MiniTool Video Converter 3.0.0 Major Release: Screen Recorder & Japanese Added

VANCOUVER, BC, Jan. 27, 2021 /PRNewswire/ — MiniTool® software just released MiniTool Video Converter 3.0.0. Only five months after the last update, this free video converter has added a Screen Record feature and optional Japanese language and has fixed several previous bugs.

Brand New Screen Record

MiniTool says multimedia users have a strong demand for video recording, especially when they need to record video

VANCOUVER, BC, Jan. 27, 2021 /PRNewswire/ — MiniTool® software just released MiniTool Video Converter 3.0.0. Only five months after the last update, this free video converter has added a Screen Record feature and optional Japanese language and has fixed several previous bugs.

Brand New Screen Record

MiniTool says multimedia users have a strong demand for video recording, especially when they need to record video tutorials and instructions, capture webinars and online calls, record gameplays, as well as grab streaming videos and online events.

Therefore, MiniTool Video Converter 3.0.0 version has added a new Screen Record feature to meet the various screen recording needs so that users don’t have to install additional software or plug-ins. According to MiniTool, users can easily capture all the activities that occur on their computer screens, and then save the recorded video in the desired format without watermarks.

The drawback is that MiniTool Video Converter 3.0.0 can only work on the Windows system and there are no editing tools for post-production. However, the MiniTool team claims that they may make up for this in subsequent updates.

Japanese Added

MiniTool is always making efforts to expand its user groups worldwide and improve its user experience. Considering the huge demand for video software in Japan, MiniTool Video Converter 3.0.0 has added a Japanese option.

Users can switch between English and Japanese with one click, which helps the program to be further popularized globally. MiniTool claims that more languages will be added based on market feedback in the future.

Improvements & Bug Fixes

The MiniTool team also fixed some bugs in the MiniTool Video Converter 2.1.0 version, such as the unequal file length before and after conversion, the inconsistency between the actual size of the converted file and the estimated size, etc.

About MiniTool Video Converter

Initially released on July 29, 2020, MiniTool Video Converter is aiming to provides users with the most direct solution to convert audio and video files to various formats, and download videos, audio tracks, playlists, as well as subtitles.

About MiniTool

As a dedicated software development company, MiniTool® Software Ltd. has been committed to providing users with the latest and professional solutions in partition management, data recovery, file backup, video production, and video conversion.

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SOURCE MiniTool Solution Ltd.

FTC Solar launches Voyager+ Tracker supporting 500+ Watt Module Transition

AUSTIN, Texas, Jan. 27, 2021 /PRNewswire/ — FTC Solar today announced the release of Voyager+, the next generation of its single-axis Voyager tracker, engineered to provide compatibility with new large-format solar modules now entering the marketplace.  

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AUSTIN, Texas, Jan. 27, 2021 /PRNewswire/ — FTC Solar today announced the release of Voyager+, the next generation of its single-axis Voyager tracker, engineered to provide compatibility with new large-format solar modules now entering the marketplace.  

FTC Solar is launching Voyager+, a solar tracker designed to accommodate large-format PV modules.

The large modules entering the market are built to incorporate larger solar cells, which are the energy producing heart of each solar panel.  With these larger 182mm and 210mm cells, the modules can achieve power output exceeding 500 watts. Voyager+ supports these larger format modules and will be able to accommodate multiple module sizes from a variety of solar manufacturers.   

«We are seeing an increasing level of interest around large-format modules and are pleased to introduce this new Voyager line to support our customers,» said Tony Etnyre, FTC Solar’s CEO. «As the industry transitions to larger modules, FTC Solar is ready to deliver tracking systems that are compatible with a variety of module sizes and configurations, while maintaining our two-in-portrait format and industry-leading installation speeds,» he added.    

FTC Solar is currently conducting tests at its research facility near Denver, Colorado, and will be evaluating the performance and structural requirements of a wide variety of large-format modules. 

 Large-format modules are expected to lower solar project development costs and improve the return on investment for solar developers. According to a Wood Mackenzie industry analysis, labor savings alone could be up to 6%, and energy production per acre will increase, with production gains depending on the module size and technology.

The transition to large-format modules is the next step forward in an industry that has been aligned around smaller standard module sizes for over a decade. The industry’s ecosystem of electrical and structural components has been developed around these modules and standardization has simplified construction, driving overall system costs down.

The new large format modules will continue to drive system-level efficiency improvements, but certain components, including trackers, must undergo design modifications. FTC Solar has been collaborating with module manufacturers to identify and implement engineering changes to support larger modules such as strengthened torque tubes and modified damping technology.   

Module manufacturers are ramping up production of 500W modules with 600W modules expected to be deployed in the second half of 2021.     

About FTC Solar    
 FTC Solar is a fast-growing, global provider of solar tracker systems, technology, software, and engineering services.  Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun.  FTC Solar’s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.   

Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is headquartered in Austin, Texas, and maintains sales and support offices in Australia, India, the Middle East and Southeast Asia.  For more information, please visit www.FTCSolar.com.  

Media Contact:  
Amber Gallagher-Schranz  
Email: pr@ftcsolar.com  
Phone: 866-FTC-SOLAR  

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SOURCE FTC Solar

Tougher border controls to protect public health

Tougher border controls to protect public health

Tougher border controls to protect public health

PR Newswire

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Tougher border controls to protect public health

Tougher border controls to protect public health

PR Newswire

LONDON, 27 January 2021 /PRNewswire Policy/ —

Further action to minimise travel across international borders.

The government has announced further action for outbound and inbound passengers to minimise travel across international borders and reduce the risk of Covid-19 transmission.

While the focus is on protecting the UK’s world-leading vaccination programme, this action will reduce the risk of a new variant of the virus being transmitted from someone coming into the UK.

The measures announced today include:

For those wishing to travel out of the UK

– Declaring reason for travel: anyone who does not have a valid reason for travel will be directed to return home and may face a fine. The reason for travel will be checked.

– Increased police enforcement: there will be an increased police presence at ports and airports, fining those in breach of the stay at home regulations. Anyone – without valid reason for travel will be directed to return home and may face a fine.

– Reviewing travel exemptions: the list of travel exemptions will be urgently reviewed so that only the most important and exceptional reasons are included.

For those seeking to enter the UK

– Managed isolation in hotels: this will be for those arriving from countries where we have imposed international travel bans and who cannot be refused entry. They will be required to isolate for ten days without exception and more details will be provided in due course.

– Police checks: police are carrying out more physical checks at addresses to make sure people are self-isolating.

Home Secretary Priti Patel said:

«There are still too many people coming in and out of our country each day. The rules are clear – people should be staying at home unless they have a valid reason to leave. Going on holiday is not a valid reason.

«As we have done throughout this global health emergency, we will continue to take all steps necessary to protect the public and help prevent the spread of the virus.»

These new measures are on top of the restrictions already in place, all of which help reduce the risk of importing a new variant.

– Refusing entry: we will continue to refuse entry to non-UK residents from red list countries which are already subject to a UK travel ban.

– Entering the UK: passengers arriving in the UK need to provide evidence of a negative pre-departure Covid test. There is also the requirement for people arriving from abroad to self-isolate on arrival, and the requirement to complete a passenger locator form, with fines for those who fail to comply.

– Detecting new variants: we will help other countries to access to the UK’s world-leading gene sequencing capabilities to help with early identification of any new and dangerous variants of the virus.

All measures will be kept under review and further action will be taken to protect the public if needed.

SOURCE UK Home Office

LONDON, 27 January 2021 /PRNewswire Policy/ —

Further action to minimise travel across international borders.

The government has announced further action for outbound and inbound passengers to minimise travel across international borders and reduce the risk of Covid-19 transmission.

While the focus is on protecting the UK’s world-leading vaccination programme, this action will reduce the risk of a new variant of the virus being transmitted from someone coming into the UK.

The measures announced today include:

For those wishing to travel out of the UK

– Declaring reason for travel: anyone who does not have a valid reason for travel will be directed to return home and may face a fine. The reason for travel will be checked.

– Increased police enforcement: there will be an increased police presence at ports and airports, fining those in breach of the stay at home regulations. Anyone – without valid reason for travel will be directed to return home and may face a fine.

– Reviewing travel exemptions: the list of travel exemptions will be urgently reviewed so that only the most important and exceptional reasons are included.

For those seeking to enter the UK

– Managed isolation in hotels: this will be for those arriving from countries where we have imposed international travel bans and who cannot be refused entry. They will be required to isolate for ten days without exception and more details will be provided in due course.

– Police checks: police are carrying out more physical checks at addresses to make sure people are self-isolating.

Home Secretary Priti Patel said:

«There are still too many people coming in and out of our country each day. The rules are clear – people should be staying at home unless they have a valid reason to leave. Going on holiday is not a valid reason.

«As we have done throughout this global health emergency, we will continue to take all steps necessary to protect the public and help prevent the spread of the virus.»

These new measures are on top of the restrictions already in place, all of which help reduce the risk of importing a new variant.

– Refusing entry: we will continue to refuse entry to non-UK residents from red list countries which are already subject to a UK travel ban.

– Entering the UK: passengers arriving in the UK need to provide evidence of a negative pre-departure Covid test. There is also the requirement for people arriving from abroad to self-isolate on arrival, and the requirement to complete a passenger locator form, with fines for those who fail to comply.

– Detecting new variants: we will help other countries to access to the UK’s world-leading gene sequencing capabilities to help with early identification of any new and dangerous variants of the virus.

All measures will be kept under review and further action will be taken to protect the public if needed.

SOURCE UK Home Office

Diversity-Focused Career Fair And Talks With Valerie Jarrett, Carla Harris, & More On Feb. 1st – Feb. 5th

NEW YORK, Jan. 27, 2021 /PRNewswire/ — Women-led startup PowerToFly is hosting their third Diversity Reboot Summit from February 1st to February…

NEW YORK, Jan. 27, 2021 /PRNewswire/ — Women-led startup PowerToFly is hosting their third Diversity Reboot Summit from February 1st to February 5th, culminating in a virtual career fair connecting underrepresented talent with companies committed to building more diverse and inclusive teams.

«Presidents use their first 100 days to supercharge their future-oriented progress,» explained PowerToFly CoFounders Katharine Zaleski and Milena Berry. «We’re bringing that same energy to thousands of participants with the help of our incredible speaker lineup, from Representative Val Demings to legendary organizer Ai-jen Poo.

«We want attendees, whether they’re looking for a new role or want to build out a team, to make actionable plans that they can execute on,» added Berry.

Zaleski explained the importance of concluding the Summit with a career fair: «We’ll be connecting people directly to Facebook, Amazon, and more companies that have made very public diversity and inclusion commitments. It’s on us to ensure these companies meet thousands of diverse candidates who we know will make fantastic hires.» 

Career Fair attendees will hear about companies’ open roles, DEI initiatives, and culture, but the majority of the time will be left for attendees to ask company representatives their questions.

«We’ve known for a long time that it’s not about telling underrepresented candidates to apply. It’s about showing them they belong. The career fair will help candidates get a sense for this virtually at a time when they can’t visit offices in-person,» said Berry.

The Career Fair, like the rest of the Summit, will be especially focused on increasing Black and Latinx representation. Zaleski added, «Gender diversity is just one component of diversity, equity, and inclusion. As we expand, we’re actively shifting towards a more holistic and intersectional approach to DEI.»

Learn more about the Summit and register for free here.

ABOUT POWERTOFLY

Major brands partner with PowerToFly to build and retain more diverse teams, leveraging their database of 25+ million diverse candidate profiles.

 

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SOURCE PowerToFly

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.

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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.

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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 

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SOURCE Naples Underground

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.

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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.

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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