Power Systems Research Sees Strong Commercial Vehicle Demand Continuing

OEM Off-Highway recently interviewed Power Systems’ Chris Fisher for their OEM Industry Update podcast. Here we present it with their permission

This week on OEM Industry Update we speak with Chris Fisher, Senior Commercial Vehicle Analyst, Power Systems Research, about the current state of the North American commercial vehicle market. He says truck demand continues to be strong and is expected to remain so through 2022 and possibly even into 2023. Inventory stocking and solid growth in single family housing are among the factors positively impacting the market. 

Transcript

Welcome to the PSR PowerTALK podcast, produced by Power Systems Research.

00:13 Sarah Jensen:

Welcome to OEM Industry Update; a weekly podcast examining the latest news and technology trends impacting product development teams and the heavy-duty on and off highway equipment Industries. I’m Sarah Jensen, editor of OEM Off Highway and in this week’s episode I’ll be speaking with Chris Fisher, Senior Commercial Vehicle Analyst at Power Systems Research, about the current state of the North American commercial vehicle market. Let’s take a listen now:

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Q1 2021 Truck Production Report

In this episode of PSR PowerTALK, Chris Fisher, senior commercial vehicle analyst at Power Systems Research, talks about the reasons for the 42.5% first quarter 2021 drop in global truck production.

Transcript

Welcome to the PSR PowerTALK podcast, produced by Power Systems Research.

00:06 Joe Delmont:

From Power systems Research I’m Joe Delmont, editor of PSR PowerTALK. Today we’ll discuss global truck production with Chris Fisher, PSR, senior commercial vehicle analyst.

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Hydrogen Fuel Cell Truck News

NORTH AMERICA REPORT
Chris Fisher
Chris Fisher

During the past few years there has been plenty of talk about battery electric power replacing diesel-powered internal combustion engines in commercial trucks.  At some point this might be true for short and regional haul freight carriers, but what about the long-haul heavy truck segment? 

Currently, the lack of a sufficient charging infrastructure, range anxiety and the extreme weights associated with the batteries are significant deterrents to mass adoption of long-haul battery electric trucks.  However, hydrogen fuel cell trucks for long-haul applications appear to be a viable option in this segment.  Even though fuel cell trucks currently have a greater range and lighter weight than battery electric trucks, they have the same problem as electric trucks: a lack of refueling infrastructure.

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Scania Creates Bridge To EU 2030 Emissions Targets

Emiliano Marzoli
Emiliano Marzoli

Scania, a Swedish truck manufacturer, is developing an 18-meter long solar cell-clad trailer that will be able to generate energy from devices along 140m2 of surface area on the sides and roof. 

According to the truck manufacturer, the powered trailer will be able to generate fuel saving between 5% and 10% in northern Europe, and up to double that in sunny regions like Spain.  The tests are also validating the use of the trailers as power stations to feed the main grid, once they have completed charging the batteries and the vehicle is stationary.

Source : Read The Article

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Edge Computing: Microgrids

In part 3 of “Living on the Edge” John Krzesicki examines microgrids with his guest Thomas Bourgeois, Deputy Director of the Pace Energy and Climate Center.

Transcript

Welcome to the PSR PowerTALK podcast produced by Power Systems Research.

00:06 John Krzesicki

Hello, my name is John Krzesicki. Today it’s my pleasure to host the Power Systems “Living on the Edge” series. The show we have conversation with industry experts on their insight into the future of intelligent technology.

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Edge Computing Helps Connect America

John Krzesicki
John Krzesicki

Cities, nationally and globally, are embarking on innovative efforts to harness the benefits of rapidly emerging technologies to improve citizens’ quality of life, increase operational efficiency, and enhance economic vitality and sustainability.

These efforts often involve changing the nature of data storage and transfer, primarily by moving these steps from data storage “clouds” to local data centers closer to the  application.

Since Power Systems Research began tracking global equipment manufacturers in 1976, its analysts have been aware of new technologies and electrification trends such as these which can affect future markets. Today, we’re closely following these changes in data transfer and storage.

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2020 Wheel Loaders/Dozers Production Forecast: 20,200

This is an updated version of an article that initially appeared in the February 2020 issue of PowerTALK News.

This is the estimate by Power Systems Research of the number of Wheel Loaders to be produced in the United States in 2020.

Carol Turner
Carol Turner

This 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.

Market Share: With combined plant totals of 47%, Caterpillar leads in production of Wheel Loaders/Dozers in the United States. In second position is Deere with 22%. Third, is Case New Holland with 8%.

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Q2 2023 Economic Update Is Mostly Positive

GLOBAL REPORT
Guy Youngs
Guy Youngs

SUMMARY. There are several factors that could contribute to modest growth in the second half of this year as we await final numbers for the quarter. This should lead to total production globally growing at +2.6% in 2023 (vs 2022). Given this 2023 growth, the outlook for the years into 2028 remains positive.

Apart from Russia and Ukraine, the main country to show a decline is South Korea, while Japan is barely positive. However, the segment picture shows some differences.

  • Fuel prices have eased recently, but they remain a serious concern.
  • Supply chains remain constrained.
  • The war in Ukraine shows no sign of a speedy conclusion, despite recent successes by Ukraine.
  • Ukrainian exports of wheat, other grains and fertilizer continue but are still low compared to pre-war levels.
  • Inflation continues to be a concern and central banks are raising their interest rates. This will pose a risk to economic growth in all regions. Inflation and price increases are putting OEMs in a tricky situation.
  • Risk of recession appears in several countries including the USA and Germany.
  • Covid is still lingering with global deaths now at over 6.9 million, but the death rate has slowed considerably.
  • Latent demand for machinery keeps bursting out into the open.
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Kubota Plans To Produce Batteries for EV AG Equipment

JAPAN REPORT

Kubota is considering in-house production of batteries for electric agricultural equipment. It is considering developing and designing its own batteries and building a new plant in Japan.

The company intends to launch electric tractors and mowers in Europe and the United States by 2030. Kubota is preparing for increased demand in Europe, the U.S., and other markets by establishing a system for in-house production of batteries, which determine the running time of electric agricultural machinery.

Kubota currently manufactures diesel engines for agricultural machinery, mainly in Thailand and Japan and ships them to the United States and Europe for final assembly. Regarding batteries, which are a key component of electric agricultural machinery, President Kitao said, “As with engines, we would like to be able to produce batteries for Asian markets in Thailand, and those for Japan, Europe, and the United States in Japan.”

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