Power Systems Research

Eagan, MN 55121

Company Details
1365 Corporate Center Curve
Eagan, MN 55121
United States
http://www.powersys.com
Phone:1-651-905-8400

Power Systems Research (PSR) is the leading source of global production, forecast and population data for equipment and vehicles powered by internal combustion engines and electric and hybrid powertrains. PSR has been tracking the production of on-highway and off-road vehicles and equipment since 1976. PSR uses this data to develop targeted forecasts by industry segment and region. Its team of experienced analysts works with OEMs, engine and component manufacturers, dealers, fleet managers and industry experts to compile detailed and focused data that has become an industry standard. PSR analysts combine  data with industry intelligence to create unique, spot-on solutions to its clients’ needs.  

Articles & News
Adobe Stock 97833893
Q1 2024 Truck Production Index Points to Modest Decline
Power Systems Research's Truck Production Index suggests medium and heavy commercial vehicle production in many areas is expected to decline, while production in China, South America, Japan and Korea is expected to improve over last year.
May 8, 2024
The JCB hydrogen refueler and hydrogen-powered backhoe loader
Hydrogen Offers Power Options
Whether an HICE or FCEV, this power source is part of a zero-emission future.
May 11, 2023
Adobe Stock 338963808
Truck Production Index for Q1 2023
The PSR-TPI decreased from 108 to 106, or -1.9%, for the three-month period ended March 31, 2023, compared to Q4 2022.
April 13, 2023
Adobe Stock 238631978
Power Systems Research Truck Production Index for Q4 2022
The PSR-TPI measures truck production globally and across North America, China, Europe, South America, Japan and Korea, and emerging markets. Data comes from OE Link, a proprietary database maintained by Power Systems Research.
February 3, 2023
Adobe Stock 142165089
Medium- and Heavy-Duty Truck Production Expected to Decline 10% in 2022
The second quarter 2022 PSR-TPI shows gains in truck production of 11.5%.
July 18, 2022
Tractor production in North America and around the world ended 2021 on a positive note.
Global Agricultural Equipment Production Projected to be Positive Again in 2022
Agricultural equipment production ended 2021 above the previous year's levels in North America and around the world, and is forecast to increase in 2022 as well.
February 11, 2022
Products & Press Releases
Adobe Stock 28081324
Second Quarter 2021 Power Systems Research Truck Production Index Climbs 193.5%
Except for China, all regions are expected to experience solid commercial vehicle demand growth this year and into 2022.
July 16, 2021
Power Systems Research Moves European Office to New Location
Power Systems Research has moved its European Office to a new location in Brussels, Belgium.
October 30, 2012
Power Systems Research Opens Office in India
Power Systems Research announces it has opened an office in India in an effort to further expand its global presence.
October 4, 2012
Several New Hybrid Products Launched at Busworld Kortrijk 2011
Power Systems Research provides an overview of the products on display at Busworld Kortrijk 2011, which included several launches of new hybrid vehicles.
January 9, 2012
Power Systems Research Appoints New Managing Director for South America
Power Systems Research has appointed Carlos Briganti as the company's Managing Director for South America.
December 19, 2011
Power Systems Research Appoints New India Market Analyst
Power Systems Research has appointed Sunil Kulkarni as the company's new India Market Analyst.
November 29, 2011
Videos & Resources
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Power Systems Research Forecasts 13% Rebound in Mining Equipment Production in 2021
Machine replacement and electrification will provide growth opportunities for the North American mining equipment market.
April 27, 2021
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Power Systems Research Sees Strong Commercial Vehicle Demand Continuing
Freight rates, consumption and inventory restocking are expected to remain at high levels throughout 2021, leading to strong demand for commercial vehicles in North America.
March 2, 2021
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More from Power Systems Research
Adobe Stock 97833893
Q1 2024 Truck Production Index Points to Modest Decline
Power Systems Research's Truck Production Index suggests medium and heavy commercial vehicle production in many areas is expected to decline, while production in China, South America, Japan and Korea is expected to improve over last year.
May 8, 2024
The JCB hydrogen refueler and hydrogen-powered backhoe loader
Hydrogen Offers Power Options
Whether an HICE or FCEV, this power source is part of a zero-emission future.
May 11, 2023
Adobe Stock 338963808
Truck Production Index for Q1 2023
The PSR-TPI decreased from 108 to 106, or -1.9%, for the three-month period ended March 31, 2023, compared to Q4 2022.
April 13, 2023
Adobe Stock 238631978
Power Systems Research Truck Production Index for Q4 2022
The PSR-TPI measures truck production globally and across North America, China, Europe, South America, Japan and Korea, and emerging markets. Data comes from OE Link, a proprietary database maintained by Power Systems Research.
February 3, 2023
Adobe Stock 142165089
Commercial Truck Production Expected to Decline in 2022
The second quarter 2022 PSR-TPI shows gains in truck production of 11.5%.
July 18, 2022
Tractor production in North America and around the world ended 2021 on a positive note.
Global Agricultural Equipment Production Projected to be Positive Again in 2022
Agricultural equipment production ended 2021 above the previous year's levels in North America and around the world, and is forecast to increase in 2022 as well.
February 11, 2022
Adobe Stock 107982085
Off-Highway Equipment Markets Have Rebounded in 2021
Off-highway equipment production in 2021 is forecast to increase 9.5% compared to 2020, and 2022 production to be 12% higher than 2021.
September 20, 2021
More disposable income and time at home over the past year has lead to increased sales of lawn and garden equipment.
Current State of the U.S. Lawn & Garden Equipment Market
Sales of lawn and garden equipment are trending well in 2021, and expected to remain positive into the coming year.
August 16, 2021
Heavy equipment demand remains strong.
Heavy Equipment Demand Stays Strong in Second Quarter 2021
Demand for construction, agriculture and other off-highway equipment remained strong as global economies continued their recovery efforts.
July 23, 2021
Adobe Stock 28081324
Second Quarter 2021 Power Systems Research Truck Production Index Climbs 193.5%
Except for China, all regions are expected to experience solid commercial vehicle demand growth this year and into 2022.
July 16, 2021
Facebooklogo
Power Systems Research Forecasts 13% Rebound in Mining Equipment Production in 2021
Machine replacement and electrification will provide growth opportunities for the North American mining equipment market.
April 27, 2021
Power Systems Research forecasts a 13% rebound for the North American mining equipment market in 2021.
Better Times Ahead for North American Mining Equipment Market
Mining equipment production is forecast to rebound in 2021, and grow 3.8% through 2026.
April 13, 2021
Facebooklogo
Power Systems Research Sees Strong Commercial Vehicle Demand Continuing
Freight rates, consumption and inventory restocking are expected to remain at high levels throughout 2021, leading to strong demand for commercial vehicles in North America.
March 2, 2021
Adobe Stock 127871822
2021 is Looking Better for Most Global Commercial Vehicle Markets
Orders for medium- and heavy-duty commercial vehicles improved in the second half of 2020 in many global markets, indicating improved conditions in 2021.
January 11, 2021
Infrastructure funding is a silver lining for many in the construction equipment industry.
Heavy Equipment Markets are Down in 2020 and Hopes up for a Better 2021
Negative economic impacts from the COVID-19 pandemic have made 2020 a year to forget for most in the heavy equipment industries.
September 18, 2020
Agricultural and Construction Industries to see Modest Recovery in 2017
Power Systems Research reports that the global agricultural market will see a 2% gain in 2017 while the construction industry will increase 3.4%.
May 30, 2017
Power Systems Research Moves European Office to New Location
Power Systems Research has moved its European Office to a new location in Brussels, Belgium.
October 30, 2012
Power Systems Research Opens Office in India
Power Systems Research announces it has opened an office in India in an effort to further expand its global presence.
October 4, 2012
Growing Russian Construction and Mining Industry Evident at CONEXPO Russia
CONEXPO Russia 2012 demonstrated that Russia and CIS continue to be an expanding marketplace for construction and mining equipment manufacturers.
June 26, 2012
Several New Hybrid Products Launched at Busworld Kortrijk 2011
Power Systems Research provides an overview of the products on display at Busworld Kortrijk 2011, which included several launches of new hybrid vehicles.
January 9, 2012
Power Systems Research Appoints New Managing Director for South America
Power Systems Research has appointed Carlos Briganti as the company's Managing Director for South America.
December 19, 2011
Power Systems Research Appoints New India Market Analyst
Power Systems Research has appointed Sunil Kulkarni as the company's new India Market Analyst.
November 29, 2011