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Market Analysis: Page 40
Electronics
Siemens & Microsoft Partner to Drive Cross-Industry AI Adoption
Siemens Industry Inc.
The partnership aims to both improve human-machine collaboration in manufacturing and simplify virtual collaboration of design engineers, frontline workers, and other teams across business functions.
Cooling
Multi-Wing Group Acquires VIP Air Empowerment
Multi-Wing International A/S
The acquisition contributes to Multi-Wing’s transition to fan solutions, and underlines its commitment to build high performance axial fan solutions.
Industry News
Cummins Teams Up With Terex & More for Real-World Hydrogen Ecosystem
Cummins Inc.
The four-company collaboration will spearhead a complete and viable approach to decarbonizing mixer trucks, without impacting vehicle performance.
Transmissions
ZF Reveals Transmission Repower Series ZF 3100 A for Sport Fishing Boats
ZF North America
Compact yet powerful, the new offering allows sport fishing vessels to achieve maximum speed, acceleration and low-speed maneuverability.
Industry News
Yanmar America Unveils E-Tractor
Yanmar America Corp.
This marks the debut of the electric tractor concept, which offers users a versatile powertrain selection tailored to their specific work needs.
Power Systems
Vanguard Debuts New Motors, Motor Controllers & Diversified Battery Portfolio
Briggs & Stratton (Vanguard)
The company is on a mission to make it easier for OEMs to incorporate battery power into their equipment offerings, because more industries are expecting and demanding reliable, clean battery power.
Testing
Freudenberg Sealing Technologies Installs Advanced Battery Test Lab at North American Headquarters
Freudenberg Sealing Technologies - NOK
The multimillion-dollar investment will facilitate in-house battery and battery component testing, including simulated thermal runaway, and will increase the company’s product development capabilities in the field of electric vehicles.
Engines
Cummins Names Amy Davis President of Components Business Segment; She Will Continue to Lead Accelera
Cummins Inc.
Davis will assume leadership of both the Accelera and Components Business Segments, serving as vice president and president – Accelera and Components, effective Nov. 1, 2023.
Trends
Daimler Truck North America Begins Series Production of Freightliner eM2 Battery Electric Trucks
Daimler Truck North America LLC
The eM2 features a proprietary, fully integrated, battery electric Detroit ePowertrain. Execs say this release marks another important milestone on the company's journey to a zero-emissions product line.
Control Valves
Eberspaecher Launches Gas Control Valve to Regulate Mass Flows in Fuel Cell Systems
Eberspaecher
The exhaust specialist releases its first product for fuel cell systems. The component is designed for use in all segments – take fuel cell-powered passenger cars, commercial vehicles, trains, mobile power generators or off-highway vehicles.
Market Analysis
October 2023 Equipment Market Outlook
ITR Economics
Data shows a 12% growth rate in annual new orders of construction machinery in the U.S., however a softening macroeconomy and deflation in some commodities signal a slowdown in both private nonresidential and total public construction.
Engineering & Manufacturing
Navistar Begins Production of Its Newest & Final Combustion Product at Alabama Plant
Navistar International Corp.
The International S13 Integrated Powertrain marks the final combustion product platform that the company will develop as it transitions toward zero-emissions vehicles.
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