Market Analysis: Page 135

Agriculture
Farm Tractor Sales Increase 17% in the U.S. and 10% in Canada
Association of Equipment Manufacturers (AEM)
Farm tractor and self-propelled combine unit sales finished 2020 with solid growth across the U.S. and Canada.
Rows Of Modern Tractors Industrial Details
Trends
Volvo Construction Equipment Launches EW200E Material Handler
Volvo Construction Equipment
The new material handler features three boom and arm configurations, and is powered by a 173 hp Tier 4 Final engine.
Volvo EW200E Material Handler
On-Highway
Class 8 Orders End 2020 on a High Note
FTR Transportation Intelligence
Preliminary Class 8 net orders improved once again in December 2020 compared to the previous year.
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Agriculture
Technology Advancements to Drive Agricultural Machinery Market Growth
The Global Agriculture and Farm Machinery Market is estimated to reach a value of over U.S. $342.8 billion by the end of 2027.
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Operator Cab
Volta Trucks Reimagines Operator Cab for Electric Trucks
Volta Trucks
The completely redesigned operator cab of the Volta Zero electric truck puts a focus on driver comfort and safety.
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Axles
Scania Introduces Disengageable Tandem Axle
Scania AB
The new RB662 is a liftable and disengageable tandem bogie axle which enables reduced tire wear as well as a max load transfer for greater traction when unladen.
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On-Highway
2021 is Looking Better for Most Global Commercial Vehicle Markets
Orders for medium- and heavy-duty commercial vehicles improved in the second half of 2020 in many global markets, indicating improved conditions in 2021.
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Trends
Renault Trucks D Wide Z.E. Fitted with Solar Panels
Renault Trucks
Solar panels have been fitted onto the body of the electric truck to power its refrigeration unit.
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Industry News
AEM Applauds President-Elect Biden's Administration Picks
Association of Equipment Manufacturers (AEM)
AEM says it looks forward to working with the new administration officials to help advance the economy and equipment manufacturing industries.
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Trends
ZTR Predicts Top Technology Trends in 2021
ZTR Control Systems
Each of the technology shifts focus on how the heavy equipment industry moves into recovery and changes to better meet customer needs.
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Tires & Wheels
Michelin Further Expands XTRA LOAD Tire Line for Rigid Dump Trucks
The new 21.00R33 size tire completes this tire line for customers which provides increased load capacity and accommodates more distance per hour to help improve productivity.
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Software
Manufacturers to Spend US$5.8 Billion on PLM Software by 2026
ABI Research
ABI Research estimates manufacturers worldwide will increase their spending on PLM software by a CAGR of 6.2% from 2020-2026.
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