April 2021 Equipment Market Outlook

Stay up-to-date on heavy-duty equipment market trends and be prepared as the second half of 2021 draws near.

April 27, 2021

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Industry-leading economic firm ITR Economics provides these monthly heavy-duty equipment market trends to help OEMs stay up to date and gain more knowledge and insights to help them make better decisions.

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NEW WEBINAR: What to Consider When it Comes to Aggregate Equipment Tire Maintenance

October 1, 2024

Equipment tires play a big role in the performance of your machines and ultimately impact the operation’s productivity. Join us to learn how to best form a tire maintenance plan for your quarry and aggregate equipment.

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July 2024 Equipment Market Outlook

Data shows U.S. Construction Machinery New Orders in April 2024 were 9.8% above the year-ago level. However, prior decline in residential construction and upcoming decline in nonresidential construction signal downside pressure on related new orders.

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OEM Off-Highway Releases 2024 Product Showcase

This year's installment features 100 of the latest components and design tools now available to engineers and product development teams in the on- and off-highway mobile equipment industry.

NEW PODCAST: Mine Myth Busting

With MAXAM Tire's Phil Domm, we uncover the top five misconceptions and myths when it comes to selecting and mounting mining tires, and and how the industry can learn from these mistakes.

NEW WEBINAR: What to Consider When it Comes to Aggregate Equipment Tire Maintenance

October 1, 2024

Equipment tires play a big role in the performance of your machines and ultimately impact the operation’s productivity. Join us to learn how to best form a tire maintenance plan for your quarry and aggregate equipment.

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HAWE Highlights Sectional Valve Innovations at iVT Expo 2024

From the trade show floor at iVT Expo 2024, HAWE North America Business Development Manager Dan Fernandes talks us through the advantages and applications of the company's MICK valve.

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August 2024 Equipment Market Outlook

Q3 2024 data, U.S. steel scrap prices and elevated interest rates suggest near-term downward pressure for construction machinery new orders, despite gains in recent months.

Charlie Kanan, CEO of Waytek

Waytek CEO Announces Retirement

Charlie Kanan, CEO and board chair, has notified the Board of Directors of his intention to retire from Waytek on Dec. 31, 2026.

Christoph Thiesbrummel, vice president of sales and marketing for North American operations

BOMAG Americas Promotes Christoph Thiesbrummel to VP of Sales & Marketing

Thiesbrummel will lead BOMAG Americas’ dealer channel sales, rental channel sales, sales administration, product management and marketing activities.

SANY America the appointed David Nicoll as its new CEO, effective Aug. 8, 2024.

SANY America Names David Nicoll as CEO

The former Caterpillar VP has held global leadership positions in several businesses, including construction machines, industrial engines, marketing and dealer development.

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AEF Shares Insights With Ag Manufacturers in Tokyo

Organized through the Japan Agricultural Machinery Manufacturers Association, dozens of heavy ag equipment manufacturers were educated on ISOBUS and important equipment interoperability topics.

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John Deere Introduces E-Drive 744 & 824 X-Tier Wheel Loaders

Both new models feature the John Deere Electric Variable Transmission (EVT) E-Drive system and a quieter cab environment attributed to the constant engine speed.

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Yokohama Off-Highway Tires Releases Galaxy Giraffe ND Severe-Duty Solid Tire for Telehandlers

The puncture-proof solid construction of the Giraffe ND SDS also features a non-directional block pattern that optimizes the balance between ride quality and comfort on pavement with forward-and-reverse traction and self-cleaning on loose surfaces.

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Players Outperform Expectations in a Challenging Year

Capital goods data reveals how construction equipment OEMs fared in 2023 and the implications of these results moving forward.

The ZX210LC-7H Super Long Front (SLF) excavator provides 50 ft., 4 in. (15.35 m) of reach at ground level and a 39-ft., 2-in. (11.94-m) dig depth.

Hitachi Launches ZAXIS-7 Super Long Front Excavator

The ZX210LC-7H Super Long Front excavator provides 50 feet, 4 inches of reach at ground level and a 39 feet, 2 inches of dig depth, and a redesigned operator station featuring large space with minimal vibration and noise.

The Future of Mining Tires

Ever wonder what’s next in tire technology? Join us as we explore the latest in liquid phase mixing versus dry mixing, its origins and how it’s shaping the future of the off-road tire landscape.

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July 2024 Equipment Market Outlook

Data shows U.S. Construction Machinery New Orders in April 2024 were 9.8% above the year-ago level. However, prior decline in residential construction and upcoming decline in nonresidential construction signal downside pressure on related new orders.

Prototype L 566 H is the world's first wheel loader with a hydrogen engine.

Liebherr Creates Prototype Large Wheel Loader With Hydrogen

World's first prototype large wheel loader with hydrogen engine presented at the Liebherr plant in Bischofshofen.

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June 2024 Equipment Market Outlook

Data reveals Annual U.S. Farm Machinery Shipments ticked up in March. Although they were 11.8% below the year-ago level, April marks the fifth consecutive month of improvement as shipments recover.

Royal Eijkelkamp Terramac

Terramac Aims for Global Reach

The company's expansion into Latin America and the EMEA region comes with strategic dealer and distributor partnerships, dedicated sales representatives and commitment to core values.

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3 Ways to Increase Throughput & Decrease Costs in Your Finishing Line

Learn how OEMs can lower the total cost of their paint line while also maintaining operational standards using these strategic methods.

DEUTZ brings new assembly line on stream at its Cologne site.

DEUTZ Launches Flexible Assembly System at Cologne Site

The updated production technology used for assembly line 6 will enable large 4- to 8-liter engines to be built for the 2013 V4 and 7.8 series. Full production of the DEUTZ TCG 7.8 H2 hydrogen engine will also initially be carried out on the assembly line.

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OEM Off-Highway Celebrates 40 Years of Innovation

Uncover the brand’s origins and the driving factors that have steered its success for four decades.

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Leveraging Advanced Charging Technologies for Off-Highway Vehicle Electrification

Using the most appropriate charging solutions for their applications, OEMs can optimize the performance, flexibility and reliability of their electrified fleets, enhancing the long-term impact on business and sustainability initiatives.

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Epiroc Makes 4 Acquisitions in May 2024

The productivity and sustainability partner for the mining and construction industries has cultivated a steady steam of acquisitions aimed at developing and strengthening different areas of the business.

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Volvo CE Invests $40.5M in New Facilities

The investment in its plants in Changwon, South Korea, and Braås, Sweden, support the company's strategy to offer more sustainable solutions to its customers and meet its ambitious sustainability commitments.

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Volvo CE Unveils 6 New Excavators

The initial launch includes multiple medium and large excavator models in North America — the ECR145 short swing, EC210, EC230, EC370, EC400 and EC500 crawler excavators.