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Market Analysis
Industry News: Page 224
Smart Systems
RCT to Exhibit at Elko Mining Expo
Remote Control Technologies Pty Ltd. (RCT)
RCT will showcase its productivity and profit-boosting mobile mining fleet solutions during the expo.
Agriculture
CNH Industrial Awarded for its Innovative Contribution to Sustainability in Agriculture
CNH Industrial
CNH Industrial received the “Green Pride of Innovation in Agriculture 2018” award which recognizes best practices in the green economy, particularly those aimed at reducing waste through the use of new technologies.
Fuels & Fluids
Biofuel from Wine Residue Powers Citram Aquitaine’s Scania Interlink
Scania AB
A French transporter is operating its Scania Interlink buses on the bioethanol-based fuel ED95 made from the residue produced during the wine-making process.
Trends
E-Buses to Surge Even Faster Than EVs as Conventional Vehicles Fade
New analysis from Bloomberg New Energy Finance shows development and deployment of electric buses will continue to grow, and by 2040 80% of the global municipal bus fleet will be electric.
Industry News
Blue Bird Extends Exclusive Partnership with ROUSH CleanTech
ROUSH CleanTech
Blue Bird and ROUSH CleanTech have extended their partnership through 2025, and will continue to invest in technology to bring new products to the school transportation market, including even greater NOx reductions.
Construction
Construction Robot Market to be Worth $166.4 Million by 2023
MarketsandMarkets reports the construction robot market will grow at a CAGR of 16.8% between 2018 and 2023 due to the enhanced productivity, quality, and safety they provide.
Construction
Deere-Hitachi Celebrates 30 Years of Construction Equipment Joint Venture
John Deere Worldwide Construction & Forestry Div.
Since the start of operations as a joint venture, Deere-Hitachi has manufactured over 55,000 hydraulic excavators for the North, Central and South American markets.
Construction
Construction Equipment Market Worth $199.18 Billion by 2025
A new MarketsandMarkets reports the market will grow at a CAGR of 4.52%, driven by increasing government spending on various infrastructure activities, development of smart cities, and changing emission regulations across the world.
Agriculture
Deere Reports Second-Quarter Net Income of $1.208 Billion
Deere & Company
Equipment net sales for the second quarter climbed 34% on strength in key markets; Agriculture & Turf sales rose 22% and Construction and Forestry sales increased 84%.
Market Analysis
Shrinking the Gap
Continued technology adoption in the construction industry will help to overcome some of the challenges associated with infrastructure development.
Engines
Scania Introduces Bioethanol Engine
Scania AB
Scania has introduced a 410 hp bioethanol engine for long-distance applications, enabling carbon dioxide reductions of up to 90%.
Trends
FUSO Delivers eCanter All-Electric Trucks to First Customers in the Netherlands
Daimler AG
Twelve of FUSO's eCanter all-electric light-duty trucks will be operated by customers in the Netherlands.
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