Search Results for: psr-sponsored-vehicle-takes-first-place-national-competition

2022-09-29

Battery Electric Power Forecasts

Guy Youngs
Guy Youngs

With the exception of 2022 (+7.6%), Battery Electric as a power source is expected to grow between 10% and 17% throughout the forecast period, while ICE growth rates start the period at -2.3% and then grow at less than 1% for 2023 to 2025.

Battery Electric is expected to grow from 12.8% of the market in 2022 to 21.2% by 2027, while during the same period ICEs are expected to decline from 85% of the market to 75%.   PSR

Guy Youngs is Forecast & Adoption Lead Analyst at Power Systems Research

2022-10-21

DataPoint: North America Skid Steer Loaders, 2022 Production, 92,700 Units

A Skid Steer Loader, also known as a skid loader, skid-steer loader, or skid steer, is a small rigid frame, engine-powered machine with lift arms used to attach a wide variety of labor-saving tools or attachments.

The four major types of skid steer loaders are Agricultural, 29%; Rental Fleets,  22%; Construction, 20%, and Landscape, 12%.

92,700 units is the estimate by Power Systems Research of the number of Skid Steer Loaders to be produced in North America (United States and Canada) in 2022.

Read More»

Scania, VW and Volvo Show Euro VI Lineup

Three OEMs have announced new fuel efficient products.

Scania has announced an 8% fuel consumption improvement with Super 13 liters engines and promises 50% maintenance stops reduction. Volvo has announced a new Euro VI line with Volvo Engine produced in Brazil, replacing MWM on the VM platform. VW fuel consumption improvement is in the 5% range and the company reports 4,000 units Euro VI sold in 2022 already.

Read More»

2022-12-05

FENATRAN 2022

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

2022-12-14

U.S. Powersports Industry Grows in 2021

Michael Aistrup
Michael Aistrup

The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) has released economic data for 2021 showing the outdoor recreation industry’s impact on the U.S. economy. Key highlights from the 2021 data on the U.S. outdoor recreation economy include: 1. $862 billion in economic output; 2. 1.9% of GDP, and 3. 4.5 million jobs.

Trips and travel have come back, record sales in many outdoor segments, manufacturing increasing, as well as the drive to continue to recreate for quality of life has allowed the outdoor industry to bounce back from the effects of COVID-19.

“The continued strength of the outdoor economy is no surprise to the marine industry, where we continue to see incredible growth with new and younger customers taking to our brands each year,” said Chris Drees, President of Mercury Marine, the world’s leading manufacturer of recreational marine propulsion engines.

Read More»

DATAPOINT: North America Terminal Tractors

Estimated 2022 Production: 3,800 Units

3,800 units is the estimate by Power Systems Research of the number of Terminal Tractors to be produced in North America (United States) in 2023.

Terminal Tractors are specialized heavy duty vehicles designed to move loads at container ports and container terminals. Generally, they are slow moving (under 30km/h) and employ a high torque diesel engine and 4×4 wheel drive which enables them to move very heavy trailer loads, sometimes up to 200 or 300 tons

Read More»

2022-12-16

DATAPOINT: North America Terminal Tractors

Terminal Tractors – Dec 2022Download
Estimated 2022 Production: 3,800 Units

3,800 units is the estimate by Power Systems Research of the number of Terminal Tractors to be produced in North America (United States) in 2022. Terminal Tractors are specialized heavy duty vehicles designed to move loads at container ports and container terminals. Generally, they are slow moving (under 30km/h) and employ a high torque diesel engine and 4×4 wheel drive which enables them to move very heavy trailer loads, sometimes up to 200 or 300 tons. PSR

2023-01-22

Cost Increases Cause Losses at HanseYacht Group

EUROPEAN REPORT 
Natasa Mulahalilovic
Natasa Mulahalilovic

Cost increases in several areas caused HanseYachts AG to report a loss of EUR 20.72 million (US$25 million) for the fiscal year 2021/2022 ended June 30, 2022. However, because of the great demand during the pandemic for sailing boats and fully complete order books, production increased from 446 to 568 boats, compared to the previous year.

Revenues totaled EUR 132,38 million, an increase of 22.8% compared to the previous fiscal year. But, at the same time, costs of materials increased 40.7%, personal expenses climbed 22% and other operating costs increased 58%. All this led to a net loss higher by 130.5% compared to the previous fiscal year.

The recent Covid-19 shutdown and worker absenteeism heavily impacted the finances of the group for fiscal year 2021/2022.

HanseYacht Group said it will not exhibit this year at BOOT, the biggest indoor pleasure boat trade show held in Dusseldorf, Germany.

Read More»

2023-02-20

Global Motorcycle Market Grows at 5.48% Rate

GLOBAL REPORT
Michael Aistrup
Michael Aistrup

The global motorcycle market is growing at a healthy CAGR of 5.48%, according to Power Systems Research. Revenue for 2021 was approximately $107.1 Billion and projected to be $146.6 Billion by 2030.

Growth during this period is primarily due to increasing demand from China, India, and ASEAN countries. In addition, growth in traditional markets such as Europe and North America is also anticipated.

The growth of drivers for the Motorcycle industry come from the requirement for cost-effective private transportation among people around the world.

Read More»

2023-03-26

Electric Boat Market Forecast To Grow by 12%

Michael Aistrup
Michael Aistrup

Gas-powered engines have been the backbone of boating since the advent of the internal combustion engine, but electric-powered boats could soon be claiming a significant share of the market.

Most of the fuel used in transportation is petroleum-based, but initiatives by many governments to reduce carbon emissions and to encourage consumers to adopt eco-friendly boats and ships is expected to boost growth of the electric boat market. The electric boat industry is still in early stages of development and there is a potential for growth.

Electric boats are defined as marine vessels with electric drive as propulsion. Electric boats can be only electric, hydrogen fuel cell electric, or hybrid electric.

Read More»