Search Results for: ctt-2016-moscow-report-russian-market-passes-bottom

2020-06-15

COVID19 Special Report – Brazil Market Update

Power Systems Research published in the June 13  issue of Automotive Business magazine a high level update on perspectives of MHV and Off-Highway segments. See the article at the link below and translated presentation.

Carlos Briganti
Carlos Briganti

Source: PSR at Automotive Business     Read The Article

PSR Analysis: Although ANFAVEA published a decreased forecast, we believe that the decrease will be lower than the Light Vehicles decrease. Metrics we follow, such as Diesel consumption and the number of Vehicles going through tolls by weight category, show a lower impact in Commercial Vehicles. Other factors: a smaller than expected reduction during the pandemic isolation, agribusiness remaining strong and a lower than expected impact on mining/construction.

Carlos Briganti Is Managing Director, Power Systems Research – SA

Gen-Set Sales Start Slow in Q1 2017

SUMMARY: Considering sales across all power ranges, gen-set sales were off to a slower start in Q1 2017, down 5.5% compared to Q4 2016 levels.  This decrease follows Q4 2016 where overall dealer reported sales were flat relative to Q3 2016 levels.

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2023-05-21

2032 Marine Inboard Market Forecast: $4.45B

GLOBAL REPORT
Michael Aistrup
Michael Aistrup

The global marine inboard engines market is expected to grow from $2.75 billion in 2022 to $4.45 billion by 2032 at a CAGR of 5.1%, according to forecasts by Power Systems Research.

A marine inboard engine is a reciprocating engine mounted within a boat’s hull.  It is a four-stroke engine that has been modified for maritime usage. The engine spins a drive shaft that passes through the hull and is connected to a propeller. While outboard engines must be periodically serviced to ensure they remain watertight, inboard engines typically do not require much maintenance. Additionally, inboard engines tend to be more fuel-efficient than outboards.

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2020-06-29

Small Signs of Recovery in Japan’s Domestic Motorcycle Market

Akihiro Komuro
Akihiro Komuro

While car sales have been hit hard by the Coronavirus disaster, there are small signs of a recovery in the Japanese domestic motorcycle market. According to the Japan Mini Vehicle Association, new motorcycle sales in April 2020 (125 to 250cc) were up 2.0% YOY to 7,772 units.

This is the fourth consecutive month of YOY growth. Some observers believe this is a rebound from the decline following the October 2019 sales tax hike. This growth also is partly due to the growing need by commuters to use motorcycles as an alternative to public transportation to avoid coronavirus.

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2023-09-15

Strong E-Bike Market Growth Seen

The pandemic bike boom boosted e-bike sales 145% from 2019 to 2020, more than double the rate of classic bikes, according to the market research firm NPD Group.

Research by Power Systems Research estimates the global e-bike market size at US$ 23.2B in 2022 and expects the market to reach US$ 78B by 2030, exhibiting a CAGR of 10.5%.

E-bikes are bicycles equipped with electrical motors for transforming electrical energy into mechanical energy to assist pedaling. They use rechargeable batteries that require minimum maintenance and provide power to the motor.

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2022-07-20

UTV & ATV Market Dynamics  

NORTH AMERICA REPORT
Michael Aistrup
Michael Aistrup

Market Overview. The global UTV/ATV market size was US$ 8.66 billion in 2021, with a compound annual growth rate (CAGR) of 6.13%. PSR forecasts the global market to grow to US$ 11.67 billion by 2026

The North American UTV/ATV market was valued at US$ 6.66 billion in 2021, and it is expected to reach US$ 8.50 billion in 2026, registering a CAGR of about 5.00% during the forecast period (2022 – 2026).

Applications. UTVs/ATVs were originally associated with sports and recreational activities. Application of these vehicles has diversified, and they are now being used in the agricultural sector and for patrolling, hunting, gardening, and other activities.

A recent application is the United States Army. The military has shown interest in acquiring UTVs/ATVs with features such as rapid transportation, the ability to carry nine fully armed soldiers, agility, and a minimum of 55 mph. 

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2021-07-27

Sany Challenges Komatsu’s Grip on Indonesian Construction Machinery Market

Akihiro Komuro
Akihiro Komuro

The battle between major Japanese and Chinese construction machinery companies is intensifying in Indonesia. As the growth of the Chinese market slows, China’s Sanichi Heavy Industries is accelerating its overseas expansion in search of new sources of revenue.

Komatsu, which has a stronghold in Southeast Asia, is responding by introducing mid-priced machines and expanding its maintenance bases. Who will dominate the growing market following China will also affect the power structure of the construction equipment market in Asia.

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2022-01-22

Look for Unprecedented Launch of EVs in Japanese Market

JAPAN REPORT

The Japanese market in 2022 will be greatly affected by two factors: COVID-19 in its third year and the semiconductor shortage. Despite this, companies are making steady progress in their approach to the industrial issues of the environment and safety, and in particular, the full-scale development of EV products is positioned as a major step toward the realization of carbon neutrality by 2050. The launch of EVs in the Japanese market in 2022 will be on an unprecedented scale.

Nissan will start selling its new model “ARIA” at the beginning of the year. Nissan and Mitsubishi are also jointly developing a mini-EV which they plan to launch early in 2022. Toyota and Subaru will also gradually roll out their first jointly developed SUV in Japan and overseas markets starting in mid-2022. Toyota’s “bZ4X” and Subaru’s “SOLTERRA” are the best-selling mid-size SUV EVs globally and will be the touchstone for future EV development. Honda will launch its first two Honda-brand EVs in China in the spring of 2022. These are also SUVs and will be marketed under the name “e:NS1” by Dongfeng Honda and “e:NP1” by Guangqi Honda, both of which are local joint ventures, and will be considered for export from China to global markets.

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