Search Results for: psr-sponsored-electric-car-wins-again-shell-eco-marathon

2023-07-26

Ammonia-Powered Fuel Cell Developed for Deep Sea Shipping

ShipFC is the project financed by the Union European program Horizon 2020 and Hydrogen Europe aiming to prove that fuel cells powered by green ammonia can meet the strict IMO standards of zero-emission Deep Sea shipping.

Currently, a 100% zero-emission solution is not available in this segment. Batteries do not last longue enough with a size that can fit a ship onboard, and Hydrogen technology has some other challenging issues to resolve. Alternative fuel solutions are promising but still need to be tested, confirmed, and approved by DNA.

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2023-07-27

Alternative Propulsion MHVs Down 55% YTD in Brazil

Unlike what happened with automobiles, in which new propulsion technologies registered an increase of almost 60% in the first half of 2023, heavy vehicles powered by electricity or gas dropped 55.5% in this period.

From the 604 units licensed in H1 2022, the volume fell to 269 from January to June this year. The survey was released by the National Association of Motor Vehicle Manufacturers (Anfavea).

Source: Automotive Business    Read The Article

PSR Analysis. Although OEMs say the drop is in line with the overall market reduction, the ICE market does not account for the significant decrease in sales. Sales from January to June 2023 are only 1% below 2022 in the same period. The small volumes and the size of orders can explain the oscillation with orders postponed from Q1 2023 and Q2 2023 with expectations for incentives and better credit in the second half of 2023.

Fabio Ferraresi is Director Business Development-South America for Power Systems Research

2023-11-16

Construction Equipment Set for Substantial Growth

INDIA REPORT
Aditya Kondejkar

The construction equipment industry anticipates a robust 5-year outlook with a projected 15% year-on-year growth. This optimistic forecast is anchored in the momentum generated by ongoing construction projects and increased infrastructure spending. The government’s substantial allocation of $130.57 billion (Rs 10 lakh crore) underscores its commitment to fortifying this sector.

Moreover, the recognition of the scale and technological prospects within the construction landscape further emphasizes the strategic importance of advancements in this domain.

Source: Times of India:   Read The Article

The construction equipment (CE) sector has undergone significant transformation over the past 2-3 years, marked by major players reaching peak manufacturing capacities and subsequently embarking on expansive growth initiatives.

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2023-12-04

2024 Combine Production: 7,100 Units

7100 units is the estimate by Power Systems Research of the number of Combines to be produced in North America (United States) in 2023. Final 2023 production numbers will be available later in Q1 2024.

A combine is a farm machine that harvests grain crops. Combines can reap, thresh and winnow crops into a single process. Crops include wheat, oats, rye, barley, corn, etc. Combines overall boost crop output and farm income. 

Market Share:  With 61.5% of total units produced, Deere captured the lead for combine production in North America (US).  In second position was Case with 25%; third, was Claas Omaha with 9%.

Trends: In 2022, production of Combines in North America increased nearly 12.5%, climbing from 6,372 units in 2021 to 7,162 units in 2022. Production is expected to remain flat in 2023 with a nominal decrease of less than 1%.  The Combine market steadily rose this past year and farmers are upgrading to new machines. PSR

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

2024-03-05

2024 Trencher Production: 4,800 Units

4,800 units is the estimate by Power Systems Research of the number of Trenchers expected to be produced in North America in 2024.

Trenchers, typically wheeled or chain, are used in a variety of applications; these machines are quite diversified for various markets having a wide range of clients. Trenchers are more precise at digging as opposed to excavators that are popular machinery for construction needs. 

This product 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. PSR

Carol Turner is Senior Analyst, Global Operations at Power Systems Researech