Market Analysis: Page 95

Market Analysis

Off-Highway Equipment Markets Have Rebounded in 2021

Power Systems Research

Off-highway equipment production in 2021 is forecast to increase 9.5% compared to 2020, and 2022 production to be 12% higher than 2021.

Adobe Stock 107982085

Vermeer Partnering with Conmeq to Supply AS15 Fully Electric Mini Skid Steer Loaders to European Jobsites

The AS15 is configured using a fully electric propulsion system which offers more direct power to each of the four independent wheel motors, providing efficient battery usage and high expected run times.

Vermeer Conmeq

Rolls-Royce and Flanders Electric Offer Retrofit Kit for Hybridizing Mining Trucks

Rolls-Royce Solutions GmbH

The retrofit solution will utilize mtu engines, batteries and hybrid control systems, and Flanders drivetrain solutions to help reduce emissions and improve efficiency of mining trucks.

Rr Flanders Hybrid Haul Truck

Automation and Robotics Key to Overcoming Labor and Other Industry Challenges

Business strategies should include automation and robotics to help extend the careers of experienced employees while also making work easier and safer.

Will Healy

Opportunities Exist for Continued Advancements in Diesel Engines

John Deere Power Systems

New technologies and control solutions will provide continued improvements in performance and emissions reduction capabilities.

OEMs Can Leverage More Benefits From Modern Telematics Solutions

Telematics can provide a wealth of information beyond fleet management which OEMs should take advantage of to offer customers a better service experience.

Proemion R Mjr

Industry Challenges Provide Opportunities

Siemens Digital Industries Software (formerly Siemens PLM Software)

OEMs can use common industry challenges as an opportunity to change how they engineer their products to better serve customers.

Siemens Hendrik

eMobility Offers Exciting New Opportunities

Dana Incorporated

New advancements in eMobility technologies will bring performance enhancements to off-highway applications.

Dana Incorporated Marcus King (1)

Signs of Continued Optimism for Construction Equipment Industry

Case Construction Equipment

Demand for equipment will remain high, and will likely be aided by the impending infrastructure bill in the U.S., while technology advancements continue to bring performance improvements.

Terry Dolan

IoT Solutions Offer Huge Potential to Improve Machine and Process Management

Data collection at the machine will increase and enable deeper analysis in the cloud to improve efficiency and processes.

Janosch Fauster

Pressure to Reduce Emissions and Labor Shortages are Two Biggest Drivers of Change

Poclain Hydraulics Inc.

Reducing emissions and overcoming labor shortages will push the heavy equipment industry to find innovative technologies and solutions.

Emissions Regulations Will Drive Electrification

Diesel will continue to play a key role in the off-highway equipment industry, but emissions regulations will be a driver for further electrification.

J Israel

Page 95 of 1270