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WLCSP Electroless Plating Market to Reach $2.88 Billion, Globally, by 2027 at 5.9% CAGR: Allied Market Research

Growing need for micro electric devices and circuit miniaturization and surge in demand for WLCSP electroless plating against traditional plating due to better shielding properties drive the global WLCSP electroless plating market

PORTLAND, Oregon, May 14, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «WLCSP Electroless Plating…

Growing need for micro electric devices and circuit miniaturization and surge in demand for WLCSP electroless plating against traditional plating due to better shielding properties drive the global WLCSP electroless plating market

PORTLAND, Oregon, May 14, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «WLCSP Electroless Plating Market By End-Use (Automotive, Electronics, Aerospace, Machinery, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027″. According to the report, the global WLCSP electroless plating industry garnered $1.77 billion in 2019, and is estimated to reach $2.88 billion by 2027, registering a CAGR of 5.9% from 2020 to 2027.

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Drivers, Restraints, and Opportunities

Growing need for micro electric devices and circuit miniaturization, surge in demand for WLCSP electroless plating against traditional plating due to better shielding properties, and cost-effectiveness of WLCSP electroless plating drive the global WLCSP electroless plating market. However, fluctuating raw material prices and sluggish growth of the semiconductor industry restrain the market growth. On the other hand, growing demand for WLCSP electroless plating from the healthcare industry and aerospace verticals create new opportunities in the coming years.

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COVID-19 Scenario

  • Several major market players have halted the production of WLCSP electroless plating amidst the lockdown.
  • During the coronavirus pandemic, the revenue generated from the electronics segment will be reduced for a few months as electronics components and consumer electronics manufacturers have stopped their production amid lockdown. However, it will rebound quickly as market resumes.
  • The demand for WLCSP electroless plating has experienced a downfall during the coronavirus pandemic due to the negatively-affected supply chain amid lockdown.
  • The COVID-19 pandemic is receding slowly in countries such as China and India and governments are now lifting the lockdown to start the industrial activities. This is likely to be a huge opportunity for several WLCSP electroless plating manufacturers in these countries to grow and generate maximum revenue

The Electronics Segment to Maintain Its Leadership Status in terms of Revenue throughout the Forecast Period

Based on end use, the electronics segment accounted for more than three-fifths of the total share of the global WLCSP electroless plating market in 2019, and is expected to maintain its leadership status in terms of revenue throughout the forecast period. This is attributed to the growing need for advanced packaging in the electronics industry. However, the automotive segment is estimated to generate the fastest CAGR of 8.4% from 2020 to 2027. This is due to surge in adoption of advanced driver-assistance systems (ADAS), electrification of vehicles, and growing demand for microcontrollers in the automotive industry.

The Nickel Segment to Maintain Its Leadership Position during the Forecast Period

Based on type, the nickel segment accounted for more than half of the total share of the global WLCSP electroless plating market in 2019. This is attributed to the properties of electroless nickel plating for WLCSP such as corrosion resistance, chemical purity, ductility, water resistance, chemical hardness, which is useful for the protection of automotive and aerospace components. However, the composites segment is estimated to generate the fastest CAGR of 7.3% from 2020 to 2027. This is attributed to the benefits of electroless composites plating for WLCSP such as thermal advantages, electrical conductivity, tensile strength, hardness, durability, and conductivity, which makes it a suitable component for use in electronic components.

Asia-Pacific, Followed By Europe, to Maintain Its Dominant By 2027

Based on region, Asia-Pacific, followed by Europe, accounted for the highest share based on revenue, holding for more than two-thirds of the total share of the global WLCSP electroless plating market in 2019, and is projected to maintain its dominant position throughout the forecast period. In addition, Asia-Pacific is estimated to portray the fastest CAGR of 6.5% from 2020 to 2027. This is attributed to the availability of high-end enhanced technologies, increase in demand for smart electronics, and growth in manufacturing industries across the region.

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Leading Market Players

  • ARC Technologies Inc.
  • Atotech Deutschland GmbH
  • KC Jones Plating Company
  • MacDermid Inc.
  • COVENTYA International
  • Okuno Chemical Industries Co. Ltd.
  • Nihon Parkerizing Co. Ltd.
  • C. Uyemura & Co. Ltd
  • Bales Metal Surface Solutions (Bales)
  • Erie Plating Company

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Automotive Sector Braces for Chinese Bargain Hunters as Leading Companies Lose Combined $564bn Market Cap in Q1 2020, Says GlobalData

LONDON, May 14, 2020 /PRNewswire/ — Deal activity in the automotive space is moribund at the moment amid the COVID-19 crisis. Indeed, as GlobalData’s deals database shows, automatic transaction values in Q1 2020 fell by 82% year-on-year to $13.8bn – even though deal volume increased 15% to 181 in the time period.

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LONDON, May 14, 2020 /PRNewswire/ — Deal activity in the automotive space is moribund at the moment amid the COVID-19 crisis. Indeed, as GlobalData’s deals database shows, automatic transaction values in Q1 2020 fell by 82% year-on-year to $13.8bn – even though deal volume increased 15% to 181 in the time period.

But, that was Q1. You’d now be hard pressed to find any active buyers in a market where, according to GlobalData forecasts, global light vehicle sales are expected to fall by 19.1% to 72.7m in 2020 with the brunt to be felt in Q2 with sales forecast to decline by over 49%. In such a climate and with every actor in the auto value chain under extreme distress, there will be plenty of opportunities to buy at the bottom of the market.

GlobalData’s analysis indicates that leading automotive companies lost a combined $564bn in their market capitalization in Q1 2020 – equivalent to a 30.6% average drop – as the FTSE 350 Automobiles index dived by 56.8% in the same period.

Calum MacRae, Automotive Analyst at GlobalData, comments: «Just as a rising tide doesn’t float all boats, crashes in the valuation of auto companies shouldn’t reflect equally on all companies. Many companies, brands and assets in the auto sector still hold a high intrinsic value.»

After being the initial epicenter of the virus, China’s economy and auto sector has recovered first. Its market is still troubled – a 15.3% year-on-year decline in light vehicle sales is forecast – but its companies may feel emboldened to initiate an overseas spending spree.

MacRae continued: «Already, China’s Geely owns Volvo Cars, Lotus and Proton and has a major stake in Daimler while on the supplier side of the business the likes of Nexteer (the former GM Saginaw) and the former Key Safety Systems (now Joyson) are Chinese owned.

«Each of these examples were distressed companies acquired by Chinese investors and I have every reason to believe we’ll see another influx of Chinese investment.

«Made in China 2025 is a call to arms for Chinese auto companies to become technology leaders and establish a greater presence overseas. And, while China’s made great technological strides, the world knows that if you can’t make you buy. And it’s a buyer’s market out there right now.»

‘Information based on GlobalData’s automotive report: ‘COVID-19 and its Impact on the Automotive Sector’. For a free copy of the report email pr@globaldata.com.

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Pininfarina to Launch AutonoMIA, a Responsive Driving Experience for the Mobility of the Future

TURIN, Italy, May 13, 2020 /PRNewswire/ — Pininfarina‘s 90th anniversary celebrations focus on the value that have guided it since its foundation: designing the future.

<img id="prnejpg8dccleft" title="Pininfarina’s responsive User Experience for the mobility of the future." border="0" alt="Pininfarina’s responsive User Experience for the mobility of the future." align="middle"…

TURIN, Italy, May 13, 2020 /PRNewswire/ — Pininfarina‘s 90th anniversary celebrations focus on the value that have guided it since its foundation: designing the future.

Pininfarina’s responsive User Experience for the mobility of the future.

A leader in automotive design and engineering, the Turin-based company further expands its offering to automotive customers through the conception, design and realization of User Experiences, in the form of a highly responsive, multi-sensorial on-board experience demonstrator, named AutonoMIA.

AutonoMIA is an immersive exploration of how technology, from AI to 5G, from display to haptics, from sensors to natural interfaces, can be leveraged to reenchant the driving experience. It is a tool that designers will use to continue iterating on the thinking on the future of driving. The different parties build knowledge on the data extracted from its usage. But AutonoMIA is also an asset that can be leveraged, customized and developed further for Pininfarina’s clients.

AutonoMIA was made possible thanks to several new strategic partnerships.

The main collaboration is with ART. The Umbrian company made available its experience in creating user interfaces for automotive cockpits, and provided its highly advanced and customizable infotainment platform. ART provided all of AutonoMIA’s hardware and developed all the needed middleware.

In turn, the application layer was designed in close cooperation with and developed by Siili_auto, a leading Finnish automotive software development company.

The seats and all the padded parts were supplied by ARAS.

«AutonoMIA», explains CEO Pininfarina, Silvio Pietro Angori, «shows how Pininfarina may combine experience design with creative technology, reinventing the on-board experience at a time when digitalisation, connectivity, data and artificial intelligence are substantially redefining mobility. With its Experience Design team and Partners, Pininfarina today helps its customers through mobility experiences which are getting more and more digital«.

AutonoMIA is an experience designed to adjust and respond to people and contexts of use, leveraging the different interface elements it builds on to create a multi-sensorial and responsive experience that creates magic, strong meaning and positive impact in and around the car. Among others, AutonoMIA revisits notably the function, position, individual and combined use of screens inside the car.

In the future, AutonoMIA will be able to build on the true augmented reality experience provided by Pininfarina’s partner WayRay and its advanced holographic, full-color head-up display technology and new applications for autonomous driving, urban mobility and infotainment.

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Pininfarina’s responsive User Experience for the mobility of the future.

 

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Automotive Headliner Market Worth $20.4 Billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, May 13, 2020 /PRNewswire/ —  According to the new market research report «Automotive Headliner Market by Vehicle Type (Passenger and Commercial), Material Type (Fabric, Polyester and Plastic), and Region (APAC, North America, <span…

CHICAGO, May 13, 2020 /PRNewswire/ —  According to the new market research report «Automotive Headliner Market by Vehicle Type (Passenger and Commercial), Material Type (Fabric, Polyester and Plastic), and Region (APAC, North America, Europe, South America and Middle East & Africa) – Global Forecast to 2025″, published by MarketsandMarkets™, the global Automotive Headliner Market size is projected to grow from USD 16.6 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 4.2%, during the forecast period.

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The passenger vehicle segment is projected to account for the largest share of the automotive headliner market, by vehicle type, during the forecast period.

The growth of this segment can be attributed to the increase in demand for interior components in passenger vehicles. Passenger vehicles include all the vehicles which are used for the transportation of passengers including personal cars, wagons, hatchbacks, sedans, sport utility vehicle (SUV), multipurpose utility vehicle (MUV), estate cars, and other personal-use vehicles. The technologies used in this type of vehicle are frequently changing due to the high demand from consumers for luxurious features. Also, government regulations for emission and safety for passenger vehicles are continually evolving. Manufacturers have to reduce the weight of passenger vehicles and offer comfort & safety to consumers at a lower price. Due to the increasing demand for autonomous and electric vehicles, the aesthetics in passenger vehicle interiors are increasingly important, with a major focus on the headliner and overhead systems.

The fabric segment is projected to be the fastest-growing material type in the automotive headliner market during the forecast period.

Fabric is formed by textile fibers that are held together by mechanical interlocking in a random web or mat by fusing the thermoplastic fibers or by bonding them with a cementing agent. Headliner fabric is different from the regular material used for upholstery. Headliner fabric has a special foam backing on it that will mold to the contours of vehicle roofs.

Foam-backed cloth, cotton-napped cloth, synthetic cloth, and perforated vinyl are the different types of fabrics used in automobile upholstery. Fabric is used in automotive interiors such as seat covers, cushions, airbags, carpets, seatbelts, headliners, and sun visors. It is preferred in automotive interiors owing to its low cost and better recyclability. The type of fabrics used differs according to the country and region.

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The automotive headliner market in APAC is projected to register the highest CAGR during the forecast period.

The APAC automotive headliner industry is segmented as China, India, South Korea, Japan, Indonesia, Thailand, and Rest of APAC. APAC is an emerging and lucrative market, owing to industrial development and improving economic conditions. This region constitutes approximately 61% of the world’s population, resulting in the growth of the automotive industry.

Major players operating in the automotive headliner market include Grupo Antolin-Irausa, S.A. (Spain), Motus Integrated Technologies (US), Toyota Boshoku Corporation (Japan), Kasai North America, Inc. (US), International Automotive Components Group SA (Luxembourg), Howa Co., Ltd. (Japan), UGN, Inc. (US), SA Automotive (US), Hayashi Telempu Corporation (Japan), Freudenberg Performance Materials (France), Inteva Products, LLC (US), and IMR-Industrialesud Spa (Italy).

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Automotive Interior Materials Market by Type (Synthetic Leather (PU & PVC), Genuine Leather, Polymers, Fabric), Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), Region – Global Forecast to 2023

https://www.marketsandmarkets.com/Market-Reports/automotive-interior-materials-advanced-technologies-and-global-market-89.html 

Automotive Fabrics Market by Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Trucks, Buses & Coaches) & Application (Floor Covering, Upholstery, Pre-assembled Interior Components, Tires, Safety-Belts, Airbags) – Global Forecast to 2021

https://www.marketsandmarkets.com/Market-Reports/automotive-fabric-market-131700708.html 

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Forklift Truck Market to Garner $81.40 Bn, Globally, by 2027 at 7.3% CAGR, Says Allied Market Research

Development in the e-commerce industry and increase in investment in the infrastructure market have boosted the growth of the global forklift truck market

PORTLAND, Oregon, May 13, 2020 /PRNewswire/ — Allied Market Research recently published a report, «Forklift Truck Market by Power Source(IC Engine Powered and Electric Powered), Class (Class 1, Class 2, Class 3, Class 4,…

Development in the e-commerce industry and increase in investment in the infrastructure market have boosted the growth of the global forklift truck market

PORTLAND, Oregon, May 13, 2020 /PRNewswire/ — Allied Market Research recently published a report, «Forklift Truck Market by Power Source(IC Engine Powered and Electric Powered), Class (Class 1, Class 2, Class 3, Class 4, Class 5, and Others) and End Use (Retail & Wholesale, Logistics, Automotive, Food Industry, and Others): Global Opportunity Analysis and Industry Forecast,2020–2027″. According to the report, the global forklift truck industry was pegged at $45.00 billion in 2019, and is projected to reach $81.40 billion by 2027, growing at a CAGR of 7.3% from 2020 to 2027.

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Prime determinants of market growth

Development in the e-commerce industry and increase in investment in the infrastructure market have boosted the growth of the global forklift truck market. However, surge in safety issues related to forklift truck hampers the market. On the contrary, production of hydrogen fuel cell forklifts and development of autonomous forklifts trucks are expected to open new opportunities for the market players.

Covid-19 scenario: The emergence of Covid-19 has greatly affected the global forklift truck market

  • According to the Covid-19 impact assessment presented by LMC Automotive Limited, around 78% of companies lack adequate staff to run a full production line.
  • As the majority of the auto supply chain is connected to China, it would impact negatively on the sale of the forklift truck market.
  • However, government relief funds are expected to minimize the overall impact on the market growth.

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The IC engine powered segment dominated the market

By power source, the IC engine powered segment held the largest share in 2019, accounting for nearly three-fifths of the global forklift truck market. Leading forklift manufacturers have introduced a new range of IC engine powered with advanced and innovative features making it the largest segment in power source. However, the electric powered segment is expected to portray the highest CAGR of 8.0% during the forecast period, due to less emission of harmful gases and increase in partnerships to develop novel electric powered forklifts.

The automotive segment to manifest fastest CAGR through 2027

By end user, the automotive segment is expected to register the highest CAGR of 10.5% during the study period. Forklifts trucks used in the automotive industry are available with a wide range of lifting capacities and specialized model variations which, in turn, makes it the fastest-growing segment. However, the retail & wholesale segment held the largest share in 2019, accounting for around two-fifths of the global forklift truck market. This is due to adoption of forklifts in retail and wholesale industry as it offers loading and unloading of trailers efficiently and quickly with minimal product damage.

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LAMEA, followed by North America, to portray highest CAGR till 2027

The global forklift truck market across LAMEA, followed by North America, is expected to register the highest CAGR of 11.1% during the forecast period, owing to technological advancements and production of electric powered forklift truck. However, the market across Asia-Pacific dominated the market in terms of revenue, contributing to more than two-fifths of the market, due to rapidly growing e-commerce industry and rising investment in the infrastructure industry.

Major market players

  • Crown Equipment Corporation
  • Hangcha
  • EP Equipment
  • Jungheinrich AG
  • Hyster-Yale Materials Handling, Inc.
  • Komatsu Ltd.
  • KION GROUP AG
  • Mitsubishi Logisnext Co., Ltd.
  • Lonking Machinery Co., Ltd.
  • Toyota Industries Corporation

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P2P Electric Vehicle Charging Market Size Worth $351.7 Million by 2027: Grand View Research, Inc.

SAN FRANCISCO, May 13, 2020 /PRNewswire/ — The global peer-to-peer electric vehicle charging market size is expected to reach USD 351.7 million by 2027, registering a…

SAN FRANCISCO, May 13, 2020 /PRNewswire/ — The global peer-to-peer electric vehicle charging market size is expected to reach USD 351.7 million by 2027, registering a CAGR of 21.8% from 2020 to 2027 according to a new report by Grand View Research, Inc. To eliminate the range anxiety issues of electric vehicles, various governments are emphasizing on the provision of funds for the development of peer-to-peer networks. For instance, the U.S. government has established the Northeast Corridor Regional Strategy, under which it is providing support for various activities to enhance their Electric Vehicle (EV) charging infrastructure. Under the strategy, the government is providing support for the development of public charging stations and peer-to-peer EV charging networks.

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Key suggestions from the report:

  • The Level 1 charger segment is anticipated to expand at the highest CAGR during the forecast period, on account of increasing number of multi-unit dwellings installing Level 1 charging stations.
  • The commercial segment is projected to register the highest CAGR over the forecast period owing to companies such as The Coca-Cola Company and General Motors focusing on making EV charging stations at their facilities open to public
  • The European electric utilities such as Copenhagen Electric and Stromnetz Hamburg are collaborating to deliver e-roaming services to EV drivers through projects such as evRoaming4EU that bodes well for the growth of market in the region

Read 125 page research report with ToC on «Peer-To-Peer Electric Vehicle Charging Market Size, Share & Trends Analysis Report By Charger Type (Level 1, Level 2), By Application (Residential, Commercial), By Region, And Segment Forecasts, 2020 – 2027» at: https://www.grandviewresearch.com/industry-analysis/peer-to-peer-electric-vehicle-charging-market

The growing emphasis of various governments, Original Equipment Manufacturers (OEMs), and automobile companies on enhancing the performance of charging solutions by including features such as Vehicle-to-grid (V2G) and blockchain payments, bodes well for the growth of the market. For instance, in 2016, the Government of Netherlands provided funding worth USD 180.3 billion for enhancing electric vehicle supply equipment, including peer-to-peer networks to companies including BMW AG and Eaton Corporation. Various OEMs and EV manufacturers are looking to strengthen the interoperability of charging infrastructure and electric vehicles, and that is expected to enhance the P2P networks. Additionally, various governments have mandated the allocation of space for electric vehicle charging in parking spaces of residential complexes, which is likely to provide lucrative opportunities to the market. For instance, in January 2019, the Government of India has mandated residential and commercial complexes to allot 20% of their parking space for electric vehicle chargers. However, in 2020, the growth of the market is likely to be impacted by the outbreak of COVID-19 that resulted in shifting focus of the governments on the provision of healthcare services.

Various utilities and charging station operators are collaborating for the expansion of peer-to-peer EV charging networks, which is further driving the market growth. For instance, in November 2017, Enexis Netbeheer B.V., innogy, and Vorarlberger Kraftwerke, among others, collaborated to launch the Oslo2Rome project. The Oslo2Rome project focuses on the developing P2P network, enabling EV drivers to access private and public charging stations along the Oslo to Rome highway. Furthermore, the increased number of automotive manufacturers emphasizing the development of peer-to-peer networks bodes well for market growth. For instance, in August 2016, Groupe Renault under its Elbnb campaign for the development of P2P networks across Sweden.

Grand View Research has segmented the P2P electric vehicle charging market based on charger type, application, and region.

  • P2P Electric Vehicle Charger Type Outlook (Revenue, USD Million, 2018 – 2027)
    • Level 1
    • Level 2
  • P2P Electric Vehicle Charging Application Outlook (Revenue, USD Million, 2018 – 2027)
    • Residential
      • Private Homes
      • Apartments
    • Commercial
      • Destination Charging Station
      • Fleet Charging Station
      • Workplace Charging Station
      • Others
  • P2P Electric Vehicle Charging Region Outlook (Revenue, USD Million, 2018 – 2027)
    •  North America
      • U.S.
      • Canada
    • Europe
      • Netherlands
      • U.K.
      • France
      • Norway
      • Germany
    • Asia Pacific
      • Japan
      • China
      •  India
    • Rest of the World (RoW)

Find more research reports on Next Generation Technologies Industry, by Grand View Research:

  • Fraud Detection & Prevention Market – The global fraud detection & prevention market size was valued at USD 17.33 billion in 2018 and is expected to grow at a CAGR of 18.9% over the forecast period.
  • Big Data as a Service Market – The growing need among organizations for efficiently processing, storing, and managing large datasets has led to the emergence of cloud-enabled big data analytics technologies, thereby driving BDaaS market growth.
  • Business Intelligence Software Market – The global business intelligence software market size was valued at USD 24.9 billion in 2018 and is expected to witness a CAGR of 10.1% from 2019 to 2025.

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Formula 1® Chooses Automobilist to Help Celebrate 70th Anniversary

PRAGUE, May 13, 2020 /PRNewswire/ — Marking its platinum anniversary on May 13 in quiet style, Formula 1 in partnership with Automobilist, commemorates the completion of 70 years with a series of 3 special posters as a token of appreciation to fans, followers and all those who have enriched the history of this sport. The 3 Special Edition Commemorative posters have a unique outlook – a design inspired by the past, present and future. Featuring in them is the list of 70…

PRAGUE, May 13, 2020 /PRNewswire/ — Marking its platinum anniversary on May 13 in quiet style, Formula 1 in partnership with Automobilist, commemorates the completion of 70 years with a series of 3 special posters as a token of appreciation to fans, followers and all those who have enriched the history of this sport. The 3 Special Edition Commemorative posters have a unique outlook – a design inspired by the past, present and future. Featuring in them is the list of 70 Champions across all years of the sport, and the car of the future, a perfect amalgamation of winners that have been and the potential of racing yet to come.

 

Formula 1® Chooses Automobilist to Help Celebrate 70th Anniversary

 

F1® raced to an official start on May 13, 1950 with the British Grand Prix™ amidst royalty and fanfare at Silverstone, with 11 drivers making it across the chequered flag. 

ABOUT THE POSTERS:

1. Limited Edition Poster: Titled «Our Past Fuels Our Future,» featured on the poster is the Formula 1 car in the next few seasons, based on the new technical regulations with 1950 exclusive pieces printed for the occasion.

2. Collectors’ Edition Poster: Only 700 pieces, the Collector’s Edition Poster blends the past – with all World Champion drivers since 1950 listed out on the poster, the future – a rendering of the Formula 1 car in the next few seasons, and the present – a commemoration of 70 years etched out in golden embossing.

3. Drivers’ Edition: The 400 piece Drivers’ Edition to be presented to drivers – past and present, team owners, other major participants.

QUOTES:

Pavel Turek, CEO Automobilist: «As part of our continued partnership with Formula 1, we are excited to create these posters that represent the past, present and future of the sport with the names of all the past world champion drivers from Giuseppe Farina, who also won that very first race at Silverstone, right up to Lewis Hamilton, one of a select band who appear on the list more than once.»

Joan Carrera López, Senior Manager, Retail & CPG Licensing, Formula 1®: «History gives us much to celebrate and on this occasion, we asked Automobilist to produce these 70th anniversary posters given their proven level of quality and authenticity that characterises their work. We are sure that collectors and race fans will be equally impressed.»

Purchase/View Posters Here: https://bit.ly/70th-Anniversary-Posters

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Polyplastics Launches New DURACON(R) POM Grade with Improved Diesel Fuel Resistance for Auto Fuel Components

TOKYO, May 13, 2020 /PRNewswire/ — The Polyplastics Group has announced the introduction of a new DURACON(R) polyoxymethylene (POM) grade which delivers improved diesel fuel resistance for the production of injection-molded automotive fuel system components. The new material complements Polyplastics’ flagship DURACON(R) POM portfolio which is already widely used for automotive fuel system components due to its superior mechanical properties, heat and fuel resistance, and excellent…

TOKYO, May 13, 2020 /PRNewswire/ — The Polyplastics Group has announced the introduction of a new DURACON(R) polyoxymethylene (POM) grade which delivers improved diesel fuel resistance for the production of injection-molded automotive fuel system components. The new material complements Polyplastics’ flagship DURACON(R) POM portfolio which is already widely used for automotive fuel system components due to its superior mechanical properties, heat and fuel resistance, and excellent moldability.

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The newly launched new grade, DURACON(R) H140DR, offers superior performance over competitive materials and is targeted for global markets. While drive systems will likely shift toward electrification, diesel engines are expected to remain in use for certain commercial vehicles, according to Polyplastics. Low-quality diesel fuel contains a high concentration of acid and sulfur which has a negative effect on POM.

Fuels that contain a high concentration of sulfur act on main polymer chains and facilitate decomposition in POM. Tests show the percentage of weight change (decomposition rate) when POM is immersed at high temperature in test diesel fuel with a high concentration of sulfur. DURACON(R) H140DR has superior resistance compared to a competitor’s improved diesel fuel resistant POM and a standard material.

DURACON(R) H140DR has a higher melt flow rate (MFR) than standard grade M90-44, resulting in good formability. It is also denser, with smaller crystal size, and thus has a high degree of crystallization compared to standard grade M90-44.

The new grade has the same level of creep-fracture properties versus competitive materials, and appears to have enough long-term mechanical resistance properties as well. Environmental stress fracture testing reveals that DURACON(R) H140DR has high resistance to external factors such as acid rain and various acidic solvents used in cars.

Please also visit: https://www.polyplastics.com/en/product/lines/pom_h140dr/index.html

About Polyplastics

Polyplastics Co., Ltd. is a global leader in the development and production of engineering thermoplastics. The company’s product portfolio includes POM, PBT, PPS, LCP, GF-PET and COC. The company has the largest global market share of POM and LCP. With more than 50 years of experience, the company is backed by a strong global network of R&D, production, and sales resources capable of creating advanced solutions for an ever-changing global marketplace.

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

10 Ways Airlines Encourage Travellers to Return by Creating Confidence in the Time of COVID-19

CarTrawler-sponsored report offers recovery advice for the travel industry with examples from Emirates, Etihad, Hilton, Korean Air, United, and Xiamen Airlines

SHOREWOOD, Wis. and DUBLIN, May 12, 2020 /PRNewswire/ — This report is written to help those working at airlines and in the travel industry sort through the issue of traveller confidence and how it can be restored. Individual airlines, hotels, vacation rentals, car hire, airport transfers, and…

CarTrawler-sponsored report offers recovery advice for the travel industry with examples from Emirates, Etihad, Hilton, Korean Air, United, and Xiamen Airlines

SHOREWOOD, Wis. and DUBLIN, May 12, 2020 /PRNewswire/ — This report is written to help those working at airlines and in the travel industry sort through the issue of traveller confidence and how it can be restored. Individual airlines, hotels, vacation rentals, car hire, airport transfers, and sightseeing companies are already making decisions to ensure the safety of their customers, which will also increase traveller confidence in the industry. This confidence will be built in layers, and here are some of the examples provided in the report:

  • Emirates prohibits large carry-on bags in an effort to reduce congestion in the aisles while boarding and deplaning, and to speed the process.
  • Etihad Airways is trialling new passenger screening kiosks to help identify travellers at the early phases of COVID-19 infection.
  • Hilton introduced an exceptional branding and operations platform in partnership with Lysol and the Mayo Clinic to boost guest confidence in hotel accommodations.
  • Korean Air has implemented temperature checks for all passengers boarding aircraft at Seoul Incheon Airport.
  • United is integrating electrostatic spraying into its cleaning procedures on all flights.
  • Xiamen Airlines has an inflight separation zone for ill passengers in the aft cabin.

Flight Plan 2020: Creating Traveller Confidence in the Time of COVID was released today as a free 17-page report sponsored by CarTrawler. The full report is available at https://bit.ly/2yLpa0O

«We are starting to see more positive signs across the travel industry and countries accounting for 85% of world GDP are now past their peak of new cases, this in itself is a precursor to easing restrictions on travel bans. At CarTrawler, our focus is to work with our airline & travel partners to ensure we are supporting them in their preparations for the return of travel – with their customers being at the core of these arrangements,» said Aileen McCormack, Chief Commercial Officer at CarTrawler, speaking in Dublin today. «Regaining consumer confidence in travel is the key to regenerating the industry, be that business or leisure. Travel is certainly facing turbulent times, but our industry will get through this. The innovations we see within the report set us apart from other industries, alongside our ability to change to support our customers during the pandemic.»

About CarTrawler

CarTrawler is the leading B2B provider of car rental and mobility solutions to the global travel industry. CarTrawler brings opportunities to life through an online marketplace connecting their partners, customers and mobility suppliers. CarTrawler’s end-to-end technology platform expands our airline and travel partners’ offering to their customers, creating substantial ancillary revenue opportunities. CarTrawler provide unrivalled breadth and depth of content worldwide, including car rental, private airport transfer and ride-hailing services. CarTrawler creates innovative, data-led solutions for some of the largest travel brands in the world, including American Express, Alaska Airlines, easyJet, eDreams ODIGEO, Hotels.com, KLM, TravelStart and Emirates. As a B2B company CarTrawler focus solely on helping their airline and travel partners build their brands, not our own. 

CarTrawler was established in 2004. Our headquarters are in Dublin, Ireland, with offices in New York and Melbourne. For more information visit www.cartrawler.com.

About IdeaWorksCompany

IdeaWorksCompany boosts airline profits through innovations in ancillary revenue, a la carte pricing, and loyalty marketing. The firm was founded in 1996 and has an international client list of airlines and other travel industry firms in Asia, Europe, the Middle East, and the Americas. IdeaWorksCompany enjoys a reputation as a global resource for ancillary revenue strategy, on-site executive workshops, and research reports. Learn more at IdeaWorksCompany.com.

Servo Motors and Drives Market Worth $16.8 Billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, May 12, 2020 /PRNewswire/ — According to the new market research report «Servo Motors and Drives Market by Offering (Hardware, Software and Services), Product Type (Servo Motors, Servo Drives), System, Voltage, Communication Protocol, Brake Technology, Material of Construction, Industry, and Region – Global Forecast to 2025«, published by MarketsandMarkets™, the Servo Motors and Drives Market is projected to grow from USD 13.9…

CHICAGO, May 12, 2020 /PRNewswire/ — According to the new market research report «Servo Motors and Drives Market by Offering (Hardware, Software and Services), Product Type (Servo Motors, Servo Drives), System, Voltage, Communication Protocol, Brake Technology, Material of Construction, Industry, and Region – Global Forecast to 2025«, published by MarketsandMarkets™, the Servo Motors and Drives Market is projected to grow from USD 13.9 billion in 2020 to USD 16.8 billion by 2025; it is expected to grow at a CAGR of 4.0% from 2020 to 2025. The key factors fueling the growth of this market include the growing automation in factories, rising adoption of international standards for motor efficiency, development of user-friendly motion control libraries and packages for motors and drives, and increasing production of vehicles.

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Software and services offering segment of servo motors and drives market is projected to grow at highest CAGR from 2020 to 2025

The software and services segment of the servo motors and drives market is projected to grow at the highest CAGR from 2020 to 2025. Servo software are useful for various purposes, such as installation setup, networking, motion controlling, and other configuration requirements. The software also have real-time diagnostic capabilities to detect the presence of any critical emergency in the system and inform the operator about it instantly. The development of independent networking software for motion control and process control machines to help in their seamless integration with servo motors and drives is expected to lead to an increase in the demand for software and services.

Servo motors product type segment accounted for largest share of servo motors and drives market in 2019

In 2019, the servo motors segment accounted for the largest share of the servo motors and drives market, by product type. Servo motors are further segmented into AC servo motors and DC servo motors. AC servo motors provide the benefits of high torque per weight, efficiency, reliability, and low frequency noise, which has them favorable in applications across diverse end-user industries. AC motors such as synchronous AC servo motors with permanent magnet offer high level of accuracy and precision, making them suitable for equipment such as drill bits packaging machines, injection molding machines, and speed controllers machine used in the packaging industry. DC servo motors are commonly used in applications that require low power output as they are cost-effective in comparison with AC servo motors for such applications.

Browse in-depth TOC on «Servo Motors and Drives Market«
103 – Tables
66 – Figures
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Low voltage segment accounted for largest share of the servo motors and drives market in 2019

In 2019, the low voltage segment accounted for the largest share of the servo motors and drives market, by voltage. Low-voltage servo motors and drives are compatible for use in mobile applications that demand high acceleration and braking processes, low noise, and high efficiency. Their compact size results in a smaller number of cables, which improves the overall diagnostics capabilities, making them highly useful for various control systems equipment in printing & paper, steel, cement, power, and petrochemicals industries.

Rotary system segment is projected to grow at a higher CAGR from 2020 to 2025

The rotary segment of servo motors and drives market, by system, is projected to grow at a higher CAGR during forecast period. Rotary servo motors allow interaction between all magnets and the windings in all positions. This results in low installation costs of the rotary servo motor in comparison with linear servo motor. Rotary servo motors offer benefits such as high-resolution precision feedback, low energy consumption, high response, and high torque density. This makes rotary servo motors useful for applications in packaging, healthcare, and automotive & transportation industries. Advancements in rotary system-based servo motors and drives, including the introduction of stainless steel, food-grade, ingression protection (IP)-grade, and hygienic servo motors, have led to an increasing demand from industries such as food processing, pharmaceuticals, and petrochemicals.

Permanent magnet segment projected to grow at highest CAGR from 2020 to 2025

The permanent magnet brake technology is projected to grow at the highest CAGR from 2020 to 2025. Permanent magnet brakes are small and have a low weight, resulting in large torque per size density. This has made them highly useful for applications requiring almost zero backlash, such as pick-and-place robots and other applications in the pharmaceuticals & healthcare industry. The increased use of permanent magnet brakes in industries such as automotive & transportation, pharmaceuticals & healthcare, textile, and packaging has propelled their market growth. 

Industrial Ethernet communication protocol segment projected to grow at highest CAGR from 2020 to 2025

Based on communication protocol, the industrial Ethernet segment is projected to grow at the highest CAGR during the forecast period. Protocols such as EtherCAT, Ethernet/IP, PROFINET, POWERLINK, SERCOS III, and CC-Link IE, that provide real-time control are based on the industrial Ethernet architecture. Industrial Ethernet is mostly suited for industrial environments with harsh conditions where the factory components and equipment are exposed to extreme temperatures, humidity, and vibration. Industrial Ethernet offers various benefits, such as higher speed, increased connection distance, and the ability to connect more nodes than other network protocols. These benefits make industrial Ethernet highly suitable for industrial applications.

Other materials segment accounted for largest share of servo motors and drives market in 2019

In 2019, the others segment of the servo motors and drives market, by material of construction, accounted for the largest share of the market. Other materials used in the design and manufacturing of servo motors and drives include carbon steel and aluminum. The low cost of the servo motors and drives built using these materials has led to their market growth. Servo motors and drives constructed from non-stainless steel material have the ability to withstand dust, high-pressure washdown water jets, and corrosion prevention. This has led to the increased adoption of servo motors and drives with aluminum housing, which is Teflon-coated and hard coat anodized, in various industries, such as packaging, food processing, pharmaceuticals & healthcare, and petrochemicals.

Automotive & transportation industry segment accounted for largest share of servo motors and drives market in 2019

The automotive & transportation industry accounted for the largest share of the servo motors and drives market in 2019. Servo motors and drives are used in various automotive control systems, such as fuel injection systems, anti-lock braking systems, cruise control systems, and pedal systems, to control vehicle speed. Motion control systems having servo mechanisms also find use in manufacturing processes, such as auto body painting, vehicle assembling, material handling, automated guided vehicle (AGV) chassis marriage systems, and assembly presses. Servo motors and drives are central to the various reforms aimed at enhancing the speed, accuracy, and productivity of manufacturing in the transportation industry. Servo systems improve the logistics and supply chain processes through the use of robotics and various control systems, thereby, driving their demand in transportation industry.

APAC is projected to hold largest share of servo motors and drives market in 2025

APAC is expected to hold the largest share of the servo motors and drives market in 2025. Massive investments in industrial automation to enhance the operations of the manufacturing industry are driving the growth of the servo motors and drives market in the region. This has led to growing industrialization along with the rising use of robots to achieve high productivity and efficiency in industrial applications. the high demand for consumer electronics including smartphones, home appliances, smart home devices, and wearable devices have resulted in the adoption of flexible flow line manufacturing processes, including the use of robot arms, which is expected to further drive the demand for servo motors and drives in the region. The demand for energy-efficient automobiles such as electric vehicles and hybrid vehicles owing to the formulation of environment norms by governments of different countries has also led to the high adoption of DC servo motors in the APAC region.

Yaskawa Electric (Japan), Siemens AG (Germany), Mitsubishi Electric (Japan), Schneider Electric (France), Rockwell Automation (US), ABB (Switzerland), Nidec Corporation (Japan), Fuji Electric (Japan), Delta Electronics (Taiwan), and FANUC Corporation (Japan) are the key players operating in the servo motors and drives market. These players are increasingly undertaking strategies such as product launches and development, expansions, partnerships, and acquisitions to increase their market share.

Related Reports:

Encoders Market by Type (Linear and Rotary), Technology (Optical, Magnetic, and Others), End Use (Automotive, Consumer Electronics, Industrial, Food & Beverage, Medical, Printing, and Others), and Geography – Global Forecast to 2024

Motion Control Market by Component (AC Motors, Motors, Motion Controllers, AC Drives, Electronic Drives), Application (Packaging, Material Handling, Metal Fabrication, Converting, Positioning), Industry, and Geography – Global Forecast to 2022

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