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Automotive Pump Market Worth $17.7 Billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 17, 2020 /PRNewswire/ — According to the new market research report «Automotive Pump Market by Type (Fuel Pump, Water Pump, Vacuum Pump, Fuel Injection Pump, Steering Pump, & Headlight Washer Pump), Technology, Displacement, Vehicle Application, Electric Vehicle & Region – Global Forecast to 2025″, published by MarketsandMarkets™,…

CHICAGO, July 17, 2020 /PRNewswire/ — According to the new market research report «Automotive Pump Market by Type (Fuel Pump, Water Pump, Vacuum Pump, Fuel Injection Pump, Steering Pump, & Headlight Washer Pump), Technology, Displacement, Vehicle Application, Electric Vehicle & Region – Global Forecast to 2025″, published by MarketsandMarkets™, the Automotive Pump Market is projected to grow at a CAGR of 6.9% from USD 12.7 billion in 2020 to USD 17.7 billion by 2025.

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The major factors driving the growth of the market are fluctuating fuel prices that have increased the demand for fuel-efficient vehicles and increasing pressure on automakers to comply with the emission norms. In addition, the consistent growth in the demand for passenger cars is likely to trigger the growth of the Automotive Pump Market during the forecast period. Also, heavy investments in R&D activities by vehicle manufacturers to develop efficient fluid technology for automotive are expected to push the growth of the market. Infrastructural development in emerging countries is expected to drive the growth of commercial vehicles, which in turn would boost the demand for automotive pumps.

Browse in-depth TOC on «Automotive Pump Market«

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65 – Figures
231– Pages

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By Technology: Electric segment is the fastest growing segment of the Automotive Pump Market during the forecast period

Electric pumps, which work with the help of electric motors, are gradually replacing mechanical pumps. The use of electric pumps is increasing due to their many advantages over mechanical pumps. Electric fuel pump provides more fuel efficiency as compared to mechanical fuel pump. However, the installation of electric pump requires sophisticated electrical circuit, which increases the cost. Major global automakers are now using electric pumps in vehicular architecture.

By Vehicle Type: HCV is expected to be the fastest growing segment in the Automotive Pump Market

The heavy commercial vehicle segment comprises buses and trucks. Emerging countries such as China, Brazil, Iran, and India among others have witnessed rapid development of infrastructure in the recent past. This has inflated the demand for commercial vehicles for heavy duty applications. Also, economic growth in these countries has enhanced ease of doing business and paved the way for many start-ups. The growth of the transport industry has boosted the HCV market. These factors have fueled the growth of the HCV market. But the spread of COVID-19 has also declined the sales of sales of light, medium, and heavy trucks in 2020. In Europe, during the third month of 2020, demand for new heavy trucks declined significantly by 38.0%. Heavy truck sales fell in all major EU markets, with France by 27.7% and Germany by 25.9% posting the strongest drops. This brought total registrations down to 54,168 heavy trucks so far in 2020, or 26.9% less than last year. Although, the situation is expected to recover in the coming years as the manufacturing plants are reopened in China, Japan, and other countries.

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Rest of the World (RoW): Brazil is expected to be the fastest growing country in the Rest of the World region by 2027

The RoW region is estimated to be the fastest growing market during the forecast period. The region comprises some of the fastest developing economies of the world such as Brazil, Iran, and South Africa. The increased spending power in Brazil and South Africa has increased the demand for passenger cars. Growing concerns about ecological imbalance because of excessive emissions by automobiles have compelled automakers to comply with the emission mandates. These factors are responsible for the growth of the Automotive Pump Market in the RoW region. Though decline in sales of light, medium, and heavy trucks in 2020 by 2.7% YoY in Brazil as noticed in Q1 due to the outspread of COVID-19. The market is expected to get hampered by the impact of coronavirus till the end of 2020.

The major Automotive Pump Market players include Aisin Seiki (Japan), Delphi (UK), Denso (Japan), Johnson Electric (Hong Kong), Bosch (Germany), KSPG (Germany), Magna (Canada), SHW (Germany), and ZF (Germany) among others.

Browse Related Reports:

Electric Coolant Pump Market by Type (Sealed, Sealless), Sealless (Electrical, Magnetic), Power Output (<100W, >100W), Vehicle Type (PV, 48V, CV, BEV, PHEV), Communication Interface (LIN, CAN, PWM), Application and Region – Global Forecast to 2027

Vehicle Electrification Market by Product (Start-Stop, PTC, EPS, Electric Air Conditioner, ISG, Starter Motor, Alternator, Actuator, Electric Pump-Vacuum, Oil & Water), 48V, ICE, BEV, HEV, PHEV, Vehicle Type, and Region – Global Forecast to 2027

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XCMG «Hanyun» Platform Named Top 3 Industrial Internet New Infrastructure Project

XUZHOU, China, July 16, 2020 /PRNewswire/ — The «Hanyun» Industrial Internet Platform developed by XCMG (SZ:000425) has been named a top 3 industrial internet new infrastructure project in the «2020 Industrial Internet New Infrastructure Top 30 Pioneer List» (the «List») released on June 29 by the Center for Information and Industry Development (CCID) under China’s Ministry of Industry and Information Technology.

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XUZHOU, China, July 16, 2020 /PRNewswire/ — The «Hanyun» Industrial Internet Platform developed by XCMG (SZ:000425) has been named a top 3 industrial internet new infrastructure project in the «2020 Industrial Internet New Infrastructure Top 30 Pioneer List» (the «List») released on June 29 by the Center for Information and Industry Development (CCID) under China’s Ministry of Industry and Information Technology.

Intelligent Flexible Welding Manufacturing Line of XCMG Excavator.

XCMG’s «Hanyun» platform has an overall score of 94, and was coined as «a solid and robust strength in the construction of industrial internet new infrastructure» for its achievements in device connection, data gathering and edge computing, particularly the results in integrating, managing and analyzing massive industrial data, providing industrial mechanism model, application development and data visualization. The «Hanyun» project has constructed 20 sub-platforms within the industry and offered support for fellow enterprises, and completed round A financing of 300 million yuan (USD 42.73 million) in 2019.

«The XCMG ‘Hanyun’ platform has gained a significant amount of general knowledge and experience, which has empowered more than 79 industries including construction, non-ferrous, high-end equipment manufacturing, core component and new energy,» noted Wang Min, Chairman of XCMG.

XCMG is joining hands with China Unicom and Huawei to build the first 5G intelligent industrial park extranet network that will serve 5G Smart Construction scenarios. Converging technology, culture and resources to promote the coordinated development of network, hardware, terminal and system integration, with the goal of setting new benchmark for innovative 5G cooperation and leading the industry’s innovation and development.

For users of XCMG equipments, the «Hanyun» platform has made remote diagnosis possible. In June, a XCMG excavator in Southeast Asia encountered some problems during routine maintenance due to improper operation, the tight timeline of the construction project required the equipment to be fixed immediately but the COVID-19 situation has made on-site service more difficult. Upon receiving the call for assistance, XCMG retrieved fault information of the specific excavator through the «Hanyun» platform and assembled a team of technicians to offer remote assistance via remote client application, and the problem was solved in 30 minutes.

All IoT hardware product series under the «Hanyun» platform are compatible with the positioning technology, navigation application and precise timing services of the «BeiDou» satellite navigation system. The newly developed «Hanyun» IoT hardware products have achieved «BeiDou» short message communication, the positioning and communication signals can provide a 24-7, worldwide coverage for all products.

As of now, the «Hanyun» platform is providing industrial internet services in more than 20 countries of the «Belt and Road Initiative.»

For more information, please visit: www.xcmg.com, or XCMG pages on Facebook, Twitter, YouTube, LinkedIn and Instagram.

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Brigade Electronics Discusses the Benefits of Collision Avoidance Technology for Quarrying and Mining Machinery

PORTLAND, Ind., July 16, 2020 /PRNewswire/ — Quarries and mines are two of the most dangerous workplaces in the world. More people are killed or injured in the mining industry than any other. Globally, official statistics show that 15,000 miners are killed each year, although the real figure is likely to be many more.

<img id="prnejpg3fdcleft" title="Brigade Electronics discusses the benefits of collision avoidance…

PORTLAND, Ind., July 16, 2020 /PRNewswire/ — Quarries and mines are two of the most dangerous workplaces in the world. More people are killed or injured in the mining industry than any other. Globally, official statistics show that 15,000 miners are killed each year, although the real figure is likely to be many more.

Brigade Electronics discusses the benefits of collision avoidance technology for quarrying and mining machinery

Mobile equipment and machinery are a huge contributing factor to the dangers faced by those in the mining and quarrying industries. The International Council on Mining and Metals (ICMM) revealed that despite a 2% decrease in the number of workplace fatalities between its 27 member companies in 2018 compared to 2017, fatalities caused by mobile mining equipment and machinery was still the single highest cause of deaths across the sector.

As a result, the ICMM is exploring the use of creating safer vehicles through the provision of collision avoidance technology as part of its Innovation for Cleaner, Safer Vehicles (ICSV) program. Working with its members and equipment suppliers, the hope is to make collision avoidance technology available to mining companies by 2025.

The use of vehicle safety systems has proved to be extremely effective in reducing accidents and preventing fatalities. Corey Heniser, a vehicle safety expert at Brigade Electronics INC – a global leader in vehicle safety devices – said:

«Our safety solutions mean that worker safety can be improved with simple additions to vehicles. From camera monitor systems and warning alarms, to blind spot technology, collisions could be vastly reduced if drivers are equipped proficiently.»

Blind spot technology

Blind spots are one of the main causes of collisions involving deaths and injuries. Driver visibility, particularly on large machinery, can be limited due to various factors. These include lack of direct vision through front and side windows, lack of rear vision, operator position, bulkheads, vehicle size, and type. Alongside this, wearing hearing protection reduces site workers’ ability to clearly hear approaching vehicles, and poor visibility due to adverse weather and dusty worksites, increase the potential for accidents.

Depending on the vehicle type and use, there are multiple technology solutions that can be fitted to enhance safety. For example, vehicle-mounted 360-degree cameras, such as Brigade’s award-winning Backeye360®, provide operators with a birds-eye view around their vehicle at all times, which they can monitor via an in-cab display. Extremely wide-angle lenses on the systems’ cameras provide a comprehensive view of the area surrounding the vehicle that even large mirrors cannot match, completely eliminating blind spots.

Meanwhile, radar obstacle detection, which utilizes continuous-wave radar technology, can detect moving or stationary objects around the vehicle delivering an audible and visible alert to vehicle operators, allowing them to act accordingly. Heavy duty and able to operate even in high or low temperatures, radar obstacle detection is also waterproof and smoke resistant, and can be easily heard in noisy environments making it ideal for mining and quarrying.

Back up and warning alarms are also vital devices to warn ground workers that a vehicle is maneuvering. Multi-frequency smart alarms, using white sound technology, are highly directional, meaning that in adverse conditions, for example if rain is pounding down, the warning decibel level will be increased.

Davesmen, a company which supports mines throughout India, has been supplying and fitting Brigade’s range of vehicle safety solutions to heavy earth moving machines. 

In 2017, there were more than 1,000 recorded fatalities at Indian coal operations alone. The extreme number of accidents in India led to an introduction of tighter laws and, in July 2019, the Motor Vehicles Amendment Bill was passed.

Shamit Dave, Managing Director of Davesmen, said:

«Brigade’s products have been received well by the mining market. We have had excellent feedback on the Backeye®360 system, especially when it’s coupled with Backsense® radars. Drivers like that they can see the blind spots surrounding the entire vehicle, which reduces the stress of driving in the mines as well as helping to prevent vehicle damage and repairs.»

As awareness grows for these safety solutions, it is hoped that this will provide a major boost for the growth of the industry. Shamit added:

«The future is filled with optimism. Vehicle safety has become a major part of this sector.»

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Ultra-Fast Charging Pioneer StoreDot Named BloombergNEF 2020 Pioneers Winner

– StoreDot named as one of ten ‘game-changing’ companies leading transformative technologies

– Award recognizes crucial role of ultra-fast charging technology in driving mainstream adoption of electric vehicles by overcoming range and charging anxiety

TEL AVIV, Israel, July 15, 2020 /PRNewswire/ — Ultra-fast charging pioneer, StoreDot, has been named as a 2020 Bloomberg New Energy Finance (BNEF)…

– StoreDot named as one of ten ‘game-changing’ companies leading transformative technologies

– Award recognizes crucial role of ultra-fast charging technology in driving mainstream adoption of electric vehicles by overcoming range and charging anxiety

TEL AVIV, Israel, July 15, 2020 /PRNewswire/ — Ultra-fast charging pioneer, StoreDot, has been named as a 2020 Bloomberg New Energy Finance (BNEF) Pioneers Winner. The awards recognize companies that are leading the transition to a low-carbon economy through the development of cutting-edge renewable energy products, services and software solutions.

StoreDot has developed a new generation of lithium-ion battery technology that is capable of recharging an electric vehicle in five minutes

It is the first time an ultra-fast charging technology provider has won a BNEF Pioneers award, demonstrating its increasing importance for the global automotive industry as it moves towards pure battery electric vehicles (BEVs). Israel-based StoreDot has developed a new generation of lithium-ion battery technology that is capable of recharging an electric vehicle in five minutes – the same time it takes to refuel a combustion engine vehicle – eliminating range and charging anxiety associated with electric vehicle adoption.

StoreDot is one of ten 2020 BNEF Pioneers chosen from more than 100 applicants by an independent panel of judges. Candidates were evaluated against three criteria: the potential to scale the opportunity, the innovation level of the technology or business model and the novelty it brings to the market, and momentum as demonstrated by strong commercial development.

Dr Doron Myersdorf, CEO of StoreDot, said: «We are incredibly proud to win this prestigious award, recognizing the vital role of StoreDot’s FlashBattery ultra-fast charging technology in increasing mainstream adoption of electric vehicles. With an estimated 1.5 billion combustion engine vehicles on the roads today, electric vehicles have a critical role to play in meeting global goals on climate change. However, the reality is that current charging times are still some way off the required speed to enable mass adoption. As we move closer towards the commercialization of our 5-minute charge battery, we truly believe this could be a watershed moment for the industry.»

StoreDot has the backing of several strategic partners – BP, Daimler, TDK and EVE – as it prepares to take the next step towards transforming its innovative technology into a fully commercial product. In 2019, it achieved a world first when it successfully demonstrated the first live full 5-minute charge of a two-wheeled electric vehicle. Its next major milestone is to demonstrate the full charge of a four-wheeled electric vehicle platform, which it is on track to achieve by the end of 2021.

Dr Myersdorf comments: «Behind the electric vehicle itself, there is an entire ecosystem that must be prepared in order to turn mass adoption of electric vehicles into a reality. We have an R&D team of more than 100 scientists dedicated to developing our ultra-fast charging technology, but equally important is our ability to prove that it works in real-world applications. Therefore, we are working closely with our partners to ensure that our technology is fully synchronized with designs of upcoming electric vehicle models and compatible with charging station developments of the future.»

About StoreDot

StoreDot Ltd. is a battery and materials innovation leader, developing ground-breaking battery technology based on the design and synthesis of both organic and inorganic compounds. Replacing known materials and processes with enhanced electro-chemical properties, StoreDot’s proprietary compounds, combined with nano-materials, are optimized for ultra-fast charging of electric vehicles, mobile phone power banks and commercial drones. In July 2019, StoreDot achieved a world first when it demonstrated the first live full charge of a two-wheeled electric vehicle in five minutes.

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ADAS Sensors Market on an Upswing due to Autonomous Mobility, Future Market Insights

DUBAI, UAE, July 15, 2020 /PRNewswire/ — The global ADAS sensors market is poised to record a double-digit growth from 2020-2030, according to Future Market Insights’ recent publication.

<img id="prnejpgf72bleft"…

DUBAI, UAE, July 15, 2020 /PRNewswire/ — The global ADAS sensors market is poised to record a double-digit growth from 2020-2030, according to Future Market Insights’ recent publication.

Future Market Insights

The advent of automation has brought about paradigm shifts in driving technologies since the recent past. The advent of autonomous driving has laid firm ground for the introduction of advanced driver assistance systems, or ADAS. However, the market is still in a niche stage, registering modest revenues ranging from US$ 5 Bn– US$ 8 Bn as compared to other automotive systems.

The prevention of vehicular road accidents is a top priority for all the countries. Every year, a substantial amount of lives are lost due to road accidents. Against this backdrop, the adoption of ADAS sensors has become a top priority. As these systems acquire more popularity, the market shall soon become mainstream.

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«The ADAS sensors market shall witness major collaborations between OEMs and semi-conductor companies to design sensors for parking systems, adaptive cruise control and emergency braking,» opines an FMI analyst.

Key Takeaways from FMI’s ADAS Sensors Market Report

  • Passenger cars shall find maximum usage of ADAS sensors due to the need for reducing accident fatalities
  • Radar-based collision avoidance systems shall gain maximum traction in semi-autonomous vehicles
  • Global ADAS systems market shall expand at an impressive 14% CAGR from 2020-2030
  • North America to witness maximum adoption of ADAS sensors, Asia-Pacific to follow close behind

ADAS Sensors Market- Key Trends

  • Thermal imaging sensors have boded well for the ADAS sensors market, helping reduce night-time fatalities to a significant extent
  • Emphasis on de-icing mechanisms to promote high accuracy for all-weather conditions are being investigated, providing traction to the ADAS sensors market
  • Opportunities in ADAS hardware abound for prominent market players, thereby uplifting market growth prospects

ADAS Sensors Market: Region-wise Analysis

  • Asia-Pacific shall be the largest revenue generator, with China spearheading demand for park sensors and adaptive cruise control
  • Japan & South Korea shall enjoy heightened revenues, attributed to the involvement of major automotive companies such as Volkswagen, Mercedes Benz and GM
  • Europe is witnessing heightened ADAS sensors usage for blind spot detection and reduce fatalities
  • The United States is an investment hotbed for OEMs and component manufacturers

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ADAS Sensors Market- Competitive Landscape

The ADAS sensors market are resorting to innovations by virtue of doling out new products based on detection, depth perception, high performance and stereo vision. A major challenge posed to ADAS sensors manufacturers is the problem of communication between two different devices. Market players such as Diamler are availing the services of research and academic institutions to address data fusion challenges between non-image and image data.

Developments in the short-wave infrared imaging sensors (SWIR) are also on the cards. To this end, Porsche has collaborated with Israel-based TriEye to improve ADAS sensors in the former’s autonomous vehicle segment. For this project, the automotive giant contributed US$ 2 million as capital investment.  

Read more insights by Sudip Saha https://www.linkedin.com/in/sudip-saha-a220779/

ADAS Sensors Market Taxonomy:

Product Type

  • Blind Spot Detection
  • Night Vision Sensors
  • Light Sensors
  • Parking Sensors
  • Cruise Control

Vehicle Type

  • Passenger Cars
    • Compact
    • Midsize
    • Luxury
    • SUVs
  • Commercial Vehicles
  • Heavy Commercial Vehicles

Sales Channel

  • Original Equipment Manufacturers (OEM)
  • Original Equipment Spares (OES)
  • Independent Aftermarket (IAM)

Region/Country

North America

  • U.S
  • Canada

Latin America

  • Brazil
  • Mexico
  • Rest of LATAM

Europe

  • EU-5
  • BENELUX
  • Russia
  • Rest of Europe

South Asia & Pacific

  • India
  • Thailand
  • Indonesia
  • Malaysia
  • Oceania
  • Rest of South Asia

East Asia

  • China
  • Japan
  • South Korea

MEA

  • South Africa
  • Turkey
  • Northern Africa
  • Rest of MEA

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Find More Valuable Insights on ADAS Sensors Market:

FMI in its new market research study, offers an unbiased analysis of the ADAS sensors market which comprises global industry analysis for 2015–2019 and opportunity assessment for the 2020–2030. The report offers complete analysis on global ADAS sensors market through four different categories – By Product Type, By Vehicle Type, By Sales Channel and region. The global ADAS sensors market study provides information of pricing by different life cycle analysis, product life cycle, key market trends and technologies which are being implemented in the production of the ADAS sensors market and product adoption in various end use industries.

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About Future Market Insights (FMI)

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Electric Vehicle Battery Thermal Management Systems Market Size Worth $12.1 Billion by 2027: Grand View Research, Inc.

SAN FRANCISCO, July 15, 2020 /PRNewswire/ — The global electric vehicle battery thermal management systems market size is expected to reach USD 12.1…

SAN FRANCISCO, July 15, 2020 /PRNewswire/ — The global electric vehicle battery thermal management systems market size is expected to reach USD 12.1 billion by 2027, registering a CAGR of 28.5% from 2020 to 2027, according to a new report by Grand View Research, Inc. Thermal management systems are used in electric vehicles (EVs) for maintaining the heating temperature of the batteries used in these vehicles. These batteries provide power to the motors for the traction of the vehicle and therefore, the vehicle movement is entirely dependent on battery health. Hence, the need to control the battery heat becomes critical for the seamless operation of EVs.

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Key suggestions from the report:

The passive segment held the largest revenue share of over 78% in 2019. This growth was credited to the benefits offered by these systems including low cost and ease of installation in the vehicle

  • The active segment is expected to register the highest CAGR from 2020 to 2027 owing to the benefits of these products, such as enhanced efficiency and improved battery life
  • Passenger vehicles segment accounted for the majority share in 2019 primarily owing to the high penetration of EVs in this segment
  • The commercial segment is expected to expand at steady a CAGR over the forecast period due to the increasing demand for battery-powered buses and lightweight trucks
  • Asia Pacific is expected to be the largest as well as fastest-growing regional market from 2020 to 2027 owing to the highest production and adoption of EVs in the region

Read 80 page research report with ToC on «Electric Vehicle Battery Thermal Management Systems Market Size, Share & Trends Analysis Report By Application (Passenger, Commercial), By System Type (Passive, Active), By Region, And Segment Forecasts, 2020 – 2027» at: https://www.grandviewresearch.com/industry-analysis/electric-vehicle-battery-thermal-management-systems-market

Stringent government regulations have been observed in various nations for controlling the carbon emissions from the vehicles. Also, governments are taking initiatives to boost the adoption of EVs. For instance, the Chinese government has waived off the purchase taxes on EVs till 2020. In addition, most of the countries are planning for a complete transformation from Internal Combustion Engine (ICE) vehicles to battery EVs. As a result, the sales of new and more efficient EVs have increased. This trend is expected to fuel the growth of the overall market in the coming years.

Automobile manufacturers across the globe are increasingly investing in R&D to develop new methods and systems for maintaining & controlling the battery temperatures. For instance, in 2019, Robert Bosch GmbH announced a cloud-connected software service for battery management, which is capable of monitoring and managing the electric battery remotely. Such innovations and developments are projected to bolster the market growth.

Grand View Research has segmented the global electric vehicle battery thermal management systems market on the basis of system type, application, and region:

  • EV BTMS System Type Outlook (Revenue, USD Million, 2016 – 2027)
    • Active
    • Passive
  • EV BTMS Application Outlook (Revenue, USD Million, 2016 – 2027)
    • Passenger
    • Commercial
  • EV BTMS Regional Outlook (Revenue, USD Million, 2016 – 2027)
    • North America
      • U.S.
    • Canada
      • Europe
      • Germany
      • U.K.
      • France
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
    • Rest of the World (RoW)
  • List of Key Players of Electric Vehicle Battery Thermal Management Systems Market:
    • Robert Bosch GmbH
    • GENTHERM Incorporated
    • Valeo
    • Dana Incorporated
    • Mahle GmbH
    • Hanon Systems
    • Voss Automotive GmbH
    • 3M
    • Grayson
    • Polymer Science, Inc.
    • Lord Corporation

Find more research reports on Automotive & Transportation Industry, by Grand View Research:

  • Electric Vehicle Market – The market is driven by initiatives taken by governments of various countries to promote the manufacturing of electric vehicles (EVs). For instance, in 2019, the government of Germany and auto manufacturers agreed to raise cash incentives under the «Environment Bonus» plan for battery powered cars.
  • Electric Vehicle Battery Market– The growing emphasis of leading automakers, including Bayerische Motoren Werke AG, General Motors, and Ford Motors on rolling out electric vehicles is expected to drive the market growth.
  • Electric Powertrain Market – Increasing sales of electric vehicles, such as hybrid and pure electric vehicles, is a prominent factor fueling market growth.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Quantron Implements Hydrogen Drive in the Transporter Market

AUGSBURG, Germany, July 15, 2020 /PRNewswire/ — Quantron AG uses the technology of AE Driven Solutions GmbH (AEDS) to implement hydrogen drive solutions for vans from 3.49 tonnes upwards – initially for platform and box body vehicles based on the IVECO Daily, such as the Quantron Q-LIH2. The company is working on expanding its product range for vans with fuel cells in order to be able to offer hydrogen vehicles with different bodies and other models from other manufacturers in the future….

AUGSBURG, Germany, July 15, 2020 /PRNewswire/ — Quantron AG uses the technology of AE Driven Solutions GmbH (AEDS) to implement hydrogen drive solutions for vans from 3.49 tonnes upwards – initially for platform and box body vehicles based on the IVECO Daily, such as the Quantron Q-LIH2. The company is working on expanding its product range for vans with fuel cells in order to be able to offer hydrogen vehicles with different bodies and other models from other manufacturers in the future.

 

Quantron AG uses the technology of AE Driven Solutions GmbH (AEDS) to implement hydrogen drive solutions for vans from 3.49 tonnes upwards – initially for platform and box body vehicles based on the IVECO Daily, such as the Quantron Q-LIH2.

 

Hydrogen-powered vehicles and electric vehicles complement each other to create a wide range of e-mobility solutions for short and long distances and to provide a variety of options for reducing companies’ CO2 foodprint. Through the combination of both technologies, alternatively powered vehicles with a range of up to 400 km and a payload of up to 1,200 kg can be realized.

Quantron vans with fuel cell

On the basis of the IVECO Daily, Quantron will have vehicles e.g. with 4.2 tons and 100 kW output as well as 7.2 tons and 147 kW output in its product range, which have ranges of 300 km to 500 km depending on the tank size selected.

Cooperation with AE Driven Solutions GmbH (AEDS)

AEDS specializes in sustainable mobility and logistics concepts based on hydrogen as an energy carrier and has decades of experience and know-how in this field.

Mrs. Stefanie Peters (via NEUMAN & ESSER GROUP shareholder of AEDS) as well as Prof. Dr. Achim Kampker (shareholder of AEDS) substantiate among others this statement of competence.

Mrs. Peters was also appointed to the hydrogen council of the federal government which adopted its national hydrogen strategy.

Picture is available at AP Images (http://www.apimages.com).

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Press contact Quantron AG:
CMO – Chief Marketing Officer
Serhat Yilmaz
+49-82-12-49-9790
s.yilmaz@quantron.net
www.quantron.net

Automotive Acoustic Engineering Services Market to Reach $4.80 Bn, Globally, by 2027 at 7.8% CAGR: Allied Market Research

Surge in customer preference for cabin comfort and luxury features drive the growth of the global automotive acoustic engineering services market

PORTLAND, Oregon, July 14, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Acoustic Engineering Services Market by Offering (Physical Acoustic Testing and…

Surge in customer preference for cabin comfort and luxury features drive the growth of the global automotive acoustic engineering services market

PORTLAND, Oregon, July 14, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Acoustic Engineering Services Market by Offering (Physical Acoustic Testing and Virtual Acoustic Testing), Software (Vibration, Simulation, Signal Analysis and Calibration), Application (Interior, Body & Structure, Powertrain and Drivetrain), and Vehicle Type (Passenger Vehicle, Commercial Vehicle, and Electric Vehicle): Global Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the global automotive acoustic engineering services industry was estimated at $2.61 billion in 2019, and is anticipated to hit $4.80 billion by 2027, registering a CAGR of 7.8% from 2020 to 2027.

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Drivers, restraints, and opportunities-

Government regulations pertaining to vehicle noise and increase in customer preference for enhanced cabin comfort and luxury features drive the growth of the global automotive acoustic engineering services market. On the other hand, high initial investment and augmented usage of rental and used acoustic testing equipment impede the growth to some extent. However, rise in the trend of engine downsizing is expected to create multiple opportunities in the industry.

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COVID-19 scenario-

  • Automotive acoustic engineering services include designing and testing of the sound originating from the engine. And, with the global lockdown in effect, logistics slowdown has naturally become a common threat for the industry. Likewise, production facilities of the required electronic parts have also come to a halt.
  • However, with several government bodies coming up with relaxations on the existing regulations, it’s projected that there won’t be any more shortage in the essential workforce and the market would also be able to retrieve its position in terms of revenue.

Get detailed COVID-19 impact analysis on the Automotive Acoustic Engineering Services Market at Request Here

The virtual acoustic testing segment to dominate by 2027–

Based on offering, the virtual acoustic testing segment contributed to nearly three-fourths of the global automotive acoustic engineering services market share in 2019, and is expected to rule the roost by the end of 2027. The same segment would also portray the fastest CAGR of 8.2% from 2020 to 2027. This is attributed to the fact that virtual acoustic testing helps in real-time monitoring of vehicle condition.

The stimulation segment to maintain the dominant share-

Based on software, the simulation segment accounted for more than two-fifths of the global automotive acoustic engineering services market revenue in 2019, and is anticipated to lead the trail till 2027, owing to the fact that simulation helps to replicate the external factors of the vehicle through which generated noise can be determined. The vibration segment, on the other hand, would manifest the fastest CAGR of 8.2% throughout the forecast period. This is because this software helps in determining the vibrations of different components as well as aids in reduction of vibrations to a larger extent.

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Asia-Pacific, followed by Europe and North America, garnered the major share in 2019-

Based on geography, Asia-Pacific, followed by Europe and North America, held the major share in 2019, generating more than one-fourth of the global automotive acoustic engineering services market. This is due to increased production and sales of vehicles across the region.  At the same time, Europe would grow at the fastest CAGR of 8.7% during the study period. The fact that Europe happens to adopt huge vehicular technologies as compared to any other province has driven the market growth.

Key players in the industry-

  • Autoneum
  • Siemens Industry Software Inc.
  • Bertrandt AG
  • STS Group AG
  • Brüel & Kjær
  • EDAG Engineering GmbH
  • FEV Group GmbH
  • HEAD acoustics GmbH
  • Schaeffler Engineering GmbH
  • AVL

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Brisa, the Parent Company of Lassa Tyres, Is Featured Amongst Global Leaders in CDP’s Climate Change Program

ISTANBUL, July 14, 2020 /PRNewswire/ — Brisa Bridgestone Sabancı Tyre Manufacturing Inc. received an «A» rating and is featured amongst global leaders in Carbon Disclosure Project’s (CDP) Climate Change Program’s «Supplier Communication Rating» list, which has been formed for the first time.  

 

<img id="prnejpg4a3aleft" title="Lassa Tyres Logo" border="0" alt="Lassa Tyres Logo" align="middle"…

ISTANBUL, July 14, 2020 /PRNewswire/ — Brisa Bridgestone Sabancı Tyre Manufacturing Inc. received an «A» rating and is featured amongst global leaders in Carbon Disclosure Project’s (CDP) Climate Change Program’s «Supplier Communication Rating» list, which has been formed for the first time.  

 

Lassa Tyres Logo

 

Brisa, the parent company of Lassa Tyres, which is also featured amongst the CDP Turkey Climate Change leaders, carries on with the Fight Against Climate Change Program focusing on the environment, and by setting-up social and corporate governance systems.

CDP is an international environmental reporting platform based in London holding the largest corporate climate change, water and forestry-risk data at hand.  Brisa, the parent company of Lassa, featured amongst global leaders with an «A» rating in the «Supplier Communication Rating» category of CDP’s program, which aims to govern climate change risks as well as to report the collaboration performance in the supply chain.

Brisa was further awarded with an «A-» rating in CDP’s Climate Change Program for its work to reduce the effects of climate change and protect natural resources. Brisa also earned itself a place in the awards-podium in CDP Turkey Climate Change Leaders category.

Brisa Bridgestone Sabancı Tyre Manufacturing Inc. CEO, Haluk Kürkçü stated; «As the COVID-19 global pandemic also unfolded; we all need to take responsibility for the future of the world. As Brisa, we are whole-heartedly becoming a part of the solution. During the last 15 years, we have been consistently carrying on the Climate Change Response Program with concrete projects with an environment, social and corporate governance focused perspective. Today, taking advantage of our R&D and digitalization projects, we are making further progress in our sustainability journey that took its first steps in 1990s and opening unchartered territory for others. We are now being announced as one of the global leaders of CDP’s Climate Change Program supplier communication category. We are thankful that our steps in the field of sustainability are crowned with awards. As Brisa, this success and global leadership makes us proud of ourselves and motivates us for the future.»

Brisa, under whose leadership Lassa Tyres operate, has been following carbon emissions data since 2005 and has been reporting to CDP its carbon emissions and water data since 2011. The company surpassed its goal to reduce carbon emissions per unit production in 2020 by 25% compared to its 2005 data by 6 points and reached 31% reduction with a year in advance in 2019. Brisa further set-up a goal to reduce water consumption by 61% in 2020 compared to 2008 and reached 53% water savings level in 2019. Brisa also reduced its energy consumption by 40% in 2019 compared to 2008, when it first started its energy conservation projects, with the contribution of a total of 421 projects it has carried on thus far.

Brisa, the governing body of Lassa Tyres, also became the first company in Turkey and Europe to earn the ISO14046 Water Footprint Standard in 2017.

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Polyplastics Targets DURANEX(R) PBT Grades for Autonomous Driving Applications

TOKYO, July 14, 2020 /PRNewswire/ — As the automotive industry makes a strong shift to electric vehicles, Polyplastics Co., Ltd., a leading global supplier of engineering plastics, sees strong potential for its innovative resin products in Advanced Driver-Assistance Systems (ADAS) parts that enable autonomous driving. The company’s DURANEX(R) PBT materials–targeted for actuators and communications equipment–deliver strong durability, alkali resistance, hydrolysis resistance, and heat shock…

TOKYO, July 14, 2020 /PRNewswire/ — As the automotive industry makes a strong shift to electric vehicles, Polyplastics Co., Ltd., a leading global supplier of engineering plastics, sees strong potential for its innovative resin products in Advanced Driver-Assistance Systems (ADAS) parts that enable autonomous driving. The company’s DURANEX(R) PBT materials–targeted for actuators and communications equipment–deliver strong durability, alkali resistance, hydrolysis resistance, and heat shock resistance.

Photo: https://kyodonewsprwire.jp/prwfile/release/M100475/202007061674/_prw_PI1fl_3qBq5F6m.jpg

In by-wire systems, the actuator requires a higher level of reliability as ADAS parts become more sophisticated and electronic controls become automated. Polyplastics’ DURANEX(R) PBT is chosen for many electric actuator parts because it capably continues to perform even in harsh environments. Underbody parts are exposed to water and snow-melting agents from road surfaces as well as oil and other substances. These parts also heat up since they are close to the engine, motor, and other heat-generating parts. As a result, PBT is chosen in many actuator parts due to its high heat resistance, superior chemical resistance, and low rate of water absorption.

DURANEX(R) PBT 330HR, 531HS, and 532AR are grades with the superior durability (hydrolysis resistance) to withstand conditions such as these. DURANEX 532AR has resistance to alkali matter and does not easily experience stress cracking even when in contact with rust fluid from metal. This makes it optimal for parts on the underside of cars.

In communications equipment, flame-retardant PBT resins are also in demand in motor applications exposed to high voltages, batteries, and charging parts. DURANEX(R) PBT 750AM is a UL V-0 grade with a high level of durability in car-mounted environments. Since it also possesses the ability to stabilize the shapes of cases and connectors, this grade is increasingly being used in auto parts that require flame retardancy in recent years.

Please visit: https://www.polyplastics.com/en/product/lines/pbt_adas/index.html

About Polyplastics

The Polyplastics Group is a global leader in the development and production of engineering thermoplastics. The Group’s product portfolio includes PBT, polyoxymethylene (POM), polyphenylene sulfide (PPS), liquid crystal polymer (LCP), and cyclic olefin copolymer (COC). With more than 50 years of experience, the company is backed by a strong global network of R&D, production, and sales resources.

DURANEX(R) is a registered trademark of Polyplastics Co., Ltd. in Japan and other countries.