Market Analysis: Page 127

Trends
New Holland Agriculture Outlines Company Strategy, New Agriculture Equipment
New Holland Agriculture
The company will continue expanding its product offering, which includes bringing its methane powered tractor to the market by the end of 2021.
New Holland Agriculture has outlined its strategy for 2021 which includes several new equipment models entering the market.
Mining
Epiroc Taking New Approach to North American Mining Market
Epiroc
The company will approach the U.S. and Canadian segments as one North American market to better meet increasing demand for electrification solutions.
Epiroc Scooptram Batteries As A Service
Trends
Kubota Updates Wheel Loader Lineup
Kubota Tractor Corp.
The Kubota R540 and R640 wheel loaders feature improved visibility and enhanced operator comfort.
Wheel loader
Industry News
USPS Selects Oshkosh Defense to Produce Next Generation Delivery Vehicle
Oshkosh Corporation
The purpose-built mail and package delivery vehicles will be equipped with either fuel-efficient engines or battery-electric powertrains.
The Next Generation Delivery Vehicle will include enhanced ergonomics and visibility.
Market Analysis
Global Off-Highway Equipment Market to Grow 6.5% in 2021
The COVID-19 pandemic cut 2020 global off-highway equipment growth to 2.6% but a recovery to 6.5% is projected for 2021.
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Manufacturing
Biden Executive Order Looks to Solve Semiconductor Chip Supply Shortage for Manufacturers
The executive order will examine ways to improve supply chains and promote U.S.-based manufacturing of semiconductor chips and other high-demand products.
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Trends
OEM Industry News Briefs: John Deere Introduces New Forestry Technology
This week's news highlights include Scania naming a new CEO, truck OEMs marking electrification milestones, and new John Deere forestry technology.
The new John Deere new six-wheel 768-II Bogie Skidder.
Manufacturing
Metalforming Companies Expect Little Economic Change but Lead Times Draw Concern
Precision Metalforming Association (PMA)
PMA's February Business Conditions Report shows business conditions are steady but material lead times continue to increase, which is causing concern for many manufacturers.
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Power Systems
Nikola Announces Plans for North American Fuel Cell Vehicles
Nikola Corporation
After the initial launch of its Tre battery-electric vehicle, Nikola plans to introduce fuel-cell electric cabover and sleeper trucks in North America.
The Nikola Tre FCEV Cabover is targeted for distances up to 500 miles.
Transmissions
ZF PowerLine Automatic 8-Speed Transmission
ZF Friedrichshafen AG
The PowerLine transmission features a modular design to suit a range of commercial vehicle applications.
Zf Power Line
Market Analysis
Heavy Equipment Markets See Positive End to 2020 and Brighter Outlook for 2021
Despite the challenges of 2020, many manufacturers in the heavy equipment industries saw improvement in the fourth quarter and anticipate a better 2021.
Construction activity picked up in the later half of 2020, helping to increase equipment demand for many manufacturers.
Electric Motors
BorgWarner HVH 320 800V Electric Motor for Commercial Vehicles
BorgWarner Inc.
BorgWarner's High Voltage Hairpin 320 motor is capable of 97% peak efficiency.
Borgwarner Electric Motor 800volts
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