Categoría: Hispanicmotorpress

!important – The First App that Could Save Your Life

Free Mobile App from Silicon Valley Protects Pedestrians from Connected Vehicles.

BERKELEY, California, July 7, 2020 /PRNewswire/ — Of all 250,000 pedestrian fatalities a year, 65% present a massive problem for the automotive industry. A Berkeley based startup may have just solved the problem.

<img id="prnejpga1c9left" title="Functioning as a digital…

Free Mobile App from Silicon Valley Protects Pedestrians from Connected Vehicles.

BERKELEY, California, July 7, 2020 /PRNewswire/ — Of all 250,000 pedestrian fatalities a year, 65% present a massive problem for the automotive industry. A Berkeley based startup may have just solved the problem.

Functioning as a digital safety belt, the !important app communicates the user’s location to nearby connected vehicles. The technology can immediately alert drivers and even trigger vehicles’ brakes automatically to prevent a collision with an approaching person, bicyclist, or motorcyclist. This first pedestrian-based technology works in all 20 common pedestrian death scenarios and could save a million lives over the next decade.

A French automotive studyi shows that pedestrian deaths come from 20 common scenarios, which can be categorized into four groups: driver responsibility (35%), visual blockage (28%), unpredictable pedestrian behavior (26%), and weather conditions (11%). While existing vehicle-based sensors such as cameras, radars, sonars, and lidars address the first category, the remaining categories are left unsolved by current technologies.

Functioning as a digital safety belt, the !important app communicates the user’s location to nearby connected vehicles. The technology can immediately alert drivers and even trigger vehicles’ brakes automatically to prevent a collision with an approaching person, bicyclist, or motorcyclist. This first pedestrian-based technology works in all 20 common scenarios and could save a million lives over the next decade.

>> Download the app for free from www.important.com

The !important app is currently available for free on the iPhone and Android App stores. «This solves the remaining 65% of death cases. We hope it will become a regulation for the automotive industry.» says Bastien Beauchamp, inventor & CEO of !important.

Tara Andringa, Executive Director of Partners for Automated Vehicle Education (PAVE), summed it up well: «… a key issue is how we will ensure pedestrian safety in an automated vehicle (AV) world. !important is tackling this problem of pedestrian safety, and their mobile app seeks to enhance road safety by improving communication between pedestrians and other road users.»  

In early 2021, the technology will be implemented in vehicles on the roads of Reno, Nevada (USA) as part of the Intelligent Mobility (IM) initiative in collaboration with the Nevada Center for Applied Research (NCAR) at the University of Nevada in Reno. The Director of NCAR, Carlos G. Cardillo, remarked that «The !important app will increase the safety of vulnerable road users and the acceptance of autonomous vehicle infrastructure by minimizing potential dangers.»

About

!important was nominated by Alibaba Jumpstarter 2020 in the Top 30 Startups of Silicon Valley. !Important is a company backed by groups of medical doctors and is part of the University of California Berkeley Skydeck and Ann Arbor SPARK accelerator programs. It collaborates with 12 universities.

i

INRETS Report No. 256 (France, 2003)

Photo – https://mma.prnewswire.com/media/1200833/_important__important___The_First_App_that_Could_Save_Your_Life.jpg

Contact: Bastien Beauchamp, 1 855 231 3783, media@important.com

OpenSynergy Collaborates With Google and Qualcomm on Virtualizing Android Automotive OS

BERLIN, July 7, 2020 /PRNewswire/ — OpenSynergy, today announced its yearlong collaboration with Google and Qualcomm on a reference platform with a virtualized Android Automotive OS instance running on top of OpenSynergy’s COQOS Hypervisor SDK and Qualcomm’s Snapdragon SA8155 automotive System on Chip (SoC).

Google has announced collaborations with several vehicle manufacturers to power in-vehicle infotainment (IVI) systems with Android Automotive OS, Google’s open-source Android…

BERLIN, July 7, 2020 /PRNewswire/ — OpenSynergy, today announced its yearlong collaboration with Google and Qualcomm on a reference platform with a virtualized Android Automotive OS instance running on top of OpenSynergy’s COQOS Hypervisor SDK and Qualcomm’s Snapdragon SA8155 automotive System on Chip (SoC).

Google has announced collaborations with several vehicle manufacturers to power in-vehicle infotainment (IVI) systems with Android Automotive OS, Google’s open-source Android platform.

The automotive sector is moving towards consolidating increasingly complex and heterogeneous hardware subsystems such as the Instrument Cluster, Infotainment, Head up display etc. onto a single System on Chip (SoC) with mixed-criticality (safety-critical and non-critical) requirements. This enables tighter software integration between the subsystems, and allows for cost and weight savings. Hence, Google is working on virtualization of Android Automotive OS by leveraging and extending VIRTIO, an established virtualization standard maintained by the OASIS consortium, which Google is a member of. Virtualization allows multiple operating systems («guests») with mixed-criticality requirements to share the same hardware («host») managed by host software («hypervisor»). Android Automotive OS will be supported as a guest virtual machine on automotive industry standard based hypervisors.

Last year Google, OpenSynergy and Qualcomm decided to collaborate on the implementation of this reference platform. Goal of this platform, which is planned to be released soon, is to show how Android Automotive OS can be safely and securely integrated on a powerful System on Chip (SoC) using open standards based virtual platform.

The VIRTIO standard

VIRTIO, a device-sharing standard popular in the cloud domain, provides the transport layer and device models for essential computing devices such as Block, Network, Console, GPU, Input, etc. The DMA-like nature of the devices allows high-performance implementations as an alternative to hardware assisted I/O virtualization models while still providing ease of implementation and safety.

OpenSynergy joined the OASIS consortium in 2019 to pioneer the expansion of VIRTIO in the automotive domain. At the same time the company contributed with several VIRTIO devices to the Linux kernel. Thanks to the expertise gathered in the open source domain, OpenSynergy currently provides the most mature open-standard-driven virtual platform in the automotive industry.

Regis Adjamah, CEO of OpenSynergy: «Embracing VIRTIO was a major milestone for our automotive-grade COQOS Hypervisor SDK. It is good news for all our customers currently in the process of upgrading their IVI programs. We are complementing our lean, OS- agnostic, type 1 hypervisor with the open-standard device sharing technology VIRTIO. We aggressively pursue the adoption of open standards by investing in open source. We believe the time has come for the automotive industry to abandon proprietary solutions, to embrace open standards and compete on the quality of their implementation.»

By showing how Android Automotive OS can be deployed and ported without further modification on different SoCs and different hypervisors, the reference platform will help VIRTIO to expand its scope to the automotive domain. VIRTIO provides maximum flexibility to OEMs and Tier 1 partners, enabling them to easily switch between SoCs, hypervisors and host/guest operating systems, to best match their needs.

Google and Android are trademarks of Google LLC.

About OpenSynergy

OpenSynergy provides embedded software products for the next generation of vehicles. Our hypervisor and communication products pave the way for an integrated driving experience. 

The virtualization platform COQOS Hypervisor SDK supports the convergence of software-based vehicle functions with different requirements on safety and security. It is designed for multi-display cockpit controllers, smart antennae or powerful domain controllers using a mix of AUTOSAR technology and open solutions, such as Linux and Android.

OpenSynergy is active member of several standardization bodies relevant in the Automotive industry, such as OASIS (Organization for the Advancement of Structured Information Standards), AUTOSAR, GENIVI Alliance and Linux Foundation (Automotive Grade Linux).

Our engineering services complement the products.

Read on www.opensynergy.com.

Contact:
OpenSynergy GmbH
Sabine Mutumba
Director of Marketing
Rotherstr. 20
D-10245 Berlin
Tel.: +49 (0)30.60 98 540-41
Email: marketing@opensynergy.com

Ecotrade Group Highlights Its Digital Catalytic Converter Pricebook Tool

BANGKOK, July 7, 2020 /PRNewswire/ — Ecotrade Group recently acknowledged the growing popularity of its free pricebook app. Compatible with all devices, the Eco Cat App serves as an advanced search engine for pricing scrap catalytic converters in a wide variety of automotive makes and models.

<img id="prnejpgb2c5left" title="Eco…

BANGKOK, July 7, 2020 /PRNewswire/ — Ecotrade Group recently acknowledged the growing popularity of its free pricebook app. Compatible with all devices, the Eco Cat App serves as an advanced search engine for pricing scrap catalytic converters in a wide variety of automotive makes and models.

Eco Cat App

With 20,000 different catalytic converters inventoried and priced so far, the Eco Cat App is an ever-growing database that is rapidly becoming the gold-standard search engine for the industry. Ecotrade Group has been a respected leader in eco-responsible and ethical catalytic converter recycling in Asia for over 15 years, leveraging state-of-the-art recycling tech and an enormous network of industry partners.

«The automotive recycling industry was sorely in need of a pricing-guide upgrade,» said Ecotrade Group Managing Partner, Maxime Le Breton.

«There has long been an imbalance between buyers and sellers in this industry, especially considering the vast catalog of catalytic converters available. And with daily marketing fluctuations, correctly identifying and pricing a converter on-the-spot can be a frustrating experience without help. Having a regularly updated app that correctly identifies and prices a particular converter in minutes has become an invaluable tool for the trade.»

The Eco Cat App: Environmental Responsibility

The Eco Cat App is an online pricebook that comes with convenient pictures, allowing buyers and sellers to look up the value of spent catalytic converters by either car or converter manufacturer. The Eco Cat App facilitates quick and easy scrap converter appraisals, providing sellers the knowledge needed to ensure they are getting a fair deal from converter buyers. And the app is updated three times a day to reflect precious-metal market shifts as they occur.

The buying, selling and recycling of catalytic converters is an enormous, globe-spanning industry that involves a great deal of automotive expertise, marketing savvy and technological knowledge. The precious metals used in catalytic converter construction are rare and costly, representing not only a unique revenue stream but also a need for state-of-the-art recycling technologies. Far from being a simple process however, the load of precious metals available in each converter depends on individual country emissions standards regulations, types of fuel, and a variety of other variables.

Catalytic converters were created to reduce the amount of harmful emissions from gasoline and diesel engines. The metals used in converters are a finite, nonrenewable resource that must first be professionally assayed before they are properly recycled. The recycling of converters represents a technological feat that is intrinsically beneficial, leading to a much more prosperous and sustainable future for the planet. With the precious metal recycling market poised to surge to over US$30 billion by 2026 from the current US$21 billion, Ecotrade Group continues to broaden its scope of practice, recently investing in artificial intelligence research and deep learning to bring other tech disciplines into the automotive recycling world.

About Ecotrade Group

Established in 2006, Ecotrade Group is an industry leader in tech-based and environmentally conscious catalytic converter recycling. Ecotrade Group has earned a solid reputation for integrity, professionalism, and transparency, with sampling methods that are fully approved by industry-leading authorities. The company offers a full range of services, including purchasing and processing of catalytic converters. With recycling facilities in Thailand, Malaysia and Cambodia, Ecotrade Group has become a global leader in precious metal recycling technology for catalytic converters.

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Strict Emission Standards and Rising EV Sales to Fuel Application of Li-ion Battery Materials Globally

Li-ion is expected to remain the battery technology of choice for electric vehicles until 2026, finds Frost & Sullivan

SANTA CLARA, California, July 6, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Li-ion Battery Materials Market, Forecast to 2026, estimates that the global market for Li-ion battery materials will register a robust double-digit growth rate by 2026. The rising sales of electric vehicles (EVs) have resulted in an unprecedented…

Li-ion is expected to remain the battery technology of choice for electric vehicles until 2026, finds Frost & Sullivan

SANTA CLARA, California, July 6, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Li-ion Battery Materials Market, Forecast to 2026, estimates that the global market for Li-ion battery materials will register a robust double-digit growth rate by 2026. The rising sales of electric vehicles (EVs) have resulted in an unprecedented demand for batteries and battery materials. While the market is making significant strides toward developing alternatives to Li-ion batteries for EVs, wide-scale commercial adoption is expected to commence only by the second half of the decade. With Li-ion expected to remain the battery technology of choice, the Li-ion battery materials market is forecast to grow at a compound annual growth rate (CAGR) of 13.0%, reaching $36.56 billion by 2026 from $15.49 billion in 2019.

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

«Ever-tightening emission standards, coupled with government policies incentivizing EV production, are increasingly driving multi-billion dollar investments toward automotive electrification infrastructure, especially in Europe and APAC. This is creating significant growth avenues for battery materials market participants,» said Gautam Rashingkar, Industry Analyst, Chemicals, Materials, and Nutrition. «The quest toward packing in high-energy densities to facilitate maximum possible driving ranges, while focusing on reducing overall battery costs, continues to be the key factor driving development, adoption, and wide-scale use of specific battery materials.»

Rashingkar added the ever-increasing push for high-energy-density batteries is expected to impact the selection and use of individual battery materials, and there is a growing preference for high-nickel-content cathode materials, partial replacement of graphite with silicon composites in anodes, and an increasing demand for thinner, high-thermal-resistance separators. Also, battery manufacturers are increasingly incorporating functional additives in electrolytes.

«Furthermore, with rapid expansion in battery manufacturing infrastructure, participants across the value chain are mandating ethical sourcing of raw materials, reduction in the use of critical materials, and developing processes and infrastructure for recycling and end-of-life management for Li-ion batteries, especially in Europe,» Rashingkar concluded.

For further revenue opportunities, battery material vendors should:

  • Develop and promote the use of advanced cathode materials that balance energy density, safety, and stability to gain a significant edge over competitors.
  • Strengthen footprint across key geographies in APAC and Europe, where significant battery production capacities are expected to be added.
  • Build effective recycling processes and infrastructure in collaboration with original equipment manufacturers (OEMs) or recycling companies to ensure access to critical raw materials such as cobalt, nickel, and copper.
  • Consider collaborations and/or acquisition of companies specializing in materials for advanced, next-generation batteries to secure their market position.

Global Li-ion Battery Materials 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.

Global Li-ion Battery Materials Market, Forecast to 2026
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Automotive Axle & Propeller Shaft Market Worth $25.4 Billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 6, 2020 /PRNewswire/ — According to the new market research report «Automotive Axle & Propeller Shaft Market by Axle Type (Live, Dead & Tandem), Axle Position (Front & Rear), Propeller Shaft Type (Single & Multi-Piece), Passenger Car Propeller Shaft Material (Alloy & Carbon Fiber) and Region – Global Forecast to 2025«,…

CHICAGO, July 6, 2020 /PRNewswire/ — According to the new market research report «Automotive Axle & Propeller Shaft Market by Axle Type (Live, Dead & Tandem), Axle Position (Front & Rear), Propeller Shaft Type (Single & Multi-Piece), Passenger Car Propeller Shaft Material (Alloy & Carbon Fiber) and Region – Global Forecast to 2025«, published by MarketsandMarkets™, the global Automotive Axle & Propeller Shaft Market size is projected to grow at a CAGR of 3.2% during the forecast period, to reach a market size of USD 25.4 billion by 2025 from USD 21.7 billion in 2020.

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Increasing production of heavy commercial vehicles, rising SUV demand, and growing adoption of AWD vehicles to get enhanced traction is expected to fuel the demand for Automotive Axle & Propeller Shaft Market.

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190 – Tables
61 – Figures
218– Pages

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Single piece propeller is estimated to hold the largest share in automotive propeller shaft segment

Single-piece propeller shaft dominates the automotive propeller shaft market during the forecast period. The factors that drive the growth of this segment are cost-effectiveness as well as its overall durability. The single-piece propeller shaft is used more than the multi-piece propeller shaft majorly because of its lightweight capabilities that provide high fuel efficiency. The single-piece propeller shaft becomes an ideal choice for the shorter distance between the engine and the rear axle. The demand for the sport utility vehicle segment is rising mainly in the US, China, and India, owing to the improving economic environment, low crude oil prices, and rising per capita income. This will prompt the demand for rear-wheel-drive vehicles, which are usually installed with the single-piece shaft, and subsequently, the growth of SUVs would also foster the demand for single-piece propeller shaft in the future.

Tandem axle segment is anticipated to register the highest growth rate from 2020 to 2025

The tandem axle is expected to be the fastest-growing market for the automotive axle market by type from 2020 to 2025. According to OICA statistics, heavy commercial vehicle sales have increased from 23.0 million units in 2014 to 26.0 million units in 2019, at a CAGR of 3.26%. The growth can be attributed to factors such as increasing infrastructure spending, rising import-export trade, and growing e-commerce activities. Furthermore, the increasing goods trade has prompted the installation of the tandem axle, which offers additional load carrying capacity to the vehicle. The rising growth of good transport would fuel the demand for heavy-duty trucks and semi-trailers, which are usually installed with the tandem axle, which subor goods transport, which brings the necessity of tandem axle.

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Asia Oceania is expected to have a major share in the Automotive Axle & Propeller Shaft Market

The study estimates Asia Oceania as the largest consumer for the Automotive Axle & Propeller Shaft Market during the forecast period. The region is the global leader in vehicle production, with production growth of about 26%–28% over the past five years for passenger cars and commercial vehicles. China has been the leading automotive market for vehicle production as well as sales in this region. According to OICA, China, along with Japan and India, accounted for almost 40%-44% of global vehicle production in 2018.

Furthermore, as per the World Bank statistics, the per capita income in China and India increased by about 68% and 14%, respectively, from 2010 to 2015. The rise in disposable income is expected to increase the sales of economy, and premium vehicles, which, in turn, will drive the demand for axle and propeller shaft in the region.

Some of the key players in the Automotive Axle and Propeller Shaft Market are ZF Friedrichshafen AG (Germany), Dana Incorporated (US), GKN Automotive (UK), American Axle & Manufacturing, Inc. (US), Meritor, Inc. (U.S.), Showa Corporation (Japan), Hyundai Wia Corporation (South Korea), JTEKT Corporation (Japan), and GKN plc (UK)

Browse Related Reports:

Torque Vectoring Market for Automotive by Vehicle type (PC and LCV), Technology (ATVS and PTVS), Propulsion (AWD/4WD, FWD, RWD), EV Type (BEV and HEV), Clutch Actuation Type (Hydraulic and Electronic), and Region – Global Forecast to 2025

Automotive Suspension Market By Architecture (MacPherson Strut, Double Wishbone, Multi-link, Twist Beam, Leaf Spring, Air Suspension), System Type, Actuation, Component OE & Aftermarket, Vehicle (ICE, BEV, HEV, PHEV), and Region – Global Forecast To 2025

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Automotive HVAC System Market to Reach $68.18 Bn, Globally, by 2027 at 5.8% CAGR, Says Allied Market Research

PORTLAND, Oregon, July 6, 2020 /PRNewswire/ — Allied Market Research recently published a report, titled, «Automotive HVAC System Market by Technology (Automatic and Manual), Vehicle Type (Passenger Car, Commercial Vehicle, and Electric Vehicle), and Component (Evaporator, Compressor, Condenser, Receiver-drier, Expansion Valve, and Others): Global Opportunity Analysis and Industry…

PORTLAND, Oregon, July 6, 2020 /PRNewswire/ — Allied Market Research recently published a report, titled, «Automotive HVAC System Market by Technology (Automatic and Manual), Vehicle Type (Passenger Car, Commercial Vehicle, and Electric Vehicle), and Component (Evaporator, Compressor, Condenser, Receiver-drier, Expansion Valve, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027″. According to the report, the global automotive HVAC system industry was pegged at $43.37 billion in 2019, and is projected to $68.18 billion, growing at a CAGR of 5.8% from 2020 to 2027.

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Chief motivators for market growth

Rise in demand for thermal system and automatic climate control features in automobiles, increase in safety & comfort due to adoption of HVAC systems, and surge in vehicle production have boosted the growth of the global automotive HVAC systems market. However, high maintenance cost hampers the market growth. On the contrary, adoption of eco-friendly refrigerants and production of cheaper HVAC systems are expected to create lucrative opportunities in the near future.

Automatic segment held the largest share

The automatic segment dominated the market in 2019, accounting for more than half of the global automotive HVAC systems market, owing to increase in adoption of luxurious vehicle segment and technology shift from semi-automatic to fully automated HVAC systems and high technological advancements in North America, Europe, and some countries of Asia-Pacific. Moreover, the segment is projected to register the highest CAGR of 6.1% during the forecast period.

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Electric vehicle segment to portray the highest CAGR through 2027

The electric vehicle segment is expected to manifest the fastest CAGR of 11.3% during the forecast period, owing to rise in urbanization, an increase in attractive offers on electric vehicles from various governments, and growing inclination of the consumers toward e-motors. However, the passenger car segment held the largest share in 2019, contributing to nearly three-fourths of the global automotive HVAC systems market, due to rise in disposable income in countries such as India and China, higher adoption of strategies and increase in sales across the globe.

Asia-Pacific, followed by Europe and North America, held the largest share

The global automotive HVAC systems market across Asia-Pacific, followed by Europe and North America, held the largest share in 2019, accounting for more than one-third of the market. Moreover, the region is expected to register the fastest CAGR of 6.1% during the forecast period. This is due to rise in disposable income in Asian countries and the focus of manufacturers on developing new products to meet customer demands.

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Major market players

  • Denso Corporation
  • Hanon Systems (HVCC)
  • Valeo services
  • Sanden Holdings Corporation
  • Calsonic Kansei Corporation
  • Johnson Electric
  • Mahle GmbH
  • Keihin Corporation
  • Sensata Technologies, Inc.
  • Air International Thermal Systems

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India Automotive HVAC Market 2020-2026: The India automotive HVAC market size generated revenue worth $821.8 million in 2018 and is projected to reach $2,033.1 million by 2026, registering a CAGR of 11.6% during the forecast period.

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Metal Forming Market for Automotive Worth $202.2 Billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 3, 2020 /PRNewswire/ — According to the new market research report «Metal Forming Market for Automotive by Technique (Roll, Stretch, Stamping, Deep Drawing, Hydroforming), Type (Hot, warm and Cold), Application (BIW, Chassis, Closure), Material (Steel, Aluminum, Magnesium), Vehicle (ICE & Electric) – Global Forecast to 2025″, published…

CHICAGO, July 3, 2020 /PRNewswire/ — According to the new market research report «Metal Forming Market for Automotive by Technique (Roll, Stretch, Stamping, Deep Drawing, Hydroforming), Type (Hot, warm and Cold), Application (BIW, Chassis, Closure), Material (Steel, Aluminum, Magnesium), Vehicle (ICE & Electric) – Global Forecast to 2025″, published by MarketsandMarkets™, the Metal Forming Market for automotive is expected to grow at a CAGR of 3.2%, by value, during the forecast period. The market is estimated to be USD 172.5 billion in 2020 and is projected to reach USD 202.2 billion by 2025.

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The driving factors for the metal forming market for automotive are gradually increasing vehicle production across the globe (particularly in Asia Oceania) and the increasing trend of vehicle lightweighting due to stringent emission norms.

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71 – Figures

215 – Pages

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«By vehicle type, passenger car is expected to hold the largest share of the metal forming market for automotive»

According to the Organisation Internationale des Constructeurs d’Automobiles (OICA), passenger cars accounted for 61.2% of the overall vehicle production in 2017. In 2017, according to OICA, the passenger car production in the Asia Oceania region was approximately 44.96 million units in 2019. Passenger cars have the highest application of formed components, more than that for light and heavy commercial vehicles. Owing to the increasing passenger car production, especially in the Asia Oceania region, and high applications of metal forming, passenger car segment is projected to share of the metal forming market, by vehicle type.

«Aluminum is expected to show the fastest growth over the forecast period, by material type»

The contribution of aluminum to the overall vehicle weight has grown substantially over the years. According to the ACC, the contribution of aluminum has increased from 7.8% of the total vehicle weight in 2005 to about 9.0% in 2012, and approximately 12.5% in 2019 for light weight vehicles in North America. Several automotive components are manufactured using aluminum. These include cross-car beam, front door, oil pan, rear door frame, and seat frame. Aluminum is rapidly replacing steel in many automotive applications like body in white and chassis. Its usage rate (%) for forming applications is higher in Europe and North America when compared with that in Asia Oceania. However, even with the low usage rate, Asia Oceania is the largest market for aluminum, owing to its huge vehicle production.

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«Asia Oceania is estimated to be the largest metal forming market for automotive over the forecast period»

China, India, Japan, South Korea, and others are considered under the Asia Oceania region for this study. China is the largest contributor in terms of vehicle production in the Asia Oceania region. Out of the total vehicle production, China contributed approximately 24.9% in 2019. Japan is the second largest vehicle producing country which contributes approximately 8.4% to the global vehicle production. In addition to high vehicle production, factors such as increasing GDP, rising per capita income, low production costs, availability of economic labor, and government initiatives for FDI have created growth opportunities for the OEMs and tier 1 players of the metal forming market in the Asia Oceania region. Even the presence of the tier 1 players such as Aisin Seiki (Japan), Hirotec (Japan), and Toyota Boshoku (Japan) is driving the Asia Oceania metal forming market for automotive.

The metal forming market for automotive is dominated by manufacturers such as Magna (Canada), Benteler (Germany), Tower International (UK), Toyota Boshoku (Japan), and Aisin Seiki (Japan).

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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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F1 Experiences and the Automobile Club of Monaco introduce Official Experience Packages for the 2021 Formula 1 Grand Prix de Monaco

LONDON, July 2, 2020 /PRNewswire/ — F1® Experiences, the Official Experience, Hospitality & Travel Programme of Formula 1®, confirmed today that it has entered into an agreement with the Automobile Club of Monaco (ACM) whereby F1 Experiences will become the Official Experience Provider for the 2021 Formula 1 Grand Prix de Monaco.

<img id="prnejpg7383left" title=" " border="0" alt=" " align="middle"…

LONDON, July 2, 2020 /PRNewswire/ — F1® Experiences, the Official Experience, Hospitality & Travel Programme of Formula 1®, confirmed today that it has entered into an agreement with the Automobile Club of Monaco (ACM) whereby F1 Experiences will become the Official Experience Provider for the 2021 Formula 1 Grand Prix de Monaco.

Under the title of Monaco Grand Prix Experiences, this new collaboration will offer an exciting range of exclusive ticket and hospitality packages for the 2021 Formula 1 Grand Prix de Monaco, which will be held in the Principality of Monaco on May 20-23rd. The Monaco Grand Prix Experiences programme offers dynamic products that feature official ACM hospitality venues, F1 Experiences behind the scenes access, luxury Monaco tourism activities, and other world class experiences that only the Monaco venue and the ACM can provide.

Michel Boeri, President of the Automobile Club de Monaco, said:

«The Automobile Club de Monaco is pleased to unite with F1 Experiences to provide its Official Experience Packages that will enhance the enjoyment of visitors to Monaco and to the ’78th Grand Prix de Monaco.»  

Keith Bruce, President of F1 Experiences, said:

«The Monaco Grand Prix is a Formula 1 institution and the most prestigious event on the annual racing calendar. We are honoured to announce this new collaboration with the ACM, which will expand our first-class portfolio of offerings and provide guests unrivalled privileges and access to the Monaco Circuit and, in and around the Principality itself.   We have been pleased with the enthusiastic response from existing and new clients planning to enjoy the whole Monaco Grand Prix Experience.»

The new 2021 Monaco Grand Prix Experience Packages are on sale now. For more information and package details, visit www.F1Experiences.com or www.acm.mc

About F1® Experiences | Founded in 2017, F1® Experiences is the Official Experience, Hospitality & Travel Programme of Formula 1®. As a full-service travel provider, F1 Experiences brings guests unparalleled access to the FIA Formula One World Championship through Official Ticket Packages. F1 Experiences offers the best tickets available, first-class hotels, seamless transfers and unprecedented access only available to its guests.

About the Automobile Club de Monaco and the F1 Grand Prix of Monaco

Founded in 1890, the Automobile Club de Monaco (ACM) is the organizer of iconic motorsport events (Monaco Grand Prix Formula 1 & Historic, Monaco E-Prix and Rallye Monte-Carlo WRC, Historic & Electric). The ‘Formula 1 Grand Prix de Monaco’ is widely considered to be one of the most important and prestigious motor races in the world, alongside the Indianapolis 500 and the 24 Hours of Le Mans.  Every year, the Monaco Grand Prix remains one of the greatest events of the Formula 1 calendar, with nearly 250’000 fans in attendance over the race week-end and a live global audience of 110 million viewers.

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Diesel Power Engine Market Worth $7.9 Billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 2, 2020 /PRNewswire/ — According to the new market research report «Diesel Power Engine Market by Operation (Standby, Prime, and Peak Shaving), Power Rating (Below 0.5 MW, 0.5-1 MW, 1.0-2 MW, 2.0–5 MW, and Above 5 MW), End User (Industrial, Commercial, and Residential), Speed, and Region – Global Forecast to 2025«, published by…

CHICAGO, July 2, 2020 /PRNewswire/ — According to the new market research report «Diesel Power Engine Market by Operation (Standby, Prime, and Peak Shaving), Power Rating (Below 0.5 MW, 0.5-1 MW, 1.0-2 MW, 2.0–5 MW, and Above 5 MW), End User (Industrial, Commercial, and Residential), Speed, and Region – Global Forecast to 2025«, published by MarketsandMarkets™, the Diesel Power Engine Market is expected to reach USD 7.9 billion by 2025 from an estimated value of USD 6.3 billion in 2020, at a CAGR of 4.6%. In Asia Pacific, increasing electricity demand, and industrialization projects in the countries such as China, Japan, India, and South Korea are the main factors driving the growth of the Diesel Power Engine Market in the region. In North America, and Europe the demand for diesel power engines is in large part driven by the investments in datacenters, and other commercial facilities.

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The Diesel Power Engine Market includes major Tier I and II suppliers like Caterpillar, Cummins, Wartsila, Rolls Royce Holdings, and MAN SE. These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, Middle East & Africa, and South America. COVID-19 has impacted their businesses as well.

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The industrial segment is expected to be the largest Diesel Power Engine Market, by operation, during the forecast period

Industries require standby power generation to be used in the case of power outages or voltage fluctuations. Several large industries are in remote locations where distribution supply is unavailable. In such situations, industries need power generation to provide prime power and require other sets of power generation for emergencies. Temporary power supply for projects is another major application in industrial segment. Increased industrial activity and investments in Asia Pacific are expected to drive the demand for diesel power engines.

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111 – Tables

66 – Figures

189– Pages

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The Above 1000 rpm segment is projected to dominate the Diesel Power Engine Market during the forecast period

Demand for diesel power engines from the industrial and commercial sectors for standby power generation and peak shaving is the major driver for demand in this segment. High-speed diesel engines which operate at speeds of more than 1000 rpm are popular in low- and medium-power engine segments. These high-speed engines offer advantages such as low initial cost, better fuel efficiencies, low maintenance cost, and reduced overhaul frequency and related costs. Industrial and commercial end users prefer diesel power engines of this segment due to their quick-start capability.

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Europe is projected to be the fastest growing Diesel Power Engine Market during the forecast period

In this report, the Diesel Power Engine Market has been analyzed across five regions, namely, Asia Pacific, North America, Europe, Middle East & Africa, South America. High growth in European market is driven by the increased investments in datacenters owing to the demand from global trends, digitalization, analytics, and cloud computing. Key policy decisions by the EU, especially General Data Protection Regulation (GDPR), which indirectly forces global companies to process European data on European soil, are expected to drive the demand in this area. Emergency standby power is required for datacenters to stay online in spite of the main power grid supply interruptions. These factors are expected to drive the growth of diesel power engines in Europe.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Diesel Power Engine Market. The key players include Caterpillar (US), Cummins (US), Wartsila (Finland), Rolls Royce Holdings (UK), MAN SE (Germany), Mitsubishi Heavy Industries Engine & Turbocharger (Japan), and Volvo Penta (Sweden).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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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Automotive Power Electronics Market Worth $4.7 Billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 2, 2020 /PRNewswire/ — According to the new market research report «Automotive Power Electronics Market by Device Type (Power IC, Module & Discrete), Application, Component (Sensor & Microcontroller), Material, Vehicle Type (Passenger Vehicle, LCV…

CHICAGO, July 2, 2020 /PRNewswire/ — According to the new market research report «Automotive Power Electronics Market by Device Type (Power IC, Module & Discrete), Application, Component (Sensor & Microcontroller), Material, Vehicle Type (Passenger Vehicle, LCV & HCV), Electric Vehicle Type, and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global Automotive Power Electronics Market size is projected to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025, at a CAGR of 4.7%.

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Browse in-depth TOC on «Automotive Power Electronics Market»
314 – Tables
64 – Figures
271 – Pages

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The increasing electronics content inside the vehicle for the operation of specific vehicle applications and government mandates related to carbon emissions and vehicle safety are some of the key factors that will drive the market for Automotive Power Electronics Market. Developments in the power converters of the electric vehicle is also one of the factor that drives the Automotive Power Electronics Market.

Vehicle production was low in April and May 2020 in the major European, Asia Pacific countries and the US due to the ongoing COVID-19 pandemic. Earlier, the Automotive Power Electronics Market was expected to witness rapid growth from 2022 onward as major safety regulations are outlined to be imposed. As vehicle production is suspended, any new investment for advanced technology is unlikely. OEMs and tier 1 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.

Increasing use of mechatronics devices and comfort features inside the vehicle is expected to result in the dominance of body control & comfort segment in Automotive Power Electronics Market

Body control & comfort comprise of features like tire pressure monitoring system (TPMS), lighting, seat control, heating, ventilation and air conditioning (HVAC) and start-stop module. Vehicles across the globe are getting installed with latest versions of these sub-applications of body control & comfort. Start-stop module sub-application is showing tremendous growth in recent years. On the other hand vehicles are getting installed with modern LED technologies for both interior and exterior lighting. TPMS is treated as a good to have feature in the vehicle. Luxury vehicles are getting fitted with advanced seat controls and heated/ventilated seats. These applications are becoming essential features in passenger vehicles. Also features like LED lightings, TPMS and star-stop modules are getting installed in other category of vehicles like light commercial and heavy commercial vehicles. These are main factors that is fueling the market for body control & comfort segment by application type of Automotive Power Electronics Market.

Increasing use of modern materials like SiC and GaN for power modules and discrete is helping power module/discrete to dominate the market of automotive power electronics by device type

Power semiconductor devices like power IC, module and discrete are considered as main solid-state devices in power electronics. With the increasing electronic content inside the vehicle, traditional mechanically operated systems or applications are getting advanced and efficient. For its proper functioning, power modules and discrete are essential. Number of installation of power module and discrete is more than power IC. Because of operational advantages of Silicon Carbide (SiC) and Gallium Nitride (GaN) over traditionally used transistors, power modules are getting advanced and are suitable for handling critical to operate system. This in turn is helping power module/discrete segment to dominate Automotive Power Electronics Market by device type.

Power IC segment is also showing good individual growth in the Automotive Power Electronics Market by device type. It is a must have device type for the power electronics of a vehicle. Power ICs are costlier than that of power module/discrete. However, prices of these devices types are going down every year.

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Asia Pacific likely to emerge as the largest Automotive Power Electronics Market

Asia Pacific is always seen as a revenue generating region in an automotive sector. Region comprise of technologically advanced countries like Japan, South Korea and countries with increasing populations and improving economies. Vehicles in this region are getting advanced at the backdrop of customer need and implementation of government regulations related to vehicle safety and carbon emissions. All kind of key vehicles categories like passenger vehicle, light and heavy commercial vehicles are getting advanced. Changes in the powertrain technology, inclusion of modern safety features, and technology for vehicle management are some of the key trend that is helping Asia Pacific region to dominate the market for automotive power electronics. Also, Asia Pacific is considered as key region in semiconductor space. Countries like Japan, China and Taiwan are main exporter of semiconductor components. This makes the smooth supply-chain for semiconductor supply in Asia Pacific.

The Automotive Power Electronics Market is dominated by global players such as Robert Bosch (Germany), Continental AG (Germany), Infineon (Germany), STMicroelectronics (Switzerland), ON Semiconductor (US), Danfoss (Denmark), etc. These companies have adopted strategies of new product development, expansions, collaborations, partnerships, and mergers & acquisitions to gain traction in the market. New product development was most adopted strategy among others.

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Vehicle Control Unit Market by Vehicle Type, Component (Hardware & Software), Propulsion Type, Voltage (12/24V & 36/48V), Capacity (16, 32, & 64-bit), Electric Two-Wheeler, Communication Technology, Function, and Region – Global Forecast to 2027.

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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.

MarketsandMarkets’ flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
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USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
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