Timely Discussion of Industry News
PSR PowerTALK™ Podcast features experts from the global engine and powertrain industry discussing news and trends that affect operations worldwide. Power Systems Research (PSR) is the leading source of global production, forecast, and population data for equipment and vehicles powered by IC engines and electric and hybrid powertrains.
Where to listen:
The views expressed in our podcasts are those of the guests and their appearance on the program does not imply an endorsement by Power Systems Research of them or any entity they represent.
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Edge Computing: U of MI Solar Car
John Krzesicki speaks with Will Jones, the project manager for the University of Michigan’s Solar Car Team.
Transcript
Hello! My name is John Krzesicki. It’s my pleasure to host the Power Systems living on the edge series. The show is where we have conversations with industry experts on their insights into mobility’s future and impact on cities and industry. As a business development manager with PSR, I can talk with our clients about how they prepare for the future. Our clients and their suppliers are going through a significant paradigm shift as they move from an entirely Internal combustion engine to alternative power. As we all know, today’s designs incorporate technology and software to be more innovative, competitive, and efficient. Our clients are looking for cutting-edge alternative power to power their equipment. Today’s topic is Solar Cars.
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DATAPOINT: 2021 NA Golf Car Production
Today Joe Delmont presents the 2021 forecast for Combine production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.
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Edge Computing: Healthcare
In his ongoing series on edge computing, John Krzesicki talks with returning guest Carrie Geotz about edge computing in the healthcare industry.
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DATAPOINT: 2021 NA Production of Tractors
101,500 units is the estimate by Power Systems Research of the number of tractors to be produced in North America during 2021. In this report, we consider North America to include Canada, Mexico and the United States.
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 75% Deere leads in production of AG tractors in North America with about 63,200 units. In second position is Kubota (8,000 units) with 9.5%. Third is Case with about 8%.
Worldwide Distribution: Canada exports about 75% of its North American Ag Tractor production, Mexico, about 60%, and the United States, up to 45% of its total production.
Trends: In 2020, production of Ag tractors in North America decreased nearly 24% to only 84,600 units. Production is expected to rebound 20% in 2021 to more than 101,500 units. COVID-19 related factors played a role in the decline last year, especially for parts availability and equipment inventory levels. Expect production to increase 10% by 2025. PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
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North America Economic Outlook – November 2021
Yosyf Sheremeta, PhD, Director of Product Management and Customer Experience, takes a look at what’s in store for the industry segments we follow for the rest of 2021 and beyond.
Transcript
Welcome to the PSR PowerTALK podcast produced by Power Systems Research.
00:06 Joe Delmont
From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK.
Today we’ll talk with Yosyf Sheremeta about the economic outlook for North America.
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DATAPOINT: 2021 North America Combines
Today Joe Delmont presents the 2021 forecast for Combine production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.
Transcript
Welcome to the PSR PowerTALK podcast produced by Power Systems Research.
00:06
From Power Systems Research, I’m Joe Delmont, editor of PSR PowerTALK.
Today we’ll discuss a data point covering 2021 North American production of combines. When we talk about North America in this podcast, we mean the United States only.
This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.
00:39
Combines, overall, boost crop output and farm income. We expect that production of these units in North America this year will be about 6300 units. That would be up about 400 units or 7 1/2% from 2020. The gain is mainly due to increased optimism by farmers regarding their future prospects.
01:05
In 2020 we saw a huge drop from the previous year. 2020 production was 5850. Down nearly 8%, or about 500 units, from 2019. Even with an increase this year, annual production will still be slightly less than that of 2019, when 6400 units were built. Production this year will be about flat with 2019.
01:33
As much as 30% of US production of combines is shipped worldwide.
COVID-19 related factors played a role in the decline in 2020, of course; especially for parts availability and the drop in orders for new machinery.
Sales of combines picked up in the fourth quarter last year after a tough spring for sales.
Curt Blades, Senior VP of Agriculture for AEM, “The increase reflects farmer sentiment about the future of their operations.” he says. “It’s really a good early indicator of whether folks are enthusiastic about where markets are headed.”
This is a favorable sign. A few years ago, farmers were reluctant to buy or trade in pricey equipment because of lower commodity prices. In 2017, for example, production and purchases of new combines rebounded. The gain was attributed to an increase in commodity prices, such as corn and soybeans, that peaked in 2013 and 2014.
Expect production of combines in the US to gain as much as 10% by 2025.
02:47
This data is pulled from two of the major Power Systems Research databases: OE Link — the database of OEM production and forecast data, EnginLink — which provides engine production, forecast, and specification data.
Look for Datapoint reports every month in the PSR PowerTALK news report and on this podcast.
Contact us for more information on other off-road products and Ag related equipment.
03:17
To read a transcript of this podcast, visit the website at powersys.com and click on the podcast archive.
Thank you for joining the PSR PowerTALK podcast. This podcast will be available on demand. Search for “PSR PowerTALK” in your podcast app or Google “Power Systems Research” to sign up today.
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Russia Economic Outlook – October 2021
Maxim Sakov
Market Consultant Russia
Maxim Sakov, Market Consultant-Russia for Power Systems Research, discusses his Q3 2021 economic outlook for Russia in this episode of PSR PowerTALK.
Transcript
Welcome to the PSR PowerTALK podcast produced by Power Systems Research.
00:06 Emiliano Marzoli
Hello everyone. From Power Systems Research, I’m your host, Emiliano Marzoli, editor of PSR PowerTALK. And today we’ll discuss the economic outlook for Russia with Maxim Sakov, our market consultant in Moscow.
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DATAPOINT: 2021 NA Motorcycle Production
Today Joe Delmont presents the 2021 forecast for Motorcycle production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.
Transcript
Welcome to the PSR PowerTALK podcast produced by Power Systems Research.
00:06
From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK. Today we’ll discuss a datapoint covering 2021 North American production of on-road motorcycles.
When we talk about North America in this podcast, we mean Mexico and the United States only. For purposes of this podcast, the motorcycle unit is defined as any two-wheeled on-road vehicle. Other three-wheeled vehicles such as the BRP Spyder and the Polaris Slingshot are classified as motorcycles by the Department of Transportation, but they are included in other of our production reports.
This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.
00:58
We expect that production of the motorcycle units in North America this year will be about 525400 units. That would be up about 7100 units, or almost 16%, from 2020. The gain is mainly due to increased production by Italika in Mexico.
In 2020, we saw a huge drop in production from the previous year. 2020 production was 453300 units. Down nearly 19%, or about 104000 units, from 2019.
Even with a strong increase this year, annual production will still be 32000 units less than that of 2019, when 557400 units were built. This years production is still down about 6% from 2019.
01:56
Mexico-based Italika leads in the production of on road motorcycles with 54% of total units produced in North America. In second position is Harley-Davidson with 44%, and 3rd is Polaris Industries, with only about 2%.
As much as 20% of US production of on-road motorcycles is shipped worldwide. Leading producer Italika exports throughout Central and South America to countries such as Guatemala, Honduras, Panama, Peru, Brazil and Puerto Rico.
Italika reports record first half 2021 sales of 480000 units for all products; up 33% from 2020 and up about 2% from 2019, thanks to outstanding performance in Mexico. The company has plans to expand its Toluca plant to make up to 750000 units per year. Sales demand is being driven by the fact that motorcycles are a more affordable alternative to using mass transit. The increase is attributed to the demand for new fuel efficient models along with seasonably warm spring and fall weather. Lower pricing has also led to an increase in purchases.
03:13
However, the motorcycle market overall is losing buyers. Industry’s observer notes that baby boomers have been the main target in the motorcycle industry for the last four decades; but, millennials have not been purchasing motorcycles. This is mostly due to age and financial factors.
Boosted by COVID-19 factors, expect production to gain as much as 10% by 2025.
03:41
This data is pulled from two of the major Power Systems Research databases: OE Link — the database of OEM production and forecast data, and EnginLink — which provides engine production forecast and specification data.
Look for datapoint reports every month in the PSR PowerTALK news report and on this podcast.
Contact us for more information on other off-road products and on-highway vehicles.
04:09
To read a transcript of this podcast, visit the PSR website at powersys.com and click on the podcast archive.
Thank you for joining the PSR PowerTALK podcast. This podcast will be available on demand. Search for “PSR PowerTALK” in your podcast app or Google “Power Systems Research” to sign up today.
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Q3 2021 European Economic Outlook
In this episode of PSR PowerTALK, Christopher Bamforth, European Market Analyst for Power Systems Research, comments on his Q3 2021 outlook for the European economy.
Transcript
Welcome to the PSR PowerTALK podcast produced by Power Systems Research.
00:00:06 Emiliano Marzoli
From Power Systems Research I am Emiliano Marzoli, editor of PSR PowerTalk, and today we’ll discuss an update on the economic outlook for Europe with Christopher Bamforth, our European Market Analyst.
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DATAPOINT: 2021 Tactical Military Vehicles
Today Joe Delmont presents the 2021 forecast for Tactical Military Equipment production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations, at Power Systems Research. Carol provides annual production forecasts for important equipment applications.
Transcript
Welcome to the PSR PowerTALK podcast produced by Power Systems Research.
00:06
From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK.
Today we’ll discuss a datapoint covering 2021 North American production of tactical military equipment.
When we talk about North America in this podcast, we mean Canada and the United States. For purposes of this podcast, the tactical military equipment is defined as any tracked and wheeled vehicle for land-based military transport and activity.
This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.
00:52
We expect that production of these units in North America this year will be about 7400 units. That would be up about 1200 units, or 20% from last year.
In 2020 we saw a big drop from the previous year. 2020 production was down nearly 24%, or nearly 2000 units from 2019.
As much as 70% of North American production of tactical military equipment is shipped worldwide.
01:26
Oshkosh Defense leads in the production of these military units with 52% of total units produced. In second position is AM General with about 39%, and 3rd is General Dynamics Land Systems with combined plant totals of about 4%.
01:46
Orders for new military equipment are on the increase along with the remanufacturing of existing units.
The outlook is especially positive for Oshkosh Defense, which produces the Joint Light Tactical Vehicle, dubbed the JTLV. This unit is expected to replace a large number of the humvee fleets now operated by the Army and the Marines. According to the Marine Corps, orders for the JTLV could increase significantly in the coming years as interest grows among Defense Department customers and overseas allies. Oshkosh Defense, which has delivered more than 100,000 tactical armored vehicles, has been selected as the prime contractor.
Expect production to increase up to 10% over the next five years as defense budgets increase for new military vehicles.
02:43
This data is pulled from two of the major Power Systems Research databases: OE Link — the database of OEM production and forecast data, and EnginLink — which provides engine production, forecasts, and specification data.
Look for datapoint reports every month in the PSR PowerTALK news report and on this podcast.
Contact us for more information on other off-road products and on-highway vehicles.
03:12
To read a transcript of this podcast, visit the PSR website at powersys.com and click on the podcast archive.
Thank you for joining the PSR PowerTALK podcast. This podcast will be available on demand. Search for “PSR PowerTALK” in your podcasts app or Google “Power Systems Research” to sign up today.
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