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Market Analysis: Page 20
Trends
Volvo CE Unveils 6 New Excavators
Volvo Construction Equipment
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.
Control Units
Danfoss Releases IK1-G Remote Control
Danfoss - Danfoss Power Solutions
Designed for telescopic, service and loader cranes, as well as tow trucks, and aims to offer safe, one-handed remote operation of machine functions with high configurability.
Engines
Volvo to Launch Hydrogen-Powered Trucks
Volvo Trucks North America
The company's on-road tests with trucks using hydrogen in combustion engines will begin in 2026, and the commercial launch is planned toward the end of this decade as part of its net zero goal.
Engines
Accelera Launches Next-Gen Hydrogen & Electric Solutions for Commercial Vehicles
Cummins Inc.
New versions of the company's hydrogen fuel cell engines, a high-efficiency eAxle and its next-generation batteries are among the new products Accelera unveiled at the Advanced Clean Transportation (ACT) Expo in May 2024.
Market Analysis
May 2024 Equipment Market Outlook
ITR Economics
This month's data indicates construction machinery new orders had a mild uptick in growth, coming in 12.5% above the year-ago level. The growth rate has been oscillating in the low double-digits for more than a year.
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.
Fluid System
Danfoss Power Solutions Names Domenico Traverso President of Fluid Conveyance Division
Danfoss - Danfoss Power Solutions
Traverso steps into the new role June 1, 2024, and will also continue to serve as president, Incubation division, and lead the Business Development and Innovation function.
Mining
Epiroc Completes Arizona Competency Center for Surface Mining
Epiroc
The move establishes a state-of-the-art 28,000-square-foot facility to provide advanced support for surface mining customers, thereby fostering business growth in the region.
Mining
Scania Open for Orders of Autonomous Mining Solutions
Scania AB
The company's 40-tonne autonomous heavy tipper for mining will first become available in Australia, with deliveries and start of operation scheduled from 2026.
Drivetrains
BAE Systems & Eaton Test Electric Drive Tech on Commercial Truck
BAE Systems
Tests on the Class 7 demonstration vehicle met key on-road performance goals, including gradeability and highway speed, all within a single electric vehicle (EV) system. The compact system helps increase electrical efficiency and reduce vehicle weight.
Industry News
Bobcat Adds Stationary Fuel Cells to 2 Factories
Bobcat Company
The recently commissioned fuel cells allow Bobcat to diversify its energy sources by supplying a majority of the annual power and heat needs of the Bismarck, North Dakota, facility and about half the needs of the Gwinner, North Dakota, facility.
Power Systems
Can Battery Swapping Make a Success of Off-Highway Electrification?
Interact Analysis
Go inside this emerging solution for the electrification of off-highway machines and its potential for widespread applications at construction sites, quarries and farms.
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