March 2023 Equipment Market Outlook

November U.S. construction machinery new orders hit record high. While the U.S. leading indicator decreased, most other indicators in this report are above previous levels. Download this FREE report to gain top industry information and insights.

February 24, 2023

March 2023 Equipment Market Outlook

Industry-leading economic firm ITR Economics provides heavy-duty equipment market trends to help OEMs stay up to date on top industry information and insights which can help them make better decisions during 2023.

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STW Technic Launches Online Training Academy

The digital platform seeks to empower OEM teams with comprehensive training programs that are effective, convenient, and affordable.

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iVT Expo 2024: Customized Technology for Electrified Transmission, Gearbox Technology

Tomi Dewes at Katsa by Twin Disc discusses several developments they are working on for on- and off-highway vehicles relating to gearboxes and electrical transmissions at iVT Expo 2024.

NEW PODCAST: MINExpo Live: More Than Meets the Eye

NEW PODCAST: MINExpo Live: More Than Meets the Eye

Behind the scenes from the trade show floor, including new products for underground and surface mining and the challenges of producing massive mining tires, with insights from MAXAM Tire's Matt Fagan.

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Navigating the Emissions Roadmap

Understanding today’s developing regulations and what’s on the horizon for on- and off-highway OEMs.

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What's Ahead for Hydrogen Combustion Applications?

As OEMs zero in on the future of engine technology, hydrogen solutions become contenders amid the energy transition.

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Inside the Idea of Elevating Grader Attachments

Learn how this machine experienced a mid-century revival as the concept was adapted to motor graders.

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Empowering Engineers on the Road to a More Sustainable Future

How OEM leaders can build a sustainability strategy, meet industry requirements and positively impact their bottom line.

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The Digital Revolution in the Off-Highway Industry

Learn how integrating machines, cloud technology and data opens new possibilities for improving efficiency and pioneering new ways of working.

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OEM Off-Highway's Top New Products of 2024

Meet this year's winners and honorable mentions across six main product categories representing today's best product offerings in on- and off-highway mobile equipment design.

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Parker & Fraunhofer Re-Up Partnership for Advanced Fuel Cell Air Filter Technology

The pair aims to ensure that filters used in fuel cells can effectively remove harmful gases such as NOX, SOX, ammonia and volatile organic compounds, in turn enhancing the efficiency and lifespan of fuel cells.

The advanced testing facility’s controlled thermal environments and dynamometer road simulations can replicate a broad range of duty cycles, offering the ability to test vehicle performance under various extreme conditions.

Cummins to Test Powertrains at Allison’s Vehicle Electrification + Environmental Test Center

The facility supports a wide range of vehicle testing, including those powered by diesel, gasoline, natural gas, hydrogen and battery electric systems.

Mine Myth Busting

With MAXAM Tire's Phil Domm, we uncover the top five misconceptions and myths when it comes to selecting and mounting mining tires, and and how the industry can learn from these mistakes.

NEW WEBINAR: What to Consider When it Comes to Aggregate Equipment Tire Maintenance

October 1, 2024

Equipment tires play a big role in the performance of your machines and ultimately impact the operation’s productivity. Join us to learn how to best form a tire maintenance plan for your quarry and aggregate equipment.

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HAWE Highlights Sectional Valve Innovations at iVT Expo 2024

From the trade show floor at iVT Expo 2024, HAWE North America Business Development Manager Dan Fernandes talks us through the advantages and applications of the company's MICK valve.

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August 2024 Equipment Market Outlook

Q3 2024 data, U.S. steel scrap prices and elevated interest rates suggest near-term downward pressure for construction machinery new orders, despite gains in recent months.

NEW PODCAST: MINExpo Live: More Than Meets the Eye

NEW PODCAST: MINExpo Live: More Than Meets the Eye

Behind the scenes from the trade show floor, including new products for underground and surface mining and the challenges of producing massive mining tires, with insights from MAXAM Tire's Matt Fagan.

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BOMAG Americas Promotes Christoph Thiesbrummel to VP of Sales & Marketing

Thiesbrummel will lead BOMAG Americas’ dealer channel sales, rental channel sales, sales administration, product management and marketing activities.

SANY America the appointed David Nicoll as its new CEO, effective Aug. 8, 2024.

SANY America Names David Nicoll as CEO

The former Caterpillar VP has held global leadership positions in several businesses, including construction machines, industrial engines, marketing and dealer development.

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AEF Shares Insights With Ag Manufacturers in Tokyo

Organized through the Japan Agricultural Machinery Manufacturers Association, dozens of heavy ag equipment manufacturers were educated on ISOBUS and important equipment interoperability topics.

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John Deere Introduces E-Drive 744 & 824 X-Tier Wheel Loaders

Both new models feature the John Deere Electric Variable Transmission (EVT) E-Drive system and a quieter cab environment attributed to the constant engine speed.

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Yokohama Off-Highway Tires Releases Galaxy Giraffe ND Severe-Duty Solid Tire for Telehandlers

The puncture-proof solid construction of the Giraffe ND SDS also features a non-directional block pattern that optimizes the balance between ride quality and comfort on pavement with forward-and-reverse traction and self-cleaning on loose surfaces.

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Players Outperform Expectations in a Challenging Year

Capital goods data reveals how construction equipment OEMs fared in 2023 and the implications of these results moving forward.

The ZX210LC-7H Super Long Front (SLF) excavator provides 50 ft., 4 in. (15.35 m) of reach at ground level and a 39-ft., 2-in. (11.94-m) dig depth.

Hitachi Launches ZAXIS-7 Super Long Front Excavator

The ZX210LC-7H Super Long Front excavator provides 50 feet, 4 inches of reach at ground level and a 39 feet, 2 inches of dig depth, and a redesigned operator station featuring large space with minimal vibration and noise.

The Future of Mining Tires

Ever wonder what’s next in tire technology? Join us as we explore the latest in liquid phase mixing versus dry mixing, its origins and how it’s shaping the future of the off-road tire landscape.

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July 2024 Equipment Market Outlook

Data shows U.S. Construction Machinery New Orders in April 2024 were 9.8% above the year-ago level. However, prior decline in residential construction and upcoming decline in nonresidential construction signal downside pressure on related new orders.

Prototype L 566 H is the world's first wheel loader with a hydrogen engine.

Liebherr Creates Prototype Large Wheel Loader With Hydrogen

World's first prototype large wheel loader with hydrogen engine presented at the Liebherr plant in Bischofshofen.

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June 2024 Equipment Market Outlook

Data reveals Annual U.S. Farm Machinery Shipments ticked up in March. Although they were 11.8% below the year-ago level, April marks the fifth consecutive month of improvement as shipments recover.