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DATAPOINT: NA ATV 2023 Production
Download PDFATV is a short term for All Terrain Vehicle. It commonly has 4 wheels and is designed to be driven off road. It seats one person, or sometimes two, one in front of the other.
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.
Market Share: With 28% of total units produced, Polaris leads in the production of 4-wheeled ATVs in North America. In second position and third position are Honda and Yamaha Motor with 22% and 18.5%, respectively.
Export: Mexico exports up to 45% of its production worldwide. The United States exports up to 30% of its production worldwide. Approximately 60% of Suzuki’s production in Rome, GA, remain in the US, while the rest are sold internationally.
Trends: In 2022, production of ATVs in North America decreased nearly 5% from 2021. However, production is expected to rebound 5% in 2023. The 2022 decrease was partially COVID-19 related. Other factors included overstock, the uncertain economic outlook, and the growing popularity of side x side units (utility vehicles).
Manufacturers have discontinued less popular models/variants and are concentrating on bestselling units. ATVs are used in many activities that meet recreation, sport and military needs.
Investor relations representatives from Yamaha, Polaris Industries and Arctic Cat forecast increased sales, based on rising consumer discretionary spending and favorable gas prices. Production is expected to increase, considering current economic factors along with the introduction of innovative products and technologies. Look for additional production up to 10% by 2025. PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
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DATAPOINT: NA ATVs, 2023 Production
ATV is a short term for All Terrain Vehicle. It commonly has 4 wheels and is designed to be driven off road. It seats one person, or sometimes two, one in front of the other.
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.
Market Share: With 28% of total units produced, Polaris leads in the production of 4-wheeled ATVs in North America. In second position and third position are Honda and Yamaha Motor with 22% and 18.5%, respectively. PSR
Carol Turner is Senior Analyst-Global Operations, at Power Systems Research
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2022 Truck Production Index (PSR-TPI) gains 2.9%
Download PDFSt. Paul, MN (April 8, 2023)— The Power Systems Research Truck Production Index (PSR-TPI) decreased from 108 to 106, or -1.9%, for the three-month period ended March 31, 2023, compared to Q4 2022. The year-over-year (Q1 2022 to Q1 2023) gain for the PSR-TPI was, 103 to 106, or 2.9%.
The PSR-TPI is a quarterly truck production report that measures global truck production in 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. The next update of the Power Systems Research TPI will be in July 2023 and will reflect changes in the TPI during Q2 2023. PSR
Jim Downey is vice president – global data products at Power Systems Research
Chris Fisher is the senior commercial vehicle analyst at Power Systems Research -
PowerTALK™, March 2023
Download PDFIN THIS ISSUE
CONEXPO 2023 held this month in Las Vegas is the largest construction equipment show in the world. It covered more than 3 million square feet and more than 2,400 exhibitors demonstrated new products from nearly 140,000 attendees from around the world. Power Systems Research analysts walked the five-day show talking with exhibitors and attendees and reviewing new products. Read our report in this issue of PowerTALK.
- Alternative Power
- Subway To Add EV Charging Stations
- Lithium-Air Battery Could Offer Longer Range
- Has Battery Recycling Arrived Too Soon?
- Nikola Plans Hydrogen Fuel Network
- Global:
- CONEXPO Shows Hydrogen, Electric Prototypes
- EV Boat Market To Grow by 12%
- NA: Cummins Hydrogen Engine Update
- DataPoint: NA Harvesters
- Brazil/South America:
- WEG Building Plant for EV Batteries in Brazil
- Fras-le Acquires Juratek in UK
- Europe: RR Power Systems Posts Record Year
- Japan: Hitachi Construction Raises Prices
- China: Komatsu To Cut China Production by 40%
- India: Hyundai To Purchase GM Plant
- Alternative Power
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CONEXPO 2023
Download PDFMore than 2,000 exhibitors displayed new products to nearly 140,000 attendees at the CONEXPO 2023 event in Las Vegas March 14-18. Analysts from Power Systems Research walked the grounds looking at new equipment and talking with exhibitors and attendees. PSR
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DATAPOINT: NA Harvesters, 2023 Production
Download PDFThe combine harvester, often simply called a combine, is a machine that harvests grain crops. The name derives from its combining three separate operations comprising harvesting—reaping, threshing, and winnowing—into a single process.
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.
Market Share: With 52% of total units produced, Deere leads in production of harvesters in North America. In second position, with combined plant total, is Oxbo International with 25%; third, Flory with 10%. PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
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Alternative Power Report, March 2023
Download PDFHydrogen power continues to be a hot topic as an alternative power source, as you’ll see when you read the March 2023 issue of the Alternative Power Report from Power Systems Research. Development of the charging infrastructure is a hot topic, too, as we see with the article on Subway tying its sandwich shops in with charging stations. PSR
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Alternative Power Report, February 2023
Download PDFRead about the 240 ton electric mining truck that can charge in 30 minutes in the February 2023 issue of Alternative Power Report produced by PSR’s Guy Youngs. The same issue contains articles about Volvo’s electric concrete mixer truck and its wheel loader. Europe’s charging corridor will make driving easier for MHVs. PSR
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PowerTALK™, February 2023
Download PDFIn This Issue
Read in the February 2023 issue of PowerTALK News about the 240 ton EV mining truck than can charge in 30 minutes. At the same time, Volvo unveils an electric mixer truck and Japanese OEMs push to develop battery production in North America.
- Alternative Power
- • 240 Ton Electric Mining Truck Charges in 30 Minutes
- • Study Shows Plug-in Hybrids Dirtier Than We Thought
- • From Diesel to DC
- • Volvo Unveils Electric Concrete Mixer Truck
- Global: MC Market Grows 5.48%
- N. America: Charging Infrastructure Blocks Adoption for BEV’s
- DataPoint: Dumpers/Tenders
- Brazil/S. America:
- • Hitech Electric To Produce 100% EV LCVs
- • Hyundai Keeps Gamma Engine in Units for Colombia
- • Legislation for AG Tractors Cabin in Brazil Has Changes
- • January Truck Production in Brazil drops 72%
- Europe: Deutz, Daimler Align
- China: Adoption of New Energy Commercial Vehicles Pushed
- Japan: OEMs Seek Battery Production Channel in NA
- South Korea: Hyundai To Start Operations at Plant in Vietnam
- SE Asia: Kubota Seeks Manpower
- India: Budget Focuses on Capex
- Alternative Power
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DATAPOINT: NA Dumpers/Tenders, 2023 Production
Download PDFA Dumper/Tender is a vehicle designed for carrying bulk material, often on building sites. Dumpers are distinguished from dump trucks by configuration: a dumper is usually an open 4-wheeled vehicle with the load skip in front of the driver, while a dump truck has its cab in front of the load.
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.
Market Share: With 66% of total units produced, Country Home Products leads in production of Dumpers/Tenders in North America. In second position is Allen Engineering with 18%; third, is Indy Equipment with 10%.
Electric (Battery) Data: Manufacturers continue to develop battery-powered equipment to replace units powered by diesel and gasoline powered internal combustion engines.
2021: 103 battery-powered units
2022: 108 battery-powered units
2023: 132 battery-powered units
From 2021-2023 production of Electric (Battery) powered units gained nearly 5%.
In 2023, production is expected to gain 22%.
Trends: In 2022, production of Dumpers/Tenders in NA increased 9% over production volume in 2021. Expect production to increase 7% in 2023 from that of 2022. The increase is attributed to gains in the global economy along with the demand for new products for construction and mining related activities.
The decline in 2020 was attributed to product saturation in the market and somewhat related to COVID-19 shutdowns, despite the fact that consumers/contractors were still purchasing products.
To date, many manufacturers are having longer production lead times due to lack of parts from suppliers and staffing shortages. Dumper/Tenders, commonly referred to as a Power Buggy, are sought after pieces of equipment because they are much faster than a conventional wheelbarrow and their use accelerates job site related activities. Expect production to increase an additional 5% by 2025.PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
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