Power Systems Research Expands Forecast Capabilities and Focus on Technology Adoption 

Guy Youngs Joins PSR Team
Guy Youngs
Guy Youngs

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. 

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Super App Strategy Is at a Crossroads: Grab and GOJEK

Grab and GOJEK, the two strongest Southeast Asian ride-hiring services, will focus their resources on their ancestral businesses of car dispatch, delivery and payment. Due to the impact of the new coronavirus, both companies have decided to reduce their workforce for the first time since their founding about 10 years ago and are withdrawing from their non-core businesses.

Akihiro Komuro
Akihiro Komuro

The “Super-app” concept, which provides a full range of lifestyle-related services, was forced to be reviewed.

Grab and GOJEK announced in succession in June that they would be laying off 5% (360 employees) and 9% (430 employees), respectively.

Since February, the business environment has changed dramatically with the COVID-19. The use of the service has plummeted due to restrictions on behavior by governments.

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How Student Teamwork Built a World Championship Car

Editor’s Note: Caroline Little teaches all levels of French and moderates an engineering co-curricular at St. Thomas Academy, an all-boys school in Mendota Heights, Minnesota. Here she provides a report on the program and the benefits it provides to participating students.

Power Systems Research has been a lead sponsor of the special Experimental Vehicle Team (EVT) at St. Thomas for many years. This year, the team won its class in the Shell Eco-Marathon international competition in London. This report from Ms. Little discusses the program and the benefits it provides for high school students interested in science, technology, engineering and match (STEM).

By Caroline Little

Every year for the past twenty the Saint Thomas Academy Experimental Vehicle Team (STA EVT) has built a new vehicle from the ground up to give our students the best engineering experience a high-schooler can get. The internationally recognized program started in 1997. My fellow moderator Mark Westlake and I believe in the importance of learning from mistakes. That the most important life lessons come from experience, that science is not always easy and that the answers are not always found in the back of the book.

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Smaller Bauma Returns To Munich

Summary. After more than three years, Bauma, one of the largest construction events in the world, reopened its doors for seven days in Munich Oct. 24. Power Systems Research (PSR) had a five-person team at the event, discussing trends with industry representatives, from new products and services to topics around the future evolution of sustainable technologies.

The show was smaller than the last time it was held, in 2019. Close to 3,200 exhibitors from 60 countries (2019: 3,684 exhibitors from 63 countries) participated and more than 495,000 visitors from over 200 countries (2019: 627,603 visitors from more than 200 countries) came to Munich for the event.

Bauma is the world’s leading trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction equipment. International visitors made up about 50% of the attendance. That’s a change from 2019 when about two-thirds of visitors came from Germany.

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Product Definitions Guide

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

DATAPOINT. North American Pavers, 2022 Estimated Production: 2,900 Units

NORTH AMERICAN REPORT

2,900 units is the estimate by Power Systems Research of the number of Pavers to be produced in the U.S. and Canada during 2022.

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.

Exports: Collectively, up to 40% worldwide.

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COVID Delays Trade Shows

Maxim Sakov
Maxim Sakov

MOSCOW–October in Russia has seen increasing restrictions related to the COVID quarantine placed on trade shows. Most shows which normally would be held at this time, have been cancelled or shifted to 2021.

Fairs such as “Busworld” and “Interauto” will not take place this year. However, some events have been included on a so called “exception list,” or official list of trade shows and congresses, planned to be conducted in here from Oct. 20, 2020, to 30 Nov. 30, 2020. Among these events are Mining World and the Heat and Power trade show, held Oct. 27 – 29 in the Crocus Expo Center here.

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Pandemic Reduces Moscow 2021 Oil and Gas Show

Maxim Sakov
Maxim Sakov

MOSCOW–The recently-completed Neftegaz (the International Exhibition for Equipment and Technologies for Oil and Gas Industries) trade show held at the Moscow Expocenter was smaller than in the past. This fair is conducted every two years and is a largest local event in the oil and gas industry. This year’s fair was held April 26-29.

It’s a small trade show, and it was even this year than in past years. The number of participants was down from 550 to about 400 companies representing 18 countries. The largest delegations (besides Russia itself) were presented by Germany and China. Germany has set national expositions on the fair.

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