Reports

  • PowerTALK™ News, June 2020

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    COVID-19 continues to be the main topic of the day for the power industry tracked by Power Systems Research. Read about the impact on North American production of Agricultural and Construction equipment in the June issue of PowerTALK News. The analysis was contained in a June 17, 2020, webinar presented by the Heavy Duty Manufacturers Association (HDMA) and Power Systems Research.

    The Top Stories in the June issue are:

    • NA: COVID-19 Webinar
    • NA: Lithium Revolution Is Missing
    • NA: DataPoint: Lawn & Garden Tractors
    • Brazil: Special COVID Report
    • Brazil: John Deere Grader Production
    • Brazil: Pepsico Acquires NG Trucks
    • Brazil: First Foton Assembled
    • China: Geely To Acquire CAMC
    • Japan: Domestic MC Recovering
    • SE Asia: Auto Sales Drop 80%
    • India: EV Outlook Brightens
    • Russia: Construction Machinery Sales
    • Russia: Autotor To Suspend BMW Production
    • Russia: KAMAZ Produces Mining Truck
  • DATAPOINT: US Lawn & Garden Tractors, 2020 Forecast: 681,500 Units

    681,500 units is the estimate by Power Systems Research of the number of Lawn & Garden Tractors to be produced in the United States in 2020.

    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 38% of total units produced, Husqvarna leads in production of Lawn & Garden Tractors in North America.  In second position, with combined plant totals, is MTD with 33%; third, also with combined plant totals, is Deere & Co. with 24%.

    Exports: Up to 25% worldwide.

    Trends: In 2019, production of Lawn & Garden Tractors in North America (US) increased nearly 8%, but production is expected to drop 16% in 2020.  The gain in 2019 was the result of increased demand for new fuel-efficient models combined with the demand for new equipment.  Latest models offer a variety of features for home buyers based on yard size (acreage). Entry-level lawn riders are suited for 1.5 acres or less and usually have 1-cylinder engines. 

    Mid-grade riders have twin cylinder engines with high HP’s that work well in large cutting areas.  The forecasted decline is caused by the temporary lull in production of the Craftsman line along with unfavorable mowing conditions (wet spring) and the saturation of new products in the market. 

    COVID-19 may play a factor in the manufacturing decrease because of plant shutdowns, however production can easily ramp up to meet demand for these seasonal items.  Production is expected increase up to 5% by 2025; lifespan of this product is about 10 years.   PSR

    Carol Turner Is Senior Analyst, Global Operations, Power Systems Research

  • PowerTALK™ News, May 2020

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    COVID-19 continues to make a huge impact on global production of engines and equipment. While the impact is stabalizing in some areas, it is growing rapidly in other regions, such as Brazil and South America. Read about it in the May issue of PowerTALK News.

    In This Issue:

    • NA: COVID-19 Webinar Scheduled with HDMA
    • NA: Vertical Integration Key for EVs
    • NA: New Class of Hybrids
    • NA: CORVID-19 Cuts Profits at HOG and PII
    • NA: DataPoint: PWC
    • Europe: ARGO Tractors Resumes Operations
    • Brazil: Commercial Vehicle Production Slides
    • Japan: Fuel Cell Joint Development Advances
    • Korea: Hyundai and Kia Expand EV Models
    • Southeast Asia: COVID-19 Stalls China Belt & Road
    • India: COVID-19 Lockdown
    • Russia: April New Car Sales Drop 70%
    • Russia:  Automaker To Receive Support
    • Russia: KAMAZ Driverless Trucks Tested
    • Russia: Electric GAZelle LCV Launched
  • DataPoint: 2020 Production Estimate, NA Skid Steer Loaders

    105,900 units is the estimate by Power Systems Research of the number of Skid Steer Loaders to be produced in North America (Canada and the United States) in 2020.

    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 35% 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 Caterpillar with 22.5% and 14.5%, respectively.

    Exports: Collectively, up to 30% worldwide.

    Trends: Production of skid steer loaders in North America increased 3% in 2019 over 2018. Prior to the COVID-19 pandemic, production was expected to remain flat with a nominal decrease of ½% in 2020.  This decline will be more severe with plant shutdowns etc., due to current virus concerns.  Overall, loader production could plummet up to 40% this year.  

    As the construction industry recovers, construction will continue to be a key driver in overall industry growth.  Flat sales can be attributed to the American agriculture industry that is sluggish (still battling commodity prices) that accounts for 29% of all skid steer usage in the market today. Expect production of Skid Steer Loaders in North America to increase up to 5% over the next 3-5 years.   PSR

    Carol Turner is Senior Analyst, Global Operations

  • PowerTALK™ News, April 2020

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    COVID-19 is the most important issue facing our industry globally in decades, and many of the articles in the April issue of PowerTALK News address the impact of this virus on production. Read about the industry’s reaction to coronavirus around the world in this issue. Be certain to review the video and the presentation slides from the PSR Webinar presented April 15, 2020.


    Download your copy of the presentation here. See the webinar video.

    IN THIS ISSUE
    • Dealing With Coronavirus—A Webinar
    • North America: Is Coronavirus A Natural Disaster
    • North America: High School Builds Face Masks
    • North America: Batteries Are Coming
    • North America: Outdoor COVID-19 Guide
    • Global: Truck Production Slumps
    • DataPoint: Skid Steer Loaders
    • Europe: COVID-19 Update
    • Brazil: Marcopolo Resumes Production
    • Brazil: Trailer Production Recovery Seen
    • Brazil: Q1 2020 Motorcycle To Drop
    • Brazil: First Foton Produced
    • China: NS6 Regulation Delayed
    • Japan: COVID-19 Hits OEMs
    • Korea: Doosan Hikes SNS Promotions
    • Southeast Asia: COVID-19 Shuts Auto Plants
    • Taiwan: Coronavirus Controlled
    • India: COVID-19 Report
    • Russia: Automakers Resume Work
    • Russia: Ambulance Purchases Planned
    • Russia: Market Decline Forecast
  • Q1 2020 Power Systems Research Truck Production Index (PSR-TPI) falls 31.1%

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    ST. PAUL, MN — The Power Systems Research Truck Production Index (PSR-TPI) decreased from 122 to 84, or 31.1%, for the three-month period ended March 31, 2020, from Q4 2019. The year-over-year (Q1 2019 to Q1 2020) loss for the PSR-TPI was, 116 to 84, or 27.6%.

    The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

    This data comes from CV Link™, the proprietary database maintained by Power Systems Research.

    All Regions: Prior to the spread of the Coronavirus, most regions were experiencing a slowdown in commercial truck demand. Depending on the duration of the virus, several countries are expected to slip into recession or a significant economic slowdown as a result.

    Global Index: The possibility of a global recession now exists but it is uncertain how severe this may be. Some regions will fair better than others.

    North America: The introduction of the Coronavirus along with an overcapacity of heavy trucks will lead to significantly lower demand in 2020. Prior to the Coronavirus outbreak, concerns about the Chinese tariffs and an overall slowdown in global economic growth were causing some headwinds for truck demand. 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™ News, March 2020

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    The coronavirus affected every one of the worldwide regions in which Power Systems Research operates, to one degree or another. The impact of the virus in China–and subsequently on supply chains throughout the world–can be seen in the regional reports in the March issue of PowerTALK News.

    In This Issue

    • Dealing With Coronavirus
    • Report from CONEXPO
    • Europe: New Era in EU Industry
    • DataPoint: NA Utility Vehicles
    • Brazil: Coronavirus Jeopardizes Production
    • Brazil: Peru Auto Production Drops 54%
    • China: New Emission Regulations
    • Japan: Komatsu Offers ICT Retro Kit
    • Korea: Battery Market Shares
    • Thailand: Railway Network Expands
    • India: Coronavirus Reduces Components
    • India: OEMs Hurt by China Shutdown
    • Russia: China’s Haval Builds Engine Plant
    • Russia: Claas Shifts Production from Germany
    • Russia: KAMAZ Shows Cabless Truck
    • Russia: Aurus Bike Production Planned
  • PowerTALK™ News, February 2020

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    We’ll Be Looking for You in Las Vegas

    CONEXPO-CON/AGG is North America’s largest construction trade show representing the construction and concrete industries will be opening in Las Vegas in a few weeks, and we’ll be there.  Even though we’ll have a full team at the show of nearly a dozen PSR representatives, it will be difficult to hit all of the 2,800 exhibitor areas, so let us know how we can meet up with you.

    If there’s a time that works best for us to visit with you at the show, please let us know.  Just call or drop us an email. Email us at info@powersys.com or call us at 651.905.8400, and we’ll plan to get together.   PSR

    In the meantime, here are several articles from the February issue of PowerTALK News, to keep you updated on global power equipment news.

  • 2020 Wheel Loaders/Dozers Production Forecast: 20,200

    This is an updated version of an article that initially appeared in the February 2020 issue of PowerTALK News.

    This is the estimate by Power Systems Research of the number of Wheel Loaders to be produced in the United States in 2020.

    Carol Turner
    Carol Turner

    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 combined plant totals of 47%, Caterpillar leads in production of Wheel Loaders/Dozers in the United States. In second position is Deere with 22%. Third, is Case New Holland with 8%.

    Exports: Collectively, up to 35% worldwide

    Trends: In 2018, production of Wheel Loaders/Dozers in the United States increased 3.3% over 2017.  The increase in 2018 is attributed to record mining related activities that is also the prime reason for the 2019 decline.  Production in 2019 dropped 3.6% from 2018.  The decline also is attributed to Tier 4 engine regulations and new machine designs that significantly increased machine cost.  To offset this increase, new products deliver greater production and improved profits.

    The machines are designed to carry an array of materials for construction, industrial and mining applications. Production is expected to fluctuate over the next 3-5 years based on global economic factors and conditions; we could see a gain up to 5%.   PSR

    Carol Turner is Senior Analyst, Global Operations, for Power Systems Research.

  • PowerTALK News, January 2020

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    Global truck production declined in 2019 as reflected by the Power Systems Research Q4 2019 Truck Production Index, the company reported in the January issue of its monthly publication, PowerTALK News. Also included in this issue is the Q4 2019 PowerTracker NA generator report and its Q4 2019 Global economic analysis. Other stories in this issue include:

    • DataPoint: NA Off-Road Motorcycles
    • CNH, Nikola Develop Electric Truck
    • Expectations High for Brazil Construction
    • Kubota Invests in Ag Machine Data
    • Kubota Unveils Dream Tractor Concept
    • Russia Plans Use Fee Hikes
    • Russia 2019 Auto Sales Drop
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