Global

  • DATAPOINT: North America Terminal Tractors

    Estimated 2022 Production: 3,800 Units

    3,800 units is the estimate by Power Systems Research of the number of Terminal Tractors to be produced in North America (United States) in 2023.

    Terminal Tractors are specialized heavy duty vehicles designed to move loads at container ports and container terminals. Generally, they are slow moving (under 30km/h) and employ a high torque diesel engine and 4×4 wheel drive which enables them to move very heavy trailer loads, sometimes up to 200 or 300 tons

    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

    Market Share:  With 31% of total units produced, Tico leads in production of Terminal Tractors in North America.  In second position is Kalmar–Ottawa with 26%; third is Capacity Trucks with 19%. 

    Trends: In 2021, production of Terminal Tractors in North America increased nearly 16% over 2020 production.  Production is expected to gain another 22.5% in 2022.  Over the past few years, airlines have tightened expenditures and reduced purchases of Terminal Tractors.  This is accredited to the downfall of the industry with no leftover monies for new units due to tight or minimal budget constraints. 

    The production increases in 2021 and 2022 are the result of increased demand for new products that improve operational efficiency and reduce environmental impact

    2018 was an exceptional year in the North American Terminal Tractor industry. Hesitations of increase in prices from additional tariffs and trade wars made several customers bring forward orders, resulting in significant growth in sales for most manufacturers. Production is expected to remain steady with an additional increase of 10% by 2025.  PSR

    Carol Turner is Senior Analyst, Global Operations, at Power Systems Research

  • U.S. Powersports Industry Grows in 2021

    Michael Aistrup
    Michael Aistrup

    The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) has released economic data for 2021 showing the outdoor recreation industry’s impact on the U.S. economy. Key highlights from the 2021 data on the U.S. outdoor recreation economy include: 1. $862 billion in economic output; 2. 1.9% of GDP, and 3. 4.5 million jobs.

    Trips and travel have come back, record sales in many outdoor segments, manufacturing increasing, as well as the drive to continue to recreate for quality of life has allowed the outdoor industry to bounce back from the effects of COVID-19.

    “The continued strength of the outdoor economy is no surprise to the marine industry, where we continue to see incredible growth with new and younger customers taking to our brands each year,” said Chris Drees, President of Mercury Marine, the world’s leading manufacturer of recreational marine propulsion engines.

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  • Acquisitions in Light/Medium EV Segment

    NORTH AMERICA REPORT
    Chris Fisher
    Chris Fisher

    2022 has been an interesting year on many commercial vehicle fronts including the medium and light electric commercial truck and van segment.  While large established OEMs such as Ford, who is expected to produce approximately 6,500 E-Transits at the Kansas City plant in 2022, there has been some shakeup within the electric commercial vehicle start-ups. 

    During the past six months, Mullen Automotive, based in Brea, CA, has acquired the assets of the now bankrupt Electric Last Mile (ELMS) company and has acquired 60% of Bollinger Motors, which has yet to start vehicle production.

    In September 2022, Mullen Automotive invested $148 million into Bollinger Motors, giving Mullen a 60% share of the company.  Bollinger plans on introducing their electric class 3 – 6 lineup of cargo vehicles starting in 2023 and it is likely that Bollinger will also manufacture the Mullen electric light commercial vans also starting production in 2023.

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  • Container Ships Could Look Like this by 2050

    Here’s What Container Ships Could Look Like by 2050

    With pressure from regulators to decarbonize international shipping, companies big and small are racing to identify green alternatives to the gas-guzzling container ships that account for an estimated 3% of global greenhouse emissions.

    Many of the ideas floating around today leverage some form of high-tech sail, a futuristic take on the wind-powered voyages that have transported goods for as long as global trade has existed.

    Many factors need to be…

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  • Tesla Refinery Project Advances in Texas

    Tesla is currently working on a lithium refinery project that would be coming to Corpus Christi, Texas, and it sounds like the automaker is in the final stretch of its negotiations with the authorities.

    In September, we learned that Tesla has a plan to build a lithium refining facility on the Gulf Coast of Texas. At the time, all we knew was that Tesla was planning on moving fast with hope to start building in Q4 2022.

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  • Are There Enough Materials To Produce Needed EVs?

    The transition from ICE to electric vehicles (EVs) is necessary to decrease climate-changing emissions. As deployment increases, so will the demand for EV battery materials such as lithium, cobalt, and nickel. These materials are primarily supplied through two sources: 1) newly mined or 2) recovered by recycling batteries.

    Research shows there are enough explored or prospective reserves to electrify the global transportation sector using current technology if a high amount of battery recycling occurs. In this scenario, global demand for EVs in 2100 will amount to about 55% of cobalt reserves and 50% of lithium reserves. If recycling doesn’t ramp up, a shortage of lithium, nickel, or cobalt is likely, and it is estimated that demand would exceed what is economically accessible to extract.

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  • DATAPOINT: North America Combines

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    Estimated 2022 Production: 7,400 Units

    7,400 units is the estimate by Power Systems Research of the number of Combines to be produced in North America (United States) in 2022.

  • Bauma 2022 Returns Smaller than 2019

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    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 f 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.

    Power Systems Research had a team of analysts at bauma, looking at new products and talking with OEMs and suppliers about their development plans. Read their reports in the Bauma 2022 Show Report. PSR

  • Alternative Power Report, November 2022

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    Read news and analysis from PSR’s Guy Youngs about hydrogen power applications in the November issue of the Alternative Power report by Power Systems Research.

  • Randon Acquires US Trailer Maker Hercules

    Randon, an Brazil-based OEM, has agreed to invest $40 million to acquire the US-based trailer manufacturer Hercules. Randon’s purchase agreement for Hercules is expected to be finalized within 120 days. Randon Implementos is the largest semi-trailer manufacturer in Latin America. The company maintains a manufacturing park in Argentina and works with partners to assemble semi-trailers at several points in Central America and Africa. It is the main Brazilian exporter in the segment, with a historical market share of 60% in exports.

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