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Christopher Bamforth is a European Market Research Analyst based in Brussels, Belgium. In this role he will be responsible for supporting European market research, and market data analysis for original equipment and engine applications for Power Systems Research's OE Link™ and EnginLink™ databases. Christopher holds a Bachelor of Arts degree, with Honors, in Business Studies, from the University of Kent, with specialties in marketing, economics and international business. Prior to coming to Power Systems Research, he interned as a market researcher at Dedicated Resources S.A. Belgium. Christopher joined the Power Systems Research team in March of 2014.
In this episode of PSR PowerTALK, Christopher Bamforth, European Market Analyst for Power Systems Research, comments on his outlook for the European economy.
Transcript
Welcome to the PSR PowerTALK podcast, produced by Power Systems Research.
00:06 Emiliano Marzoli:
From Power Systems Research, hello, I am Emiliano Marzoli, editor of PSR PowerTALK. And today we’re going to discuss the economic outlook for Europe with Christopher Bamforth, our European Market Analyst.
Natasa Mulahalilovic is PSR MarineLink Product Manager
Emiliano Marzoli is Senior Business Development Manager – Europe
Dalibor Sablic is Senior Business Development Manager – Europe
SUMMARY: The general mood at Boot 2020 this year was very positive. Most builders said they had a very successful nautical 2018/2019 year, and most said they are looking forward to a good year in 2020. The show drew 240,000 visitors who had an opportunity to meet 1,900 exhibitors from 71 countries.
The Sailing boats segment is coming back on track, motorboats of all sizes are doing well, the super yachts segment remains strong, and inflatable boats and tenders have gained in popularity. The optimistic view for 2020 is based on good year-end results, continuous investments in new technologies, materials, equipment, design and exciting new boat concepts.
Natasa Mulahalilovic
Modern designs, completely new looks, use of light and solid material, work on multi-functionality and openness of the boats is visible everywhere and in all segments. Boats are open more than ever, providing more space and light, and bringing riders closer to the water.
The environmental awareness is growing, and a new generation of boaters is looking for cleaner solutions, not just comfort. That’s why the sailing segment is gaining ground, electric boats are appealing to the general curiosity, and small and medium motorboats are more attractive than in last 10 years when the trend was towards bigger motor yachts and super yachts.
17 Halls of Boats, Boats and More Boats
Duesseldorf, Germany–The Power Systems Research (PSR) team spent several days exploring the 17 halls at this year’s Boot 2020 Show, reviewing products and talking with pleasure boat builders, traders and other industry professionals about the latest achievements, innovations and trends.
The 51st edition of Boot 2020, Europe’s largest boat show, wrapped up January 26, after drawing attendance of 240,000 for the nine-day event. People came mainly from Europe, but they came from all over the world, as well.
Joe Zirnhelt President and Chief Executive Officer
Joe Zirnhelt is President and Chief Executive Officer of Power Systems Research and a member of the company’s Board of Directors. His responsibilities include management and oversight of the company's operations as well as leading the implementation of strategic initiatives. Joe joined the company as a Senior Consultant in 2005. After several years working in various management roles within product and project oversight, he served as the company’s Chief Operating Officer & Strategist from 2015 until assuming responsibilities as President and Chief Executive Officer in 2019. Over his 24-year professional career he has served as an Officer in the U.S. Navy including training in the Naval Nuclear Propulsion Program followed by experience with Alstom Power, a leading French power plant developer, before joining Power Systems Research in 2005. Joe holds an undergraduate degree in Mechanical Engineering from the University of Notre Dame and an MBA from the University of Texas at Austin. He has been a regular contributor to Diesel Progress magazine and other industry publications often featuring the North American power generation market. He also is actively involved in the Electrical Generating Systems Association (EGSA) where he has contributed content for its Powerline magazine and recently completed his term as Chair of the Market Trends Committee.
Joe Zirnhelt is president and CEO of Power Systems Research. Today, Joe will describe the landscape of databases available from Power Systems Research and how clients typically access and use the databases. Next week, in Part 2 of this discussion, he’ll explain how component modules are assembled to detail important attributes about the engines and equipment such as Turbos, Transmissions and Axles.
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’re talking with Joe Zirnhelt about PSR’s database offerings and how their clients use them to grow their markets. In the next episode, we’ll talk about some examples of component modules; which increase the power of their databases.
Power Systems Research (PSR), a leading source of global production and forecast information for powered equipment, has expanded its capabilities with the addition of Guy Youngs, an experienced market intelligence specialist.
Youngs, who has more than 30 years’ experience as an industry market analyst, most recently spent 11 years working for Perkins Engines in the United Kingdom.
While at Perkins Engines, he led the development of important forecast tools, including the creation of a Market Model used by Perkins Engines’ global team as a single source for its market analysis and planning efforts.
At PSR, Youngs will assume the new role of Forecast and Technology Adoption Lead. He will be responsible for continuing to develop and adapt PSR’s industry forecast, overseeing the rate of technology adoption of alternative power sources into the future outlook and technology mix.
In this episode of PSR PowerTALK, Yosyf Sheremeta, PhD, Dir. of Prod. Mgt. & Customer Experience, discusses why the North American economy could post record growth of more than 6% in 2021.
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 the economic outlook for North America. This forecast has been developed by Yosyf Sheremeta, Director of Product Management and Customer Experience at Power Systems Research. Yosyf provides our clients with economic and production forecasts each quarter. Thanks for joining us today Yosyf.
Joe Zirnhelt President and Chief Executive Officer
Joe Zirnhelt is President and Chief Executive Officer of Power Systems Research and a member of the company’s Board of Directors. His responsibilities include management and oversight of the company's operations as well as leading the implementation of strategic initiatives. Joe joined the company as a Senior Consultant in 2005. After several years working in various management roles within product and project oversight, he served as the company’s Chief Operating Officer & Strategist from 2015 until assuming responsibilities as President and Chief Executive Officer in 2019. Over his 24-year professional career he has served as an Officer in the U.S. Navy including training in the Naval Nuclear Propulsion Program followed by experience with Alstom Power, a leading French power plant developer, before joining Power Systems Research in 2005. Joe holds an undergraduate degree in Mechanical Engineering from the University of Notre Dame and an MBA from the University of Texas at Austin. He has been a regular contributor to Diesel Progress magazine and other industry publications often featuring the North American power generation market. He also is actively involved in the Electrical Generating Systems Association (EGSA) where he has contributed content for its Powerline magazine and recently completed his term as Chair of the Market Trends Committee.
Joe Zirnhelt is president and CEO of Power Systems Research, a company that provides global data and intelligence on engines and power equipment. In this podcast, Joe describes components modules and how clients use this information to enhance the power and utility of the base data. Key components include Spark Plugs, Filters, Turbos, and Axles that are added to the engines and equipment tracked by Power Systems Research.
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’re talking with Joe Zirnhelt about PSR’s database offerings and how clients use them to grow their markets.
Product Descriptions by Segment and Application Power Systems Research tracks some 250 products in 13 major industrial segments. This Guide defines each product that PSR lists in its proprietary databases. Segment: Agriculture Application: 2-Wheel Tractors 2-Wheel Tractors Application: Ag Tractors 2-Wheel Drive Tractors 4WD Articulated Ag Tractors MFWD Tractors (Mechanical Front Wheel Drive) Tracked Ag
PSR Experimental Vehicle Grabs Fifth Place in Shell’s International Competition
The PSR-sponsored experimental vehicle designed, produced and raced by a team of high school students from suburban St. Paul, Minnesota, USA, finished as the top school from the US, and won fifth place overall, during international competition in London recently.
Also in this issue is a report on global truck production. The PSR Q2 2018 Truck Production Index climbed 12.4%.
Here are the Top Stories in this issue of PowerTALK
SUMMARY. The North American economy
remained stable in 2019 and pure economic conditions as well as fundamentals in
the region were favorable. Most industries performed very well, and the
short-term outlook remains stable to flat for most market segments. However, we
see many new developments that could suggest a shift in the trend.
Yosyf Sheremeta
Consumer
confidence declined slightly in December, following a moderate increase in November. The Conference Board’s Consumer Confidence
Index stood at 126.5 in December, 1.4 points higher than in September 2019.
Per Lynn Franco, Senior Director of
Economic Indicators at The Conference Board: “While consumers’ assessment of current conditions improved,
their expectations declined, driven primarily by a softening in their
short-term outlook regarding jobs and financial prospects. While the economy
hasn’t shown signs of further weakening, there is little to suggest that
growth, and in particular consumer spending, will gain momentum in early 2020.”
John Krzesicki talks with Thomas Bourgeois from Pace Energy and Climate Center in his continuing series “Living on the Edge”. In today’s episode John discusses powering greenhouses and local food production.
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 revealed conversations with industry experts and their insight into the future with intelligent technology. With over 30 years of experience supporting the manufacturing industry, I’ve seen an unbelievable change in technology.
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