Equipment and Industry Segments Examined
DATAPOINT presents information on a specific Equipment Application and Industry
Segment each month prepared by Carol Turner, Power Systems Research Senior Analyst,
Global Operations. Industry trends and equipment specifications are provided.
Data comes from PSR proprietary databases, OE Link™ and
EnginLink™
-
2024 NA Production: Dumpers/Tenders
Download PDFDumpers/Tenders are vehicles 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.
Utility style models are versatile and are extremely popular with homeowners. Dumper/Tenders, commonly referred to as the Power Buggy, are sought after pieces of equipment, much faster than a conventional wheelbarrow and can accelerate job site related activities. PSR
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
-
2024 Combine Production: 7,100 Units
Download PDFA combine is a farm machine that harvests grain crops. Combines can reap, thresh and winnow crops into a single process. Crops include wheat, oats, rye, barley, corn, etc. Combines overall boost crop output and farm income.
Trends: In 2022, production of Combines in North America increased nearly 12.5%, climbing from 6,372 units in 2021 to 7,162 units in 2022. Production is expected to remain flat in 2023 with a nominal decrease of less than 1%. The Combine market steadily rose this past year and farmers are upgrading to new machines. PSR
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
-
2023 NA Production: Graders
Download PDFA Grader is a piece of heavy equipment used to level or smooth roads or other surfaces. Also referred to as a Road Grader or a Motor Grader.
Production of Graders in the United States (NA) increased 3.2% in 2022 over 2021. Production is expected to gain nearly 4% in 2023. Prior year declines were attributed to Tier 4 pre-buying incentives and the lull for activities that utilize graders that are predominately road related.
This product 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 57.5% of total units produced, Deere leads in production of Graders in NA. In second position with combined plant totals is Caterpillar with 29%. VT LeeBoy takes third with 1.5%.
Trends: Motor graders have a long-life, and, as a result, new machinery is not always necessary, even though construction related activities focusing on aggregate activities are ongoing. Motor graders are utilized worldwide to build and maintain roads, highways, airport, and other construction projects. These machines increase productivity and are extremely efficient. Expect production to increase up to 10% by 2025. PSR
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
-
DataPoint: North America Production of Scooters
Download PDFScooters are motorized 2-wheeled vehicles used primarily for recreational.
Production climbed sharply in 2022, increasing by 24,686 units, or 14.6%, from 2021. We expect production to climb in 2023 as well, growing by about 3,725 units or 2%.
This product 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 58% of total units produced, Honda leads in production of Scooters in NA. In second position is Italika with 42%. Third is US-based Go-Ped with 225 units.
Applications:
- Honda manufactures scooters that include models Cruising 125, DIO110, Elite Series, ADV150, PCX150, Ruckus & Metropolitan. NAVI (motorcycle crossover) produced at the Tapukara plant in Rajasthan.
- Italika manufactures a complete line up of scooters (motoneta) for industry related needs.
- Go-Ped manufactures a variety of gas scooters (12 models plus 2 electric).
Trends: In 2022, production of Scooters in NA increased 14.6%. It is expected that production will gain nearly 2% in 2023. Despite Honda having record lows in 2020, production at Honda has rallied in subsequent years, as it has at Italika. Honda reported 2020 sales of only 47,851 units, down more than 5 million units or 24% from 2019, but rallied in 2021 to post scooter sales of 90,128 units.
Increased demand for efficient and eco-friendly models will boost the electric scooter market along with the threat of rising gas prices. Not only are scooters convenient and offer independence, but they also provide faster commutes as opposed to using other modes of transportation; electric models are also extremely popular. Expect production of scooters to increase 15% by 2025.
Electric Units:
2021: 3622
2022: 4056
2023: 4039
Bell Custom Cycles 13 *
Go-Ped Werx 56
Z Electric Vehicle 3987 *
2022: * Exclusively electric
In 2022, production of Electric Scooters in NA increased nearly 12% over 2021. Production is expected to be flat in 2023. PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
-
DataPoint: North America Tractor/Loader/Backhoes (TLBs)
Download PDFTractor/Loader/Backhoes are full-size machines that are three pieces of construction equipment combined into one: the tractor, the loader and the backhoe. These units are designed to tackle an array of construction and agricultural related activities.
Mini Tractor/ Loader/ Backhoes are compact machines that perform well for trenching, landscaping, and material handling. Units are configured with a front loader and rear backhoe attachment.
The small construction segment is predicted to increase the demand for TLBs due to the machine’s efficient use in material handling and digging applications. TLBs are efficient to use for digging applications and for material handling as well (it’s an all-in-one machine). TLBs are easy to operate, especially in limited spaces and are a versatile machine.
This product 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 54%, Deere leads in production of TLBs in North America. In second position is Case New Holland with 45%; third, is Kubota with 1%.
Export: Up to 35% worldwide.
Trends: In 2022, production of Tractor/Loader/Backhoes in North America increased nearly 1%. From 2022-2023 production is expected to climb another 2%. This segment rebounded 57% from 2020-2021 from the 41% prior year decline.
The decline was attributed to weak demand for TLBs due to cost and the effectiveness of mini excavators as being a much more profitable tool than the backhoe loaders along with Covid-19 related factors. The COVID-19 global pandemic made 2020 a very challenging year across most industries, including the production of construction equipment in North America.
The off-highway segments (agricultural, construction and industrial) all saw dramatic production declines in 2020 compared to 2019. The decline also was caused by lower shipment volumes and foreign-currency exchange issues along with JCB redirecting manufacturing back to the UK.
Production will remain flat then steadily increase over the next five years. The increase: TLBs are still a significant selling pieces of construction machinery and will remain a popular machine. Expect production to gain an additional 5% by 2025.
Battery Electric:
Company: Case New Holland
2021: 13
2022: 7
2023: -0 (out of production)
From 2021-2022, production of Battery Electric TLB decreased 46.1%. Production dropped 100% from 2022-2023. Case model 580 EV has been discontinued. Production started in 2020. PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
-
DATAPOINT: NA Personal Watercraft
Download PDFJet Drive Boats are boats propelled by a jet of water ejected from the back of the craft; they have no propeller and can maneuver in shallow water. PWCs are also driven by jet water and come in several styles: Stand-Ups or Sit-Downs. They are often referred to as jet skis. Sit Downs are designed for one, two or three persons in a sitting position, one in front of the other. PWC Stand-Ups are designed for one rider standing or kneeling on the watercraft.
This product 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: Yamaha leads in production of PWC in North America with a combined plant total of 48%. In second position is Bombardier with 40.5%; third, is Kawasaki with 10.5%.
Export: Collectively, up to 30% worldwide.
Trends: In 2022, production of PWCs gained nearly 8.5% over 2021. Production is expected to drop 4% from 2022-2023. The increase in 2022 was based on high demand for recreational items, including Personal Watercraft and jet drive boats.
Even though sales skyrocketed in 2022, 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.
Battery Electric. Taiga Motors (Canada) produced electric PWC in 2021 (137 units). The company produced the same number in 2022, but electric production is expected to drop to about 125 units in 2023. PSR
Carol Turner is Senior Analyst, Global Operations for Power Systems Research
-
DATAPOINT: NA Mixers, 2023 Production
Download PDFMixers are used by a variety of industries, especially for construction applications, and mix an assortment of materials. Power Systems Research tracks the North American production of two types of mixers: one used to produce asphalt and one for mixing mortar or concrete. Asphalt Mixers/Agitators are used to manufacture asphalt, macadam and other forms of coated road stone, often called “blacktop.”
A Cement/Mortar Mixer is a mechanical mixer that uses rotating paddles attached to a horizontal axle to blend the mix ingredients of mortar or concrete.
This product 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.
Battery/Corded Electric Units: Production of electric units are expected to increase by 23% in 2023 over 2022, climbing 1,300 units to about 6,800 units this year powered by either battery or cords. In 2023, electric units (battery and corded) will be about 2% of total North American Mixer production. PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
-
DATAPOINT: NA Off-Highway Trucks 2023 Production
Download PDFUnlike On-Road Trucks, Off-Highway Trucks are specifically designed to work in punishing environments and are made to haul material and debris around a work site. These purpose-built vehicles are not constrained by the weight limits of their smaller on-road counterparts.
Expect production to increase 5% by 2025 as the need for new equipment for mining operations increases. It is speculated that there will be growth in the excavation of iron ore, nickel and bauxite followed by gold and copper. PSR
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
-
DATAPOINT: NA Lawn Mower 2023 Production
Download PDFLawn mowers are produced in many designs and power sources and are designed to cut grass in lawns and public areas such as parks and golf courses. Robotic Mowers autonomously mow an area. Walk Behind Reel Mowers use blades set on a revolving cylinder or reel to cut grass. These mowers are powered either through human effort or engine power; when the reel mower is moved forward the reel moves, cutting the grass.
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
-
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
TPI
PSR Truck Production Index
Free quarterly global commercial vehicle production report.
Alternative Power Report
The latest EV and power source news including batteries and fuel cells with analysis by PSR experts.
PowerTALK News
Stay informed each month with insights from Power Systems Research’s analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe View Archive
OE Link™ Offers
Global Coverage
OE Link™ database provides OEM products, both On-Road and Off-Road, in 12 regions.
Current Reports
Download complimentary reports that show the type of information available from Power Systems Research.
PowerTALK News
Stay informed each month with insights from Power Systems Research analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe