Heavy equipment

Worldwide Electric Power Steering System Industry to 2030 - Featuring Continental, Danfoss, GKN Automotive and Robert Bosch Among Others - ResearchAndMarkets.com

Retrieved on: 
Friday, December 2, 2022

Electric power steering has emerged as an alternative to conventional steering systems such as electro-hydraulic and hydraulic systems.

Key Points: 
  • Electric power steering has emerged as an alternative to conventional steering systems such as electro-hydraulic and hydraulic systems.
  • Electric power steering assists the driver with the help of an electric motor.
  • Moreover, electric power steering systems eliminate the need for power steering pumps that uses around 10HP load, especially in heavy vehicles.
  • Currently, Electric Power Steering (EPS) is equipped with an electromechanical control system that incorporates a dual circuit ECU and a motor in the steering mechanism.

Global Off-the-Road Tire Market Report 2022: A $37.9 Billion Market by 2027 - Trends, Analysis, Share, Size, Growth, Opportunities and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Friday, December 2, 2022

The "Off-the-Road Tire Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Off-the-Road Tire Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The global off-the-road tire market size reached US$ 27.9 Billion in 2021.
  • Rising construction activities such as bridges, highways, dams, power supply grids, etc., are further bolstering the OTR tire market.
  • What is the structure of the global off-the-road tire market and who are the key players?

InventHelp Inventor Develops Snow & Ice Traction Pads for Vehicles (CHK-298)

Retrieved on: 
Thursday, December 1, 2022

Key Points: 
  • PITTSBURGH, Dec. 1, 2022 /PRNewswire/ -- "I wanted to provide motorists with a quick and effective means of freeing their vehicles from frozen ruts," said an inventor, from Chicago, Ill., "so I invented the SNOW & ICE TRACTION PADS.
  • My design minimizes delays and it eliminates the need to shovel heavy snow from beneath the tires."
  • The patent-pending invention provides instant tire traction in slippery conditions.
  • In doing so, it prevents spinning wheels while attempting to escape a slippery rut of snow.

Outlook on the Tractors Market in New Zealand to 2028 - Players Include John Deere, AGCO, CNH Industrial and Kubota - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 1, 2022

The New Zealand tractors market is expected to grow at a CAGR of 3.14% during 2022-2028.

Key Points: 
  • The New Zealand tractors market is expected to grow at a CAGR of 3.14% during 2022-2028.
  • The focus on agricultural mechanization in developing countries will increase the demand for tractors and the growing sense of accuracy in farming for technologically advanced tractors in the New Zealand tractors market.
  • The New Zealand tractor market will again play a pivotal role in operating all the new-age, technologically advanced equipment to fulfill the need for increased farm output.
  • Which wheel drive holds the highest market shares in the New Zealand tractor market?

Monarch Tractor Launches Production of Founder Series MK-V: The First Commercially Available Electric, Driver-Optional Smart Tractor

Retrieved on: 
Thursday, December 1, 2022

Monarch Tractor , maker of the MK-V, the fully electric, driver-optional, smart tractor, today announced the first tractors are coming off the Founder Series production line at its headquarters and manufacturing facility in Livermore, California.

Key Points: 
  • Monarch Tractor , maker of the MK-V, the fully electric, driver-optional, smart tractor, today announced the first tractors are coming off the Founder Series production line at its headquarters and manufacturing facility in Livermore, California.
  • (Photo: Business Wire)
    Utilizing a Monarch MK-V in place of a comparable diesel tractor is the equivalent emission reduction of removing 14 passenger vehicles from the road.
  • This is a momentous day for Monarch Tractor that has been years in the making, said Praveen Penmetsa, co-founder & CEO, Monarch Tractor.
  • Monarch Tractors Founder Series MK-V is the worlds first fully electric, driver optional, smart tractor set to enhance farmers existing operations, alleviate labor shortages, and maximize yields.

CNH Industrial ceases sale of construction equipment in China

Retrieved on: 
Thursday, December 1, 2022

CNH Industrial announces that effective December 31, 2022, it will cease all Construction Equipment sales activities in China.

Key Points: 
  • CNH Industrial announces that effective December 31, 2022, it will cease all Construction Equipment sales activities in China.
  • In the course of 2021, sales of Construction Equipment in China totaled approximately $88 million, and CNH Industrial does not expect to incur significant charges in connection with the cessation of its construction equipment sales activities in China.
  • CNH Industrial (NYSE: CNHI / MI: CNHI) is a world-class equipment and services company.
  • For more information and the latest financial and sustainability reports visit: cnhindustrial.com
    For news from CNH Industrial and its Brands visit: media.cnhindustrial.com

CNH Industrial announces Senior Leadership Team change  

Retrieved on: 
Wednesday, November 30, 2022

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announces the appointment of Richard Miller as Senior Vice President of Internal Audit.

Key Points: 
  • CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announces the appointment of Richard Miller as Senior Vice President of Internal Audit.
  • Richard takes over from Carlo De Bernardi who has elected to retire following 38 years of dedicated service.With this appointment, Richard will join the Companys Senior Leadership Team (SLT).
  • I want to thank Carlo for leading our Internal Audit function with excellence and impeccable character, said Scott W. Wine, Chief Executive Officer, CNH Industrial.
  • For more information and the latest financial and sustainability reports visit: cnhindustrial.com
    For news from CNH Industrial and its Brands visit: media.cnhindustrial.com

VSG Partners with TEXA to Expand Advanced Driver Assistance System Tools and Offer New Air Conditioning Charging for Automotive Service

Retrieved on: 
Wednesday, November 30, 2022

The partnership will position Rotary to offer collision and repair shops a new mobile Advanced Driver Assistance System (ADAS) solution as well as fully automatic air conditioning (A/C) charging stations.

Key Points: 
  • The partnership will position Rotary to offer collision and repair shops a new mobile Advanced Driver Assistance System (ADAS) solution as well as fully automatic air conditioning (A/C) charging stations.
  • The new A/C machines will offer customers a quick and profitable way to recover, recycle and recharge R134a and R1234yf refrigerant gases.
  • Rotary is the leading manufacturer of vehicle lifts and wheel service products for use in professional automotive service, commercial truck and transit industries.
  • In 1925, Peter Lunati designed, built and patented the first fully hydraulic automotive lift and gave rise to a new industry.

InventHelp Inventor Develops Protective Shield for Vehicle Rims (ALL-2855)

Retrieved on: 
Wednesday, November 30, 2022

The invention provides an effective way to cover a vehicle's rims when polishing the tires with a dressing solution.

Key Points: 
  • The invention provides an effective way to cover a vehicle's rims when polishing the tires with a dressing solution.
  • The invention features a simple design that is easy to use so it is ideal for vehicle owners, dealerships, car enthusiasts, etc.
  • The original design was submitted to the Atlanta sales office of InventHelp.
  • 21-ALL-2855, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext.

Sensata Technologies’ Tire Mounted Sensor for Automotive and Tire OEMs Provides New Data to Enhance Safety and Performance

Retrieved on: 
Wednesday, November 30, 2022

Sensata Technologies (NYSE: ST), today announced it has developed a new Tire Mounted Sensor for vehicle and tire OEMs to deliver enhanced safety, performance, and data insights.

Key Points: 
  • Sensata Technologies (NYSE: ST), today announced it has developed a new Tire Mounted Sensor for vehicle and tire OEMs to deliver enhanced safety, performance, and data insights.
  • Sensatas Tire Mounted Sensor includes TPMS functionality as well as an accelerometer to detect the force with which the tire is striking the ground.
  • Mounted directly to the tire's inner liner, the Tire Mounted Sensor identifies the brand and model of the tire and provides data continuity for the specific tire throughout its life cycle.
  • Sensatas first Tire Mounted Sensor will launch in 2023 for a fleet retrofit with a major tire manufacturer and is discussing more opportunities with additional vehicle and tire OEMs.