As part of our ongoing effort to collect industry intelligence and information on new products, analysts from Power Systems Research regularly attend major trade shows around the world. We share our findings with you in these Show Reports.
Our Power Systems Research South America Team visited the Agrishow 2023, in Ribeirão Preto-SP, Brazil, visiting customers and checking the new launches and market expectations. It’s the world’s largest show on Agricultural Equipment
The general expectations of exhibitors we talked with were not positive. Exhibitors carefully spoke about some factors influencing the market, such as lower commodities prices and the new government often speaking against Agribusiness that does not promote positive investment decisions.
On the other hand, the projections of business during the show surpass US$ 2,6 Billion (R$ 13,2 Billion), that is 18% nominal growth over 2022 business and actual growth of 9.5% discounting inflation. The expectation is for a recovery in commodities prices in 2H 2023. The government is also announcing more credit for this segment and OEMs are offering their own credit lines.
More than 2,000 exhibitors displayed new products to nearly 140,000 attendees at the CONEXPO 2023 event in Las Vegas March 14-18. Analysts from Power Systems Research walked the grounds looking at new equipment and talking with exhibitors and attendees. Read their report here. PSR
The 23rd edition of FENATRAN, the International Road Cargo Transport Trade Show, brought together more than 500 brands in the exhibition pavilion of São Paulo Expo, Nov. 7-11, and generated total revenue of about USD 2 billion, more than USD 200 million than the last edition of FENATRAN, held in 2019. Power Systems Research representatives were at the show. Read there reports. PSR
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 f sustainable technologies.
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