construction projects. 

    A few years ago, construction spending in the United States was above normal yearly levels, according to a new analysis of federal data released by the Associated General Contractors of America.  Construction and mining activities increased resulting in a substantial gain for 2018.

    Recent decreases in production are attributed to several trends: public sector construction activity continues to decline while private sector demand for new construction continues to strengthen.

    Even though sales dropped considerably in 2020 and 2021, production is expected to gain up to 15% by 2025, primarily influenced by the outlook for construction, driven by infrastructure spending, and mining related activities.     PSR

    Carol Turner Is Senior Analyst, Global Operations, at Power Systems Research

  • Outdoor Power Equipment To Grow 5.3%

    Michael Aistrup

    Power Systems Research (PSR) projects the global outdoor power equipment market to grow from $34.01 billion in 2021 to $48.91 billion by 2028, a CAGR of 5.34% over the forecast period. The outdoor power equipment market includes consumer and commercial lawn mowers, chain saws, leaf blowers, and other motorized equipment used in the upkeep of lawn and gardens.

    Global trends.North America is expected to dominate the market because of the growth of commercial and residential lawns and parks. The market in North America stood at $13.7 billion in 2021 and is expected to gain a huge portion of the global market share.

    In Europe, continued automation in the lawn mower segment will increase demand for automated residential lawn mowers.

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  • Navistar Introduces S13 Engine Platform

    Chris Fisher
    Chris Fisher

    Navistar says it plans to introduce the Navistar 12.7 liter S13 engine platform in the fourth quarter of 2023.  The S13 engine is based upon the Scania DC13 engine and will supersede the current 12.4 liter A26 engine platform starting next year.  The initial engine installations will be standard on the LT and RH truck platforms and will be introduced to the HV and HX platforms in 2024.  The order books are expected to open in October.

    The S13 engine will be paired with the…

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  • PowerTALK™, September 2022

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    South Korea is looking at its first trade deficit with China in 28 years, according to a report in the September issue of PowerTALK News, the monthly report of news and analysis from Power Systems Research. Also in this issue is a report from Guy Youngs on Alternative Power sources, as well as reports from two important industry shows: The Cannes Yachting Festival in France and the M&T Expo in Sao Paulo, Brazil.

    IN THIS ISSUE
    • Alternative Power
      • Electric Battery Power Forecasts
      • Can EV Enthusiasm Trigger Global Growth?
      • Lithium Spot Prices Climb Nearly 900% Since January 2020
      • Cummins Jumps On New Energy Storage Iron Salt Formula
      • EV Shipping Set To Blow IC Engines Out of the Water
    • North America:
      • Navistar Introduces S13 Engine Platform
      • Outdoor Power Equipment Forecast To Grow 5.3%
    • DataPoint: NA Crawlers
    • Europe: Report from Cannes Yachting Festival 2022
    • Brazil/South America: Special Report: M&T Expo
    • China: Drought Forces Sichuan Power Cuts at Factories
    • Japan: Vinfast To Export Initial 5,000 EVs To Europe and the U.S.
    • Japan: Honda To Discontinue Two-Wheel Gasoline Vehicles
    • South Korea: South Korea Sees First Trade Deficit with China in 28 Years
    • India: Festive Demand Expected To Boost Auto Industry

  • DATAPOINT: North America Crawlers

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    OEMs in North America are expected to produce 4,100 crawlers this year, according to forecasts by Power Systems Research global analyst Carol Turner. PSR

  • Alternative Power Report, August 2022

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    Guy Youngs
    Guy Youngs

    Forecast and Technology Adoption Lead

    PSR’s Guy Youngs shares his insight in the first edition of our Alternative Power Report.

  • 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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  • Hino Motors’ Engine Fraud Covers 560,000 vehicles

    FAR EAST: JAPAN REPORT
    Akihiro Komuro
    Akihiro Komuro

    Hino Motors has announced that the falsification of diesel engine emission values, which was previously announced in March, had been taking place since at least 2003 or earlier. The company had previously stated that the fraud began in the fall of 2016. In 2016, the company also revealed that it had falsely reported to the MLIT (Ministry of Land, Infrastructure, Transport, and Tourism) in response to its request for a fact-finding survey on exhaust gas and fuel efficiency tests.

    Source: The Nikkei

    PSR Analysis: Although I do not wish to make such negativity a theme, I cannot overlook this issue. The impact on the industry of the fraud at Hino, which has the top share of the medium- and heavy-duty truck sector in Japan, is significant. Isuzu has suspended shipments of four bus models that use Hino engines. Not limited to the automotive field, Tadano cranes, Kobelco hydraulic excavators, Hitachi Construction Machinery wheel loaders, and Kato rough terrain cranes have also been forced to suspend shipments after the problem came to light.

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  • CV Industry Is Moving in Top Gear

    INDIA REPORT 
    Aditya Kondejkar

    The commercial industry will grow with trucks and buses expected to do well. Truck sales will improve as many industries require more units as they are running at full capacity

    The Indian economy managed to revive itself during the first and second COVID waves and quickly achieved a V-shaped recovery.

    This year, GST is reaching high levels. GST collection has witnessed a growth of 26% YoY – YTD CY22. Furthermore, the generation of e-way bills is increasing rapidly. The generation of e-way bills is directly proportional to truck utilization and drives vehicle demand.

    Read More »

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