Categoría: Hispanicmotorpress

Veoneer Recognized by General Motors as a 2019 Supplier of the Year Winner

STOCKHOLM, June 30, 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company’s 28th annual Supplier of the Year awards on Wednesday, June 24, 2020. 

During the event, GM recognized 116 of its best suppliers from 15 countries that have consistently exceeded GM’s expectations,…

STOCKHOLM, June 30, 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company’s 28th annual Supplier of the Year awards on Wednesday, June 24, 2020. 

During the event, GM recognized 116 of its best suppliers from 15 countries that have consistently exceeded GM’s expectations, created outstanding value or introduced innovations to the company. The awards ceremony was originally scheduled as a live-event to be held in March but was postponed due to the impact of the COVID-19 pandemic. The recognition is for supplier performance in the 2019 calendar year.

This is the 2nd time Veoneer has received the award.  Veoneer, is a spin off from Autoliv, a pioneer in automotive safety for 67 years.

«Our suppliers play a key role in delivering the products, services and experiences our customers deserve – and these award-winning suppliers went above and beyond our expectations,» said Shilpan Amin, GM vice president, Global Purchasing and Supply Chain.

«We also believe it’s important at this point in time to thank our entire supply base for their efforts the last few months to mitigate the impacts of COVID-19,» added Amin. «Not only have we been able to safely restart our manufacturing operations, our suppliers played a key role in assisting our initiatives to increase the supply of ventilators and personal protection equipment (PPE) for frontline health care workers to help save lives and keep communities safe.»

The Supplier of the Year award winners were chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives. Winners were selected based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales, and Logistics.

«We are extremely honored to receive the 2019 General Motors Supplier of the Year Award for Electronic Modules,» said Jan Carlson, Veoneer Chairman, President and CEO. «We are proud to be recognized by our longtime partner for our commitment to performance, quality and innovation and to support their mission to deliver new levels of safety and convenience to car drivers and occupants across the globe.»

Veoneer, Inc. is a worldwide leader in automotive technology. Our purpose is to create trust in mobility. We design, manufacture and sell state-of-the-art software, hardware and systems for occupant protection, advanced driving assistance systems, and collaborative and automated driving to OEMs globally. Headquartered in Stockholm, Sweden, Veoneer has 7,600 employees in 13 countries. In 2019, sales amounted to $1.9 billion. The Company is building on a heritage of close to 70 years of automotive safety development. In 2018, Veoneer became an independent, publicly traded company listed on the New York Stock Exchange (NYSE: VNE) and on the Nasdaq Stockholm (SSE: VNE SDB).

General Motors (NYSE: GM) is a global company committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities, sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Holden, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at http://www.gm.com.

For more information please contact:

Thomas Jönsson, EVP Communications & IR, tel +46 (0)8 527 762 27

Ray Pekar, VP Investor Relations, tel +1 (248) 794-4537

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/veoneer/r/veoneer-recognized-by-general-motors-as-a-2019-supplier-of-the-year-winner,c3144866

AGC’s Light Control Glass, «WONDERLITE (TM) Dx,» Makes Worldwide Debut in Toyota’s New Harrier

TOKYO, June 30, 2020 /PRNewswire/ — AGC Inc. has announced its light control glass, «WONDERLITE (TM) Dx,» has been adopted for the panoramic sunroof of Toyota’s new Harrier, launched for sale on June 17, 2020. When used as vehicle exterior glass, this product boasts the world’s fastest response (*1) time, enabling instantaneous control of light transmission. This marks the world’s first-ever adoption (*1) of the product in a mass production vehicle.

AGC’s light…

TOKYO, June 30, 2020 /PRNewswire/ — AGC Inc. has announced its light control glass, «WONDERLITE (TM) Dx,» has been adopted for the panoramic sunroof of Toyota’s new Harrier, launched for sale on June 17, 2020. When used as vehicle exterior glass, this product boasts the world’s fastest response (*1) time, enabling instantaneous control of light transmission. This marks the world’s first-ever adoption (*1) of the product in a mass production vehicle.

AGC’s light control glass WONDERLITE (TM) Dx comprises a specialized film encapsulated between layers of interlayer in laminated automotive glass. By softening the sun’s glare in dimmed mode (opaque state) and providing a wide sense of openness in transparent mode (clear state), the product realizes a vehicle interior that allows pleasant light to pour in from the panoramic sunroof whenever the user wishes.

Logo: https://kyodonewsprwire.jp/img/202006170973-O1-J4ya4Do9

Image1: Dimmed mode (opaque state) (*2) https://kyodonewsprwire.jp/prwfile/release/M000303/202006170973/_prw_PI2fl_7S1299Bm.jpg

Image2: Transparent mode (clear state) (*2) https://kyodonewsprwire.jp/prwfile/release/M000303/202006170973/_prw_PI3fl_R3c413jz.jpg

Under its «AGC plus» management policy, the AGC Group has made a commitment to create products that add various pluses for stakeholders. Pluses for society include «safety,» «security» and «comfort,» while pluses for customers include «new value» and «functionality.» AGC is dedicated to pursuing technological innovations that allow it to continue providing products that add new value and exceed customers’ expectations.

Notes:

(*1): Based on AGC research.
(*2): Photos do not represent the panoramic sunroof of the new Harrier model.

REFERENCE

Technical Overview of Light Control Glass «WONDERLITE (TM) Dx»

-Structure

Image3: https://kyodonewsprwire.jp/img/202006170973-O4-de68Lr14

Light control glass is composed of a specialized film (*3) encapsulated between layers of interlayer in laminated automotive glass. The film contained within is packed with a special material too small to be perceived by the naked eye. Around 99% of ultraviolet rays are blocked in both transparent and dimmed mode (*4).

Notes:

(*3): Special film made by Kyusyu Nanotec Optics Co., Ltd.
(*4): Based on ISO9050 standards

-Mechanism Voltage is used to control distribution and orientation of the special material in the film encapsulated between layers of interlayer in laminated automotive glass, enabling instantaneous switching between transparent mode and dimmed mode.

Image4: Dimmed mode (opaque state, when switched off) https://kyodonewsprwire.jp/prwfile/release/M000303/202006170973/_prw_PI5lg_K8AH6A7f.jpg

Image5: Transparent mode (clear state, when switched on) https://kyodonewsprwire.jp/prwfile/release/M000303/202006170973/_prw_PI6lg_2hMe5nbf.jpg

IDTechEx Research: Conductive Inks – Finding the Right Segment in a Diverse $2.3B Market

BOSTON, June 29, 2020 /PRNewswire/ — The conductive ink market is diverse. This is shown in the schematic below, showing the commercialization status of diverse spectrum applications. This diversity is both a blessing and a curse. A blessing because diversity imparts long-term resilience to the market and has allowed the technology to stay relevant over decades by always finding new markets and growth opportunities. A curse because this diversity makes market segmentation, analysis, and focus a…

BOSTON, June 29, 2020 /PRNewswire/ — The conductive ink market is diverse. This is shown in the schematic below, showing the commercialization status of diverse spectrum applications. This diversity is both a blessing and a curse. A blessing because diversity imparts long-term resilience to the market and has allowed the technology to stay relevant over decades by always finding new markets and growth opportunities. A curse because this diversity makes market segmentation, analysis, and focus a challenge and because it also makes the development of a universal one-size-fits product or of sales by catalogue rather difficult. On the contrary, it makes the ability to customize formulation depending on the printing, adhesion, conductivity, stretchability, or other requirements of the application a strategic competency.

Source: IDTechEx, To learn more visit “Conductive Ink Markets 2020-2030: Forecasts, Technologies, Players” www.IDTechEx.com/Ink

IDTechEx Research has been analysing the markets for conductive inks for nearly a decade. In this time, nearly all of the key suppliers and users have been interviewed, analysts have visited or lectured tens of events worldwide, and have performed many projects, helping companies find applications and customers, acquire technologies, or make other investment decisions.

The results of the research from IDTechEx are represented in the comprehensive report, «Conductive Ink Markets 2020-2030: Forecasts, Technologies, Players«. This report offers many self-contained chapters, each focusing on the technology and market analysis of a given existing or emerging application. It is designed to help the market players make sense of emerging and existing applications, finding the right future growth segments.

In particular, the following markets/trends are of interesting:

  • 5G: The trend towards sub-6GHz 5G is enabling a transition of the power amplifier technology from Si LDMOS to GaN. This transition has thrown the market doors open to new die attach technologies, making this an interesting time for sintered paste die attach materials including pressure-less ones. In addition, filtering requirements in mmWave 5G will change, driving a transition in the technology of choice as performance requirements will be beyond incumbent solutions. Multi-layer LTCC based solutions are a promising option. The success will in turn create a market for conductive pastes.
  • Electric vehicles: the sales of electric vehicles are worldwide increasing. In turn, this means more demand for power electronics. The power electronic technology itself is changing. In particular, wide bandgap materials are gaining traction. In any case, the power density and the operating temperature are rising, in some cases beyond what existing solder can handle. In turn, this has opened many growing opportunities for Ag or Cu sintered (pressure, little pressure, or pressure less) die attach pastes. In addition, battery backs are a potential target opportunity. Here, printed temperature sensors are being proposed to offer battery monitoring.
  • Automotive (general): In addition to the electric vehicle business, the automotive business has emerged as an important target market for conductive pastes. Traditional applications include rear window de-frosters, occupancy or seat belt sensors, and seat heat sensors. The seat heating and sensor applications have extensive growth potential, whilst the window heaters will be changing their form, evolving towards transparent heaters. Emerging applications include 3D-shaped user interfaces or some exterior parts made with InMold Electronics.
  • EMI shielding: this continues to be an interesting market, especially with those OSATs or integrated chip makers selling into the non-Korean markets where there is no or little excess sputtering capacity to hinder the adoption of ink-based alternatives. Qualification is still on going and, in some cases, small production units already exist. COVID-19 may have helped, delaying some decision points and giving the tech the option to further mature.
  • E-textiles, wearables, and skin patches: The market in e-textiles is growing, albeit slightly. There is a lack of standards or even clearly defined product requirements. The supply chain is immature. Nonetheless, products are being launched. The skin patch business is huge and booming, and here printed conductors can add value in enhancing product performance and user comfort/experience. Many prototypes have already been demonstrated.

There are many other exciting markets. Even the huge silicon PV market contained surprising new opportunities- e.g., advanced activity on inkjet printed high-performance silicon PVs. To learn more about the conductive ink market please visit «Conductive Ink Markets 2020-2030: Forecasts, Technologies, Players«. This is unrivalled in its depth and breadth. The report covers numerous existing and emerging applications. For nearly every application covered, it describes the market dynamics, assesses the drivers, identifies key technologies, highlights key prototypes and products, mentions vital players, reviews addressable markets, and offers market sizing and projection.

For more information on this report, please visit www.IDTechEx.com/Ink or for the full portfolio of research available from IDTechEx please visit www.IDTechEx.com/Research.

IDTechEx guides your strategic business decisions through its Research, Consultancy and Event products, helping you profit from emerging technologies. For more information on IDTechEx Research and Consultancy, contact research@IDTechEx.com or visit www.IDTechEx.com.

Media Contact:

Natalie Moreton
Digital Marketing Manager
press@IDTechEx.com
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Locus Listed as a Representative Vendor in Gartner’s Market Guide for Vehicle Routing and Scheduling

– The Company was recognized as a Representative Vendor in the 2020 report

WILMINGTON, Delaware, June 29, 2020 /PRNewswire/ — Locus, a global B2B SaaS company that automates human decisions in the supply chain, today announced that it has been identified as a Representative Vendor in the Gartner ‘Market Guide for Vehicle Routing and Scheduling’ report1. Gartner is a leading research and advisory company.

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– The Company was recognized as a Representative Vendor in the 2020 report

WILMINGTON, Delaware, June 29, 2020 /PRNewswire/ — Locus, a global B2B SaaS company that automates human decisions in the supply chain, today announced that it has been identified as a Representative Vendor in the Gartner ‘Market Guide for Vehicle Routing and Scheduling’ report1. Gartner is a leading research and advisory company.

Locus_Logo

The report gives an overview of the Vehicle Routing and Scheduling market and lists vendors. «Vehicle routing and scheduling (VRS) applications are evolving into solutions in which the routing algorithm is almost becoming a secondary feature. There is an increased focus on new technologies, such as machine learning (ML) and artificial intelligence (AI), and on functions such as last-mile fulfillment and customer experience,» says the report.

The Locus platform uses deep machine learning and proprietary algorithms to offer smart logistics solutions like route optimization, real-time tracking, insights and analytics, beat optimization, efficient warehouse management, vehicle allocation and utilization. Locus also helps companies optimize their end-to-end supply chain network with its strategic consulting offering.

Locus presently works with top clients across Southeast Asia, North America, Europe, and India. It has offices in the USA, India, Indonesia, and Vietnam. The top management of the company includes executives from Amazon Web Services (AWS), Barclays Capital, Google, and BlueDart (a DHL company), and data scientists with PhDs from Carnegie Mellon University and the University of Illinois, among others. 

«We believe being named by Gartner Market Guide for Vehicle Routing and Scheduling as a Representative Vendor reinforces the value we add to our customers. Supply chains have become increasingly complex these days. On top of it, COVID-19 has made life tougher and exposed the lack of collaboration, coordination, and visibility in the supply chain. Locus’ solutions help streamline supply chain operations, thereby bringing supply chain to the forefront of businesses,» said Nishith Rastogi, Chief Executive Officer, Locus. 

Locus has achieved a peak of 2 million+ orders processed in a day (200,000 orders an hour). The company’s solutions are now tried and tested on over 500 million+ order deliveries, and its operations have expanded to 1000+ cities across the globe.

The company has so far raised $29 million from tier-1 investors including Tiger Global, Falcon Edge, Blume Ventures, Exfinity Venture Partners & growX ventures.

Gartner subscribers can log in to read the full research on the website.

1Gartner, «Market Guide for Vehicle Routing and Scheduling,» Oscar Sanchez Duran, Bart De Muynck, 23 June 2020.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Locus:

Locus is a deep-tech platform that automates human decisions in the supply chain to provide efficiency, transparency, and consistency in logistics operations.

The platform uses deep machine learning and proprietary algorithms to offer smart logistics solutions like route optimization, real-time tracking, insights and analytics, beat optimization, efficient warehouse management, vehicle allocation and utilization. Locus powers more than two million deliveries daily across Southeast Asia, the Indian Subcontinent, Europe, and North America. Visit www.locus.sh to know more.

Media Contact:

Please reach out to – Marketing@locus.sh

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Automotive Lightweight Material Market worth $99.3 Billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, June 29, 2020 /PRNewswire/ — According to the new market research report «Automotive Lightweight Material Market by Material (Metal, Composite, Plastic, Elastomer), Application & Component (Frame, Engine, Exhaust, Transmission, Closure, Interior), Vehicle…

CHICAGO, June 29, 2020 /PRNewswire/ — According to the new market research report «Automotive Lightweight Material Market by Material (Metal, Composite, Plastic, Elastomer), Application & Component (Frame, Engine, Exhaust, Transmission, Closure, Interior), Vehicle Type (ICE, Electric & Hybrid), Region – Global Forecast to 2025″, published by MarketsandMarkets™, post COVID-19 is estimated to grow from USD 69.7 billion in 2020 to USD 99.3 billion by 2025, at a CAGR of 7.3% during the forecast period. The increasing demand for lightweight materials is driven by the rising usage of electric vehicles and stringent emission norms. Several OEMs have set individual targets for CO2 reductions in the coming years.

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Browse in-depth TOC on «Automotive Lightweight Material Market»
304 – Tables
51 – Figures
274 – Pages

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«Metals to be the largest segment, By Material Type»

Metals is estimated to be the largest segment in the Automotive Lightweight Material Market. Aluminum has the highest demand among metals, followed by HSS. The use of lightweight materials such as aluminum and HSS is higher in developed regions such as Europe and North America compared to developing regions such as Asia Oceania and RoW. Initially, the normal heavy steels would be replaced with light metals such as HSS that are available in abundance. Also, the usage of lightweight materials is high in plug-in hybrid and electric vehicles. Many OEMs plan to use lightweight materials in their upcoming models. Hence, the use of lightweight materials is expected to increase in all automotive components.

«Powertrain to be the fastest growing market for Automotive Lightweight Material Market, by Application»

Powertrain is expected to be the fastest growing market, by application, during the forecast period. Powertrain accounts for more than 27% of the vehicle weight and hence has a huge potential for application of lightweight material. Therefore, the use of lightweight material has increased in the powertrain in recent years. For instance, the engine blocks were conventionally made of heavy steel and cast iron. However, with the light-weighting trend, aluminum housings have now replaced conventional materials. Also, cylinder block and head, which was made of cast iron, is now made of lightweight aluminum.

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«Europe is estimated to be the largest market for automotive lightweight material»

The European automotive industry has been using lightweight materials for manufacturing vehicles since a long time. Europe is the manufacturing hub for leading premium car manufacturers such as Mercedes, Audi, BMW, Porsche, Alfa Romeo, Ferrari, Aston Martin, Bentley, and Jaguar. As a result, Europe has also become the hub for vehicle lightweighting. Member nations of the European Union are now following Euro 6 norms, which will have the knock-on effect of reducing pollutants such as nitrogen oxide and carbon monoxide, improve the fuel economy, and lower the CO2 emission levels. The standards for passenger car and commercial vehicle for 2020 are 95g/km and 147g/km of CO2, respectively. The lightweight material manufacturers and suppliers are investing heavily in R&D to create new and advanced lightweight materials. This has also helped in optimizing engine performance and efficiency through weight reduction. These efforts of automotive manufacturers are expected to drive market growth in the European region.

The Automotive Lightweight Material Market is dominated by global players and comprises several regional players. The key players in the Automotive Lightweight Material Market are BASF SE (Germany), Covestro AG (Germany), LyondellBasell Industries Holdings B.V. (Netherlands), Toray Industries, Inc. (Japan), ArcelorMittal (Luxembourg), thyssenkrupp AG (Germany), Novelis, Inc. (US), Alcoa Corporation (US).

Browse Related Reports:

Automotive Acoustic Materials Market by Type (ABS, Fiberglass, PP, PU, PVC & Textile), Component (Arch Liner, Dash, Fender & Floor Insulator, Door, Head & Bonnet Liner, Engine Cover, Trunk Trim, Parcel Tray), ICE & EV, and Region – Forecast to 2027

Metal Forming Market for Automotive by Technique (Roll, Stretch, Stamping, Deep Drawing, Hydroforming), Type (Hot and Cold), Application (BIW, Chassis, Closure), Material (Steel, Aluminum), Vehicle (ICE, Electric, and Hybrid) – Global Forecast to 2025

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’s 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.

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Lubricants Market Worth $182.6 Billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, June 26, 2020 /PRNewswire/ — According to the new market research report «Lubricants Market by Base Oil (Mineral Oil, Synthetic Oil, Bio-based Oil), Product Type (Engine Oil, Hydraulic Fluid, Metalworking Fluid), Application (Transportation and Industrial lubricants), Region – Global…

CHICAGO, June 26, 2020 /PRNewswire/ — According to the new market research report «Lubricants Market by Base Oil (Mineral Oil, Synthetic Oil, Bio-based Oil), Product Type (Engine Oil, Hydraulic Fluid, Metalworking Fluid), Application (Transportation and Industrial lubricants), Region – Global Forecast to 2025″, published by MarketsandMarkets™, the Lubricants Market size is projected to reach USD 182.6 billion by 2025, at a CAGR of 3.0% from USD 157.6 billion in 2020.

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Browse in-depth TOC on «Lubricants Market»399 – Tables 56 – Figures 324 – Pages

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https://www.marketsandmarkets.com/Market-Reports/lubricants-market-182046896.html

Lubricants are defined as various compounds like fluids, oils, and greases. Lubrication is an essential process for industrial processes, which helps to reduce the friction between moving parts or surfaces to enhance the efficiency of machines. Lubricants are manufactured using base oil, which is categorized as mineral oil, synthetic oil, and bio-based oil. Mineral oil and synthetic oil are sourced from petroleum crude, and bio-based oils are sourced from vegetable oil. The major factor that is driving the lubricants market is massive industrialization, the increasing disposable income & rapid urbanization in emerging countries.

Mineral oil was the largest segment in the global lubricants market in 2019.

Mineral oil was the largest segment in the lubricants industry, in terms of both value and volume, in 2019. Mineral oil-based lubricants are available in light and heavy grades, depending on the usage and requirement. They are produced via petroleum refineries in large quantities because of its high usage in various sectors, such as construction, metal & mining, and cement production, among others.

The engine oil segment accounts for the largest share of the lubricants industry in 2019.

The engine oil segment accounted for the largest share of the lubricants market in 2019, in terms of both volume and value. Engine oil is used mainly in ICEs, where its primary function includes lubrication and heat removal in the automobile and equipment engine. Engines are the most widely used machines, majorly used in vehicles and transport vessels. These engines form the basis of a vehicle function. It is the most common type of fluid being used in the industry.

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Transportation accounts for the largest share of the lubricants industry in 2019.

Transportation accounted for the largest share of the lubricants market in 2019, in terms of both volume and value. This is due to the rise in vehicle count both in commercial and passenger segments, influenced by the increasing spending power in the developing nations. The growing emphasis on optimized supply chain and logistics will also have a positive impact on this market.

APAC is estimated to be the largest market for lubricants during the forecast period.

APAC led the lubricants market in 2019, in terms of both volume and value. The increasing population, the rising expenditure in the industrial sector, and the growing vehicle count in emerging markets of China, India, and ASEAN are some of the major factors projected to drive the demand for lubricants in the region. This increased demand is expected to consequently drive the growth of the lubricants market in the region. Furthermore, improved lifestyle, an increase in employment rate, a rise in disposable income of the people, and an increase in foreign investments in various sectors of the economy are some of the factors that make APAC an attractive market for lubricants manufacturers.

The key market players profiled in the report include Royal Dutch Shell Plc. (Netherlands), ExxonMobil Corporation (U.S.), Chevron Corporation (U.S.), BP p.l.c. (U.K.), Total S.A. (France), Petrochina Company Limited (China), Sinopec Limited (China), LUKOIL (Russia), Fuchs Petrolub AG (Germany), and Idemitsu Kosan Co. Ltd (Japan), among others.

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Construction Lubricants Market by Base Oil (Mineral Oil and Synthetic Oil), Product Type (Hydraulic Fluid, Engine Oil, Gear Oil, Compressor Oil) and Equipment Type (Earthmoving, Material Handling, Heavy Construction Vehicle) – Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/construction-lubricant-market-163720562.html

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’s 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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Hyundai Mobis develops the next-generation V2X control technology, or the Integrated Communication Controller for the first time in Korea

  • Localized the core technology for processing large amounts of vehicle data in real time and implementing an always-connected car
  • Various kinds of vehicle and driver data to be utilized to provide high level safety and convenience services
  • Building an open ecosystem that enables various services by sharing key vehicle data

SEOUL, South Korea, June 26, 2020 /PRNewswire/ — Hyundai Mobis announced that the company developed the…

  • Localized the core technology for processing large amounts of vehicle data in real time and implementing an always-connected car
  • Various kinds of vehicle and driver data to be utilized to provide high level safety and convenience services
  • Building an open ecosystem that enables various services by sharing key vehicle data

SEOUL, South Korea, June 26, 2020 /PRNewswire/ — Hyundai Mobis announced that the company developed the Integrated Communication Controller, which enables real-time communication of various vehicle information with other vehicles or infrastructure through external communication networks.

Hyundai Mobis Integrated Communication Controller

 

Hyundai Mobis CI

It succeeded in localizing the core connected car technology that connects vehicles, people, things and infrastructure with high-speed communication networks. It is expected that various kinds of vehicle and driver data will be utilized to apply a wider range of services that provide safety and convenience.

The Integrated Communication Controller, developed by Hyundai Mobis, connects various Electronic Control Units (ECU) mounted on the vehicle, e.g. the powertrain, multimedia, airbags and brake systems, through wired communication to collect and analyze various kinds of vehicle operation data in real time. It can process large amounts of data, including the data from various sensors like radars, lidars and cameras, and autonomous driving-related data.

It also communicates this information with the outside through full-time wireless network connectivity. It can also implement various connected car services, such as remote vehicle control and automatic update of the software of various systems, and functions like eCall which automatically transmits accident information in case of an emergency.

  • Expanding connectivity through convergence between automotive and information technology

The connected car, a smart mobility device is expected to greatly change the future driving environment, recently evolving in diverse directions.

As a representative example, the software of various in-vehicle systems is automatically updated so that the driver can always keep in-vehicle software up-to-date during their ownership of the vehicle without having to pay any extra attention. The errors of existing software can be corrected, and new functions and technologies can be applied to the vehicle in real time.

It is expected to improve the performance of the vehicle through the ECU updates in the vehicle, e.g. the safety, convenience and powertrain, and enhance the energy efficiency of electric vehicles by improving the software of the BMS (Battery Management System), drive motors and regenerative braking system.

It will be possible to collect and accumulate the operation data necessary for autonomous driving and high-definition maps, e.g. information on various incidents likely to occur during driving and steering information. It will then make it possible to analyze AI-based real-time traffic information to inform the driver of the best route and provide parking space information of the destination. It will also be possible to use the connected technology to implement various auxiliary functions for safe driving, e.g. real-time high-definition map update, work-zone-avoidance driving and avoiding collision with a vehicle in front of a preceding vehicle that stops suddenly.

Detailed vehicle data, including the status of the powertrain of the vehicle, fuel efficiency and driving habits, can be used not only to diagnose failures in real time, but also implement an open service ecosystem, e.g. integrated parking reservation, driving habit-linked insurance, smart home connection solutions and AI support.

Hyundai Mobis is concentrating on developing new technologies that combine its existing core component technologies, e.g. braking and steering, autonomous driving sensor technologies and integrated control technologies, to get ready for this market. The company is planning to leverage this new convergence technology to provide future car technology solutions, represented by autonomous driving and connected cars.

Photo – https://mma.prnewswire.com/media/1196853/Hyundai_Mobis_Integrated_Communication_Controller.jpg
Logo – https://mma.prnewswire.com/media/1166884/hyundaimobis_CI_Logo.jpg

Ecotrade Group Highlights Its Digital Catalytic Converter Pricebook Tool

DOVER, Del., June 25, 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="prnejpgabf5left"…

DOVER, Del., June 25, 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 processing, sampling, and assaying of catalytic converters and diesel particulate filters. With offices in more than 10 countries, Ecotrade Group has become a global leader in precious metal recycling technology for catalytic converters.

Photo – https://mma.prnewswire.com/media/1195216/Mock_up_app.jpg

 

Ecotrade Group Highlights Its Digital Catalytic Converter Pricebook Tool

DOVER, Del., June 25, 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="prnejpgabf5left"…

DOVER, Del., June 25, 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 processing, sampling, and assaying of catalytic converters and diesel particulate filters. With offices in more than 10 countries, Ecotrade Group has become a global leader in precious metal recycling technology for catalytic converters.

Photo – https://mma.prnewswire.com/media/1195216/Mock_up_app.jpg

 

Hyundai Motor Group Becomes Most Awarded Automotive Group in the J.D. Power 2020 U.S. Initial Quality Study

– Hyundai Motor, Kia Motors and Genesis combine for seven model-level awards, the most for an automotive group

– Model winners are Hyundai’s Tucson and Veloster, Kia’s Forte, Sedona, Sorento, and Soul, along with Genesis’ G70

SEOUL, South Korea, June 25, 2020 /PRNewswire/ — Hyundai Motor Group received the most model-level awards in the J.D. Power 2020 U.S. Initial Quality Study (IQS), as seven models ranked highest in their segments.

Kia Motors Corporation tied for the…

– Hyundai Motor, Kia Motors and Genesis combine for seven model-level awards, the most for an automotive group

– Model winners are Hyundai’s Tucson and Veloster, Kia’s Forte, Sedona, Sorento, and Soul, along with Genesis’ G70

SEOUL, South Korea, June 25, 2020 /PRNewswire/ — Hyundai Motor Group received the most model-level awards in the J.D. Power 2020 U.S. Initial Quality Study (IQS), as seven models ranked highest in their segments.

Kia Motors Corporation tied for the highest in overall initial quality with a score of 136 problems per 100 vehicles (PP100), making it the highest-marked mass market brand for the sixth consecutive year. It tallied four segment wins and brand level award — the most for an individual brand. Kia Forte (compact car), Kia Sedona (minivan), Kia Sorento (upper midsize SUV) and Kia Soul (small SUV) each ranked highest in their segments.

Hyundai and Genesis, respectively, won in two and one segments.

For Hyundai, J.D. Power ranked Hyundai Tucson as the best compact SUV in initial quality, while Hyundai Veloster also earned the top score in the compact sporty car segment. In addition, Hyundai Accent and Elantra both finished second in their respective segments, while Santa Fe finished third.

Genesis led the premium segment as the top-ranked premium nameplate for four consecutive years. The G70 scored 129 PP100 to rank as the top Compact Premium Car for the second year in a row.

The 2020 U.S. Initial Quality Study is based on responses from 87,282 purchasers and lessees of new 2020 model-year vehicles who were surveyed after 90 days of ownership. The study, which provides manufacturers with information to facilitate the identification of problems and drive product improvement, was fielded from February through May 2020.

The 2020 study, redesigned for its fifth generation, is now based on a 223-questionnaire covering nine vehicle categories: infotainment; features, controls and displays; exterior; driving assistance (new for 2020); interior; powertrain; seats; driving experience; and climate.

About Hyundai Motor Group
Hyundai Motor Group is a global corporation that has created a value chain based on automobiles, steel, and construction and includes logistics, finance, IT and service. With about 250,000 employees worldwide, the Group’s automobile brands include Hyundai Motor Co. and Kia Motors Corp and Genesis. Armed with creative thinking, cooperative communication and the will to take on all challenges, we are working to create a better future for all.

More information about Hyundai Motor Group, please see: www.hyundaimotorgroup.com

More information about Hyundai Motor and its products can be found at:
worldwide.hyundai.com or globalpr.hyundai.com

Visit the Kia Motors Global Media Center for more information: www.kianewscenter.com

For more information on Genesis and its new definition of luxury, please visit https://www.genesis.com

Disclaimer: Hyundai Motor Group believes the information contained herein to be accurate at the time of release. However, the company may upload new or updated information if required and assumes that it is not liable for the accuracy of any information interpreted and used by the reader.