TRC Companies Inc. Acquires Seattle Based EMI Consulting

WINDSOR, Conn., Jan. 27, 2021 /PRNewswire-PRWeb/ — Today TRC Companies («TRC«), announces the expansion of its advanced energy capabilities with the acquisition of EMI Consulting («EMI»), a Seattle based firm that consults on the strategic development of clean energy solutions including energy…

WINDSOR, Conn., Jan. 27, 2021 /PRNewswire-PRWeb/ — Today TRC Companies («TRC«), announces the expansion of its advanced energy capabilities with the acquisition of EMI Consulting («EMI»), a Seattle based firm that consults on the strategic development of clean energy solutions including energy efficiency, demand management, decarbonization and customer engagement.

«By acquiring EMI, TRC expands its value to energy and utility customers as a full-scope strategic consulting, advisory and delivery team fully equipped to support a cleaner energy future,» said Chris Vincze, TRC CEO. «This acquisition reinforces our strategic growth objectives and strengthens our well-established ability to deliver innovative, integrated solutions for a wide range of advanced energy projects and programs.»

Based in Seattle, Washington, and with projects in over 20 states, EMI supports some of the largest utilities and communities in the country, complementing many of TRC’s key client relationships.

«Joining TRC gives our clients access to a complete suite of solutions and resources to advance their clean energy goals,» said Rob Bordner, President and CEO of EMI Consulting. «The mission and purpose of our work is profoundly important to us and we are excited to have found a home at TRC where they share our commitment to creativity and sustainability.»

TRC has a long history of delivering advanced energy services for energy efficiency, demand response and distributed energy resources. The acquisition of EMI brings approximately 30 economists, statisticians and research methodologists to TRC with expertise in evaluation, measurement and verification; data and analytics; market research; and strategic consulting. Together, our teams will continue to empower clients to achieve clean, efficient and resilient energy systems.

«This acquisition is a strong fit for TRC’s continued growth,» said Ed Myszka, President of TRC’s Power Sector. «TRC is uniquely positioned to support our clients with strategy and advisory services, as well as the design and implementation of clean energy solutions. The addition of EMI’s expertise further compliments our deep technical and advanced energy skills, and cements our team as a leading, full-service engineering and consulting partner delivering forward-looking solutions for comprehensive energy management.»

About TRC Companies
A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a leading consulting, engineering and construction management firm that provides technology-enabled solutions to the power, infrastructure, environmental and energy markets. We serve a broad range of public and private clients, steering complex projects from concept to completion to help solve the toughest challenges. TRC is ranked #20 on ENR’s list of the Top 500 Design Firms in the United States. Learn more at TRCcompanies.com and follow us on Twitter, LinkedIn and Facebook.

Communications Contact:
Dora Rosiclair
prosiclair@trccompanies.com
1 (860) 298-9692

Media Contact

Dora Rosiclair, TRC Companies, 860-298-9692, prosiclair@trccompanies.com

 

SOURCE TRC Companies

Diamond Resorts Files New Claims Against Carlsbad Law Group, Timeshare Compliance & Resort Advocacy Group for Operating Nationwide Consumer Scam

LAS VEGAS, Jan. 27, 2021 /PRNewswire/ — Diamond Resorts®, a global leader in the hospitality, vacation ownership and entertainment industries, announces the filing of additional claims in its lawsuit against Pandora Marketing (d/b/a Timeshare Compliance), Intermarketing Media (d/b/a Resort Advisory Group), Slattery, Sobel & Decamp, Del Mar Law Group, Carlsbad Law Group, Sean Slattery, McCroskey Legal, Unlock Legal, and Miranda…

LAS VEGAS, Jan. 27, 2021 /PRNewswire/ — Diamond Resorts®, a global leader in the hospitality, vacation ownership and entertainment industries, announces the filing of additional claims in its lawsuit against Pandora Marketing (d/b/a Timeshare Compliance), Intermarketing Media (d/b/a Resort Advisory Group), Slattery, Sobel & Decamp, Del Mar Law Group, Carlsbad Law Group, Sean Slattery, McCroskey Legal, Unlock Legal, and Miranda McCroskey. The additional claims are based on newly-released documents, including dozens of statements from timeshare owners that illustrate a nationwide scam to deceive consumers out of hundreds of thousands of dollars.

According to the new legal filing by Diamond Resorts, Timeshare Compliance and Resort Advisory Group lure timeshare owners into paying large upfront fees in exchange for so-called timeshare «exit» services. By advertising a «legal method» and the services of lawyers, the Defendants are able to charge huge fees—sometimes exceeding $100,000. In reality, the companies and the law firms they partner with fail to deliver any legitimate service. Instead, they only mislead timeshare owners into breaching their timeshare contracts, which results in foreclosure and a negative impact on the owners’ credit history.

Diamond’s complaint presents direct evidence of this scam, including dozens of testimonials from consumers and messages saved on Resort Advisory Group and Timeshare Compliance’s customer relationship management system.

For example, one timeshare owner states that he believed a group of timeshare lawyers would litigate the cancellation of his timeshare contract. As a result, he retained Resort Advisory, and paid an «exit» fee of over $70,000. Later, he discovered that the attorney was paid only $700 to send «exit» letters, and none of the remaining money was used for litigation, negotiation, or any other legal services.

Another victim of the scam documents her personal experience with Resort Advisory Group:

«We have come to realize that RAG kept us in the dark about the fact that the lawyer was not providing the services RAG promised. The financial consequences that have resulted from RAG’s ‘services’ are far worse than what we would have suffered by simply stopping timeshare payments and waiting for our credit to plummet….We owe more than $120,000 in credit card debt attributable to RAG, which includes the money we paid for RAG’s bad acts and its lawyers.»

Other timeshare owners state that they frequently receive no updates from the Lawyer Defendants regarding the progress of their case. One Diamond Owner left the following message:

«I just tried phoning you with questions on this retainer as I have thoroughly read the contract. I’m VERY wary of this and am wondering if I have been ‘duped’ again by Timeshare Compliance?…. You don’t answer the phone # you e-mailed me. I’m beginning to wonder if this is another scam….»

Notes logged in Resort Advocacy Group’s customer relationship management system document frequent customer complaints about their plummeting credit scores such as, «He began the call by stating we are a FAT SCAM …. He has been in the dark since he started with us. His credit score has been completely destroyed—went from an 800 down to a 600s….»

«It is absolutely despicable to hear how vacation owners have been scammed by these nefarious companies,» said Mike Flaskey, CEO, Diamond Resorts. «We will continue to do everything in our power to protect our members from being misled by these companies and will aggressively pursue every avenue to hold these companies to account.»

In addition to this case, Diamond Resorts has pursued more than 15 actions in courts across the country against numerous companies marketing themselves as third-party exit companies.

While the vast majority of members enjoy their vacation ownership, Diamond Resorts also understands that life circumstances can change and provides options for members seeking to safely modify or leave their vacation ownership behind. To learn more about red flags and report possible fraudulent third-party exit activity, visit TimeshareCancellationAwareness.com.

About Diamond Resorts
Diamond Resorts® offers destinations, events and experiences to help members make a habit of breaking from the routine. From unforgettable getaways to exclusive concert series to VIP receptions and dinners, members turn to Diamond to recharge, reconnect and remind each other what matters most. Our focus on quality resorts, customer service and flexibility means members can return to a favorite resort, book a cruise to explore new countries or attend a once-in-a-lifetime event with the same level of confidence and anticipation. With access to a world of entertainment and activities, a Diamond membership ensures that people are always looking forward to vacation.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/diamond-resorts-files-new-claims-against-carlsbad-law-group-timeshare-compliance–resort-advocacy-group-for-operating-nationwide-consumer-scam-301216528.html

SOURCE Diamond Resorts

Buyer Activity Continued Its Late-Season Surge Across The U.S., Led By Denver, Colorado Springs And Three Utah Cities

CHICAGO, Jan. 27, 2021 /PRNewswire/ — ShowingTime, the residential real estate industry’s leading showing management and market stats technology provider, found that December’s usual seasonal slowdown was reversed in 2020, with showing traffic across the country surging 63.5 percent year-over-year as buyers had more on their minds than just shopping for gifts.

«Of the 20 cities recording the heaviest showing traffic, all but three also had month-over-month increases. This is not what anyone…

CHICAGO, Jan. 27, 2021 /PRNewswire/ — ShowingTime, the residential real estate industry’s leading showing management and market stats technology provider, found that December’s usual seasonal slowdown was reversed in 2020, with showing traffic across the country surging 63.5 percent year-over-year as buyers had more on their minds than just shopping for gifts.

«Of the 20 cities recording the heaviest showing traffic, all but three also had month-over-month increases. This is not what anyone expected, but 2020 was anything but normal,» said ShowingTime President Michael Lane. «In December, Ogden and Provo were up 122 percent and 123 percent, respectively, compared to 2019. Denver had more than twice the average number of showings per listing, as did Colorado Springs.

«While the year was a challenge for everyone, we’ve seen consumers in many markets make up for lost time shopping for homes. The industry adapted quickly, with the data suggesting the positive momentum will continue, so we’re excited to help clients respond to the sustained demand.»

For the second consecutive month the West Region saw the most significant year-over-year increase in showing activity, with a jump of 82.1 percent. The South followed with a 69.7 percent increase, with the Midwest’s 61.1 percent uptick and Northeast’s 60.4 percent climb rounding out the gains.

«2020 proved to be a tumultuous year, yet so far across the U.S. we continue to see increased levels of demand concentrated on a dwindling set of available listings,» said ShowingTime Chief Analytics Officer Daniil Cherkasskiy. «Year-over-year increases are at historically high levels, especially on the West Coast, and although December’s stats are more likely to be distorted by weather and other factors, the trajectory we’ve seen in 2020 points to continued upward pressure on prices in the next few months.»

The ShowingTime Showing Index is compiled using data from more than six million property showings scheduled across the country each month on listings using ShowingTime products and services. The Showing Index tracks the average number of appointments received on active listings during the month.

About ShowingTime
ShowingTime is the residential real estate industry’s leading showing management and market stats technology provider, with more than 1.5 million active listings subscribed to its services. Its products are used in 370 MLSs representing 1.4 million real estate professionals across the U.S. and Canada. Contact us at research@showingtime.com.

Cision View original content:http://www.prnewswire.com/news-releases/buyer-activity-continued-its-late-season-surge-across-the-us-led-by-denver-colorado-springs-and-three-utah-cities-301216524.html

SOURCE ShowingTime

Naples Underground Reveals the Yellow Secret to the Best Neapolitan Pizza

NAPLES, Italy, Jan. 27, 2021 /PRNewswire/ — While one can meander through the streets of Naples and enjoy many pizzerias, some even world famous, it may lead a bit off the beaten path to get to the «core» of Neapolitan Pizzas unlike ever before.

THE NEO-NEAPOLITAN

This long, eye-opening walk through the heart of the ancient center of Naples, is led by mastermind geologist Vincenzo…

NAPLES, Italy, Jan. 27, 2021 /PRNewswire/ — While one can meander through the streets of Naples and enjoy many pizzerias, some even world famous, it may lead a bit off the beaten path to get to the «core» of Neapolitan Pizzas unlike ever before.

THE NEO-NEAPOLITAN

This long, eye-opening walk through the heart of the ancient center of Naples, is led by mastermind geologist Vincenzo Albertini, president of Naples Underground (Napoli Sotterranea). The association has facilitated mind-blowing and awe-inspiring excursions for the past 30 years through the bowels of a unique city, characterized by incredible feats of engineering, in the making over the past 2400 years or so.

Many would have thought that by now, Neapolitan Pizza makers would be honored with life-long service and offered life-preservation, as theirs is a skill that is an artefact in itself, coming from centuries-old tradition. However, the surprising present-day reality reveals that this tradition hasn’t remained in the centuries of old, it’s actually been constantly evolving and is now in a new incarnation.

This new incarnation, though not so new indeed, involves the return to the ancient practices of leavening and cooking pizza in both preparation environments and ovens built with the integral, unique material – Neapolitan yellow tuff.

THE YELLOW SECRET

This «geothermal» pizza is created specifically inside of tuffaceous leavening rooms. These rooms are located in the convent of the Theatines, behind the church of S. Paolo Maggiore. It is here, deep beneath the city, that exists quarries of a yellowish stone, which makes for excellent thermal insulation and humidity control. This is what allows the dough to achieve complete maturation which gives the pizza higher organoleptic and digestibility properties. Going further into the scientific characteristics of the yellow tuff, Enzo Albertini explains that there are specific minerals in the tuffs which are able to absorb and release water molecules making the tuff cold during hot periods and hot during cold periods. It is this property specifically, that allows them to maintain average constant values of temperature and humidity which favor the leavening process of the pizza dough as the dough rises between the walls of tuff from 24 to 48 hours and then the pizza is cooked in ovens made with the same stone. In short, this ancient yellow stone favors the ideal chemical-physical balances useful for yeasts, so that the final product remains extraordinarily light.

THE UNDERGROUND COMES TO THE SURFACE

Thanks to Enzo Albertini’s initiative, today, these novelty pizzas while prepared in optimal geothermal conditions underground, are served on the streets of Naples, among the tables of the Sorelle Bandiera pizzeria, which is located inside the ancient Roman theater, not far from Piazza San Gaetano which forms the entrance to Naples Underground (Napoli Sotterranea). All that remains is a hearty appetite and sense of awe and wonder, as this Neapolitan pizza delight offers a new interpretation to the concept of time travel.

Media Contact:
Xoë Sazzle
+44 (0) 7570 82 0089
289166@email4pr.com 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/naples-underground-reveals-the-yellow-secret-to-the-best-neapolitan-pizza-301216504.html

SOURCE Naples Underground

KiloVault Unveils New 1200 Watt-Hour Deep-Cycle Batteries

BOXBOROUGH, Mass., Jan. 27, 2021 /PRNewswire-PRWeb/ — KiloVault, a provider of innovative and affordable residential and commercial renewable energy solutions, this week unveiled the new <a target="_blank"…

BOXBOROUGH, Mass., Jan. 27, 2021 /PRNewswire-PRWeb/ — KiloVault, a provider of innovative and affordable residential and commercial renewable energy solutions, this week unveiled the new 1200 HLX and 1200 CHLX heavy-duty deep-cycle lithium batteries. These 1,200 Watt-hour-capacity batteries complement KiloVault’s existing 1,800 Wh and 3,600 Wh models, and handle 80A of continuous charging current and 100A of continuous discharging current. The smaller capacity and reduced weight of the 1200 HLX and 1200 CHLX make them ideally suited for applications such as marine and RV/camper use, golf carts, medical devices, and off-grid solar energy storage.

Like all HLX/CHLX batteries, the new 1,200 Watt-hour models can be used in 12V, 24V, or 48V configurations and feature Bluetooth communication for easy health and performance monitoring. This flexibility – combined with a 5,000-cycle lifespan (at 80% depth of discharge) and low cost/kWh cycle – offers customers exceptional value for their energy storage needs. Even after 2,000 cycles at 100% depth of discharge, a 1200 HLX or 1200 CHLX battery will retain 80% or more of its original 1,200 Watt-hour storage capacity.

KiloVault’s HLX and CHLX series batteries do not require active cooling, as the the lithium iron phosphate (LFP) chemistry used in their cells isn’t subject to the thermal runaway issues that other lithium technologies may experience. These batteries do not require regular watering, desulphating, or equalizing and do not produce dangerous off-gassing like lead-acid batteries do – making them safe for use in your garage or even inside your home. HLXs and CHLXs are incredibly safe and low-maintenance batteries, and outperform comparable lead-acid batteries by storing and discharging energy more efficiently to yield 12% more usable stored energy.

The 1200 CHLX features the same internal heating technology as KiloVault’s other CHLX batteries, which allows it to continue charging at subzero temperatures. As the ambient temperature dips below freezing (32ºF/0°C), the charging current is rerouted through a heating film in the battery, allowing it to maintain an internal temperature above freezing. Once this is accomplished, the battery can resume normal charging.

With built-in Bluetooth and the convenient HLX iT app for iOS and Android devices, monitoring your HLX and CHLX batteries’ health and performance is easier than ever. For more information, including the data sheets, manuals, and warranty information, visit KiloVault’s website at https://kilovault.com/ .

ABOUT KILOVAULT

KiloVault® is dedicated to providing innovative and affordable renewable energy solutions for residential and commercial applications, storing the sun, and saving the planet. They design, market, and sell energy storage based on leading-edge technologies that reduce the cost of entry for homeowners and help reduce the impact of humanity on the environment. KiloVault’s headquarters is located at 330 Codman Hill Road in Boxborough, Massachusetts. For more information visit their website at https://kilovault.com/.

Media Contact

Seth Lockman, altE Store, 8778784060, seth.lockman@altestore.com

 

SOURCE KiloVault

Servo Motors and Drives Market Size to Reach Revenues of around USD 19 Billion by 2026 – Arizton

CHICAGO, Jan. 27, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this global servo motors and drives market report.

AAI

The <a target="_blank"…

CHICAGO, Jan. 27, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this global servo motors and drives market report.

AAI

The servo motors and drives market is expected to grow at a CAGR of over 5% during the period 2020−2026.

Key Highlights Offered in the Report:  

  1. Japan, Germany, and the US are the major countries creating demand for servo motors and drives as these countries have higher manufacturing in major end-user industries such as machine tools, robotics, and automated tools.
  2. Increased capital investment in developing countries is expected to allow vendors to invest further in plant expansion and upgradation of manufacturing plants along with investments in automation.
  3. Major vendors in the market have strong presence in both high-end and low-end servo motors and drives segments. Also, most of the vendors are vertically integrated and provide end-to-end solutions to their customers.
  4. Price choices of vendors are largely affected by raw material costs and supply chain disruptions. Energy costs and other input costs are also some of the key factors in deciding the overall profit margin.
  5. The servo motors and drives market is highly raw material intensive with raw materials contributing to over 40%-50% of the overall cost. Thus, any fluctuation in pricing is also a deciding factor in the procurement contract.
  6. Servo motors are in higher demand currently and is expected to grow further with increase in industrial production at an estimated CAGR of over 6% compared to servo drive at around 4%.
  7. Besides major vendors in the sector, such as Mitsubishi Electric Corporation, Siemens AG, and others, various smaller brands have gained traction and are expected to do so throughout the forecast period.
  8. AC servo motors are expected to have the higher market share at around 86% due to its ability to operate with AC current as well as high pick-up frequency with both light and heavy loads during the forecast period.

Key Offerings:

  • Market Size & Forecast by Revenue | 2020−2026
  • Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
  • Market Segmentation – A detailed analysis by product type, motor type, sales channel, power output, material, voltage, end-user, and geography
  • Competitive Landscape – 12 key vendors and 19 other vendors

Get your sample today! https://www.arizton.com/market-reports/servo-motors-drivers-market-size-analysis 

Servo Motors and Drives Market – Segmentation

  • Factory automation and robotics application in several commercial and industrial segments are expected to drive the demand for servo motors. Japan, China, the US, and Germany are key countries boosting the growth of servo motors. The market is expected to grow due to an increase in automation and precision techniques.
  • Increased application of servo motors in the packaging and medical sectors is expected to drive linear servo motors’ growth. These motors provide high speed, longer strokes, and accuracy. The demand for linear servo motors was slightly high in 2020 as the demand in Europe, North America, and APAC increased.
  • Above 5kW servo motors and drives are governed by strict energy-efficiency legislation globally, especially in developed countries. These machines hold the highest revenue share in the market and are expected to accelerate further at the highest CAGR during the forecast period.

Servo Motors and Drives Market by Product Type

  • Servo Motor
    • AC
    • DC
  • Servo Drive
    • AC
    • DC

Servo Motors and Drives Market by Motor Type

  • Linear
  • Rotary

Servo Motors and Drives Market by Sales Channel

  • Direct Sales
    • Direct to OEMs
    • Direct to End-users
    • Direct to System Integrators
  • Indirect Sales
    • Distributor to OEMs
    • Distributor to End-users
    • Distributor to System Integrators

Servo Motors and Drives Market by Power Output

  • Above 5kW
  • Below 5kW

Servo Motors and Drives Market by Material

  • Stainless Steel
  • Non-stainless Steel

Servo Motors and Drives Market by Voltage

  • Low
  • Medium
  • High

Servo Motors and Drives Market by End-User

  • Machine Tools
  • Packaging
  • Electronics & Semiconductor
  • Robotics
  • Automotive
  • Metal Processing
  • Warehousing
  • Oil & Gas
  • Paper Industry
  • Aerospace & Defence
  • Food & Beverages
  • Textiles
  • Printing
  • Pharmaceutical
  • Woodworking
  • Power Generation
  • Others

Servo Motors and Drives Market – Dynamics

Servo motors and drives are some of the major components used in the industry to enhance the precision and speed of robots in industrial applications. Thus, the increased demand for robots has boosted the growth of the servo motors and drives market globally. Robotic applications are in high demand in manufacturing units and in the medical industry. Servo motors and drives are solely responsible for a robot’s movement in any industrial application. Hence, their precision is quite important. These motors change the direction and angle of different parts of a robot in a particular direction.  Servo motors can travel at speeds of around 900 mm/s and are ideal for short-stroke movements such as bending and gripping and are thus used in several industrial and commercial applications.

Key Drivers and Trends fueling Market Growth:

  • Industrial Revolution 4.0
  • Growth in CNC Machine Market
  • Advancements in Automation Industry
  • Demand from Medical Applications

Servo Motors and Drives Market – Geography

The APAC servo motors and drives market is expected to grow at a significant rate during the forecast period, owing to increased demand from countries such as China, Japan, and India. South Korea and Australia are emerging markets for the production and consumption of servo motors and drives. Continuous adoption of industrial automation in several countries of APAC and activities such as manufacturing, construction, power generation, and mining are significantly contributing to the growth of the servo motors and drives market in the APAC region. One of the key strategies among vendors for enhanced growth include increasing investments and expansion in emerging nations in APAC. Hence, the sale of servo motors and drives in the region is expected to further boost in the forecast period.

Get your sample today! https://www.arizton.com/market-reports/servo-motors-drivers-market-size-analysis 

Servo Motors and Drives Market by Geography

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Chile
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • Turkey
    • Rest of the Middle East

Major Vendors

  • Emerson
  • Siemens
  • Rockwell Automation
  • ABB
  • Mitsubishi Electric
  • Delta
  • Fuji Electric
  • Yaskawa
  • Sanyo Denki
  • Parker Hannifin
  • Allied Motion
  • Nidec

Other Prominent Vendors

  • Ametek
  • ARC Systems
  • Bonfiglioli
  • Oriental Motor
  • Schneider Electric
  • Callan Technology
  • Panasonic Industry Europe
  • Sew-Eurodrive
  • FANUC
  • Bosch Rexroth
  • Kollmorgen
  • HNC Electric
  • Moog
  • Tamagawa Seiki
  • GSK CNC Equipment
  • Infranor
  • KEB Automation
  • Beckhoff
  • TECO Electro Devices

Explore our industrial machinery profile to know more about the industry.

Read some of the top-selling reports:

About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

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Servo Motors and Drives Market Size to Reach Revenues of around USD 19 Billion by 2026 – Arizton

CHICAGO, Jan. 27, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this global servo motors and drives market report.

AAI

The <a target="_blank"…

CHICAGO, Jan. 27, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this global servo motors and drives market report.

AAI

The servo motors and drives market is expected to grow at a CAGR of over 5% during the period 2020−2026.

Key Highlights Offered in the Report:  

  1. Japan, Germany, and the US are the major countries creating demand for servo motors and drives as these countries have higher manufacturing in major end-user industries such as machine tools, robotics, and automated tools.
  2. Increased capital investment in developing countries is expected to allow vendors to invest further in plant expansion and upgradation of manufacturing plants along with investments in automation.
  3. Major vendors in the market have strong presence in both high-end and low-end servo motors and drives segments. Also, most of the vendors are vertically integrated and provide end-to-end solutions to their customers.
  4. Price choices of vendors are largely affected by raw material costs and supply chain disruptions. Energy costs and other input costs are also some of the key factors in deciding the overall profit margin.
  5. The servo motors and drives market is highly raw material intensive with raw materials contributing to over 40%-50% of the overall cost. Thus, any fluctuation in pricing is also a deciding factor in the procurement contract.
  6. Servo motors are in higher demand currently and is expected to grow further with increase in industrial production at an estimated CAGR of over 6% compared to servo drive at around 4%.
  7. Besides major vendors in the sector, such as Mitsubishi Electric Corporation, Siemens AG, and others, various smaller brands have gained traction and are expected to do so throughout the forecast period.
  8. AC servo motors are expected to have the higher market share at around 86% due to its ability to operate with AC current as well as high pick-up frequency with both light and heavy loads during the forecast period.

Key Offerings:

  • Market Size & Forecast by Revenue | 2020−2026
  • Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
  • Market Segmentation – A detailed analysis by product type, motor type, sales channel, power output, material, voltage, end-user, and geography
  • Competitive Landscape – 12 key vendors and 19 other vendors

Get your sample today! https://www.arizton.com/market-reports/servo-motors-drivers-market-size-analysis 

Servo Motors and Drives Market – Segmentation

  • Factory automation and robotics application in several commercial and industrial segments are expected to drive the demand for servo motors. Japan, China, the US, and Germany are key countries boosting the growth of servo motors. The market is expected to grow due to an increase in automation and precision techniques.
  • Increased application of servo motors in the packaging and medical sectors is expected to drive linear servo motors’ growth. These motors provide high speed, longer strokes, and accuracy. The demand for linear servo motors was slightly high in 2020 as the demand in Europe, North America, and APAC increased.
  • Above 5kW servo motors and drives are governed by strict energy-efficiency legislation globally, especially in developed countries. These machines hold the highest revenue share in the market and are expected to accelerate further at the highest CAGR during the forecast period.

Servo Motors and Drives Market by Product Type

  • Servo Motor
    • AC
    • DC
  • Servo Drive
    • AC
    • DC

Servo Motors and Drives Market by Motor Type

  • Linear
  • Rotary

Servo Motors and Drives Market by Sales Channel

  • Direct Sales
    • Direct to OEMs
    • Direct to End-users
    • Direct to System Integrators
  • Indirect Sales
    • Distributor to OEMs
    • Distributor to End-users
    • Distributor to System Integrators

Servo Motors and Drives Market by Power Output

  • Above 5kW
  • Below 5kW

Servo Motors and Drives Market by Material

  • Stainless Steel
  • Non-stainless Steel

Servo Motors and Drives Market by Voltage

  • Low
  • Medium
  • High

Servo Motors and Drives Market by End-User

  • Machine Tools
  • Packaging
  • Electronics & Semiconductor
  • Robotics
  • Automotive
  • Metal Processing
  • Warehousing
  • Oil & Gas
  • Paper Industry
  • Aerospace & Defence
  • Food & Beverages
  • Textiles
  • Printing
  • Pharmaceutical
  • Woodworking
  • Power Generation
  • Others

Servo Motors and Drives Market – Dynamics

Servo motors and drives are some of the major components used in the industry to enhance the precision and speed of robots in industrial applications. Thus, the increased demand for robots has boosted the growth of the servo motors and drives market globally. Robotic applications are in high demand in manufacturing units and in the medical industry. Servo motors and drives are solely responsible for a robot’s movement in any industrial application. Hence, their precision is quite important. These motors change the direction and angle of different parts of a robot in a particular direction.  Servo motors can travel at speeds of around 900 mm/s and are ideal for short-stroke movements such as bending and gripping and are thus used in several industrial and commercial applications.

Key Drivers and Trends fueling Market Growth:

  • Industrial Revolution 4.0
  • Growth in CNC Machine Market
  • Advancements in Automation Industry
  • Demand from Medical Applications

Servo Motors and Drives Market – Geography

The APAC servo motors and drives market is expected to grow at a significant rate during the forecast period, owing to increased demand from countries such as China, Japan, and India. South Korea and Australia are emerging markets for the production and consumption of servo motors and drives. Continuous adoption of industrial automation in several countries of APAC and activities such as manufacturing, construction, power generation, and mining are significantly contributing to the growth of the servo motors and drives market in the APAC region. One of the key strategies among vendors for enhanced growth include increasing investments and expansion in emerging nations in APAC. Hence, the sale of servo motors and drives in the region is expected to further boost in the forecast period.

Get your sample today! https://www.arizton.com/market-reports/servo-motors-drivers-market-size-analysis 

Servo Motors and Drives Market by Geography

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Chile
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • Turkey
    • Rest of the Middle East

Major Vendors

  • Emerson
  • Siemens
  • Rockwell Automation
  • ABB
  • Mitsubishi Electric
  • Delta
  • Fuji Electric
  • Yaskawa
  • Sanyo Denki
  • Parker Hannifin
  • Allied Motion
  • Nidec

Other Prominent Vendors

  • Ametek
  • ARC Systems
  • Bonfiglioli
  • Oriental Motor
  • Schneider Electric
  • Callan Technology
  • Panasonic Industry Europe
  • Sew-Eurodrive
  • FANUC
  • Bosch Rexroth
  • Kollmorgen
  • HNC Electric
  • Moog
  • Tamagawa Seiki
  • GSK CNC Equipment
  • Infranor
  • KEB Automation
  • Beckhoff
  • TECO Electro Devices

Explore our industrial machinery profile to know more about the industry.

Read some of the top-selling reports:

About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Mail: enquiry@arizton.com

Call: +1-312-235-2040
        +1 302 469 0707

Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg

Goodyear And ConMet To Offer Fleets The Commercial Tire Industry’s First Combined Tire And Wheel Hub Analytics Solution

AKRON, Ohio, Jan. 27, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) and ConMet announced today their strategic collaboration to create combined digital solutions that will better connect commercial truck fleets to the health of their tires and wheel ends.

<a href="https://mma.prnewswire.com/media/95226/goodyear_tire_and_rubber_company_logo.html"…

AKRON, Ohio, Jan. 27, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) and ConMet announced today their strategic collaboration to create combined digital solutions that will better connect commercial truck fleets to the health of their tires and wheel ends.

For the first time in the industry, two companies will use their combined expertise in connected mobility and their existing data resources to provide fleets with holistic insights on tire and wheel end performance. The goal is to allow fleets to remotely monitor their vehicles in real time, automate insights and make better maintenance decisions in order to improve vehicle safety, as well as maximize efficiency and uptime.

Additionally, Goodyear will continue to offer fleets the ability to proactively service their vehicles through Fleet HQ, where they can request 24/7 emergency roadside assistance or dispatch a vehicle to one of Goodyear’s more than 2,300 service locations across North America.

With more than 170 years in combined industry experience, Goodyear and ConMet are both on the forefront of connected mobility. With Goodyear’s suite of Complete Tire Management Solutions and ConMet’s PreSet Plus® SmartHub system, the two companies will work together to advance the way fleets operate.

Beto Dantas, Chief Technology and Innovation Officer at ConMet said, «ConMet and Goodyear are both committed to using the power of connectivity and sensor technology (IoT) to help commercial vehicles perform more efficiently. This valuable, combined information will help extend tire longevity, maximize performance, keep vehicles on the road and reduce fleets’ unscheduled downtime.»

«This exciting collaboration will further Goodyear and ConMet’s shared goal of providing fleets with exceptional service and insights to help optimize their time on the road,» said Johnny McIntosh, Director, Integrated Solutions and Tire Management at Goodyear. «As two leaders in connected mobility, we will continue to work together to innovate and deliver new features and capabilities to our fleet customers into the future.»

To learn more about Goodyear Complete Tire Management solutions, visit goodyeartrucktires.com/tire-management. For more information about ConMet’s Preset Plus SmartHub visit: https://conmet.com/innovation/ 

About Goodyear

Goodyear is one of the world’s largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

About ConMet

ConMet, a division of Amsted Industries, is a leading global supplier of wheel hubs, aluminum castings, and structural plastics to original equipment manufacturers and aftermarket channels in the commercial vehicle industry. Founded in 1964, ConMet has innovated for more than 50 years by designing, engineering, and manufacturing revolutionary technologies for trucks and trailers. Growing in popularity worldwide, ConMet products are standard equipment on most heavy-duty vehicles in North America.   

Headquartered in Vancouver, WA, USA, ConMet has 14 additional locations throughout North America and China where over 6,000 diverse employees innovate to transform the commercial vehicle industry.   

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SOURCE The Goodyear Tire & Rubber Company

Servo Motors and Drives Market Size to Reach Revenues of around USD 19 Billion by 2026 – Arizton

CHICAGO, Jan. 27, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this global servo motors and drives market report.

AAI

The <a target="_blank"…

CHICAGO, Jan. 27, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this global servo motors and drives market report.

AAI

The servo motors and drives market is expected to grow at a CAGR of over 5% during the period 2020−2026.

Key Highlights Offered in the Report:  

  1. Japan, Germany, and the US are the major countries creating demand for servo motors and drives as these countries have higher manufacturing in major end-user industries such as machine tools, robotics, and automated tools.
  2. Increased capital investment in developing countries is expected to allow vendors to invest further in plant expansion and upgradation of manufacturing plants along with investments in automation.
  3. Major vendors in the market have strong presence in both high-end and low-end servo motors and drives segments. Also, most of the vendors are vertically integrated and provide end-to-end solutions to their customers.
  4. Price choices of vendors are largely affected by raw material costs and supply chain disruptions. Energy costs and other input costs are also some of the key factors in deciding the overall profit margin.
  5. The servo motors and drives market is highly raw material intensive with raw materials contributing to over 40%-50% of the overall cost. Thus, any fluctuation in pricing is also a deciding factor in the procurement contract.
  6. Servo motors are in higher demand currently and is expected to grow further with increase in industrial production at an estimated CAGR of over 6% compared to servo drive at around 4%.
  7. Besides major vendors in the sector, such as Mitsubishi Electric Corporation, Siemens AG, and others, various smaller brands have gained traction and are expected to do so throughout the forecast period.
  8. AC servo motors are expected to have the higher market share at around 86% due to its ability to operate with AC current as well as high pick-up frequency with both light and heavy loads during the forecast period.

Key Offerings:

  • Market Size & Forecast by Revenue | 2020−2026
  • Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
  • Market Segmentation – A detailed analysis by product type, motor type, sales channel, power output, material, voltage, end-user, and geography
  • Competitive Landscape – 12 key vendors and 19 other vendors

Get your sample today! https://www.arizton.com/market-reports/servo-motors-drivers-market-size-analysis 

Servo Motors and Drives Market – Segmentation

  • Factory automation and robotics application in several commercial and industrial segments are expected to drive the demand for servo motors. Japan, China, the US, and Germany are key countries boosting the growth of servo motors. The market is expected to grow due to an increase in automation and precision techniques.
  • Increased application of servo motors in the packaging and medical sectors is expected to drive linear servo motors’ growth. These motors provide high speed, longer strokes, and accuracy. The demand for linear servo motors was slightly high in 2020 as the demand in Europe, North America, and APAC increased.
  • Above 5kW servo motors and drives are governed by strict energy-efficiency legislation globally, especially in developed countries. These machines hold the highest revenue share in the market and are expected to accelerate further at the highest CAGR during the forecast period.

Servo Motors and Drives Market by Product Type

  • Servo Motor
    • AC
    • DC
  • Servo Drive
    • AC
    • DC

Servo Motors and Drives Market by Motor Type

  • Linear
  • Rotary

Servo Motors and Drives Market by Sales Channel

  • Direct Sales
    • Direct to OEMs
    • Direct to End-users
    • Direct to System Integrators
  • Indirect Sales
    • Distributor to OEMs
    • Distributor to End-users
    • Distributor to System Integrators

Servo Motors and Drives Market by Power Output

  • Above 5kW
  • Below 5kW

Servo Motors and Drives Market by Material

  • Stainless Steel
  • Non-stainless Steel

Servo Motors and Drives Market by Voltage

  • Low
  • Medium
  • High

Servo Motors and Drives Market by End-User

  • Machine Tools
  • Packaging
  • Electronics & Semiconductor
  • Robotics
  • Automotive
  • Metal Processing
  • Warehousing
  • Oil & Gas
  • Paper Industry
  • Aerospace & Defence
  • Food & Beverages
  • Textiles
  • Printing
  • Pharmaceutical
  • Woodworking
  • Power Generation
  • Others

Servo Motors and Drives Market – Dynamics

Servo motors and drives are some of the major components used in the industry to enhance the precision and speed of robots in industrial applications. Thus, the increased demand for robots has boosted the growth of the servo motors and drives market globally. Robotic applications are in high demand in manufacturing units and in the medical industry. Servo motors and drives are solely responsible for a robot’s movement in any industrial application. Hence, their precision is quite important. These motors change the direction and angle of different parts of a robot in a particular direction.  Servo motors can travel at speeds of around 900 mm/s and are ideal for short-stroke movements such as bending and gripping and are thus used in several industrial and commercial applications.

Key Drivers and Trends fueling Market Growth:

  • Industrial Revolution 4.0
  • Growth in CNC Machine Market
  • Advancements in Automation Industry
  • Demand from Medical Applications

Servo Motors and Drives Market – Geography

The APAC servo motors and drives market is expected to grow at a significant rate during the forecast period, owing to increased demand from countries such as China, Japan, and India. South Korea and Australia are emerging markets for the production and consumption of servo motors and drives. Continuous adoption of industrial automation in several countries of APAC and activities such as manufacturing, construction, power generation, and mining are significantly contributing to the growth of the servo motors and drives market in the APAC region. One of the key strategies among vendors for enhanced growth include increasing investments and expansion in emerging nations in APAC. Hence, the sale of servo motors and drives in the region is expected to further boost in the forecast period.

Get your sample today! https://www.arizton.com/market-reports/servo-motors-drivers-market-size-analysis 

Servo Motors and Drives Market by Geography

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Chile
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • Turkey
    • Rest of the Middle East

Major Vendors

  • Emerson
  • Siemens
  • Rockwell Automation
  • ABB
  • Mitsubishi Electric
  • Delta
  • Fuji Electric
  • Yaskawa
  • Sanyo Denki
  • Parker Hannifin
  • Allied Motion
  • Nidec

Other Prominent Vendors

  • Ametek
  • ARC Systems
  • Bonfiglioli
  • Oriental Motor
  • Schneider Electric
  • Callan Technology
  • Panasonic Industry Europe
  • Sew-Eurodrive
  • FANUC
  • Bosch Rexroth
  • Kollmorgen
  • HNC Electric
  • Moog
  • Tamagawa Seiki
  • GSK CNC Equipment
  • Infranor
  • KEB Automation
  • Beckhoff
  • TECO Electro Devices

Explore our industrial machinery profile to know more about the industry.

Read some of the top-selling reports:

About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Mail: enquiry@arizton.com

Call: +1-312-235-2040
        +1 302 469 0707

Cision View original content:http://www.prnewswire.com/news-releases/servo-motors-and-drives-market-size-to-reach-revenues-of-around-usd-19-billion-by-2026–arizton-301216139.html

SOURCE Arizton Advisory & Intelligence

CBSA seizure of record amount of methamphetamine leads to RCMP charges

COUTTS, AB, Jan. 27, 2021 /PRNewswire/ – Canada Border Services Agency/Royal Canadian Mounted Police

COUTTS, AB, Jan. 27, 2021 /PRNewswire/ – Canada Border Services Agency/Royal Canadian Mounted Police

The Canada Border Services Agency (CBSA) and Royal Canadian Mounted Police (RCMP) remain committed to protecting and supporting Canadians during the COVID-19 pandemic.

On December 25, 2020, while facilitating the entry of essential goods at the Coutts, Alberta port of entry, CBSA officers referred a semi-truck hauling produce for further inspection. While examining the shipment, CBSA officers uncovered 228.14 kg of methamphetamine with an estimated street value of $28.5 million. This amount of methamphetamine translates to 2.28 million individual dosages.

This is the CBSA’s largest seizure of methamphetamine at a land border crossing on record across Canada.

CBSA officers arrested the driver and turned the individual in to and the evidence over to Alberta RCMP. After a thorough investigation, the RCMP Integrated Border Enforcement Team (IBET) has since charged Amarpreet Singh Sandhu, 38, of Calgary on the following counts pursuant to the Controlled Drugs and Substances Act:

  • Importation of a Controlled Substance, contrary to Section 6(1); and,
  • Possession for the Purpose of Trafficking, contrary to Section 5(2).

Sandhu was released from custody on January 14, 2021, and is scheduled to appear in court on February 11, 2021, at the Lethbridge Provincial Courthouse.

Seizing and effectively preventing this enormous amount of methamphetamine from reaching our streets will have a positive impact on the safety of all Alberta communities. This seizure reflects our mutual commitment to providing excellent law enforcement services to the communities to which we serve and protect.

This seizure, arrest and subsequent charges were only made possible due to the close partnership the CBSA and RCMP have in monitoring and investigating cross-border smuggling of illicit drugs.

Quotes

«While many Canadians were celebrating Christmas at home, border services officers at Coutts remained on the front line to protect our country. It is because of CBSA officers’ diligence while screening essential goods that this record amount of methamphetamine did not reach our streets or cause harm to our communities.»Ben Tame, Director, Southern Alberta and Southern Saskatchewan District, Prairie Region, Canada Border Services Agency

«The success of this operation is a testament to the strong partnership the RCMP shares with CBSA, and law enforcement agencies across Canada. We know that crime has no borders and it is imperative that we continue working with our partners, like CBSA, to share information and coordinate enforcement action as needed to keep Canadians from the harms of illegal drugs and crime related to smuggling in Alberta and all of Canada – Superintendent K.C.A. (Allan) Lai, A. Federal Policing Operations Officer, Alberta RCMP Federal Policing Criminal Operations

Quick Facts

  • Methamphetamine is a powerful synthetic stimulant. It is illegal, highly addictive, and very dangerous to a person’s health.
  • The Integrated Border Enforcement Team under Federal Policing directly supports the Alberta RCMP Strategic Framework providing enhanced support to the safety and security of Albertans.
  • The previous CBSA record for amount of methamphetamine seized at a land border crossing was approximately 200 kg, from an incident on December 24, 2019 at the Ambassador Bridge port of entry in Windsor, Ontario.
  • The CBSA and the RCMP work together to prevent illegal drug smuggling that endangers the safety of Canadian communities and generates profits for organized crime.
  • The Coutts border crossing is located on Highway 4 approximately 109 km southeast of Lethbridge.

Associated Link
Border Watch Line

Follow us on Twitter at @CanBorderPRA and @RCMPAlberta.

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SOURCE Canada Border Services Agency