Equipment Market Outlook: Page 4

Engines
Optimizing & Designing Engines for the Future
John Deere Power Systems
As construction navigates the adoption of new technologies and changes in regulations, OEMs are optimizing diesel engine architecture to support future technology innovations.
No aftertreatment means end users have one less fluid to manage.
Engines
Cummins & Isuzu Motors Limited Introduce New 6.7-Liter Engine
Cummins Inc.
The new 6.7-liter engine, jointly developed by the two companies, will power on-highway truck applications built for the Japanese market and will be available for the Asia Pacific markets and other global markets later this year.
Cummins Logo Signage Social (1)
Market Analysis
April 2024 Equipment Market Outlook
ITR Economics
Data suggests business confidence is improving, especially in the private nonresidential construction sector. However, borrowing conditions remain restrictive, signaling the further slowing of growth in construction ahead.
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Engineering & Manufacturing
Red Alert: Why Yanmar CE Dropped Its Yellow Livery
Yanmar Compact Equipment
As part of the company's shift in market approach, execs explain the strategy behind the brand's 2020 departure from conventional yellow machine livery to today's Premium Red.
Radiant In Red Pic
Market Analysis
February 2024 Equipment Market Outlook
ITR Economics
Data shows mining production in the U.S. was 4.9% higher in 2023 than in 2022, with annual production continuing to rise at a slowing pace. However, a weakening macroeconomy will reduce demand for mined raw materials in the quarters ahead.
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Market Analysis
January 2024 Equipment Market Outlook
ITR Economics
While positive momentum in some areas, such as construction machinery orders, may suggest improvement, the potential for mild macroeconomic decline still looms for several areas of the economy.
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Market Analysis
December 2023 Equipment Market Outlook
ITR Economics
Data suggests there is potential to resume a pattern of near-term growth. However, experts warn this is unlikely given other factors, including declining corporate profits, elevated interest rates and softening consumer finances.
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Trends
State of the Industry: Off-Highway Challenges & Opportunities
Get seven professional perspectives and predictions about what's shaping the 2024 OEM landscape.
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Market Analysis
November 2023 Equipment Market Outlook
ITR Economics
Annual new orders of construction machinery in the U.S. hit a record high, up 11.5% above the year-ago level. However, machinery production is moving lower from a tentative May 2023 peak.
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Agriculture
AGCO to Acquire Trimble Ag Assets & Technologies Via Joint Venture
AGCO Corporation
The transaction creates a global mixed-fleet precision agriculture platform and enhances AGCO’s comprehensive technology offering around guidance, autonomy, precision spraying, connected farming, data management and sustainability.
Trimble President & CEO Rob Painter (left); AGCO Chairman, President & CEO Eric Hansotia (right).
Market Analysis
August 2023 Equipment Market Outlook
ITR Economics
Economic data indicates an approaching low for the U.S. industrial sector. On the construction machinery front, struggles suggest weakness ahead for new orders, with equipment rentals likely growing in popularity relative to equipment purchases.
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Market Analysis
Inside the Data: What's the Latest on US Construction Machinery New Orders?
ITR Economics
Rentals may be on the rise as elevated interest rates and slowing economic activity hinder demand for construction and related machinery purchases in the coming quarters.
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