News

Global Snowmobile Market Forecast for $2.42 Billion

Michael Aistrup

The Global Snowmobile Market size was valued at $1.62 billion in 2023, according to Power System Research, and is estimated to register a CAGR of 5.1% between 2023 and 2031 with a projected market value of $2.42 billion in 2032. 

Source: Power Systems Research

North America Is Major Snowmobile Market

According to the International Snowmobile Manufacturers Association (ISMA), 82% of snowmobile sales are in North America.

Source: Power Systems Research

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Deutz and Rolls Royce Engine Deal Approved

EUROPE REPORT 
Emiliano Marzoli
Emiliano Marzoli

DEUTZ and Rolls-Royce’s Power Systems division have completed the transaction for DEUTZ to take over the sales and service activities for various Daimler Truck industrial engines. The transaction relates specifically to engines with displacements from 5 to 16 litres and power output of up to 480 kW.

Under the completed transaction, DEUTZ will take over distribution of the MTU Classic model series and the MTU 1000 to 1500 engine series, which are based on three Daimler Truck engine platforms. These engines are used in a range of off-highway applications, mainly in the agricultural machinery and construction equipment sectors.

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Maersk Continues Investments in Fleet Decarbonization

Natasa Mulahalilovic
Natasa Mulahalilovic

The Danish A.P. Moller & Maersk, the second largest container shipping company in the world, has set a goal to reach zero-emission container shipping by 2040. The Maersk ambitious objective is much advanced compared to the global shipping industry objective to meet net-zero carbon emissions by 2050 to fight against 3% of the global greenhouse emission that they are responsible for.

The program initiated in 2021 aims to renew the fleet of 707 container ships, 304 owned and 403 long-time-chartered, with dual-fuel vessels and propulsion systems. Contracts with different partners and suppliers are in the process of being signed. The giant has chosen to combine methanol and liquified gas bio-LNG for the propulsion systems of its renewed green fleet. The exact split of propulsion technologies will be determined over time considering the latest regulatory requirements and green fuels supply.

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Marcopolo Volare Unveils Hybrid Ethanol 1.0 Micro Bus

BRAZIL/SOUTH AMERICA REPORT 
Fabio Ferraresi
Fabio Ferraresi

During Latbus 2024 in São Paulo, Volare unveiled its Attack 9 HVE, Brazil’s pioneering ethanol hybrid minibus. The project is being developed by Volare, a division of the Marcopolo group, in collaboration with Horse and WEG. Although presented in 2024, the official market release is scheduled for 2026.

The vehicle is powered by a 1.0-liter, three-cylinder ethanol engine supplied by Horse, which also functions as an electric generator. This generator supplies energy to recharge the batteries of WEG’s electric drive system. The internal combustion engine operates for only one-third of the vehicle’s total operational time, maintaining an optimal rotational speed of approximately 3,000 rpm.

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Alternative Power Report, August 2024

The August issue of PSR’s Alternative Power Report includes several articles on battery development, including ones describing news at Tesla. This month’s report also includes news on hydrogen power and the decline in diesel sales. PSR

Guy Youngs is Forecast and Technology Adoption Lead at Power Systems Research