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DataPoint: North America Skid Steer Loaders, 2022 Production, 92,700 Units
The four major types of skid steer loaders are Agricultural, 29%; Rental Fleets, 22%; Construction, 20%, and Landscape, 12%.
92,700 units is the estimate by Power Systems Research of the number of Skid Steer Loaders to be produced in North America (United States and Canada) in 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 25% worldwide
Market Share: With 33.5% of total units produced Bobcat leads in production of Skid Steer Loaders in North America. In second and third positions are Case New Holland and Deere with 21.5% and 15.5%, respectively.
Trends: In 2021, production of skid steer loaders in North America increased nearly 4% YoY. Production is expected to gain another 4.5% in 2022. The 2020 decline was mostly attributed to COVID-19 related factors along with new equipment saturation in the market and a slight drop in construction related activities.
The recent gains are attributed to the need for new construction equipment and the overall stabilization of the economy, especially in the construction industry. As the construction industry continues to recover, construction will continue to be a key driver in overall industry growth.
Sales are reduced by sluggish demand in the American agriculture industry (still battling soft commodity prices) that accounts for 29% of all skid steer usage in the market today. Expect production of skid steer loaders in NA to increase up to 7% over the next 3-5 years. PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
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Alternative Power Report, September 2022
Download PDFThe September 2022 issue of the Alternative Power Report from PSR discusses Cummins new energy storage system, battery electric forecasts and EV shipping applications. PSR
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DATAPOINT: NA Crawlers, 2022 Production: 4,100 Units
A Crawler Loader is a piece of mobile construction equipment used to load materials; it’s used primarily in tough, off-road terrain. It’s similar to a wheel loader, except it has treads instead of wheels.
A Crawler Excavator is a self-propelled crawler mounted on heavy equipment that is designed to dig or move large objects. The main function of a Crawler Excavator is to dig holes or trenches for construction related activities.
4,100 units is the estimate by Power Systems Research of the number of Crawlers to be produced in North America (United States and Mexico) in 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 30% worldwide
Market Share: With combined plant totals of 52%, Cat leads in production of Crawlers in North America. In second place is Deere with 30.5%, and third is Case, with 11%.
Trends: In 2021, production of Crawlers in North America (US) decreased 4.8%. However, production is expected to gain near 3% in 2022, compared to 2021. The carryover decline into 2021 was mostly due to COVID-19 related factors such as plant shutdowns, parts availability and lack of workforce.
The market significantly dropped during the Spring of 2021, caused by low oil prices and a lull in mining and construction projects.
A few years ago, construction spending in the United States was above normal yearly levels, according to a new analysis of federal data released by the Associated General Contractors of America. Construction and mining activities increased resulting in a substantial gain for 2018.
Recent decreases in production are attributed to several trends: public sector construction activity continues to decline while private sector demand for new construction continues to strengthen.
Even though sales dropped considerably in 2020 and 2021, production is expected to gain up to 15% by 2025, primarily influenced by the outlook for construction, driven by infrastructure spending, and mining related activities. PSR
Carol Turner Is Senior Analyst, Global Operations, at Power Systems Research
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PowerTALK™, September 2022
Download PDFSouth Korea is looking at its first trade deficit with China in 28 years, according to a report in the September issue of PowerTALK News, the monthly report of news and analysis from Power Systems Research. Also in this issue is a report from Guy Youngs on Alternative Power sources, as well as reports from two important industry shows: The Cannes Yachting Festival in France and the M&T Expo in Sao Paulo, Brazil.
IN THIS ISSUE
- Alternative Power
- Electric Battery Power Forecasts
- Can EV Enthusiasm Trigger Global Growth?
- Lithium Spot Prices Climb Nearly 900% Since January 2020
- Cummins Jumps On New Energy Storage Iron Salt Formula
- EV Shipping Set To Blow IC Engines Out of the Water
- North America:
- Navistar Introduces S13 Engine Platform
- Outdoor Power Equipment Forecast To Grow 5.3%
- DataPoint: NA Crawlers
- Europe: Report from Cannes Yachting Festival 2022
- Brazil/South America: Special Report: M&T Expo
- China: Drought Forces Sichuan Power Cuts at Factories
- Japan: Vinfast To Export Initial 5,000 EVs To Europe and the U.S.
- Japan: Honda To Discontinue Two-Wheel Gasoline Vehicles
- South Korea: South Korea Sees First Trade Deficit with China in 28 Years
- India: Festive Demand Expected To Boost Auto Industry
- Alternative Power
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DATAPOINT: North America Crawlers
Download PDFOEMs in North America are expected to produce 4,100 crawlers this year, according to forecasts by Power Systems Research global analyst Carol Turner. PSR
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Alternative Power Report, August 2022
Download PDF
Guy Youngs
Forecast and Technology Adoption Lead
PSR’s Guy Youngs shares his insight in the first edition of our Alternative Power Report.
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DATAPOINT: NA Tillers, 2022 Production: 245,000 Units
245,000 units is the estimate by Power Systems Research of the number of Tillers to be produced in North America (United States and Mexico) in 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: Mexico: up to 65% worldwide. United States: up to 25% worldwide
Market Share: With 39.5% of total units produced, Schiller Grounds Care leads in production of Tillers in North America. With combined plant totals of 37.5% (Mexico and US), MTD is in second place. Third, is Honda Power with 11.5%.
Trends: In 2021, production of Tillers in North America decreased 15%. Production is expected to increase 2.3% in 2022, compared to 2021. The decrease in 2021 was caused by Husqvarna discontinuing its line of tillers along with Cub Cadet, Columbia and Craftsman branded units being terminated in 2020 at the MTD Tupelo, MS plant. Husqvarna’s decision to cease tiller production was due to recall circumstances. The increase is driven by home owners using tillers to maintain their yards; there has been a constant demand for tillers in both the commercial and residential sectors Consumers are increasingly willing to spend their disposable incomes on durable goods, landscaping services, and recreational activities, boosting demand for both consumer and commercial outdoor power equipment. Expect production to increase 10% by 2025.
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
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PowerTALK™, August 2022
Download PDFIn this issue of PowerTALK News we introduce a new feature, Alternative Power Report, written by Guy Youngs. The monthly feature will include news and analysis about EV and power sources such as batteries and fuel cells. Also in this issue are articles about Daimler’s new strategy regarding its Western Star Brand, and update on Personal Watercraft, and the implementation of China IV emissions regulations starting Dec. 1, 2022.
IN THIS ISSUE
- Alternative Power
- BMW keen on hydrogen fuel-cell EVs
- Australian solar park could generate hydrogen for less than $2/kg
- Tesla deploys lounges at Supercharger stations
- BorgWarner buying EV charging company to boost growth
- North America:
- Daimler Beefs Up Western Star Brand
- Personal Watercraft Production Grows
- DataPoint: NA Tillers
- Europe: Report:
- 100,000th lithium-Ion Forklift for Jungheinrich
- MAN Launches New Generation Engine
- Brazil/South America:
- Brazil Implement Registrations Remain Strong
- Volvo Plans EV Bus for Brazil in 2023
- Mercedes To Deliver 1000 EV Bus by 2023 to São Paulo
- Marcopolo To Deliver 30 EV Buses in 2022
- China: China IV Emissions Regulation Set for December
- Japan: Hino Motors’ Engine Fraud Covers 560,000 vehicles
- South Korea: Hyundai Doosan Infracore Plans Hydrogen Engine
- India: CV Industry Is Moving in Top Gear
PSR
- Alternative Power
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PowerTALK™, July 2022
Download PDFRead about the European Battery Show in the July issue of PowerTALK, and Emiliano Marzoli’s interview with Dow officials about their product plans. Also in this issue is Jim Downey’s forecast on the North American economy and Jack Hao’s report on the sharp decline in China’s heavy truck sales.
IN THIS ISSUE
- North America:
- Economy Faces Multiple Problems
- UTV & ATV Market Dynamics
- DataPoint: NA/Global Personal Watercraft
- Europe: Report: Battery Show-Europe
- Brazil/South America:
- Mercedes Makes Fourth Shutdown in Brazil
- US$ 65 Billion Agriculture Funding Plan
- China: Heavy Truck Sales Fall by More Than 60%
- Japan: Venture Firm Plans Electrification Projects
- South Korea: Hyundai Launches Flagship EV, the IONIQ6
- Vietnam: VinFast Ends Sales of Two Gasoline Vehicles
- India: CNG Vehicles Are Moving in Cruise Mode
PSR
- North America:
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DATAPOINT: North America/Global Personal Watercraft. 2022 Production: 90,350 Units
90,350 units is the estimate by Power Systems Research of the number of Personal Watercraft to be produced in North America during 2022. A PWC is a small pleasure craft that uses an inboard jet drive as its primary source of propulsion and is designed to be operated by a person or persons sitting, standing, or kneeling on the PWC rather than inside the pleasure craft. PWC Sit-Downs 3 People is defined as a type of vessel which is specifically designed to haul multiple passengers sitting on the vessel; commonly referred to as jet skis.
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 30% worldwide.
Market Share: With combined plant totals of 51%, Yamaha leads in production of Personal Watercraft in North America. In second position with 41% is BRP; third place is held by Kawasaki with 8%.
Trends: From In 2021, production of PWCs in gained nearly 3%. Production is expected to increase 5% in 2022, based on high demand for recreational items that includes Personal Watercraft. Even though sales have skyrocketed, PWC builders experienced supply chain disruptions during the pandemic that impacted deliveries for calendar year 2021.
According to the National Marine Manufacturers Association (NMMA), this trend is here to stay – the boating industry is booming with demand at an all-time high as Americans plan for a summer on the water. As the country returns to a new normal, people are reassessing how they spend their quality time with loved ones, and many are continuing to choose boating as the preferred choice in recreation.
Sales of these recreational vehicles depend on disposable income and leisure time. Expect the production of Personal Watercraft to gain an additional 10% by 2025.
BRP plans to go electric by 2026.PSR
Read more about Sea-Doo electrics.
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
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