Deutz AG signed an agreement Jan. 19, 2024, to sell its shares in Torqeedo to Yamaha Motor Co Ltd. The sale of Torqeedo’s shares were planned and announced at the Deutz Annual General Meeting held in April 2023.
Torqeedo is a market leader in developing and manufacturing advanced marine electric engines and propulsion systems.
The electric hydro foiling propulsion system is a fast-growing technology taking an important place in the future of the maritime industry. The revolutionary concept provides cost-effectiveness, zero-emissions, zero-noise and excellent performance values (very fast) in different types of boats for pleasure and commercial use.
Tne technology is innovative and is, for most vessels, based on a specific aerodynamic design of a boat, retractable foils, electric motors, and batteries. Hydro foiling and electric systems work together to cut through waves causing less drag and resulting in higher speed.
The use of energy is much less than for any other vessel with a traditional propulsion system. E-foiling boats give an impression of flying over water silently with no CO2 emission or any other air or water pollution. The experience is comfortable, safe, clean and speedy.
Lawn and garden equipment manufacturers make powered lawn and garden equipment, primarily for household and business maintenance of lawns and gardens. Equipment manufactured by this industry includes lawn tractors, riding and standing mowers, hedge trimmers, leaf blowers, woodchippers and other machinery for maintaining lawns and gardens.
Industry Trends. Increased per household spending on lawn care and gardening services by the American family, younger individuals purchasing residential property, easing of COVID-19 restrictions and other factors like lawns adding to the aesthetic appeal of the residential property, is anticipated to bolster the DIY and commercial lawn care market.
The Heavy Duty Trailers market has started the year 2024 with a record-breaking January, boasting 7,075 registrations of trailers and semi-trailers. This achievement reflects an impressive 8% surge compared to January 2023.
The exceptional performance of road implements at the outset of the year is predominantly attributed to the agribusiness sector.
PSR Analysis. Notably, the initial months of the year coincide with critical harvest periods for key agribusiness commodities such as soybeans, corn, and sugarcane. Consequently, categories experiencing the most substantial growth in year-on-year comparisons include sugarcane farmers, with an increase of nearly 470%, and bulk carriers, which witnessed a notable uptick of 53%. Optimism pervades the road equipment segment for all of 2024, propelled by favorable forecasts for the industry’s trajectory.PSR
Fabio Ferraresi is Director Business Development South Americafor Power Systems Research
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 Operationsat Power Systems Researech
Regulations on EVs and developments in hydrogen power cells and battery technology are highlighted in articles in the March issue of Alternative Power Report produced by Power Systems Research. Read about Germany dropping subsidies for some electric trucks and buses and about the EU considering tariffs on Chinese EVs. PSR
As battery technology increases, the opportunities for battery-powered equipment continue to grow, especially in the Lawn & Garden and recreational products segments. The factors of reduced weight, increased charging capacity and lower cost are making battery-powered equipment more attractive to consumers and commercial users in these segments.
Lawn & Garden. The capacity of lithium-ion battery technology to meet the horsepower needs of the homeowner and the commercial landscaper has grown significantly in the last couple of years. Battery-powered lawn and garden equipment can now match the power of traditional gas-powered lawn and garden equipment. Some brands now have available 56V which is more than double what was the standard power available. Batteries now charge quicker, last longer, and can hold a charge indefinitely.
Rolls Royce Power Systems Business Unit, based in Friedrichshafen, Germany, reported sales of EUR 4.56 billion in fiscal 2023, a 16% increase over 2022. Operating profit hit 10.2%, up from 8.4% in 2022.
The operating profit increase is due to the investments in transformation and process optimization, implementation of a new commercial policy, better cost, and stock management.
Strong demand for standby power generation especially for data centers, implementation of the “From bridge to the propeller” strategy for large yachts, and development of an energy storage systems in Europe integrating renewable energies into the Duch public grid have contributed significantly to the revenue growth.
The April 2024 Alternative Power Report by Power Systems Research features several articles on batteries including one on sodium ion batteries as an alternative to Lithium Ion batteries, and another on the dropping cost of EV batteries. Hydrogen power sources show increasing promise, and there is an article on Chinese manufacturer CATL launching a battery pack with Yutong Bus Co to power commercial vehicles such as buses and trucks that has a 15-year warranty. PSR
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