Categoría: Hispanicmotorpress

Automotive Applications to Spur Demand for Surface Treatment Chemicals by 2026

Products that meet long-term regulatory requirements and reduce application costs are expected to witness solid growth, finds Frost & Sullivan

SANTA CLARA, California, Aug. 14, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Growth Opportunities in Global Surface Treatment Chemicals Market, Forecast to 2026, predicts that the market will reach $8.69 billion by 2026, from $7.51 billion in…

Products that meet long-term regulatory requirements and reduce application costs are expected to witness solid growth, finds Frost & Sullivan

SANTA CLARA, California, Aug. 14, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Growth Opportunities in Global Surface Treatment Chemicals Market, Forecast to 2026, predicts that the market will reach $8.69 billion by 2026, from $7.51 billion in 2019, although a temporary slowdown is expected in 2020 and 2021 due to the impact of COVID-19. The volume consumption of surface treatment chemicals in automotive applications in 2019 represented 49.5% of industry end use. Metals such as steel, aluminum, iron, and titanium used in the automotive industry increasingly require surface treatment for different purposes, including aesthetic appeal, electrical insulation, and thermal insulation, which are expected to help the market grow. Post-pandemic demand will mainly come from the automotive, industrial machinery, and electrical and electronics industries.

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For further information on this analysis, please visit: http://frost.ly/4bq

«The surface treatment market is constantly challenged by increasing market demands. Multiple criteria such as environmental sustainability, energy efficiency, and multiple application capabilities pose a challenge to manufacturers in niche product development,» said Ganesh Dabholkar, Senior Research Analyst. «The trend is expected to translate into the development of product chemistries that are not only versatile in terms of compatibility with a variety of applications but are also compliant with regulatory norms for surface treatment chemicals in the long term, across regions.»

Dabholkar added: «Rising demand for chemistries that impart improved durability and superior surface finish, and new investments in infrastructure projects around the world, will uncover new opportunities in the global market for surface treatment chemicals.»

For further revenue opportunities, chemical manufacturers should:

  • Develop products that help reduce application time and infrastructure costs, augment long-term regulatory compliance, and demonstrate multi-application capability to provide cost benefits to customers.
  • Partner with automotive and aerospace industries to understand unmet needs such as surface treatment of new substrate types.
  • Focus on developing environment-friendly additive products, which are recognized as sustainable by end-use industries, to create fresh business opportunities for themselves.
  • Offer customers strong technical support, including the development and sales of efficient application equipment specific to their products, to help customers gain high efficiency.

Growth Opportunities in Global Surface Treatment Chemicals Market, Forecast to 2026 is part of Frost & Sullivan’s global Chemicals and Materials Growth Partnership Service program.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Growth Opportunities in Global Surface Treatment Chemicals Market, Forecast to 2026
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XCMG’s Global Livestreaming Proves a Success as Third Event Turnover Reaches US$28 Million in Five Hours

XUZHOU, China, Aug. 14, 2020 /PR Newswire/ — Leading Chinese construction machinery manufacturer XCMG (SZ:000425) is expected to deliver the first order totaling 60 million yuan (US$8.6 million) placed during its third global livestreaming sales event to Middle East region this weekend, the sets of construction machinery equipment includes mobile cranes and a crane model customized for the relevant…

XUZHOU, China, Aug. 14, 2020 /PR Newswire/ — Leading Chinese construction machinery manufacturer XCMG (SZ:000425) is expected to deliver the first order totaling 60 million yuan (US$8.6 million) placed during its third global livestreaming sales event to Middle East region this weekend, the sets of construction machinery equipment includes mobile cranes and a crane model customized for the relevant market.

XCMG's Global Livestreaming Proves a Success as Third Event Turnover Reaches US$28 Million in Five Hours

The third livestreaming of XCMG’s 2020 International Customer Festival (the «Festival») targeting Middle Eastern and African markets took place on July 16 in the factory shop of XCMG Fire-fighting Safety Equipment Company, the largest fire safety industry manufacturing base in China. XCMG demonstrated more than 30 equipment products and introduced the six major construction solutions of hoisting, road, aerial work platform and special vehicles, earthmoving, logistics and environmental sanitation in English and French.

Together with global audience who joined the livestreaming, XCMG unveiled the XCA40_M all-terrain crane customized and designed for the Middle East as well as the GR2005 Serie 5 grader products. A second-hand equipment trading section of the third livestreaming also provided an all-new asset dealing solution for global customers, a total of 18 aerial work platforms were sold successfully.

The event attracted a total of 200,000 viewers from China and reached 335,000 in exposure on overseas social networking platforms. The sales generated from the livestreaming totaled over 200 million yuan in value (US$28.74 million).

In addition to showcasing the products in action and introducing the XCMG brand and its products and services to global customers, XCMG also announced a donation of 100,000 medical masks to Middle East and Africa during the third livestreaming.

Offering the best deals and the most convenient purchasing experience, XCMG’s decision to host the second Festival online through a series of livestreaming sessions has proved to be a huge success. Comprehensive presentations of XCMG’s flagship products and real-time interactive dialogues answering the audiences’ inquiries have significantly improved customer engagement as well as the brand influence.

«XCMG is adapting to the everchanging sales and service trends to better serve our customers in international markets, by showcasing the products in livestreaming and complete orders online, we not only overcame the impacts of the COVID-19 pandemic but also explored new possibilities of the brand’s overall international development,» said Wang Min, Chairman of XCMG.

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Automated Guided Vehicle (AGV) Market Size to Reach USD 9.5 Billion by 2026 – Valuates Reports

BANGALORE, India, Aug. 13, 2020 /PRNewswire/ — Automated Guided Vehicle (AGV) is an autonomous, computer-controlled mobile transport vehicle used in a wide range of industries for material handling and transport. An AGV is a vehicle powered by a battery or an electric motor and capable of conducting tasks without human control or operation.

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BANGALORE, India, Aug. 13, 2020 /PRNewswire/ — Automated Guided Vehicle (AGV) is an autonomous, computer-controlled mobile transport vehicle used in a wide range of industries for material handling and transport. An AGV is a vehicle powered by a battery or an electric motor and capable of conducting tasks without human control or operation.

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In 2019, the global Automated Guided Vehicle market size was USD 3.3 Billion and it is expected to reach USD 9.5 Billion by the end of 2026, with a CAGR of 19.9% during 2021-2026.

Major factors responsible for the growth of Automated Guided Vehicle market size are rising demand for automation in material handling across sectors, changing demand from mass manufacturing to mass customization, increasing e-commerce penetration, and improved occupational safety standards.

COVID-19 is the expected cause of slump in the growth of the AGV market size. The outbreak of the COVID-19 pandemic has a major effect on sectors such as aviation, transportation, mining, and food & beverages. One of the main sectors incurring major losses due to the COVID-19 pandemic scenario is the automotive industry. Demand for vehicles has been hampered internationally due to lockdowns introduced in numerous countries around the world and suspended production activities.

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TRENDS INFLUENCING THE AUTOMATED GUIDED VEHICLE MARKET SIZE

Industrial development in developing markets, the intralogistics sector ‘s presence in Southeast Asia, and the growing adoption of industrial automation by SMEs are expected to accelerate the growth of Automated Guided Vehicle Market size during the forecast period.

The growth of the e-commerce industry is, in turn, expected to increase the Automated Guided Vehicle Market size. Deploying AGVs in warehouses helps e-commerce businesses automate the tasks of intralogistics, such as sorting, selection, and palletizing, thus increasing efficiency. The adoption of AGVs by the e-commerce industry is increasing substantially as industry incumbents try to roll out a reliable storage process and enhance efficiency.

Retail and commerce firms are adopting integrated robots in their warehouses. This, in turn, is expected to increase the market size during the forecast period.

The increasing need for automation in material handling processes across industries is expected to increase the Automated Guided Vehicle Market size during the forecast period. Industrial plant automation by AGV will help meet material handling capability requirements, along with reducing processing time, decreasing the likelihood of human mistakes, maintaining high output volumes, and increasing efficiency and repeatability.

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AUTOMATED GUIDED VEHICLE MARKET SHARE ANALYSIS

In 2019, the European region held the largest Automated Guided Vehicle market share. This dominance is attributed to the increasing demand for material handling equipment by the incumbents of the manufacturing industry.

North America is expected to witness stable growth as the region has a well-established manufacturing sector, and businesses are rapidly implementing automation technologies to automate their warehousing operation.

The Asia Pacific region is predicted to grow at the highest CAGR during the forecast period. This rapid growth can be attributed to the growing e-commerce industries in this region.

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TOP COMPANIES IN THE AUTOMATED GUIDED VEHICLE MARKET

The Automated Guided Vehicle market is highly fragmented, with many regional and global players trying to capture a major market share. Retailing and other logistics based companies are collaborating and partnering with tech leaders to change the material handling industry.

Some of the top companies in the Automated Guided Vehicle Market are,

  • Dematic
  • Daifuku
  • Siasun
  • Meidensha
  • Toyota
  • Swisslog
  • CSG
  • Yonegy
  • Rocla
  • JBT
  • DS Automotion
  • Aichikikai
  • CSIC
  • Ek Automation
  • MIR
  • Aethon
  • Atab
  • Seegrid
  • AGVE Group
  • Others.

Segment by Type, the Automated Guided Vehicle market is segmented into

  • Tugger Type
  • Pallet Truck
  • Unit Load Carrier
  • Others.

Segment by Application, the Automated Guided Vehicle market is segmented into

  • Manufacturing Sector
  • Wholesale and Distribution Sector.

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SIMILAR REPORTS :

  • Tugger Automated Guided Vehicle Market Report

Tugger automated guided vehicles were introduced as one of the first forms of AGVs, and are still popular. Those AGVs can pull a multitude of trailer types and non-driven carts, either automatically or manually.

Tugger AGVs with reliable and consistent workflows improve operating efficiencies. By increasing the safety of staff, goods, and equipment with precise and regulated movements, Tugger AGVs minimize the usual operating costs and concerns of conventional forklift trucks. Delivery and timing of the goods can be monitored so that goods are where they should be, and when they should be. These factors are expected to increase the Tugger Automated Guided Vehicle Market size during the forecast period.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-19R2242/global-tugger-automated-guided-vehicle

  • Forklift Automated Guided Vehicles Market Report

The Forklift Automated Guided Vehicles Market report includes a country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of production capacity, price, and revenue for the period 2015-2026.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-35Z2122/global-forklift-automated-guided-vehicles

  • Clamp Automated Guided Vehicles Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-5U2378/global-clamp-automated-guided-vehicles

  • COVID-19 Impact on Global Hospital Automated Guided Vehicle (AGV) Market Report

Hospital AGV works in areas shared with pedestrians or in dedicated service lifts & paths, more efficiently. A fleet of these vehicles will provide 24-hour shift service to a hospital in poor lighting, but with improved protection and minimizing costs.

Typical hospital AGV models are flexible to meet the specific needs and conditions of each hospital with different navigation, interfacing, and load handling technologies. These factors are expected to increase the growth of the Global Hospital Automated Guided Vehicle market size during the forecast period.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-33M1803/global-hospital-automated-guided-vehicle-agv

  • Unit load Automated Guided Vehicles Market Report

Unit Load AGVs are used for pallet distribution, wide bins, or roll handling. Unit Load AGV ‘functions best in wide areas where plenty of space for maneuverability is available.

Using Unit Load AGVs can minimize damage to the commodity, aisle traffic, and provide efficient scheduling capabilities. These advantages offered by Unitload AGV are, in turn, expected to increase the Unitload Automated Guided Vehicles Market size.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-13R2381/global-unitload-automated-guided-vehicles

  • Custom Automated Guided Vehicles Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-31S2061/global-custom-automated-guided-vehicles

  • Self-Guided Vehicles Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-13T2108/global-self-guided-vehicles

  • COVID-19 Impact on Rail Guided Vehicle System Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-14L2795/covid-19-impact-on-rail-guided-vehicle-system

  • COVID-19 Impact on Global Autonomous Pallet Trucks Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-2M2884/covid-19-impact-on-global-autonomous-pallet-trucks

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Frost & Sullivan Reveals Global Light Commercial Vehicle Market Outlook for 2020

Future-driven technologies such as connectivity, advanced safety, and autonomous features driving the global LCV market toward recovery amid COVID-19 disruptions

SANTA CLARA, California, Aug. 13, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Light Commercial Vehicle (LCV) Market Outlook, 2020, finds that global sales of LCVs are projected to reach 9.49 million units in 2020, with pickups contributing to 4.62 million units. The global economic impact…

Future-driven technologies such as connectivity, advanced safety, and autonomous features driving the global LCV market toward recovery amid COVID-19 disruptions

SANTA CLARA, California, Aug. 13, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Light Commercial Vehicle (LCV) Market Outlook, 2020, finds that global sales of LCVs are projected to reach 9.49 million units in 2020, with pickups contributing to 4.62 million units. The global economic impact of COVID-19 caused the market to decline by 19% in global LCV sales from 11.72 million units in 2019. The European market is experiencing the worst hit as countries such as Italy and Spain are facing an average decline in LCV sales of 35% to 50% in 2020.

For further information on this analysis, please visit: http://frost.ly/47n

«Strong stimulus packages from the governments will be necessary to support the economy and cope with low business confidence and high unemployment rate, which stemmed from nationwide lockdowns during the pandemic,» said Marshall Martin, Industry Analyst, Automotive & Transportation, at Frost & Sullivan. «The 2020 slowdown will be particularly pronounced across advanced economies such as the United States, Germany, Italy, and Japan.»

E-commerce and connectivity will continue to drive the global LCV market as last-mile delivery and electrification are expected to grow in influence in the coming years. With restrictions on geographical movement during the COVID-19-induced lockdown, e-commerce and last-mile delivery applications will see a spike in demand to deliver essentials at doorsteps.

He added: «Electric light commercial vehicles (eLCVs) will continue to gain prominence going forward with a slew of launches expected until 2023. Emerging trends in the market, such as connectivity, advanced safety, and autonomous features, offer great opportunities for the growth of the global LCV market in the next three to five years.»

The market outlook in key regional markets will vary considerably. The main trends and growth opportunities in each key region are presented below:

  • North America: LCVs are expected to be on the decline for the rest of the year, with full-size pickups expected to be the most affected because of the slowdown in the construction sector.
  • Europe: The region is expected to have a fairly good penetration of eLCVs compared to other regions going forward, with several new launches such as e-Dispatch and e-Transporter expected in 2020.
  • China: The market in China is expected to pick up gradually from Q2 2020 as the recent growing domestic demand for pickups has pushed local OEMs to create more pickup products.
  • India: The growing penetration of e-commerce and last-mile connectivity will drive the segment to experience robust growth in the next five to 10 years.
  • LATAM: The region is expected to remain under further downward pressure with falling commodity prices due to COVID-19, and the market will likely decline by 17% in 2020.
  • Russia: The LCV market in Russia is expected to contract by 16% in 2020, coupled with falling oil prices and threat of sanctions.
  • APAC: 2020 is expected to be a turning point for the penetration of eLCVs in the larger ASEAN region with substantial investment coming from OEMs and fleets.
  • GCC: Despite the record-low oil prices, the market in the GCC is experiencing a boost in e-commerce, which provides opportunities in the region’s logistics sector.

Global Light Commercial Vehicle Market Outlook, 2020 is the latest addition to Frost & Sullivan’s Automotive & Transportation research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Global Light Commercial Vehicle Market Outlook, 2020
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Two models to be launched together, GAC MOTOR brings the urban SUV GS5 and the versatile MPV GN6 to Bahrain market on August 16

MANAMA, Bahrain, Aug. 12, 2020 /PRNewswire/ — On August 16, GAC MOTOR will unveil its two comprehensively upgraded models, the GS5 and GN6, in Bahrain. The price, configuration parameters and service policies of the two models will be announced at a later time.

<img id="prnejpgb789left" title="GS5&GN6" border="0" alt="GS5&GN6" align="middle"…

MANAMA, Bahrain, Aug. 12, 2020 /PRNewswire/ — On August 16, GAC MOTOR will unveil its two comprehensively upgraded models, the GS5 and GN6, in Bahrain. The price, configuration parameters and service policies of the two models will be announced at a later time.

GS5&GN6

As the two latest flagship products of GAC MOTOR, the GS5 and GN6 bring together the latest achievements in brand research, development and global innovation. Localized to Bahrain’s unique tropical desert climate and harsh desert terrain, GAC MOTOR combines the daily travel needs of the people of Bahrain by introducing a new generation of pioneer SUV model GS5. The latest GS5, now available in Bahrain, comes equipped with multi-terrain driving mode and master-level tuning chassis, which greatly improves the ride comfort and vehicle handling, and provides considerate and efficient driving protection for Bahraini consumers.

The GN6, another versatile MPV model, has also been carefully crafted by the GAC’s R&D team over the years, which is specifically designed for pragmatic and enterprising people who are also looking to enjoy life. Living a diverse life and enjoying a wide range of activities and social networks, they expect to take care of their families while also indulging in full enjoyment. And GN6 will be a perfect interpretation of home and commercial use with its multi-functional and large space. This listing will announce the official launch of GS5 and GN6 in the Bahrain market. It is believed that with their excellent product quality and brand reputation, they will surely become a strong brand of best-selling models in the Bahrain market.

It is understood that GAC MOTOR officially entered the Bahrain market in 2015. Its sales have been rising steadily. It has ranked No. 1 among Chinese brands in imports and terminal sales for four consecutive years. And the market share is more than 2%, which is very popular among local consumers. The introduction of the vehicle series will once again complete the Bahrain market, which not only reflects the important position of Bahrain and the Middle East market in the GAC MOTOR international strategic map but also provides a solid guarantee for GAC MOTOR to further develop and deepen the Middle East market.

Nowadays, with the rapid growth of the national economy, the consumption level of Bahraini people has been continuously upgraded and expectations for vehicle quality have also increased. GAC MOTOR is fully in touch with the development on the ground and the trends of user needs with its fashion and cutting-edge products, excellent taste and services. GAC serves the travel and life of the Bahraini people, allowing Bahraini consumers to recognize the first-class benefits and strength of GAC products so as to experience the energy and flexibility brought by the new vehicles. The future is now, and already is here in Bahrain. GAC MOTOR will continue to impress consumers around the world with its high-end manufacturing strength and quality.

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Mobility as a Service Market worth $70.4 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 12, 2020 /PRNewswire/ — According to the new market research report «Mobility as a Service Market by Service (Ride Hailing, Car Sharing, Micro Mobility, Bus Sharing, Train), Solution, Application, Transportation, Vehicle Type, Operating System, Business Model and…

CHICAGO, Aug. 12, 2020 /PRNewswire/ — According to the new market research report «Mobility as a Service Market by Service (Ride Hailing, Car Sharing, Micro Mobility, Bus Sharing, Train), Solution, Application, Transportation, Vehicle Type, Operating System, Business Model and Region – Global Forecast to 2030″, published by MarketsandMarkets™, the global Mobility as a Service Market size is projected to reach USD 70.4 billion by 2030, from an estimated USD 4.7 billion in 2020, at a CAGR of 31.1%.

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The growth of the global Mobility as a Service Market is influenced by factors such as increasing urbanization and smart city initiatives, growing overall on demand mobility services, need to reduce CO2 emissions, and improved 4G/5G infrastructure and penetration of smartphones. Therefore, the Mobility as a Service Market is expected to witness significant growth in the future.

Four-wheelers segment to hold the largest market share during the forecast period.

Four-wheelers is projected to be the largest MaaS segment, by vehicle type, due to higher popularity of ride hailing and car-sharing services across the globe. Apart from conventional ride sharing transport modes, MaaS also offers the use of autonomous and electric cars. With rapid developments in electric and autonomous cars, along with increasing acceptance from consumers, the four-wheelers segment is likely to continue to witness strong growth over the forecast period. According to the European Automobile Manufacturers Association (ACEA), the market share of battery electric vehicles and plug-in hybrids is expected to be around 5-10% of all passenger cars across the European Union by 2030. Luxury cars are also accessible using MaaS, which would otherwise not be possible.

Insurance services is expected to be the fastest growing segment from 2020 to 2030.

Insurance companies play a vital role in a transit user’s life and mobility. The move towards MaaS is gaining momentum; however, it is early to predict with certainty how it will affect the dynamics of auto insurance. The present form of insurance is likely to be replaced by commercial insurance of fleets of MaaS vehicles. Selling insurance products to end users could allow MaaS providers to maintain their position in the market, especially in developing economies. The insurance services market will see a successive increase with the growth of MaaS as more vehicles will be integrated. Hence, by solution type, insurance services segment is expected to be the fastest-growing segment at a CAGR of 36.3% during the forecast period.

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Europe is estimated to lead the global Mobility as a Service Market in 2020.

Currently, Europe contributes a share of 35.5% to the overall market. It is the largest market since it has been an early adopter of MaaS. Countries such as the UK, Germany, France, and the Netherlands have been continuously investing in smart transportation infrastructure. Developed economies such as Finland and Germany are early adopters of MaaS, making Europe the largest market. Also, countries such as the UK, France, and the Netherlands have been investing in smart transportation infrastructure, thereby ensuring a strong position in the European market. Planned investments to improve urban transport and traffic infrastructure are expected to drive the European MaaS market. The region is expected to hold a dominant share in the MaaS market for the next 3-4 years as well as post 2025.

The global Mobility as a Service Market is dominated by major players such as Moovit Inc. (Israel), MaaS Global Oy (Finland), Citymapper (UK), Mobilleo (UK), SkedGo Pty Ltd (Australia), UbiGo (Sweden), Splyt (UK), Qixxit (Germany), Communauto (Canada), and Tranzer (Netherlands).

Browse Related Reports:

Intelligent Transportation System Market with COVID-19 Impact Analysis by Offering, System (Advanced Traffic Management System, ITS-Enabled Transportation Pricing System, and Others), Application, and Geography – Global Forecast to 2025.

COVID-19 Impact on Ride Sharing Market by Service Type (E-Hailing, Car Sharing, Car Rental, Station-Based Mobility), Data Service (Information, Navigation, Payment) and Region – Forecast to 2021.

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HiPhi X, the world’s first self-learning super SUV, to be launched at the 2020 Beijing Auto Show

SHANGHAI, Aug. 12, 2020 /PRNewswire/ — On August 11, Human Horizons under its HiPhi brand is excited to announce that its premium all-electric vehicle, known initially by its prototype name, HiPhi 1, will be named the HiPhi X (pronounced ‘Hi-Fi-Ex’) and will be launched at the 2020 Beijing Auto Show.

<img id="prnejpga3d8left" title="HiPhi X to be launched at the 2020 Beijing Auto Show"…

SHANGHAI, Aug. 12, 2020 /PRNewswire/ — On August 11, Human Horizons under its HiPhi brand is excited to announce that its premium all-electric vehicle, known initially by its prototype name, HiPhi 1, will be named the HiPhi X (pronounced ‘Hi-Fi-Ex’) and will be launched at the 2020 Beijing Auto Show.

HiPhi X to be launched at the 2020 Beijing Auto Show

 iPhi X is a new generation of intelligent all-electric vehicles. Based on the Human Oriented Architecture (HOA), which is OTA (over-the-air) upgradable, HiPhi X features a secure software-developer platform to enable feature and app development.

HiPhi X is equipped with an advanced, highly-personalised onboard AI assistant, HiPhiGo, which has been developed in collaboration with Microsoft. HiPhiGo is highly sensory, with an array of intelligent functions, including a level of reasoning and continuous learning whilst interacting with its occupants, the surrounding environment and a multitude of vehicle parameters.

This new breed of self-learning smart vehicle has a «neural network» consisting of 6 «super brain» domain controllers, connected by 1G Ethernet, which provides a higher transmission rate than traditional CAN networks. HiPhi X is able to analyse massive amounts of information and make decisions utilising cloud computing with a powerful data analysis engine, which results in a truly intelligent and smart vehicle.

HiPhi X will be one of the world’s leaders by offering Level 3 autonomous driving at launch, which is supported by redundancy in all key safety-related systems. HiPhi X will be offered with rear- and all-wheel drive derivatives and will provide a 0-to-100 km/h time of 3.9 seconds. There will also be several battery options, with the largest 96 kWh unit providing a range of at least 610 km (NEDC).

HiPhi X is now entering the final phase of development and launch ahead of production which is expected to commence by the end of this year, with official deliveries in 2021.

About the HiPhi Brand

HiPhi is a premium brand created by Human Horizons and enhanced by its users. HiPHi 1 is an EV with a lightweight hybrid- aluminum construction. It also embeds sustainability with the adoption of vegan leather and the use of recyclable materials to further increase the sustainable nature of Human Horizons’ EV products.

About Human Horizons

Human Horizons is established for R&D in innovative and leading intelligent mobility technologies as well as the industrialisation of future-oriented smart vehicles. Furthermore, Human Horizons builds smart transportation technologies and contributes to the development of smart cities, which will redefine human mobility.

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Automotive Heat Shield Market worth $13.9 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 11, 2020 /PRNewswire/ — According to the new market research report «Automotive Heat Shield Market by Application (Engine, Exhaust, Under Bonnet, Under Chassis, Turbocharger), Product (Single Shell, Double Shell, Sandwich), Function (Acoustic, Non-Acoustic),…

CHICAGO, Aug. 11, 2020 /PRNewswire/ — According to the new market research report «Automotive Heat Shield Market by Application (Engine, Exhaust, Under Bonnet, Under Chassis, Turbocharger), Product (Single Shell, Double Shell, Sandwich), Function (Acoustic, Non-Acoustic), Material, Vehicle Type, EV, and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global Automotive Heat Shield Market is projected to reach USD 13.9 billion by 2025 from USD 11.7 billion in 2020, at a CAGR of 3.4% during the forecast period. Automotive heat shields are used at various locations within a vehicle to protect the vehicle body and components from excessive heat generated by the engine and exhaust systems. These exhaust gases can reach temperatures up to 900 degrees. Technological advancements have made automotive heat shields safer and more effective over the past few years. The materials used in automotive heat shield fabrication include aluminum, nylon, and ceramic.

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Due to the increasing number of automotive sales across the globe, there is immense scope and opportunities for the Automotive Heat Shield Market. Automotive heat shield manufacturers have been able to bring innovation to their products. Integration and customization of heat shields with advanced technologies have been able to ensure new and innovative heat shielding components for hybrid and electric vehicles as well.

Vehicle production remained low in April and May 2020 in major European countries and the US due to the ongoing COVID-19 pandemic. Tier I component manufacturers had to follow the same as demand weakened rapidly. Earlier, the Automotive Heat Shield Market was expected to witness rapid growth due to implementation of stringent fuel efficiency standards in Europe and other major countries. As vehicle production is suspended, any new investments in advanced technologies are unlikely. OEMs and Tier I players are either using cash reserves or acquiring funds to continue operations during the crisis. OEMs are still skeptical about the recovery of vehicle sales to 2019 levels in 2020. Hence, demand for automotive heat shield is estimated to be low in 2020 and 2021.

Double shell segment, by product type, is estimated to be the fastest growing Automotive Heat Shield Market share during the forecast period.

The double shell heat shields are made of two aluminum sheets. These are designed to tolerate low to medium temperatures. Just like in single shell, aluminum sheets of 0.3–1.0 mm thickness are utilized for double shell technology. These are offered as exhaust manifold heat shields, catalytic converter heat shields, turbocharger heat shields, and starter motor heat shields.

Double shell is useful to reduce the under-bonnet temperatures, allowing for lower air intake temperatures and thus enabling increased power output. These heat shields keep more heat in the exhaust, thereby reducing exhaust back-pressure. All these factors would drive the growth of the double shell Automotive Heat Shield Market.

HEV electric vehicle segment is estimated to hold the largest market share during the forecast period.

HEVs combine the conventional ICE and electric propulsion system. There are three types of hybrids, namely, parallel hybrids, series hybrids, and power split hybrids. Modern HEVs are enabled with efficiency improving technologies such as regenerative brakes, electric motor drive, and automatic start/shutoff. Regenerative brakes convert the vehicle’s kinetic energy into electric energy to recharge its electric battery. The electric motor drive and automatic start/shutoff improve the efficiency of an HEV as these save energy by smart operations. These technologies have made HEVs successful in recent years.

Hybrid vehicles are equipped with electrical components that are highly temperature-sensitive. Therefore, working outside specified temperature ranges can lead to their failure. Consequently, the goal of superior thermal management system is to keep the main component—the Li-ion battery—within the optimal working temperature and consume the minimum possible electrical energy through the cooling circuit actuators. Such systems would fuel the demand for heat shields in the HEV segment.

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Asia Pacific is estimated to be the largest market for automotive heat shield during the forecast period.

Asia Pacific is expected to account for the largest market share during the forecast period, followed by Europe and North America. China is the untapped heat shield market for many companies. Autoneum and Lydall are expanding their presence in the country. Autoneum expanded its presence in China with a plant for the production of lightweight acoustic and thermal management components in the eastern Chinese city of Yantai in 2016. Chinese vehicle manufacturers are supplied with thermal components from Yantai since then. Renowned heat shield manufacturer Lydall generated 6% of sales from China in 2019, which is its largest market in Asia Pacific.

The Automotive Heat Shield Market is dominated by globally established players such as Dana Incorporated (US), Morgan Advanced Materials (UK), Autoneum (Switzerland), ElringKlinger AG (Germany), Lydall Inc. (UK), Tenneco Inc. (US), Carcoustics (Germany), and UGN Inc. (US).

Browse Related Reports:

Automotive Shielding Market by Shielding (Heat, EMI), Heat Application (Engine, Turbocharger, Battery Management, Fuel Tank), EMI Application (ACC, ECU, LDW, BSD, AEB, FCW, DMS), Material Type, Vehicle (PC, LCV, HCV), and Region – Global Forecast to 2025

Thermal System Market for Automotive By Application (Front & Rear AC, Engine & Transmission, Seat, Steering, Battery, Motor, Power Electronics, Waste Heat Recovery), Technology, Electric & ICE Components, Vehicle Type and Region – Global Forecast to 2027

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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cocoa motors. Begins Worldwide Sales of Car in Bag «WALKCAR» from August 11

TOKYO, Aug. 11, 2020 /PRNewswire/ — cocoa motors. Inc. of Tokyo, Japan started the worldwide sale of a vehicle users can carry with them in a bag, dubbed «WALKCAR,» on August 11 on the company’s official website.

(Logo1: https://kyodonewsprwire.jp/img/202008042803-O1-M5sklPxu)
(Logo2: <a target="_blank"…

TOKYO, Aug. 11, 2020 /PRNewswire/ — cocoa motors. Inc. of Tokyo, Japan started the worldwide sale of a vehicle users can carry with them in a bag, dubbed «WALKCAR,» on August 11 on the company’s official website.

(Logo1: https://kyodonewsprwire.jp/img/202008042803-O1-M5sklPxu)
(Logo2: https://kyodonewsprwire.jp/img/202008042803-O2-v33nEojo)
(Photo: https://kyodonewsprwire.jp/release/202008042803?p=images)

WALKCAR website: https://en.cocoamotors.com
*Press kits can be downloaded from the brand website.

Promotional video: https://youtu.be/Og8VBTYz0nY

WALKCAR has the same size as a 13-inch laptop PC.

It is a small and light «car in a bag» weighing only 2.9 kg. It achieves a powerful speed of up to 16 km/hour along with safety features like an automatic stopping function. Since the product was announced in 2016, there have been responses from the media community worldwide and WALKCAR received a total of approximately 7,800 pre-orders from 13 countries around the world. For about four years since the product announcement, there has been much research and development, as well as product improvements, and now, finally, it is officially released worldwide. WALKCAR is a «portable car» invented in Japan. It is a car users can carry around like a laptop PC, and it offers a new lifestyle that is not dependent on any transportation network. The time to choose «walking» or «WALKCAR» anytime has come.

For more information, please visit:
https://kyodonewsprwire.jp/attach/202008042803-O1-0IptV043.pdf

– Company information

Company name: cocoa motors. Inc.
Location: Shibuya-ku, Tokyo, Japan
Established: August 1, 2013
URL: https://en.cocoamotors.com

Considerable Spending by Governments on Transport Infrastructure and Need for Traffic Decongestion to Sow Seeds of Growth, Global Intelligent Transportation System Market to Attain Value of US$ 60 bn by 2030: TMR

– The need for using advanced and innovative technologies to tackle the burgeoning traffic problem around the world may bring tremendous growth opportunities for the intelligent transportation system market

– The global intelligent transportation system market is predicted to expand at a CAGR of ~10 percent across the assessment period of 2020-2030

ALBANY, N.Y., Aug. 10, 2020 /PRNewswire/ — The need for developing a smart transport infrastructure to control the rising…

– The need for using advanced and innovative technologies to tackle the burgeoning traffic problem around the world may bring tremendous growth opportunities for the intelligent transportation system market

– The global intelligent transportation system market is predicted to expand at a CAGR of ~10 percent across the assessment period of 2020-2030

ALBANY, N.Y., Aug. 10, 2020 /PRNewswire/ — The need for developing a smart transport infrastructure to control the rising traffic congestion across various metropolitan cities may bring considerable growth for the intelligent transportation system market across the forecast period. Intelligent transportation systems also assist in reducing greenhouse gas emissions such as methane carbon dioxide, and nitrous oxide.

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As per the predictions by the analysts at Transparency Market Research (TMR), the global intelligent transportation system market is extrapolated to expand at a CAGR of ~10 percent during the forecast period of 2020-2030. The global intelligent transportation system market is estimated to attain a valuation of US$ 60 bn by 2030.

The strengthening web of urbanization across densely populated and developing countries is accelerating the need for robust public transport infrastructure. This aspect may place the red carpet of growth for the intelligent transportation system market. The announcement of special economic packages for the transportation sector by the governments of various countries may serve as a good growth factor for the intelligent transportation system market.

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Intelligent Transportation System Market: Analysts’ View

The analysts at Transparency Market Research (TMR) credit the increasing number of smart city projects across the globe for the rise in the growth rate. Burgeoning demand for efficacy in parking management, traffic management, freight management, and the overall efforts to enhance the quality of urban infrastructure are bringing great growth prospects for the intelligent transportation system market.

The analysts also mention the growing penetration of machine learning, Big Data, and artificial intelligence (AI) as a prime growth accelerator for the intelligent transportation system market.

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Intelligent Transportation System Market: Key Revelations

  • The Advanced Transportation Management System (ATMS) segment held a major share of the intelligent transportation system market during 2018
  • The cooperative vehicle system (CVS) segment may record good growth owing to the increased use of digital and connected vehicle technologies in automobiles
  • The automated number plate recognition system (ANPR) segment is extrapolated to expand considerably over the forecast period
  • Based on application, the public transport system held an enormous share of the intelligent transportation system market in Thailand in 2018
  • North America, Asia Pacific, and Europe held a combined share of more than 80 percent of the global intelligent transportation system market across the forecast period

Explore 127 pages of cutting-edge research, extensive insights, and detailed projections. Analyze and discover the latest developments in the Intelligent Transportation System Market (System Type: Advanced Traveler Information System [ATIS], Advanced Transportation Management Systems [ATMS], Advanced Transportation Pricing Systems [ATPS], Advanced Public Transportation System [APTS], Co-operative Vehicle Systems [CVS], and Automatic Number Plate Recognition Systems [ANPR]; and Application: Traffic Management, Road Safety & Surveillance, Freight Management, Public Transport, Environment Protection, Automotive Telematics, Parking Management, Road User Charging, and Automated Vehicle) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/intelligent-transportation-system-market.html

Intelligent Transportation System Market: Growth Propellers

Expansive investments by the government and various organizations may bring substantial growth for the intelligent transportation system market. The seeping of technologies like the Internet of Things (IoT) in the intelligent transportation system market may serve as a robust pillar of growth for the intelligent transportation system market.

  • The increasing focus of the players in the intelligent transportation system market toward developing sustainable and clean intelligent transportation systems coupled with brilliance is serving as an efficient growth generator
  • Research and development activities to discover novel technologies that aid in the growth of the intelligent transportation system market are gaining traction and may bring immense growth opportunities for the intelligent transportation system market
  • The benefits attached to the installation of intelligent transportation systems such as incident management, travel time improvement, reductions in stops and delays, and speed control may bring extensive growth occasions for the intelligent transportation system market

Analyze global intelligent transportation system market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Intelligent Transportation System Market: Key Participants

A considerable number of players hold a substantial share of the intelligent transportation system market. Some well-established players in the intelligent transportation system market are EFKON AG, TomTom NV, Nuance Communications Incorporation, Siemens AG, WS Atkins PLC, Thales Group, Garmin International Inc ., and Telenav, Inc.

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Intelligent Transportation System Market: Segmentation

By System Type

  • Advanced Traveler Information System (ATIS)
  • Advanced Transportation Management Systems (ATMS)
  • Advanced Transportation Pricing Systems (ATPS)
  • Advanced Public Transportation System (APTS)
  • Co-operative Vehicle Systems (CVS)
  • Automatic Number Plate Recognition Systems (ANPR)

By Application

  • Traffic Management
  • Road Safety & Surveillance
  • Freight Management
  • Public Transport
  • Environment Protection
  • Automotive Telematics
  • Parking Management
  • Road User Charging
  • Automated Vehicle

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Explore Transparency Market Research’s award-winning coverage of the Global Automotive & Transport Industry:

Electric Bus Market – The electric bus market is expected to surpass US$ 165 Bn by 2026, expanding at a CAGR of more than 24% during the forecast period. The market for electric buses is anticipated to expand at a significant growth rate during the forecast period, owing to rising concern of society toward the environment.

Ride sharing Market – The way people move around or commute to work is rapidly changing. Companies like Ola and Uber are offering a substitute of the conventional taxi services. These companies are offering ride hailing or ride sharing. The growing need to control the traffic congestion in the urban areas together with demand for reasonably priced yet comfortable mode of commute are likely to boost the global ride sharing market.

Off-road Vehicle Market – The population is rising at a significant pace, and according to the United Nations, the global population is anticipated to reach around 8.6 Bn by 2030, which was 7.6 Bn in 2016. Rising population has boosted the construction of new residential as well as commercial places, thus driving the construction equipment market

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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