Survey Shows Electrification in Heavy-Duty Equipment is Here to Stay
Inaugural survey by Waytek, Inc. and OEM Off-Highway shows long-term cost savings and reduction in routine maintenance lead the way for advancing electrification in off-road equipment
Consumers aren’t the only ones moving toward electric vehicles. Waytek, Inc. – Specialists in DC Power Distribution – partnered with OEM Off-Highway to conduct an industry-wide survey on the state of electrification in heavy-duty and off-road equipment.
Survey results showed the benefits of electric systems are clear, but factors such as cost, battery technology and infrastructure play a role in how companies research and adopt their own electric solutions.
“As electrification continues to permeate industrial verticals, we’ll need to work together across industries to tackle the challenges head on,” said Gary Christianson, Director of Marketing at Waytek. “Our survey shows several companies are taking steps to explore electrification, and given the complexity of the technology, it’s clear that the time to start researching is now.”
Battery technology lingers as the No. 1 challenge preventing the advancement of electrification. For electric-powered equipment to achieve widespread adoption, monumental improvements in timely recharging, duration of continuous operation and battery size need to be the focus of research.
The survey also showed 75 percent of respondents say their company either will or might take steps to pursue electrification in the next year, giving industry members a solid indication of where the market is headed. As companies continue to explore how electrification can supplement their current business models, gradual steps such as hiring new talent, allocating budget and developing hybrid prototypes will lead to big changes in the advancement of electrification.
For more information and to read the full report, visit waytekwire.com.
About Waytek, Inc.
For nearly 50 years Waytek, Inc. has been a Specialist in DC Power Distribution for OEMs and Upfitters. Waytek simplifies sourcing electrical parts for manufacturers of wire harnesses and mobile equipment by offering same-day shipping and stocking a vast inventory of high-quality electrical components for trucks, trailers, ag equipment, construction equipment, emergency vehicles, boats and more. Learn more at www.waytekwire.com.