Search Results for: power-systems-research-forecasts-95-international-growth-gen-sets-2016

Pandemic Leads to Accelerating Losses For NA Gen-Set Dealers in Q1 2020

SUMMARY: Gen-set sales in Q1 2020 fell 9.8% from Q4 2019, as the United States faces perhaps its most serious economic and public health crisis since the Great Depression. No power range was immune to the decline.

Sales in the 51-100kW range dropped 13%, the largest drop of any range, while the 101-300kW range faired the best, only shedding 6.5% of sales from Q4 2019.

The losses were felt fairly evenly across applications, with temporary power falling the least at 7%, and standbys the most at 10%. Looking by customer type, commercial sales had their worst first quarter in at least the last five years, falling by 9.5%.

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Q2 2018 Shows Further Evidence of Paradigm Shifts Following 2017 Hurricanes

SUMMARY: Gen-set sales climbed 5% over Q1 2018 levels in anticipation of the camping season and end of fiscal year for many government and industrial consumers. While fewer dealers commented on specific-storm related residential demand this quarter, the 5% growth this quarter does seem to indicate that last year’s hurricanes may have raised the gen-set market up to a new normal, especially when compared to the 1.8% growth reported in Q2 of 2017.

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Power Systems Research Q3 2021 TPI Slides 10.7%

PSR-TPI-Q3-2021Download

The Q3 2021 Power Systems Research Truck Production Index (PSR-TPI) declined 10.7% in the third quarter ended Sept. 30, 2021, from Q2 2021. At the same time, the index dropped 17% on a YoY basis.

Except for China, all regions are expected to experience solid commercial vehicle demand growth this year and into 2022.  Chinese heavy truck demand is expected to decline this year primarily due to the implementation of the China VI emission regulations that adds cost to the vehicles but no significant improvement in fuel economy.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

This data comes from OE Link™, the proprietary database maintained by Power Systems Research.

Global Index. Overall, medium, and heavy truck demand will finish the year on a strong note and continued strength is expected into 2022.  On-going supply chain disruptions will continue to impact production throughout the rest of the year and well into 2022.

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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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2016-08-01

Publications POWER SYSTEMS RESEARCH (PSR): Another in Our Series of EGSA Member Company Profiles


EGSA-JA2016Download

This article appeared in the July/August 2016 issue of Powerline Magazine, published by EGSA (Electrical Generating Systems Association)

This is the story of a 40-year-old company that carried on
and succeeded following the sudden and tragic death of its
Founder and President last year. Early in 2015, George Zirnhelt,
the dynamic and creative Founder and President of Power Systems
Research (PSR), passed away from injuries sustained in an
accident while vacationing in Mexico.

The PSR global team rebounded from this loss, immediately
implementing a crisis operations plan and a management transition
program that were both already put in place. Instead of losing
ground, the company finished 2015 strong, by following through
on several strategic tasks that George had initiated and implemented
to position the company for future growth and expansion.

Already in Q1, 2016 revenue was the best in more than a decade
– a sign that the company is moving forward despite tragic loss.
PSR is an internationally-recognized leader in the collection,
analysis and forecasting of production information for engines

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Q2 2021 Power Systems Research Truck Production Index (PSR-TPI) climbs 193.5%

St. Paul, MN (July 12, 2021)— The Power Systems Research Truck Production Index (PSR-TPI) increased 193.5% year-over-year (Q2 2020 to the Q2 2021), moving from 46 to 135. For the three-month period ended June 30, 2021, (Q1 2021 to Q2 2021) the TPI climbed 15.4%, increasing from 117 to 135.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

This data comes from OE Link™, the proprietary database maintained by Power Systems Research.

Global Index. Overall, medium and heavy truck demand will finish the year on a strong note and continued strength is expected into 2022.  On-going supply chain disruptions will continue to impact production throughout the rest of the year and possibly into 2022.

All Regions. Except for China, all regions are expected to experience solid commercial vehicle demand growth this year and into 2022.  Chinese heavy truck demand is expected to decline this year primarily due to the implementation of the China VI emission regulations that adds cost to the vehicles but no significant improvement in fuel economy.

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Q4 2021 Power Systems Research Truck Production Index (PSR-TPI) Loses 37%

PSR Truck Production Index Q4 2021Download

St. Paul, MN (January 25, 2022)— The Power Systems Research Truck Production Index (PSR-TPI) increased from 116 to 120, or 3.4%, for the three-month period ended December 31, 2021, from Q3 2021. The year-over-year (Q4 2020 to Q4 2021) loss for the PSR-TPI was, 190 to 120, or -37%.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan and Korea and Emerging Markets.

This data comes from OE Link™, the proprietary database maintained by Power Systems Research.

Global Index: We expect global production volumes in 2022 to gain 3.7% vs 2021, with a positive trend in all regions, except for China, where we expect production volumes to be down -3.6% in 2022 vs 2021.  China experienced a surge in demand during 2020 due to the change in emissions regulations, so 2021 was down significantly, about 20%. 

All Regions: Global demand for Medium and Heavy Commercial Vehicles (MHV) rebounded in 2021 but overall growth in the segment was flat.  Going forward, we expect the growth to accelerate in 2022 and 2023.   The exceptions to this rebound trend are in China and India, which continue to decline and sharply drive overall global production numbers into negative territory. 

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