PowerTracker™ Report: Gen-Set Sales Rebound in Q3 2020

Joe Zirnhelt
Joe Zirnhelt

SUMMARY: Our PowerTrackerTM dealer and distributor survey of 200 respondents reported that gen-set sales recovered some momentum in Q3 2020 up 11.9% from Q2 2020 levels.  This increase follows a slow start to the year in Q1 2020 where overall dealer reported sales were down 9.8% from Q4 2019 levels and Q2 2020 where we observed a quarterly increase of 4.5% over the low Q1 2020 levels.

The only part of the market that seemingly did not recover in Q3 2020 was the diesel <20 kW with -8.3% for <10 kW and -3.6% for 10-20 kW.  The remainder of diesel (>20 kW) had single digit quarterly increases across the power ranges.  The gaseous fueled gen-sets had the most significant rebound this quarter with all power ranges up to 500 kW with a greater than 10% quarterly change – helping to offset the weak first half of 2020 as concerns and shutdowns ensued over COVID-19.

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Gen-Set Sales Plateau as Supply Chain Catches Up in Q1 2021

Joe Zirnhelt
Joe Zirnhelt

SUMMARY: Our PowerTrackerTM dealer and distributor survey of 200 respondents reported that overall gen-set sales declined in Q1 2021 down 7.4% from Q4 2020 levels.  This decrease follows three consecutive quarters in 2020 where dealers reported overall sales increases of 4.5% in Q2 2020 followed by 11.9% in Q3 2020 and 6.3% in Q4 2020.

Although sales were down 7.4% in the first quarter, the results were unique in that there was a different story depending on the fuel and power range being considered.

The data comes from the proprietary PowerTrackerTM series of syndicated surveys conducted each quarter by Power Systems Research. A total of 300 interviews are completed each quarter with gen-set dealers and distributors and businesses across North America.

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Enhancements Made in MHV Segment Data

Joe Zirnhelt
Joe Zirnhelt

As we move through the 2021 year, we at Power Systems Research are working to include enhancements within the data for our Medium and Heavy Vehicles segment that is available in OE Link™, CV Link™ and PartsLink™.

We have added several new fields to increase the value of the data to users as they analyze and further segment the markets.  These enhancements, now available as of March 31, 2021,  include:

OEM Assembly Information for Knockdown (Kit) Production. New fields including OEM Assembly Type (Kit vs. Full),  OEM Assembly Plant and OEM Assembly Country which will help in the analysis of OEMs involved in knockdown production (i.e. Kit) where initial production of the engine and chassis are different from the final OEM Country.

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NA Gen-Set Sales Climb in Q4 2020

Joe Zirnhelt
Joe Zirnhelt

SUMMARY: Our PowerTrackerTM dealer and distributor survey of 200 respondents reported that overall gen-set sales continued a positive trend in Q4 2020 up 6.3% from Q3 2020 levels.  Sales gains could have been even higher because dealers ran out of inventory. This increase follows a slow start to the year in Q1 2020 where overall dealer reported sales were down 9.8% from Q4 2019 levels followed by successive increases of 4.5% in Q2 2020 and 11.9% in Q3 2020.

Although sales were up 6.3% for the fourth quarter, the results were unique in that there was a different story depending on the fuel and power range being considered.  The quarterly sales increase was anchored by abnormally high increases for gaseous fueled units in the 10-50 kW range and moderate to large decreases in the other power ranges of gaseous fuels as well as diesel fueled sets.

The data comes from the proprietary PowerTrackerTM series of syndicated surveys conducted each quarter by Power Systems Research. A total of 500 interviews are completed each quarter with gen-set dealers and distributors and businesses across North America.

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PowerTracker Summary Q3 2021: Gen-Set Sales Growth Constrained by Supply Chain Delays

Joe Zirnhelt
Joe Zirnhelt

SUMMARY: Our PowerTrackerTM survey of dealers and distributors reported that overall gen-set sales increased in Q3 2021 up 4.3% from Q2 2021 levels.  This builds on a sales increase of 6.8% in Q2 2021 and a slower start to the year of -7.4% in Q1 2021 as sales were constrained by availability and supply issues. 

This quarter’s results were based on interviews with 110 gen-set dealer and distributor respondents based in North America. The overarching theme in the third quarter was a continuation of sales growth being constrained by the availability and supply of gen-sets.  Longer lead times for dealers to receive shipments is limiting their sales – even though demand from end users remains at high levels. 

The data comes from the proprietary PowerTrackerTM series of syndicated surveys conducted each quarter by Power Systems Research. Each quarter we interview gen-set dealers and distributors and other businesses across North America to maintain a pulse on the sales channels as well as monitor the ongoing needs and plans for businesses to purchase standby gen-sets to support their business operations.

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PowerTALK May 2019

New Initiatives Announced at Power Systems Research

New initiatives at Power Systems Research (PSR) are spelled out by Joe Zirnhelt, PSR president and CEO, in the May issue of the company’s monthly PowerTALK report.

Here are more TOP STORIES in PowerTALK, May 2019:

  • NA Crane Production Slows
  • No Slowdown in NA Economy
  • Y-O-Y Global Truck Production Is Flat
  • Brazil Agshow Sales Up 6.4%
  • China Expands NS6 Emission Regulation
  • JCB Lands Record Order
  • Honda Readies EV
  • SoCar, Tesla Collaborate
  • Malaysia Backs National Car Brand
  • India Halts e-Bike Sales
  • India Tractor Sales Drop
  • Russia To Support GAZ Group
  • Belaz Tests Driverless Truck
  • Hino Truck Builds Plant in Moscow
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PowerTALK April 2019

Zirnhelt Named President and CEO at Power Systems Research

Significant activities at Power Systems Research (PSR) lead the news report in the April issue of the PowerTALK report.

First, Joe Zirnhelt has been named President and Chief Executive Officer of the company, effective immediately. He had been serving as Chief Operating Officer. Zirnhelt replaces Dennis Huibregtse as CEO.

Top Stories in April 2019 PowerTALK

  • Data Point: Ag Tractors
  • PSR Management Transition
  • PSR-IHS Markit Form Partnership
  • Global Economic Report
  • Ford Brazilian Operations
  • Brazilian M/C Sales Climb
  • Brazilian Ag Credit Limits
  • China Rolls Out Fuel Cell Bus
  • Electrification Hot at Bauma 2019
  • Toyota Pushes Electrification
  • Hyundai Invests US$39 Billion
  • Ride Share Via Expands
  • India Honda Cuts M/C Production
  • VW To Double Russian Production
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STA Uses 3D Printers To Produce Face Shields for Health Care Workers

MENDOTA HEIGHTS, MN–Students at St. Thomas Academy High School in suburban Minneapolis, Minnesota, are using 3D printers in their Innovation Center to produce face shields for first responders and medical personnel who are battling the coronavirus.

The school has garnered some national exposure for the manufacturing work it has done with its 3D printers, including time on an ABC News broadcast and a nice article in the St. Paul (Minnesota) Pioneer Press newspaper.

Power Systems Research is a co-founder of the Innovation Center that’s part of the company’s effort to support STEM (Science, Technology, Engineering and Math) programs at local high schools.

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