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Market Analysis
Jim Downey
Vice President-Global Data Products, Power Systems Research.
More from Jim Downey
Market Analysis
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.
Market Analysis
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.
Market Analysis
Commercial Truck Production Expected to Decline in 2022
The second quarter 2022 PSR-TPI shows gains in truck production of 11.5%.
Agriculture
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.
Market Analysis
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.
Forestry & Lawn
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.
On-Highway
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.
Mining
Better Times Ahead for North American Mining Equipment Market
Mining equipment production is forecast to rebound in 2021, and grow 3.8% through 2026.
Market Analysis
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.